University Of North Georgia Real Estate Foundation Inc

Organization Overview

University Of North Georgia Real Estate Foundation Inc is located in Dahlonega, GA. The organization was established in 2009. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, University Of North Georgia Real Estate Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of North Georgia Real Estate Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, University Of North Georgia Real Estate Foundation Inc generated $6.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $5.0m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ACQUIRE, LEASE, RECEIVE, ACCEPT, DEVELOP, MANAGE, ENCUMBER, ASSIGN, SELL, TRANSFER AND CONVEY REAL PROPERTY TO BE ADMINISTERED FOR CHARITABLE PURPOSES BY THE UNIVERSITY OF NORTH GEORGIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONSTRUCTION OF PARKING DECK, CADET HOUSING, CIVILIAN HOUSING AND DINING HALL, BOOKSTORE, INFIRMARY, ADMINISTRATIVE OFFICES, ACADEMIC CLASSROOMS, AND RENOVATION OF CADET HOUSING.


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Board, Officers & Key Employees

Name (title)Compensation
Bob Mathews
Chairman
$0
Gary Osley
Vice Chairman
$0
James Faulkner
Secretary/treasurer
$0
Gerald Sullivan
Administrative Officer
$0
Bonita Jacobs
Trustee
$0
Frank Mcconnell
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Winter Construction
Cumming City Hall 4th Floor Build Out
$292,351
Carroll Daniel Construction
Oakwood Testing Center Build Out And Blu
$636,959
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$6,106,698
Investment income $573
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $213,239
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,320,510

Grants Recieved

Over the last fiscal year, we have identified 1 grants that University Of North Georgia Real Estate Foundation Inc has recieved totaling $26,000.

Awarding OrganizationAmount
The George And Carol Olmsted Foundation

Falls Church, VA

PURPOSE: UNDERGRADUATE IMMERSION TRAVEL

$26,000
View Grant Recipient Profile

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