UNIVERSITY FACILITIES INC

EIN: 721417328 501(c)(3) Housing & Shelter

HAMMOND, LA

Total Revenue
$21,266,230
Total Expenses
$19,555,406
Total Assets
$125,479,115
Net Assets
$47,242,657
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
LA
Principal Officer
JOHN PAUL DOMIANO
Phone
9855492282
Tax Period
2024-07-01 to 2025-06-30

UNIVERSITY FACILITIES INC, founded in 1997, is a mid-sized nonprofit in the Housing & Shelter sector that reported $21.3M in total revenue in fiscal year 2024. Expenses of $19.6M left a modest 8% surplus.

Mission

THE CORPORATION WAS FORMED TO PROMOTE, ASSIST AND BENEFIT THE MISSION OF SOUTHEASTERN LOUISIANA UNIVERSITY (SLU) THROUGH THE ACQUISITION, CONSTRUCTION, DEVELOPMENT, MANAGEMENT, AND LEASING OF STUDENT HOUSING OR OTHER FACILITIES ON THE CAMPUS OF SLU. THIS ACTIVITY BEGAN IN 1998 THROUGH THE ISSUANCE OF TAX EXEMPT BONDS. THE ACTIVITY WAS CONDUCTED ON THE MAIN CAMPUS OF SLU IN HAMMOND, LA AND WAS PRIMARILY CONDUCTED BY OFFICIALS WHICH WERE ALSO EMPLOYEES OF THE UNIVERSITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $20,133,565
Investment Income $1,132,665
Other Revenue $0
TOTAL REVENUE $21,266,230

Expense Breakdown

Grants Paid $3,661,005
Salaries & Benefits $3,162,347
Fundraising Expenses $0
Program Expenses $19,555,406
Other Expenses $12,732,054
TOTAL EXPENSES $19,555,406

Year-over-Year Comparison

2024 2023 Change
Revenue $21,266,230 $20,360,527 +0.0%
Expenses $19,555,406 $16,684,271 +0.2%
Net Income $1,710,824 $3,676,256 -0.5%
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
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
4
$386,640
Total Directors
1
$199,172
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MR ERIC SUMMERS BOARD MEMBER 1.50
Officer Director
$199,172 $0 $199,172
MR MARCUS NAQUIN CHAIRMAN 1.50
Officer
$0 $0 $0
MR JOHN PAUL DOMIANO SECRETARY/TREASURER 5.00
Officer
$187,468 $0 $187,468
MRS PEGGY HOOVER VICE CHAIRMAN 1.50
Officer
$0 $0 $0
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 $21,266,230 $19,555,406 $125,479,115 $1,710,824
2024 $20,360,527 $16,684,271 $129,622,668 $3,676,256
2023 $18,913,687 $23,515,189 $133,281,392 $-4,601,502
2022 $18,110,312 $17,845,965 $142,004,479 $264,347
2021 $18,803,404 $16,109,202 $147,762,953 $2,694,202
2020 $18,153,494 $16,925,239 $152,007,148 $1,228,255
2019 $19,771,580 $17,775,273 $155,517,114 $1,996,307
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