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Filing year 2024

VIRGINIA STATE UNIVERSITY REAL ESTATE FOUNDATION

Petersburg, Virginia·EIN 01-0681650·NTEE B114 · Education·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 · Schedule J · 1 reported individual · Filing year 2024

Executive Director
$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

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.

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

Revenue and expenses over time

VIRGINIA STATE UNIVERSITY REAL ESTATE FOUNDATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$4.3M
$3.9M
2022
$3.2M
$2.6M
2023
$2.8M
$1.4M
2024
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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