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Employer Identification Number 59-3518156

FACULTY ASSOCIATES INCORPORATED is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:FACULTY ASSOCIATES INCORPORATED
Employer identification number (EIN):59-3518156
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE CORPORATION IS ORGANIZED EXCLUSIVELY TO SUPPORT THE SERVICE, TEACHING AND RESEARCH MISSION AND GOALS OF THE UNIVERSITY OF FLORIDA AND ITS J. HILLIS MILLER HEALTH CENTER AND THE COLLEGE OF DENTISTRY, ALL AS DETERMINED BY THE UNIVERSITY OF FLORIDA BOARD OF TRUSTEES, AND IT SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES AND NOT FOR PECUNIARY PROFIT.
Number of Employees0
Number of Volunteers8
Year Formed1998

Organization Governance

Legal DomicileFL
Voting Members - Governing Body7
Voting Members - Independent0

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 29,765,015
Program Service Revenue from current yearUSD $ 31,945,936
Investment Income from prior yearUSD $ 31,453
Investment Income from current yearUSD $ 690,568
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 32,636,504
Net assets / fund balances at end of fiscal yearUSD $ 29,603,092
Net assets / fund balances at beginning of fiscal yearUSD $ 24,264,031
Total liabilities at end of fiscal yearUSD $ 499,074
Total liabilities at beginning of fiscal yearUSD $ 400,823
Total assets at end of fiscal yearUSD $ 30,102,166
Total assets at beginning of fiscal yearUSD $ 24,664,854
Revenues less expenses for current yearUSD $ 5,339,061
Revenues less expenses for previous yearUSD $ 6,260,153
Total expenses for current yearUSD $ 27,297,443
Total expenses for previous yearUSD $ 23,536,315
Other expenses in current yearUSD $ 4,527,443
Other expenses in previous yearUSD $ 3,336,315
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 22,770,000
Grants and similar amounts paid in previous yearUSD $ 20,200,000
Total revenue in current fiscal yearUSD $ 32,636,504
Total revenue in previous fiscal yearUSD $ 29,796,468
Contributions and grants from current yearUSD $ 0
2022-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 24,119,246
Program Service Revenue from current yearUSD $ 29,765,015
Investment Income from prior yearUSD $ 20,792
Investment Income from current yearUSD $ 31,453
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 29,796,468
Net assets / fund balances at end of fiscal yearUSD $ 24,264,031
Net assets / fund balances at beginning of fiscal yearUSD $ 18,003,878
Total liabilities at end of fiscal yearUSD $ 400,823
Total liabilities at beginning of fiscal yearUSD $ 350,963
Total assets at end of fiscal yearUSD $ 24,664,854
Total assets at beginning of fiscal yearUSD $ 18,354,841
Revenues less expenses for current yearUSD $ 6,260,153
Revenues less expenses for previous yearUSD $ 676,750
Total expenses for current yearUSD $ 23,536,315
Total expenses for previous yearUSD $ 23,463,288
Other expenses in current yearUSD $ 3,336,315
Other expenses in previous yearUSD $ 2,743,536
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 20,200,000
Grants and similar amounts paid in previous yearUSD $ 20,719,752
Total revenue in current fiscal yearUSD $ 29,796,468
Total revenue in previous fiscal yearUSD $ 24,140,038
Contributions and grants from current yearUSD $ 0
2021-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 19,049,968
Program Service Revenue from current yearUSD $ 24,119,246
Investment Income from prior yearUSD $ 4,222
Investment Income from current yearUSD $ 20,792
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 24,140,038
Net assets / fund balances at end of fiscal yearUSD $ 18,003,878
Net assets / fund balances at beginning of fiscal yearUSD $ 17,327,128
Total liabilities at end of fiscal yearUSD $ 350,963
Total liabilities at beginning of fiscal yearUSD $ 308,214
Total assets at end of fiscal yearUSD $ 18,354,841
Total assets at beginning of fiscal yearUSD $ 17,635,342
Revenues less expenses for current yearUSD $ 676,750
Revenues less expenses for previous yearUSD $ -4,954,909
Total expenses for current yearUSD $ 23,463,288
Total expenses for previous yearUSD $ 24,009,099
Other expenses in current yearUSD $ 2,743,536
Other expenses in previous yearUSD $ 1,979,099
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 20,719,752
Grants and similar amounts paid in previous yearUSD $ 22,030,000
Total revenue in current fiscal yearUSD $ 24,140,038
Total revenue in previous fiscal yearUSD $ 19,054,190
Contributions and grants from current yearUSD $ 0
2020-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 23,283,108
Program Service Revenue from current yearUSD $ 19,049,968
Investment Income from prior yearUSD $ 3,628
Investment Income from current yearUSD $ 4,222
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 19,054,190
Net assets / fund balances at end of fiscal yearUSD $ 17,327,128
Net assets / fund balances at beginning of fiscal yearUSD $ 22,282,037
Total liabilities at end of fiscal yearUSD $ 308,214
Total liabilities at beginning of fiscal yearUSD $ 297,214
Total assets at end of fiscal yearUSD $ 17,635,342
Total assets at beginning of fiscal yearUSD $ 22,579,251
Revenues less expenses for current yearUSD $ -4,954,909
Revenues less expenses for previous yearUSD $ 2,763,719
Total expenses for current yearUSD $ 24,009,099
Total expenses for previous yearUSD $ 20,523,017
Other expenses in current yearUSD $ 1,979,099
Other expenses in previous yearUSD $ 2,999,017
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 22,030,000
Grants and similar amounts paid in previous yearUSD $ 17,524,000
Total revenue in current fiscal yearUSD $ 19,054,190
Total revenue in previous fiscal yearUSD $ 23,286,736
Contributions and grants from current yearUSD $ 0
2019-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 22,572,840
Program Service Revenue from current yearUSD $ 23,283,108
Investment Income from prior yearUSD $ 3,580
Investment Income from current yearUSD $ 3,628
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 23,286,736
Net assets / fund balances at end of fiscal yearUSD $ 22,282,037
Net assets / fund balances at beginning of fiscal yearUSD $ 19,518,318
Total liabilities at end of fiscal yearUSD $ 297,214
Total liabilities at beginning of fiscal yearUSD $ 312,149
Total assets at end of fiscal yearUSD $ 22,579,251
Total assets at beginning of fiscal yearUSD $ 19,830,467
Revenues less expenses for current yearUSD $ 2,763,719
Revenues less expenses for previous yearUSD $ 3,641,571
Total expenses for current yearUSD $ 20,523,017
Total expenses for previous yearUSD $ 18,934,849
Other expenses in current yearUSD $ 2,999,017
Other expenses in previous yearUSD $ 2,539,849
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 17,524,000
Grants and similar amounts paid in previous yearUSD $ 16,395,000
Total revenue in current fiscal yearUSD $ 23,286,736
Total revenue in previous fiscal yearUSD $ 22,576,420
Contributions and grants from current yearUSD $ 0
2018-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 22,065,812
Program Service Revenue from current yearUSD $ 22,572,840
Investment Income from prior yearUSD $ 3,327
Investment Income from current yearUSD $ 3,580
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 22,576,420
Net assets / fund balances at end of fiscal yearUSD $ 19,518,318
Net assets / fund balances at beginning of fiscal yearUSD $ 15,876,747
Total liabilities at end of fiscal yearUSD $ 312,149
Total liabilities at beginning of fiscal yearUSD $ 243,070
Total assets at end of fiscal yearUSD $ 19,830,467
Total assets at beginning of fiscal yearUSD $ 16,119,817
Revenues less expenses for current yearUSD $ 3,641,571
Revenues less expenses for previous yearUSD $ 3,381,410
Total expenses for current yearUSD $ 18,934,849
Total expenses for previous yearUSD $ 18,687,729
Other expenses in current yearUSD $ 2,539,849
Other expenses in previous yearUSD $ 2,512,729
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 16,395,000
Grants and similar amounts paid in previous yearUSD $ 16,175,000
Total revenue in current fiscal yearUSD $ 22,576,420
Total revenue in previous fiscal yearUSD $ 22,069,139
Contributions and grants from current yearUSD $ 0
2017-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 21,538,048
Program Service Revenue from current yearUSD $ 22,065,812
Investment Income from prior yearUSD $ 3,582
Investment Income from current yearUSD $ 3,327
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 22,069,139
Net assets / fund balances at end of fiscal yearUSD $ 15,876,747
Net assets / fund balances at beginning of fiscal yearUSD $ 12,495,337
Total liabilities at end of fiscal yearUSD $ 243,070
Total liabilities at beginning of fiscal yearUSD $ 258,156
Total assets at end of fiscal yearUSD $ 16,119,817
Total assets at beginning of fiscal yearUSD $ 12,753,493
Revenues less expenses for current yearUSD $ 3,381,410
Revenues less expenses for previous yearUSD $ 3,699,344
Total expenses for current yearUSD $ 18,687,729
Total expenses for previous yearUSD $ 17,842,286
Other expenses in current yearUSD $ 2,512,729
Other expenses in previous yearUSD $ 2,151,285
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 16,175,000
Grants and similar amounts paid in previous yearUSD $ 15,691,001
Total revenue in current fiscal yearUSD $ 22,069,139
Total revenue in previous fiscal yearUSD $ 21,541,630
Contributions and grants from current yearUSD $ 0
2016-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 20,905,141
Program Service Revenue from current yearUSD $ 21,538,048
Investment Income from prior yearUSD $ 3,871
Investment Income from current yearUSD $ 3,582
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 21,541,630
Net assets / fund balances at end of fiscal yearUSD $ 12,495,337
Net assets / fund balances at beginning of fiscal yearUSD $ 8,795,993
Total liabilities at end of fiscal yearUSD $ 258,156
Total liabilities at beginning of fiscal yearUSD $ 137,772
Total assets at end of fiscal yearUSD $ 12,753,493
Total assets at beginning of fiscal yearUSD $ 8,933,765
Revenues less expenses for current yearUSD $ 3,699,344
Revenues less expenses for previous yearUSD $ 2,870,902
Total expenses for current yearUSD $ 17,842,286
Total expenses for previous yearUSD $ 18,038,110
Other expenses in current yearUSD $ 2,151,285
Other expenses in previous yearUSD $ 1,971,110
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 15,691,001
Grants and similar amounts paid in previous yearUSD $ 16,067,000
Total revenue in current fiscal yearUSD $ 21,541,630
Total revenue in previous fiscal yearUSD $ 20,909,012
Contributions and grants from current yearUSD $ 0
2015-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 19,344,781
Program Service Revenue from current yearUSD $ 20,905,141
Investment Income from prior yearUSD $ 3,913
Investment Income from current yearUSD $ 3,871
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 20,909,012
Net assets / fund balances at end of fiscal yearUSD $ 8,795,993
Net assets / fund balances at beginning of fiscal yearUSD $ 5,925,091
Total liabilities at end of fiscal yearUSD $ 137,772
Total liabilities at beginning of fiscal yearUSD $ 112,471
Total assets at end of fiscal yearUSD $ 8,933,765
Total assets at beginning of fiscal yearUSD $ 6,037,562
Revenues less expenses for current yearUSD $ 2,870,902
Revenues less expenses for previous yearUSD $ 2,403,098
Total expenses for current yearUSD $ 18,038,110
Total expenses for previous yearUSD $ 16,945,596
Other expenses in current yearUSD $ 1,971,110
Other expenses in previous yearUSD $ 1,715,596
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 16,067,000
Grants and similar amounts paid in previous yearUSD $ 15,230,000
Total revenue in current fiscal yearUSD $ 20,909,012
Total revenue in previous fiscal yearUSD $ 19,348,694
Contributions and grants from current yearUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 593518156

USA Mailing Address
1600 SW ARCHER ROAD
GAINESVILLE
FL
326100405
Date first seen: 2013-02-13
Date last seen: 2024-01-16

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