Civic Intelligence

Ccu Student Housing Foundation

990 • Fiscal year 2014 • EIN 22-3858837

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 10, 2014

PO Box 26195429528-6054

(843) 349-2194

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.98x

Higher debt load relative to assets than 90% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

21.74x

Higher debt load relative to revenue than 98% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Top Officer Pay

3rd percentile

$56,000

Higher top officer pay than 3% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Asset Growth

16th percentile

-1.5%

Faster asset growth than 16% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Revenue Growth

7th percentile

-25%

Faster revenue growth than 7% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2012 to 2014

Assets

Down

$161,529,610

Down $2,505,164 (-1.5%) from 2013

Net Assets

Up

$2,612,882

Up $1,503,180 (+135%) from 2013

Liabilities

Down

$158,916,728

Down $4,008,344 (-2.5%) from 2013

Revenue

$7,308,921

No earlier filing loaded for comparison.

Expenses

Up

$5,874,355

Up $415,403 (+7.6%) from 2013

Net Income

$1,434,566

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0-$50MAssets 2010: $84,313,301Liabilities 2010: $92,611,097Net Assets 2010: -$8,297,7962010Assets 2011: $82,327,559Liabilities 2011: $90,865,808Net Assets 2011: -$8,538,2492011Assets 2012: $81,711,897Liabilities 2012: $88,983,355Net Assets 2012: -$7,271,4582012Assets 2013: $164,034,774Liabilities 2013: $162,925,072Net Assets 2013: $1,109,7022013Assets 2014: $161,529,610Liabilities 2014: $158,916,728Net Assets 2014: $2,612,8822014Assets 2015: $75,537,817Liabilities 2015: $53,779,544Net Assets 2015: $21,758,2732015Assets 2016: $68,935,322Liabilities 2016: $49,637,095Net Assets 2016: $19,298,2272016Assets 2017: $65,218,366Liabilities 2017: $48,387,802Net Assets 2017: $16,830,5642017Assets 2018: $8,698,468Liabilities 2018: $1,972,977Net Assets 2018: $6,725,4912018Assets 2019: $8,222,357Liabilities 2019: $1,491,288Net Assets 2019: $6,731,0692019Assets 2020: $7,699,357Liabilities 2020: $1,003,550Net Assets 2020: $6,695,8072020Assets 2021: $6,921,698Liabilities 2021: $500,081Net Assets 2021: $6,421,6172021Assets 2022: $6,204,499Liabilities 2022: $17,349Net Assets 2022: $6,187,1502022Assets 2023: $6,291,896Liabilities 2023: $3,683,301Net Assets 2023: $2,608,5952023Assets 2024: $6,471,605Liabilities 2024: $3,660,989Net Assets 2024: $2,810,6162024Assets 2025: $2,132,550Liabilities 2025: $131,532Net Assets 2025: $2,001,0182025

Highlighted filing

2014

Assets$161,529,610
Liabilities$158,916,728
Net Assets$2,612,882

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $8,903,5312010Expenses 2011: $12,108,5412011Revenue 2012: $12,918,777Expenses 2012: $11,610,206Net Income 2012: $1,308,5712012Expenses 2013: $5,458,9522013Revenue 2014: $7,308,921Expenses 2014: $5,874,355Net Income 2014: $1,434,5662014Revenue 2015: $28,583,782Expenses 2015: $9,455,593Net Income 2015: $19,128,1892015Revenue 2016: $952,439Expenses 2016: $3,425,624Net Income 2016: -$2,473,1852016Revenue 2017: $915,846Expenses 2017: $3,372,490Net Income 2017: -$2,456,6442017Revenue 2018: $95,494Expenses 2018: $2,598,853Net Income 2018: -$2,503,3592018Revenue 2019: $156,776Expenses 2019: $160,062Net Income 2019: -$3,2862019Revenue 2020: $124,790Expenses 2020: $159,092Net Income 2020: -$34,3022020Revenue 2021: $37,349Expenses 2021: $284,943Net Income 2021: -$247,5942021Revenue 2022: $14,440Expenses 2022: $211,999Net Income 2022: -$197,5592022Revenue 2023: $147,082Expenses 2023: $3,782,295Net Income 2023: -$3,635,2132023Revenue 2024: $326,037Expenses 2024: $100,629Net Income 2024: $225,4082024Revenue 2025: -$726,262Expenses 2025: $83,336Net Income 2025: -$809,5982025

Highlighted filing

2014

Revenue$7,308,921
Expenses$5,874,355
Net Income$1,434,566
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 10, 2014
Return Version
2013v3.0
Gross Receipts
$7,409,865
Mission and Program Overview

Mission

The foundation's mission is to operate exclusively for the benefit of coastal carolina university to lease, operate, manage, and contract for the construction of student housing facilities and to support various university endeavors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,658,390$13,925,533▲ $1,267,143
Savings and Temporary Cash Investments$1,921,481$1,674,271▼ $247,210
Prepaid Expenses and Deferred Charges$1,505,774$1,444,478▼ $61,296
Cash and Non-Interest-Bearing Accounts$1,177,148$1,081,263▼ $95,885
Accounts Receivable$7,809$0▼ $7,809
Total Assets$164,034,774$161,529,610▼ $2,505,164
Other Assets Total$146,764,172$143,404,065▼ $3,360,107
Liabilities
Tax Exempt Bond Liabilities$83,800,701$82,501,293▼ $1,299,408
Other Liabilities$77,890,812$75,204,922▼ $2,685,890
Accounts Payable and Accrued Expenses$1,233,559$1,210,513▼ $23,046
Total Liabilities$162,925,072$158,916,728▼ $4,008,344
Net Assets / Fund Balance
Unrestricted Net Assets$1,109,702$2,612,882▲ $1,503,180
Total Net Assets Fund Balance$1,109,702$2,612,882▲ $1,503,180
Total Liabilities and Net Assets / Fund Balance$164,034,774$161,529,610▼ $2,505,164

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$143,386,617--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David a DecenzoEx-officio Member - Nonvoting-$56,000$56,000
Nancy Z JarrettExecutive DirectorPT$37,100$37,100
Lynn G StevensChair-$600$600

Board Members and Trustees

NameTitle
Daniel MacdonaldVice Chair
Bonar B Anderson IiiBoard Member
Carlos C JohnsonBoard Member
D Wyatt HendersonBoard Member
J Michael FrazierBoard Member
Jack L SpringsBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,231,653
Investment Income
$4,073,881
Other Revenue
$3,387
Change in Net Assets
$1,434,566

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,308,921
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$68,614
Total Revenue per Audited Statements
$7,377,535
Total Revenue per Form 990
$7,308,921
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,761,277
Salaries, Compensation, and Employee Benefits$113,078
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$4,844,235--$4,844,235
Occupancy$791,149--$791,149
Current Officers, Directors, Trustees, and Key Employees$70,096$26,180-$96,276
Depreciation Depletion$61,296--$61,296
Fees for Services Accounting-$27,751-$27,751
Fees for Service Investment Mgmnt Fees-$19,278-$19,278
Insurance-$15,154-$15,154
Other Salaries and Wages-$14,014-$14,014
Payroll Taxes-$2,788-$2,788
Fees for Services Legal-$1,333-$1,333
Office Expenses-$769-$769
Other Expenses-$100-$100
Conferences and Meetings-$67-$67
Fees for Services Other-$10-$10
Total Functional Expenses$5,766,776$107,579$0$5,874,355

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,874,355
Total Expenses per Audited Statements$5,874,355
Total Expenses per Form 990$5,874,355
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Receivable - Deferred Gain$75,204,922

Bond Issues

BondIssuerIssuedIssue PricePurpose
B57-09600182009-12-30$50,966,530STUDENT HOUSING
A57-09600182005-10-19$37,539,483REPLACEMENT BONDS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$50,966,530-$546,530$1,019,330
A$37,539,483-$4,619,483$1,138,671

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Prior to filing, a draft copy of the form 990 is delivered to each board member. Each board member responds in writing that they have received the form 990; and, whether they have questions or specific items that need discussion or explanation. If necessary, unresolved questions are presented to university personnel, the auditor, or other outside counsel for resolution.

Form 990, Part VI, Section B, Line 12C

A conflict of interest statement is completed annually by each board member and officer. These forms are reviewed by management with consultation from other outside counsel if necessary.

Form 990, Part VI, Section B, Line 15A

The board reviews the compensation of executive directors and key employees annually.

Form 990, Part VI, Section C, Line 19

The required documents along with the annual report are available at the foundation office and provided to those requesting in person or by other means.

Filing and Contact Details

Filer

EIN
22-3858837
Phone
8433492194

Signing Officer

Name
Nancy Jarrett
Title
Executive Director
Phone
8433492194
Signed
2014-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Jarrett
Formed
2002
Legal Domicile
Sc
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
7

Preparer

Preparer
Denise P Hill CPA
Phone
8032560002
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C, Responsibility for Oversight of Audit

The board of directors oversees the audit process.

Financial Statement Notes

PART X, LINE 2:

The foundation is not aware of any material uncertain tax positions at june 30, 2014. The foundation is no longer subject to examination by the internal revenue service or any state jurisdiction for years prior to 2010.

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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03387
IRS990/OtherRevenueTotalAmt03387
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014014
IRS990/OtherSalariesAndWagesGrp/TotalAmt014014
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02788
IRS990/PayrollTaxesGrp/TotalAmt02788
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01505774
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01444478
IRS990/PrincipalOfficerNm0NANCY JARRETT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0SUBLEASE INCOME FOR HOUSING
IRS990/ProgramServiceRevenueGrp/Desc1LEASE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02685890
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1545763
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02685890
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1545763
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0256000
IRS990/PYInvestmentIncomeAmt04467327
IRS990/PYOtherExpensesAmt05148194
IRS990/PYOtherRevenueAmt01988
IRS990/PYProgramServiceRevenueAmt09422335
IRS990/PYRevenuesLessExpensesAmt08432698
IRS990/PYSalariesCompEmpBnftPaidAmt054758
IRS990/PYTotalExpensesAmt05458952
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013891650
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01434566
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03231653
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01921481
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01674271
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd00
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0570977955
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc06
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt05766776
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10COASTAL CAROLINA UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd01
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt05766776
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05874355
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt068614
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07648
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt19800
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2143386617
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PREPAID INSURANCE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2CAPITAL LEASE RECEIVABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt075204922
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE RECEIVABLE - DEFERRED GAIN
IRS990ScheduleD/RevenueNotReportedAmt068614
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07308921
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS AT JUNE 30, 2014. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE OR ANY STATE JURISDICTION FOR YEARS PRIOR TO 2010.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0143404065
IRS990ScheduleD/TotalExpensesPerForm990Amt05874355
IRS990ScheduleD/TotalLiabilityAmt075204922
IRS990ScheduleD/TotalRevenuePerForm990Amt07308921
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07377535
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05874355
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd10
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0ISSUER NAME: SC JOBS ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/13/2013 ISSUER NAME: SC JOBS ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 01/20/2014
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0DATE REBATE COMPUTATION PERFORMED
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02005-10-19
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12009-12-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0570960018
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1570960018
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum083704LBT4
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum183704LCT3
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt037539483
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt150966530
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine10SC JOBS ECONOMIC DEVELOPMENT AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine11SC JOBS ECONOMIC DEVELOPMENT AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0REPLACEMENT BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1STUDENT HOUSING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd11
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt033878812
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt144753200
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd11
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt02522000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt15194000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt01138671
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt11019330
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt04619483
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt1546530
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02005
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr12010
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt037539483
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt150966530
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR TO FILING, A DRAFT COPY OF THE FORM 990 IS DELIVERED TO EACH BOARD MEMBER. EACH BOARD MEMBER RESPONDS IN WRITING THAT THEY HAVE RECEIVED THE FORM 990; AND, WHETHER THEY HAVE QUESTIONS OR SPECIFIC ITEMS THAT NEED DISCUSSION OR EXPLANATION. IF NECESSARY, UNRESOLVED QUESTIONS ARE PRESENTED TO UNIVERSITY PERSONNEL, THE AUDITOR, OR OTHER OUTSIDE COUNSEL FOR RESOLUTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A CONFLICT OF INTEREST STATEMENT IS COMPLETED ANNUALLY BY EACH BOARD MEMBER AND OFFICER. THESE FORMS ARE REVIEWED BY MANAGEMENT WITH CONSULTATION FROM OTHER OUTSIDE COUNSEL IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS THE COMPENSATION OF EXECUTIVE DIRECTORS AND KEY EMPLOYEES ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE REQUIRED DOCUMENTS ALONG WITH THE ANNUAL REPORT ARE AVAILABLE AT THE FOUNDATION OFFICE AND PROVIDED TO THOSE REQUESTING IN PERSON OR BY OTHER MEANS.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.13$0.13$2.00$0.73$0.08$0.81
2024Detailed filing. Detailed filing data is available for this year.$6.47$3.66$2.81$0.33$0.10$0.23
2023Detailed filing. Detailed filing data is available for this year.$6.29$3.68$2.61$0.15$3.78$3.64
2022Detailed filing. Detailed filing data is available for this year.$6.20$0.02$6.19$0.01$0.21$0.20
2021Detailed filing. Detailed filing data is available for this year.$6.92$0.50$6.42$0.04$0.28$0.25
2020Detailed filing. Detailed filing data is available for this year.$7.70$1.00$6.70$0.12$0.16$0.03
2019Detailed filing. Detailed filing data is available for this year.$8.22$1.49$6.73$0.16$0.16$0.00
2018Detailed filing. Detailed filing data is available for this year.$8.70$1.97$6.73$0.10$2.60$2.50
2017Detailed filing. Detailed filing data is available for this year.$65.2$48.4$16.8$0.92$3.37$2.46
2016Detailed filing. Detailed filing data is available for this year.$68.9$49.6$19.3$0.95$3.43$2.47
2015Detailed filing. Detailed filing data is available for this year.$75.5$53.8$21.8$28.6$9.46$19.1
2014Detailed filing. Detailed filing data is available for this year.$162$159$2.61$7.31$5.87$1.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$164$163$1.11$5.46
2012Summary only. Only limited summary data is available for this year.$81.7$89.0$7.27$12.9$11.6$1.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$82.3$90.9$8.54$12.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.3$92.6$8.30$8.90