Overview
What is Mississippi State University Educational Building Corporation?
Mississippi State University Educational Building Corporation is a nonprofit organization headquartered in Starkville, Mississippi, dedicated to supporting the State University in various aspects of bond administration. Their primary mission is to acquire educational facilities for Mississippi State University through various means, including purchasing, leasing, or issuing bonds. The corporation also covers construction costs and interest payments to bondholders. Their role extends to equipping, maintaining, enlarging, or improving the acquired facilities. Additionally, they work towards achieving tax-exempt status for the interest earned on such bonds.
Is Mississippi State University Educational Building Corporation legitimate?
Mississippi State University Educational Building Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi State University Educational Building Corporation 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
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What is the mission statement of Mississippi State University Educational Building Corporation?
The Mississippi State University Educational Building Corporation is dedicated to acquiring land and facilities for Mississippi State University. This is accomplished through various means, including purchasing, leasing, issuing bonds, construction, and gifts. The corporation's mission also involves equipping, maintaining, enlarging, and improving these educational facilities. Additionally, the corporation takes necessary actions to ensure the interest earned on bonds is exempt from income taxation. In essence, the Mississippi State University Educational Building Corporation plays a crucial role in providing and enhancing the educational infrastructure for Mississippi State University.
Who is the CEO of Mississippi State University Educational Building Corporation?
Kevin Edelblute is the President & Director of Mississippi State University Educational Building Corporation.
What is the revenue of Mississippi State University Educational Building Corporation?
Mississippi State University Educational Building Corporation's revenue in 2022 was $14,924,916.
Who are the executives of Mississippi State University Educational Building Corporation and what are their salaries?
- Dr Mark Keenum (Director)
- David Shaw (President & Director)
- Joan Lucas (University Counsel) [Trustee/Director]
- Julie Jordan (Director)
- John Cohen (Director)
- Keith Coble (Director)
- Don Zant (Secretary & Director)
- John Rush (First Vice President & Dir) [Trustee/Director]
- Regina Hyatt (Second Vice President & Di) [Trustee/Director]
- Ra'Sheda Forbes (Director)
- Kevin Edelblute (Treasurer & Director)
Where can I find the form 990 for Mississippi State University Educational Building Corporation?
The Mississippi State University Educational Building Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Mississippi State University Educational Building Corporation
Mississippi State University Educational Building Corporation, also known as MSU EBC, is a mission-driven organization with a focus on acquiring land and facilities for Mississippi State University. Through various means, including purchase, lease, bond issuance, construction, and gifts, MSU EBC expands and improves the educational facilities at Mississippi State University. This nonprofit corporation takes the necessary actions to ensure that the interest earned on the bonds is exempt from income taxation.
MSU EBC's primary goal is to support Mississippi State University by providing it with the necessary educational facilities. The corporation's efforts enable the university to offer a superior learning environment, which is essential for the growth and success of its students. By acquiring and maintaining these facilities, MSU EBC plays a crucial role in ensuring that Mississippi State University remains competitive in the world of higher education.
Furthermore, MSU EBC is dedicated to enlarging and improving the existing educational facilities at Mississippi State University. The corporation understands the importance of up-to-date infrastructure and invests in making these improvements to meet the current and future needs of the university. By taking actions necessary to cause the interest earned on bonds to be exempt from income taxation, MSU EBC reduces the financial burden on the university and allows it to allocate more resources towards academic programs and student services.
Impact
This information is meant to be a general summary of Mississippi State University Educational Building Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Mississippi State University Educational Building Corporation plays a vital role in supporting the State University in bond administration and acquiring educational facilities for Mississippi State University in Starkville. By covering construction costs and interest payments to bondholders, the corporation ensures the university has access to the necessary resources for ongoing expansion and improvement of educational facilities. This directly contributes to the university's ability to provide a conducive learning environment for students and faculty members.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1985
Phone
(662) 325-7353
Principal Officer
Kevin Edelblute
Main Address
PO DRAWER 5227 MCARTHUR HALL 5, MISSISIPPI STATE, MS, 39762
NTEE Category
Code: E110 - Health
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