Nonprofit · EIN 88-2073025
GEORGIA REGENTS REAL ESTATE CORPORATION
Tax-exempt · AUGUSTA, GA 30912
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,736,352 | $228,500 | $1,507,852 | $20,630,712 | $12,808,711 | $7,822,001 |
| June 30, 2024 | 990 | $2,141,971 | $228,090 | $1,913,881 | $25,015,523 | $18,701,374 | $6,314,149 |
| June 30, 2023 | 990 | $4,536,338 | $136,070 | $4,400,268 | $21,754,681 | $17,354,413 | $4,400,268 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $498,950
- Net rental income
- $1,237,402
- Other revenue
- $1,237,402
Expenses
- Grants and similar amounts paid
- $8,667
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $38,998
- Accounting fees
- $49,486
- Program services (functional)
- $49,605
- Management and general (functional)
- $178,895
Balance sheet and other
- Total assets, start of year
- $25,015,523
- Total assets, end of year
- $20,630,712
- Total liabilities, end of year
- $12,808,711
- Net assets, end of year
- $7,822,001
- Net assets without donor restrictions
- $7,822,001
- Gross receipts
- $4,388,085
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2014
- State of legal domicile
- GA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| RUSSELL KEEN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $532,933 |
| YVONNE TURNER | TREASURER Trustee or director, Officer | 2 | $0 | $451,328 |
| MICHAEL SHAFFER | FORMER EMPLOYEE Former | 1 | $0 | $318,505 |
| CHRIS MELCHER | SECRETARY Trustee or director, Officer | 2 | $0 | $268,153 |
| MILDRED GARMON | FORMER CFO Former | 1 | $0 | $202,640 |
| STEPHEN WERTZ | VP FOR FOUNDATIONS AND CEO, AU FOUNDATIONS Key employee | 20 | $0 | $197,199 |
| KRISTINA BAGGOTT | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $163,848 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BROOKS KEEL | PRESIDENT & CHAIRMAN Trustee or director, Officer | 1 | $0 | $903,698 | $343,958 |
| YVONNE TURNER | TREASURER Trustee or director, Officer | 2 | $0 | $411,849 | $131,487 |
| RUSSELL KEEN | EVP FOR ADM. NON-VOTING Key employee | 1 | $0 | $414,485 | $80,507 |
| WILLIAM SHAFFER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $317,068 | $29,637 |
| CHRISTOPHER MELCHER | SECRETARY - NON-VOTING Officer | 2 | $0 | $272,554 | $44,765 |
| STEPHEN WERTZ | VP FOR FOUNDATION - NON VOTING Key employee | 1 | $0 | $205,047 | $26,076 |
| MILDRED GARMON | CFO - NON-VOTING Officer | 1 | $0 | $102,938 | $12,138 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BROOKS KEEL | PRESIDENT & CHAIRMAN Trustee or director, Officer | 1 | $0 | $903,523 | $312,296 |
| YVONNE TURNER | TREASURER Trustee or director, Officer | 2 | $0 | $387,284 | $6,052 |
| WILLIAM SHAFFER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $317,568 | $0 |
| CHRISTOPHER MELCHER | SECRETARY Officer | 2 | $0 | $273,054 | $750 |
Address and contacts
- Address (IRS master file)
- 1120 15TH ST UNIT AA-2028, AUGUSTA, GA 30912-0004
- In care of
- % CHIEF BUSINESS OFFICER
- Principal officer (990 for 2024)
- JODI COLLINS, 1120 15TH ST UNIT AA-2028, AUGUSTA, GA 30912
- Signed the 990
- JODI COLLINS, CFO
- Phone
- (706) 721-4018
- Return prepared by
- SEROTTA MADDOCKS EVANS & CO
Mission
THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY AS A SUPPORTING ORGANIZATION TO AND FOR THE BENEFIT OF AUGUSTA UNIVERSITY, AN INSTRUMENTALITY OF THE UNIVERSITY SYSTEM OF GEORGIA, AND TO MANAGE REAL ESTATE ASSETS AND TO CREATE AND ADMINISTER COMMERCIAL REVENUE IN SUPPORT OF THE EDUCATIONAL, RESEARCH, AND CLINICAL MISSION OF AUGUSTA UNIVERSITY.
Program accomplishments
- MANAGE REAL ESTATE ASSETS AND TO CREATE AND ADMINISTER COMMERCIAL REVENUE IN SUPPORT OF THE EDUCATIONAL, RESEARCH, AND CLINICAL MISSION OF AUGUSTA UNIVERSITY.Expenses $49,605 · grants $8,667 · revenue $1,237,402
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 88-2073025
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2025
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S50)
- Assets (IRS master file)
- $20,630,712
- Income (IRS master file)
- $4,388,085
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,736,352 | $228,500 | $20,630,712 | XML |
| 990 | June 2024 | $2,141,971 | $228,090 | $25,015,523 | IRS |
| 990 | June 2023 | $4,536,338 | $136,070 | $21,754,681 | XML |
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 88-2073025).
Questions about GEORGIA REGENTS REAL ESTATE CORPORATION
- What is the EIN of GEORGIA REGENTS REAL ESTATE CORPORATION?
- The employer identification number (EIN) of GEORGIA REGENTS REAL ESTATE CORPORATION is 88-2073025.
- Is GEORGIA REGENTS REAL ESTATE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to GEORGIA REGENTS REAL ESTATE CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does GEORGIA REGENTS REAL ESTATE CORPORATION 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 GEORGIA REGENTS REAL ESTATE CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GEORGIA REGENTS REAL ESTATE CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GEORGIA REGENTS REAL ESTATE CORPORATION?
- The 990 for the year ended June 30, 2025 names JODI COLLINS.
- Who are the officers and directors of GEORGIA REGENTS REAL ESTATE CORPORATION?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does GEORGIA REGENTS REAL ESTATE CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,736,352, expenses of $228,500 and total assets of $20,630,712 at year end.
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