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University Of North Florida Financing Corporation Inc

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

EIN: 421683752 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

Overview

What is University Of North Florida Financing Corporation Inc?

University of North Florida Financing Corporation Inc is a nonprofit organization based at 1 UNF DR Hicks Hall 2900, Jacksonville, Florida, 32224. Established to support the University of North Florida, it provides financing for capital projects that cannot be fully funded through state appropriations. The corporation manages and administers property and makes expenditures exclusively for the benefit of the university.


Official website here: www.unf.edu

Is University Of North Florida Financing Corporation Inc legitimate?

University Of North Florida Financing Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of North Florida Financing Corporation Inc 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.unf.edu

What is the mission statement of University Of North Florida Financing Corporation Inc?

The University of North Florida Financing Corporation exists to manage and administer property and funds, making expenditures for the sole benefit of the University of North Florida. Its primary role is to provide financing for university capital projects that cannot be fully funded through state appropriations. By doing so, it supports the overall growth and development of the university. The corporation functions as a vital partner to the institution, enabling it to expand its capabilities and improve its infrastructure. This collaboration enhances the University of North Florida's ability to provide quality education and research opportunities for its students and community.


Official website here: www.unf.edu

Who is the CEO of University Of North Florida Financing Corporation Inc?

Scott Bennett is the Chairperson of University Of North Florida Financing Corporation Inc.


Official website here: www.unf.edu

What is the revenue of University Of North Florida Financing Corporation Inc?

University Of North Florida Financing Corporation Inc's revenue in 2023 was $11,879,731.


Official website here: www.unf.edu

Who are the executives of University Of North Florida Financing Corporation Inc and what are their salaries?

Here are 8 key members and their salaries:

    Scott Bennett (Executive Director)
  • Compensation: $0
  • Related: $339,586
  • Other: $121,584

    • Moez Limayen (Secretary - Begin 8/1/22) [Trustee/Director]
  • Compensation: $0
  • Related: $295,167
  • Other: $100,856

    • Valerie Stevenson (Controller)
  • Compensation: $0
  • Related: $179,447
  • Other: $53,955

    • Jack Allen (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Mcelroy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Lamey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rad Lovett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph P Chuck Moorer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.unf.edu

    Where can I find the form 990 for University Of North Florida Financing Corporation Inc?

    The University Of North Florida Financing Corporation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.unf.edu

    Learn more at the official website: www.unf.edu

    Mission Statement of University Of North Florida Financing Corporation Inc

    University of North Florida Financing Corporation Inc, also known as UNFFC, was established with a unique mission to support the University of North Florida (UNF) by managing and administering property and making expenditures for its exclusive benefit. The corporation's primary role is to provide financing for UNF capital projects, which cannot be fully funded through state appropriations alone.

    In simple terms, UNFFC acts as a financial intermediary for UNF, enabling the university to undertake essential projects without being solely reliant on state funding. Through receiving, holding, and administering property, as well as making expenditures, UNFFC plays a vital role in enhancing the University of North Florida's infrastructure and overall development. This mission is crucial for ensuring the University maintains a high standard of education, research, and community engagement.

    By assuming financial responsibilities for UNF's capital projects, UNFFC enables the university to focus on its core academic and research objectives while ensuring the necessary resources are in place to support its growth and expansion. The corporation's mission is pivotal in bridging the gap between the university's financial needs and the resources available through state appropriations. This essential partnership allows UNF to continue its mission of providing quality education, innovative research, and community engagement for its students and the wider community.

    Impact

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




    Thursday, August 15, 2024

    University Of North Florida Financing Corporation Inc's impact lies in its crucial role of providing financing and accounting for capital projects at the University of North Florida that cannot be fully funded through state appropriations. By managing and administering property and expenditures exclusively for the benefit of the university, the corporation plays a key role in supporting the growth and development of educational facilities and resources. Through its dedicated mission to facilitate funding for UNF's initiatives, the corporation directly contributes to enhancing the educational experience and opportunities available to students, faculty, and the larger community.





    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: $1,655
  • Program Service Revenue: $11,878,076
  • Gross Receipts: $11,879,731

    • Assets and Liabilities:
  • Total Assets: $174,264,032
  • Total Liabilities: $199,454,522
  • Net Assets: -$25,190,490
  • Programs

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

    LEASE PROGRAM SERVICE REVENUE

    Revenue

    $11,833,076

    ADMINISTRATIVE FEES

    Revenue

    $45,000

    Organization Details

    Founding Year

    2005

    Principal Officer

    Scott Bennett

    Main Address

    1 UNF DR HICKS HALL 2900, JACKSONVILLE, FL, 322247699

    NTEE Category

    Code: B114 - Education

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