Overview
What is Arizona Capital Facilities Finance Corporation & Controlled Affiliates?
The Arizona Capital Facilities Finance Corporation & Controlled Affiliates is a nonprofit organization based in Tempe, Arizona, with a PO Box address (85280). Their primary mission involves bringing about civic betterments and social improvements by assisting public institutions of higher education in Maricopa County, Arizona, in financing and operating student housing and other capital facilities. This assistance aims to help these institutions effectively meet their educational needs.
Is Arizona Capital Facilities Finance Corporation & Controlled Affiliates legitimate?
Arizona Capital Facilities Finance Corporation & Controlled Affiliates is a legitimate nonprofit organization registered as a 501(c)(4) entity. Arizona Capital Facilities Finance Corporation & Controlled Affiliates 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: $49,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Arizona Capital Facilities Finance Corporation & Controlled Affiliates?
The Arizona Capital Facilities Finance Corporation & Controlled Affiliates is an organization dedicated to supporting institutions of higher education. Its primary goal is to bring about civic betterments and social improvements by assisting these educational institutions, specifically those in Maricopa County, Arizona, in financing and operating student housing and other capital facilities on their behalf. By providing financial assistance, the organization enables these public institutions to focus on their academic mission and improve the educational experience for their students. Through their efforts, they contribute to the overall growth and development of the higher education sector.
Who is the CEO of Arizona Capital Facilities Finance Corporation & Controlled Affiliates?
Ross L Robb is the President of Arizona Capital Facilities Finance Corporation & Controlled Affiliates.
What is the revenue of Arizona Capital Facilities Finance Corporation & Controlled Affiliates?
Arizona Capital Facilities Finance Corporation & Controlled Affiliates's revenue in 2022 was $33,789,570.
Who are the executives of Arizona Capital Facilities Finance Corporation & Controlled Affiliates and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $22,200
- Related: $0
- Other: $0
- Compensation: $13,800
- Related: $0
- Other: $0
- Compensation: $13,800
- Related: $0
- Other: $0
Where can I find the form 990 for Arizona Capital Facilities Finance Corporation & Controlled Affiliates?
Arizona Capital Facilities Finance Corporation & Controlled Affiliates's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Arizona Capital Facilities Finance Corporation & Controlled Affiliates
Arizona Capital Facilities Finance Corporation & Controlled Affiliates, a nonprofit organization, is dedicated to contributing to societal enhancements and civic betterment in Maricopa County, Arizona. It fulfills this mission by providing financial and operational assistance to public institutions of higher education in the region.
The organization's primary goal is to strengthen the educational infrastructure of Maricopa County by supporting its public universities and colleges. It does so by financing and managing the construction and maintenance of student housing and other essential capital facilities on behalf of these institutions. In essence, Arizona Capital Facilities Finance Corporation & Controlled Affiliates acts as a crucial partner, enabling higher education institutions to focus on their academic pursuits while the organization handles the financial and operational aspects of their capital projects.
This dedicated assistance enables the public institutions of higher education in Maricopa County to effectively allocate their resources towards their core mission of providing quality education to their students. By taking care of the financing and operational aspects of capital projects, the organization allows these institutions to maintain a strong focus on their academic objectives and deliver a high standard of education to the students they serve. Additionally, it ensures that the institutions have access to modern facilities, which in turn, contributes to an enhanced learning environment for the students.
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Impact
October, 2024
Arizona Capital Facilities Finance Corporation & Controlled Affiliates plays a significant role in enhancing the educational landscape in Maricopa County, Arizona, by facilitating the financing and operation of crucial facilities for public institutions of higher education. Its efforts are directed toward improving student living conditions through the development of student housing and other necessary capital projects.
By bridging the financing gap for these public institutions, the organization directly contributes to civic betterment and social improvements in the community. This support not only helps to sustain the infrastructure of higher education but also fosters an environment conducive to student success and academic achievement. The overall impact is a more robust educational framework that can better serve the needs of students and the community at large.
This information is meant to be a general summary of Arizona Capital Facilities Finance Corporation & Controlled Affiliates. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,962
- Program Service Revenue: $33,773,608
- Gross Receipts: $33,789,570
Assets and Liabilities:
- Total Assets: $175,363,890
- Total Liabilities: $222,209,960
- Net Assets: -$46,846,070
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE RENTAL AND LEASE
Revenue
$16,518,127
CO-GENERATION/ENERGY SERVICE INCO
Revenue
$12,523,005
FIXED COST AMORTIZATION
Revenue
$4,098,965
OTHER PROGRAM SERVICE REVENUE
Revenue
$440,946
RENEWAL AND REPLACE INCOME
Revenue
$192,565
Organization Details
Founding Year
2000
Phone
(480) 286-3862Principal Officer
Ross L Robb
Main Address
PO BOX 3119, TEMPE, AZ, 85280
NTEE Category
Code: Z99 - Unknown
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