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Longwood University Real Estate Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201612906 ✦ Farmville, VA ✦ Designated as a 501(c)(3)

Overview

What is Longwood University Real Estate Foundation?

Longwood University Real Estate Foundation is a nonprofit organization situated in Farmville, Virginia, with the address 315 West Third Street. Their primary focus is to support Longwood University by managing and developing real estate assets and interests. This includes the acquisition, financing, leasing, holding, operation, management, and disposal of various real estate properties. The mission of the foundation is geared towards enhancing Longwood University's capabilities by acquiring, developing, and managing real estate assets effectively. With a team of eleven dedicated employees, the foundation plays a significant role in furthering the goals of Longwood University through its real estate endeavors.


Official website here: www.longwood.edu/realestatefoundation

Is Longwood University Real Estate Foundation legitimate?

Longwood University Real Estate Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Longwood University Real Estate Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $109,330
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,944

For more financial information, click here


Official website here: www.longwood.edu/realestatefoundation

What is the mission statement of Longwood University Real Estate Foundation?

The Longwood University Real Estate Foundation operates with the goal of managing and developing real property assets on behalf of Longwood University. Their mission encompasses the acquisition, financing, leasing, holding, operation, management, and disposal of these assets. Through these activities, they contribute significantly to Longwood University by providing essential resources for its growth and development.


Official website here: www.longwood.edu/realestatefoundation

Who is the CEO of Longwood University Real Estate Foundation?

Lori Blackwood is the Executive Di of Longwood University Real Estate Foundation.


Official website here: www.longwood.edu/realestatefoundation

What is the revenue of Longwood University Real Estate Foundation?

Longwood University Real Estate Foundation's revenue in 2022 was $26,239,174.


Official website here: www.longwood.edu/realestatefoundation

Who are the executives of Longwood University Real Estate Foundation and what are their salaries?

The average compensation at Longwood University Real Estate Foundation during 2022 was $25,116. There are 11 employees at Longwood University Real Estate Foundation.

Here are 16 key members and their salaries:

    Louise W Waller (Executive Di) [Trustee/Director]
  • Compensation: $0
  • Related: $80,162
  • Other: $27,443

    • Lori Blackwood (Executive Di) [Trustee/Director]
  • Compensation: $0
  • Related: $11,475
  • Other: $4,132

    • Troy S Austin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie D Epperson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Fiege (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Courtney Hodges (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory F Fawcett Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John W Daniel Ii (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Taylor Reveley Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Mcgregor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • E Duffy Myrtetus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cameron Patterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherry Swinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucia Anna Pia Trigiani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hunter Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherri Moore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.longwood.edu/realestatefoundation

    Where can I find the form 990 for Longwood University Real Estate Foundation?

    The Longwood University Real Estate Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.longwood.edu/realestatefoundation

    Learn more at the official website: www.longwood.edu/realestatefoundation

    Mission Statement of Longwood University Real Estate Foundation

    The Longwood University Real Estate Foundation is a dedicated entity that works towards acquiring, developing, financing, leasing, holding, operating, managing, and disposing of real property assets and interests on behalf of Longwood University. This mission encompasses various program activities, all geared towards the effective management of Longwood University's real estate portfolio.

    In essence, the Longwood University Real Estate Foundation serves as the steward of the university's real estate ventures, ensuring their growth, sustainability, and profitability. Through these efforts, the foundation contributes significantly to Longwood University's overall financial well-being. The foundation's expertise lies in its ability to navigate the complex realm of real estate, from acquisition to disposal, with precision and success.

    By managing Longwood University's real estate assets, the foundation plays a crucial role in supporting the university's academic, research, and operational initiatives. It does this by generating revenue through the lease of properties and the sale of assets, enabling the university to invest in its core mission and provide a top-tier education to its students. The Longwood University Real Estate Foundation's unwavering commitment to its mission ensures a strong and vibrant future for the university.

    Impact

    This information is meant to be a general summary of Longwood University Real Estate Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Longwood University Real Estate Foundation's impact revolves around acquiring, developing, financing, leasing, holding, operating, managing, and disposing of real property assets and interests for Longwood University in Farmville, VA. By focusing on these activities, the foundation plays a crucial role in supporting the university's real estate needs and ensuring its long-term growth and sustainability. Their efforts directly contribute to the enhancement of Longwood University's physical infrastructure and overall educational environment, ultimately benefiting the entire educational community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $794,528
  • Program Service Revenue: $24,714,768
  • Gross Receipts: $28,442,525

    • Assets and Liabilities:
  • Total Assets: $314,213,989
  • Total Liabilities: $340,801,955
  • Net Assets: -$26,587,966
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENT

    Revenue

    $23,512,912

    OTHER PROGRAM REVENUE

    Revenue

    $1,076,962

    PARKING

    Revenue

    $124,894

    Organization Details

    Founding Year

    2004

    Principal Officer

    Lori Blackwood

    Main Address

    315 WEST THIRD STREET, FARMVILLE, VA, 23901

    NTEE Category

    Code: B90 - Education

    If you are a representative of Longwood University Real Estate Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.