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University Of North Florida 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: Educational Institutions and Related Activities / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$11.6M (2024)

Expenses
$7.66M (2024)

Total Assets
$163M (2024)

Total Liabilities
$184M (2024)

Source: Form 990 tax filings from 2011 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
$11,604,744
Expenses
$7,656,829
Net Income
$3,947,915
Net Assets
-$21,242,575
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,597,876
99.9%
Investment Income $6,868
0.1%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $163,001,559
Total Liabilities $184,244,134
Net Assets -$21,242,575
Compensation
Key Employees and Officers Compensation Related Other
Jack Allen (Chairperson) $0 $0 $0
Moez Limayen (Secretary) $0 $675,499 $154,182
Paul Mcelroy (Director) $0 $0 $0
Julie Lamey (Director) $0 $0 $0
Rad Lovett (Director) $0 $0 $0
Joseph P Chuck Moorer (Director) $0 $0 $0
Scott Bennett (Executive Director) $0 $287,371 $80,190
Valerie Stevenson (Controller) $0 $189,952 $56,165

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,879,731
Expenses
$7,953,865
Net Income
$3,925,866
Net Assets
-$25,190,490
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,878,076
100.0%
Investment Income $1,655
0.0%
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 $174,264,032
Total Liabilities $199,454,522
Net Assets -$25,190,490
Compensation
Key Employees and Officers Compensation Related Other
Jack Allen (Chairperson) $0 $0 $0
Moez Limayen (Secretary Begin 8/1/22) $0 $295,167 $100,856
Paul Mcelroy (Director) $0 $0 $0
Julie Lamey (Director) $0 $0 $0
Rad Lovett (Director) $0 $0 $0
Joseph P Chuck Moorer (Director) $0 $0 $0
Scott Bennett (Executive Director) $0 $339,586 $121,584
Valerie Stevenson (Controller) $0 $179,447 $53,955

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,542,145
Expenses
$8,237,636
Net Income
$3,304,509
Net Assets
-$29,116,356
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,497,057
99.6%
Investment Income $88
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $45,000
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $185,430,007
Total Liabilities $214,546,363
Net Assets -$29,116,356
Compensation
Key Employees and Officers Compensation Related Other
Cecil Mac Holley (Chairperson) $0 $0 $0
Pamela Chally (Secretary) $0 $101,916 $83,622
John Jack Allen (Director) $0 $0 $0
Julie Lamey (Director) $0 $0 $0
Paul Mcelroy (Director) $0 $0 $0
Joseph P Moorer (Director) $0 $0 $0
Scott Bennett (Executive Director) $0 $269,602 $114,026
Valerie Stevenson (Controller) $0 $174,119 $52,637

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,395,241
Expenses
$8,504,139
Net Income
$2,891,102
Net Assets
-$32,420,865
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,365,209
99.7%
Investment Income $32
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,000
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $87,341,519
Total Liabilities $119,762,384
Net Assets -$32,420,865
Compensation
Key Employees and Officers Compensation Related Other
Cecil Mac Holley (Chairperson) $0 $0 $0
David Szymanski (Secretary) $0 $686,541 $109,068
John Jack Allen (Director) $0 $0 $0
Ed Burr (Director) $0 $0 $0
Betsy Cox (Director) $0 $0 $0
Paul Mcelroy (Director) $0 $0 $0
Joseph P Moorer (Director) $0 $0 $0
Sam Mousa (Director) $0 $0 $0
Scott Bennett (Executive Director) $0 $225,283 $88,985
Valerie Stevenson (Controller) $0 $160,044 $48,413

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,390,468
Expenses
$8,778,061
Net Income
$2,612,407
Net Assets
-$35,311,967
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,359,627
99.7%
Investment Income $841
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,000
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $91,673,213
Total Liabilities $126,985,180
Net Assets -$35,311,967
Compensation
Key Employees and Officers Compensation Related Other
Cecil Mac Holley (Chairperson) $0 $0 $0
David Szymanski (Secretary) $0 $642,480 $98,852
John Jack Allen (Director) $0 $0 $0
Ed Burr (Director) $0 $0 $0
Betsy Cox (Director) $0 $0 $0
Paul Mcelroy (Director) $0 $0 $0
Chuck Moorer (Director) $0 $0 $0
Sam Mousa (Director) $0 $0 $0
Shari Shuman (Executive Director (Thru 1/31/20)) $0 $273,435 $100,730
Scott Bennett (Executive Director As Of 2/1/2020) $0 $0 $0
Valerie Stevenson (Controller) $0 $143,383 $45,387

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,400,861
Expenses
$9,051,437
Net Income
$2,349,424
Net Assets
-$37,924,374
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,369,772
99.7%
Investment Income $1,089
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,000
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $96,002,225
Total Liabilities $133,926,599
Net Assets -$37,924,374
Compensation
Key Employees and Officers Compensation Related Other
Cecil Mac Holley (Chairperson) $0 $0 $0
David Szymanski (Secretary (Began 6/18)) $0 $343,981 $35,197
Ed Burr (Director) $0 $0 $0
Betsy Cox (Director) $0 $0 $0
Jack Allen (Director) $0 $0 $0
Sam Mousa (Director) $0 $0 $0
Hans Tanzler (Director) $0 $0 $0
Joseph Moorer Jr (Director) $0 $0 $0
Shari Shuman (Executive Director) $0 $254,642 $79,283
Beverly Evans (Director Of Accounting (Thru 3/19)) $0 $110,606 $23,191
Valerie Stevenson (Controller (Began 4/19)) $0 $126,721 $28,233
John A Delaney (Former Secretary (Thru 5/18)) $0 $623,322 $32,414

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,138,356
Expenses
$9,293,700
Net Income
$1,844,656
Net Assets
-$40,273,798
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,000
0.3%
Program Services $11,106,383
99.7%
Investment Income $1,973
0.0%
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 $100,320,414
Total Liabilities $140,594,212
Net Assets -$40,273,798
Compensation
Key Employees and Officers Compensation Related Other
Cecil Mac Holley (Chairperson) $0 $0 $0
John A Delaney (Secretary (Thru 5/18)) $0 $890,108 $47,855
David Szymanski (Secretary (Began 6/18)) $0 $0 $0
Ed Burr (Director) $0 $0 $0
Betsy Cox (Director) $0 $0 $0
Jack Allen (Director) $0 $0 $0
Sam Mousa (Director) $0 $0 $0
Fred Franklin (Director) $0 $0 $0
Joseph Moorer Jr (Director) $0 $0 $0
Shari Shuman (Executive Director) $0 $252,155 $32,684
Beverly Evans (Director Of Accounting) $0 $113,306 $9,906

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,482,925
Expenses
$10,875,937
Net Income
-$393,012
Net Assets
-$42,118,454
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,000
0.3%
Program Services $10,416,691
99.4%
Investment Income $45,181
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$8,947
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 $104,797,876
Total Liabilities $146,916,330
Net Assets -$42,118,454
Compensation
Key Employees and Officers Compensation Related Other
Cecil Mac Holley (Chairperson) $0 $0 $0
John A Delaney (Secretary) $0 $755,280 $94,246
Ed Burr (Director) $0 $0 $0
Betsy Cox (Director) $0 $0 $0
Jack Allen (Director) $0 $0 $0
Sam Mousa (Director) $0 $0 $0
Fred Franklin (Director) $0 $0 $0
Joseph Moorer Jr (Director) $0 $0 $0
Shari Shuman (Executive Director) $0 $254,303 $23,789
Beverly Evans (Director Of Accounting) $0 $107,490 $9,994

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,274,030
Expenses
$10,894,528
Net Income
$1,379,502
Net Assets
-$41,665,357
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,000
0.2%
Program Services $12,204,424
99.4%
Investment Income $39,606
0.3%
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $113,937,584
Total Liabilities $155,602,941
Net Assets -$41,665,357
Compensation
Key Employees and Officers Compensation Related Other
Cecil Mac Holley (Chairperson) $0 $0 $0
John A Delaney (Secretary) $0 $890,608 $97,556
Ed Burr (Director) $0 $0 $0
Betsy Cox (Director) $0 $0 $0
Jack Allen (Director) $0 $0 $0
Sam Mousa (Director) $0 $0 $0
Shari Shuman (Executive Director) $0 $252,155 $31,594
Beverly Evans (Director Of Accounting) $0 $113,306 $11,911

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,440,356
Expenses
$11,302,497
Net Income
$7,137,859
Net Assets
-$43,065,144
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,108,654
38.5%
Program Services $11,236,863
60.9%
Investment Income $94,839
0.5%
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 $123,934,742
Total Liabilities $166,999,886
Net Assets -$43,065,144
Compensation
Key Employees and Officers Compensation Related Other
Cecil Mac Holley (Chairperson) $0 $0 $0
John A Delaney (Secretary) $0 $639,878 $92,918
Ed Burr (Director) $0 $0 $0
Betsy Cox (Director) $0 $0 $0
Jack Allen (Director) $0 $0 $0
Sam Mousa (Director) $0 $0 $0
Shari Shuman (Executive Director) $0 $227,489 $29,727
Beverly Evans (Director Of Accounting) $0 $113,306 $10,435

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,753,890
Expenses
$9,537,110
Net Income
$216,780
Net Assets
-$50,204,520
Notable Sources of Revenue Percent of Total Revenue
Contributions $380,915
3.9%
Program Services $9,237,616
94.7%
Investment Income $0
Bond Proceeds $135,359
1.4%
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 $93,956,421
Total Liabilities $144,160,941
Net Assets -$50,204,520
Compensation
Key Employees and Officers Compensation Related Other
Cecil Mac Holley (Chairperson) $0 $0 $0
John A Delaney (Secretary) $0 $716,912 $83,570
Ed Burr (Director) $0 $0 $0
Betsy Cox (Director) $0 $0 $0
Howard Serkin (Director) $0 $0 $0
Sam Mousa (Director) $0 $0 $0
Shari Shuman (Executive Director) $0 $207,338 $19,861
Beverly Evans (Director Of Accounting) $0 $100,785 $9,804

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,700,420
Expenses
$9,684,513
Net Income
-$984,093
Net Assets
-$48,987,841
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,000
0.3%
Program Services $8,533,689
98.1%
Investment Income $136,731
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $95,676,063
Total Liabilities $144,663,904
Net Assets -$48,987,841

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,377,772
Expenses
$9,771,302
Net Income
-$1,393,530
Net Assets
-$47,893,799
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,585
0.2%
Program Services $8,116,809
96.9%
Investment Income $240,378
2.9%
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 $98,313,340
Total Liabilities $146,207,139
Net Assets -$47,893,799

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,291,581
Expenses
$9,862,625
Net Income
-$1,571,044
Net Assets
-$46,489,844
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,000
0.2%
Program Services $7,996,463
96.4%
Investment Income $0
Bond Proceeds $275,118
3.3%
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 $101,830,222
Total Liabilities $148,320,066
Net Assets -$46,489,844

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

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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