Overview
What is Lexington One School Facilities Corporation?
Lexington One School Facilities Corporation is a nonprofit organization based in Lexington, South Carolina, specifically at 100 TARRAR SPRINGS ROAD. Their primary mission is to support public education in Lexington County, South Carolina, through collaborative partnerships with governmental entities and exempt organizations that offer educational services. To achieve this goal, they engage in activities such as acquiring, constructing, financing, maintaining, operating, managing, leasing, and disposing of school buildings and other public education facilities for the benefit of Lexington County School District One. This nonprofit is committed to enhancing the educational infrastructure in the region, thereby promoting quality education for the local community.
Official website here: www.lexington1.net
Is Lexington One School Facilities Corporation legitimate?
Lexington One School Facilities Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington One School Facilities 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.
Heare 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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Official website here: www.lexington1.net
What is the mission statement of Lexington One School Facilities Corporation?
The Lexington One School Facilities Corporation's mission is centered around acquiring, constructing, financing, and maintaining school buildings and other education facilities. This is done with the primary aim of benefiting a specific school district. The corporation also encourages and promotes public education through collaborative arrangements with governmental entities and exempt organizations that provide education in the area. Their activities extend to leasing and disposing of these facilities, with the ultimate goal of improving and operating them effectively for the benefit of the students and the educational community.
Official website here: www.lexington1.net
Who is the CEO of Lexington One School Facilities Corporation?
Dr Gerrita Postlewait is the Director of Lexington One School Facilities Corporation.
Official website here: www.lexington1.net
What is the revenue of Lexington One School Facilities Corporation?
Lexington One School Facilities Corporation's revenue in 2023 was $6,065,078.
Official website here: www.lexington1.net
Who are the executives of Lexington One School Facilities Corporation and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $104,865
- Other: $0
Official website here: www.lexington1.net
Where can I find the form 990 for Lexington One School Facilities Corporation?
Lexington One School Facilities Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lexington1.net
Learn more at the official website: www.lexington1.net
Mission Statement of Lexington One School Facilities Corporation
Lexington One School Facilities Corporation, a nonprofit entity, is dedicated to procuring, constructing, financing, pledging, improving, maintaining, operating, managing, leasing, and disposing of school buildings and other public education facilities. These facilities are intended for the utilization and benefit of Lexington County School District One. Beyond this primary function, the corporation also aims to foster and promote public education by establishing cooperative agreements with governmental entities and exempt organizations that provide educational services within Lexington County, South Carolina. In essence, Lexington One School Facilities Corporation plays a significant role in ensuring the availability and maintenance of quality educational facilities, thereby contributing to the overall advancement of education in the region.
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Impact
October, 2024
Lexington One School Facilities Corporation significantly enhances the educational landscape of Lexington County by facilitating the development and maintenance of school buildings and public education facilities. Through its activities of acquiring, constructing, financing, and operating these essential structures, the corporation ensures that students and educators have access to modern and functional learning environments.
This impact is further amplified by its commitment to promoting public education through partnerships with governmental entities and educational organizations in the area. By fostering cooperative arrangements, the corporation not only improves existing facilities but also advocates for new developments that align with the needs of Lexington County School District One. As a result, it plays a crucial role in supporting the educational mission of the district, directly benefiting students, teachers, and the broader community.
This information is meant to be a general summary of Lexington One School Facilities Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $6,065,078
Assets and Liabilities:
- Total Assets: $73,030,000
- Total Liabilities: $42,220,000
- Net Assets: $30,810,000
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Organization Details
Founding Year
2005
Phone
(803) 821-1000Principal Officer
Dr Gerrita Postlewait
Main Address
100 TARRAR SPRINGS ROAD, LEXINGTON, SC, 29072
Website
www.lexington1.netNTEE Category
Code: B11 - Education
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