NonprofitsUniversity Facilities Inc

Housing & Shelter

University Facilities Inc

HAMMOND, LA

Total revenue

$21.3M

Total expenses

$19.6M

Net assets

$47.2M

Grants received

EIN

721417328

Tax year

2024

Mission

The corporation was formed to promote, assist and benefit the mission of southeastern louisiana university (slu) through the acquisition, construction, development, management, and leasing of student housing or other facilities on the campus of slu. This activity began in 1998 through the issuance of tax exempt bonds. The activity was conducted on the main campus of slu in hammond, la and was primarily conducted by officials which were also employees of the university.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$20.1M
Investment income$1.1M
Other revenue
Total revenue$21.3M

Expenses

Grants paid$3.7M
Salaries & benefits$3.2M
Fundraising
Other expenses$12.7M
Total expenses$19.6M
Total assets$125.5M
Net assets$47.2M

People

4 listed

NameRoleCompensation

MR ERIC SUMMERS

BOARD MEMBER

Board

$199K

1.5 hrs/wk

MR JOHN PAUL DOMIANO

SECRETARY/TREASURER

Board

$187K

5 hrs/wk

MR MARCUS NAQUIN

CHAIRMAN

Board

1.5 hrs/wk

MRS PEGGY HOOVER

VICE CHAIRMAN

Board

1.5 hrs/wk

Details

EIN721417328
NTEE codeL400
Subsection03
Ruling date1999-03
Formed1997
Employees0
Volunteers0
UNIVERSITY FACILITIES INC — Mission, Financials & Grants Received | Grantivo