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University Facilities Inc

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

EIN: 721417328 ✦ Hammond, LA ✦ Designated as a 501(c)(3)

Overview

What is University Facilities Inc?

University Facilities Inc is a nonprofit organization established to support Southeastern Louisiana University (SLU) by acquiring, constructing, developing, managing, and leasing student housing and other facilities on SLU's campus in Hammond, LA. This activity began in 1998 with the issuance of tax-exempt bonds and was primarily conducted by officials who were also employees of the university. The corporation's mission is to promote, assist, and benefit SLU's mission by providing student housing and other essential facilities.


Is University Facilities Inc legitimate?

University Facilities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Facilities 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: $1,336,535

For more financial information, click here


What is the mission statement of University Facilities Inc?
Who is the CEO of University Facilities Inc?
What is the revenue of University Facilities Inc?
Who are the executives of University Facilities Inc and what are their salaries?
Where can I find the form 990 for University Facilities Inc?

Mission Statement of University Facilities Inc

University Facilities Inc, a nonprofit organization, was established to support and advance the mission of Southeastern Louisiana University (SLU) by acquiring, constructing, developing, managing, and leasing student housing and other facilities on the SLU campus. This endeavor commenced in 1998, following the issuance of tax-exempt bonds. The organization's activities primarily took place on the main campus of SLU in Hammond, Louisiana, and were largely carried out by officials who were also employees of the university. By engaging in these activities, University Facilities Inc aimed to contribute significantly to the growth and development of Southeastern Louisiana University. The organization's endeavors focused on enhancing the student living experience and providing essential facilities that would ultimately benefit the academic community. Through its commitment to SLU, University Facilities Inc played an integral role in fostering a vibrant and thriving campus environment.

Impact

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




Thursday, August 15, 2024

University Facilities Inc's impact is significant as it plays a crucial role in supporting the mission of Southeastern Louisiana University (SLU) by providing essential student housing programs. Since its inception in 1998, University Facilities has been instrumental in acquiring, constructing, developing, managing, and leasing student housing and other facilities on SLU's campus in Hammond, LA. By fulfilling this vital need for student housing, University Facilities directly contributes to enhancing the overall student experience at SLU and supports the academic success and personal growth of its students.





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: $908,531
  • Program Service Revenue: $18,005,156
  • Gross Receipts: $18,913,687

    • Assets and Liabilities:
  • Total Assets: $133,281,392
  • Total Liabilities: $91,425,815
  • Net Assets: $41,855,577
  • Programs

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

    RENTAL INCOME

    Revenue

    $15,412,710

    RENTAL:STUDENT UNION + BASE RENTS

    Revenue

    $1,532,294

    RENTAL:INTERMODAL/STADIUM RENTAL

    Revenue

    $424,418

    WORKSHOPS/SUMMER CAMPS

    Revenue

    $272,110

    LEASE PROCESSING & ADMIN FEE

    Revenue

    $175,550

    Organization Details

    Founding Year

    1997

    Principal Officer

    John Paul Domiano

    Main Address

    548 NED MCGEHEE DRDYSON HALL 153, HAMMOND, LA, 70402

    NTEE Category

    Code: L400 - Housing

    If you are a representative of University Facilities Inc 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.