Overview
What is The University Of Toledo Foundation Real Estate Corp?
The University of Toledo Foundation Real Estate Corp is a nonprofit organization based in Toledo, Ohio, specifically at 4510 Dorr St MS 820. Their primary mission involves acquiring and holding title to real property, ultimately benefiting the University of Toledo. This entity serves as a key resource, collecting income derived from these properties, enhancing the University's overall financial stability and growth.
Official website here: www.utfoundation.org
Is The University Of Toledo Foundation Real Estate Corp legitimate?
The University Of Toledo Foundation Real Estate Corp is a legitimate nonprofit organization registered as a 501(c)(25) entity. The University Of Toledo Foundation Real Estate Corp 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
Official website here: www.utfoundation.org
What is the mission statement of The University Of Toledo Foundation Real Estate Corp?
The University of Toledo Foundation Real Estate Corp's mission is to acquire and maintain ownership of real property, serving the interests of the University of Toledo. By holding title to these properties, the corporation collects income, which ultimately benefits the university. This role is instrumental in supporting the academic and operational needs of the University of Toledo. The corporation's activities contribute significantly to the university's overall growth and development by providing it with valuable resources through property ownership.
Official website here: www.utfoundation.org
Who is the CEO of The University Of Toledo Foundation Real Estate Corp?
Brenda Lee is the CEO of The University Of Toledo Foundation Real Estate Corp The CEO's salary of The University Of Toledo Foundation Real Estate Corp is $0 and their total compensation is $283,376.
Official website here: www.utfoundation.org
What is the revenue of The University Of Toledo Foundation Real Estate Corp?
The University Of Toledo Foundation Real Estate Corp's revenue in 2024 was $1,213,503.
Official website here: www.utfoundation.org
Who are the executives of The University Of Toledo Foundation Real Estate Corp and what are their salaries?
There 8 volunteers at The University Of Toledo Foundation Real Estate Corp.
Here are 8 key members and their salaries (The University Of Toledo Foundation Real Estate Corp's CEO's salary is $0 and their total compensation is $283,376):
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $255,208
- Other: $28,168
- Compensation: $0
- Related: $179,462
- Other: $29,768
Official website here: www.utfoundation.org
Where can I find the form 990 for The University Of Toledo Foundation Real Estate Corp?
The University Of Toledo Foundation Real Estate Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.utfoundation.org
Learn more at the official website: www.utfoundation.org
Mission Statement of The University Of Toledo Foundation Real Estate Corp
The University of Toledo Foundation Real Estate Corp, in essence, is an organization dedicated to acquiring and maintaining ownership of real estate properties. Its primary objective is to leverage these properties for the benefit of The University of Toledo. This corporation collects income derived from these real estate assets, thereby contributing to the overall wellbeing and development of the university. By managing its real estate portfolio effectively, The University of Toledo Foundation Real Estate Corp plays a crucial role in supporting the University of Toledo's growth and success.
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Impact
October, 2024
The University of Toledo Foundation Real Estate Corp plays a crucial role in enhancing the resources available to the University of Toledo. By acquiring and holding title to real estate, the organization ensures that valuable properties can be leveraged to support the university’s mission and initiatives. This includes generating income from the real estate holdings, which can be reinvested into the university to foster educational advancements, student services, and community engagement.
The strategic management of real property not only bolsters the university's financial stability but also contributes to community improvement. Through its real estate activities, the organization helps to create a positive impact on the local economy, while facilitating growth and development opportunities that benefit both the university and the surrounding Toledo community. In essence, the foundation acts as a vital link in enhancing the university’s capabilities and resources, thereby furthering its commitment to education and community service.
This information is meant to be a general summary of The University Of Toledo Foundation Real Estate Corp. 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 2024.
- Gross Receipts: $1,428,421
Assets and Liabilities:
- Total Assets: $1,169,158
- Total Liabilities: $8,311,925
- Net Assets: -$7,142,767
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Organization Details
Founding Year
2001
Principal Officer
Randy Rothenbuhler
Website
www.utfoundation.orgNTEE Category
Code: S47 - Community improvement
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