Overview
What is Northern Arizona Capital Facilities Fina?
Northern Arizona Capital Facilities Fina, formally known as Northern Arizona Capital Facilities Finance Corporation (NACFFC), is a nonprofit entity established for civic betterment and social improvements. Its primary objective is to aid the Arizona Board of Regents, acting on behalf of Northern Arizona University (NAU), in financing, constructing, and operating capital facilities for NAU. NACFFC serves as the sole member of four Limited Liability Companies (LLCs): Pine Ridge Village/Campus Heights LLC, North Campus LLC, Student and Academic Services LLC, and University Student Athletic Facilities LLC. Collectively, these entities work towards acquiring, developing, and constructing student housing for the benefit of Northern Arizona University.
Is Northern Arizona Capital Facilities Fina legitimate?
Northern Arizona Capital Facilities Fina is a legitimate nonprofit organization registered as a 501(c)(4) entity. Northern Arizona Capital Facilities Fina 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: $0
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What is the mission statement of Northern Arizona Capital Facilities Fina?
Northern Arizona Capital Facilities Finance Corporation (NACFFC) was established with the aim of contributing to civic betterment and social improvements. The corporation assists the Arizona Board of Regents, acting on behalf of Northern Arizona University (NAU), in financing, constructing, and operating capital facilities for NAU. NACFFC serves as the sole member of four limited liability companies (LLCs) – Pine Ridge Village/Campus Heights LLC, North Campus LLC, Student and Academic Services LLC, and University Student Athletic Facilities, LLC – to facilitate the development of necessary facilities for NAU. The corporation's primary objective is to support NAU's growth and improvement by aiding in the development of its infrastructure.
Who is the CEO of Northern Arizona Capital Facilities Fina?
Andrew Phillips is the President of Northern Arizona Capital Facilities Fina.
What is the revenue of Northern Arizona Capital Facilities Fina?
Northern Arizona Capital Facilities Fina's revenue in 2022 was $4,665,920.
Who are the executives of Northern Arizona Capital Facilities Fina and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Northern Arizona Capital Facilities Fina?
Northern Arizona Capital Facilities Fina's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northern Arizona Capital Facilities Fina
Northern Arizona Capital Facilities Fina, abbreviated as NACFFC, was established with a mission to contribute to civic betterment and social improvements. This nonprofit corporation assists the Arizona Board of Regents, acting on behalf of Northern Arizona University (NAU), in financing, constructing, and operating capital facilities on behalf of NAU. NACFFC serves as the sole member of four individual Limited Liability Companies (LLCs): Pine Ridge Village/Campus Heights LLC, North Campus LLC, Student and Academic Services LLC, and University Student Athletic Facilities, LLC. These LLCs contribute to various aspects of NAU, including student living, academic services, and athletic facilities, ultimately enhancing the overall experience and opportunities for students at Northern Arizona University.
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Impact
October, 2024
The Northern Arizona Capital Facilities Finance Corporation (NACFFC) plays a crucial role in enhancing the educational landscape in Flagstaff, Arizona, by supporting Northern Arizona University (NAU) in developing and financing essential capital facilities. Through the acquisition and construction of student housing and other facilities, NACFFC directly contributes to the improvement of civic infrastructure, addressing the housing needs of students and fostering a conducive learning environment.
By acting on behalf of the Arizona Board of Regents and partnering with various limited liability companies, NACFFC ensures that NAU can provide adequate accommodations and services for its students. This support not only facilitates access to higher education but also stimulates local economic growth and community development, showcasing a commitment to social improvement and civic betterment in the region. The investment in educational facilities positively impacts students' academic experiences and overall well-being, highlighting NACFFC's significant role in shaping the future of Northern Arizona University and its surrounding community.
This information is meant to be a general summary of Northern Arizona Capital Facilities Fina. 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: $6,728
- Program Service Revenue: $3,879,192
- Gross Receipts: $4,665,920
Assets and Liabilities:
- Total Assets: $110,511,060
- Total Liabilities: $111,496,394
- Net Assets: -$985,334
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REVENUE RECEIVED UNDER
Revenue
$3,879,192
Organization Details
Founding Year
2001
Phone
(928) 523-5790Principal Officer
Andrew Phillips
Main Address
OFFICE OF COMPTROLLER PO BOX 4069, FLAGSTAFF, AZ, 86011
NTEE Category
Code: W00 - Public benefit
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