Overview
What is Richmond Public Schools Real Estate Foundation Inc?
Richmond Public Schools Real Estate Foundation Inc is a nonprofit organization based in Richmond, Virginia, specifically at 301 North Ninth Street, 17th Floor. Its primary mission is to support Richmond Public Schools (RPS) by managing and investing in real estate. The foundation's activities include acquiring, selling, leasing, encumbering, borrowing, developing, constructing, equipping, furnishing, operating, managing, and investing in real estate for the benefit of RPS. Its purpose is to provide classroom, office, and administrative spaces for students, teachers, educators, administrative employees, parents, and third parties offering services to RPS or receiving services from RPS. In essence, the foundation seeks to enhance the learning environment for the Richmond Public Schools community.
Is Richmond Public Schools Real Estate Foundation Inc legitimate?
Richmond Public Schools Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richmond Public Schools 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
What is the mission statement of Richmond Public Schools Real Estate Foundation Inc?
The Richmond Public Schools Real Estate Foundation Inc's mission is to facilitate the acquisition, sale, lease, encumbrance, borrowing, development, construction, equipping, furnishing, operation, management, and investment in real estate for the benefit of Richmond Public Schools (RPS). The primary objective is to provide classroom, office, and administrative spaces for students, teachers, educators, administrative employees, parents, and third parties offering services to RPS or receiving services from it. The foundation mainly holds real estate to support the educational needs of RPS.
What is the revenue of Richmond Public Schools Real Estate Foundation Inc?
Richmond Public Schools Real Estate Foundation Inc's revenue in 2021 was $90,000.
Who are the executives of Richmond Public Schools Real Estate Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $275,737
- Other: $91,880
- Compensation: $0
- Related: $11,000
- Other: $0
- Compensation: $0
- Related: $10,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Richmond Public Schools Real Estate Foundation Inc?
Richmond Public Schools Real Estate Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Richmond Public Schools Real Estate Foundation Inc
Richmond Public Schools Real Estate Foundation Inc's mission is centered around facilitating various real estate-related activities for the betterment of Richmond Public Schools (RPS). The foundation's primary goal is to acquire, sell, lease, encumber, borrow, develop, construct, equip, furnish, operate, manage, and invest in real estate. This is all done with the intent of providing essential classroom, office, and administrative spaces for students, teachers, educators, administrative employees, parents, and third parties offering services to RPS or receiving services from it. In essence, the foundation's mission is to support RPS by managing and improving its physical infrastructure.
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Impact
October, 2024
Richmond Public Schools Real Estate Foundation Inc significantly enhances educational opportunities in the Richmond area by facilitating the acquisition and management of essential real estate. Its efforts ensure that schools have access to well-equipped classrooms, administrative offices, and other vital spaces needed for effective teaching and learning.
By overseeing the development and operation of educational facilities, the foundation plays a crucial role in creating environments where students, teachers, and administrative staff can thrive. This includes the thoughtful planning and investment in properties that support not only educational activities but also community services related to education.
Overall, the foundation's impact is seen in the improved infrastructure that contributes to better educational experiences, fostering a conducive environment for learning and collaboration among educators, students, and the community at large.
This information is meant to be a general summary of Richmond Public Schools 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 2021.
- Gross Receipts: $90,000
Assets and Liabilities:
- Total Assets: $4,090,000
- Total Liabilities: $288,341
- Net Assets: $3,801,659
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Organization Details
Founding Year
2017
Principal Officer
Jason Kamras
NTEE Category
Code: B11 - Education
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