Skip to main content

Nonprofit · EIN 82-5038157

GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION

Tax-exempt · LOCUST GROVE, VA 22508

Financials

$498K$836K2023$4.6M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,553,492$1,055,111$3,498,381$23,232,311$11,857,354$11,374,957
December 31, 2023990$498,433$836,059-$337,626$14,943,492$10,796,870$4,146,622
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$44,139
Net rental income
$819,528
Other revenue
$4,509,353

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$15,920
Occupancy
$232,342
Depreciation
$249,582
Management and general (functional)
$1,055,111

Balance sheet and other

Total assets, start of year
$14,943,492
Total assets, end of year
$23,232,311
Total liabilities, end of year
$11,857,354
Net assets, end of year
$11,374,957
Land, buildings and equipment
$20,188,777
Net assets without donor restrictions
$7,408,728
Net assets with donor restrictions
$3,966,229
Gross receipts
$4,553,492
Employees
0
Volunteers
0
Year formed
2019
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JANET GULLICKSONSECRETARY
Trustee or director, Officer
1$0$263,850$126,464
JESSICA THOMPSONEXECUTIVE DIRECTOR OF EDUCATIONAL FOUNDATION
Officer
36$0$100,080$40,382
PAUL GRIGGSFINANCIAL ANALYST
Officer
36$0$75,280$30,375
RICHARD COLLAWNDIRECTOR
Trustee or director
1$0$0$0
ED DALRYMPLEDIRECTOR
Trustee or director
1$0$0$0
PAUL JANNEYTREASURER
Trustee or director, Officer
1$0$0$0
BENJAMIN KEDDIEDIRECTOR
Trustee or director
1$0$0$0
ANGEL PIONTEKDIRECTOR
Trustee or director
1$0$0$0
CHARLES PAYNEVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
JACK ROWLEYPRESIDENT
Trustee or director, Officer
1$0$0$0
WILLIAM THOMASDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgs
JANET GULLICKSONSECRETARY
Trustee or director, Officer
1$0$250,148
BRUCE DAVISSPECIAL ASSISTANT TO THE P
Officer
6$0$130,516
RICHARD COLLAWNDIRECTOR
Trustee or director
1$0$0
ED DALRYMPLEDIRECTOR
Trustee or director
1$0$0
PAUL JANNEYTREASURER
Trustee or director, Officer
1$0$0
BENJAMIN KEDDIEDIRECTOR
Trustee or director
1$0$0
ANGEL PIONTEKDIRECTOR
Trustee or director
1$0$0
CHARLES PAYNEVICE PRESIDENT
Trustee or director, Officer
1$0$0
JACK ROWLEYPRESIDENT
Trustee or director, Officer
1$0$0
WILLIAM THOMASDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 143, LOCUST GROVE, VA 22508-0143
In care of
% JESSICA THOMPSON
Principal officer (990 for 2024)
JESSICA THOMPSON, 2130 GERMANNA HIGHWAY PO BOX 1430, LOCUST GROVE, VA 22508
Signed the 990
JESSICA THOMPSON, EXECUTIVE DIRECTOR
Phone
(540) 891-3000
Return prepared by
YOUNT HYDE & BARBOUR PC

Mission

TO SUPPORT AND ENGAGE IN ACTIVITIES THAT SUPPORT THE PURPOSES OF GERMANNA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION, INCLUDING RECEIVING, PURCHASING, OWNING, DEVELOPING, OPERATING, LEASING, SELLING OR OTHERWISE DEALING WITH ASPECTS OF REAL ESTATE AND ITS PROCEEDS THEREOF FOR THE BENEFIT OF GERMANNA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION.

990 for the year ended December 31, 2024

Program accomplishments

  • SUPPORTING AND ENGAGING IN ACTIVITIES THAT SUPPORT THE PURPOSES OF GERMANNA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-5038157
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type III functionally integrated
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$23,232,311
Income (IRS master file)
$4,553,492

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,553,492$1,055,111$23,232,311XML
990December 2023$498,433$836,059$14,943,492XML
990December 2022$1,812,653$238,722$15,342,168IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-5038157).

Questions about GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION

What is the EIN of GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION?
The employer identification number (EIN) of GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION is 82-5038157.
Is GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION?
The 990 for the year ended December 31, 2024 names JESSICA THOMPSON.
Who are the officers and directors of GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,553,492, expenses of $1,055,111 and total assets of $23,232,311 at year end.

Other nonprofits in LOCUST GROVE

All nonprofits in LOCUST GROVE · Virginia · Education