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Cortland College Foundation Properties Inc

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

EIN: 208746984 ✦ Cortland, NY ✦ Designated as a 501(c)(2)

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Overview

What is Cortland College Foundation Properties Inc?

Cortland College Foundation Properties Inc is a nonprofit organization headquartered in Cortland, New York. Their primary function is to manage and handle real estate gifts and properties of strategic value, contributing to the Cortland College Foundation. This involvement in real estate allows them to support the foundation's growth and objectives, furthering its mission.

Is Cortland College Foundation Properties Inc legitimate?

Cortland College Foundation Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Cortland College Foundation Properties 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 Cortland College Foundation Properties Inc?

Cortland College Foundation Properties Inc's primary role is to manage and handle real estate gifts and properties of strategic value. This organization serves the purpose of transferring or selling these assets to the Cortland College Foundation. The main objective is to utilize these resources for the benefit of the foundation, contributing to its overall growth and operations.

What is the revenue of Cortland College Foundation Properties Inc?

Cortland College Foundation Properties Inc's revenue in 2024 was $62,650.

Who are the executives of Cortland College Foundation Properties Inc and what are their salaries?

There 7 volunteers at Cortland College Foundation Properties Inc.

Here are 7 key members and their salaries:


Johanna Ames (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nora Sullivan (Treasurer/Vice Chair (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Turybury (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candy Altman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernest Logan (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Crane (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Coyne (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cortland College Foundation Properties Inc?

Cortland College Foundation Properties Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Cortland College Foundation Properties Inc

Cortland College Foundation Properties Inc is dedicated to a specific mission. This mission involves holding, acquiring, and strategically transferring or selling real estate gifts and properties of value to the Cortland College Foundation. By doing so, the organization contributes to the growth and development of the foundation, ultimately benefiting Cortland College. The primary objective of Cortland College Foundation Properties Inc is to manage and utilize real estate resources effectively, ensuring they serve the best interests of the foundation. This mission is crucial in supporting the overall objectives and goals of Cortland College Foundation.

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Impact




October, 2024

Cortland College Foundation Properties Inc significantly contributes to the community and the Cortland College Foundation by managing real estate gifts and properties that hold strategic value. By acquiring, holding, and transferring these properties, the organization enhances the resources available to Cortland College, promoting educational opportunities and community development. The strategic management of real estate supports various initiatives that can lead to improved facilities and programs, benefiting students, faculty, and the surrounding community. Overall, its impact fosters a vibrant educational environment while also contributing to local community improvement.




This information is meant to be a general summary of Cortland College Foundation Properties 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
$62,650 (2024)
Expenses
$56,357 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $21
  • Program Service Revenue: $62,629
  • Gross Receipts: $62,650

Assets and Liabilities:

  • Total Assets: $1,189,719
  • Total Liabilities: $260,885
  • Net Assets: $928,834

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Programs

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

RENTAL

Revenue

$62,629

Organization Details

Founding Year

2007

Principal Officer

David Turybury

NTEE Category

Code: S41 - Community improvement

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