University of Louisiana Monroe Facilities Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PROVIDE STUDENT HOUSING & OTHER STUDENT FACILITIES FOR THE UNIVERSITY OF LOUISIANA MONROE CAMPUS.
- Income
- $12.8 million
- Spending
- $15.8 million
- Spent on programs
- 100%
- Reserves
- -33.5 months of spending
- Largest source of income
- fees for its services, 89%
- Employees
- 0
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 35 out of 100. Higher than 7% of charities in its peer group (education, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 63% of what it owns.
Living within its means
0 of 15Spending exceeded income by 24% of income.
Income trend
15 of 15Income rose 4% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 58 out of 100. Higher than 2% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $15.8 million spent. THE UNIVERSITY OF LOUISIANA MONROE FACILITIES WAS FORMED FOR THE BENEFIT OF THE UNIVERSITY OF LOUISIANA MONROE AND ITS PRINCIPAL PURPOSE IS TO COORDINATE, CONSTRUCT, AND FINANCE THE DEVELOPMENT OF FACILITIES ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA AT MONROE AND TO OVERSEE THE MANAGEMENT OF SUCH FACILITIES. CERTAIN OPERATIONS ARE REGULATED BY THE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM, THE LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY, AND REGIONS BANK THROUGH THE PROVISIONS OF A GROUND AND BUILDINGS LEASE AGREEMENT, A FACILITIES LEASE AGREEMENT, A LOAN AND ASSIGNMENT AGREEMENT, AND A TRUST INDENTURE, INCLUDING AMENDMENTS AND SUPPLEMENTS, AS APPLICABLE. THE UNIVERSITY OF LOUISIANA MONROE FACILITIES HAS COMPLETED THE NEW CONSTRUCTION AND/OR RENOVATION OF SOME TEN (10) HOUSING UNITS, STUDENT HEALTH CENTER, STUDENT UNION, THE CLARKE M. WILLIAMS STUDENT SUCCESS CENTER, AND THE INSTALLATION/CONSTRUCTION OF SCOREBOARDS, CHAIR-BACK SEATING, AND DUGOUTS AT VARIOUS ATHLETIC VENUES ON THE CAMPUS OF UNIVERSITY OF LOUISIANA MONROE AND THE INSTALLATION OF TWO ELECTRONIC DISPLAY BOARDS. IN 2014, THE UNIVERSITY OF LOUISIANA MONROE FACILITIES HAS ENTERED INTO AGREEMENTS TO INSTALL NEW ARTIFICIAL TURF AND DRAINAGE SYSTEM FOR MALONE STADIUM; DEVELOPMENT OF A DOPPLER RADAR FACILITY; AND CONSTRUCTION OF THE INTERNATIONAL STUDENT FACILITY. IN 2015, THE UNIVERSITY OF MONROE FACILITIES HAS ENTERED INTO AGREEMENTS WITH THE UNIVERSITY OF LOUISIANA AT MONROE AND THE UNIVERSITY OF LOUISIANA MONROE ATHLETIC FOUNDATION, INC. TO CONSTRUCT THE FIELD HOUSE AT THE UNIVERSITY OF LOUISIANA MONROE MALONE STADIUM. ALSO IN 2015, THE ORGANIZATION HAS ENTERED INTO CONTRACTS FOR THE CONSTRUCTION OF THE DOPPLER RADAR; RENOVATION OF MASUR HALL; AND PAVING OF COMMONS II PARKING LOT; ALL ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA MONROE. IN 2016, THE ORGANIZATION COMPLETED INSTALLATION OF THE NEW ARTIFICIAL TURF AND DRAINAGE SYSTEM AS WELL AS THE FIELD HOUSE AT THE UNIVERSITY OF LOUISIANA MONROE MALONE STADIUM. IN ADDITION, THE RENOVATION OF MASUR HALL AND THE PAVING OF COMMONS II PARKING LOT WAS COMPLETED IN 2016. THE ORGANIZATION ENTERED INTO A GROUND LEASE AND A FACILITIES LEASE AGREEMENT IN 2016 FOR THE PURPOSE OF DEVELOPING, DESIGNING, RENOVATING AND CONSTRUCTING A STUDENT CENTER ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA MONROE. IN 2017, THE ORGANIZATION ENTERED INTO A GROUND LEASE AND A FACILITIES LEASE AGREEMENT FOR THE PURPOSE OF ACQUIRING, DESIGNING, DEVELOPING, CONSTRUCTING AND RENOVATING THE RECONSTRUCTION OF BROWN STADIUM AND PARKING ADJACENT THERETO ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA AT MONROE. DURING THE YEAR ENDED JUNE 30, 2018, THE DOPPLER RADAR AND STUDENT EVENT CENTER WERE COMPLETED. ALSO, DURING THE YEAR ENDED JUNE 30, 2018, THE FACILITIES ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD OF SUPERVISORS OF ULM, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTING, DESIGNING, TESTING, SURVEYING, AND EQUIPPING AN AREA OF MALONE STADIUM INTO A NEW ATHLETIC TREATMENT FACILITY. THIS NEW ATHLETIC TREATMENT FACILITY WAS COMPLETED DURING THE YEAR ENDED JUNE 30, 2019. ALSO, DURING THE YEAR ENDED JUNE 30, 2019, THE FACILITIES ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM, ON BEHALF OF ULM, FOR THE PURPOSE OF DEVELOPING AND CONSTRUCTING A GOLF HOUSE AND THE WALLY JONES GOLF COMPLEX. THE RECONSTRUCTION OF BROWN STADIUM AND PARKING ADJACENT THERETO WERE COMPLETED DURING THE YEAR ENDED JUNE 30, 2020. ALSO, DURING THE YEAR ENDED JUNE 30, 2020, THE WALLY JONES GOLF COMPLEX WAS COMPLETED. DURING THE YEAR ENDED JUNE 30, 2021, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTION, DEVELOPING, DESIGNING, CONSTRUCTING, AND EQUIPPING THE NEW STUDENT HUB FACILITY. THIS PROJECT WAS COMPLETED IN AUGUST OF 2022 AND THE FACILITIES WERE PLACED INTO SERVICE. ON MARCH 1, 2022, THE ORGANIZATION ENTERED INTO A COOPERATIVE ENDEAVOR AGREEMENT WITH ULM AND THE ULM FOUNDATION WHEREBY THE ORGANIZATION WILL FACILITATE AND OVERSEE THE DEVLOPMENT, DESIGN, AND CONSTRUCTON OF A CONSTRUCTION LABORATORY FACILITY ON LAND OWNED BY THE ORGANIZATION AND ADJACENT TO THE ULM SCHOOL OF CONSTRUCTION MANAGEMENT ON THE ULM CAMPUS. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF DEVELOPING, DESIGNING, CONSTRUCTING, AND EQUIPPING THE SOFTBALL STUDENT ATHLETE LEADERSHIP CENTER. IN CONNECTION WITH THE SOFTBALL PROJECT, THE ORGANIZATION CONTRACTED WITH VARIOUS PROFESSIONALS REQUIRED TO COMPLETE THE PROJECT. OWNERSHIP OF THE FACILITY WAS TRANSFERRED TO ULM DURING THE YEAR ENDED JUNE 30, 2023. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTING DRAINAGE AND INSTALLING AN ARTIFICIAL TURF FIELD ON THE ULM CAMPUS FOR THE ULM SOFTBALL TEAM. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTING DRAINAGE AND INSTALLING AN ARTIFICIAL TURF FIELD AT MALONE STADIUM ON THE ULM CAMPUS. DURING THE YEAR ENDED JUNE 30, 2023, THE ORGANIZATION ENTERED INTO A GROUND AND FACILITIES LEASE AGREEMENT WITH THE BOARD, ON BEHALF OF ULM, FOR THE PURPOSE OF CONSTRUCTING A SHORT GAME PRACTICE FACILITY AT THE WALLY JONES GOLF COMPLEX ON THE ULM CAMPUS. THE UNIVERSITY OF LOUISIANA MONROE FACILITIES WAS FORMED FOR THE BENEFIT OF THE UNIVERSITY OF LOUISIANA MONROE AND ITS PRINCIPAL PURPOSE IS TO COORDINATE, CONSTRUCT, AND FINANCE THE DEVELOPMENT OF FACILITIES ON THE CAMPUS OF THE UNIVERSITY OF LOUISIANA AT MONROE AND TO OVERSEE THE MANAGEMENT OF SUCH FACILITIES. CERTAIN OPERATIONS ARE REGULATED BY THE BOARD O
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2005.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
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