Nonprofit · EIN 82-5038157
GERMANNA COMMUNITY COLLEGE REAL ESTATE FOUNDATION
Tax-exempt · LOCUST GROVE, VA 22508
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,553,492 | $1,055,111 | $3,498,381 | $23,232,311 | $11,857,354 | $11,374,957 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JANET GULLICKSON | SECRETARY Trustee or director, Officer | 1 | $0 | $263,850 | $126,464 |
| JESSICA THOMPSON | EXECUTIVE DIRECTOR OF EDUCATIONAL FOUNDATION Officer | 36 | $0 | $100,080 | $40,382 |
| PAUL GRIGGS | FINANCIAL ANALYST Officer | 36 | $0 | $75,280 | $30,375 |
| RICHARD COLLAWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ED DALRYMPLE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAUL JANNEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BENJAMIN KEDDIE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANGEL PIONTEK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES PAYNE | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JACK ROWLEY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| WILLIAM THOMAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| JANET GULLICKSON | SECRETARY Trustee or director, Officer | 1 | $0 | $250,148 |
| BRUCE DAVIS | SPECIAL ASSISTANT TO THE P Officer | 6 | $0 | $130,516 |
| RICHARD COLLAWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED DALRYMPLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL JANNEY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BENJAMIN KEDDIE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANGEL PIONTEK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES PAYNE | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JACK ROWLEY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| WILLIAM THOMAS | DIRECTOR 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,553,492 | $1,055,111 | $23,232,311 | XML |
| 990 | December 2023 | $498,433 | $836,059 | $14,943,492 | XML |
| 990 | December 2022 | $1,812,653 | $238,722 | $15,342,168 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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.
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