{"success":true,"data":{"_id":541666531,"filings":[{"Organization":{"value":null,"Person":["R BRADFORD PARTREA","H LEON SHADOWEN JR","JEFFREY H GUMENICK","ELIZABETH W BUONO","WILLIAM A ROYALL JR","CECIL SEARS","CHERYLE K TOY","GEORGE P EMERSON JR","DEBORAH K FOURNESS","ROBERT L HANSAN","DR MICHAEL RAO","ALEXANDER B MCMURTRIE JR","PATRICIA WILKERSON","JOHN C JACOBY","F DAVIS DRUMHELLER JR","MITZI M LEE","TIMOTHY A GRAF","PAMELA CURREY"],"Title":["DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","PRESIDENT","DIRECTOR","VICE PRESIDENT","EX-OFFICIO DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","SECRETARY","TREASURER","FORMER TREASURER"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,4.0,1.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,80971,0,0,0,0,20658,6843,26300],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,80971,0,0,0,0,20658,6843,26300]},"Basic":{"value":null,"mission":"The foundation was founded for the purpose of accepting, acquiring, leasing, selling or disposing, operating and/or managing property for the exclusive benefit of virginia commonwealth university.","year":2015,"name":"VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION","phone":8048289292,"website":"WWW.VCUREALESTATE.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TIMOTHY A GRAF","year_formation":1992,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2015-07-01T00:00:00","tax_period_end":"2016-06-30T00:00:00","address":"PO BOX 843075, RICHMOND, VA, 232843075, USA","city":"RICHMOND","state":"VA","country":"USA","zip_code":232843075},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":15,"Number of independent voting members":14,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":8380879,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":8166661,"Total revenue":8166661,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":15146,"Investment income total":15146,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":199072,"Other total":199072,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":6405092,"Grant expense":{"value":83000,"Grants to domestic orgs":83000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":6322092,"Management services":324600,"Legal":10756,"Accounting":21350,"Lobbying services":0,"Investment management fees":0,"Other services":9250,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":1374497,"Travel":0,"Conferences and meetings":0,"Interest":1647675,"Payments to affiliates":0,"Depreciation and depletion":2772302,"Insurance":69173,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":92489,"BAD DEBTS":48639,"MISCELLANEOUS":31733,"PLANNING AND DEVELOPMEN":12117},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":6405092,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":93786369,"Non-interest bearing cash":0,"Savings and temp cash investments":8576780,"Pledges and grants receivable":0,"Accounts receivable":193877,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":74135885,"Investments publicly traded":0,"Investments other":7084639,"Investments program related":0,"Intangible assets":0,"Other assets":3795188},"Liabilities":{"value":63771596,"Sum of Total Liabilities":0,"Accounts payable, accrued":550028,"Grants payable":0,"Deferred, revenue":5253386,"Tax exempt bond liabilities":46386273,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":9770222,"Unsecured notes loans payable":0,"Other liabilities":1811687},"Fund balance":{"value":30014773,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":30014773,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.23574937664653076,"percentile":0.789257051459857},"Liabilities to Assets Ratio":{"score":0.6799665738205517,"percentile":0.09706866065912528},"Operating Reserve Ratio":{"score":14.642470240864611,"percentile":0.9244214985513086},"Officer Compensation Ratio":{"score":0.02104138394889566,"percentile":0.9069081198136111},"Program Expense Growth":{"score":0.16325087649005116,"percentile":0.7704539242040067},"Revenue Growth":{"score":0.12854654482183878,"percentile":0.8182102220949307},"Asset Growth":{"score":0.07962112637069677,"percentile":0.6275891709914723},"Independent Voting Board Pct":{"score":0.9333333333333333,"percentile":0.25846041760016036},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7852303881096389,"percentile":0.949085300066015}},"source_xml":"201741319349302464_public.xml"},{"Organization":{"value":null,"Person":["RICHARD E BYRNE","ROBERT L HANSAN","BURT PINNOCK","DEBORAH K FOURNESS","THOMAS W PAPA","BRIAN K JACKSON","DR MICHAEL RAO","SHANTARAM K TALEGAONKAR","JOHN C JACOBY","MICHAEL FRAZIER"],"Title":["DIRECTOR","SECRETARY","TREASURER","PRESIDENT","DIRECTOR","VICE PRESIDENT","EX-OFFICIO DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[0,0,0,0,0,0,350675,0,0,0],"Direct compensation":[0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,350675,0,0,0]},"Basic":{"value":null,"mission":"The foundation was founded for the purpose of accepting, acquiring, leasing, selling or disposing, operating and/or managing property for the exclusive benefit of virginia commonwealth university.","year":2020,"name":"VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION","phone":8048289292,"website":"WWW.VCUREALESTATE.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"DEBORAH FOURNESS","year_formation":1992,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2020-07-01T00:00:00","tax_period_end":"2021-06-30T00:00:00","address":"PO BOX 843075, RICHMOND, VA, 232843075, USA","city":"RICHMOND","state":"VA","country":"USA","zip_code":232843075},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":10,"Number of independent voting members":9,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":7982693,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":7972396,"Total revenue":7972396,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":10297,"Investment income total":34755,"Net investment gain":-24458,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":5887651,"Grant expense":{"value":144268,"Grants to domestic orgs":144268,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":5743383,"Management services":534575,"Legal":7985,"Accounting":23160,"Lobbying services":0,"Investment management fees":0,"Other services":1750,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":1487629,"Travel":0,"Conferences and meetings":0,"Interest":1141477,"Payments to affiliates":0,"Depreciation and depletion":2461306,"Insurance":39641,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":45860,"BAD DEBTS":25362,"MISCELLANEOUS":20498},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":5708977,"Management And General Expenses":178674,"Fundraising Expenses":0}},"Assets":{"value":95872198,"Non-interest bearing cash":0,"Savings and temp cash investments":5249703,"Pledges and grants receivable":0,"Accounts receivable":76609,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":73013233,"Investments publicly traded":0,"Investments other":11015151,"Investments program related":0,"Intangible assets":0,"Other assets":6517502},"Liabilities":{"value":49796724,"Sum of Total Liabilities":0,"Accounts payable, accrued":3258799,"Grants payable":0,"Deferred, revenue":3310042,"Tax exempt bond liabilities":33767832,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":7979537,"Unsecured notes loans payable":0,"Other liabilities":1480514},"Fund balance":{"value":46075474,"Net assets without donor restriction":45989932,"Net assets with donor restriction":85542,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.969652752855086,"percentile":0.8738905045394859},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.2624480234928238,"percentile":0.8101734391020892},"Liabilities to Assets Ratio":{"score":0.5194073468514824,"percentile":0.13051490168509405},"Operating Reserve Ratio":{"score":16.283607503230066,"percentile":0.9321454273108987},"Officer Compensation Ratio":{"score":0.05956110509947006,"percentile":0.7113604718231132},"Program Expense Growth":{"score":0.024144120855816364,"percentile":0.4231997230507943},"Revenue Growth":{"score":0.02902378678755764,"percentile":0.5099291655782954},"Asset Growth":{"score":0.020459551297754296,"percentile":0.40574493800792694},"Independent Voting Board Pct":{"score":0.9,"percentile":0.23882945974943737},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6653547740837114,"percentile":0.7782581854229966}},"source_xml":"202231319349303893_public.xml"},{"Organization":{"value":null,"Person":["BRIAN K JACKSON","BURT PINNOCK","RICHARD E BYRNE","THOMAS W PAPA","DR CLIFTON PEAY","GEORGE EMERSON","JOHN BARKSDALE","TIM DAVEY","RENE B SHEPPERSON","JEFF TUNSTALL","BRAD WELLES","DR MICHAEL RAO"],"Title":["VICE PRESIDENT & SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR","PRESIDENT","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","EX-OFFICIO DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,0,333280],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,333280]},"Basic":{"value":null,"mission":"The foundation was founded for the purpose of accepting, acquiring, leasing, selling or disposing, operating and/or managing property for the exclusive benefit of virginia commonwealth university.","year":2023,"name":"VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION","phone":8048289292,"website":"WWW.VCUREALESTATE.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"GEORGE EMERSON","year_formation":1992,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2023-07-01T00:00:00","tax_period_end":"2024-06-30T00:00:00","address":"PO BOX 843075, RICHMOND, VA, 232843075, USA","city":"RICHMOND","state":"VA","country":"USA","zip_code":232843075},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":12,"Number of independent voting members":11,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":10829382,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":10682923,"Total revenue":10682923,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":146459,"Investment income total":146459,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":8240645,"Grant expense":{"value":51876,"Grants to domestic orgs":51876,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":8188769,"Management services":627682,"Legal":65875,"Accounting":26700,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":2182038,"Travel":0,"Conferences and meetings":0,"Interest":1562057,"Payments to affiliates":0,"Depreciation and depletion":3362402,"Insurance":27027,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":334988,"REAL ESTATE PLANNING &":177850,"BAD DEBTS":116711,"MISCELLANEOUS":40427},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":8015887,"Management And General Expenses":224758,"Fundraising Expenses":0}},"Assets":{"value":94543444,"Non-interest bearing cash":0,"Savings and temp cash investments":3500676,"Pledges and grants receivable":0,"Accounts receivable":440488,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":78368538,"Investments publicly traded":0,"Investments other":11994563,"Investments program related":0,"Intangible assets":0,"Other assets":239179},"Liabilities":{"value":38052506,"Sum of Total Liabilities":0,"Accounts payable, accrued":304112,"Grants payable":0,"Deferred, revenue":2490776,"Tax exempt bond liabilities":25566300,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":8595643,"Unsecured notes loans payable":0,"Other liabilities":1095675},"Fund balance":{"value":56490938,"Net assets without donor restriction":56490938,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9727256786331653,"percentile":0.8785250497450315},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.23904752828924125,"percentile":0.7920181858238535},"Liabilities to Assets Ratio":{"score":0.40248698788675397,"percentile":0.16392713930580613},"Operating Reserve Ratio":{"score":11.472820877491992,"percentile":0.9046674800167089},"Officer Compensation Ratio":{"score":0.04044343616306733,"percentile":0.8050940955201517},"Program Expense Growth":{"score":0.030283816426412202,"percentile":0.4501092972499595},"Revenue Growth":{"score":0.03545008290561057,"percentile":0.5409965309303215},"Asset Growth":{"score":0.015231737530504745,"percentile":0.3837805982740402},"Independent Voting Board Pct":{"score":0.9166666666666666,"percentile":0.24842690827196914},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6744311019379232,"percentile":0.798885405377948}},"source_xml":"202521349349311012_public.xml"},{"Organization":{"value":null,"Person":["RICHARD E BYRNE","H LEON SHADOWEN JR","JEFFREY H GUMENICK","ELIZABETH W BUONO","WILLIAM A ROYALL JR","BRIAN K JACKSON","THOMAS W PAPA","GEORGE P EMERSON JR","DEBORAH K FOURNESS","ROBERT L HANSAN","DR MICHAEL RAO","ALEXANDER B MCMURTRIE JR","PATRICIA WILKERSON","JOHN C JACOBY","F DAVIS DRUMHELLER JR","MITZI M LEE","TIMOTHY A GRAF"],"Title":["DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","PRESIDENT","DIRECTOR","VICE PRESIDENT","EX-OFFICIO DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","SECRETARY","TREASURER"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,20.0,4.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,85007,0,0,0,0,28885,26423],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,85007,0,0,0,0,28885,26423]},"Basic":{"value":null,"mission":"The foundation was founded for the purpose of accepting, acquiring, leasing, selling or disposing, operating and/or managing property for the exclusive benefit of virginia commonwealth university.","year":2016,"name":"VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION","phone":8048289292,"website":"WWW.VCUREALESTATE.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TIMOTHY A GRAF","year_formation":1992,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2016-07-01T00:00:00","tax_period_end":"2017-06-30T00:00:00","address":"PO BOX 843075, RICHMOND, VA, 232843075, USA","city":"RICHMOND","state":"VA","country":"USA","zip_code":232843075},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":15,"Number of independent voting members":14,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":8726249,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":8661683,"Total revenue":8661683,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":53124,"Investment income total":53124,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":11442,"Other total":11442,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":6629241,"Grant expense":{"value":32000,"Grants to domestic orgs":32000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":6597241,"Management services":366900,"Legal":41091,"Accounting":21700,"Lobbying services":0,"Investment management fees":0,"Other services":8900,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":1491909,"Travel":0,"Conferences and meetings":0,"Interest":1658580,"Payments to affiliates":0,"Depreciation and depletion":2862675,"Insurance":47722,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":97764,"BAD DEBTS":41455,"PLANNING AND DEVELOPMEN":32746,"MISCELLANEOUS":23563},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":6629241,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":95409346,"Non-interest bearing cash":0,"Savings and temp cash investments":11078402,"Pledges and grants receivable":0,"Accounts receivable":183796,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":76160068,"Investments publicly traded":0,"Investments other":7629214,"Investments program related":0,"Intangible assets":0,"Other assets":357866},"Liabilities":{"value":62764432,"Sum of Total Liabilities":0,"Accounts payable, accrued":308737,"Grants payable":0,"Deferred, revenue":4980796,"Tax exempt bond liabilities":41627250,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":12007107,"Unsecured notes loans payable":0,"Other liabilities":3840542},"Fund balance":{"value":32644914,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":32644914,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.24031035557202185,"percentile":0.7930736858881536},"Liabilities to Assets Ratio":{"score":0.6578436456319489,"percentile":0.10094525369817758},"Operating Reserve Ratio":{"score":14.39219753814954,"percentile":0.9231081073161288},"Officer Compensation Ratio":{"score":0.021166073159808188,"percentile":0.9062741905314017},"Program Expense Growth":{"score":0.11907152105214484,"percentile":0.7109955347081964},"Revenue Growth":{"score":0.09782464922994424,"percentile":0.7589367529608598},"Asset Growth":{"score":0.0656613038260982,"percentile":0.583372280180676},"Independent Voting Board Pct":{"score":0.9333333333333333,"percentile":0.25846041760016036},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7716419411868403,"percentile":0.9380779432295486}},"source_xml":"201811349349306016_public.xml"},{"Organization":{"value":null,"Person":["BURT PINNOCK","JEFF GEIGER","JOSH GOLDSCHMIDT","JASON VICKERS-SMITH","GEORGE EMERSON","JOHN BARKSDALE","TIM DAVEY","RENE B SHEPPERSON","JEFF TUNSTALL","BRAD WELLES","DR MICHAEL RAO","DR CLIFTON PEAY"],"Title":["DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","PRESIDENT","TREASURER","SECRETARY","VICE PRESIDENT","DIRECTOR","DIRECTOR","EX-OFFICIO DIRECTOR","DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,384164,0],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,384164,0]},"Basic":{"value":null,"mission":"The foundation was founded for the purpose of accepting, acquiring, leasing, selling or disposing, operating and/or managing property for the exclusive benefit of virginia commonwealth university.","year":2024,"name":"VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION","phone":8048289292,"website":"WWW.VCUREALESTATE.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"RENE B SHEPPERSON","year_formation":1992,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2024-07-01T00:00:00","tax_period_end":"2025-06-30T00:00:00","address":"PO BOX 843075, RICHMOND, VA, 232843075, USA","city":"RICHMOND","state":"VA","country":"USA","zip_code":232843075},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":12,"Number of independent voting members":11,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":12945192,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":11424206,"Total revenue":11424206,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":1520986,"Investment income total":126332,"Net investment gain":1394654,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":7708691,"Grant expense":{"value":55807,"Grants to domestic orgs":55807,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":7652884,"Management services":664040,"Legal":48383,"Accounting":28300,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":2227917,"Travel":0,"Conferences and meetings":0,"Interest":1036194,"Payments to affiliates":0,"Depreciation and depletion":3404826,"Insurance":27199,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":216025,"BAD DEBTS":145770,"MISCELLANEOUS":50030,"REAL ESTATE PLANNING &":20225},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":7464047,"Management And General Expenses":244644,"Fundraising Expenses":0}},"Assets":{"value":95921689,"Non-interest bearing cash":0,"Savings and temp cash investments":3329395,"Pledges and grants receivable":0,"Accounts receivable":530960,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":78030479,"Investments publicly traded":0,"Investments other":13627980,"Investments program related":0,"Intangible assets":0,"Other assets":402875},"Liabilities":{"value":32476137,"Sum of Total Liabilities":0,"Accounts payable, accrued":284251,"Grants payable":0,"Deferred, revenue":2178145,"Tax exempt bond liabilities":22644991,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":6401354,"Unsecured notes loans payable":0,"Other liabilities":967396},"Fund balance":{"value":63445552,"Net assets without donor restriction":63445552,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9682638725563134,"percentile":0.8718110816624105},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.40451319686876797,"percentile":0.8867254205950705},"Liabilities to Assets Ratio":{"score":0.33856927811185644,"percentile":0.1863353833699587},"Operating Reserve Ratio":{"score":12.443317419260936,"percentile":0.911584862473852},"Officer Compensation Ratio":{"score":0.04983517953956126,"percentile":0.7575835866038728},"Program Expense Growth":{"score":0.029438064715002054,"percentile":0.4464503458009033},"Revenue Growth":{"score":0.04366880302928946,"percentile":0.5789186055073406},"Asset Growth":{"score":0.01308003554400466,"percentile":0.37468371748896145},"Independent Voting Board Pct":{"score":0.9166666666666666,"percentile":0.24842690827196914},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6897992973349011,"percentile":0.8310865387711301}},"source_xml":"202523219349307362_public.xml"},{"Organization":{"value":null,"Person":["RICHARD E BYRNE","H LEON SHADOWEN JR","JEFFREY H GUMENICK","ELIZABETH W BUONO","WILLIAM A ROYALL JR","BRIAN K JACKSON","THOMAS W PAPA","GEORGE P EMERSON JR","DEBORAH K FOURNESS","ROBERT L HANSAN","DR MICHAEL RAO","ALEXANDER B MCMURTRIE JR","PATRICIA WILKERSON","JOHN C JACOBY","MICHAEL FRAZIER","MITZI M LEE","TIMOTHY A GRAF"],"Title":["DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","PRESIDENT","DIRECTOR","DIRECTOR","VICE PRESIDENT","DIRECTOR","EX-OFFICIO DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","SECRETARY","TREASURER"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,20.0,4.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,94682,0,0,0,0,33192,43379],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,94682,0,0,0,0,33192,43379]},"Basic":{"value":null,"mission":"The foundation was founded for the purpose of accepting, acquiring, leasing, selling or disposing, operating and/or managing property for the exclusive benefit of virginia commonwealth university.","year":2018,"name":"VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION","phone":8048289292,"website":"WWW.VCUREALESTATE.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"BRIAN JACKSON","year_formation":1992,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2018-07-01T00:00:00","tax_period_end":"2019-06-30T00:00:00","address":"PO BOX 843075, RICHMOND, VA, 232843075, USA","city":"RICHMOND","state":"VA","country":"USA","zip_code":232843075},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":15,"Number of independent voting members":14,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":9162429,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":9034486,"Total revenue":9034486,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":114198,"Investment income total":114198,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":13745,"Other total":13745,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":6732860,"Grant expense":{"value":50382,"Grants to domestic orgs":50382,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":6682478,"Management services":534575,"Legal":8261,"Accounting":21650,"Lobbying services":0,"Investment management fees":0,"Other services":10141,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":1511651,"Travel":0,"Conferences and meetings":0,"Interest":1646160,"Payments to affiliates":0,"Depreciation and depletion":2833277,"Insurance":45748,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":71015,"MISCELLANEOUS":36185,"BAD DEBTS":34830},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":6732860,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":93115473,"Non-interest bearing cash":0,"Savings and temp cash investments":6623803,"Pledges and grants receivable":0,"Accounts receivable":97243,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":77764065,"Investments publicly traded":0,"Investments other":8025881,"Investments program related":0,"Intangible assets":0,"Other assets":604481},"Liabilities":{"value":55210765,"Sum of Total Liabilities":0,"Accounts payable, accrued":428357,"Grants payable":0,"Deferred, revenue":4239771,"Tax exempt bond liabilities":37157227,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":9977127,"Unsecured notes loans payable":0,"Other liabilities":3408283},"Fund balance":{"value":37904708,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":37904708,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.2651664749598605,"percentile":0.8121586922641567},"Liabilities to Assets Ratio":{"score":0.5929279336850922,"percentile":0.11366355146312966},"Operating Reserve Ratio":{"score":13.830002851685613,"percentile":0.9200658251720454},"Officer Compensation Ratio":{"score":0.02543540189458863,"percentile":0.8839909413556807},"Program Expense Growth":{"score":0.06591297727003984,"percentile":0.5866528820455167},"Revenue Growth":{"score":0.06340945488055347,"percentile":0.6585851425493393},"Asset Growth":{"score":0.0323599570903307,"percentile":0.45584352703397163},"Independent Voting Board Pct":{"score":0.9333333333333333,"percentile":0.25846041760016036},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7443014495447656,"percentile":0.9107646354289262}},"source_xml":"202041369349300424_public.xml"},{"Organization":{"value":null,"Person":["DEBORAH K FOURNESS","BRIAN K JACKSON","BURT PINNOCK","RICHARD E BYRNE","ROBERT L HANSAN","JOHN C JACOBY","THOMAS W PAPA","SHANTARAM K TALEGAONKAR","DR MICHAEL RAO","GEORGE EMERSON"],"Title":["PRESIDENT","VICE PRESIDENT","TREASURER","DIRECTOR","SECRETARY","DIRECTOR","DIRECTOR","DIRECTOR","EX-OFFICIO DIRECTOR","DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[0,0,0,0,0,0,0,0,372660,0],"Direct compensation":[0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,372660,0]},"Basic":{"value":null,"mission":"The foundation was founded for the purpose of accepting, acquiring, leasing, selling or disposing, operating and/or managing property for the exclusive benefit of virginia commonwealth university.","year":2022,"name":"VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION","phone":8048289292,"website":"WWW.VCUREALESTATE.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"GEORGE EMERSON","year_formation":1992,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2022-07-01T00:00:00","tax_period_end":"2023-06-30T00:00:00","address":"PO BOX 843075, RICHMOND, VA, 232843075, USA","city":"RICHMOND","state":"VA","country":"USA","zip_code":232843075},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":10,"Number of independent voting members":9,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":10248910,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":10108901,"Total revenue":10108901,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":106682,"Investment income total":106682,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":33327,"Other total":33327,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":7516351,"Grant expense":{"value":51876,"Grants to domestic orgs":51876,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":7464475,"Management services":587149,"Legal":34486,"Accounting":24800,"Lobbying services":0,"Investment management fees":0,"Other services":1792,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":2052021,"Travel":0,"Conferences and meetings":0,"Interest":1520633,"Payments to affiliates":0,"Depreciation and depletion":3118473,"Insurance":25715,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":99406,"BAD DEBTS":48904,"MISCELLANEOUS":36652,"REAL ESTATE PLANNING &":13850},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":7307344,"Management And General Expenses":209007,"Fundraising Expenses":0}},"Assets":{"value":98443315,"Non-interest bearing cash":0,"Savings and temp cash investments":2622950,"Pledges and grants receivable":0,"Accounts receivable":136302,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":84771146,"Investments publicly traded":0,"Investments other":10585018,"Investments program related":0,"Intangible assets":0,"Other assets":327899},"Liabilities":{"value":46952535,"Sum of Total Liabilities":0,"Accounts payable, accrued":4604936,"Grants payable":0,"Deferred, revenue":3045698,"Tax exempt bond liabilities":28405080,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":9672866,"Unsecured notes loans payable":0,"Other liabilities":1223955},"Fund balance":{"value":51490780,"Net assets without donor restriction":51490780,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9721930229176365,"percentile":0.8777396018786302},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.2666194746563293,"percentile":0.813200129863804},"Liabilities to Assets Ratio":{"score":0.4769499584608665,"percentile":0.14170427525223972},"Operating Reserve Ratio":{"score":13.097221643853514,"percentile":0.9157715875422042},"Officer Compensation Ratio":{"score":0.04957990918731709,"percentile":0.7588568174503443},"Program Expense Growth":{"score":0.02384901377910248,"percentile":0.4219520805894768},"Revenue Growth":{"score":0.03265085719438038,"percentile":0.5275886368160374},"Asset Growth":{"score":0.018910645277861838,"percentile":0.39926831326554385},"Independent Voting Board Pct":{"score":0.9,"percentile":0.23882945974943737},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6703503675682622,"percentile":0.7898458978042282}},"source_xml":"202421349349301992_public.xml"},{"Organization":{"value":null,"Person":["DEBORAH K FOURNESS","BRIAN K JACKSON","BURT PINNOCK","RICHARD E BYRNE","ROBERT L HANSAN","JOHN C JACOBY","THOMAS W PAPA","SHANTARAM K TALEGAONKAR","DR MICHAEL RAO"],"Title":["PRESIDENT","VICE PRESIDENT","TREASURER","DIRECTOR","SECRETARY","DIRECTOR","DIRECTOR","DIRECTOR","EX-OFFICIO DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[0,0,0,0,0,0,0,0,360981],"Direct compensation":[0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,360981]},"Basic":{"value":null,"mission":"The foundation was founded for the purpose of accepting, acquiring, leasing, selling or disposing, operating and/or managing property for the exclusive benefit of virginia commonwealth university.","year":2021,"name":"VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION","phone":8048289292,"website":"WWW.VCUREALESTATE.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"DEBORAH FOURNESS","year_formation":1992,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2021-07-01T00:00:00","tax_period_end":"2022-06-30T00:00:00","address":"PO BOX 843075, RICHMOND, VA, 232843075, USA","city":"RICHMOND","state":"VA","country":"USA","zip_code":232843075},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":9483023,"Contributions":{"value":289664,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":289664},"Program revenue":{"value":9189761,"Total revenue":9189761,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":3598,"Investment income total":3598,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":6417427,"Grant expense":{"value":132090,"Grants to domestic orgs":132090,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":6285337,"Management services":561304,"Legal":12093,"Accounting":22500,"Lobbying services":0,"Investment management fees":0,"Other services":1666,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":1567585,"Travel":0,"Conferences and meetings":0,"Interest":1046522,"Payments to affiliates":0,"Depreciation and depletion":2970511,"Insurance":48035,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":55121,"MISCELLANEOUS":31647,"BAD DEBTS":20274,"REAL ESTATE PLANNING &":3200},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":6221387,"Management And General Expenses":196040,"Fundraising Expenses":0}},"Assets":{"value":99593802,"Non-interest bearing cash":0,"Savings and temp cash investments":5698951,"Pledges and grants receivable":0,"Accounts receivable":404782,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":82207165,"Investments publicly traded":0,"Investments other":9886133,"Investments program related":0,"Intangible assets":0,"Other assets":1396771},"Liabilities":{"value":51623892,"Sum of Total Liabilities":0,"Accounts payable, accrued":4812263,"Grants payable":0,"Deferred, revenue":3184857,"Tax exempt bond liabilities":31134146,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":11140391,"Unsecured notes loans payable":0,"Other liabilities":1352235},"Fund balance":{"value":47969910,"Net assets without donor restriction":47969910,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9694519314360724,"percentile":0.8735841798715893},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.3232720199033578,"percentile":0.8488380837629688},"Liabilities to Assets Ratio":{"score":0.5183444246861868,"percentile":0.13079000152400805},"Operating Reserve Ratio":{"score":15.519273066916071,"percentile":0.9286635966306533},"Officer Compensation Ratio":{"score":0.056250113947536914,"percentile":0.7267295939971097},"Program Expense Growth":{"score":0.01846529907429853,"percentile":0.3983252799269238},"Revenue Growth":{"score":0.02952060094297257,"percentile":0.5123231624163493},"Asset Growth":{"score":0.020651255310611943,"percentile":0.40657424652218904},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.669433068175465,"percentile":0.7877812559557937}},"source_xml":"202321299349302852_public.xml"},{"Organization":{"value":null,"Person":["R BRADFORD PARTREA","H LEON SHADOWEN JR","JEFFREY H GUMENICK","CAROL A MCCOY","WILLIAM A ROYALL JR","CECIL SEARS","CHERYLE K TOY","GEORGE P EMERSON JR","ALAN T LINGERFELT","ROBERT L HANSAN","DR MICHAEL RAO","JB CAMPBELL","KAMLESH N DAVE","JOHN C JACOBY","F DAVIS DRUMHELLER JR","HARRY E WYATT JR","PAMELA CURREY","KEVIN W DAVENPORT"],"Title":["DIRECTOR","PRESIDENT","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","VICE PRESIDENT","DIRECTOR","DIRECTOR","EX-OFFICIO DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","SECRETARY","TREASURER","FORMER TREASURER"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,4.0,1.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,79399,0,0,0,0,20255,0,33089],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,79399,0,0,0,0,20255,0,33089]},"Basic":{"value":null,"mission":"The foundation was founded for the purpose of accepting, acquiring, leasing, selling or disposing, operating and/or managing property for the exclusive benefit of virginia commonwealth university.","year":2014,"name":"VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION","phone":8048289292,"website":"WWW.VCUREALESTATE.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TIMOTHY A GRAF","year_formation":1992,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2014-07-01T00:00:00","tax_period_end":"2015-06-30T00:00:00","address":"PO BOX 843075, RICHMOND, VA, 232843075, USA","city":"RICHMOND","state":"VA","country":"USA","zip_code":232843075},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":15,"Number of independent voting members":14,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":7563655,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":7505790,"Total revenue":7505790,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":7447,"Investment income total":7447,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":50418,"Other total":50418,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":5582246,"Grant expense":{"value":30000,"Grants to domestic orgs":30000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":5552246,"Management services":232100,"Legal":29088,"Accounting":20900,"Lobbying services":0,"Investment management fees":0,"Other services":5600,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":1615793,"Travel":0,"Conferences and meetings":0,"Interest":1386052,"Payments to affiliates":0,"Depreciation and depletion":2091943,"Insurance":71240,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":99530,"PLANNING AND DEVELOPMEN":50027,"MISCELLANEOUS":29636,"BAD DEBTS":19867},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":5582246,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":81737625,"Non-interest bearing cash":3267677,"Savings and temp cash investments":5114339,"Pledges and grants receivable":81059,"Accounts receivable":119317,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":59782720,"Investments publicly traded":0,"Investments other":7318750,"Investments program related":0,"Intangible assets":0,"Other assets":6053763},"Liabilities":{"value":53465386,"Sum of Total Liabilities":0,"Accounts payable, accrued":465220,"Grants payable":0,"Deferred, revenue":5272000,"Tax exempt bond liabilities":36279153,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":7223334,"Unsecured notes loans payable":0,"Other liabilities":4225679},"Fund balance":{"value":28272239,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":28272239,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.26196448674615647,"percentile":0.8098322714813828},"Liabilities to Assets Ratio":{"score":0.6541098545498477,"percentile":0.10164293802531164},"Operating Reserve Ratio":{"score":14.64242618472923,"percentile":0.9244208922774657},"Officer Compensation Ratio":{"score":0.023779496639882942,"percentile":0.8926989221737035},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":0.9333333333333333,"percentile":0.25846041760016036},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7991495331894879,"percentile":0.9583653892111864}},"source_xml":"201631309349302153_public.xml"},{"Organization":{"value":null,"Person":["RICHARD E BYRNE","H LEON SHADOWEN JR","JEFFREY H GUMENICK","ELIZABETH W BUONO","WILLIAM A ROYALL JR","BRIAN K JACKSON","THOMAS W PAPA","GEORGE P EMERSON JR","DEBORAH K FOURNESS","ROBERT L HANSAN","DR MICHAEL RAO","ALEXANDER B MCMURTRIE JR","PATRICIA WILKERSON","JOHN C JACOBY","PHOEBE P HALL","MITZI M LEE","TIMOTHY A GRAF"],"Title":["DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","PRESIDENT","DIRECTOR","DIRECTOR","VICE PRESIDENT","DIRECTOR","EX-OFFICIO DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","SECRETARY","TREASURER"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,20.0,4.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,86674,0,0,0,0,31308,38983],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,86674,0,0,0,0,31308,38983]},"Basic":{"value":null,"mission":"The foundation was founded for the purpose of accepting, acquiring, leasing, selling or disposing, operating and/or managing property for the exclusive benefit of virginia commonwealth university.","year":2017,"name":"VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION","phone":8048289292,"website":"WWW.VCUREALESTATE.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TIMOTHY A GRAF","year_formation":1992,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2017-07-01T00:00:00","tax_period_end":"2018-06-30T00:00:00","address":"PO BOX 843075, RICHMOND, VA, 232843075, USA","city":"RICHMOND","state":"VA","country":"USA","zip_code":232843075},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":15,"Number of independent voting members":14,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":9026883,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":8959790,"Total revenue":8959790,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":60744,"Investment income total":60744,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":6349,"Other total":6349,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":6642221,"Grant expense":{"value":41460,"Grants to domestic orgs":41460,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":6600761,"Management services":450532,"Legal":18543,"Accounting":21750,"Lobbying services":0,"Investment management fees":0,"Other services":9700,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":1516144,"Travel":0,"Conferences and meetings":0,"Interest":1601030,"Payments to affiliates":0,"Depreciation and depletion":2820587,"Insurance":49817,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":112658,"BAD DEBTS":70281,"MISCELLANEOUS":24324,"PLANNING AND DEVELOPMEN":18053},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":6642221,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":93529271,"Non-interest bearing cash":0,"Savings and temp cash investments":4654165,"Pledges and grants receivable":0,"Accounts receivable":285024,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":80538680,"Investments publicly traded":0,"Investments other":7818718,"Investments program related":0,"Intangible assets":0,"Other assets":232684},"Liabilities":{"value":58261295,"Sum of Total Liabilities":0,"Accounts payable, accrued":331250,"Grants payable":0,"Deferred, revenue":4540490,"Tax exempt bond liabilities":39428918,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":10355341,"Unsecured notes loans payable":0,"Other liabilities":3605296},"Fund balance":{"value":35267976,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":35267976,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.26417335862223984,"percentile":0.8114368190786477},"Liabilities to Assets Ratio":{"score":0.6229204438041648,"percentile":0.10758636455255616},"Operating Reserve Ratio":{"score":14.081023651576784,"percentile":0.9214428751607383},"Officer Compensation Ratio":{"score":0.02363140280939162,"percentile":0.893450553271793},"Program Expense Growth":{"score":0.085934059832054,"percentile":0.6428409230154901},"Revenue Growth":{"score":0.0783741707226821,"percentile":0.707720730791962},"Asset Growth":{"score":0.045321721692524214,"percentile":0.5085385413982793},"Independent Voting Board Pct":{"score":0.9333333333333333,"percentile":0.25846041760016036},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7579837769297743,"percentile":0.9253133209996114}},"source_xml":"201911309349302461_public.xml"},{"Organization":{"value":null,"Person":["R BRADFORD PARTREA","H LEON SHADOWEN JR","JEFFREY H GUMENICK","CAROL A MCCOY","WILLIAM A ROYALL JR","CECIL SEARS","JANE G WATKINS","CHERYLE K TOY","WILLIAM A WALSH JR","CINDY SHEPPARD WEINSTOCK","KAMLESH N DAVE","J B CAMPBELL","F DAVIS DRUMHELLER JR","GEORGE P EMERSON JR","ALAN T LINGERFELT","ROBERT L HANSAN","CLARENCE L TOWNES JR","DR MICHAEL RAO","ROBERT ATACK","BRIAN J OHLINGER","KEVIN W DAVENPORT"],"Title":["DIRECTOR","PRESIDENT","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","VICE PRESIDENT","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","EX-OFFICIO DIRECTOR","DIRECTOR","SECRETARY","TREASURER"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,4.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,77459,0,33059,28876],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,77459,0,33059,28876]},"Basic":{"value":null,"mission":"The foundation was founded for the purpose of accepting, acquiring, leasing, selling or disposing, operating and/or managing property for the exclusive benefit of virginia commonwealth university.","year":2013,"name":"VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION","phone":8048289292,"website":"WWW.VCUREALESTATE.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"KEVIN W DAVENPORT","year_formation":1992,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2013-07-01T00:00:00","tax_period_end":"2014-06-30T00:00:00","address":"PO BOX 843075, RICHMOND, VA, 232843075, USA","city":"RICHMOND","state":"VA","country":"USA","zip_code":232843075},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":19,"Number of independent voting members":18,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":6460794,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":6431957,"Total revenue":6431957,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":28837,"Investment income total":28837,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":4599844,"Grant expense":{"value":137100,"Grants to domestic orgs":137100,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":4462744,"Management services":120000,"Legal":51298,"Accounting":21225,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":1475811,"Travel":0,"Conferences and meetings":0,"Interest":1060585,"Payments to affiliates":0,"Depreciation and depletion":1617362,"Insurance":49168,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":67295,"MISCELLANEOUS":35516,"BAD DEBTS":31779},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":4599844,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":80211725,"Non-interest bearing cash":1893934,"Savings and temp cash investments":5606540,"Pledges and grants receivable":0,"Accounts receivable":146139,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":44044489,"Investments publicly traded":0,"Investments other":7171118,"Investments program related":0,"Intangible assets":0,"Other assets":21349505},"Liabilities":{"value":54035713,"Sum of Total Liabilities":0,"Accounts payable, accrued":3020537,"Grants payable":0,"Deferred, revenue":5468602,"Tax exempt bond liabilities":3612838,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":39903554,"Unsecured notes loans payable":0,"Other liabilities":2030182},"Fund balance":{"value":26176012,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":26176012,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.28803735268451525,"percentile":0.8278110306380344},"Liabilities to Assets Ratio":{"score":0.6736635198906394,"percentile":0.09816455353938577},"Operating Reserve Ratio":{"score":17.43792289477643,"percentile":0.9369107397167368},"Officer Compensation Ratio":{"score":0.030304071181544417,"percentile":0.8581947081068224},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":0.9473684210526315,"percentile":0.2662019989229709},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.8020810063393651,"percentile":0.9601162550948598}},"source_xml":"201423169349304367_public.xml"},{"Organization":{"value":null,"Person":["RICHARD E BYRNE","H LEON SHADOWEN JR","JEFFREY H GUMENICK","ELIZABETH W BUONO","WILLIAM A ROYALL JR","BRIAN K JACKSON","THOMAS W PAPA","GEORGE P EMERSON JR","DEBORAH K FOURNESS","ROBERT L HANSAN","DR MICHAEL RAO","ALEXANDER B MCMURTRIE JR","PATRICIA WILKERSON","JOHN C JACOBY","MICHAEL FRAZIER","MITZI M LEE","TIMOTHY A GRAF"],"Title":["DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","PRESIDENT","DIRECTOR","DIRECTOR","VICE PRESIDENT","DIRECTOR","EX-OFFICIO DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","SECRETARY","TREASURER"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,20.0,4.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,99531,0,0,0,0,32510,43379],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,99531,0,0,0,0,32510,43379]},"Basic":{"value":null,"mission":"The foundation was founded for the purpose of accepting, acquiring, leasing, selling or disposing, operating and/or managing property for the exclusive benefit of virginia commonwealth university.","year":2019,"name":"VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION","phone":8048289292,"website":"WWW.VCUREALESTATE.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"DEBORAH FOURNESS","year_formation":1992,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2019-07-01T00:00:00","tax_period_end":"2020-06-30T00:00:00","address":"PO BOX 843075, RICHMOND, VA, 232843075, USA","city":"RICHMOND","state":"VA","country":"USA","zip_code":232843075},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":15,"Number of independent voting members":14,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":8941579,"Contributions":{"value":210000,"Other contributions":210000,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":8599285,"Total revenue":8599285,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":125592,"Investment income total":125592,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":6702,"Other total":6702,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":6294076,"Grant expense":{"value":44268,"Grants to domestic orgs":44268,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":6249808,"Management services":534575,"Legal":1559,"Accounting":21600,"Lobbying services":0,"Investment management fees":0,"Other services":9356,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":1508503,"Travel":0,"Conferences and meetings":0,"Interest":1441959,"Payments to affiliates":0,"Depreciation and depletion":2616098,"Insurance":44296,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":71862,"BAD DEBTS":44143,"MISCELLANEOUS":27719},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":6294076,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":91759283,"Non-interest bearing cash":0,"Savings and temp cash investments":6493897,"Pledges and grants receivable":0,"Accounts receivable":30405,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":75440841,"Investments publicly traded":0,"Investments other":8174774,"Investments program related":0,"Intangible assets":0,"Other assets":1619366},"Liabilities":{"value":50619228,"Sum of Total Liabilities":0,"Accounts payable, accrued":477543,"Grants payable":0,"Deferred, revenue":3761070,"Tax exempt bond liabilities":36158876,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":8613007,"Unsecured notes loans payable":0,"Other liabilities":1608732},"Fund balance":{"value":41140055,"Net assets without donor restriction":40930055,"Net assets with donor restriction":210000,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":1.0,"percentile":0.9996999186356569},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.29608897936259354,"percentile":0.8329375123173943},"Liabilities to Assets Ratio":{"score":0.5516523924887251,"percentile":0.12272791704152348},"Operating Reserve Ratio":{"score":14.578674137395227,"percentile":0.9240912813981644},"Officer Compensation Ratio":{"score":0.027870651704872962,"percentile":0.8711047902685506},"Program Expense Growth":{"score":0.04442666392759524,"percentile":0.509814901615337},"Revenue Growth":{"score":0.04842700364152098,"percentile":0.5996719907969286},"Asset Growth":{"score":0.02269134874711248,"percentile":0.41524609968467774},"Independent Voting Board Pct":{"score":0.9333333333333333,"percentile":0.25846041760016036},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7317462106482981,"percentile":0.8955404016052371}},"source_xml":"202141279349301019_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["BURT PINNOCK","JEFF GEIGER","JOSH GOLDSCHMIDT","JASON VICKERS-SMITH","GEORGE EMERSON","JOHN BARKSDALE","TIM DAVEY","RENE B SHEPPERSON","JEFF TUNSTALL","BRAD WELLES","DR MICHAEL RAO","DR CLIFTON PEAY"],"Title":["DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","PRESIDENT","TREASURER","SECRETARY","VICE PRESIDENT","DIRECTOR","DIRECTOR","EX-OFFICIO DIRECTOR","DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,384164,0],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,384164,0]},"Basic":{"value":null,"mission":"The foundation was founded for the purpose of accepting, acquiring, leasing, selling or disposing, operating and/or managing property for the exclusive benefit of virginia commonwealth university.","year":2024,"name":"VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION","phone":8048289292,"website":"WWW.VCUREALESTATE.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"RENE B SHEPPERSON","year_formation":1992,"state_legal_domicile":"VA","total_volunteers":0,"tax_period_begin":"2024-07-01T00:00:00","tax_period_end":"2025-06-30T00:00:00","address":"PO BOX 843075, RICHMOND, VA, 232843075, USA","city":"RICHMOND","state":"VA","country":"USA","zip_code":232843075},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":12,"Number of independent voting members":11,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":12945192,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":11424206,"Total revenue":11424206,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":1520986,"Investment income total":126332,"Net investment gain":1394654,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":7708691,"Grant expense":{"value":55807,"Grants to domestic orgs":55807,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":7652884,"Management services":664040,"Legal":48383,"Accounting":28300,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":2227917,"Travel":0,"Conferences and meetings":0,"Interest":1036194,"Payments to affiliates":0,"Depreciation and depletion":3404826,"Insurance":27199,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":216025,"BAD DEBTS":145770,"MISCELLANEOUS":50030,"REAL ESTATE PLANNING &":20225},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":7464047,"Management And General Expenses":244644,"Fundraising Expenses":0}},"Assets":{"value":95921689,"Non-interest bearing cash":0,"Savings and temp cash investments":3329395,"Pledges and grants receivable":0,"Accounts receivable":530960,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":78030479,"Investments publicly traded":0,"Investments other":13627980,"Investments program related":0,"Intangible assets":0,"Other assets":402875},"Liabilities":{"value":32476137,"Sum of Total Liabilities":0,"Accounts payable, accrued":284251,"Grants payable":0,"Deferred, revenue":2178145,"Tax exempt bond liabilities":22644991,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":6401354,"Unsecured notes loans payable":0,"Other liabilities":967396},"Fund balance":{"value":63445552,"Net assets without donor restriction":63445552,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9682638725563134,"percentile":0.8718110816624105},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.40451319686876797,"percentile":0.8867254205950705},"Liabilities to Assets Ratio":{"score":0.33856927811185644,"percentile":0.1863353833699587},"Operating Reserve Ratio":{"score":12.443317419260936,"percentile":0.911584862473852},"Officer Compensation Ratio":{"score":0.04983517953956126,"percentile":0.7575835866038728},"Program Expense Growth":{"score":0.029438064715002054,"percentile":0.4464503458009033},"Revenue Growth":{"score":0.04366880302928946,"percentile":0.5789186055073406},"Asset Growth":{"score":0.01308003554400466,"percentile":0.37468371748896145},"Independent Voting Board Pct":{"score":0.9166666666666666,"percentile":0.24842690827196914},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6897992973349011,"percentile":0.8310865387711301}},"source_xml":"202523219349307362_public.xml"},"sector":"Education","donation_categories":[],"zakat_policy":null},"error":null}