Eastern Florida State College Student Housing Corporation
- Assets
- $13.8m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Cocoa, FL
- Founding
- Data as of
- 06/2024
- EIN
- 82-5007815
Organization Overview
Eastern Florida State College Student Housing Corporation is located in Cocoa, FL. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., 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. Eastern Florida State College Student Housing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Eastern Florida State College Student Housing Corporation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $1.0m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE STUDENT HOUSING CORPORATION SEEKS TO PROVIDE STUDENTS A CARING COMMUNITY THAT IS BOTH INTELLECTUALLY AND SOCIALLY ENRICHING, WITH AN EMPHASIS ON STUDENT SELF-GOVERNANCE AND A CORRESPONDING EXPECTATION OF STUDENT ACCOUNTABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE RESIDENTIAL SERVICES TO THE STUDENTS OF EASTERN FLORIDA STATE COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Moody Chair | OfficerTrustee | 2 | $0 |
Scott Glover Vice Chair | OfficerTrustee | 2 | $0 |
Dr James H Richey Secretary/treasurer | OfficerTrustee | 5 | $0 |
Laura Maxwell Vp, Operations/cfo | OfficerTrustee | 5 | $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 | $1,472,075 |
| Investment income | $29,783 |
| 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 | $1,501,858 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $55,963 |
| Pension plan accruals and contributions | $6,712 |
| Other employee benefits | $4,341 |
| Payroll taxes | $4,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $147,444 |
| Advertising and promotion | $344 |
| Office expenses | $52,563 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $544,225 |
| 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 | $137,445 |
| Insurance | $30,870 |
| All other expenses | $32,236 |
| Total functional expenses | $1,036,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,733,656 |
| Savings and temporary cash investments | $380,603 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $282,071 |
| 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 | $7,696 |
| Net Land, buildings, and equipment | $5,016,743 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,412,735 |
| Total assets | $13,833,504 |
| Accounts payable and accrued expenses | $53,392 |
| 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 | $12,566,877 |
| Total liabilities | $12,620,269 |
| Net assets without donor restrictions | $1,213,235 |
| 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 | $13,833,504 |