NonprofitsBlugold Real Estate Foundation Inc

Housing & Shelter

Blugold Real Estate Foundation Inc

EAU CLAIRE, WI

Total revenue

$8.2M

Total expenses

$7.2M

Net assets

$51.5M

Grants received

$42.1M

2 grants

EIN

471689874

Tax year

2023

Mission

The corporation is organized and shall be operated exclusively for charitable, educational, and scientific purposes. The corporation shall be operated for the benefit of and in alignment with the university of wisconsin-eau claire foundation, inc. And the university of wisconsin-eau claire. The most significant activities of the corporation are listed below.to accept, acquire, lease, hold, develop, operate, manage, sell, transfer, and otherwise deal in real estate for use and enjoyment by, in furtherance of the purpose of, and for the exclusive benefit of the university of wisconsin-eau claire foundation, inc. And the university of wisconsin-eau claire.to rent affordable student housing and to create affordable low income housing projects, primarily for students (especially for low income students), as determined in accordance with the income limits published by the federal department of housing and urban development under the national housing act of 1937.

Financials

FY 2023

Revenue

Contributions & grants$1.8M
Program service revenue$6.3M
Investment income$118K
Other revenue
Total revenue$8.2M

Expenses

Grants paid$1.8M
Salaries & benefits
Fundraising
Other expenses$5.4M
Total expenses$7.2M
Total assets$101.3M
Net assets$51.5M

People

8 listed

NameRoleCompensation

NEIL LIPINSKI

PRESIDENT/CHAIR

Board

1 hrs/wk

TERRY MCMAHON

VICE PRESIDENT

Board

1 hrs/wk

PATRICIA LIEN

ASSISTANT SECRETARY

Board

1 hrs/wk

CHOPS HANCOCK

DIRECTOR

Board

1 hrs/wk

TIM OLSON

DIRECTOR

Board

1 hrs/wk

STEVE SEMINGSON

DIRECTOR

Board

1 hrs/wk

KIMERA M WAY

EXECUTIVE DIRECTOR

Board

1 hrs/wk

ASPEN RYSKOSKI

TREASURER

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$41.1M
ORGANIZATIONAL SUPPORT AND REAL ESTATE ADDITIONS
2021
$1M
ORGANIZATION SUPPORT
2019

Funded by

$42.1M from 1 funder · 2 grants · 2019–2021

University Of Wisconsin - Eau Claire

$42.1M · 2 grants · 2019–2021

Details

EIN471689874
NTEE codeL11
Subsection03
Ruling date2014-12
Formed2014
Employees0
Volunteers6
BLUGOLD REAL ESTATE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo