Overview
What is Germanna Community College Real Estate Foundation Inc?
Germanna Community College Real Estate Foundation Inc is a nonprofit organization based in Locust Grove, Virginia. Their primary objective is to support and engage in activities that align with the purposes of Germanna Community College Educational Foundation. Specifically, they focus on providing assistance for the real estate needs of the educational foundation. This includes purchasing, owning, developing, operating, leasing, selling, or dealing with various aspects of real estate and its proceeds, all for the benefit of Germanna Community College Educational Foundation.
Is Germanna Community College Real Estate Foundation Inc legitimate?
Germanna Community College Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Germanna Community College 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Germanna Community College Real Estate Foundation Inc?
The Germanna Community College Real Estate Foundation Inc's mission is to support and engage in activities that align with the purposes of the Germanna Community College Educational Foundation. This involves undertaking various real estate-related tasks, such as receiving, purchasing, owning, developing, operating, leasing, selling, or dealing with real estate and its proceeds. The primary objective is to benefit the Germanna Community College Educational Foundation. By doing so, the foundation aims to contribute to the college's educational needs in a significant way.
Who is the CEO of Germanna Community College Real Estate Foundation Inc?
Bruce Davis is the Secretary of Germanna Community College Real Estate Foundation Inc.
What is the revenue of Germanna Community College Real Estate Foundation Inc?
Germanna Community College Real Estate Foundation Inc's revenue in 2022 was $1,812,653.
Who are the executives of Germanna Community College Real Estate Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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- Related: $124,434
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Where can I find the form 990 for Germanna Community College Real Estate Foundation Inc?
Germanna Community College Real Estate Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Germanna Community College Real Estate Foundation Inc
Germanna Community College Real Estate Foundation Inc is dedicated to supporting the educational needs of Germanna Community College. This is achieved through engaging in activities that align with the purposes of the Germanna Community College Educational Foundation. Specifically, the foundation focuses on receiving, purchasing, owning, developing, operating, leasing, selling, or otherwise dealing with various aspects of real estate and its proceeds, all for the benefit of Germanna Community College Educational Foundation. By doing so, the foundation aims to contribute to the overall mission and growth of Germanna Community College.
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Impact
October, 2024
Germanna Community College Real Estate Foundation Inc plays a vital role in enhancing the educational landscape of Germanna Community College. By focusing on real estate needs, the foundation supports various activities that benefit the college's educational mission.
Its efforts encompass receiving, purchasing, owning, and developing real estate assets, which allows for the expansion and improvement of facilities and resources available to students. This strategic engagement with real estate not only facilitates the growth of the college’s infrastructure but also ensures that it can meet the evolving academic and operational needs of the community it serves.
Through its initiatives, the foundation contributes significantly to the advancement of educational opportunities, creating a supportive environment that fosters learning and development for students in Locust Grove, VA, and beyond. Ultimately, its impact extends beyond real estate transactions; it is about enriching the educational experience and promoting a sustainable future for Germanna Community College.
This information is meant to be a general summary of Germanna Community College 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: $1,812,653
Assets and Liabilities:
- Total Assets: $15,342,168
- Total Liabilities: $10,857,920
- Net Assets: $4,484,248
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Organization Details
Founding Year
2019
Phone
(540) 891-3000Principal Officer
Bruce Davis
Main Address
2130 GERMANNA HIGHWAY PO BOX 143, LOCUST GROVE, VA, 22508
NTEE Category
Code: B11 - Education
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