Overview
What is Marshall University Real Estate Foundation Inc?
The Marshall University Real Estate Foundation Inc, located at 519 John Marshall Drive, Huntington, West Virginia (WV 25703), serves as a supporting organization for Marshall University. Its primary mission is to engage in real estate transactions, aiming to benefit the university. During the year, the foundation entered into a lease agreement to construct an educational building for Marshall University, generating certain lease revenues in connection with the project. The Marshall University Real Estate Foundation is dedicated to contributing positively to the university's growth and development through real estate ventures.
Is Marshall University Real Estate Foundation Inc legitimate?
Marshall University Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marshall 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
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What is the mission statement of Marshall University Real Estate Foundation Inc?
The Marshall University Real Estate Foundation, serving as a supporting organization for Marshall University, is primarily focused on conducting real estate transactions to benefit the university. Its mission is centered around facilitating property-related activities with the aim of advancing the educational interests of the university. In specific instances, the foundation entered into a lease agreement with Marshall University, contributing to the construction of an educational building. This association allows the university to utilize the leased property for its educational purposes.
Who is the CEO of Marshall University Real Estate Foundation Inc?
R Scott Anderson is the Executive Director of Marshall University Real Estate Foundation Inc.
What is the revenue of Marshall University Real Estate Foundation Inc?
Marshall University Real Estate Foundation Inc's revenue in 2022 was $1,759,429.
Who are the executives of Marshall University Real Estate Foundation Inc and what are their salaries?
There 7 volunteers at Marshall University Real Estate Foundation Inc.
Here are 8 key members and their salaries:
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- Related: $139,326
- Other: $28,726
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- Other: $0
Where can I find the form 990 for Marshall University Real Estate Foundation Inc?
Marshall University Real Estate Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marshall University Real Estate Foundation Inc
The Marshall University Real Estate Foundation, as a supporting organization of Marshall University's Foundation, is committed to conducting real estate transactions with the primary goal of benefiting Marshall University. In this capacity, the foundation engages in various real estate activities, aiming to contribute positively to the university's growth and development. A notable example of their work involves entering into a lease arrangement with Marshall University for the construction and leasing of an educational building. During this process, the foundation collected certain lease revenues associated with the project. Overall, the Marshall University Real Estate Foundation serves as an instrumental partner in supporting Marshall University's educational endeavors through real estate transactions.
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Impact
October, 2024
The Marshall University Real Estate Foundation Inc plays a crucial role in enhancing the educational infrastructure of Marshall University by facilitating real estate transactions that directly benefit the institution. A key initiative involves the leasing of an educational building, which is currently under construction, designed to support the university's academic mission. By managing this project, the Foundation is not only generating lease revenues but also ensuring that Marshall University has access to modern facilities that foster a conducive learning environment. This strategic partnership continues to advance educational opportunities for students and strengthens the university's footprint in Huntington, West Virginia.
This information is meant to be a general summary of Marshall 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: -$20,857
- Gross Receipts: $2,080,824
Assets and Liabilities:
- Total Assets: $3,682,714
- Total Liabilities: $1,881,829
- Net Assets: $1,800,885
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Organization Details
Founding Year
2008
Phone
(304) 696-6264Principal Officer
R Scott Anderson
Main Address
519 John Marshall Drive, Huntington, WV, 25703
NTEE Category
Code: B11 - Education
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