2024-04-05T09:45:19-05:00 2023-06-30 593204548 JAMES MOORE & CO PL 5931 NW 1ST PL GAINESVILLE FL 326072063 990 2022-07-01 208802270 FIU ATHLETICS FINANCE CORPORATION FIUA 3053483758 11200 SW 8TH ST MARC 531 MIAMI FL 331992516 ROGELIO TOVAR CHAIRMAN 3053483758 2024-03-13 1 ROGELIO TOVAR 999009999 0 KEN KURDZIEL P00060407 3523781331 2024-03-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROGELIO TOVAR 11200 SW 8TH ST MARC 531 MIAMI FL 331992516 5721794 0 X NONE X 2006 FL THE FIU ATHLETICS CORPORATION WAS ORGANIZED TO FACILITATE THE FINANCING OF PROJECTS RELATED TO THE FIU FOOTBALL STADIUM, AS WELL AS, MANAGE AND OPERATE THE FACILITIES. 6 3 0 0 0 0 4046032 5552506 1461757 0 4223 169288 0 0 5512012 5721794 0 2388010 0 0 0 0 0 0 0 3796425 3731150 3796425 6119160 1715587 -397366 20960698 19864935 24957362 24258965 -3996664 -4394030 X THE FIU ATHLETICS CORPORATION WAS ORGANIZED TO FACILITATE THE FINANCING OF PROJECTS RELATED TO THE FIU FOOTBALL STADIUM. THE CORPORATION PROVIDES DIRECT SUPPORT IN MATTERS PERTAINING TO INITIALLY THE FINANCING OF THE FIU FOOTBALL STADIUM AND SUBSEQUENTLY MANAGING AND OPERATING OF THE FACILITY AND HAS BEEN DESIGNATED BY THE FIU BOARD OF TRUSTEES AS A UNIVERSITY DIRECT SUPPORT ORGANIZATION PURSUANT TO SECTION 1004.28 FLORIDA STATUTES. 0 0 6077974 2388010 THE ORGANIZATION IS A FLORIDA NOT-FOR-PROFIT, A DIRECT SUPPORT ORGANIZATION AND A COMPONENT UNIT OF FLORIDA INTERNATIONAL UNIVERSITY (FIU) FORMED TO FACILITATE THE FINANCING OF PROJECTS RELATED TO THE FIU FOOTBALL STADIUM AND FACILITY OPERATIONS AND MANAGEMENT. 6077974 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 3 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X ADRIANNE PERDOMO 3053483758 11200 SW 8TH STREET-MARC 531 MIAMI FL 33199 HEATH GLICK DIRECTOR 1.00 40.00 X 0 156596 21862 AL LORENZO DIRECTOR 1.00 5.00 X 0 0 0 BENJAMIN JARRELL DIRECTOR 1.00 40.00 X 0 151300 33580 MIKE HERNANDEZ DIRECTOR 1.00 5.00 X 0 0 0 ROGELIO TOVAR CHAIRMAN 1.00 5.00 X X 0 0 0 SCOTT CARR ATHLETIC DIRECTOR 1.00 40.00 X 0 441611 53827 SANDRA DURAN ASSISTANT SECRETARY 35.00 5.00 X 0 109002 29416 ALEXANDER KELLEY SECRETARY 1.00 39.00 X 0 102839 28156 ADRIANNE PERDOMO CONTROLLER 5.00 40.00 X 0 120586 30707 0 1081934 197548 0 0 1 0 SANIKLEAN INC 8306 MILLS DR MIAMI FL 33183 CUSTODIAL SERVICES 251550 EVENT SERVICES AMERICA INC 12040 MIRAMAR PARKWAY MIRAMAR FL 33025 PROFESSIONAL SERVICES 214259 PIONEER MANUFACTURING CO 4529 INDUSTRIAL PKWY CLEVELAND OH 44135 PROFESSIONAL SERVICES 116621 WILLIAM E CRAIG AND ASSOCIATES INC 798 SW 158TH WAY PEMBROKE PINES FL 33027 PROFESSIONAL SERVICES 101426 4 4721924 830582 5552506 169288 169288 5721794 0 0 169288 2388010 2388010 27950 27950 285631 285631 13297 61 13236 1515813 1515813 823350 823350 FOOTBALL OPERATIONS 546079 546079 EVENT OPERATIONS 260362 260362 MATERIALS & SUPPLIES 148489 148489 REPAIRS & MAINTENANCE 101668 101668 8511 8511 6119160 6077974 41186 0 1019902 919354 101820 144320 14238826 12947851 109500 109500 0 0 3826705 3317250 1773445 2536160 20960698 19864935 148708 62600 138788 209870 22735000 21090000 1934866 2896495 24957362 24258965 X -3996664 -4394030 0 0 0 0 -3996664 -4394030 20960698 19864935 -397366 0 X 0 1 X 1 0 X 2474796 2692576 3547757 4046032 5552506 18313667 2474796 2692576 3547757 4046032 5552506 18313667 18313667 78205 47899 458 4223 169288 300073 18613740 5274391 0.98390 0.98880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 109500 109500 0 0 INVESTMENTS - MUTUAL FUNDS 3317250 F 3317250 DEFERRED AMOUNT ON DEBT REFUNDINGS 146418 DUE FROM FIU 2389742 2536160 DERIVATIVE LIABILITY 764284 DUE TO FIU 1952257 DEFERRED INFLOW OF HEDGE DERIVATIVE 179954 2896495 X 5721794 0 5721794 0 5721794 6119160 0 6119160 0 6119160 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION, AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND AS SUCH IS SUBJECT TO FEDERAL INCOME TAXES ONLY ON UNRELATED BUSINESS INCOME. THERE WERE NO INCOME TAXES RESULTING FROM UNRELATED BUSINESS INCOME DURING THE YEARS ENDED JUNE 30, 2023 AND 2022. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. IF THE ORGANIZATION WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST AND PENALTIES WOULD BE REPORTED AS INCOME TAXES. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ATHLETICS FINANCE CORPORATION'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. 1 FLORIDA INTERNATIONAL UNIVERSITY 11200 SW 8TH STREET MIAMI FL 33199 650177616 115(1) 2388010 0 TO SUPPORT THE UNIVERSITY 1 0 PART I, LINE 2: TRANSFER OF FUNDS ARE TO FLORIDA INTERNATIONAL UNIVERSITY, A RELATED ORGANIZATION. DUE TO THE RELATED NATURE OF THE CORPORATION AND THE UNIVERSITY, THE CORPORATION IS ABLE TO OVERSEE AND VERIFY APPROPRIATE USE OF FUNDS. OFFICERS AND EMPLOYEES OF THE UNIVERSITY ARE ON THE CORPORATION BOARD, WHICH ALLOWS BOTH ENTITIES THE ABILITY TO MONITOR THE GRANTS. 0 0 0 0 0 0 0 0 0 SCOTT CARR ATHLETIC DIRECTOR 0 441611 0 0 0 0 0 34971 0 18856 0 495438 0 0 BENJAMIN JARRELL DIRECTOR 0 151300 0 0 0 0 0 13724 0 19856 0 184880 0 0 HEATH GLICK DIRECTOR 0 156596 0 0 0 0 0 11013 0 10849 0 178458 0 0 ADRIANNE PERDOMO CONTROLLER 0 120586 0 0 0 0 0 13070 0 17637 0 151293 0 0 PART I, LINE 3 THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES AND DOES NOT PROVIDE ANY OFFICER, DIRECTOR, OR OTHER REPRESENTATIVE WITH ANY COMPENSATION. MEMBERS ARE COMPENSATED THROUGH FLORIDA INTERNATIONAL UNIVERSITY, A RELATED ORGANIZATION. A MIAMI-DADE COUNTY INDUSTRIAL DEVELOPMENT 591332816 2009-12-16 30000000 TAX-EXEMPT CAPITAL IMPROVEMENT 0 1 0 A 8910000 30000000 30000000 1 0 1 1 A 0 0 0 0 0 0 1 A 1 1 1 REGIONS TRUST 23.250000000000 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE OFFICERS OF THE CORPORATION, AS WELL AS ANY MEMBER APPOINTED TO THE EXECUTIVE COMMITTEE BY THE PRESIDENT OF THE UNIVERSITY. THE EXECUTIVE COMMITTEE OF THE BOARD SHALL HAVE AND MAY EXERCISE ALL POWERS AND AUTHORITY OF THE BOARD WHEN THE BOARD IS NOT IN SESSION, SUBJECT ONLY TO SUCH RESTRICTIONS OR LIMITATIONS AS THE BOARD MAY, FROM TIME TO TIME SPECIFY, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL HAVE NO AUTHORITY TO ALTER, AMEND, OR REPEAL THE ARTICLES OF INCORPORATION OR BYLAWS OF THE CORPORATION, TO REMOVE DIRECTORS OR OFFICERS OR TO ELECT DIRECTORS OR OFFICERS. ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED IN WRITING TO THE BOARD AT THE NEXT ENSUING MEETING OF THE BOARD. ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE RATIFIED AND INCLUDED IN THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B FLORIDA INTERNATIONAL UNIVERSITY, A RELATED ORGANIZATION, MUST APPROVE THE ANNUAL BUDGET AND ANY CHANGES TO THE ARTICLES OF INCORPORATION AND BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B AN INITIAL DRAFT IS REVIEWED BY THE CONTROLLER FOR ACCURACY BEFORE FORM 990 IS FILED. THE APPROVED DRAFT FORM 990 IS SENT TO ALL BOARD MEMBERS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM AT LEAST ONCE A YEAR. ANY AND ALL VARIATIONS OF CONFLICT ARE BROUGHT TO THE BOARD FOR CONSIDERATION AND RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES AND DOES NOT PROVIDE ANY OFFICER, DIRECTOR, OR OTHER REPRESENTATIVE WITH ANY COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FLORIDA INTERNATIONAL UNIVERSITY 11200 SW 8TH STREET MIAMI FL 33199 650177616 UNIVERSITY FL 115(1) N/A N/A 0 0 1 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 1 0 FLORIDA INTERNATIONAL UNIVERSITY C 4721924 FMV FLORIDA INTERNATIONAL UNIVERSITY K 1304083 FMV FLORIDA INTERNATIONAL UNIVERSITY B 2388010 FMV FLORIDA INTERNATIONAL UNIVERSITY D 2389742 FMV FLORIDA INTERNATIONAL UNIVERSITY E 1952257 FMV