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Filing year 2023

JAMES MADISON UNIVERSITY REAL ESTATE FOUNDATION INC

Harrisonburg, Virginia·EIN 54-1632549·NTEE B43I · Education·3
Total revenue
$291
Total assets
$4.9M
Total expenses
$1k
Reported officers
25
Mission

The purpose of the James Madison University Real Estate Foundation is to receive, manage, and dispose of real property in such manner as promotes the welfare, efficiency and objectives of James Madison University.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

Vice President/chief Financial Officer
$34k
$37k
Secretary, Senior Acctg Manager - Operations
secretary (operational)
$33k
$36k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 22 unpaid individuals.

Browse compensation in Education

Down 11%
from 2022

From $42k in 2022 to $37k in 2023.

$42k
2022
$37k
2023
In today's dollarsEst.
Down 15% in real terms$47k to $40k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

JAMES MADISON UNIVERSITY REAL ESTATE FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$220k
$91k
2022
$291
$1k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Virginia

Comparable education organizations in Virginia pay their highest-earning executive a median of $103,585.

25th percentile
$39k
Median
$103,585
75th percentile
$249k
90th percentile
$462k

These are education sector-wide figures, not this organization's reported pay. Based on 263 organizations across 263 filings (2021 – 2023).

See full Education pay data for Virginia
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