Nonprofit · EIN 45-3218399
HABIB UNIVERSITY FOUNDATION US
Tax-exempt (reinstated) · NEW HAVEN, CT 06511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,088,757 | $1,176,476 | $912,281 | $8,733,258 | $39,690 | $8,693,568 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR AZRA RAZA | CHAIR Trustee or director, Officer | 1 | $0 |
| IMRAN HABIB | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| ARVID NELSON | SECRETARY/ TREASURER Trustee or director, Officer | 1 | $0 |
| SHOUKAT ALI DHANANI | DIRECTOR Trustee or director | 1 | $0 |
| TALIB DHANJI | DIRECTOR Trustee or director | 1 | $0 |
| SALEM IQBAL | DIRECTOR Trustee or director | 1 | $0 |
| RIZWAN QURESHI | DIRECTOR Trustee or director | 1 | $0 |
| IMRAN SHARIH | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR AZRA RAZA | CHAIR Trustee or director, Officer | 1 | $0 |
| IMRAN HABIB | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| ARVID NELSON | SECRETARY/ TREASURER Trustee or director, Officer | 1 | $0 |
| SHOUKAT ALI DHANANI | DIRECTOR Trustee or director | 1 | $0 |
| TALIB DHANJI | DIRECTOR Trustee or director | 1 | $0 |
| SALEEM IQBAL | DIRECTOR Trustee or director | 1 | $0 |
| IMRAN SHARIH | DIRECTOR 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,088,757 | $1,176,476 | $8,733,258 | XML |
| 990 | December 2023 | $1,981,113 | $426,565 | $7,797,233 | XML |
| 990 | December 2022 | $1,900,721 | $100,656 | $6,226,739 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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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