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The Uwm Real Estate Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 947809136 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is The Uwm Real Estate Foundation Inc?

The Uwm Real Estate Foundation Inc, situated in Milwaukee, Wisconsin, is a nonprofit organization with a mission to collaborate with both public and private sectors. Their primary objective is to develop and manage real estate in support of the University of Wisconsin-Milwaukee. This may encompass various properties that align with the university's mission, such as student residences, research and academic spaces, and facilities that foster economic development. Their current holdings include two student residences: Riverview, with 488 beds, and Cambridge, offering 700 beds. In addition, they manage the Accelerator Building at the Innovation Campus, which serves as research and academic space.


Official website here: www.uwmrealestatefoundation.org

Is The Uwm Real Estate Foundation Inc legitimate?

The Uwm Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Uwm 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.uwmrealestatefoundation.org

What is the mission statement of The Uwm Real Estate Foundation Inc?

The UWM Real Estate Foundation Inc's mission is centered around partnering with both public and private sectors. Their primary objective is to develop and manage real estate assets, with the ultimate goal of benefiting the University of Wisconsin-Milwaukee. The foundation's holdings can encompass a variety of properties that align with the university's mission, such as residence halls, research and academic spaces, and facilities that stimulate economic development. In essence, their mission is to contribute to the university's growth and development through real estate ventures.


Official website here: www.uwmrealestatefoundation.org

Who is the CEO of The Uwm Real Estate Foundation Inc?

David Gilbert is the President, Ex-Officio of The Uwm Real Estate Foundation Inc.


Official website here: www.uwmrealestatefoundation.org

What is the revenue of The Uwm Real Estate Foundation Inc?

The Uwm Real Estate Foundation Inc's revenue in 2022 was $656,196.


Official website here: www.uwmrealestatefoundation.org

Who are the executives of The Uwm Real Estate Foundation Inc and what are their salaries?

There 6 volunteers at The Uwm Real Estate Foundation Inc.


Here are 8 key members and their salaries:


David Gilbert (President, Ex-Officio)
  • Compensation: $0
  • Related: $282,496
  • Other: $51,516
Bruce Block (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Smith (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Brickman (Secretary (Thru Feb 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lubar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Orgeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Barry Iii (Director (Beg Dec 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Stang (Chief Operating Officer)
  • Compensation: $0
  • Related: $163,519
  • Other: $34,140


Official website here: www.uwmrealestatefoundation.org

Where can I find the form 990 for The Uwm Real Estate Foundation Inc?

The Uwm Real Estate Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.uwmrealestatefoundation.org

Learn more at the official website: www.uwmrealestatefoundation.org

Mission Statement of The Uwm Real Estate Foundation Inc

The University of Wisconsin-Milwaukee Real Estate Foundation Inc, in its mission, collaborates with both public and private sectors to develop and manage real estate. The primary objective of this foundation is to benefit the University of Wisconsin-Milwaukee. The holdings of The Uwm Real Estate Foundation Inc may encompass various properties that align with the university's mission. These can range from residence halls, research and academic spaces, to facilities that foster economic development. By undertaking such endeavors, the foundation contributes to the University of Wisconsin-Milwaukee's growth and advancement.

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Impact




October, 2024

The UWM Real Estate Foundation Inc significantly enhances the University of Wisconsin-Milwaukee's mission by strategically developing and managing real estate assets that benefit the university community. Its impact is particularly evident in the provision of essential student housing, such as the Riverview residence hall with 488 beds and the Cambridge residence hall accommodating 700 students. These facilities not only provide safe and comfortable living environments but also foster a sense of community among students, contributing to their academic success and overall well-being.

Beyond student housing, the foundation plays a crucial role in advancing research and academic initiatives through properties like the Accelerator Building at Innovation Campus. This space promotes collaboration and innovation, facilitating cutting-edge research and academic programs that drive economic development in the region. By partnering with public and private sectors, the foundation ensures that the university's real estate holdings align with its educational objectives and community goals, ultimately strengthening Milwaukee's economic landscape and supporting the university's growth and sustainability.




This information is meant to be a general summary of The Uwm 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.

Revenue
$656,196 (2022)
Expenses
$6,663,217 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$5,134,655
  • Program Service Revenue: $5,528,620
  • Gross Receipts: $8,722,046

Assets and Liabilities:

  • Total Assets: $64,987,804
  • Total Liabilities: $78,442,097
  • Net Assets: -$13,454,293

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STUDENT HOUSING

Revenue

$4,981,769

ACCELERATOR RENTAL REVENUE

Revenue

$546,851

Organization Details

Founding Year

2005

Principal Officer

David Gilbert

Main Address

1440 EAST NORTH AVENUE, MILWAUKEE, WI, 53202

NTEE Category

Code: L11 - Housing

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