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← UNIVERSITY AREA COMMUNITY DEVELOPMENT CORPORATION INC

Form 990 for tax year 2024

Filed by UNIVERSITY AREA COMMUNITY DEVELOPMENT CORPORATION INC.

Totals

Total revenue
$4,494,374
Total expenses
$6,351,445
Contributions and grants received
$5,380,026
Grants paid
$256,679
Program service revenue
$656,590
Investment income
-$1,546,468
Other revenue
$4,226
Total assets, end of year
$11,359,163
Total liabilities, end of year
$3,384,816
Net assets or fund balances, end of year
$7,974,347
Program services expenses (Part IX)
$5,466,839
Management and general expenses
$611,044
Fundraising expenses
$273,562
Program service expenses (Part III)
$5,466,839

Program services were 86.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DR ERIC EISENBERG

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    10
  • LEON PAGE

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • DARLENE STAUNKO

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • NEALY WHEAT

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • TONY COLEMAN

    IMMEDIATE PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    2
  • VICTOR CRIST

    CHAIRMAN EMERITUS

    Total calculated
    $0
    Hours/week
    2
  • NOEMI CRUZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • TYSON DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • JON DENGLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • MARK DOWNING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • ROSS FABAIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • PATRICE GINGRAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • MAJOR JAMES JACKSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • KENNETH JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • FRANCIS JOSEPH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • JENNIFER SWEET

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • DR SARAH COMBS

    EXECUTIVE DIRECTOR/ CEO

    Total calculated
    $255,170
    From this org
    $247,725
    From related orgs
    $0
    Other
    $7,445
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $227,725
    Bonus
    $20,000
    Other
    $0
    Deferred
    $7,445
    Nontaxable benefits
    $0
    Filer's total
    $255,170
  • ROB ZIMPRICH

    CFO

    Total calculated
    $124,505
    From this org
    $112,907
    From related orgs
    $0
    Other
    $11,598
    Hours/week
    50
  • JAREE ERVIN

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $112,797
    From this org
    $107,255
    From related orgs
    $0
    Other
    $5,542
    Hours/week
    50
  • BREE LUCKIE

    CHIEF COMMUNICATION OFFICER

    Total calculated
    $112,732
    From this org
    $103,024
    From related orgs
    $0
    Other
    $9,708
    Hours/week
    50
  • LATIECEA HAILEY-BROWN

    CHIEF OPERATIONS OFFICER

    Total calculated
    $110,533
    From this org
    $108,637
    From related orgs
    $0
    Other
    $1,896
    Hours/week
    50

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
DR. COMBS RECEIVES A DISCRETIONARY BONUS BY THE EXECUTIVE COMMITTEE BASED ON A REVIEW OF OVERALL FINANCIAL PERFORMANCE AND STRATEGIC PLAN.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • UACDC TAMPA PINES LLC

    ATTAINABLE HOUSING · FL · income $254,621 · assets $1,766,343

    Directly controlled by UNIVERSITY AREA COMMUNITY DEVELOPMENT CORPORATION

  • UACDC PINES ONE LLC

    ATTAINABLE HOUSING · FL · income $135,783 · assets $1,024,406

    Directly controlled by UNIVERSITY AREA COMMUNITY DEVELOPMENT CORPORATION

  • UACDC HARVEST HOPE PROPERTIES LLC

    ATTAINABLE HOUSING · FL · income $85,002 · assets $1,230,601

    Directly controlled by UNIVERSITY AREA COMMUNITY DEVELOPMENT CORPORATION

  • UACDC DEVELOPER LLC

    DEVELOPMENT OF UPTOWN SKY COMPLEX · FL · income $58,399 · assets $0

    Directly controlled by UNIVERSITY AREA COMMUNITY DEVELOPMENT CORPORATION

  • UACDC FLETCHER LLC

    DEVELOPMENT OF UPTOWN SKY COMPLEX · FL · income $0 · assets $0

    Directly controlled by UNIVERSITY AREA COMMUNITY DEVELOPMENT CORPORATION

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.5
Source object
202622309349302457

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