University Of Iowa Facilities Corporation
- Assets
- $1.1m
- Revenue
- -$21.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Iowa City, IA
- Founding
- 02/1968
- Data as of
- 06/2021
- EIN
- 42-0931777
Organization Overview
University Of Iowa Facilities Corporation is located in Iowa City, IA. The organization was established in 1968. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Iowa Facilities Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE UNIVERSITY OF IOWA FACILITIES CORPORATION ACQUIRES AND HOLDS PROPERTY FOR THE BENEFIT AND USE OF THE UNIVERSITY OF IOWA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AQUIRE AND HOLD PROPERTY FOR THE BENEFIT AND USE OF THE UNIVERSITY OF IOWA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janice R Ellig Chair/director | OfficerTrustee | 1 | $0 |
Kathleen A Dore Vice Chair/director | OfficerTrustee | 1 | $0 |
Lynette L Marshall President | Officer | 1 | $0 |
Diane K Brownlee Secretary | Officer | 1 | $0 |
Tiffani K Shaw Vp/asst Secretary | Officer | 1 | $0 |
Sherri P Furman Cfo/treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $539 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$21,722 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$21,183 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $12,369 |
| Fees for services: Legal | $5,741 |
| Fees for services: Accounting | $2,912 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $21,022 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $285,790 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,138,832 |
| Accounts payable and accrued expenses | $2,986 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,986 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,135,846 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that University Of Iowa Facilities Corporation has recieved totaling $29,828.
| Awarding Organization | Amount |
|---|---|
Kaiser Foundation Health Plan Of Washington Oakland, CA PURPOSE: Research Subrecipient | $29,828 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Illinois University Foundation Macomb, IL | $79,070,194 | $7,417,920 |
Spertus Institute For Jewish Learning And Leadership Chicago, IL | $61,494,654 | $7,279,775 |
Southern Illinois University Edwardsville Foundation Edwardsville, IL | $53,902,987 | $8,733,295 |
Vandercook College Of Music Chicago, IL | $10,499,413 | $6,354,157 |
Eastern Illinois University Foundation Charleston, IL | $118,656,033 | $17,377,290 |
Calvary University Kansas City, MO | $12,316,825 | $1,875,961 |
University Of Wisconsin Stevens Point Foundation Inc Stevens Point, WI | $75,127,942 | $13,216,092 |
Lutherans Outdoors In South Dakota Inc Sioux Falls, SD | $6,849,322 | -$4,055,912 |
Bemidji State University Alumni And Foundation Bemidji, MN | $34,192,728 | $3,226,232 |
Dakota State University Foundation Madison, SD | $48,525,169 | $15,213,740 |
University Of Wisconsin Superior Foundation Inc Superior, WI | $26,789,012 | $8,532,760 |
Notre Dame De La Baie Foundation Inc Green Bay, WI | $5,837,101 | -$1,448,900 |