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 06/2022, Eastern Florida State College Student Housing Corporation generated $791.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $549.2k during the year ending 06/2022. 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
2022
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 ACCO
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE RESIDENTIAL SERVICES TO THE STUDENTS OF EASTERN FLORIDA STATE COLLEGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alan H Landman Chair | Trustee | 2 | $0 |
Dr James H Richey President Of Efsc | Trustee | 5 | $0 |
Scott Glover Member | Trustee | 2 | $0 |
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 | $786,148 |
Investment income | $5,144 |
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 | $791,292 |
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 | $56,677 |
Pension plan accruals and contributions | $6,155 |
Other employee benefits | $9,146 |
Payroll taxes | $3,990 |
Fees for services: Management | $0 |
Fees for services: Legal | $21,169 |
Fees for services: Accounting | $11,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $19,215 |
Advertising and promotion | $266 |
Office expenses | $1,883 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $258,703 |
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 | $15,000 |
All other expenses | $7,822 |
Total functional expenses | $549,155 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $307,068 |
Savings and temporary cash investments | $417,633 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $38,386 |
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 | $5,291,633 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $194,082 |
Total assets | $6,248,802 |
Accounts payable and accrued expenses | $15,887 |
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 | $5,566,899 |
Total liabilities | $5,582,786 |
Net assets without donor restrictions | $666,016 |
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 | $6,248,802 |
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