Nonprofits›Academic Properties Inc

Housing & Shelter

Academic Properties Inc

PHILADELPHIA, PA

Total revenue

$8.4M

Total expenses

$5.8M

Net assets

$33.7M

Grants received

$50K

2 grants

EIN

232411680

Tax year

2023

Mission

Acquires and improves properties of strategic importance to the future growth of drexel university.

Programs

1 program

Rental of classroom and office space to drexel university.

Expenses: $3.6M

Financials

FY 2023

Revenue

Contributions & grants$45K
Program service revenue$6.6M
Investment income$348K
Other revenue$1.4M
Total revenue$8.4M

Expenses

Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$5.8M
Total expenses$5.8M
Total assets$34.6M
Net assets$33.7M

People

8 listed

NameRoleCompensation

JOHN A FRY

CHAIRMAN OF THE BOARD

Board

—

2 hrs/wk

HELEN Y BOWMAN

VICE CHAIR, TREASURER

Board

—

2 hrs/wk

CARMEN PICCOLO

VICE PRESIDENT

Board

—

40 hrs/wk

ROBERT BUCKLEY

DIRECTOR

Board

—

2 hrs/wk

PATRICK S PASQUARIELLO III

DIRECTOR

Board

—

2 hrs/wk

ALAN GREENBERGER

PRESIDENT, CHIEF OPERATING OFFICER

Board

—

2 hrs/wk

DON LIBERATI

DIRECTOR

Board

—

2 hrs/wk

REBECCA LACHER

SECRETARY

Board

—

2 hrs/wk

Independent contractors

PALMER WATERPROOFING INC

MASONRY RESTORATION

$1.1M

EMERALD WINDOWS INC

CONSTRUCTION SERVICES

$730K

B & S CONSTRUCTION GROUP LLC

CONSTRUCTION SERVICES

$493K

ABM FACILITY SERVICES INC

BUILDING SERVICES

$393K

JMJ CARPENTER CONTRACTOR LLC

CONSTRUCTION SERVICES

$359K

Grants received

Showing 2 of 2

FromAmountPurposeYear
ACADEMIC ASSETS INC
$45K
VOLUNTARY CONTRIBUTION TO AFFILIATE
2023
NICK & PARIS N PANAGOS CHARITABLE TRUST
$5K
TO BENEFIT THE PROGRAMS OF THE ENTITY.
2022

Funded by

$50K from 2 funders · 2 grants · 2022–2023

Academic Assets Inc

$45K · 1 grant · 2023

Details

EIN232411680
NTEE codeL400
Subsection03
Ruling date1994-09
Formed1986
Employees0
Volunteers0
ACADEMIC PROPERTIES INC — Mission, Financials & Grants Received | Grantivo