Overview
What is Uga Real Estate Foundation Inc?
The Uga Real Estate Foundation Inc, based in Athens, Georgia, focuses on managing and enhancing real estate assets for the advantage of the University of Georgia and the University System of Georgia. Governed by the Board of Regents, this nonprofit organization is dedicated to the development, improvement, administration, and maintenance of properties it acquires and holds. Additionally, it may offer support to the Board of Regents and various colleges and universities under the University System of Georgia.
Official website here: www.ugaref.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Uga Real Estate Foundation Inc has received a Two-Star rating from Charity Navigator, with an overall score of 73%. This rating reflects its performance in the Accountability & Finance category, which is crucial for potential donors assessing the organization's financial health and governance practices. The foundation excels in several areas, including its financial statements oversight and policies related to conflict of interest and whistleblower protections.
However, the organization has limitations that are reflected in its rating. Notably, the foundation lacks independent board members, scoring zero in that category. Additionally, its tax form is not posted on the nonprofit's website, which could impact transparency for donors. The liabilities to assets ratio also raised concerns, as it scored zero in that area, suggesting potential financial risks that may need addressing.
Despite these challenges, the foundation has demonstrated compliance in various governance practices, indicating a commitment to maintaining certain standards of accountability. Donors and stakeholders may want to consider these factors when evaluating the organization's overall effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Uga Real Estate Foundation Inc legitimate?
Uga Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Uga 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.ugaref.com
What is the mission statement of Uga Real Estate Foundation Inc?
The UGA Real Estate Foundation manages and enhances real estate assets on behalf of the University of Georgia, under the supervision of the Board of Regents of the University System of Georgia. The Foundation's primary objective is to benefit the University of Georgia and other colleges and universities within the University System of Georgia. Through effective development, improvement, administration, and maintenance of the property, the UGA Real Estate Foundation supports the academic institutions it serves. The Foundation also extends its assistance to the Board of Regents when needed.
Official website here: www.ugaref.com
Who is the CEO of Uga Real Estate Foundation Inc?
Unavailable
Official website here: www.ugaref.com
What is the revenue of Uga Real Estate Foundation Inc?
Uga Real Estate Foundation Inc's revenue in 2023 was $16,057,330.
Official website here: www.ugaref.com
Who are the executives of Uga Real Estate Foundation Inc and what are their salaries?
There 5 volunteers at Uga Real Estate Foundation Inc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $335,028
- Other: $58,915
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $345,231
- Other: $98,731
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $505,098
- Other: $49,372
- Compensation: $0
- Related: $690,558
- Other: $266,613
- Compensation: $0
- Related: $367,683
- Other: $38,892
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $220,258
- Other: $74,522
Official website here: www.ugaref.com
Where can I find the form 990 for Uga Real Estate Foundation Inc?
Uga Real Estate Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ugaref.com
Learn more at the official website: www.ugaref.com
Mission Statement of Uga Real Estate Foundation Inc
Uga Real Estate Foundation Inc, a key entity under the University of Georgia's wing, plays a pivotal role in managing and enhancing various real estate assets. The organization, overseen by the Board of Regents of the University System of Georgia, is dedicated to advancing the interests of the University of Georgia and the colleges and universities within the University System. The Uga Real Estate Foundation's primary objective revolves around the development, improvement, administration, and maintenance of the property acquired and held for the educational institutions' benefits.
In addition to its core responsibilities, Uga Real Estate Foundation Inc extends its support to the Board of Regents, lending a helping hand in various capacities. This assistance ranges from offering expert advice in real estate matters to providing resources to the Board of Regents and the colleges and universities in the University System of Georgia.
Paraphrasing the original mission statement, Uga Real Estate Foundation Inc functions as a trusted steward of the University of Georgia's and the University System of Georgia's real estate assets. By effectively managing these assets, the organization lays the groundwork for a strong and prosperous academic community. The Board of Regents' oversight ensures a transparent and responsible approach to the foundation's operations, guaranteeing the best possible outcomes for the educational institutions it serves.
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Impact
October, 2024
UGA Real Estate Foundation Inc significantly enhances the University of Georgia and the broader University System of Georgia through the effective management and improvement of real estate assets. By focusing on the development, administration, and maintenance of properties, the foundation ensures that the infrastructure supporting educational institutions not only meets current needs but also anticipates future growth. This strategic oversight assists in optimizing resources, maximizing property value, and creating spaces conducive to learning and community engagement.
The foundation's impact extends beyond mere asset management; it plays a critical role in supporting academic programs, research initiatives, and student life. By improving facilities and creating new opportunities for development, it directly contributes to the educational environment, ultimately benefiting students, faculty, and the surrounding community. Through its governance under the Board of Regents of the University System of Georgia, the foundation aligns its objectives with the broader mission of enhancing education and access to resources across the state.
This information is meant to be a general summary of Uga 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: $873,223
- Program Service Revenue: $15,184,107
- Gross Receipts: $16,057,330
Assets and Liabilities:
- Total Assets: $296,027,247
- Total Liabilities: $243,873,100
- Net Assets: $52,154,147
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FINANCING / LEASE INCOME
Revenue
$9,946,057
REPAIR AND RESTORATION INCOME
Revenue
$1,504,204
LEASE INCOME
Revenue
$3,733,846
Organization Details
Founding Year
1999
Phone
(706) 583-0811Main Address
1180 East Broad Street, Athens, GA, 30602
Website
www.ugaref.comNTEE Category
Code: T20 - Philanthropy
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