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Usf Financing Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202865561 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

Overview

What is Usf Financing Corporation?

Usf Financing Corporation is a nonprofit organization based in Tampa, Florida, that manages and holds the title to the debt of various facilities belonging to the University of South Florida's Housing, Student Center, and Athletics auxiliary units. These facilities include multiple residence halls, a parking garage, a student center, and athletics facilities. The organization was formed to benefit the University of South Florida, as outlined in Florida Statutes, and supports its educational mission by providing access to these facilities for the public, students, faculty, and staff. As of June 30, 2022, the outstanding debt related to these units totaled $230,829,425.


Official website here: www.usf.edu/treasurer

Is Usf Financing Corporation legitimate?

Usf Financing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usf Financing Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.usf.edu/treasurer

What is the mission statement of Usf Financing Corporation?

The Usf Financing Corporation is a organization established with the primary goal of managing and investing property to benefit the University of South Florida (USF). Operating as a direct support organization for USF under Florida Statutes Section 1004.28, the Corporation's mission is to support USF's educational objectives by constructing and providing facilities for the university's use. These facilities are accessible to the public, students, faculty, and staff, enabling them to engage in USF's educational pursuits effectively. The Corporation's activities are geared towards enhancing and furthering the educational mission of the University of South Florida.


Official website here: www.usf.edu/treasurer

What is the revenue of Usf Financing Corporation?

Usf Financing Corporation's revenue in 2022 was $17,504,917.


Official website here: www.usf.edu/treasurer

Who are the executives of Usf Financing Corporation and what are their salaries?

Here are 13 key members and their salaries:

    Steven C Currall (Director, Usf President)
  • Compensation: $0
  • Related: $1,133,447
  • Other: $35,188

    • Richard J Sobieray (Director, Usf Sr. Vice President And Cfo)
  • Compensation: $0
  • Related: $511,423
  • Other: $24,957

    • David E Lechner (Former Director, Usf Sr. Vice President)
  • Compensation: $0
  • Related: $320,511
  • Other: $21,055

    • Nick J Trivunovich (Former Director, Former Usf Vp And Cfo)
  • Compensation: $0
  • Related: $302,741
  • Other: $36,498

    • Rhea F Law (Director, Usf President)
  • Compensation: $0
  • Related: $270,799
  • Other: $21,522

    • Fell L Stubbs (Executive Director)
  • Compensation: $0
  • Related: $212,481
  • Other: $30,478

    • Hilary Black (Assistant Secretary)
  • Compensation: $0
  • Related: $179,620
  • Other: $29,435

    • Dawn M Rodriguez (Assistant Secretary)
  • Compensation: $0
  • Related: $119,960
  • Other: $16,767

    • Linda O Simmons (Director/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard D Smith (Director, Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin S Aebel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose E Valiente (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven A Williamson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.usf.edu/treasurer

    Where can I find the form 990 for Usf Financing Corporation?

    The Usf Financing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.usf.edu/treasurer

    Learn more at the official website: www.usf.edu/treasurer

    Mission Statement of Usf Financing Corporation

    Usf Financing Corporation, a direct support organization of the University of South Florida, was established with the primary purpose of receiving, holding, investing, and administering property for the benefit of USF. In pursuit of this mission, the Corporation constructs and provides facilities for the University, enabling it to effectively carry out its educational purposes. By doing so, Usf Financing Corporation extends access to these facilities to various stakeholders, including members of the public, students, faculty, and staff, thereby bolstering USF's educational initiatives. The organization is an exclusive entity dedicated to supporting the University's mission, working in harmony to create an enriching learning environment and contribute to the academic growth of its community.

    Impact

    This information is meant to be a general summary of Usf Financing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Usf Financing Corporation plays a vital role in supporting the University of South Florida's educational mission by providing essential facilities to students, faculty, staff, and the public. The organization holds title to and manages significant debt related to various university facilities, including residence halls, parking garages, student centers, and athletics facilities. By managing these properties and debts on behalf of the university, Usf Financing Corporation enables USF to offer a conducive environment for learning, research, and community engagement. This support is crucial in ensuring the continued growth and success of the University of South Florida in fulfilling its educational objectives.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $64,522
  • Program Service Revenue: $17,440,395
  • Gross Receipts: $17,504,917

    • Assets and Liabilities:
  • Total Assets: $360,205,097
  • Total Liabilities: $338,378,808
  • Net Assets: $21,826,289
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    University of South Florida Lease Revenue

    Revenue

    $12,548,520

    University Medical Service Association Revenue

    Revenue

    $1,976,968

    USF Health Professions Conferencing Corporation

    Revenue

    $381,740

    USF Research Foundation

    Revenue

    $988,788

    Change in Equity Investment

    Revenue

    $1,544,379

    Organization Details

    Founding Year

    2005

    Main Address

    4202 East Fowler Avenue CSG 301, Tampa, FL, 336204301

    NTEE Category

    Code: B900 - Education

    If you are a representative of Usf Financing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.