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Filing year 2024

VIRGINIA STATE UNIVERSITY REAL ESTATE FOUNDATION

Petersburg, Virginia·EIN 01-0681650·NTEE B114 · Education·501(c)(3)
Total revenue
$2.8M
Total assets
$13.5M
Total expenses
$1.4M
Reported officers
7
Mission

VSUREF IS ORGANIZED AND OPERATED TO AQUIRE, DEVELOP, RECEIVE, MAINTAIN AND MANAGE REAL ESTATE ASSETS THAT FURTHER THE AIMS AND PURPOSES OF VIRGINIA STATE UNIVERSITY.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Virginia.

Executive Director
10th to 25th percentile
$36k
$38k

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 6 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at VIRGINIA STATE UNIVERSITY REAL ESTATE FOUNDATION equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
3%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Fell 50%
over 2 years

From $72k in 2022 to $36k in 2024.

$72k
2022
$72k
2023
$36k
2024
In today's dollarsEst.
Down 54% in real terms$82k to $38k

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.

Pay for the position

Chief Executive Officer pay fell 50% from 2022 to 2024, while revenue fell 36%.

$72k in 2022 to $36k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about VIRGINIA STATE UNIVERSITY REAL ESTATE FOUNDATION

What does the Chief Executive Officer of VIRGINIA STATE UNIVERSITY REAL ESTATE FOUNDATION earn?

In 2024, the Chief Executive Officer of VIRGINIA STATE UNIVERSITY REAL ESTATE FOUNDATION received $36,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Education organizations in Virginia, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at VIRGINIA STATE UNIVERSITY REAL ESTATE FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Virginia, the 2024 pay of the Chief Executive Officer at VIRGINIA STATE UNIVERSITY REAL ESTATE FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at VIRGINIA STATE UNIVERSITY REAL ESTATE FOUNDATION equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are VIRGINIA STATE UNIVERSITY REAL ESTATE FOUNDATION's revenue and expenses?

In 2024, VIRGINIA STATE UNIVERSITY REAL ESTATE FOUNDATION reported $2.8M in total revenue and $1.4M in total expenses on its IRS Form 990.

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