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Nonprofit · EIN 45-3218399

HABIB UNIVERSITY FOUNDATION US

Tax-exempt (reinstated) · NEW HAVEN, CT 06511

Financials

$2M$427K2023$2.1M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of HABIB UNIVERSITY FOUNDATION US by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,088,757$1,176,476$912,281$8,733,258$39,690$8,693,568
December 31, 2023990$1,981,113$426,565$1,554,548$7,797,233$15,946$7,781,287
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,651,042
Program service revenue
$0
Investment income
$437,715
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,073,003
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$8,192
Accounting fees
$51,968
Program services (functional)
$1,073,003
Management and general (functional)
$71,084
Fundraising (functional)
$32,389

Balance sheet and other

Total assets, start of year
$7,797,233
Total assets, end of year
$8,733,258
Total liabilities, end of year
$39,690
Net assets, end of year
$8,693,568
Net assets without donor restrictions
$2,081,704
Net assets with donor restrictions
$6,611,864
Gross receipts
$2,088,757
Employees
0
Volunteers
8
Year formed
2011
State of legal domicile
CT

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DR AZRA RAZACHAIR
Trustee or director, Officer
1$0
IMRAN HABIBVICE CHAIR
Trustee or director, Officer
1$0
ARVID NELSONSECRETARY/ TREASURER
Trustee or director, Officer
1$0
SHOUKAT ALI DHANANIDIRECTOR
Trustee or director
1$0
TALIB DHANJIDIRECTOR
Trustee or director
1$0
SALEM IQBALDIRECTOR
Trustee or director
1$0
RIZWAN QURESHIDIRECTOR
Trustee or director
1$0
IMRAN SHARIHDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
DR AZRA RAZACHAIR
Trustee or director, Officer
1$0
IMRAN HABIBVICE CHAIR
Trustee or director, Officer
1$0
ARVID NELSONSECRETARY/ TREASURER
Trustee or director, Officer
1$0
SHOUKAT ALI DHANANIDIRECTOR
Trustee or director
1$0
TALIB DHANJIDIRECTOR
Trustee or director
1$0
SALEEM IQBALDIRECTOR
Trustee or director
1$0
IMRAN SHARIHDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
113 LINDEN ST, NEW HAVEN, CT 06511-2424
Mailing address (990-N for 2017)
113 Linden Street, New Haven CT 06511
Principal officer (990 for 2024)
ARVID NELSON, 113 LINDEN STREET, NEW HAVEN, CT 06511
Principal officer (990-N for 2017)
Arvid Nelson, 113 Linden Street, New Haven CT 06511
Signed the 990
ARVID NELSON, SECRETARY/TREASURER
Phone
(203) 444-2692
Website
HUFUS.ORG
Return prepared by
LUTZ AND CARR CPAS LLP

Mission

HUFUS' MISSION IS TO SUPPORT HIGHER EDUCATION IN PAKISTAN THROUGH SUPPORT OF HABIB UNIVERSITY, PAKISTAN'S FIRST NOT-FOR-PROFIT, LIBERAL ARTS AND SCIENCES UNIVERSITY AND A UNIQUE EXAMPLE OF AMERICAN EDUCATION TRADITION AND QUALITY IN PAKISTAN. (CONTINUED ON SCHEDULE O) HABIB UNIVERSITY ALSO FOLLOWS U.S. PRACTICE IN OFFERING OPPORTUNITIES TO YOUNG MEN AND WOMEN OF EXCEPTIONAL PROMISE FROM DISADVANTAGED ECONOMIC BACKGROUNDS: SCHOLARSHIPS AND FINANCIAL AID ARE GRANTED TO 90% OF ITS STUDENTS.HUFUS BELIEVES THE EDUCATION OF YOUNG MEN AND WOMEN, PARTICULARLY THOSE FOR WHOM OPPORTUNITY AND HOPE HAVE TRADITIONALLY BEEN DENIED, IS ESSENTIAL TO BUILDING A STABLE AND LIBERAL SOCIETY IN PAKISTAN AND CRUCIAL TO PAKISTAN'S EMERGENCE AS A RELIABLE MEMBER OF THE INTERNATIONAL COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • HABIB UNIVERSITY FOUNDATION U.S. INC. ORGANIZES AND DEVELOPS PROGRAMS IN THE UNITED STATES OF AMERICA AND PAKISTAN CONCERNING EDUCATION AND RESEARCH IN PAKISTAN, INCLUDING ASSISTING IN THE DESIGN OF THE ACADEMIC STRUCTURE AND PROGRAMS OF HABIB UNIVERSITY AND FUNDING THE ENGAGEMENT OF HIGH QUALITY PROFESSORS AND LECTURERS FOR THE UNIVERSITY AND IN THIS REGARD WORKING TOGETHER WITH HABIB UNIVERSITY FOUNDATION IN PAKISTAN AND UNIVERSITIES IN THE UNITED STATES OF AMERICA. HUFUS CONTRIBUTES FINANCIALLY TOWARDS HELPING THE HABIB UNIVERSITY IN MEETING ITS OBJECTIVE OF PROVIDING SCHOLARSHIP AND FINANCIAL AID TO STUDENTS OF THE UNIVERSITY AS WELL AS TO HELP WITH THE OPERATING DEFICITS OF THE UNIVERSITY.
    Expenses $1,073,003 · grants $1,073,003

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-3218399
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$8,733,258
Income (IRS master file)
$2,088,757

Revocation and reinstatement

Exemption revoked
May 15, 2014
Posted by the IRS
May 19, 2015
Reinstated
Effective May 15, 2014

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,088,757$1,176,476$8,733,258XML
990December 2023$1,981,113$426,565$7,797,233XML
990December 2022$1,900,721$100,656$6,226,739IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2017
Officer: Arvid Nelson
December 31, 2017≤ $50,000 receipts––e-Postcard

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 45-3218399).

Questions about HABIB UNIVERSITY FOUNDATION US

What is the EIN of HABIB UNIVERSITY FOUNDATION US?
The employer identification number (EIN) of HABIB UNIVERSITY FOUNDATION US is 45-3218399.
Is HABIB UNIVERSITY FOUNDATION US tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2014 and reinstated it effective May 15, 2014.
Are donations to HABIB UNIVERSITY FOUNDATION US tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HABIB UNIVERSITY FOUNDATION US 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 HABIB UNIVERSITY FOUNDATION US due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HABIB UNIVERSITY FOUNDATION US last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HABIB UNIVERSITY FOUNDATION US?
The 990 for the year ended December 31, 2024 names ARVID NELSON.
Who are the officers and directors of HABIB UNIVERSITY FOUNDATION US?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does HABIB UNIVERSITY FOUNDATION US have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,088,757, expenses of $1,176,476 and total assets of $8,733,258 at year end.

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