Arizona Capital Facilities Finance Corporation & Controlled Affiliates

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

EIN: 861002202 ✦ Tempe, AZ ✦ Designated as a 501(c)(4)

Overview

What is Arizona Capital Facilities Finance Corporation & Controlled Affiliates?

The Arizona Capital Facilities Finance Corporation & Controlled Affiliates is a nonprofit organization based in Tempe, Arizona, with a PO Box address (85280). Their primary mission involves bringing about civic betterments and social improvements by assisting public institutions of higher education in Maricopa County, Arizona, in financing and operating student housing and other capital facilities. This assistance aims to help these institutions effectively meet their educational needs.


Is Arizona Capital Facilities Finance Corporation & Controlled Affiliates legitimate?

Arizona Capital Facilities Finance Corporation & Controlled Affiliates is a legitimate nonprofit organization registered as a 501(c)(4) entity. Arizona Capital Facilities Finance Corporation & Controlled Affiliates 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $49,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Arizona Capital Facilities Finance Corporation & Controlled Affiliates?
Who is the CEO of Arizona Capital Facilities Finance Corporation & Controlled Affiliates?
What is the revenue of Arizona Capital Facilities Finance Corporation & Controlled Affiliates?
Who are the executives of Arizona Capital Facilities Finance Corporation & Controlled Affiliates and what are their salaries?
Where can I find the form 990 for Arizona Capital Facilities Finance Corporation & Controlled Affiliates?

Mission Statement of Arizona Capital Facilities Finance Corporation & Controlled Affiliates

Arizona Capital Facilities Finance Corporation & Controlled Affiliates, a nonprofit organization, is dedicated to contributing to societal enhancements and civic betterment in Maricopa County, Arizona. It fulfills this mission by providing financial and operational assistance to public institutions of higher education in the region.

The organization's primary goal is to strengthen the educational infrastructure of Maricopa County by supporting its public universities and colleges. It does so by financing and managing the construction and maintenance of student housing and other essential capital facilities on behalf of these institutions. In essence, Arizona Capital Facilities Finance Corporation & Controlled Affiliates acts as a crucial partner, enabling higher education institutions to focus on their academic pursuits while the organization handles the financial and operational aspects of their capital projects.

This dedicated assistance enables the public institutions of higher education in Maricopa County to effectively allocate their resources towards their core mission of providing quality education to their students. By taking care of the financing and operational aspects of capital projects, the organization allows these institutions to maintain a strong focus on their academic objectives and deliver a high standard of education to the students they serve. Additionally, it ensures that the institutions have access to modern facilities, which in turn, contributes to an enhanced learning environment for the students.

Impact

This information is meant to be a general summary of Arizona Capital Facilities Finance Corporation & Controlled Affiliates. 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 Arizona Capital Facilities Finance Corporation & Controlled Affiliates is significant as it plays a crucial role in assisting institutions of higher education in Maricopa County, Arizona, with financing and operating student housing and other capital facilities. By providing this support, the organization helps improve the educational infrastructure and facilities available to students in the county. This, in turn, enhances the overall learning environment and contributes to the betterment of the community by ensuring that higher education institutions have the necessary resources to fulfill their mission effectively.





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: $15,962
  • Program Service Revenue: $33,773,608
  • Gross Receipts: $33,789,570

    • Assets and Liabilities:
  • Total Assets: $175,363,890
  • Total Liabilities: $222,209,960
  • Net Assets: -$46,846,070
  • Programs

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

    PROGRAM SERVICE RENTAL AND LEASE

    Revenue

    $16,518,127

    CO-GENERATION/ENERGY SERVICE INCO

    Revenue

    $12,523,005

    FIXED COST AMORTIZATION

    Revenue

    $4,098,965

    OTHER PROGRAM SERVICE REVENUE

    Revenue

    $440,946

    RENEWAL AND REPLACE INCOME

    Revenue

    $192,565

    Organization Details

    Founding Year

    2000

    Principal Officer

    Ross L Robb

    Main Address

    PO BOX 3119, TEMPE, AZ, 85280

    NTEE Category

    Code: Z99 - Unknown

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