Overview
What is East Carolina University Real Estate Foundation Inc?
East Carolina University Real Estate Foundation Inc is a charitable and educational nonprofit organization, located at 2200 S Charles Blvd 1100, Greenville, NC 27858. Their primary mission is to manage, lease, sell, and own real estate properties exclusively for the benefit of East Carolina University and East Carolina University Foundation, Inc. This nonprofit organization operates with the intention of utilizing the income generated from these properties to further support the educational endeavors and charitable initiatives of the affiliated institutions.
Official website here: www.ecu.edu/give
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (60%, Two-Star out of Four Star rating)
The East Carolina University Real Estate Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall performance. The organization boasts a perfect score in Accountability & Finance, with strong practices in governance, such as a majority of independent board members and comprehensive financial oversight. However, the low program expense ratio of 18.42% and a liabilities to assets ratio of 30.59% suggest challenges in effective resource allocation toward its mission.
User feedback from Great Nonprofits highlights the positive impact of the foundation, particularly from a board member who rated it highly. This review emphasizes the organization's significant contributions to East Carolina University, reflecting a commitment to its mission despite the financial ratios indicating potential areas for growth.
Overall, while the foundation demonstrates strong governance and accountability practices, the financial metrics raise concerns about its operational efficiency. It would benefit from focusing on increasing program expenses to further its mission and enhance its rating in the future.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is East Carolina University Real Estate Foundation Inc legitimate?
East Carolina University Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Carolina University Real Estate Foundation 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
Official website here: www.ecu.edu/give
What is the mission statement of East Carolina University Real Estate Foundation Inc?
The East Carolina University Real Estate Foundation's mission is centered around owning, managing, leasing, and selling real estate property for charitable and educational purposes. This is done with the primary objective of benefiting East Carolina University and the East Carolina University Foundation, Inc. The foundation's activities are solely dedicated to furthering the interests of these institutions.
Official website here: www.ecu.edu/give
Who is the CEO of East Carolina University Real Estate Foundation Inc?
Christopher M Dyba is the President of East Carolina University Real Estate Foundation Inc.
Official website here: www.ecu.edu/give
What is the revenue of East Carolina University Real Estate Foundation Inc?
East Carolina University Real Estate Foundation Inc's revenue in 2022 was $192,099.
Official website here: www.ecu.edu/give
Who are the executives of East Carolina University Real Estate Foundation Inc and what are their salaries?
There 5 volunteers at East Carolina University Real Estate Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $281,770
- Other: $76,489
- Compensation: $0
- Related: $252,150
- Other: $67,542
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $331,675
- Other: $208,522
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ecu.edu/give
Where can I find the form 990 for East Carolina University Real Estate Foundation Inc?
East Carolina University Real Estate Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ecu.edu/give
Learn more at the official website: www.ecu.edu/give
Mission Statement of East Carolina University Real Estate Foundation Inc
East Carolina University Real Estate Foundation, as its mission statement suggests, is dedicated to owning, managing, leasing, and selling real estate property for charitable and educational purposes. This endeavor is carried out with the primary objective of benefiting East Carolina University and the East Carolina University Foundation, Inc. The foundation's activities are exclusively focused on using real estate property for noble causes, thereby contributing to the betterment of the educational institution and its associated foundation.
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Impact
October, 2024
The East Carolina University Real Estate Foundation Inc significantly impacts the educational landscape of East Carolina University (ECU) by strategically managing real estate assets to support the university's mission. By owning, managing, leasing, and selling properties, the foundation generates resources that are directly funneled into educational and charitable initiatives, enhancing the academic environment and opportunities available to students.
Through its real estate activities, the foundation contributes to the financial stability and growth of ECU, allowing the university to invest in infrastructure, programs, and scholarships that promote student success. The foundation's efforts help create a more vibrant campus life, improving facilities that are vital for learning, research, and community engagement. Ultimately, the foundation plays a crucial role in fostering a dynamic educational ecosystem that benefits both current and future students at East Carolina University.
This information is meant to be a general summary of East Carolina University Real Estate Foundation 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 2022.
- Gross Receipts: $453,426
Assets and Liabilities:
- Total Assets: $5,666,590
- Total Liabilities: $2,184,337
- Net Assets: $3,482,253
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Organization Details
Founding Year
1995
Phone
(252) 737-5369Principal Officer
Christopher M Dyba
Main Address
2200 S CHARLES BLVD 1100, GREENVILLE, NC, 27858
Website
www.ecu.edu/giveNTEE Category
Code: B43I - Education
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