Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
990 • Fiscal year 2023 • EIN 20-1612906
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
3rd percentile
Higher top officer pay than 3% of similar nonprofits.
Top officer pay equals 0.3% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
74th percentile
Faster revenue growth than 74% of similar nonprofits.
Assets
Down$301,484,487
Down $12,729,502 (-4.1%) from 2022
Net Assets
Down-$33,585,992
Down $6,998,026 (-26%) from 2022
Liabilities
Down$335,070,479
Down $5,731,476 (-1.7%) from 2022
Revenue
Up$29,649,183
Up $3,410,009 (+13%) from 2022
Expenses
Up$36,647,209
Up $4,317,810 (+13%) from 2022
Net Income
Down-$6,998,026
Down $907,801 (-15%) from 2022
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $213,095,554 | $217,474,644 | ▲ $4,379,090 |
| Cash and Non-Interest-Bearing Accounts | $12,534,699 | $4,725,882 | ▼ $7,808,817 |
| Prepaid Expenses and Deferred Charges | $117,664 | $130,411 | ▲ $12,747 |
| Total Assets | $314,213,989 | $301,484,487 | ▼ $12,729,502 |
| Other Assets Total | $88,466,072 | $79,153,550 | ▼ $9,312,522 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $292,435,000 | $292,435,000 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $33,283,180 | $29,817,479 | ▼ $3,465,701 |
| Accounts Payable and Accrued Expenses | $11,797,922 | $9,216,292 | ▼ $2,581,630 |
| Other Liabilities | $2,164,880 | $2,150,061 | ▼ $14,819 |
| Unsecured Notes Loans Payable | $1,120,973 | $1,451,647 | ▲ $330,674 |
| Total Liabilities | $340,801,955 | $335,070,479 | ▼ $5,731,476 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $16,377,515 | $429,778 | ▼ $15,947,737 |
| Net Assets Without Donor Restrictions | $-42,965,481 | $-34,015,770 | ▲ $8,949,711 |
| Total Net Assets Fund Balance | $-26,587,966 | $-33,585,992 | ▼ $6,998,026 |
| Total Liabilities and Net Assets / Fund Balance | $314,213,989 | $301,484,487 | ▼ $12,729,502 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $191,054,625 | $49,886,966 | $240,941,591 |
| Land | $17,335,191 | - | $17,335,191 |
| Other Land Buildings | $6,970,500 | $8,876,294 | $15,846,794 |
| Equipment | $2,114,328 | $5,104,434 | $7,218,762 |
| Other Assets Org | $12,147,366 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Lori Blackwood | Executive Di | FT | - | $85,978 | $85,978 |
| Louise W Waller | Director | PT | $85,500 | - | $85,500 |
| Name | Title |
|---|---|
| John W Daniel Ii | President |
| Cameron Patterson | Director |
| Courtney Hodges | Director |
| Debbie D Epperson | Director |
| E Duffy Myrtetus | Director |
| Gregory F Fawcett Ii | Director |
| Hunter Watson | Director |
| Lucia Anna Pia Trigiani | Director |
| Matt Mcgregor | Director |
| Michael a Evans | Director |
| Sherry Swinson | Director |
| Troy S Austin | Director |
| W Taylor Reveley Iv | Director |
| William Fiege | Director |
| Sherri Moore | Secretary |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Skanska USA Building INC | Construction | 8521 LEESBURG PIKE, SUITE 220, Vienna, VA 22182 | $9,617,832 |
| Jm Hayden Construction | Construction | 946 TALLENT TOWN RD, SUITE 502, Warsaw, VA 22572 | $546,031 |
| Rrmm Architects PC | Architectual | 115 S 15TH ST, SUITE 100, Richmond, VA 23219 | $303,310 |
| Disys Solutions INC | It Solutions | 44670 CAPE CT, Ashburn, VA 20147 | $135,468 |
| Line Item | Amount |
|---|---|
| Other Expenses | $31,057,854 |
| Grants and Similar Amounts Paid | $5,270,000 |
| Salaries, Compensation, and Employee Benefits | $319,355 |
| Total Fundraising Expense | $13,198 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $14,367,781 | - | - | $14,367,781 |
| Depreciation Depletion | $7,368,952 | - | - | $7,368,952 |
| Occupancy | $5,833,281 | - | - | $5,833,281 |
| Grants to Domestic Orgs | $5,270,000 | - | - | $5,270,000 |
| Insurance | $640,460 | $7,640 | - | $648,100 |
| Fees for Services Other | $73,324 | $135,818 | $360 | $209,502 |
| Other Salaries and Wages | $81,833 | $48,890 | $8,338 | $139,061 |
| Current Officers, Directors, Trustees, and Key Employees | $89,226 | $47,956 | - | $137,182 |
| Other Expenses | $101,933 | - | - | $101,933 |
| Office Expenses | - | $79,309 | - | $79,309 |
| Fees for Services Accounting | - | $59,414 | - | $59,414 |
| Fees for Services Legal | $57,010 | $910 | - | $57,920 |
| Other Employee Benefits | $10,807 | $24,347 | $187 | $35,341 |
| Payroll Taxes | $3,458 | - | $4,313 | $7,771 |
| Total Functional Expenses | $36,229,727 | $404,284 | $13,198 | $36,647,209 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $37,011,001 |
| Expenses per Audited Statements | $36,647,209 |
| Total Expenses per Form 990 | $36,647,209 |
| Expenses Not Reported on Form 990 | $363,792 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Longwood University | Farmville, VA | Gov | General Support | $5,240,000 |
| Prince Edward Co Vol Rescue Squad | Farmville, VA | 501c3 | General Operations | $30,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Bond Discount & Premium | $8,616,921 |
| Loan Costs | $-6,466,860 |
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| B | Ida of Town of Farmville Va 2020a | 2020-06-25 | $121,625,000 | The refunding of series 2017 bonds, acquisition of leasehold interest, and refinancing of debt. |
| A | Ida of Town of Farmville Va 2018a | 2018-12-20 | $120,910,000 | To refund series 2015 bonds, finance any reserves, and pay cost of issuance required under the 2018 |
| C | Ida of Town of Farmville Va 2021 | 2021-03-29 | $49,900,000 | Financing the construction and equipping of a multipurpose special events and convocation center fac |
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| B | $126,771,074 | $123,457,233 | - | $2,734,033 |
| A | $126,101,846 | $121,393,307 | - | $2,290,998 |
| C | $49,900,000 | - | - | $998,000 |
“A draft copy of the 990 is given to the executive director and the board members for a period of time for changes before the 990 is filed. The final form 990 is presented at the preceeding board of trustees meeting and all board members are provided a copy to review and ask questions.”
“Salaries are approved by longwood university.”
“All salaries are approved by longwood university”
“The organization makes its governing documents, conflict of interest policy, and financial statement available upon request.”
“Rental expense offsetting income 363,792 rental expenses -363,792”
“Rental expense offsetting income -363,792”
“RENTAL EXPENSES 363,792”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 11797922 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 9216292 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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. |
| IRS990/AllOtherContributionsAmt | 0 | 1308875 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | false |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | LORI BLACKWOOD |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4343952358 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 315 WEST THIRD STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FARMVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23901 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 12534699 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 4725882 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 4 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 47956 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 89226 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 137182 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | true |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 9617832 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 546031 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 303310 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 135468 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 8521 LEESBURG PIKE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 946 TALLENT TOWN RD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 115 S 15TH ST |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | 44670 CAPE CT |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt | 0 | SUITE 220 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt | 1 | SUITE 502 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt | 2 | SUITE 100 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | VIENNA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | WARSAW |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | RICHMOND |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | ASHBURN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | VA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | VA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | VA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 22182 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 22572 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 23219 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 20147 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | SKANSKA USA BUILDING INC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | JM HAYDEN CONSTRUCTION |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | RRMM ARCHITECTS PC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | DISYS SOLUTIONS INC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | CONSTRUCTION |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | CONSTRUCTION |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | ARCHITECTUAL |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | IT SOLUTIONS |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1308875 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 5270000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1659323 |
| IRS990/CYOtherExpensesAmt | 0 | 31057854 |
| IRS990/CYOtherRevenueAmt | 0 | -7940 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 26688925 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -6998026 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 319355 |
| IRS990/CYTotalExpensesAmt | 0 | 36647209 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 13198 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 29649183 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 7368952 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 7368952 |
| IRS990/Desc | 0 | ALL PROGRAM ACTIVITIES RELATE TO THE ACQUISITION, DEVELOPMENT, FINANCING, LEASING, HOLDING, OPERATING, MANAGEMENT AND DISPOSAL OF REAL PROPERTY ASSETS AND INTERESTS OF LONGWOOD UNIVERSITY. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | true |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 16377515 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 429778 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 16 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 36229727 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 59414 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 59414 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 910 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 57010 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 57920 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 360 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 135818 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 73324 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 209502 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 15.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 23201 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | LORI BLACKWOOD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LOUISE W WALLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TROY S AUSTIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DEBBIE D EPPERSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MICHAEL A EVANS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | WILLIAM FIEGE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | COURTNEY HODGES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | GREGORY F FAWCETT II |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JOHN W DANIEL II |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | W TAYLOR REVELEY IV |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | MATT MCGREGOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | E DUFFY MYRTETUS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | CAMERON PATTERSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | SHERRY SWINSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | LUCIA ANNA PIA TRIGIANI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | HUNTER WATSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | SHERRI MOORE |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 85500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 62777 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE DI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/Form990TFiledInd | 0 | true |
| IRS990/FormationYr | 0 | 2004 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 6175 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 17 |
| IRS990/GrantAmt | 0 | 5270000 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 5270000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 5270000 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 2500000 |
| IRS990/GrossReceiptsAmt | 0 | 32402834 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 355852 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 7640 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 640460 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 648100 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 14367781 |
| IRS990/InterestGrp/TotalAmt | 0 | 14367781 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1653148 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1653148 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 34 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 63867694 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 213095554 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 217474644 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 281342338 |
| IRS990/LegalDomicileStateCd | 0 | VA |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 2493825 |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 363792 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 33283180 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 29817479 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -26587966 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -33585992 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 6175 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 6175 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -7940 |
| IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt | 0 | -7940 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -42965481 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -34015770 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 5833281 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 5833281 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 79309 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 79309 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 88466072 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 79153550 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 187 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 24347 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 10807 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 35341 |
| IRS990/OtherExpensesGrp/Desc | 0 | FACILITY MANAGEMENT COSTS |
| IRS990/OtherExpensesGrp/Desc | 1 | DESIGN & OTHER PROP COSTS |
| IRS990/OtherExpensesGrp/Desc | 2 | MITIGATION BANK COSTS |
| IRS990/OtherExpensesGrp/Desc | 3 | OTHER PROGRAM EXP |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1481878 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 588022 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 261762 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 101933 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1481878 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 588022 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 261762 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 101933 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 2164880 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 2150061 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 8338 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 48890 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 81833 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 139061 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 4313 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 3458 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 7771 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 117664 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 130411 |
| IRS990/PrincipalOfficerNm | 0 | LORI BLACKWOOD |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531190 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENT |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | OTHER PROGRAM REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | PARKING |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 25211176 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 1364990 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 112759 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 25211176 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 1364990 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 112759 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 687632 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 2030000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 794528 |
| IRS990/PYOtherExpensesAmt | 0 | 29984402 |
| IRS990/PYOtherRevenueAmt | 0 | 42246 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 24714768 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -6090225 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 314997 |
| IRS990/PYTotalExpensesAmt | 0 | 32329399 |
| IRS990/PYTotalRevenueAmt | 0 | 26239174 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -6998026 |
| IRS990/RegularMonitoringEnfrcInd | 0 | false |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -7940 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 26688925 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE REAL ESTATE FOUNDATION BOARD OF DIRECTORS IS APPOINTED BY LONGWOOD UNIVERSITY BOARD OF VISITORS AND INCLUDES 4 EX-OFFICIO DIRECTORS THAT HOLD OFFICIAL POSITIONS AT THE UNIVERSITY. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | THE FOUNDATION PROVIDES LEASING OF STUDENT HOUSING AND OTHER STUDENT RELATED FACILITIES TO LONGWOOD UNIVERSITY (THE SUPPORTED ORGANIZATION) AND SUPPORTS GENERAL REAL ESTATE AND PROPERTY MANAGEMENT FOR THE UNIVERSITY. IN ADDITION TO ANY MONETARY SUPPORT, THE FOUNDATION PROVIDES ACCESS TO THE FACILITIES UNDER LEASE AGREEMENTS, AND PAYS MANAGEMENT AND OTHER ANCILLARY SERVICE FEES TO THE UNIVERSITY. SEE SCHEDULE R. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART IV, SECTION C, LINE 1 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | SUPPLEMENTAL INFORMATION |
| IRS990ScheduleA/MajorityDirTrstSupportedOrgInd | 0 | false |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.