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Filing year 2023

VIRGINIA TECH REAL ESTATE FOUNDATION INC

Blacksburg, Virginia·EIN 54-1528809·3
Total revenue
$21.3M
Total assets
$287M
Total expenses
$17.9M
Reported officers
21
Mission

VIRGINIA TECH REAL ESTATE FOUNDATION, INC. (VTREF) WAS ORGANIZED SOLELY FOR THE BENEFIT OF VIRGINIA TECH AND VIRGINIA TECH FOUNDATION INC. VTREF IS TO ENGAGE IN MATTERS PERTAINING TO CERTAIN REAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY.

Executive compensation

Form 990 · Schedule J · 6 reported individuals · Filing year 2023

Director
board member
$376k
$411k
Secretary (thru 05/2024)
secretary (operational)
$68k
$74k
Assistant Secretary (as of 05/2024)
secretary (operational)
$39k
$43k
$37k
$40k
$32k
$35k
Secretary (as of 05/2024)
secretary (operational)
$12k
$13k

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 15 unpaid individuals.

Top compensation, year by year

From $84k in 2022 to $376k in 2023.

$84k
2022
$376k
2023
In today's dollarsEst.
Up 328% in real terms$96k to $411k

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 TECH REAL ESTATE FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$21M
$12.9M
2022
$21.3M
$17.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
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