University Development Strategies
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 07/2016
- Data as of
- 06/2020
- EIN
- 46-4993761
Organization Overview
University Development Strategies is located in Columbus, OH. The organization was established in 2016. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. University Development Strategies 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCING, ENCOURAGING AND PROMOTING THE INDUSTRIAL, ECONOMIC, COMMERCIAL AND CIVIL DEVELOPMENT OF THE AREAS SURROUNDING OR CONNECTED TO THE CAMPUSES OF THE OHIO STATE UNIVERSITY (THE "UNIVERSITY") AND ITS AFFILIATES; (B) PROVIDING KNOWLEDGEABLE REAL ESTATE ADVICE AND STRATEGIES BASED UPON THE FUNDAMENTAL ECONOMICS OF REAL ESTATE AND OPTIMIZING ITS VALUE; (C) STIMULATING INVESTMENT IN THE REAL ESTATE CONNECTED TO THE UNIVERSITY BY PROVIDING REAL-WORLD ADVICE IN A WAY THAT MEETS THE NEEDS OF THE UNIVERSITY, FACULTY, STAFF, STUDENTS, COMMUNITY MEMBERS AND BUSINESS PARTNERS; AND (D) ENGAGING IN ANY ACTIVITY FOR WHICH CORPORATIONS MAY BE FORMED UNDER THE NONPROFIT LAW OF OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLANNING AND DEVELOPMENT OR REDEVELOPMENT OF COMMUNITIES SURROUNDING OHIO STATE UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack D Kasey Chairman | Trustee | 1 | $0 |
Ann Garcia Director | Trustee | 1 | $0 |
David Frantz Director | Trustee | 1 | $0 |
Thomas Katzenmeyer Director | Trustee | 1 | $0 |
Mike Papadakis Director | Trustee | 1 | $0 |
Guy Worley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $78,844 |
| 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 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 | $0 |
| Fees for services: Legal | $6,136 |
| Fees for services: Accounting | $6,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $384,679 |
| Advertising and promotion | $0 |
| Office expenses | $1,400 |
| Information technology | $400 |
| 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 | $3,489 |
| All other expenses | $0 |
| Total functional expenses | $481,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, University Development Strategies has awarded $78,844 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CAMPUS PARTNERS PURPOSE: RETURN OF FUNDS | $26,747 |
OHIO STATE PURPOSE: RETURN OF FUNDS | $36,509 |
OHIO STATE PURPOSE: RETURN OF FUNDS | $13,537 |
SCIENCE & TECHNOLOGY CAMPUS CORPORATION PURPOSE: RETURN OF FUNDS | $2,051 |