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Florida Gulf Coast University Financing Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$19.2M (2024)

Expenses
$23.7M (2024)

Total Assets
$185M (2024)

Total Liabilities
$148M (2024)

Source: Form 990 tax filings from 2012 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,225,027
Expenses
$23,681,314
Net Income
-$4,456,287
Net Assets
$36,593,955
Notable Sources of Revenue Percent of Total Revenue
Contributions $17,369,330
90.3%
Program Services $0
Investment Income $1,855,697
9.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $184,581,339
Total Liabilities $147,987,384
Net Assets $36,593,955
Compensation
Key Employees and Officers Compensation Related Other
Michael Martin (Director President Of Univers) $0 $574,229 $30,295
Aysegul Timur (Director President Of Univers) $0 $410,487 $59,128
Richard Eide (Director) $0 $0 $0
James Knupp (Director) $0 $0 $0
Martin Wasmer (Director) $0 $0 $0
Stephen Mc Intosh (Director Secretary) $0 $0 $0
Joseph Catti (Director Chairman) $0 $0 $0
Larry Hart (Director Treasurer) $0 $0 $0
David Vazquez (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,684,638
Expenses
$18,762,148
Net Income
$922,490
Net Assets
$41,050,242
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,598,366
94.5%
Program Services $0
Investment Income $1,086,272
5.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $196,297,307
Total Liabilities $155,247,065
Net Assets $41,050,242
Compensation
Key Employees and Officers Compensation Related Other
Michael Martin (Director President Of Univers) $0 $571,904 $50,685
Richard Eide (Director) $0 $0 $0
Martin Wasmer (Director) $0 $0 $0
James Knupp (Director) $0 $0 $0
Larry Hart (Director Treasurer) $0 $0 $0
Joseph Catti (Director Chairman) $0 $0 $0
Stephen Mc Intosh (Director Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,327,322
Expenses
$15,353,767
Net Income
$3,973,555
Net Assets
$40,127,752
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,051,613
98.6%
Program Services $0
Investment Income $275,709
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $204,897,690
Total Liabilities $164,769,938
Net Assets $40,127,752
Compensation
Key Employees and Officers Compensation Related Other
Michael Martin (Director President Of Univers) $0 $522,349 $49,602
Richard Eide (Director) $0 $0 $0
Martin Wasmer (Director) $0 $0 $0
James Knupp (Director) $0 $0 $0
Larry Hart (Director Treasurer) $0 $0 $0
Joseph Catti (Director Chairman) $0 $0 $0
Stephen Mc Intosh (Director Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,217,169
Expenses
$14,312,663
Net Income
$5,904,506
Net Assets
$36,154,197
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,667,409
97.3%
Program Services $0
Investment Income $549,760
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $208,239,627
Total Liabilities $172,085,430
Net Assets $36,154,197
Compensation
Key Employees and Officers Compensation Related Other
Michael Martin (Director President Of Univers) $0 $490,864 $47,916
Richard Eide (Director) $0 $0 $0
Martin Wasmer (Director) $0 $0 $0
Doug St Cerny (Director) $0 $0 $0
Larry Hart (Director Treasurer) $0 $0 $0
Joseph Catti (Director Chairman) $0 $0 $0
Stephen Mc Intosh (Director Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,416,153
Expenses
$17,625,176
Net Income
$1,790,977
Net Assets
$30,249,691
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,356,300
94.5%
Program Services $0
Investment Income $1,059,853
5.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $210,738,292
Total Liabilities $180,488,601
Net Assets $30,249,691
Compensation
Key Employees and Officers Compensation Related Other
Stephen Mc Intosh (Director) $0 $0 $0
Joseph Catti (Director Chairman) $0 $0 $0
Martin Wasmer (Director) $0 $0 $0
Doug St Cerny (Director Secretary) $0 $0 $0
Michael Martin (Director President Of Univers) $0 $543,782 $45,606
Larry Hart (Director Treasurer) $0 $0 $0
Richard Eide (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,977,434
Expenses
$16,935,396
Net Income
$3,042,038
Net Assets
$28,458,714
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,101,648
95.6%
Program Services $0
Investment Income $738,786
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $137,000
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $220,655,569
Total Liabilities $192,196,855
Net Assets $28,458,714
Compensation
Key Employees and Officers Compensation Related Other
Charles W Winton (Director) $0 $0 $0
Joseph Catti (Director Chairman) $0 $0 $0
Bernie Lester (Director) $0 $0 $0
Doug St Cerny (Director Secretary) $0 $0 $0
Michael Martin (Director President Of Univers) $0 $519,843 $44,413
Larry Hart (Director Treasurer) $0 $0 $0
Richard Eide (Director) $0 $0 $0
Wilson Bradshaw (Director President Of Univers) $0 $513,055 $87,254

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,131,836
Expenses
$18,895,789
Net Income
$236,047
Net Assets
$25,416,676
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,622,396
97.3%
Program Services $0
Investment Income $509,440
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $222,718,935
Total Liabilities $197,302,259
Net Assets $25,416,676
Compensation
Key Employees and Officers Compensation Related Other
Charles W Winton (Director Executive Secretary) $0 $0 $0
Joseph Catti (Director Chairman) $0 $0 $0
Russell Priddy (Director) $0 $0 $0
Bernie Lester (Director) $0 $0 $0
Doug St Cerny (Director) $0 $0 $0
Michael Martin (Director President Of Univers) $0 $194,045 $23,553
Larry Hart (Director Treasurer) $0 $0 $0
Wilson Bradshaw (Director President Of Univers) $0 $620,699 $103,964

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,698,237
Expenses
$24,472,777
Net Income
-$5,774,540
Net Assets
$25,180,629
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,252,887
97.6%
Program Services $0
Investment Income $445,350
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $39,619
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $31,500
0.1%
Assets/Debt
Total Assets $228,362,298
Total Liabilities $203,181,669
Net Assets $25,180,629
Compensation
Key Employees and Officers Compensation Related Other
Curtis Bullock (Executive Director) $158,477 $0 $0
Jeff Fridkin (Director Chairman) $0 $0 $0
Charles W Winton (Director Executive Secretary) $0 $0 $0
Wilson Bradshaw (Director President Of Univers) $0 $667,631 $105,615
Joseph Catti (Director) $0 $0 $0
Russell Priddy (Director) $0 $0 $0
Bernie Lester (Director) $0 $0 $0
June Gutnecht (Officer Treasurer Univ Contro) $0 $129,794 $25,949
Doug St Cerny (Director) $0 $0 $0
Brian Fisher (Director Director Of Housing) $0 $113,206 $24,602
Richard C Ackert (Director) $0 $0 $0
Joseph Fogg Iii (Director) $0 $0 $0
Steve Magiera (Officer Executive Director) $0 $295,368 $40,904

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,672,296
Expenses
$23,114,734
Net Income
-$2,442,438
Net Assets
$30,955,169
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,204,698
97.7%
Program Services $0
Investment Income $467,598
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $234,886
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $61,500
0.3%
Assets/Debt
Total Assets $244,257,695
Total Liabilities $213,302,526
Net Assets $30,955,169
Compensation
Key Employees and Officers Compensation Related Other
Curtis D Bullock (Officer Executive Director) $229,226 $0 $0
Richard C Ackert (Director Chairman) $0 $0 $0
Jeffrey D Fridkin (Director Executive Secretary) $0 $0 $0
Doug St Cerny (Director) $0 $0 $0
W Bernard Lester (Director) $0 $0 $0
Charles Winton (Director) $0 $0 $0
Wilson G Bradshaw (Director President Of Univers) $0 $650,338 $103,537
Joseph Fogg Ii (Director) $0 $0 $0
Brian Fisher (Director Director Of Housing) $0 $108,916 $24,067
Steve Magiera (Officer Treasurer Vp Of Unive) $0 $276,131 $38,699

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,083,905
Expenses
$21,044,519
Net Income
-$960,614
Net Assets
$33,397,607
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,620,542
97.7%
Program Services $0
Investment Income $463,363
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $231,396
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $258,693,017
Total Liabilities $225,295,410
Net Assets $33,397,607
Compensation
Key Employees and Officers Compensation Related Other
Curtis D Bullock (Officer Executive Director) $217,527 $0 $0
Richard C Ackert (Director Chairman) $0 $0 $0
Jeffrey D Fridkin (Director Executive Secretary) $0 $0 $0
Doug St Cerny (Director) $0 $0 $0
Dr W Bernard Lester (Director) $0 $0 $0
Russell A Priddy (Director) $0 $0 $0
Wilson G Bradshaw (Director President Of Univers) $0 $632,597 $94,854
Steve Magiera (Officer Treasurer Vp Of Unive) $0 $261,993 $36,932

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,467,434
Expenses
$14,826,771
Net Income
$3,640,663
Net Assets
$34,358,221
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,171,566
98.4%
Program Services $0
Investment Income $295,868
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $204,573
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $266,028,321
Total Liabilities $231,670,100
Net Assets $34,358,221
Compensation
Key Employees and Officers Compensation Related Other
Curtis D Bullock (Officer Executive Director) $196,399 $0 $0
Richard C Ackert (Director Chairman) $0 $0 $0
Jeffrey D Fridkin (Director Executive Secretary) $0 $0 $0
Doug St Cerny (Director) $0 $0 $0
Dr W Bernard Lester (Director) $0 $0 $0
Russell A Priddy (Director) $0 $0 $0
Wilson G Bradshaw (Director President Of Univers) $0 $590,300 $62,452
Steve Magiera (Officer Treasurer Vp Of Unive) $0 $237,941 $42,488

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,529,152
Expenses
$25,544,336
Net Income
-$7,015,184
Net Assets
$30,717,558
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,135,167
97.9%
Program Services $0
Investment Income $393,985
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $192,313
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $265,754,972
Total Liabilities $235,037,414
Net Assets $30,717,558

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,948,564
Expenses
$11,488,582
Net Income
$3,459,982
Net Assets
$37,732,742
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,324,393
95.8%
Program Services $0
Investment Income $624,171
4.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $189,542
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $245,042,228
Total Liabilities $207,309,486
Net Assets $37,732,742

Document Links

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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