Civic Intelligence

2033 Fund

990 • Fiscal year 2023 • EIN 82-3699790

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

2500 Bee Cave Road Bldg 2 Suite 15Austin, TX 78746

(512) 381-3001

Siviq Scores

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

Liabilities / Assets

91st percentile

0.99x

Higher debt load relative to assets than 91% of similar nonprofits.

2023 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2023

Liabilities / Revenue

100th percentile

283.08x

Higher debt load relative to revenue than 100% of similar nonprofits.

2023 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2023

Net Margin

99th percentile

98%

Higher net margin than 99% of similar nonprofits.

2023 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2023

Top Officer Pay

45th percentile

$721,512

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 78.2% of source-year revenue.

2023 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2023

Asset Growth

91st percentile

25%

Faster asset growth than 91% of similar nonprofits.

2023 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

35%

Faster revenue growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Assets

Up

$263,049,432

Up $52,717,524 (+25%) from 2022

Net Assets

Up

$1,934,773

Up $902,091 (+87%) from 2022

Liabilities

Up

$261,114,659

Up $51,815,433 (+25%) from 2022

Revenue

Up

$922,413

Up $240,347 (+35%) from 2022

Expenses

Up

$20,322

Up $2,967 (+17%) from 2022

Net Income

Up

$902,091

Up $237,380 (+36%) from 2022

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2018: $1,444,400Liabilities 2018: $1,376,571Net Assets 2018: $67,8292018Assets 2019: $10,990,114Liabilities 2019: $10,639,415Net Assets 2019: $350,6992019Assets 2020: $49,312,511Liabilities 2020: $48,977,680Net Assets 2020: $334,8312020Assets 2021: $108,477,674Liabilities 2021: $108,109,703Net Assets 2021: $367,9712021Assets 2022: $210,331,908Liabilities 2022: $209,299,226Net Assets 2022: $1,032,6822022Assets 2023: $263,049,432Liabilities 2023: $261,114,659Net Assets 2023: $1,934,7732023Assets 2024: $189,987,401Liabilities 2024: $187,219,604Net Assets 2024: $2,767,7972024

Highlighted filing

2023

Assets$263,049,432
Liabilities$261,114,659
Net Assets$1,934,773

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2018: $67,829Expenses 2018: $0Net Income 2018: $67,8292018Revenue 2019: $352,019Expenses 2019: $24,170Net Income 2019: $327,8492019Revenue 2020: $0Expenses 2020: $15,867Net Income 2020: -$15,8672020Revenue 2021: $50,000Expenses 2021: $16,860Net Income 2021: $33,1402021Revenue 2022: $682,066Expenses 2022: $17,355Net Income 2022: $664,7112022Revenue 2023: $922,413Expenses 2023: $20,322Net Income 2023: $902,0912023Revenue 2024: $9,993,865Expenses 2024: $9,160,841Net Income 2024: $833,0242024

Highlighted filing

2023

Revenue$922,413
Expenses$20,322
Net Income$902,091
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$9,598,616
Mission and Program Overview

Mission

To support ut austin by providing: strategic advice to the president, including but not limited to expertise in the acquisition, development, and dispositions of real property; real estate market data and trend information; relationships with financial institutions, developers, construction companies and other real estate professionals.

To Support The University of Texas at Austin.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$136,049,157$188,072,549▲ $52,023,392
Prepaid Expenses and Deferred Charges$3,115,396$6,198,821▲ $3,083,425
Cash and Non-Interest-Bearing Accounts$880,668$440,413▼ $440,255
Accounts Receivable$29,111$29,111→ $0
Total Assets$210,331,908$263,049,432▲ $52,717,524
Other Assets Total$70,257,576$68,308,538▼ $1,949,038
Liabilities
Deferred Revenue$111,778,771$108,447,290▼ $3,331,481
Other Liabilities$73,412,898$74,587,302▲ $1,174,404
Mortgage Notes Payable Secured by Investment Property$22,387,329$72,529,547▲ $50,142,218
Accounts Payable and Accrued Expenses$1,341,842$5,433,520▲ $4,091,678
Unsecured Notes Loans Payable$378,386$117,000▼ $261,386
Total Liabilities$209,299,226$261,114,659▲ $51,815,433
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,032,682$1,934,773▲ $902,091
Total Net Assets Fund Balance$1,032,682$1,934,773▲ $902,091
Total Liabilities and Net Assets / Fund Balance$210,331,908$263,049,432▲ $52,717,524

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$109,082,478$4,873,814$113,956,292
Other Land Buildings$78,473,525-$78,473,525
Equipment$516,546-$516,546
Other Assets Org$68,308,538--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sanford L GottesmanPresident
Jeremy SmithealVice President
David SlesnickDirector (as of Sept. 2023)
James DavisDirector (as of Sept. 2023)
Nancy OakleySecretary/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
CBRE IncCommercial Real Estate2121 North Pearl Street Suite 300, Dallas, TX 75201$1,559,377
GenslerArchitecture Services1011 South Congress Ave Suite 200, Austin, TX 78704$619,774
Brailsford & Dunlavey IncAdvisory Services701 Brazos Street Suite 780, Austin, TX 78701$590,112
Layton B Wilson CompanyReal Estate Services1303 San Antonio St, Austin, TX 78701$395,663
Winstead PCLaw Services600 W 5th Street Suite 900, Austin, TX 78701$153,590
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$3,131
Other Revenue
$919,282
Change in Net Assets
$902,091

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,631,517
Revenue Not Reported on Financial Statements
$-7,709,104
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-7,709,104
Total Revenue per Audited Statements
$8,631,517
Total Revenue per Form 990
$922,413
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$20,322
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance-$19,982-$19,982
Other Expenses$340--$340
Total Functional Expenses$340$19,982$0$20,322

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,729,426
Expenses Not Reported on Form 990$7,709,104
Expenses per Audited Statements$20,322
Total Expenses per Form 990$20,322
Expenses Not Reported on Financial Statements$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
Operating Lease Obligations$74,587,302
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Sanford gottesman and jerry smitheal are business partners.

Form 990, Part VI, Section A, line 4

THE ORGANIZATION AMENDED ITS BYLAWS AND CERTIFICATE OF FORMATION DURING 2023. THE BYLAWS AND CERTIFICATE OF FORMATION WERE UPDATED TO REFLECT THAT THE ORGANIZATION IS NOW A TYPE I SUPPORTING ORGANIZATION OF THE UNIVERSITY OF TEXAS AT AUSTIN (THE "UNIVERSITY"). THE BYLAWS ALSO INCREASED THE OF NUMBER OF BOARD OF DIRECTORS FROM THREE TO FIVE INDIVDIUALS. AS AMENDED, All BOARD MEMBERS SHALL BE APPOINTED BY THE UNIVERSITY PRESIDENT.

Form 990, Part VI, Section A, line 7A

All members of the board of directors will be appointed by the president of the university of texas at austin

Form 990, Part VI, Section A, line 8B

There are no committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, line 11B

The board will review the form 990 before filing.

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

Each director, prinicipal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: (a) has received a copy of the conflict of interest policy, (b) has read and understands the policy, (c) has agreed to comply with the policy, and (d) understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section B, line 15

Compensation is paid by university of texas at austin, a related organization, which conducts its own process for determining compensation for services rendered to the university of texas at austin.

Form 990, Part VI, Section C, line 19

The organization makes certain documents available upon request.

Filing and Contact Details

Filer

Filer Name
The 2033 Higher Education Development
EIN
82-3699790
Phone
5123813001
Address
2500 Bee Cave Road Bldg 2 Suite 15, Austin, TX 78746

Signing Officer

Name
Ross Wilson
Title
Executive Director
Phone
5123813001
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ross Wilson
Formed
2017
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Crowe LLP
Address
5810 Tennyson Parkway Suite 450, Plano, TX 75024
Preparer
Andrew Gray
Phone
2147775200
Supplemental Narrative

Financial Statement Notes

Part XI, Line 4B - Other Adjustments:

Rental expenses -7,709,104.

Part XII, Line 2D - Other Adjustments:

Rental expenses 7,709,104.

Raw XML AppendixShowing 400 of 510 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0SUPPORT UT AUSTIN THROUGH PARTICIPATING IN CERTAIN TRANSACTIONS, INCLUDING SECURING A LONG TERM GROUND LEASE AND DEVELOPMENT OF PROPERTY ADJACENT TO THE UT AUSTIN DELL MEDICAL SCHOOL TO ENABLE THE EXPANSION OF THE MEDICAL SCHOOL.
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IRS990/PYTotalExpensesAmt017355
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0682066
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0902091
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0759282
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0919282
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION HAS RECEIVED A WRITTEN DETERMINATION OF TYPE III FUNCTIONALLY INTEGRATED STATUS AND HAS FORMALLY SOUGHT RECLASSIFICATION AS A TYPE I, BUT HAS NOT YET RECEIVED A RESPONSE FROM THE IRS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE SUPPORTED ORGANIZATION, THE UNIVERSITY OF TEXAS AT AUSTIN, DOES NOT HAVE AN IRS DETERMINATION UNDER 509(a)(1) or 509(a)(2) BECAUSE, AS A STATE UNIVERSITY, IT IS NOT REQUIRED TO OBTAIN RECOGNITION OF ITS PUBLIC CHARITY STATUS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART I, LINE 12e
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 2
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt04754319
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0746000203
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt04754319
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0The University of Texas At Austin
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0109082478
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04873814
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0113956292
IRS990ScheduleD/EquipmentGrp/BookValueAmt0516546
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0516546
IRS990ScheduleD/ExpensesNotReportedAmt07709104
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt020322
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt068308538
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Operating lease right-of-use assets
IRS990ScheduleD/OtherExpensesIncludedAmt07709104
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt078473525
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt078473525
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt074587302
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Operating Lease Obligations
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-7709104
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-7709104
IRS990ScheduleD/RevenueSubtotalAmt08631517
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RENTAL EXPENSES -7,709,104.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES 7,709,104.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0188072549
IRS990ScheduleD/TotalBookValueOtherAssetsAmt068308538
IRS990ScheduleD/TotalExpensesPerForm990Amt020322
IRS990ScheduleD/TotalLiabilityAmt074587302
IRS990ScheduleD/TotalRevenuePerForm990Amt0922413
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08631517
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07729426
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0699059
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1491778
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2178785
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt142217
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt022453
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt116176
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt28260
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0James Davis
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1David Slesnick
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Nancy Oakley
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Director (as of Sept. 2023)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Director (as of Sept. 2023)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Secretary/Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0721512
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1550171
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2187045
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SANFORD GOTTESMAN AND JERRY SMITHEAL ARE BUSINESS PARTNERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION AMENDED ITS BYLAWS AND CERTIFICATE OF FORMATION DURING 2023. THE BYLAWS AND CERTIFICATE OF FORMATION WERE UPDATED TO REFLECT THAT THE ORGANIZATION IS NOW A TYPE I SUPPORTING ORGANIZATION OF THE UNIVERSITY OF TEXAS AT AUSTIN (THE "UNIVERSITY"). THE BYLAWS ALSO INCREASED THE OF NUMBER OF BOARD OF DIRECTORS FROM THREE TO FIVE INDIVDIUALS. AS AMENDED, All BOARD MEMBERS SHALL BE APPOINTED BY THE UNIVERSITY PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS OF THE BOARD OF DIRECTORS WILL BE APPOINTED BY THE PRESIDENT OF THE UNIVERSITY OF TEXAS AT AUSTIN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD WILL REVIEW THE FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH DIRECTOR, PRINICIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) HAS AGREED TO COMPLY WITH THE POLICY, AND (D) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION IS PAID BY UNIVERSITY OF TEXAS AT AUSTIN, A RELATED ORGANIZATION, WHICH CONDUCTS ITS OWN PROCESS FOR DETERMINING COMPENSATION FOR SERVICES RENDERED TO THE UNIVERSITY OF TEXAS AT AUSTIN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES CERTAIN DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0The 2033 Higher Education Development Foundation
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt02033 Student Housing LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt076803191
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0STUDENT HOUSING DEVELOPMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt00

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