UNIVERSITAS LTD

Address
HOLLAND KNIGHT 800 17TH ST NW NO 1100
WASHINGTON, DC 20006
Contact
Phone: +1 (917) 443-9850
Nonprofit
NTEE: B114 - Education
EIN: 13-6137749

Mission

UNIVERSITAS, LTD. HOLDS ASSETS FOR EDUCATIONAL PURPOSES FOR THE EXCLUSIVE BENEFIT OF UNIVERSITE' LIBRE DE BRUXELLES (ULB), VRIJE UNIVERSITEIT BRUSSEL (VUB) AND THEIR REGISTERED STUDENTS. IN ADDITION, UNIVERSITAS, LTD. ACTS IN THE CAPACITY OF TRUSTEE HOLDING ASSETS UNDER A TRUST AGREEMENT FOR THE BENEFIT OF UNIVERSITE' LIBRE DE BRUXELLES AND VRIJE UNIVERSITEIT BRUSSEL.
 20142013201220112010
Basic features of the organization
Year of formation1940
Metropolitan statistical area8872
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00    
Number of employees0    
Number of people compensated >$100k0    
Number of volunteers0    
Number of highly compensated contractors0    
Personnel
Boulpaep, Emile
TitleVICE PRESIDENT    
Name of key/compensated personEMILE BOULPAEP    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Degreve, Rene
TitlePRESIDENT    
Name of key/compensated personRENE DEGREVE    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Janssen, Daniel
TitleBOARD MEMBER    
Name of key/compensated personDANIEL JANSSEN    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Simon, Thomas
TitleTREASURER    
Name of key/compensated personTHOMAS SIMON    
Position of compensated person
Current officerTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Tollet, Robert
TitleBOARD MEMBER    
Name of key/compensated personROBERT TOLLET    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Warmoes, Jean-Paul
TitleSECRETARY    
Name of key/compensated personJEAN-PAUL WARMOES    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
de Knop, Paul
TitleBOARD MEMBER    
Name of key/compensated personPAUL DE KNOP    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesUNIVERSITAS, LTD. HOLDS ASSETS FOR EDUCATIONAL PURPOSES FOR THE EXCLUSIVE BENEFIT OF UNIVERSITE' LIBRE DE BRUXELLES (ULB), VRIJE UNIVERSITEIT BRUSSEL (VUB) AND THEIR REGISTERED STUDENTS. IN ADDITION, UNIVERSITAS, LTD. ACTS IN THE CAPACITY OF TRUSTEE HOLDING ASSETS UNDER A TRUST AGREEMENT FOR THE BENEFIT OF UNIVERSITE' LIBRE DE BRUXELLES AND VRIJE UNIVERSITEIT BRUSSEL.    
Program service expenses, total$547,489.00    
Programs, including revenue & expenses
UNIVERSITAS, LTD. HOLDS ASSETS FOR EDUCATIONAL PURPOSES FOR THE EXCLUSIVE BENEFIT OF UNIVERSITE' LIBRE DE BRUXELLES, VRIJE UNIVERSITEIT BRUSSEL AND THEIR REGISTERED STUDENTS.
Program expenses$547,489.00    
Grants and allocations made$547,489.00    
Program descriptionUNIVERSITAS, LTD. HOLDS ASSETS FOR EDUCATIONAL PURPOSES FOR THE EXCLUSIVE BENEFIT OF UNIVERSITE' LIBRE DE BRUXELLES, VRIJE UNIVERSITEIT BRUSSEL AND THEIR REGISTERED STUDENTS.    
Financial data
Revenue
Total revenue$851,492.00    
Revenue from contributions (total)$0.00$0.00$21,120.00$0.00$0.00
Investment income, current yr$851,492.00    
Total revenue from grants, etc., current yr$0.00    
Total unrelated business revenue$0.00    
Other revenue, current yr$0.00    
Net unrelated business taxable revenue$0.00    
Program service revenue (total)$0.00$0.00$0.00$0.00$0.00
Gross receipts$3,203,963.00    
Other types of revenue
Income from dividends, interest, and similar investments$312,746.00    
Net rental income$0.00$0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$723,610.00    
Total functional expenses: program service $547,489.00    
Total functional expenses: management and general$176,121.00    
Total functional expenses: fundraising$0.00    
Fees for services
Legal fees (total)$91,379.00    
Fundraising service fees (total)$0.00    
Investment management fees (total)$77,482.00    
Assets and liabilities
Total assets$45,402,338.00$44,741,576.00$36,255,069.00$33,924,423.00$35,201,694.00
Total assets, beginning of year$44,741,576.00    
Total liabilities$29,040,708.00$28,595,780.00$21,989,815.00$20,166,722.00$21,020,052.00
Total liabilities, beginning of year$28,595,780.00    
Unrestricted net assets, end of yr$1,654,654.00    
Temporarily restricted net assets$11,499,997.00    
Permanently restricted net assets, end of yr$3,206,979.00    
Net assets$16,361,630.00    
Net assets, beginning of year$16,145,796.00    
Other assets$28,969,970.00    
Investments: publicly traded securities$16,171,301.00    
Cash: non-interest bearing$0.00    
Cash: non-interest bearing, beginning of year$14,456.00    
Escrow or custodial account liability$28,969,970.00    
Other financial variables
Revenue less expenses$127,882.00    
Savings & temp cash investment$244,204.00    
Accounts receivable, net$16,863.00    
Accounts payable & accrued expenses$70,738.00    
Total net assets or fund balances$16,361,630.00    
Governance and accountability
Number of voting members6    
Number of independent voting members6    
Financial sheets auditedTrue    
Accrual accountingTrue    
Tax year start date2014-01-01    
Tax year end date2014-12-012013-12-012012-12-012011-12-012010-12-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrue    
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990    
Date e-filing submitted2015-08-07    
IRS schema version2014v5.0    
Filing identifier201502119349301155    
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