Overview
What is The Florida State University Real Estate Foundation Incorporated?
The Florida State University Real Estate Foundation Incorporated is a nonprofit organization that plays a crucial role in supporting its affiliated university. By receiving donations of real estate, the foundation manages, leases, mortgages, develops, administers, or sells these properties. The primary aim is to distribute the net proceeds to the university and Florida, thereby aiding in its advancement. The foundation also provides oversight and expertise in real estate matters, strengthening the university's real estate initiatives. Essentially, the Florida State University Real Estate Foundation Incorporated serves to enhance the university's growth and development by leveraging real estate resources.
Official website here: www.realestate.fsu
Is The Florida State University Real Estate Foundation Incorporated legitimate?
The Florida State University Real Estate Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Florida State University Real Estate Foundation Incorporated 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.realestate.fsu
What is the mission statement of The Florida State University Real Estate Foundation Incorporated?
The Florida State University Real Estate Foundation Incorporated serves a mission to receive real estate contributions, manage and lease them, and distribute the net proceeds towards supporting the University and its affiliated organizations. The foundation provides valuable expertise and oversight for the University's real estate initiatives, thereby aiding in its advancement. By managing its real estate holdings, the Florida State University Real Estate Foundation generates funds to contribute to the development and growth of the University.
Official website here: www.realestate.fsu
What is the revenue of The Florida State University Real Estate Foundation Incorporated?
The Florida State University Real Estate Foundation Incorporated's revenue in 2024 was $1,670,297.
Official website here: www.realestate.fsu
Who are the executives of The Florida State University Real Estate Foundation Incorporated and what are their salaries?
The average compensation at The Florida State University Real Estate Foundation Incorporated during 2024 was $55,354. There 6 volunteers at The Florida State University Real Estate Foundation Incorporated.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $447,999
- Other: $51,487
- Compensation: $0
- Related: $1,365,751
- Other: $131,166
- Compensation: $0
- Related: $161,445
- Other: $20,669
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $80,059
- Other: $30,203
- 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: $86,204
- Other: $33,456
- Compensation: $0
- Related: $166,261
- Other: $82,235
- Compensation: $0
- Related: $206,508
- Other: $51,267
- Compensation: $0
- Related: $431,897
- Other: $39,546
Official website here: www.realestate.fsu
Where can I find the form 990 for The Florida State University Real Estate Foundation Incorporated?
The Florida State University Real Estate Foundation Incorporated's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.realestate.fsu
Learn more at the official website: www.realestate.fsu
Mission Statement of The Florida State University Real Estate Foundation Incorporated
The Florida State University Real Estate Foundation Incorporated is an organization with a mission to support its affiliated university. This foundation receives contributions of real estate and manages, leases, mortgages, develops, administers, or sells these properties to distribute the net proceeds to the university and other related institutions. By doing so, it aids in the advancement of the university, providing oversight and expertise for its real estate initiatives. The Florida State University Real Estate Foundation serves as a benefactor to the university, using its real estate management skills to contribute to its growth and development.
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Impact
October, 2024
The Florida State University Real Estate Foundation Incorporated significantly impacts the advancement of the University and the broader community. By managing, leasing, developing, and selling real estate contributions, the foundation generates net proceeds that directly benefit the University, enhancing its resources and capabilities.
Its expertise in real estate initiatives ensures effective oversight and strategic development, enabling the University to expand its facilities and services. This support extends to various direct support organizations affiliated with the University, creating a ripple effect that strengthens educational opportunities and community engagement. Overall, the foundation plays a critical role in fostering growth and sustainability for Florida State University and its stakeholders.
This information is meant to be a general summary of The Florida State University Real Estate Foundation Incorporated. 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.
- Investment Income: -$109,079
- Gross Receipts: $1,962,713
Assets and Liabilities:
- Total Assets: $18,254,566
- Total Liabilities: $16,740,585
- Net Assets: $1,513,981
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Organization Details
Founding Year
2011
Principal Officer
Brady Adcox
Website
www.realestate.fsuNTEE Category
Code: B80 - Education
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