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Fsu Foundation Supporting Organization Inc

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

EIN: 043491990 ✦ Fitchburg, MA ✦ Designated as a 501(c)(3)

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Overview

What is Fsu Foundation Supporting Organization Inc?

Fsu Foundation Supporting Organization Inc is a nonprofit entity based on its mission to support the educational ventures of Fitchburg State University and Fitchburg State University Foundation Inc. They achieve this by acquiring, holding, and operating real estate and related improvements, with the aim of generating rental and licensing income to fund their programs. This nonprofit organization's primary objective is to contribute to the educational endeavors of these two institutions, thereby enhancing their overall impact and reach.


Official website here: www.fitchburgstate.edu

What do the Facebook reviews say about Fsu Foundation Supporting Organization Inc?

90% of 419 reviewers on Facebook recommend the FSU Foundation Supporting Organization Inc. Here is a summary of their reviews:

While the overall recommendation rate is favorable, individual comments do express concerns unrelated to the nonprofit's mission. The predominant sentiment among supporters highlights appreciation for the organization's efforts and initiatives in supporting students and community engagement. Many seem satisfied with the services and opportunities provided.

However, there are occasional mentions requesting improvements in certain operational areas, such as student training programs. These concerns, though not as common, suggest there are aspects that could benefit from further attention. Overall, the organization has a strong backing, signifying that it is generally perceived as effective in what it aims to accomplish.


This AI summary has been generated from reviews found on Facebook.

Is Fsu Foundation Supporting Organization Inc legitimate?

Fsu Foundation Supporting Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fsu Foundation Supporting Organization 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.


Heare 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.fitchburgstate.edu

What is the mission statement of Fsu Foundation Supporting Organization Inc?

The Fsu Foundation Supporting Organization Inc. has a mission to support the educational pursuits of Fitchburg State University. To accomplish this, the organization acquires, holds, operates, and leases real estate and related improvements. Their primary objective is to generate rental and licensing income from these facilities, which in turn aids the educational programs of both Fitchburg State University and Fitchburg State University Foundation Inc. Essentially, the Fsu Foundation Supporting Organization Inc. works to bolster the educational endeavors of these institutions through its real estate management activities.


Official website here: www.fitchburgstate.edu

Who is the CEO of Fsu Foundation Supporting Organization Inc?

Jay Bry is the Principal Officer of Fsu Foundation Supporting Organization Inc.


Official website here: www.fitchburgstate.edu

What is the revenue of Fsu Foundation Supporting Organization Inc?

Fsu Foundation Supporting Organization Inc's revenue in 2022 was $746,945.


Official website here: www.fitchburgstate.edu

Who are the executives of Fsu Foundation Supporting Organization Inc and what are their salaries?

There 6 volunteers at Fsu Foundation Supporting Organization Inc.


Here are 15 key members and their salaries:


Michael Mahan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Healey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Celuzza (Treasurer Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott W Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael E Montuori (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Atty Carol Vittorioso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay D Bry (V P Of Finance Administration)
  • Compensation: $0
  • Related: $165,499
  • Other: $9,032
Richard Lapidus (President Fsu)
  • Compensation: $0
  • Related: $255,658
  • Other: $26,880
Catherine Canney (V P Academic Affairs)
  • Compensation: $0
  • Related: $168,402
  • Other: $25,796
Stephen Swartz (Chief Information Officer)
  • Compensation: $0
  • Related: $173,237
  • Other: $29,919
Kelly Morgan (Professor)
  • Compensation: $0
  • Related: $166,437
  • Other: $28,171
Xuzhou Chen (Professor Department Chair)
  • Compensation: $0
  • Related: $159,947
  • Other: $15
Charles Sides (Professor)
  • Compensation: $0
  • Related: $164,895
  • Other: $33,010
Laura Bayless (Vp Student Affairs)
  • Compensation: $0
  • Related: $136,999
  • Other: $43,294
Jeffrey Wolfman (V P Development)
  • Compensation: $0
  • Related: $142,249
  • Other: $39,032


Official website here: www.fitchburgstate.edu

Where can I find the form 990 for Fsu Foundation Supporting Organization Inc?

Fsu Foundation Supporting Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fitchburgstate.edu

Learn more at the official website: www.fitchburgstate.edu

Mission Statement of Fsu Foundation Supporting Organization Inc

Fsu Foundation Supporting Organization Inc, with its exempt purpose, is committed to bolstering the educational pursuits of Fitchburg State University. To achieve this, the organization engages in various real estate-related activities. Specifically, it acquires, holds, operates, and leases real estate and related improvements. The primary goal is to generate rental and licensing income, which can then be utilized to support the educational programs of both Fitchburg State University and Fitchburg State University Foundation Inc. In essence, Fsu Foundation Supporting Organization Inc plays a vital role in enhancing the educational environment by providing necessary facilities and resources.

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Impact




October, 2024

Fsu Foundation Supporting Organization Inc significantly impacts Fitchburg State University by enhancing its educational landscape through strategic acquisition and management of real estate. By providing facilities that serve the university’s diverse programs, it generates rental and license income that directly supports educational initiatives. This organization plays an essential role in creating an environment conducive to learning, enabling students and faculty to thrive within well-equipped spaces. Its commitment to securing and improving real estate ensures that Fitchburg State University has access to the necessary infrastructure to facilitate a robust and dynamic educational experience.




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


Financials

This financial information is from Propublica.

Revenue
$746,945 (2022)
Expenses
$810,903 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $466
  • Program Service Revenue: $639,343
  • Gross Receipts: $746,945

Assets and Liabilities:

  • Total Assets: $6,841,585
  • Total Liabilities: $4,447,481
  • Net Assets: $2,394,104

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Programs

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

Lessors of Nonresidential Buildings except Miniwarehouses

Revenue

$165,000

Other Activities Related to Real Estate

Revenue

$23,495

Other Activities Related to Real Estate

Revenue

$450,848

Organization Details

Founding Year

1999

Principal Officer

Jay Bry

Main Address

160 PEARL ST, FITCHBURG, MA, 014202631

NTEE Category

Code: B11 - Education

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