James Madison Universityreal Estate Foundation Inc

Organization Overview

James Madison Universityreal Estate Foundation Inc is located in Harrisonburg, VA. The organization was established in 1992. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James Madison Universityreal 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, James Madison Universityreal Estate Foundation Inc generated $34.0k 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 (14.3%) each year. All expenses for the organization totaled $55.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (18.7%) 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

THE PURPOSE OF THE JAMES MADISON UNIVERSITY REAL ESTATE FOUNDATION IS TO RECEIVE, MANAGE AND DISPOSE OF REAL PROPERTY IN SUCH MANNER AS PROMOTES THE WELFARE, EFFICIENCY AND OBJECTIVES OF JAMES MADISON UNIVERSITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO HOLD, MAINTAIN, MANAGE OR SELL GIFTS OR PURCHASES OF REAL PROPERTY FOR THE BENEFIT OF JAMES MADISON UNIVERSITY AND THE JAMES MADISON UNIVERSITY FOUNDATION, INC.


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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$34,046
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $34,046

Grants Recieved

Over the last fiscal year, we have identified 1 grants that James Madison Universityreal Estate Foundation Inc has recieved totaling $31,800.

Awarding OrganizationAmount
James Madison University Foundation Inc

Harrisonburg, VA

PURPOSE: Budget Support - $31,800.

$31,800
View Grant Recipient Profile

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