Program areas at Appalachian Real Estate Development Corporation
To exercise any and all rights of ownership with respect to Real property and personal property in connection therewith for the benefit of the university, including to acquire, own, develop, lease, finance, manage, operate, sell, and transfer property. To do any and all other acts and things that are consistent with the purposes above and that may be deemed desirable or expedient for the benefit of the university, its programs, and its faculty, staff and students.
Financials for Appalachian Real Estate Development Corporation
| Revenues | FYE 06/2024 | FYE 06/2023 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $9,306,598 | $8,652,961 | 7.6% |
| Investment income and dividends | $250,673 | $221,491 | 13.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-2,383 | $-40,353 | 94.1% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $9,554,888 | $8,834,099 | 8.2% |
Organizations like Appalachian Real Estate Development Corporation
| Organization | Type | Location | Revenue |
|---|
| William and Mary Real Estate Foundation | 501(c)(3) | Williamsburg, VA | $3,290,864 |
| 230 John Wesley Dobbs Blvd Ventures | 501(c)(3) | Atlanta, GA | $2,809,739 |
| Sandia Foundation | 501(c)(3) | Albuquerque, NM | $6,107,064 |
| Uw-Platteville Real Estate Foundation | 501(c)(3) | Platteville, WI | $6,300,415 |
| Academic Properties | 501(c)(3) | Philadelphia, PA | $8,169,303 |
| Crown Court Properties | 501(c)(3) | Mequon, WI | $6,493,981 |
| Albert Einstein College of Medicine Student Housing | 501(c)(2) | Bronx, NY | $8,357,484 |
| New Village Corporation | 501(c)(3) | Cleveland, OH | $7,203,569 |
| Old Dominion University Real Estate Foundation | 501(c)(3) | Norfolk, VA | $4,700,237 |
| Queens College Special Projects Fund | 501(c)(3) | Flushing, NY | $6,638,360 |
Data update history
February 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 4, 2024
Updated personnel
Identified 1 new personnel
February 3, 2024
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 7, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Business and community development organizationsReal estate organizationsHeadquarter / parent organizationsCharities
Issues
EducationHuman servicesHousingHomelessness
Characteristics
Tax deductible donations
General information
- Address
- 438 Academy St Suite 109
- Boone, NC 28607
- County
- Watauga County, NC
- Phone
- (828) 262-2060
IRS details
- EIN
- 56-2161660
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1999
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S47: Real Estate Organizations
- NAICS code, primary
- 5313: Real Estate Services
- Parent/child status
- Central organization
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