EIN 45-2337977

The Florida State University Real Estate Foundation Incorporated

IRS 501(c) type
501(c)(3)
Num. employees
3
State
Year formed
2011
Most recent tax filings
2023-06-01
Description
The Florida State University Real Estate Foundation Incorporated receives contributions of Real Estate and manages, leases, mortgages, develops, administers or sells them to distribute the net proceeds to The University and Florida. It aids in the advancement of the University by providing oversight and expertise for real estate initiatives. The FSU Real Estate Foundation supports the University and its direct support organizations.
Related structure
The Florida State University Real Estate Foundation Incorporated is a subordinate organization under The Florida State University Foundation.
Total revenues
$1,032,714
2023
Total expenses
$1,095,340
2023
Total assets
$17,285,323
2023
Num. employees
3
2023

Program areas at The Florida State University Real Estate Foundation Incorporated

The fsu Real Estate Foundation receives contributions of Real Estate, to hold, manage, lease, mortgage, develop, administer or sell in order to contribute or distribute all or a portion of The net proceeds from such activity to The University, The Florida State University Foundation (fsu Foundation), or such other entity as The board may determine appropriate. The fsu Real Estate Foundation makes expenditures, grants, contributions or distributions to or for The benefit of The University, directly and/or through The fsu foundations.

Who funds The Florida State University Real Estate Foundation Incorporated

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Florida State University FoundationSupport for the Real Estate Foundation$100,000

Personnel at The Florida State University Real Estate Foundation Incorporated

NameTitleCompensation
John Carrigan CloseAssistant Vice President and Chief Financial Officer
Kevin Graham CloseExecutive Director
Kim Gabbard CloseProgram Director, Advancement Services
Brady AdcoxAccounting Manager$0
John CarriganTreasurer$0
...and 15 more key personnel

Financials for The Florida State University Real Estate Foundation Incorporated

RevenuesFYE 06/2023
Total grants, contributions, etc.$332,718
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$699,996
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,032,714

Form 990s for The Florida State University Real Estate Foundation Incorporated

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-03990View PDF
2021-062022-05-13990View PDF
2020-062021-04-21990View PDF
2019-062021-02-22990View PDF
...and 7 more Form 990s

Organizations like The Florida State University Real Estate Foundation Incorporated

OrganizationLocationRevenue
Auxiliary Services Corporation of Mohawk Valley Community CollegeUtica, NY$1,170,114
Purchase Housing Corporation IiPurchase, NY$3,256,997
Strategic Facility PartnersColumbus, OH$2,452,698
French House Incorporated LarsonMadison, WI$625,333
South Carolina State University Real Estate FoundationOrangeburg, SC$2,778,573
Desarrollos UniversitariosSan Juan, PR$4,106,614
Mohawk Valley Community College Dormitory CorporationUtica, NY$2,593,395
Collegiate Housing Corporation of BluefieldBluefield, WV$1,512,584
Shippensburg University, Student Services (SSI)Shippensburg, PA$3,173,976
MHC Academic FoundationMartinsville, VA$669,738
Data update history
July 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $100,000 from The Florida State University Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 22, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Real estate organizationsSchoolsChapter / child organizationsCharities
Issues
Education
Characteristics
Partially liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
200 W College Ave 310
Tallahassee, FL 32301
Metro area
Tallahassee, FL
County
Leon County, FL
Website URL
realestate.fsu.edu/ 
Phone
(850) 644-0766
IRS details
EIN
45-2337977
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2011
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
Subordinate organization
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