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Bucknell Real Estate Inc

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

EIN: 273576298 ✦ Lewisburg, PA ✦ Designated as a 501(c)(2)

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Overview

What is Bucknell Real Estate Inc?

Bucknell Real Estate Inc, headquartered at 701 Moore Avenue Suite 219, Lewisburg, PA 17837, is a specialized organization established primarily for Bucknell University and its parent body. Their primary role involves acquiring, rehabilitating, and holding title to real estate properties. This not only includes leasing but also refurbishing these properties, all on behalf of Bucknell University. The company's mission is singularly focused on supporting its parent organization's real estate needs and interests.

Is Bucknell Real Estate Inc legitimate?

Bucknell Real Estate Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Bucknell Real Estate 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 Bucknell Real Estate Inc?

Bucknell Real Estate Inc was established with a specific purpose: to acquire, hold title to, lease, and rehabilitate real estate on behalf of Bucknell University. This company serves as an auxiliary entity, ensuring the university has suitable properties for its needs. By executing this role, Bucknell Real Estate Inc has managed to acquire, rehabilitate, and hold ownership of three properties on behalf of its parent organization.

Who is the CEO of Bucknell Real Estate Inc?

Elizabeth D Stewart is the Interim Pres/Vp of Bucknell Real Estate Inc.

What is the revenue of Bucknell Real Estate Inc?

Bucknell Real Estate Inc's revenue in 2022 was $177,000.

Who are the executives of Bucknell Real Estate Inc and what are their salaries?


Here are 5 key members and their salaries:


Elizabeth D Stewart (Interim Pres/Vp)
  • Compensation: $0
  • Related: $180,733
  • Other: $40,426
Ronald E Stauffer Ii (Director)
  • Compensation: $0
  • Related: $136,422
  • Other: $25,570
Lori Wilson (Secretary)
  • Compensation: $0
  • Related: $130,951
  • Other: $70,247
Eileen E Petula (Vp Fin And Adm)
  • Compensation: $0
  • Related: $317,761
  • Other: $96,028
Ellen Ruby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bucknell Real Estate Inc?

Bucknell Real Estate Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bucknell Real Estate Inc

Bucknell Real Estate Inc, as its name suggests, was established with a singular purpose. This purpose revolves around acquiring and holding title to real estate, leasing property, and overseeing its rehabilitation on behalf of Bucknell University, its parent organization. By undertaking these tasks, Bucknell Real Estate Inc plays a crucial role in supporting its affiliated university, contributing to its overall growth and development.

By assuming responsibility for the acquisition, rehabilitation, and holding of properties, Bucknell Real Estate Inc has demonstrated its commitment to providing essential resources for Bucknell University. This commitment extends beyond mere property management, as the company also takes on the responsibility of leasing these properties, ensuring that they are utilized effectively and efficiently. Through its activities, Bucknell Real Estate Inc has played a significant role in enhancing the infrastructure and facilities of Bucknell University, thereby contributing to its academic and research endeavors.

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Impact




October, 2024

Bucknell Real Estate Inc plays a pivotal role in enhancing the real estate landscape for Bucknell University and the surrounding community in Lewisburg, PA. By acquiring and rehabilitating properties, the organization not only preserves and revitalizes physical structures, but also fosters an environment conducive to educational and community growth. The strategic management of these properties helps support the university's mission, ensuring that it can provide optimal facilities for its students, faculty, and visitors.

Through its activities, Bucknell Real Estate Inc contributes to community improvement by enhancing the local environment, potentially increasing property values, and promoting sustainable development practices. The revitalized spaces serve as a catalyst for community engagement and collaboration, ultimately enriching the overall college-town experience. By focusing on the real estate needs of the university, Bucknell Real Estate Inc effectively aligns with the broader goal of supporting both academic excellence and community vitality.




This information is meant to be a general summary of Bucknell Real Estate 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
$177,000 (2022)
Expenses
$915,729 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $177,000

Assets and Liabilities:

  • Total Assets: $8,622,057
  • Total Liabilities: $16,903,550
  • Net Assets: -$8,281,493

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Organization Details

Founding Year

2010

Principal Officer

Elizabeth D Stewart

Main Address

701 MOORE AVENUE SUITE 219 MARTS, LEWISBURG, PA, 17837

NTEE Category

Code: S47 - Community improvement

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