nonprofit logo

Christopher Newport University Real Estate Foundation

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

EIN: 541863192 ✦ Newport news, VA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Christopher Newport University Real Estate Foundation?

The Christopher Newport University Real Estate Foundation is a nonprofit organization situated in Newport News, Virginia. Its primary mission is to collect, manage, and distribute funds and assets exclusively to support the educational endeavors and objectives of Christopher Newport University. This foundation serves as a crucial instrument in furthering the university's educational activities and aims. With a dedicated workforce of one individual, the foundation plays a pivotal role in advancing the educational initiatives of Christopher Newport University.


Official website here: www.explore.cnu.edu/

Is Christopher Newport University Real Estate Foundation legitimate?

Christopher Newport University Real Estate Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christopher Newport University Real Estate Foundation 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: $627,157
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.explore.cnu.edu/

What is the mission statement of Christopher Newport University Real Estate Foundation?

The Christopher Newport University Real Estate Foundation's primary role is to collect, manage, and distribute funds and property. This is done with the sole purpose of supporting and advancing the educational activities and objectives of Christopher Newport University. The foundation serves as a vital resource in furthering the educational expenses of the university. It is dedicated to contributing to the university's growth and development, ensuring its continued success in providing quality education.


Official website here: www.explore.cnu.edu/

Who is the CEO of Christopher Newport University Real Estate Foundation?

Spencer Mcdonald is the Board Member of Christopher Newport University Real Estate Foundation. The CEO's salary of Christopher Newport University Real Estate Foundation is $0 and their total compensation is $250,525.


Official website here: www.explore.cnu.edu/

What is the revenue of Christopher Newport University Real Estate Foundation?

Christopher Newport University Real Estate Foundation's revenue in 2023 was $4,121,962.


Official website here: www.explore.cnu.edu/

Who are the executives of Christopher Newport University Real Estate Foundation and what are their salaries?

The average compensation at Christopher Newport University Real Estate Foundation during 2023 was $627,157. There is 1 employee and 12 volunteers at Christopher Newport University Real Estate Foundation.


Here are 17 key members and their salaries (Christopher Newport University Real Estate Foundation's CEO's salary is $0 and their total compensation is $250,525):


Adelia P Thompson (Board Member)
  • Compensation: $0
  • Related: $410,584
  • Other: $23,972
Ann Hunnicut (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randolph P Bryant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael C Martin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul S Trible (Board Member)
  • Compensation: $605,100
  • Related: $426,384
  • Other: $32,343
William P Heath Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William L Brauer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey A Carney (Board Of Visitors Appointe)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Bruce Jennings (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Clark Baldwin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven A Meade (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Wornom (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Latour (Secretary)
  • Compensation: $0
  • Related: $239,549
  • Other: $32,135
C Larry Pope (Board Of Visitors Appointe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Witt (Board Member)
  • Compensation: $0
  • Related: $215,544
  • Other: $22,529
K Spencer Mcdonald (Controller & Treasurer)
  • Compensation: $0
  • Related: $139,664
  • Other: $13,361
Douglas L Hornsby (Chief Executive Officer)
  • Compensation: $0
  • Related: $227,184
  • Other: $23,341


Official website here: www.explore.cnu.edu/

Where can I find the form 990 for Christopher Newport University Real Estate Foundation?

Christopher Newport University Real Estate Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.explore.cnu.edu/

Learn more at the official website: www.explore.cnu.edu/

Mission Statement of Christopher Newport University Real Estate Foundation

The Christopher Newport University Real Estate Foundation's mission is centered around the receipt, administration, and distribution of funds and property. This is done with the primary objective of supporting and furthering the educational activities and goals of Christopher Newport University. The foundation serves as a vital resource, contributing directly to the university's educational expenses. By doing so, it plays a significant role in advancing the academic pursuits and objectives of Christopher Newport University.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

The Christopher Newport University Real Estate Foundation plays a vital role in enhancing the educational landscape at Christopher Newport University. By receiving, administering, and distributing funds and property, it directly supports various educational activities and objectives of the university. The foundation's efforts help to finance educational expenses, providing essential resources that foster academic growth and ensure a high-quality learning environment for students. Its impact is evident in the enriched educational experiences and opportunities it creates, aligning closely with the university's mission to empower students and advance their academic goals in Newport News, Virginia.




This information is meant to be a general summary of Christopher Newport University Real Estate Foundation. 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
$4,121,962 (2023)
Expenses
$3,847,537 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,309
  • Gross Receipts: $13,072,963

Assets and Liabilities:

  • Total Assets: $122,142,733
  • Total Liabilities: $111,580,357
  • Net Assets: $10,562,376

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1997

Principal Officer

Spencer Mcdonald

Main Address

ONE UNIVERSITY PLACE, NEWPORT NEWS, VA, 236062998

NTEE Category

Code: B99 - Education

If you are a representative of Christopher Newport University Real Estate Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.