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Nonprofit · EIN 20-1612906

LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION

Tax-exempt · FARMVILLE, VA 23901

Financials

$29.6M$36.6M2023$35.1M$38.6M2024
Revenue Expenses · by fiscal year end
Financials of LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$35,126,384$38,577,423-$3,451,039$298,140,860$334,657,692-$36,516,832
December 31, 2023990$29,649,183$36,647,209-$6,998,026$301,484,487$335,070,479-$33,585,992
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,108,706
of which government grants
$2,315,448
Program service revenue
$27,545,497
Investment income
$1,435,710
Net rental income
$36,471
Net gain from sales of assets
-$230,874
Other revenue
$36,471

Expenses

Grants and similar amounts paid
$4,500,000
Compensation of officers, directors and key employees
$111,184
Other salaries and wages
$366,218
Salaries, compensation and benefits (total)
$477,402
Professional fundraising fees
$0
Legal fees
$48,256
Accounting fees
$75,752
Occupancy
$5,303,392
Depreciation
$8,174,239
Program services (functional)
$38,160,762
Management and general (functional)
$405,210
Fundraising (functional)
$11,451

Balance sheet and other

Total assets, start of year
$301,484,487
Total assets, end of year
$298,140,860
Total liabilities, end of year
$334,657,692
Net assets, end of year
-$36,516,832
Land, buildings and equipment
$213,225,903
Net assets without donor restrictions
-$39,601,918
Net assets with donor restrictions
$3,085,086
Gross unrelated business income
$36,471
Gross receipts
$36,303,314
Employees
15
Year formed
2004
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
LORI BLACKWOODEXECUTIVE DI
Trustee or director, Officer
40$0$66,494$25,096
LOUISE W WALLERDIRECTOR
Trustee or director
2$40,000$0$0
TROY S AUSTINDIRECTOR
Trustee or director
1$0$0$0
DEBBIE D EPPERSONDIRECTOR
Trustee or director
1$0$0$0
MICHAEL A EVANSDIRECTOR
Trustee or director
1$0$0$0
WILLIAM FIEGEDIRECTOR
Trustee or director
1$0$0$0
COURTNEY HODGESDIRECTOR
Trustee or director
2$0$0$0
GREGORY F FAWCETT IIDIRECTOR
Trustee or director
1$0$0$0
JOHN W DANIEL IIPRESIDENT
Trustee or director, Officer
2$0$0$0
W TAYLOR REVELEY IVDIRECTOR
Trustee or director
2$0$0$0
MATT MCGREGORDIRECTOR
Trustee or director
2$0$0$0
E DUFFY MYRTETUSDIRECTOR
Trustee or director
1$0$0$0
CAMERON PATTERSONDIRECTOR
Trustee or director
1$0$0$0
TIM PIERSONDIRECTOR
Trustee or director
1$0$0$0
SHERRY SWINSONDIRECTOR
Trustee or director
1$0$0$0
2 more people on this return
NameTitleHours / weekCompensation
LUCIA ANNA PIA TRIGIANIDIRECTOR
Trustee or director
1$0
SHERRI MOORESECRETARY
Officer
40$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LORI BLACKWOODEXECUTIVE DI
Trustee or director, Officer
40$0$62,777$23,201
LOUISE W WALLERDIRECTOR
Trustee or director
15$85,500$0$0
TROY S AUSTINDIRECTOR
Trustee or director
1$0$0$0
DEBBIE D EPPERSONDIRECTOR
Trustee or director
1$0$0$0
MICHAEL A EVANSDIRECTOR
Trustee or director
1$0$0$0
WILLIAM FIEGEDIRECTOR
Trustee or director
1$0$0$0
COURTNEY HODGESDIRECTOR
Trustee or director
1$0$0$0
GREGORY F FAWCETT IIDIRECTOR
Trustee or director
1$0$0$0
JOHN W DANIEL IIPRESIDENT
Trustee or director, Officer
2$0$0$0
W TAYLOR REVELEY IVDIRECTOR
Trustee or director
1$0$0$0
MATT MCGREGORDIRECTOR
Trustee or director
1$0$0$0
E DUFFY MYRTETUSDIRECTOR
Trustee or director
1$0$0$0
CAMERON PATTERSONDIRECTOR
Trustee or director
1$0$0$0
SHERRY SWINSONDIRECTOR
Trustee or director
1$0$0$0
LUCIA ANNA PIA TRIGIANIDIRECTOR
Trustee or director
1$0$0$0
HUNTER WATSONDIRECTOR
Trustee or director
1$0$0$0
SHERRI MOORESECRETARY
Officer
40$0$0$0

Address and contacts

Address (IRS master file)
315 W THIRD ST, FARMVILLE, VA 23901-1293
In care of
% KATHY WORSTER
Principal officer (990 for 2024)
LORI BLACKWOOD, 315 WEST THIRD ST, FARMVILLE, VA 23901
Signed the 990
LORI BLACKWOOD, EXECUTIVE DIRECTOR
Phone
(434) 395-2086
Return prepared by
J BROCKLEHURST CPA PLLC

Mission

THE MISSION OF THE FOUNDATION IS TO ACQUIRE, DEVELOP, FINANCE, LEASE, HOLD, OPERATE, MANAGE AND DISPOSE OF REAL PROPERTY ASSETS AND INTERESTS FOR LONGWOOD UNIVERSITY.

990 for the year ended December 31, 2024

Program accomplishments

  • ALL PROGRAM ACTIVITIES RELATE TO THE ACQUISITION, DEVELOPMENT, FINANCING, LEASING, HOLDING, OPERATING, MANAGEMENT AND DISPOSAL OF REAL PROPERTY ASSETS AND INTERESTS OF LONGWOOD UNIVERSITY.
    Expenses $38,160,762 · grants $4,500,000 · revenue $27,545,497

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-1612906
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$298,140,860
Income (IRS master file)
$36,407,279

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$35,126,384$38,577,423$298,140,860XML
990-TDecember 2024–––IRS
990December 2023$29,649,183$36,647,209$301,484,487XML
990-TDecember 2023–––IRS
990December 2022$26,239,174$32,329,399$314,213,989IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––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 20-1612906).

Questions about LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION

What is the EIN of LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION?
The employer identification number (EIN) of LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION is 20-1612906.
Is LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does LONGWOOD UNIVERSITY 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 LONGWOOD UNIVERSITY 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 LONGWOOD UNIVERSITY 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 LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION?
The 990 for the year ended December 31, 2024 names LORI BLACKWOOD.
Who are the officers and directors of LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 17 people; 1 received compensation from the organization.
How much revenue does LONGWOOD UNIVERSITY REAL ESTATE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $35,126,384, expenses of $38,577,423 and total assets of $298,140,860 at year end.

Other nonprofits in FARMVILLE

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