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Uga Real Estate Foundation Inc

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

EIN: 582491922 ✦ Athens, GA ✦ Designated as a 501(c)(3)

Overview

What is Uga Real Estate Foundation Inc?

The Uga Real Estate Foundation Inc, based in Athens, Georgia, focuses on managing and enhancing real estate assets for the advantage of the University of Georgia and the University System of Georgia. Governed by the Board of Regents, this nonprofit organization is dedicated to the development, improvement, administration, and maintenance of properties it acquires and holds. Additionally, it may offer support to the Board of Regents and various colleges and universities under the University System of Georgia.


Official website here: www.ugaref.com

Is Uga Real Estate Foundation Inc legitimate?

Uga Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Uga Real Estate Foundation 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: $0

For more financial information, click here


Official website here: www.ugaref.com

What is the mission statement of Uga Real Estate Foundation Inc?

The UGA Real Estate Foundation manages and enhances real estate assets on behalf of the University of Georgia, under the supervision of the Board of Regents of the University System of Georgia. The Foundation's primary objective is to benefit the University of Georgia and other colleges and universities within the University System of Georgia. Through effective development, improvement, administration, and maintenance of the property, the UGA Real Estate Foundation supports the academic institutions it serves. The Foundation also extends its assistance to the Board of Regents when needed.


Official website here: www.ugaref.com

What is the revenue of Uga Real Estate Foundation Inc?

Uga Real Estate Foundation Inc's revenue in 2023 was $16,057,330.


Official website here: www.ugaref.com

Who are the executives of Uga Real Estate Foundation Inc and what are their salaries?

Here are 11 key members and their salaries:

    Jere Morehead (Ex-Officio Trustee)
  • Compensation: $0
  • Related: $690,558
  • Other: $266,613

    • Jack Hu (Ex-Officio Trustee)
  • Compensation: $0
  • Related: $505,098
  • Other: $49,372

    • Ryan Nesbit (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $345,231
  • Other: $98,731

    • Karen Burg (Trustee)
  • Compensation: $0
  • Related: $367,683
  • Other: $38,892

    • Henry Munneke (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $335,028
  • Other: $58,915

    • Eric Orbock (Executive Director)
  • Compensation: $0
  • Related: $220,258
  • Other: $74,522

    • John Rooker (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Guyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kirby Alton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcus Thornton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paige Collier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ugaref.com

    Where can I find the form 990 for Uga Real Estate Foundation Inc?

    The Uga Real Estate Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.ugaref.com

    Learn more at the official website: www.ugaref.com

    Mission Statement of Uga Real Estate Foundation Inc

    Uga Real Estate Foundation Inc, a key entity under the University of Georgia's wing, plays a pivotal role in managing and enhancing various real estate assets. The organization, overseen by the Board of Regents of the University System of Georgia, is dedicated to advancing the interests of the University of Georgia and the colleges and universities within the University System. The Uga Real Estate Foundation's primary objective revolves around the development, improvement, administration, and maintenance of the property acquired and held for the educational institutions' benefits.

    In addition to its core responsibilities, Uga Real Estate Foundation Inc extends its support to the Board of Regents, lending a helping hand in various capacities. This assistance ranges from offering expert advice in real estate matters to providing resources to the Board of Regents and the colleges and universities in the University System of Georgia.

    Paraphrasing the original mission statement, Uga Real Estate Foundation Inc functions as a trusted steward of the University of Georgia's and the University System of Georgia's real estate assets. By effectively managing these assets, the organization lays the groundwork for a strong and prosperous academic community. The Board of Regents' oversight ensures a transparent and responsible approach to the foundation's operations, guaranteeing the best possible outcomes for the educational institutions it serves.

    Impact

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




    Thursday, August 15, 2024

    The Uga Real Estate Foundation Inc's impact lies in managing and enhancing real estate assets for the University of Georgia and the University System of Georgia. Through its development, improvement, administration, and maintenance of properties held for the benefit of these institutions, the foundation plays a crucial role in supporting their academic and research endeavors. By providing strategic real estate support, the foundation contributes to the overall growth and success of the University of Georgia and its affiliated institutions.





    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 2023.

  • Investment Income: $873,223
  • Program Service Revenue: $15,184,107
  • Gross Receipts: $16,057,330

    • Assets and Liabilities:
  • Total Assets: $296,027,247
  • Total Liabilities: $243,873,100
  • Net Assets: $52,154,147
  • Programs

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

    FINANCING / LEASE INCOME

    Revenue

    $9,946,057

    REPAIR AND RESTORATION INCOME

    Revenue

    $1,504,204

    LEASE INCOME

    Revenue

    $3,733,846

    Organization Details

    Founding Year

    1999

    Main Address

    1180 East Broad Street, Athens, GA, 30602

    NTEE Category

    Code: T20 - Philanthropy

    If you are a representative of Uga Real Estate Foundation Inc 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.