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Ave Maria University Land Trust Inc

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

EIN: 200154974 ✦ Ave maria, FL ✦ Designated as a 501(c)(3)

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Overview

What is Ave Maria University Land Trust Inc?

Ave Maria University Land Trust Inc is a supporting organization, classified under Section 509(A)(3), primarily dedicated to assisting Ave Maria University. Their primary function revolves around investing in rural real property situated around the university. This strategic investment aims to contribute to the growth and development of the educational institution. The Trust's activities are centered around Ave Maria, Florida, with a specific address at 5050 AVE MARIA BLVD, 34142.

Is Ave Maria University Land Trust Inc legitimate?

Ave Maria University Land Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ave Maria University Land Trust 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

What is the mission statement of Ave Maria University Land Trust Inc?

Ave Maria University Land Trust Inc serves as a Section 509(A)(3) supporting organization for Ave Maria University. Its primary mission is to support the university primarily by investing in interests in rural real property situated around the educational institution. This investment strategy is aimed at contributing to the university's growth and development. By doing so, the Land Trust Inc plays a crucial role in enhancing the university's overall impact and capabilities.

Who is the CEO of Ave Maria University Land Trust Inc?

Eugene Munin is the Treasurer/Director of Ave Maria University Land Trust Inc.

What is the revenue of Ave Maria University Land Trust Inc?

Ave Maria University Land Trust Inc's revenue in 2022 was $2,581,791.

Who are the executives of Ave Maria University Land Trust Inc and what are their salaries?

There 1 volunteer at Ave Maria University Land Trust Inc.


Here are 3 key members and their salaries:


George Forrest Iii (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Munin (President/Director)
  • Compensation: $0
  • Related: $178,414
  • Other: $0
Roger Nutt (Secretary/Director)
  • Compensation: $0
  • Related: $234,604
  • Other: $0
Where can I find the form 990 for Ave Maria University Land Trust Inc?

Ave Maria University Land Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ave Maria University Land Trust Inc

Ave Maria University Land Trust Inc, functioning as a Section 509(A)(3) supporting organization, primarily aids Ave Maria University by investing in rural real property interests surrounding the university. The organization's mission is centered around supporting the educational institution, with its primary means of assistance being through land acquisition and property management efforts in rural areas surrounding the university. The end goal is to ensure the university's continued growth and development, while also contributing to the surrounding community by preserving rural land.

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Impact




October, 2024

Ave Maria University Land Trust Inc significantly impacts the community by focusing on the development and preservation of rural real property surrounding Ave Maria University in Florida. By investing in these areas, the organization enhances the university's environment and promotes sustainable growth and development. This support not only provides essential resources for the university's expansion but also contributes to the overall educational mission by creating a conducive atmosphere for learning and community engagement.

The trust plays a critical role in fostering a vibrant and stable community around Ave Maria University, ensuring the availability of resources that support educational activities. By strategically managing real estate interests, the organization helps maintain the aesthetic and functional integrity of the area, which is vital for attracting students and faculty.

Overall, Ave Maria University Land Trust Inc's initiatives strengthen the university’s mission and bolster the local community by creating opportunities for development, enhancing educational experiences, and promoting long-term sustainability in the region.




This information is meant to be a general summary of Ave Maria University Land Trust 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
$2,581,791 (2022)
Expenses
$6,850,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,581,791
  • Gross Receipts: $2,900,823

Assets and Liabilities:

  • Total Assets: $45,267,081
  • Total Liabilities: $5,835,579
  • Net Assets: $39,431,502

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Organization Details

Founding Year

2003

Principal Officer

Eugene Munin

Main Address

5050 AVE MARIA BLVD, AVE MARIA, FL, 34142

NTEE Category

Code: B114 - Education

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