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University Of Florida Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 352427022 ✦ Gainesville, FL ✦ Designated as a 501(c)(3)

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Overview

What is University Of Florida Development Corporation?

The University of Florida Development Corporation is a nonprofit organization located in Gainesville, Florida. Its primary mission is to foster economic growth and create job opportunities. This is achieved by managing and promoting the properties of Innovation Square, LLC. The corporation also supports the educational mission and purposes of the University of Florida, and promotes, manages, and assists in research across various fields such as sciences, technology, business, architecture, agriculture, engineering, and others, contributing to the broader mission and educational purposes of the university. Additionally, this nonprofit organization plays a role in promoting economic development.


Official website here: www.ore.ufl.edu

Is University Of Florida Development Corporation legitimate?

University Of Florida Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Florida Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,930

For more financial information, click here


Official website here: www.ore.ufl.edu

What is the mission statement of University Of Florida Development Corporation?

The University of Florida Development Corporation's mission is centered around supporting and advancing the educational goals of the University of Florida. They aim to foster research in various fields such as sciences, technology, business, architecture, agriculture, engineering, and others that align with the university's mission. Furthermore, this corporation promotes economic development by managing and promoting properties, specifically referring to Innovation Square, LLC, which contributes to economic growth and job creation.


Official website here: www.ore.ufl.edu

Who is the CEO of University Of Florida Development Corporation?

Trevor Schneider is the Board Chair of University Of Florida Development Corporation.


Official website here: www.ore.ufl.edu

What is the revenue of University Of Florida Development Corporation?

University Of Florida Development Corporation's revenue in 2022 was $2,535,513.


Official website here: www.ore.ufl.edu

Who are the executives of University Of Florida Development Corporation and what are their salaries?


Here are 8 key members and their salaries:


David Brandon (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Svein Dyrkolbotn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Lane (President/Vice-Chair)
  • Compensation: $0
  • Related: $513,650
  • Other: $53,603
Bradley Pollitt (Vice President)
  • Compensation: $0
  • Related: $403,477
  • Other: $46,818
Mark Kaplan (Director)
  • Compensation: $0
  • Related: $369,742
  • Other: $54,655
Winfred Phillips (President/Vice-Chair, Until 7/1/22)
  • Compensation: $0
  • Related: $460,270
  • Other: $133,270
Trevor Schneider (Treasurer)
  • Compensation: $0
  • Related: $175,433
  • Other: $38,713
Colt Little (Secretary)
  • Compensation: $0
  • Related: $203,452
  • Other: $31,460


Official website here: www.ore.ufl.edu

Where can I find the form 990 for University Of Florida Development Corporation?

University Of Florida Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ore.ufl.edu

Learn more at the official website: www.ore.ufl.edu

Mission Statement of University Of Florida Development Corporation

The University of Florida Development Corporation, in essence, is dedicated to advancing the educational mission and objectives of the University of Florida. This nonprofit organization actively engages in promoting, managing, and supporting research in various fields such as sciences, technology, business, architecture, agriculture, engineering, and any other sectors that align with this mission and educational purposes. Furthermore, it strives to foster economic development by managing and promoting the properties of Innovation Square, LLC, which plays a significant role in the creation of job opportunities.

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Impact




October, 2024

The University of Florida Development Corporation significantly contributes to the educational mission of the University of Florida by fostering research and innovation across a diverse array of disciplines, including sciences, technology, business, architecture, agriculture, and engineering. By promoting and managing properties like Innovation Square, it plays a critical role in driving economic growth and job creation in Gainesville and beyond.

The corporation's efforts not only enhance the academic environment but also create a vibrant ecosystem that supports entrepreneurship and technological advancement. This holistic approach not only benefits students and faculty through enriched learning and research opportunities but also strengthens the local economy, ensuring a collaborative partnership between academia and industry. Through its initiatives, the University of Florida Development Corporation is instrumental in shaping a future driven by education, innovation, and sustainable economic development.




This information is meant to be a general summary of University Of Florida Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,535,513 (2022)
Expenses
$2,512,037 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $367,905
  • Program Service Revenue: $1,876,999
  • Gross Receipts: $2,535,513

Assets and Liabilities:

  • Total Assets: $19,933,332
  • Total Liabilities: $13,329,720
  • Net Assets: $6,603,612

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$1,876,999

Organization Details

Founding Year

2011

Principal Officer

Trevor Schneider

Main Address

PO BOX 113135, GAINESVILLE, FL, 326113135

NTEE Category

Code: B12 - Education

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