Overview
What is Auburn University Real Estate Foundation Inc?
Auburn University Real Estate Foundation Inc is a nonprofit organization located at 317 South College Street, Auburn, Alabama 36849. Its primary purpose is to support Auburn University, a renowned educational and land-grant institution. The foundation operates exclusively for its benefit, facilitating the administration and subsequent transfer of real property for academic and administrative purposes. With a team of 15 dedicated individuals, the foundation is committed to contributing to Auburn University's growth and development.
Official website here: www.auburnuniversityrealestatefoundation.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 98% (Four-Star out of Four Stars)**
The Auburn University Real Estate Foundation Inc has achieved an impressive Four-Star rating on Charity Navigator, reflecting its commitment to high standards of accountability and financial health. The organization excels particularly in its Accountability & Finance score, where it demonstrates full compliance with essential governance practices, such as having a fully independent board and comprehensive financial oversight. The 98% overall score emphasizes its solid financial management and transparency.
Strengths of the foundation include its strong program expense ratio of 79.75%, indicating that a substantial portion of its resources is directed towards fulfilling its mission. Furthermore, the organization maintains a low liabilities to assets ratio, ensuring financial stability and resilience. The lack of any material diversions of assets and the presence of a robust set of internal policies further enhance its credibility.
Despite its strengths, the foundation's relatively low fundraising efficiency ratio suggests that it may face challenges in maximizing the effectiveness of its fundraising efforts. Additionally, while the organization could not be evaluated under some methodologies like Impact & Measurement, the existing data portrays a nonprofit that is focused on maintaining strong governance and financial integrity.
User reviews from GreatNonprofits were not available.
This AI summary has been generated from information found on Charity Navigator.
Is Auburn University Real Estate Foundation Inc legitimate?
Auburn University Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Auburn 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: $33,358
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.auburnuniversityrealestatefoundation.org
What is the mission statement of Auburn University Real Estate Foundation Inc?
Auburn University Real Estate Foundation Inc operates primarily for the benefit of Auburn University Foundation, a nonprofit organization established to support Auburn University, an educational and land-grant institution. The Foundation's purpose is to oversee the administration and subsequent transfer of real property to Auburn University, which is then utilized for academic and administrative purposes. In essence, the mission of Auburn University Real Estate Foundation Inc is to contribute to the growth and development of Auburn University by managing real estate assets.
Official website here: www.auburnuniversityrealestatefoundation.org
Who is the CEO of Auburn University Real Estate Foundation Inc?
John Morris is the Chair of Auburn University Real Estate Foundation Inc.
Official website here: www.auburnuniversityrealestatefoundation.org
What is the revenue of Auburn University Real Estate Foundation Inc?
Auburn University Real Estate Foundation Inc's revenue in 2022 was $10,156,040.
Official website here: www.auburnuniversityrealestatefoundation.org
Who are the executives of Auburn University Real Estate Foundation Inc and what are their salaries?
The average compensation at Auburn University Real Estate Foundation Inc during 2022 was $2,224. There are 15 employees and 2368 volunteers at Auburn University Real Estate Foundation Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $303,222
- Related: $96,017
- Other: $50,280
- Compensation: $174,063
- Related: $52,140
- Other: $40,655
- Compensation: $42,812
- Related: $72,896
- Other: $25,827
- Compensation: $8,526
- Related: $79,830
- Other: $22,056
Official website here: www.auburnuniversityrealestatefoundation.org
Where can I find the form 990 for Auburn University Real Estate Foundation Inc?
Auburn University Real Estate Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.auburnuniversityrealestatefoundation.org
Learn more at the official website: www.auburnuniversityrealestatefoundation.org
Mission Statement of Auburn University Real Estate Foundation Inc
Auburn University Real Estate Foundation Inc operates primarily for the benefit of Auburn University Foundation, a nonprofit organization established to support Auburn University, a renowned educational and land-grant institution. The mission of Auburn University Real Estate Foundation Inc is centered around administering and facilitating the transfer of real property to Auburn University. This real property is intended for utilization in academic and administrative purposes. By carrying out this mission, Auburn University Real Estate Foundation Inc plays a crucial role in contributing to the growth and development of Auburn University, thereby enhancing its capacity to deliver high-quality education and research.
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Impact
July, 2024
Auburn University Real Estate Foundation Inc's impact lies in facilitating the administration and subsequent transfer of real property to Auburn University for academic and administrative purposes. By supporting Auburn University in acquiring resources for its educational mission, the foundation plays a crucial role in enhancing the university's capabilities and advancing its initiatives. Ultimately, this contribution helps strengthen Auburn University's position as an educational and research institution, benefiting the students, faculty, and surrounding community.
This information is meant to be a general summary of Auburn 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.
- Investment Income: -$65,783
- Gross Receipts: $10,245,431
Assets and Liabilities:
- Total Assets: $19,953,551
- Total Liabilities: $1,684,450
- Net Assets: $18,269,101
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Organization Details
Founding Year
2005
Phone
(334) 844-7048Principal Officer
John Morris
Main Address
317 SOUTH COLLEGE STREET, AUBURN, AL, 368495170
NTEE Category
Code: B02 - Education
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