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Capital Facilities Foundation Inc

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

EIN: 202483538 ✦ Greensboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Capital Facilities Foundation Inc?

Capital Facilities Foundation Inc is a nonprofit organization located in Greensboro, North Carolina. Their primary objective is to support the University of North Carolina at Greensboro (UNCG) by aiding in the acquisition, development, financing, construction, management, and operation of capital assets for the university. This involvement aims to enhance UNCG's mission and contribute to its growth and development. The foundation assists UNCG in various capacities, from financing and construction projects to managing and operating capital assets, ultimately contributing to UNCG's overall mission.

Is Capital Facilities Foundation Inc legitimate?

Capital Facilities Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Facilities 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.


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 Capital Facilities Foundation Inc?

Capital Facilities Foundation Inc's mission is centered around supporting University of North Carolina at Greensboro (UNCG) by aiding in the acquisition, development, financing, construction, management, and operation of capital assets. This mission aim is to enhance UNCG's overall mission, contributing to its growth and improvement. By providing financial support and operational assistance, the Foundation helps UNCG in expanding its infrastructure and facilities, thereby enhancing its educational and research capabilities.

Who is the CEO of Capital Facilities Foundation Inc?

Robert J Shea Jr is the President of Capital Facilities Foundation Inc.

What is the revenue of Capital Facilities Foundation Inc?

Capital Facilities Foundation Inc's revenue in 2022 was $585,634.

Who are the executives of Capital Facilities Foundation Inc and what are their salaries?

There 2 volunteers at Capital Facilities Foundation Inc.


Here are 9 key members and their salaries:


Robert J Shea Jr (President)
  • Compensation: $0
  • Related: $276,849
  • Other: $60,704
Scott Milman (Director)
  • Compensation: $0
  • Related: $141,647
  • Other: $38,587
Sameer Kapileshwari (Director)
  • Compensation: $0
  • Related: $170,460
  • Other: $45,298
Franklin Gilliam (Director)
  • Compensation: $0
  • Related: $489,568
  • Other: $69,146
Debbie Storrs (Director)
  • Compensation: $0
  • Related: $184,463
  • Other: $25,605
Cathy Akens (Chair)
  • Compensation: $0
  • Related: $209,279
  • Other: $34,855
Timothy Johnson (Director)
  • Compensation: $0
  • Related: $120,438
  • Other: $14,818
Betsy Oakley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Samet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Capital Facilities Foundation Inc?

Capital Facilities Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Capital Facilities Foundation Inc

Capital Facilities Foundation Inc, in its mission, aims to bolster the mission of UNC Greensboro by facilitating the acquisition, development, financing, construction, management, and operation of capital assets for the university. This nonprofit organization plays a crucial role in enhancing UNC Greensboro's infrastructure and resources, ultimately contributing to the university's overall growth and success. By assuming these responsibilities, Capital Facilities Foundation Inc enables UNC Greensboro to continue providing an exceptional educational experience to its students and community.

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Impact




October, 2024

Capital Facilities Foundation Inc plays a critical role in the advancement of educational infrastructure at UNC Greensboro. By facilitating the acquisition, development, financing, construction, management, and operation of capital assets, the foundation significantly enhances the university's ability to provide quality education, resources, and services to its students and faculty.

The foundation supports initiatives that lead to improved facilities, which directly impact the learning environment and overall student experience. This effort aligns with the strategic goals of UNC Greensboro and contributes to the university's mission of fostering academic excellence and supporting community engagement. The foundation’s work not only helps in modernizing and expanding the university's physical infrastructure but also reinforces its commitment to providing a conducive educational atmosphere.

Through its initiatives, Capital Facilities Foundation Inc ultimately strengthens the university's capacity to attract and retain students and faculty, promoting academic achievement and innovation in Greensboro, NC.




This information is meant to be a general summary of Capital Facilities Foundation 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
$585,634 (2022)
Expenses
$625,728 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $212,683
  • Program Service Revenue: $372,951
  • Gross Receipts: $585,634

Assets and Liabilities:

  • Total Assets: $21,963,260
  • Total Liabilities: $17,142,163
  • Net Assets: $4,821,097

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Programs

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

RENTAL INCOME

Revenue

$350,951

COMMISSIONS

Revenue

$22,000

Organization Details

Founding Year

2005

Principal Officer

Robert J Shea Jr

Main Address

P O BOX 26170, GREENSBORO, NC, 27402

NTEE Category

Code: B11 - Education

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