Ubf Faculty Student Housing Corp

Ubf Faculty Student Housing Corp consistently generates significant surpluses from student housing operations with no reported officer compensation.

EIN: 161372560 · Buffalo, NY · NTEE: B114 · Updated: 2026-03-28

$30.5MRevenue
$29.4MGross Revenue
$147.3MAssets
85/100Mission Score (Excellent)
B114
Ubf Faculty Student Housing Corp Financial Summary
MetricValue
Total Revenue$30.5M
Total Expenses$20.1M
Program Spending85%
Net Assets$38.8M
Transparency Score85/100

Is Ubf Faculty Student Housing Corp Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Ubf Faculty Student Housing Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Ubf Faculty Student Housing Corp

Ubf Faculty Student Housing Corp (EIN: 161372560) is a nonprofit organization based in Buffalo, NY, classified under NTEE code B114. The organization reported total revenue of $30.5M and total assets of $147.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ubf Faculty Student Housing Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

36Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Ubf Faculty Student Housing Corp is a large nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$33.4M
Total Expenses$20.1M
Surplus / Deficit+$13.3M
Total Assets$142.6M
Total Liabilities$103.8M
Net Assets$38.8M
Operating Margin39.8%
Debt-to-Asset Ratio72.8%
Months of Reserves85.0 months

Financial Health Grade: A

In 2023, Ubf Faculty Student Housing Corp reported a surplus of $13.3M with revenue exceeding expenses, holds 85.0 months of operating reserves (strong position), has a debt-to-asset ratio of 72.8% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Ubf Faculty Student Housing Corp's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+38.3%-2.7%+5.7%
2022+21.1%+1.1%-0.9%
2021-12.2%+0.1%-2.1%
2020-15.7%-1.5%-4.3%
2019+64.1%+0.7%+2.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1990

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Ubf Faculty Student Housing Corp demonstrates a stable financial position, consistently generating significant revenue primarily from housing operations. In the latest filing (202306), the organization reported revenue of $33,426,350 against expenses of $20,115,432, resulting in a substantial surplus. This trend of revenue exceeding expenses is generally positive, indicating financial health and the ability to reinvest in its mission or build reserves. The organization's assets have remained robust, with $142,553,536 in 202306, though liabilities are also considerable at $103,774,601, suggesting a reliance on debt financing for its housing infrastructure. Spending efficiency appears to be strong, given the nature of providing student housing, which typically involves significant operational costs. Without a detailed breakdown of program vs. administrative expenses, it's challenging to precisely quantify efficiency, but the consistent surpluses suggest effective management of resources. The NTEE code B114 (Student Housing) aligns with its stated purpose, and the financial data supports its operational scale in this area. The consistent reporting of 0% officer compensation across all filings indicates a high degree of transparency regarding executive pay, or that executive functions are handled by an affiliated entity, which is common in university-related organizations. Overall, Ubf Faculty Student Housing Corp appears to be a financially sound and transparent organization within its operational scope. Its consistent revenue generation, asset base, and clear reporting on executive compensation contribute to a positive assessment of its financial health and transparency. The primary financial activity revolves around managing and maintaining student housing, which is reflected in its large asset and liability figures.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ubf Faculty Student Housing Corp with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Ubf Faculty Student Housing Corp allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$33.4MTotal Revenue
$20.1MTotal Expenses
$142.6MTotal Assets
$103.8MTotal Liabilities
$38.8MNet Assets
  • The organization reported a surplus of $13.3M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 72.8%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating either that no officers receive compensation directly from this entity or that compensation is covered by an affiliated university or parent organization. This practice enhances transparency regarding direct compensation from this specific nonprofit.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Ubf Faculty Student Housing Corp's IRS 990 filings:

  • High liabilities relative to assets, though decreasing, suggest significant debt financing for housing infrastructure.

Strengths

The following positive indicators were identified for Ubf Faculty Student Housing Corp:

  • Consistent revenue generation and significant surpluses (e.g., $13.3M surplus in 202306).
  • Strong asset base ($142,553,536 in 202306) supporting its mission.
  • Zero reported officer compensation, indicating transparency or efficient shared services.
  • Liabilities are decreasing over time, improving the organization's financial leverage.
  • Clear alignment between NTEE code (Student Housing) and financial activities.

Frequently Asked Questions about Ubf Faculty Student Housing Corp

Is Ubf Faculty Student Housing Corp a legitimate charity?

Ubf Faculty Student Housing Corp (EIN: 161372560) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $30.5M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Ubf Faculty Student Housing Corp spend its money?

Ubf Faculty Student Housing Corp directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Ubf Faculty Student Housing Corp tax-deductible?

Ubf Faculty Student Housing Corp is registered as a tax-exempt nonprofit (EIN: 161372560). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Ubf Faculty Student Housing Corp's spending goes to programs?

Ubf Faculty Student Housing Corp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Ubf Faculty Student Housing Corp compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Ubf Faculty Student Housing Corp is above average for NTEE category B114 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Ubf Faculty Student Housing Corp located?

Ubf Faculty Student Housing Corp is headquartered in Buffalo, New York and files with the IRS under EIN 161372560. It is classified under NTEE code B114.

How many years of IRS 990 filings does Ubf Faculty Student Housing Corp have?

Ubf Faculty Student Housing Corp has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $30.5M in total revenue.

Is Ubf Faculty Student Housing Corp financially stable?

Yes, the organization appears financially stable, consistently reporting significant revenue surpluses (e.g., $33,426,350 revenue vs. $20,115,432 expenses in 202306) and maintaining a substantial asset base ($142,553,536 in 202306).

What is the primary source of Ubf Faculty Student Housing Corp's revenue?

Given its NTEE code (B114 - Student Housing) and consistent large revenues, the primary source of revenue is almost certainly from providing and managing faculty and student housing.

Does Ubf Faculty Student Housing Corp pay its executives?

According to all available IRS 990 filings, Ubf Faculty Student Housing Corp reports 0% officer compensation, suggesting that executives are either unpaid by this specific entity or compensated by an affiliated organization.

How have the organization's assets and liabilities trended?

Assets have remained robust, generally fluctuating around $140-160 million, while liabilities have shown a gradual decrease from a high of $148,313,651 in 201406 to $103,774,601 in 202306, indicating a strengthening balance sheet.

Filing History

IRS 990 filing history for Ubf Faculty Student Housing Corp showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Ubf Faculty Student Housing Corp's revenue has grown by 93.9%, moving from $17.2M to $33.4M. Total assets decreased by 14.6% over the same period, from $167.0M to $142.6M. Total functional expenses rose by 21%, from $16.6M to $20.1M. In its most recent filing year (2023), Ubf Faculty Student Housing Corp reported a surplus of $13.3M, with revenue exceeding expenses. The organization holds $103.8M in liabilities against $142.6M in assets (debt-to-asset ratio: 72.8%), resulting in net assets of $38.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $33.4M $20.1M $142.6M $103.8M
2022 $24.2M $20.7M $134.9M $110.5M View 990
2021 $20.0M $20.4M $136.1M $117.9M View 990
2020 $22.7M $20.4M $139.0M $122.4M View 990
2019 $27.0M $20.7M $145.2M $129.0M View 990
2018 $16.4M $20.6M $142.1M $130.6M View 990
2017 $24.2M $21.7M $146.5M $132.7M View 990
2016 $23.1M $22.0M $146.9M $138.5M View 990
2015 $21.5M $22.6M $154.5M $144.7M View 990
2014 $23.1M $21.4M $159.6M $148.3M View 990
2013 $22.1M $20.9M $161.9M $152.2M View 990
2012 $21.8M $19.8M $201.1M $196.4M View 990
2011 $17.2M $16.6M $167.0M $160.3M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $33.4M, expenses of $20.1M, and assets of $142.6M (revenue +38.3% year-over-year).
  • 2022: Revenue of $24.2M, expenses of $20.7M, and assets of $134.9M (revenue +21.1% year-over-year).
  • 2021: Revenue of $20.0M, expenses of $20.4M, and assets of $136.1M (revenue -12.2% year-over-year).
  • 2020: Revenue of $22.7M, expenses of $20.4M, and assets of $139.0M (revenue -15.7% year-over-year).
  • 2019: Revenue of $27.0M, expenses of $20.7M, and assets of $145.2M (revenue +64.1% year-over-year).
  • 2018: Revenue of $16.4M, expenses of $20.6M, and assets of $142.1M (revenue -32.1% year-over-year).
  • 2017: Revenue of $24.2M, expenses of $21.7M, and assets of $146.5M (revenue +4.6% year-over-year).
  • 2016: Revenue of $23.1M, expenses of $22.0M, and assets of $146.9M (revenue +7.6% year-over-year).
  • 2015: Revenue of $21.5M, expenses of $22.6M, and assets of $154.5M (revenue -7.0% year-over-year).
  • 2014: Revenue of $23.1M, expenses of $21.4M, and assets of $159.6M (revenue +4.8% year-over-year).
  • 2013: Revenue of $22.1M, expenses of $20.9M, and assets of $161.9M (revenue +1.4% year-over-year).
  • 2012: Revenue of $21.8M, expenses of $19.8M, and assets of $201.1M (revenue +26.3% year-over-year).
  • 2011: Revenue of $17.2M, expenses of $16.6M, and assets of $167.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Ubf Faculty Student Housing Corp:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Ubf Faculty Student Housing Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Other Nonprofits in New York

Explore more nonprofits based in New York with AI-powered transparency reports.

View all New York nonprofits →

Similar Organizations (NTEE B114)

Other nonprofits classified under NTEE code B114.

View all B114 nonprofits →

Explore Related Nonprofits

Browse by State