2024-05-13T17:35:27+00:00 2023-06-30 990 2022-07-01 202865561 USF Financing Corporation USFF 8139747297 4202 East Fowler Avenue CGS 301 Tampa FL 336204301 Dawn M Rodriguez Executive Director 8139747297 2024-05-13 Dawn Rodriguez 999009999 true 2022 2023-04-26 12:10:37Z Dawn M Rodriguez 4202 East Fowler Avenue CGS 301 Tampa FL 336204301 16438237 false X www.usf.edu/treasurer X 2005 FL The Corporation was formed exclusively to receive, hold, invest and administer property for the benefit of the University of South Florida. The organization supports the University's educational purposes by providing facilities to members of the public, students, faculty and staff. 6 4 0 5 0 0 0 0 17440395 15050919 64522 1387318 0 0 17504917 16438237 0 0 0 0 0 0 0 0 0 13446775 13050434 13446775 13050434 4058142 3387803 360205097 371389607 338378808 346175515 21826289 25214092 X The Corporation was formed exclusively to receive, hold, invest and administer property and to make expenditures to or for the benefit of the University of South Florida (USF). The organization is a direct support organization of USF pursuant to Section 1004.28, Florida Statutes. The organization provides and constructs facilities for USF and assists in carrying out and supporting its educational purposes by providing access to such facilities to members of the public, the students, the faculty and the staff of USF. false true 9216765 11719046 The Corporation holds title to and manages the related outstanding debt for multiple facilities on behalf of University of South Florida Housing and Athletics auxiliary units. Facilities include multiple residence halls, a parking garage, a student center and multiple athletics facilities. Outstanding debt related to University of South Florida Housing, Marshall Student Center, and Athletics auxiliary units was $247,745,723 as of June 30, 2023. 2991982 3331873 The Corporation holds title to and manages the related outstanding debt for multiple facilities on behalf of University of South Florida component units, including University Medical Service Association, Inc., USF Health Professions Conferencing Corporation and USF Research Foundation, Inc. Facilities include various medical and research facilities. Outstanding debt related to the medical and research facilities was $81,055,849 as of June 30, 2023. 12208747 true false false false false false false false false false false false true true true true false false false false false false false false false false false false true true false false false false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false false false false X 6 4 false false false false true true true true true false false true true true true true true false false false FL X Dawn M Rodriguez 8139747297 4202 E Fowler Avenue CGS 301 Tampa FL 336204301 Erin S Aebel Director, Secretary/Treasurer 1.0 X X 0 0 0 Linda O Simmons Director, Chair 1.0 X X 0 0 0 Richard D Smith Director, Secretary/Treasurer 1.0 X X 0 0 0 Andrew J Mayts Director 1.0 X 0 0 0 Jose E Valiente Director 1.0 X 0 0 0 Rhea F Law Director, USF President 1.0 X 0 1127319 152413 Richard J Sobieray Director, USF Sr. Vice President 1.0 X 0 641298 38139 Dawn M Rodriguez Assistant Secretary 1.0 X 0 122202 17628 Fell L Stubbs Executive Director 10.0 X 0 216445 32004 Hilary Black Assistant Secretary 1.0 X 0 191023 30035 Nick J Trivunovich Former Director, Former USF Vice President 0.0 X 0 306078 23937 Steven C Currall Former Director, Former USF President 0.0 X 0 540521 34442 0 3144886 328598 0 true true false 0 0 0 0 0 0 0 0 0 University of South Florida Lease Revenue 611710 11719046 11719046 0 0 University Medical Service Association Revenue 611710 1989857 1989857 0 0 USF Health Professions Conferencing Corporation 611710 365133 365133 0 0 USF Research Foundation 611710 976883 976883 0 0 0 0 0 0 0 0 0 0 15050919 1387318 1387318 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16438237 16438237 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 806448 0 806448 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 50089 14850 35239 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11613687 11613687 0 0 0 0 0 0 0 0 0 0 580210 580210 0 0 0 0 0 0 13050434 12208747 841687 0 0 0 0 0 282761 4025106 47553786 67730279 0 0 705013 289013 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 311663537 299345209 360205097 371389607 7253075 5801950 0 0 0 0 236684752 253432309 0 0 0 0 88008760 83418293 0 0 6432221 3522963 338378808 346175515 21826289 25214092 0 0 0 0 0 0 0 0 21826289 25214092 360205097 371389607 3387803 0 0 0 0 0 X false true X true false X 0 0 0 0 0 0 17392693 19572734 13970818 17440395 15050919 83427559 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17392693 19572734 13970818 17440395 15050919 83427559 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 83427559 708217 444324 27589 64522 1387318 2631970 0 0 0 0 0 0 708217 444324 27589 64522 1387318 2631970 0 0 0 0 0 0 0 0 0 0 0 0 18100910 20017058 13998407 17504917 16438237 86059529 0.9694 0.9819 0.03 0.02 X Financing Receivable 295130877 Interest rate swap agreement (deferred outflow of resources) 3522963 Deferred losses on refunding of debt (deferred outflow of resources) 691369 299345209 0 Interest Rate Swap Payable 3522963 Gain on refunding of debt (deferred inflow) 0 3522963 X 16438237 0 0 0 0 0 16438237 0 0 0 16438237 13071112 0 0 0 20678 20678 13050434 0 0 0 13050434 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote At June 30, 2023, management has evaluated the recent technical merits of its tax positions in accordance with U.S. generally accepted accounting principles for accounting for uncertainty in income taxes, and determined that there are no positions that would have a material impact on the financial statements of the Financing Corporation. Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 - 20678 false true false false false false false false false Rhea F Law Director, USF President 0 621423 0 275000 0 230896 0 152116 0 297 0 1279732 0 0 Richard J Sobieray Director, USF Sr. Vice President 0 485778 0 154500 0 1020 0 16954 0 21185 0 679437 0 0 Fell L Stubbs Executive Director 0 216445 0 0 0 0 0 12148 0 19856 0 248449 0 0 Hilary Black Assistant Secretary 0 191023 0 0 0 0 0 10179 0 19856 0 221058 0 0 Nick J Trivunovich Former Director, Former USF Vice President 0 167637 0 0 0 138441 0 12230 0 11707 0 330015 0 0 Steven C Currall Former Director, Former USF President 0 540521 0 0 0 0 0 14586 0 19856 0 574963 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan The individual listed below participated in a supplemental non-qualified deferred compensation plan. During calendar year 2022, contributions related to such plan were made for the following individual. The amount is included on Schedule J, Part II, Column C: Rhea Law - $131,000 There were no distributions out of such plan during calendar year 2022. A USF Financing Corporation (Series 2018 & 2019) 202865561 90341UEQ1 2019-01-16 48754740 Construct new housing facility and fund escrow account for current refunding. false false false B USF Financing Corporation (Series 2012B) 202865561 000000000 2012-10-01 68975000 Refund prior obligations. false false false C USF Financing Corporation (Series 2015 MSC) 202865561 90343SAW5 2015-05-06 35769701 Refund prior obligations false false false D USF Financing Corporation (Series 2015A & 2012A) 202865561 90341UDR0 2015-05-06 114052203 Refund prior obligations false false false A 16428741 0 49358588 0 2010167 0 393153 0 0 30475325 51202 0 2020 false true true true B 68975000 0 68975000 0 0 0 0 0 0 0 0 0 2009 true false true true C 0 35517441 35769701 0 0 0 243207 0 0 0 9053 0 2008 true false true true D 113820819 0 114052203 0 0 0 209670 0 0 0 21714 0 2006 true false true true A false false true true false 0.0 0.0 0.0 false false true B false true true true false 0.012 0.0 0.012 false false true C false true true true false 0.0 0.0 0.0 false false true D false true true true false 0.005 0.0 0.005 false false true A false false false true false false false false true B false false true true true true Royal Bank of Canada 30.0 false false false false true C false false false true false false false false true D false false false true false false false false true A true B true C true D true Schedule K, Part I The issuer, USF Financing Corporation, is a Florida not for profit corporation created and controlled by the University of South Florida and organized and operated exclusively for the benefit of the University of South Florida. The Financing Corporation was established by the University to facilitate the long-term financing of various capital projects undertaken at the request of and for the benefit of the University and has been certified by the University Board of Trustees as a "University Direct Support Organization" as defined in Section 1004.28, Florida Statutes. Thus, the USF Financing Corporation issues governmental bonds as evidenced by filing Form 8038-G and as indicated in its tax/arbitrage certificates. Schedule K, Part I, Column (e) K(1) Bond Issue A (Series 2018&2019) The difference between the Issue Price in Part I (e) and the Total Proceeds in Part II, Line 3, is due to investment earnings. Schedule K, Part I, Column (f) K(1) Bond Issue A (Series 2018 & 2019) Construct new housing facility and fund escrow account for current refunding. $32,325,999 in bond proceeds is being used to construct a new student housing facility on the USF St. Petersburg campus. $16,428,741 in bond proceeds were placed in a refunding escrow account to currently refund the outstanding $15,140,000 Series 2010B Certificates of Participation and to pay the remaining interest payments due through 07/01/2020. The Series 2010B Certificates were issued on 12/23/2010 (90341U CH3) and were used to construct a multi-use student housing and student center on USF's St. Petersburg campus. Schedule K, Part I, Column (f) K(1) Bond Issue B (Series 2012B) Bond proceeds were used to currently refund the $68,975,000 outstanding Series 2007 Certificates of Participation issued 9/25/2007 (90341U BT8) Schedule K, Part III, Line 3a K(1) Bond Issues A, B, C, D, K(2) Bond Issues A, B, C Service contracts are limited to incidental (less than 2.5%) activity, such as laundry machines for student use and snack/vending machines. Schedule K, Part III K(1) Bond Issues A, B, C, D, K(2) B, C - Line 2, 3a Management contracts are limited to qualifying management agreements (meet safe harbor regulations). Schedule K, Part III K(1) Bond Issues A, B, C, D, K(2) Bond Issues A, B, C - Line 4, 5 Excludes contracts/agreements falling under safe harbor regulations or those private business users / activities occurring in portions of the property financed with equity funds. As stated above, while USF Financing Corporation is a 501(c)(3), it is deemed an instrumentality of a government and, as such, issues governmental bonds. Thus, costs of issuance are not treated as 100% private use, but rather the private use percentage would be equal to the weighted average private use percentage of the projects financed by the issue. Schedule K, Part IV, Line 2c K(1) Bond Issue A (Series 2018& 2019) Rebate computation not due until 01/16/2024; however, a preliminary rebate computation was prepared at the completion of the project as of 01/16/2021 and determined that no rebate was due. Final rebate computation for the Series 2010B Certificates was performed through refunding date of 07/01/2020 and determined no rebate was due. Schedule K, Part IV, Line 2c K(1) Bond Issue B (Series 2012B) Rebate computation performed through 10/01/2022; next computation due 10/01/2027. Final rebate computation for refunded bonds (Series 2007) performed through refunding date of 10/01/2012 Schedule K, Part I, Column (f) K(1) Bond Issue D (Series 2015A and 2012A) Series 2015A bond proceeds were used to currently refund the $26,120,819 outstanding Series 2005A Certificates of Participation issued 05/25/2005 (90341U AT9). Proceeds from the Series 2005A Certificates were used to retire the Series 1996A bonds issued 02/25/1997 by the Florida Division of Bond Finance, and to refund (with the Series 2005B Certificates issued at the same time, now the Series 2012A Certificates, see below) the following bonds originally issued by the USF Foundation, Inc.: Series 1999 bonds issued 01/13/1999, Series 2000 bonds issued 01/19/2000, Series 2002 bonds issued 04/03/2002, and Series 2003 bonds issued 03/06/2003. Series 2012A Refunding bond proceeds were used to currently refund the $87,243,846 outstanding Series 2012A Certificates of Participation issued 10/01/2012 (Direct bank placements, no CUSIP), of which proceeds were used to currently refund the $89,125,000 outstanding Series 2005B Certificates of Participation issued 05/25/2005 (90341U AU6). Proceeds from the Series 2005B Certificates were used to construct student housing facilities on USF's St. Petersburg campus, and also to retire/defease (with the Series 2005A Certificates issued at the same time, now the Series 2015A Certificates, see above) the following bonds originally issued by the USF Foundation, Inc.: Series 1999 bonds issued 01/13/1999, Series 2000 bonds issued 01/19/2000, Series 2002 bonds issued 04/03/2002, and Series 2003 bonds issued 03/06/2003. Schedule K, Part II, Line 7 K(1) Bond Issues A, C and D, K(2) Bond Issue C Reflects actual costs of issuance. Schedule K, Part II, Line 11 K(1) Bond Issues A, C and D Other Spent Proceeds include excess funds remaining due to issuance costs being lower than budgeted and have been used to pay down debt service. Schedule K, Part III K(1) Bond Issues A, C and D, K(2) Bond Issues A, B, C K(1) Bond Issues A, C and D (2018&2019, 2015 MSC, 2015A&2012A), and K(2) Bond Issues A, B and C (2018A&B, 2018 CAMLS, 2022) each had substantial equity contributions to the total cost of the Projects being financed. Equity was first allocated to space leased by Private Business users / activities. All Bond Issues - certain lease/service agreements are limited to incidental (less than 2.5%) activity such as laundry machines for student use and snack/vending machines. Schedule K, Part IV, Line 2c K(1) Bond Issue C (Series 2015 MSC) Rebate computation performed through 05/06/2020; next rebate computation due 05/06/2025. Refunded bonds (Series 2005C) - Final rebate computation performed through refunding date of 07/01/2015. Schedule K, Part IV, Line 2c K(1) Bond Issue D (Series 2015A and 2012A) Series 2015A rebate computation performed through 05/06/2020; next rebate computation due upon maturity on 07/01/2023. Refunded bonds (Series 2005A) - Final rebate computation performed through refunding date of 05/06/2015. Series 2012A rebate computation performed through 05/06/2020; next rebate computation due 05/06/2025. Refunded bonds (Series 2005B) - Final rebate computation performed through refunding date of 05/06/2015. Schedule K, Part IV, Line 2c K(2) Bond Issue A (Series 2018A&B) First rebate computation due 08/31/2025 Refunded bonds - Final rebate computations performed through refunding date of 08/31/2020. Schedule K, Part IV, Line 2c K(2) Bond Issue B (Series 2018 CAMLS) First rebate computation due 08/31/2025 Refunded bonds - Final rebate computations performed through refunding date of 08/31/2020. Schedule K, Part I, Column (f) K(1) Bond Issue C Series 2015 (MSC) Bond proceeds were used to currently refund the $35,517,441 outstanding Series 2005C Certificates of Participation issued 01/19/2006 (90341U BR2) Schedule K, Part I, Column (e) K(2) Bond Issue C (Series 2022) The difference between the issue price in Part I(e) and the total proceeds in Part II, Line 3, is due to investment earnings. These earnings are not reported in Part VIII, Line 4 of the Form 990 due to accounting for a financing lease transaction. Schedule K, Part IV, Line 2c COLUMN A Issuer name: USF Financing Corporation (Series 2018 & 2019) The calculation for computing no rebate due was performed on 01/16/2021 Schedule K, Part IV, Line 2c COLUMN B Issuer name: USF Financing Corporation (Series 2012B) The calculation for computing no rebate due was performed on 10/01/2022 Schedule K, Part IV, Line 2c COLUMN C Issuer name: USF Financing Corporation (Series 2015 MSC) The calculation for computing no rebate due was performed on 06/25/2020 Schedule K, Part IV, Line 2c COLUMN D Issuer name: USF Financing Corporation (Series 2015A & 2012A) The calculation for computing no rebate due was performed on 06/26/2020 A USF Financing Corporation (Series 2018A&B) 202865561 000000000 2020-08-31 16197868 Refund prior obligations false false false B USF Financing Corporation (Series 2018 CAMLS) 202865561 000000000 2020-08-31 13857941 Refund prior obligations false false false C USF Financing Corporation (Series 2022) 202865561 90341UFQ0 2022-10-31 29998953 Construct new housing and student center facility false false false A 16197868 0 16197868 0 0 0 0 0 0 0 0 0 2011 true false true true B 13857941 0 13857941 0 0 0 0 0 0 0 0 0 2012 true false true true C 0 0 30720106 0 2466625 0 254263 0 0 5912348 0 22086870 2024 false false false true A false false true true false 0.0 0.0 0.0 false false true B false true true true false 0.0 0.0 0.0 false false true C false false false false 0.0 0.0 0.0 false false true A false true false false false false false false true B false true false false false false false false true C false true false false false false false false true A true B true C true Form 990, Part III, Line 3 Significant changes in program services THE CORPORATION PREVIOUSLY ENTERED INTO A SUBSCRIPTION AGREEMENT WITH A FLORIDA FOR-PROFIT CORPORATION, WHEREBY THE CORPORATION SUBSCRIBED FOR AND PURCHASED FIVE HUNDRED SHARES OF COMMON STOCK. THE ACQUISITION OF SHARES WAS FOR INVESTMENT PURPOSES ONLY AND NOT FOR RESALE OR DISTRIBUTION. THE CORPORATION RECEIVED OPINIONS FROM ITS BOND COUNSEL AND TAX COUNSEL EXPRESSING THAT THE CORPORATION IS PERMITTED TO OWN 50% INTEREST IN THE FOR-PROFIT CORPORATION AND THAT HOLDING 50% INTEREST WILL NOT CONFLICT WITH OR CAUSE A BREACH UNDER THE COVENANTS OR AGREEMENTS WHICH ARE CONTAINED IN THE CORPORATION'S BOND DOCUMENTS. ALL OF THE FOR-PROFIT CORPORATION'S ACTIVITIES ARE DEEMED TO BE SUBSTANTIALLY RELATED TO THE CORPORATION'S TAX-EXEMPT PURPOSE. THE SUBSCRIPTION AGREEMENT WAS TERMINATED DURING THE FISCAL YEAR ENDING JUNE 30, 2022. THE CORPORATION WROTE OFF THE EQUITY INVESTMENT, WHICH RESULTED IN A GAIN. NO FURTHER TRANSACTIONS OCCURRED AND THE ORGANIZATION CEASED CONDUCTING THIS PROGRAM. Form 990, Part VI, Line 6 Classes of members or stockholders THE BUSINESS, PROPERTY, AFFAIRS AND FUNDS OF THE CORPORATION ARE MANAGED, SUPERVISED AND CONTROLLED BY ITS BOARD OF DIRECTORS SUBJECT ONLY TO APPLICABLE LAW AND LIMITATIONS CONTAINED IN THE ARTICLES OF INCORPORATION AND BYLAWS AND THE POWERS AND DUTIES OF THE UNIVERSITY OF SOUTH FLORIDA BOARD OF TRUSTEES AND THE PRESIDENT OR DESIGNEE. THE BOARD OF DIRECTORS HAS THE AUTHORITY TO ADOPT POLICY FOR THE CORPORATION, CONSISTENT WITH THE ARTICLES OF INCORPORATION AND BYLAWS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The University President or designee has the following specific powers and duties with regard to the Corporation: (a) to monitor and control the use of University resources by the Corporation; (b) to control the use of the University name by the Corporation; (c) to monitor compliance of the Corporation with federal and state laws; (d) to recommend to the Board of Directors an annual budget of the Corporation; and (e) to review and approve quarterly expenditure plans of the Corporation. Also, the directors of the Corporation are appointed as follows: (a) One director is appointed by the Chair of the University Board of Trustees; (b) one director is the University President or designee; (c) one director is the University Chief Financial Officer or designee; (d) up to four additional directors, once appointed and approved by the University Board of Trustees, may be elected at the annual meeting by the then current members of the Board of Directors; and (e) except as set forth in (a) and (b) above, the University Board of Trustees shall approve all appointments to the Board of Directors. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The University President or designee has the following specific powers and duties with regard to the Corporation: (a) to monitor and control the use of University resources by the Corporation; (b) to control the use of the University name by the Corporation; (c) to monitor compliance of the Corporation with federal and state laws; (d) to recommend to the Board of Directors an annual budget of the Corporation; and (e) to review and approve quarterly expenditure plans of the Corporation. Also, the directors of the Corporation are appointed as follows: (a) One director is appointed by the Chair of the University Board of Trustees; (b) one director is the University President or designee; (c) one director is the University Chief Financial Officer or designee; (d) up to four additional directors, once appointed and approved by the University Board of Trustees, may be elected at the annual meeting by the then current members of the Board of Directors; and (e) except as set forth in (a) and (b) above, the University Board of Trustees shall approve all appointments to the Board of Directors. Form 990, Part VI, Line 11b Review of form 990 by governing body The Corporation provided a copy of the final Form 990 to each board member prior to it being filed. Each board member was asked to review the Form 990 and send any comments or questions to the Executive Director. Form 990, Part VI, Line 12c Conflict of interest policy The Corporation requires that its board members and officers complete and sign a conflict of interest policy statement annually. The Corporation Executive Director reviews each of the policy statements to determine if any conflicts of interest are present. The policy statements are filed in the Corporation's records. Form 990, Part VI, Line 19 Required documents available to the public The Corporation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request by mail or e-mail, and many documents are also made available on the University of South Florida website. Form 990, Part I - Part XII As a result of the Florida Excellence in Higher Education Act of 2018, applicable to all universities within the State University System (SUS) of Florida, the university boards of trustees must approve all appointments to the boards of directors of any university direct support organization. Form 990, Part VI, Line 15 Process for Determining Compensation The Corporation does not have a formal process for determining compensation as it does not compensate any of its board members and its Executive Director is compensated through a related party (the University of South Florida). FORM 990, Part VIII, Line 4 Income from investment of tax-exempt bond proceeds Income from investment of tax-exempt bond proceeds equaled $721,154 in the fiscal year ending June 30, 2023. These earnings are not reported in Part VIII, Line 4 of the Form 990 due to accounting for a financing lease transaction. The University of South Florida Board of Trustees 4202 E Fowler Avenue Tampa FL 33620 593102112 Education FL 501(c)(1) NA false USF Property Corporation 4202 E Fowler Avenue CGS 401 Tampa FL 336204401 202878274 Support USF Financing Corporation FL 501(c)(3) 10 USF Financing Corporation true University Medical Service Association Inc 12901 Bruce B Downs Blvd Tampa FL 33612 237313346 Support the University of South Florida's College of Medicine in research and education. FL 501(c)(3) 5 USF BOARD OF TRUSTEES false USF Health Professions Conferencing Corporation 124 S Franklin Street Tampa FL 33602 161765073 Provides health care students and professionals with simulation training and education FL 501(c)(3) Type I USF BOARD OF TRUSTEES false USF Research Foundation Inc 3802 Spectrum Boulevard Tampa FL 33612 592959590 To promote, encourage and enhance research activities at the University of South Florida. FL 501(c)(3) Type I USF BOARD OF TRUSTEES false University of South Florida Foundation 4202 East Fowler Avenue ALC 100 Tampa FL 33620 590879015 To accept, invest and distribute private gifts in support of the University of South Florida FL 501(c)(3) 7 USF BOARD OF TRUSTEES false USF Alumni Association 4202 E Fowler Ave Tampa FL 33620 237357236 Alumni Relations FL 501(c)(3) Type III-FI USF Board of Trustees false UNIVERSITY OF SOUTH FLORIDA INSTITUTE OF APPLIED ENGINEERING 4202 E Fowler Ave Tampa FL 33620 831012625 EDUCATION FL 501(c)(3) Type I USF BOARD OF TRUSTEES false USF Sun Dome Inc 4202 E FOWLER AVE ATH 100 SUN 1 TAMPA FL 336209951 592051855 OPERATES A MULTI-PURPOSE FACILITY AT USF FL 501(c)(3) 10 USF BOARD OF TRUSTEES false false false false false false false false false false true true true true true false true true true true Schedule R, Part V, Line 2 (1) (a) USF Property Corporation is a controlled entity of the USF Financing Corporation - less than $50,000 of transactions