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Fiu Athletics Finance Corporation

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

EIN: 208802270 ✦ Miami, FL ✦ Designated as a 501(c)(3)

Overview

What is Fiu Athletics Finance Corporation?

Fiu Athletics Finance Corporation is a Florida-based, nonprofit organization, serving as a direct support unit of Florida International University (FIU). Established with the mission to facilitate financing for projects associated with the FIU Football Stadium, its scope expanded to manage and operate the facility as well. This organization was designated as a university direct support organization by the FIU Board of Trustees, in accordance with Florida Statutes. Operating from Miami, Florida, the corporation plays a crucial role in enhancing FIU's athletics infrastructure and operations, contributing to the overall university experience.


Official website here: www.none

Is Fiu Athletics Finance Corporation legitimate?

Fiu Athletics Finance Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fiu Athletics Finance 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.none

What is the mission statement of Fiu Athletics Finance Corporation?

The FIU Athletics Finance Corporation was established with the primary purpose of facilitating financial projects related to the FIU Football Stadium. Initially, its role was to finance the construction of the stadium. Over time, its responsibilities expanded to managing and operating the stadium facilities. As designated by the FIU Board of Trustees as a university direct support organization under Florida Statutes Section 1004.28, the corporation provides direct support in matters related to the stadium's financing and operations.


Official website here: www.none

Who is the CEO of Fiu Athletics Finance Corporation?

Rogelio Tovar is the Director of Fiu Athletics Finance Corporation.


Official website here: www.none

What is the revenue of Fiu Athletics Finance Corporation?

Fiu Athletics Finance Corporation's revenue in 2022 was $5,512,012.


Official website here: www.none

Who are the executives of Fiu Athletics Finance Corporation and what are their salaries?

Here are 8 key members and their salaries:

    Pedro Garcia Until 11102021 (Athletic Director)
  • Compensation: $0
  • Related: $683,809
  • Other: $40,342

    • Benjamin Jarrell (Director)
  • Compensation: $0
  • Related: $150,744
  • Other: $33,041

    • Heath Glick (Director)
  • Compensation: $0
  • Related: $153,697
  • Other: $22,077

    • Adrianne Perdomo (Controller)
  • Compensation: $0
  • Related: $117,960
  • Other: $21,048

    • Sandra Duran (Assistant Secretary)
  • Compensation: $0
  • Related: $105,853
  • Other: $29,041

    • Al Lorenzo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rogelio Tovar (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.none

    Where can I find the form 990 for Fiu Athletics Finance Corporation?

    The Fiu Athletics Finance Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.none

    Learn more at the official website: www.none

    Mission Statement of Fiu Athletics Finance Corporation

    The Florida International University (FIU) Athletics Finance Corporation was established with a primary objective to facilitate the financing of projects related to the FIU Football Stadium. In its initial role, the corporation directly supports the financial aspects of the construction of the stadium. Beyond this, the organization assumes the responsibility for managing and operating the facility. The FIU Board of Trustees has designated the FIU Athletics Finance Corporation as a University Direct Support Organization under Section 1004.28 Florida Statutes, signifying its significant role in supporting the university's athletic endeavors.

    Impact

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




    Thursday, August 15, 2024

    The impact of the FIU Athletics Finance Corporation lies in its role in facilitating the financing of projects related to the FIU football stadium and managing the operations of the facilities. As a direct support organization and a component unit of Florida International University, the corporation plays a crucial part in ensuring the continued development and sustainability of the athletic infrastructure at FIU. By providing financial support and operational management, the corporation contributes to the success and growth of FIU's athletic programs and facilities, ultimately enhancing the overall student and fan experience.





    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: $4,223
  • Program Service Revenue: $1,461,757
  • Gross Receipts: $5,512,012

    • Assets and Liabilities:
  • Total Assets: $20,960,698
  • Total Liabilities: $24,957,362
  • Net Assets: -$3,996,664
  • Programs

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

    EVENT REVENUE

    Revenue

    $507,398

    SKY SUITE SALES

    Revenue

    $428,640

    SPONSORSHIP REVENUE

    Revenue

    $296,536

    TICKET SALES

    Revenue

    $229,183

    Organization Details

    Founding Year

    2006

    Principal Officer

    Rogelio Tovar

    Main Address

    11200 SW 8TH ST MARC 531, MIAMI, FL, 331992516

    Website

    www.none

    NTEE Category

    Code: B11 - Education

    If you are a representative of Fiu Athletics Finance 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.