Nonprofit · EIN 11-3685135
FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION
Tax-exempt · FORT MYERS, FL 33965
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $20,731,220 | $21,926,368 | -$1,195,148 | $175,707,780 | $140,308,973 | $35,398,807 |
| June 30, 2024 | 990 | $19,225,027 | $23,681,314 | -$4,456,287 | $184,581,339 | $147,987,384 | $36,593,955 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $19,100,572
- Program service revenue
- $0
- Investment income
- $1,630,648
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $21,638,349
- Management and general (functional)
- $288,019
Balance sheet and other
- Total assets, start of year
- $184,581,339
- Total assets, end of year
- $175,707,780
- Total liabilities, end of year
- $140,308,973
- Net assets, end of year
- $35,398,807
- Gross receipts
- $20,731,220
- Employees
- 0
- Year formed
- 2003
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| AYSEGUL TIMUR | PRES OF UNI/ Trustee or director, Officer | 5 | $0 | $686,997 | $58,836 |
| DAVID VAZQUEZ | EXECUTIVE DI Officer | 40 | $0 | $301,082 | $40,258 |
| MICHAEL MARTIN | FORMER PRES Former | – | $0 | $233,334 | $0 |
| JOSEPH CATTI | DIRECTOR/CHA Trustee or director, Officer | 5 | $0 | $0 | $0 |
| RICHARD EIDE | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| LARRY HART | DIRECTOR/TRE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| JIM KNUPP | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
| STEVE MCINTOSH | DIRECTOR/SEC Trustee or director, Officer | 5 | $0 | $0 | $0 |
| MARTIN WASMER | DIRECTOR Trustee or director | 5 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Michael Martin | DirectorPresident of Univers Former | 5 | $0 | $574,229 | $30,295 |
| Aysegul Timur | DirectorPresident of Univers Trustee or director, Officer | 5 | $0 | $410,487 | $59,128 |
| Richard Eide | Director Trustee or director | 5 | $0 | $0 | $0 |
| James Knupp | Director Trustee or director | 5 | $0 | $0 | $0 |
| Martin Wasmer | Director Trustee or director | 5 | $0 | $0 | $0 |
| Stephen McIntosh | DirectorSecretary Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Joseph Catti | DirectorChairman Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Larry Hart | DirectorTreasurer Trustee or director, Officer | 5 | $0 | $0 | $0 |
| David Vazquez | Executive Director Officer | 40 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10501 FGCU BLVD S, FORT MYERS, FL 33965-6502
- In care of
- % CURTIS D BULLOCK
- Principal officer (990 for 2024)
- DAVID VAZQUEZ
- Signed the 990
- DAVID VAZQUEZ, EXECUTIVE DIRECTOR
- Phone
- (239) 590-1215
- Website
- WWW.FGCU.EDU
- Return prepared by
- HSCTUSCAN & COMPANY PA
Mission
THE ORGANIZATION WAS ESTABLISHED TO RECEIVE, HOLD, INVEST, AND ADMINISTER PROPERTY AND TO MAKE EXPENDITURES TO OR FOR THE EXCLUSIVE BENEFIT OF FGCU OR A RESEARCH AND DEVELOPMENT PARK OR RESEARCH AND DEVELOPMENT AUTHORITY AFFILIATED WITH THE UNIVERSITY.
Program accomplishments
- CONTRACT FOR THE DESIGN AND CONSTRUCTION OF STUDENT RESIDENTIAL HOUSING AND RELATED PARKING. ISSUES BOND DEBT TO FINANCE SUCH CONSTRUCTION. ALSO THE PAYMENT OF VARIOUS OTHER SUPPORT FEES OF THE UNIVERSITY.Expenses $21,638,349
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 11-3685135
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T11)
- Assets (IRS master file)
- $175,707,780
- Income (IRS master file)
- $20,731,220
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $20,731,220 | $21,926,368 | $175,707,780 | XML |
| 990 | June 2024 | $19,225,027 | $23,681,314 | $184,581,339 | XML |
| 990 | June 2023 | $19,684,638 | $18,762,148 | $196,297,307 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3685135).
Questions about FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION
- What is the EIN of FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION?
- The employer identification number (EIN) of FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION is 11-3685135.
- Is FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION?
- The 990 for the year ended June 30, 2025 names DAVID VAZQUEZ.
- Who are the officers and directors of FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $20,731,220, expenses of $21,926,368 and total assets of $175,707,780 at year end.
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