Overview
What is Middle Georgia State University Real Estate Foundation Inc?
Middle Georgia State University Real Estate Foundation Inc is a charitable organization based in Macon, Georgia, with an address at 100 University Parkway, GA 31206. Its primary mission is to support Middle Georgia State University by acquiring, developing, and maintaining land and facilities for the university's benefit. In the recent past, the foundation received lease funding and retired a significant portion of debt related to the acquisition and construction of a student housing complex and a student wellness and recreation center. The foundation's activities contribute to enhancing the university's resources and facilities, ultimately benefiting students and the academic community.
Is Middle Georgia State University Real Estate Foundation Inc legitimate?
Middle Georgia State University Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Middle Georgia State University Real Estate 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 Middle Georgia State University Real Estate Foundation Inc?
Middle Georgia State University Real Estate Foundation Inc's mission is centered around providing support to Middle Georgia State University. They achieve this by acquiring, developing, and maintaining land and/or facilities for the benefit of the university. This support is instrumental in enhancing the university's resources and facilities, ultimately contributing to its overall growth and development. Recently, the foundation has utilized lease funding to retire a significant portion of its bond debt, which was incurred during the acquisition and construction of a student housing complex and a student wellness and recreation center.
Who is the CEO of Middle Georgia State University Real Estate Foundation Inc?
Amanda Funches is the Mga Presiden of Middle Georgia State University Real Estate Foundation Inc.
What is the revenue of Middle Georgia State University Real Estate Foundation Inc?
Middle Georgia State University Real Estate Foundation Inc's revenue in 2022 was $4,417,348.
Who are the executives of Middle Georgia State University Real Estate Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $325,701
- Other: $57,217
- Compensation: $0
- Related: $185,828
- Other: $55,271
- Compensation: $0
- Related: $64,511
- Other: $25,337
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Middle Georgia State University Real Estate Foundation Inc?
Middle Georgia State University Real Estate Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Middle Georgia State University Real Estate Foundation Inc
Middle Georgia State University Real Estate Foundation Inc is a organization dedicated to supporting its affiliated university. Its primary mission is to acquire, develop, and maintain land and facilities for the benefit of Middle Georgia State University. This nonprofit aims to enhance the university's resources and infrastructure, contributing to its overall growth and development.
In pursuit of this mission, Middle Georgia State University Real Estate Foundation Inc has taken significant steps. For instance, it secured lease funding and retired a substantial portion of bond debt related to the acquisition and construction of a student housing complex and a student wellness and recreation center. These initiatives not only improve the living and learning environment for students but also contribute to the university's overall campus development.
In essence, Middle Georgia State University Real Estate Foundation Inc plays a crucial role in the university's development by proactively acquiring, developing, and maintaining necessary land and facilities. This support, in turn, enhances the university's ability to provide a comprehensive learning environment for its students.
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Impact
October, 2024
Middle Georgia State University Real Estate Foundation Inc significantly enhances the educational experience at Middle Georgia State University (MGSU) through strategic land and facility development. By acquiring and developing essential properties, the foundation directly supports the university's mission to provide a conducive learning environment for its students.
One of its notable achievements includes the financing and retirement of $865,000 in bond debt, which facilitated the construction of a student housing complex and a wellness and recreation center. These projects not only provide students with essential living and recreational spaces but also contribute to the overall campus life and student engagement at MGSU.
Located in Macon, GA, the foundation plays a pivotal role in ensuring that the university can continue to grow and adapt to the needs of its student body, fostering a robust educational atmosphere. Its efforts support not just current students but also future generations by maintaining a standard of facilities that can enhance the quality of education and campus experience at Middle Georgia State University.
This information is meant to be a general summary of Middle Georgia State University Real Estate 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,401
- Program Service Revenue: $4,409,947
- Gross Receipts: $4,417,348
Assets and Liabilities:
- Total Assets: $39,301,200
- Total Liabilities: $30,163,647
- Net Assets: $9,137,553
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,912,269
FINANCE LEASE INTEREST INCOME
Revenue
$1,497,678
Organization Details
Founding Year
1973
Phone
(478) 757-2500Principal Officer
Amanda Funches
Main Address
100 UNIVERSITY PARKWAY, MACON, GA, 31206
NTEE Category
Code: B80 - Education
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