Overview
What is Winthrop University Real Estate Foundation Inc?
Winthrop University Real Estate Foundation Inc, headquartered at 701 Oakland Ave Tillman Hall 120, Rock Hill, SC 29733, is a South Carolina-based nonprofit organization. Its primary mission is to serve as a conduit for donating and liquidating real estate gifts, thereby supporting and furthering the mission of Winthrop University. Additionally, the foundation is involved in developing, managing, leasing, and selling real estate and properties, while ensuring the protection of the university's real estate assets. Furthermore, the foundation's objective is to provide a housing opportunity for the residents of the Courtyard at Winthrop, promoting community, comfort, and convenience that enhances the overall university experience, by maintaining high occupancy rates and exercising fiscal responsibility.
Official website here: www.winthrop.edu
Is Winthrop University Real Estate Foundation Inc legitimate?
Winthrop University Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winthrop 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: $200,842
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Official website here: www.winthrop.edu
What is the mission statement of Winthrop University Real Estate Foundation Inc?
The Winthrop University Real Estate Foundation Inc., serving as a conduit for real estate gifts, primarily aims to advance the mission of Winthrop University. This is accomplished by liquidating these gifts and utilizing the proceeds for their intended purpose. Additionally, the foundation is involved in developing, managing, leasing, and selling real estate properties, with a focus on protecting the university's real estate assets through the Winthrop Foundation. The foundation's activities also extend to the operation of specific properties, such as The Courtyard at Winthrop, with the goal of ensuring maximum occupancy and fiscal responsibility to maintain the property's viability.
Official website here: www.winthrop.edu
What is the revenue of Winthrop University Real Estate Foundation Inc?
Winthrop University Real Estate Foundation Inc's revenue in 2023 was $4,867,904.
Official website here: www.winthrop.edu
Who are the executives of Winthrop University Real Estate Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.winthrop.edu
Where can I find the form 990 for Winthrop University Real Estate Foundation Inc?
Winthrop University Real Estate Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.winthrop.edu
Learn more at the official website: www.winthrop.edu
Mission Statement of Winthrop University Real Estate Foundation Inc
Winthrop University Real Estate Foundation Inc, in essence, acts as a mediator for donated real estate and properties. Its primary objective is to utilize these gifts to further the mission of Winthrop University. The foundation is responsible for developing, managing, leasing, selling, and safeguarding real estate assets on behalf of the Winthrop Foundation. Its role is instrumental in ensuring the preservation and continued growth of the university's real estate resources. The mission of Winthrop University Real Estate Foundation Inc is a testament to its commitment to supporting the advancement of Winthrop University, leveraging real estate as a valuable resource.
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Impact
October, 2024
Winthrop University Real Estate Foundation Inc has a significant impact on the community and the university by facilitating the development and management of real estate assets that directly support the mission of Winthrop University. Through its operations, the foundation enhances the overall university experience by providing quality housing options, such as The Courtyard at Winthrop, which promotes a sense of community, comfort, and convenience for residents.
By effectively managing and leasing properties, the foundation ensures maximum occupancy rates and fiscal responsibility, which contributes to the sustainability and growth of the university's real estate initiatives. Additionally, by receiving and liquidating gifts of real estate, the foundation supports Winthrop University’s broader goals and resources, allowing for continued advancement in educational programs and facilities. Overall, the foundation plays a pivotal role in protecting and expanding the real estate assets that benefit both current and future generations of students.
This information is meant to be a general summary of Winthrop 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 2023.
- Investment Income: $231,582
- Program Service Revenue: $4,636,322
- Gross Receipts: $4,867,904
Assets and Liabilities:
- Total Assets: $16,658,440
- Total Liabilities: $12,489,733
- Net Assets: $4,168,707
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Room Charge Income
Revenue
$3,093,811
Meal Plan Income
Revenue
$1,493,540
Parking Decal Income
Revenue
$33,800
Application Fee Income
Revenue
$11,051
Miscellaneous Charges
Revenue
$4,120
Organization Details
Founding Year
1999
Principal Officer
Greg Fitzgerald
Website
www.winthrop.eduNTEE Category
Code: L20 - Housing
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