nonprofit logo

Florida Southwestern State College Financing Corporation

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

EIN: 261591757 ✦ Fort myers, FL ✦ Designated as a 501(c)(3)

Overview

What is Florida Southwestern State College Financing Corporation?

The Florida Southwestern State College Financing Corporation is a nonprofit organization based in Fort Myers, Florida, with a mission to provide student housing and finance capital projects for the college. They manage and invest funds, and their activities extend to receiving, holding, and administering real estate property. The corporation aims to enhance the capabilities of Florida Southwestern State College by making expenditures for its exclusive benefit, focusing on student housing, parking facilities, and other improvements. They employ a team of three individuals to execute their objectives.


Is Florida Southwestern State College Financing Corporation legitimate?

Florida Southwestern State College Financing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Southwestern State College 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


What is the mission statement of Florida Southwestern State College Financing Corporation?
Who is the CEO of Florida Southwestern State College Financing Corporation?
What is the revenue of Florida Southwestern State College Financing Corporation?
Who are the executives of Florida Southwestern State College Financing Corporation and what are their salaries?
Where can I find the form 990 for Florida Southwestern State College Financing Corporation?

Mission Statement of Florida Southwestern State College Financing Corporation

Florida Southwestern State College Financing Corporation, or FSSCFC, is a vital organization with a mission to receive, hold, invest, and administer real estate property, primarily for the purpose of providing student housing. Established to exclusively benefit Florida Southwestern State College, this corporation's role extends beyond housing, as it also finances capital projects to meet the college's current and future needs, such as parking facilities and other improvements.

FSSCFC plays a crucial role in ensuring that students of Florida Southwestern State College have access to adequate housing opportunities. By managing and investing funds held by it, the corporation contributes to the development of student housing and other essential facilities on campus. Moreover, it engages in any other proper activity that aligns with Florida Southwestern State College's goals.

The corporation's primary focus is on providing housing for students, but it also takes on additional responsibilities to support the college's infrastructure. Its mission encompasses financing capital projects, such as student housing, parking facilities, and other improvements, to cater to the evolving requirements of Florida Southwestern State College. Through its dedicated efforts, FSSCFC significantly contributes to the overall growth and development of the college.

Impact

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




Thursday, August 15, 2024

Florida Southwestern State College Financing Corporation's impact lies in its ability to provide essential housing opportunities for students of the college. By financing capital projects for student housing, parking facilities, and other improvements, the corporation plays a crucial role in supporting the infrastructure and environment necessary for students to succeed in their academic pursuits. Additionally, by managing and investing funds for the exclusive benefit of Florida Southwestern State College, the corporation helps ensure the institution's financial stability and growth. Overall, the corporation's activities directly contribute to enhancing the college experience for students and facilitating the educational mission of Florida Southwestern State College.





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 2023.

  • Investment Income: $95,257
  • Program Service Revenue: $2,832,395
  • Gross Receipts: $17,546,093

    • Assets and Liabilities:
  • Total Assets: $36,593,436
  • Total Liabilities: $19,269,886
  • Net Assets: $17,323,550
  • Programs

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

    STUDENT HOUSING RENTAL INCOME

    Revenue

    $2,677,016

    SERVICE FEES

    Revenue

    $155,379

    Organization Details

    Founding Year

    2007

    Principal Officer

    Jeff Allbritten

    Main Address

    8099 COLLEGE PARKWAY, FORT MYERS, FL, 33919

    NTEE Category

    Code: B11 - Education

    If you are a representative of Florida Southwestern State College 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.