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Mississippi State University Educational Building Corporation

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

EIN: 640723407 ✦ Missisippi state, MS ✦ Designated as a 501(c)(3)

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

For more financial information, click here


What is the mission statement of Mississippi State University Educational Building Corporation?
Who is the CEO of Mississippi State University Educational Building Corporation?
What is the revenue of Mississippi State University Educational Building Corporation?
Who are the executives of Mississippi State University Educational Building Corporation and what are their salaries?
Where can I find the form 990 for Mississippi State University Educational Building Corporation?

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.

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: $2,763
  • Program Service Revenue: $0
  • Gross Receipts: $14,924,916

    • Assets and Liabilities:
  • Total Assets: $332,635,005
  • Total Liabilities: $332,632,125
  • Net Assets: $2,880
  • Organization Details

    Founding Year

    1985

    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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