UCO Student Housing Foundation

EIN: 731606800 501(c)(3)

Edmond, OK

Total Revenue
$1,536,014
Total Expenses
$1,199,809
Total Assets
$7,763,271
Net Assets
$2,063,720
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
OK
Principal Officer
Benjamin Hastings
Phone
4059742753
Tax Period
2022-07-01 to 2023-06-30

UCO Student Housing Foundation, founded in 2001, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2022. The organization ran a surplus of $336K, a strong 22% operating margin.

Mission

The Foundation owns and operates student housing on behalf of the University of Central Oklahoma, which is an Oklahoma state-owned and operated university located in Edmond, Oklahoma. UCO also operates as a qualified exempt organization under IRC Section 511(a)2(B).

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,430,181
Investment Income $105,633
Other Revenue $200
TOTAL REVENUE $1,536,014

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,185,032
Other Expenses $1,199,809
TOTAL EXPENSES $1,199,809

Year-over-Year Comparison

2022 2021 Change
Revenue $1,536,014 $1,476,419 +0.0%
Expenses $1,199,809 $1,565,088 -0.2%
Net Income $336,205 $-88,669 -4.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
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
$740,396
Total Directors
6
$1,024,858
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Patti Neuhold-Ravikumar Chairman 1.00
Officer Director
$0 $12,057 $268,816
Kevin Freeman VP Finance and Operations 1.00
Officer Director
$0 $23,844 $183,136
Kendall Parrish General Counsel 1.00
Director
$0 $9,492 $154,486
Benjamin Hastings AVP Finance and Operations 1.00
Director
$0 $23,844 $129,976
Christopher Lynch VP Division of Enrollment 1.00
Officer Director
$0 $0 $161,032
Adrianne Nobles VP Communications and Publ 1.00
Officer Director
$0 $7,728 $127,412
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 No data No data No data No data
2023 $1,536,014 $1,199,809 $7,763,271 $336,205
2022 $1,476,419 $1,565,088 $8,030,963 $-88,669
2021 $1,591,381 $1,044,957 $8,420,793 $546,424
2020 $1,634,865 $1,479,707 $8,204,779 $155,158
2019 $1,798,821 $1,599,923 $8,298,222 $198,898
2018 $1,730,895 $1,541,518 $7,886,887 $189,377
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