Overview
What is High Point Realty Associates Inc?
High Point Realty Associates Inc is a nonprofit organization situated in Durham, North Carolina, specifically at 2200 W Main Street STE 300, 27705. Established with the primary objective of supporting Duke University and its affiliates, High Point Realty Associates Inc focuses on acquiring, holding, and managing property for their benefit. The rental income and expenses derived from these holdings are reported on Part VIII, Line 6. This organization plays a crucial role in contributing to Duke University's growth and development by managing and utilizing property resources effectively.
Is High Point Realty Associates Inc legitimate?
High Point Realty Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. High Point Realty Associates 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 High Point Realty Associates Inc?
High Point Realty Associates Inc, as a organization, is established with the primary mission to acquire, hold, and manage property for the benefit of Duke University and its affiliates. This mission is aimed at generating income through rental activities, which is reported separately. The company's role is to contribute to Duke University's growth and development by managing real estate properties effectively. It is an essential entity that supports Duke University's operations and expansion plans by leveraging its expertise in property management.
In simpler terms, High Point Realty Associates Inc serves as a property management arm for Duke University, ensuring that its real estate properties are well-maintained, rented, and managed effectively to generate income for the university's needs. The company's activities contribute to Duke University's overall growth and development.
Who is the CEO of High Point Realty Associates Inc?
Rachel L Satterfield is the Director/Treasurer of High Point Realty Associates Inc.
What is the revenue of High Point Realty Associates Inc?
High Point Realty Associates Inc's revenue in 2023 was $1,131,282.
Who are the executives of High Point Realty Associates Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $511,235
- Other: $50,257
- Compensation: $0
- Related: $397,038
- Other: $66,085
- Compensation: $0
- Related: $362,006
- Other: $45,270
- Compensation: $0
- Related: $190,623
- Other: $36,705
Where can I find the form 990 for High Point Realty Associates Inc?
High Point Realty Associates Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of High Point Realty Associates Inc
High Point Realty Associates Inc, a nonprofit entity, was established with a specific mission in mind. Its primary objective is to receive, acquire, hold, and manage property for the benefit of Duke University and its affiliates. This mission is crucial in providing the necessary resources for the university and its associated organizations, ultimately contributing to their overall growth and development. The income generated from the rental of these properties is reported on Part VIII, Line 6, highlighting the financial significance of High Point Realty Associates Inc's role in supporting Duke University and its affiliates.
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Impact
October, 2024
High Point Realty Associates Inc plays a crucial role in supporting Duke University and its affiliates by actively acquiring, holding, and managing properties. This strategic management of real estate assets not only generates rental income but also contributes to the financial stability and growth of the university's initiatives. By effectively managing these properties, High Point Realty Associates enhances the university’s capacity to focus on its educational and research missions, ultimately benefiting students, faculty, and the broader community. The organization’s efforts in real estate management facilitate the expansion of spaces necessary for academic and extracurricular activities, thus fostering an enriching environment that aligns with Duke University’s goals.
This information is meant to be a general summary of High Point Realty Associates 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 2023.
- Gross Receipts: $19,369,926
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1994
Phone
(919) 684-2006Principal Officer
Rachel L Satterfield
Main Address
2200 W MAIN STREET STE 300, DURHAM, NC, 27705
NTEE Category
Code: T00Z - Philanthropy
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