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Nonprofiteer
← BUCKNELL REAL ESTATE INC

Form 990 for tax year 2024

Filed by BUCKNELL REAL ESTATE INC.

Totals

Total revenue
$177,000
Total expenses
$920,996
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$177,000
Total assets, end of year
$7,419,994
Total liabilities, end of year
$17,865,370
Net assets or fund balances, end of year
-$10,445,376
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 6a · Gross rents

    real property $177,000

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $177,000

  • 6d · Net rental income or loss

    total $177,000 · related or exempt $119,051 · unrelated business $57,949

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $26,459

  • 11g · Fees: other

    total $20,677

  • 13 · Office expenses

    total $3,465

  • 19 · Conferences, conventions and meetings

    total $163,519

  • 22 · Depreciation, depletion and amortization

    total $689,066

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $17,810

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $527,238 · end of year $703,141

  • 10a · Land, buildings and equipment: cost or other basis

    $16,776,292

  • 10b · Land, buildings and equipment: accumulated depreciation

    $10,059,439

  • 10c · Land, buildings and equipment, net

    beginning of year $7,156,858 · end of year $6,716,853

  • 15 · Other assets

    beginning of year $13,642 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $16,190,000 · end of year $16,190,000

  • 25 · Other liabilities

    beginning of year $1,209,118 · end of year $1,675,370

  • 27 · Net assets without donor restrictions

    beginning of year -$9,701,380 · end of year -$10,445,376

Mission and programs · 2024

Mission

BUCKNELL REAL ESTATE, INC. WAS FORMED FOR THE SOLE PURPOSE OF ACQUIRING AND HOLDING TITLE TO, LEASING AND REHABILITATING REAL ESTATE ON BEHALF OF BUCKNELL UNIVERSITY.

  • ACQUIRED, REHABILITATED, AND HELD 3 PROPERTIES ON BEHALF OF BUCKNELL UNIVERSITY, ITS PARENT ORGANIZATION.

As filed on the 2024 return.

Listed in Part VII

  • Elizabeth D Stewart

    INTERIM PRES/VP

    Total calculated
    $245,582
    From this org
    $0
    From related orgs
    $209,371
    Other
    $36,211
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $208,175 related
    Bonus
    $0
    Other
    $0 + $1,196 related
    Deferred
    $0 + $21,547 related
    Nontaxable benefits
    $0 + $14,664 related
    Filer's total
    $0 + $245,582 related
  • Lori Wilson

    SECRETARY

    Total calculated
    $189,257
    From this org
    $0
    From related orgs
    $138,695
    Other
    $50,562
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $136,586 related
    Bonus
    $0
    Other
    $0 + $2,109 related
    Deferred
    $0 + $15,108 related
    Nontaxable benefits
    $0 + $35,454 related
    Filer's total
    $0 + $189,257 related
  • Ronald E Stauffer II

    DIRECTOR

    Total calculated
    $183,581
    From this org
    $0
    From related orgs
    $140,460
    Other
    $43,121
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $140,043 related
    Bonus
    $0
    Other
    $0 + $417 related
    Deferred
    $0 + $15,305 related
    Nontaxable benefits
    $0 + $27,816 related
    Filer's total
    $0 + $183,581 related
  • Ellen Ruby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I LINE 3 METHODS USED TO ESTABLISH COMPENSATION BY RELATED ORGANIZATIO
THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT FORM 990 OF OTHER ORGANIZATIONS COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • BISON VENTURES INC

    C · BOOKSTORE OPERATIONS · PA

Provenance

Return type
form_990
Tax year
2024
Filed
5 April 2026
IRS schema version
2024v5.5
Source object
202600999349300600

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