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To promote, assist, and benefit the mission of NSU through the acquisition, construction, development, management, leasing as lessor or lessee, mortgaging and/or conveying student housing facilities as well as other buildings and improvements on the campus of the University.
Source: IRS Form 990 (Tax Year 2025)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$5.8M
Program Spending
100%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$4.6M
Total Assets
$35.9M
Total Liabilities
▼$44.5M
Net Assets
-$8.6M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$374.3K
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: SOUNK
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
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| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $5.8M | $0 | $4.6M | $35.9M | -$8.6M |
| 2023IRS e-File | $6.5M | $0 | $5.6M | $41.2M | -$8.1M |
| 2022 | $5.9M | $0 | $6.2M | $45.6M | -$11.9M |
| 2021 | $5.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2025 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2024 | 990 | DataIRS e-File | |
| 2023 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Joseph Kolwe | Chairperson | 1 | $0 | $0 | $0 | $0 |
| Henry J Lafont Jr | Vice-chairperson | 1 | $0 | $0 | $0 | $0 |
| Jerry Ledet | Secretary/treasurer | 1 | $0 | $0 | $0 | $0 |
Joseph Kolwe
Chairperson
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Henry J Lafont Jr
Vice-chairperson
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jerry Ledet
Secretary/treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Michele Caruso | Board Member | 1 | $0 | $0 | $0 | $0 |
| Terry P Braud Jr | Board Member | 1 | $0 | $0 | $0 | $0 |
Michele Caruso
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Terry P Braud Jr
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $0 |
| $6.3M |
| $48.4M |
| -$16.6M |
| 2020 | $6M | $0 | $6.5M | $51M | -$19M |
| 2019 | $6.1M | $0 | $6.6M | $53.9M | -$14.7M |
| 2018 | $5.6M | $0 | $7.1M | $56.9M | -$11.8M |
| 2017 | $6.1M | $0 | $6.9M | $60.2M | -$12.8M |
| 2016 | $5.8M | $0 | $7.2M | $65.5M | -$1.5M |
| 2015 | $6.6M | $0 | $6.8M | $68.6M | -$171.7K |
| 2014 | $5.6M | $0 | $6.5M | $70.5M | $84.9K |
| 2013 | $6.1M | $0 | $5.6M | $73.1M | $908.4K |
| 2012 | $5.8M | $0 | $5.9M | $75.1M | $413.5K |
| 2011 | $5M | $0 | $5.6M | $75.7M | $524.7K |
| 2022 | 990 | Data |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data | PDF not yet published by IRS |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |