University of Iowa Facilities Corporation

EIN: 420931777 501(c)(3)

IOWA CITY, IA

Total Revenue
$44,681
Total Expenses
$26,137
Total Assets
$1,202,959
Net Assets
$1,200,720
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
IA
Phone
3193353305
Tax Period
2023-07-01 to 2024-06-30

University of Iowa Facilities Corporation, founded in 1967, is a micro nonprofit that reported $45K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $19K, a strong 42% operating margin.

Mission

THE UNIVERSITY OF IOWA FACILITIES CORPORATION ACQUIRES AND HOLDS PROPERTY FOR THE BENEFIT AND USE OF THE UNIVERSITY OF IOWA.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

ACQUIRE AND HOLD PROPERTY FOR THE BENEFIT AND USE OF THE UNIVERSITY OF IOWA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $1,984
Other Revenue $42,697
TOTAL REVENUE $44,681

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $26,137
TOTAL EXPENSES $26,137

Year-over-Year Comparison

2023 2022 Change
Revenue $44,681 $70,739 -0.4%
Expenses $26,137 $26,947 0.0%
Net Income $18,544 $43,792 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,636,754
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A CHAIR/DIRECTOR 1.0
Officer Director
$0 $0 $0
N/A VICE CHAIR/DIRECTOR 1.0
Officer Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A SECRETARY 1.0
Officer
$0 $23,394 $259,951
N/A PRESIDENT 1.0
Officer
$0 $57,665 $627,175
N/A VICE PRES/ASSIST SECRETARY 1.0
Officer
$0 $68,891 $406,283
N/A TREASURER 1.0
Officer
$0 $40,592 $343,345
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $44,681 $26,137 $1,202,959 $18,544
2023 $70,739 $26,947 $1,184,108 $43,792
2022 $17,815 $15,277 $1,140,934 $2,538
2021 $-21,183 $21,022 $1,138,832 $-42,205
2020 $60,008 $20,887 $1,180,393 $39,121
2019 $70,446 $18,261 $1,140,212 $52,185
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