2025-05-14T17:44:08-05:00 2024-06-30 350921680 CROWE LLP 401 E LAS OLAS BLVD SUITE 1100 FORT LAUDERDALE FL 333014230 990 2023-07-01 202865561 USF FINANCING CORPORATION USFF 8139747297 4202 EAST FOWLER AVENUE CGS 301 TAMPA FL 336204301 DAWN RODRIGUEZ EXECUTIVE DIRECTOR 8139747297 2025-05-14 1 0 BRITTNEY KOCAJ P01320603 9542028600 2025-05-14 2023 2025-03-06 01:10:19Z DAWN M RODRIGUEZ 4202 EAST FOWLER AVENUE CGS 301 TAMPA FL 336204301 25584748 0 X HTTPS://WWW.USF.EDU/BUSINESS-FINANCE/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 4 0 0 0 0 15050919 22263150 1387318 3321598 0 0 16438237 25584748 0 0 0 0 0 0 0 0 0 13050434 23560796 13050434 23560796 3387803 2023952 371389607 558378257 346175515 530920566 25214092 27457691 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. 0 0 20786200 0 22263150 THE CORPORATION HOLDS TITLE TO AND MANAGES THE RELATED OUTSTANDING DEBT FOR MULTIPLE FACILITIES ON BEHALF OF UNIVERSITY OF SOUTH FLORIDA ("USF") HOUSING AND ATHLETICS AUXILIARY UNITS. THESE FACILITIES INCLUDE MULTIPLE RESIDENCE HALLS, A PARKING GARAGE, A STUDENT CENTER, AND MULTIPLE ATHLETICS FACILITIES. THE CORPORATION ALSO HOLDS TITLE TO AND MANAGES THE RELATED OUTSTANDING DEBT FOR MULTIPLE FACILITIES ON BEHALF OF USF COMPONENT UNITS, INCLUDING UNIVERSITY MEDICAL SERVICE ASSOCIATION, INC., USF HEALTH PROFESSIONS CONFERENCING CORPORATION AND USF RESEARCH FOUNDATION, INC. THESE FACILITIES INCLUDE VARIOUS MEDICAL AND RESEARCH FACILITIES. 20786200 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 FL X DAWN M RODRIGUEZ 8139747297 4202 E FOWLER AVENUE CGS 301 TAMPA FL 336204301 LINDA O SIMMONS DIRECTOR, CHAIR 1.00 1.00 X X 0 0 0 ERIN S AEBEL DIRECTOR, SECRETARY/TREASURER 1.00 1.00 X X 0 0 0 JOSE E VALIENTE DIRECTOR 1.00 1.00 X 0 0 0 ANDREW J MAYTS DIRECTOR 1.00 1.00 X 0 0 0 RHEA F LAW DIRECTOR, USF PRESIDENT 1.00 39.00 X 0 1057950 153036 JENNIFER CONDON DIRECTOR, USF CFO (BEG OCT 2023) 1.00 39.00 X 0 292528 36097 RICHARD J SOBIERAY DIR,USF SVP BUS/FIN(THRU OCT 2023) 1.00 39.00 X 0 608736 36071 FELL L STUBBS SPEC ADV, EXEC DIR(THRU MARCH 2024) 10.00 30.00 X 0 228284 34195 HILARY BLACK ASST. SECRETARY 1.00 39.00 X 0 214206 30616 DAWN M RODRIGUEZ EXECUTIVE DIRECTOR (BEG MARCH 2024) 10.00 30.00 X 0 126187 18998 0 2527891 309013 0 0 1 0 0 X USF LEASE REVENUE 611710 19112595 19112595 MED SERV ASSOC REVENUE 611710 1825096 1825096 RESEARCH FOUNDATION 611710 981039 981039 HLTH PROF CONFERENCING 611710 344420 344420 22263150 3321598 3321598 25584748 22263150 0 3321598 1395873 1395873 1396833 18110 1378723 20078147 20078147 689943 689943 23560796 20786200 2774596 0 4025106 3940472 67730279 51110217 289013 2211083 198851701 299345209 302264784 371389607 558378257 5801950 6929359 253432309 240791429 83418293 278672287 3522963 4527491 346175515 530920566 X 0 0 0 0 25214092 27457691 25214092 27457691 371389607 558378257 2023952 219647 0 X 0 1 X 1 0 X 19572734 13970818 17440395 15050919 22263150 88298016 19572734 13970818 17440395 15050919 22263150 88298016 0 0 0 88298016 444324 27589 64522 1387318 3321598 5245351 444324 27589 64522 1387318 3321598 5245351 20017058 13998407 17504917 16438237 25584748 93543367 0.94390 0.96940 0.05610 0.03000 X 0 FINANCING RECEIVABLE DUE FROM AFFILIATES 299218996 INTEREST RATE SWAP AGREEMENT 2502077 DEFERRED LOSSES ON REFUNDING OF DEBT 543711 302264784 INTEREST RATE SWAP LIABILITY 2502077 DUE TO RELATED PARTIES 2025414 4527491 X 24408522 219647 219647 24188875 1395873 1395873 25584748 22164923 0 22164923 1395873 1395873 23560796 PART X, LINE 2: THE FINANCING CORPORATION AND PROPERTY CORPORATION HAVE BEEN GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(A) AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. AT JUNE 30, 2024, MANAGEMENT HAS EVALUATED THE RELEVANT 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. 0 1 0 0 0 0 0 0 0 RHEA F LAW DIRECTOR, USF PRESIDENT 0 640177 0 300000 0 117773 0 152731 0 305 0 1210986 0 0 RICHARD J SOBIERAY DIR,USF SVP BUS/FIN(THRU OCT 2023) 0 507716 0 100000 0 1020 0 14209 0 21862 0 644807 0 0 JENNIFER CONDON DIRECTOR, USF CFO (BEG OCT 2023) 0 276508 0 15000 0 1020 0 14329 0 21768 0 328625 0 0 FELL L STUBBS SPEC ADV, EXEC DIR(THRU MARCH 2024) 0 220784 0 7500 0 0 0 14339 0 19856 0 262479 0 0 HILARY BLACK ASST. SECRETARY 0 202206 0 12000 0 0 0 10760 0 19856 0 244822 0 0 PART I, LINE 1A USF FINANCING CORPORATION RELIES ON A RELATED ORGANIZATION TO ESTABLISH TOP MANAGEMENT OFFICIAL COMPENSATION. THE RELATED ORGANIZATION, UNIVERSITY OF SOUTH FLORIDA, HAS A COMPENSATION COMMITTEE THAT REVIEWS AND APPROVES THE COMPENSATION OF USF FINANCING CORPORATIONS' EXECUTIVE DIRECTOR. ADDITIONALLY, UNIVERSITY OF SOUTH FLORIDA USES AN INDEPENDENT COMPENSATION CONSULTANT, FORMS 990 OF OTHER ORGANIZATIONS, AND COMPENSATION SURVEYS/STUDIES TO DETERMINE COMPENSATION. PART I, LINE 4B THE INDIVIDUALS LISTED BELOW PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED DEFERRED COMPENSATION PLAN. DURING CALENDAR YEAR 2023, CONTRIBUTIONS RELATED TO SUCH PLANS WERE MADE FOR THE FOLLOWING INDIVIDUALS. THESE AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COLUMN C: RHEA LAW - $131,000 THERE WERE NO DISTRIBUTIONS OUT OF SUCH PLANS DURING CALENDAR YEAR 2023. A USF FINANCING CORP (SERIES 2018 & 2019) 202865561 90341UEQ1 2019-01-16 48754740 SEE PART VI 0 0 0 B USF FINANCING CORP (SERIES 2012B) 202865561 000000000 2012-10-01 158100000 REFUND PRIOR OBLIGATIONS. 0 0 0 C USF FINANCING CORP (SERIES 2015 MSC) 202865561 90343SAW5 2015-05-06 35769701 REFUND PRIOR OBLIGATIONS. 0 0 0 D USF FINANCING CORP (SERIES 2015A & 2012A) 202865561 90341UDR0 2015-05-06 114052203 REFUND PRIOR OBLIGATIONS. 0 0 0 A 5117327 49358588 2010167 393153 51202 30475325 16428741 2020 0 1 1 1 B 111825000 158100000 158100000 2009 1 0 1 1 C 11771499 35769701 243207 9053 35517441 2008 1 0 1 1 D 38165152 114052203 209670 21714 113820819 2006 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 1 1 1 0 0.01200 0.00000 0.01200 0 0 1 C 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 D 0 1 1 1 0 0.00500 0.00000 0.00500 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 1 1 ROYAL BANK OF CANADA 30.000000000000 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 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 LONGTERM 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 8038G AND AS INDICATED IN ITS TAX/ARBITRAGE CERTIFICATES. 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 (90341UCH3) 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 2012 A&B) 2012A PROCEEDS WERE USED TO CURRENTLY REFUND THE $89,125,000 OUTSTANDING SERIES 2005B CERTIFICATES OF PARTICIPATION ISSUED 05/25/2005; SERIES 2012B PROCEEDS WERE USED TO CURRENTLY REFUND THE $68,975,000 OF SERIES 2007B CERTIFICATES OF PARTICIPATION ISSUED ON 09/25/2007(90341UBT8). THE SERIES 2012A ISSUE WAS SUBSEQUENTLY RE-ISSUED AS PART OF BOND D OF THIS SCHEDULE WITH THE ISSUE DATE OF 05/06/2015. SCHEDULE K, PART IV, LINE 2C K(1) BOND ISSUE A (SERIES 2018& 2019) A REBATE COMPUTATION WAS COMPLETED AS OF 01/16/2024, WITH NO REBATE LIABILITY BEING DUE. SCHEDULE K, PART IV, LINE 2C K(1) BOND ISSUE B (SERIES 2012B) A REBATE COMPUTATION WAS COMPLETED AS OF 10/01/2022 WITH NO REBATE LIABILITY BEING DUE. 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 3/6/2003 . SCHEDULE K, PART II, LINE 11 K(1) BOND ISSUES A-D THE OTHER SPENT PROCEEDS OF THE ISSUE ARE THE REFUNDING PROCEEDS THAT WERE USED TO RETIRE THE BONDS REFUNDED BY THE ISSUE, WHICH NO LONGER REMAIN IN ESCROW. SCHEDULE K, PART IV, LINE 2C K(1) BOND ISSUE C (SERIES 2015 MSC) A REBATE COMPUTATION WAS COMPLETED AS OF 05/06/2020 WITH NO REBATE LIABILITY BEING DUE. SCHEDULE K,PART IV,LINE 2C K(1) BOND ISSUE D (SERIES 2015A AND 2012A) A REBATE COMPUTATION WAS COMPLETED AS OF 05/06/2020 WITH NO REBATE LIABILITY BEING DUE. SCHEDULE K, PART I, COLUMN (F) K(1)BOND ISSUE C SERIES 2015 (MSC) BOND PROCEEDS WERE USED TO CURRENTLY REFUND THE $36,225,000 OUTSTANDING SERIES 2005C CERTIFICATES OF PARTICIPATION ISSUED 01/19/2006 (90341U BR2). SCHEDULE K, PART II, LINE 3, BOND A (SERIES 2018&2019) THE TOTAL PROCEEDS OF THE ISSUE EXCEED THE ISSUE PRICE DUE TO INVESTMENT EARNINGS ON THE PROJECT FUND. SCHEDULE K, PART II, LINE 9, BOND A, C & D EXCESS PROCEEDS FROM THE COST OF ISSUANCE FUND WERE USED TO PAY DEBT SERVICE ON THE ISSUE AND ARE CATEGORIZED AS WORKING CAPITAL PAYMENTS. SCHEDULE K, PART I, BOND A (SERIES 2018 A&B REISSUANCE) PROCEEDS OF THE ISSUE WERE USED TO REFUND THE ORIGINAL SERIES 2018 A&B PROMISSORY NOTE ORIGINALLY ISSUED ON 03/09/2018 (NO CUSIP). SCHEDULE K, PART I, BOND B (SERIES 2018 CAMLS REISSUANCE) PROCEEDS OF THE ISSUE WERE USED TO REFUND THE ORIGINAL SERIES 2018 CAMLS PROMISSORY NOTE ORIGINALLY ISSUED ON 03/09/2018 (NO CUSIP). SCHEDULE K,PART I, BOND C (SERIES 2022) PROCEEDS OF THE ISSUE WERE USED TO FINANCE THE CONSTRUCTION OF A STUDENT HOUSING FACILITY TO BE LOCATED ON THE SARASOTA-MANATEE CAMPUS OF THE UNIVERSITY. SCHEDULE K, PART II, LINE 3, BOND C (SERIES 2022) THE TOTAL PROCEEDS OF THE ISSUE EXCEED THE ISSUE PRICE DUE TO INVESTMENT EARNINGS ON THE PROJECT FUND. A USF FINANCING CORP (SERIES 2018A&B) 202865561 000000000 2020-08-31 16197868 REFUND PRIOR OBLIGATIONS. 0 0 0 B USF FINANCING CORP (SERIES 2018 CAMLS) 202865561 000000000 2020-08-31 13857941 REFUND PRIOR OBLIGATIONS. 0 0 0 C USF FINANCING CORP (SERIES 2022) 202865561 90341UFQ0 2022-10-31 29998953 CONSTRUCT NEW HOUSING AND STUDENT CENTER FACILITY 0 0 0 A 4843081 16197868 16197868 2011 1 0 1 1 B 4023245 13857941 13857941 2012 1 0 1 1 C 194673 31485284 2466625 254263 28637399 126997 2024 0 0 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 FORM 990, PART VI, SECTION A, LINE 6 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, SECTION A, LINE 7A 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. 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, SECTION A, LINE 7B 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. FORM 990, PART VI, SECTION A, LINE 8B THE CORPORATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY; THEREFORE, THIS QUESTION HAS BEEN ANSWERED "NO" IN ACCORDANCE WITH THE IRS INSTRUCTIONS TO FORM 990. FORM 990, PART VI, SECTION B, LINE 11B 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, SECTION B, LINE 12C 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, SECTION B, LINE 15 THE CORPORATION'S OFFICERS ARE COMPENSATED BY THE UNIVERSITY OF SOUTH FLORIDA, A RELATED TAX-EXEMPT ORGANIZATION. THE UNIVERSITY OF SOUTH FLORIDA IS RESPONSIBLE FOR REVIEWING AND DETERMINING THE COMPENSATION OF THE CORPORATION'S OFFICERS; THEREFORE, FORM 990, PART VI, LINES 15A AND 15B HAVE BEEN ANSWERED "NO" IN ACCORDANCE WITH THE IRS INSTRUCTIONS TO FORM 990. FORM 990, PART VI, SECTION C, LINE 19 THE CORPORATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST BY MAIL OR EMAIL, AND MANY DOCUMENTS ARE ALSO MADE AVAILABLE ON THE UNIVERSITY OF SOUTH FLORIDA WEBSITE. FORM 990,PART VIII, LN 4 INCOME FROM INVESTMENT OF TAX EXEMPT BOND PROCEEDS INCOME FROM INVESTMENT OF TAX EXEMPT BOND PROCEEDS EQUALED $765,178 IN THE FISCAL YEAR ENDING JUNE 30, 2024. 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 AVE TAMPA FL 33620 593102112 EDUCATION FL 501(C)(1) N/A 0 USF PROPERTY CORPORATION 4202 E FOWLER AVENUE CGS 401 TAMPA FL 33620 202878274 SUPPORT USF FINANCING FL 501(C)(3) 10 USF FINANCING CORPORATION 1 UNIVERSITY MEDICAL SERVICE ASSOCIATION INC 12901 BRUCE B DOWNS BLVD TAMPA FL 33612 237313346 SUPPORT THE USF COLLEGE OF MEDICINE IN RESEARCH AND EDUCATION FL 501(C)(3) 5 USF BOARD OF TRUSTEES 0 USF HEALTH PROFESSIONS CONFERENCING CORPORATION 124 S FRANKLIN STREET TAMPA FL 33602 161765073 PROVIDES HEALTH CARE STUDENTS AND PROFESSIONALS WITH SIMULATION TRNG & EDUC FL 501(C)(3) TYPE I USF BOARD OF TRUSTEES 0 USF RESEARCH FOUNDATION INC 3802 SPECTRUM BOULEVARD TAMPA FL 33612 592959590 TO PROMOTE, ENCOURAGE AND ENHANCE RESEARCH ACTIVITIES AT USF FL 501(C)(3) TYPE I USF BOARD OF TRUSTEES 0 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 USF FL 501(C)(3) 7 USF BOARD OF TRUSTEES 0 USF ALUMNI ASSOCIATION 4202 E FOWLER AVE TAMPA FL 33620 237357236 ALUMNI RELATIONS FL 501(C)(3) TYPE III-FI USF BOARD OF TRUSTEES 0 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 0 SUN DOME INC 4202 E FOWLER AVE ATH 100 SUN 1 TAMPA FL 33620 592051855 OPERATES A MULTI-PURPOSE FACILITY AT USF FL 501(C)(3) 10 USF BOARD OF TRUSTEES 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 1 1 1