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EIN 58-1940977

Foundation Properties

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Columbus
State
Georgia
Year formed
1988
Most recent tax filings
2023-07-01
NTEE code, primary
B80: Student Services and Organizations of Students
Description
The principle purpose of Foundation Properties, Inc. shall be to promote the cause of higher education at Columbus State University, a unit of the University System of Georgia located in Columbus, GA, specifically through the management of real property affiliated with the University, holding real property for future development by the University and holding investment property for the benefit of the University.
Total revenues
$5,430,634
2023
Total expenses
$4,688,225
2023
Total assets
$66,174,355
2023
Num. employees
0
2023

Program areas at Foundation Properties

Holding, management and contribution of real property in support of Columbus State University.
Miscellaneous income primarily consisting of parking fees and application fees for student housing.

Personnel at Foundation Properties

NameTitleCompensation
Mitch WatkinsExecutive Director
Jim AdkinPast Executive Director
Jay AlexanderChairperson$0
Todd SchusterVice Chair$0
Rick GordyTreasurer$0
...and 4 more key personnel

Financials for Foundation Properties

RevenuesFYE 07/2023
Total grants, contributions, etc.$0
Program services$5,740,532
Investment income and dividends$218,412
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-232,409
Net gain from sale of non-inventory assets$-351,215
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$55,314
Total revenues$5,430,634

Form 990s for Foundation Properties

Fiscal year endingDate received by IRSFormPDF link
2023-072024-05-14990View PDF
2022-072023-06-13990View PDF
2021-072022-06-07990View PDF
2020-072021-06-01990View PDF
2019-072020-09-03990View PDF
...and 9 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 27, 2023
Updated personnel
Identified 4 new personnel
September 21, 2021
Posted financials
Added Form 990 for fiscal year 2020
September 13, 2021
Updated personnel
Identified 2 new personnel
Nonprofit Types
Real estate organizationsSchoolsCharities
Issues
Education
Characteristics
State / local levelManagement and technical assistanceTax deductible donationsNo full-time employees
General information
Address
4225 University Ave
Columbus, GA 31907
Metro area
Columbus, GA-AL
County
Muscogee County, GA
Phone
(706) 565-3640
IRS details
EIN
58-1940977
Fiscal year end
July
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
5313: Real Estate Services
Parent/child status
Independent
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