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Foundation Properties Inc

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

EIN: 581940977 ✦ Columbus, GA ✦ Designated as a 501(c)(3)

Overview

What is Foundation Properties Inc?

Foundation Properties Inc, based in Columbus, Georgia, serves as a supporting entity for Columbus State University, a part of the University System of Georgia. Their primary mission is to foster higher education by managing real estate affiliated with the university, holding property for future development, and investing in assets to benefit the institution. With a single employee, they contribute to the university's growth and development by managing and contributing to real property. Their work aligns with the pursuit of higher education, ensuring the university's long-term success.


Is Foundation Properties Inc legitimate?

Foundation Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Properties Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,796

For more financial information, click here


What is the mission statement of Foundation Properties Inc?
Who is the CEO of Foundation Properties Inc?
What is the revenue of Foundation Properties Inc?
Who are the executives of Foundation Properties Inc and what are their salaries?
Where can I find the form 990 for Foundation Properties Inc?

Mission Statement of Foundation Properties Inc

Foundation Properties Inc, as a nonprofit organization, is dedicated to supporting the cause of higher education. Its primary mission is to promote this objective by managing real estate properties affiliated with Columbus State University, a constituent institution within the University System of Georgia. The organization also holds real estate for potential future development by the university and invests in properties to benefit Columbus State University as a whole. By fulfilling this mission, Foundation Properties Inc plays a significant role in contributing to the advancement of higher education, thereby positively impacting the academic community and the broader society.

Impact

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




Saturday, July 20, 2024

Foundation Properties Inc's impact is centered on promoting the cause of higher education at Columbus State University in Columbus, Georgia. By managing real property affiliated with the university, holding real property for future development, and maintaining investment property for the university's benefit, Foundation Properties Inc plays a crucial role in supporting the educational mission of Columbus State University. Through its strategic management of real estate assets, Foundation Properties Inc contributes to the growth and development of the university, ultimately enhancing the educational opportunities available to students and the broader 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: $395,817
  • Program Service Revenue: $5,709,911
  • Gross Receipts: $7,390,762

    • Assets and Liabilities:
  • Total Assets: $80,383,881
  • Total Liabilities: $55,161,012
  • Net Assets: $25,222,869
  • Programs

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

    Rental of Real Property

    Revenue

    $5,709,911

    Organization Details

    Founding Year

    1988

    Principal Officer

    Mitch Watkins

    Main Address

    4225 University Avenue, Columbus, GA, 319075645

    NTEE Category

    Code: B124 - Education

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