MOUNTAIN GATEWAY COMMUNITY COLLEGE REAL ESTATE FOUNDATION
EIN 82-3149429 CLIFTON FORGE, VA
- Revenue 2024
- $4,393,943
- Expenses 2024
- $385,554
Program services were 94.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B12
- Classification
- 1000
- Street
- 1000 COLLEGE DR
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
TO SUPPORT MOUNTAIN GATEWAY COMMUNITY COLLEGE BY PURCHASING AND DEVELOPING PROPERTIES THAT WILL BE RENTED BY THE COLLEGE FOR USE AS CLASSROOM SPACES AND TRAINING CENTERS.
-
PURCHASE PROPERTIES IN BUENA VISTA, VA AND RENOVATE THEM IN ORDER TO CREATE A WORKFORCE CENTER THAT MOUNTAIN GATEWAY COMMUNITY COLLEGE CAN RENT FROM THE FOUNDATION TO DELIVER IN-DEMAND TRAINING FOR ADVANCED MANUFACTURING, MACHINING,WELDING, HVAC AND DIESEL MECHANICS.
Expenses $364,344 · Revenue $16,800
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
JOHN J RAINONE
SECRETARY
- Total calculated
- $272,237
- From this org
- $0
- From related orgs
- $212,895
- Other
- $59,342
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $212,895 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $59,342 related
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $272,237 related
-
MICHELLE AUSTIN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
ANGELA D GRAHAM
EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 5 + 40 related
-
JANIE HARRIS
PUBLIC DIREC
- Total calculated
- $0
- Hours/week
- 2
-
K KYLE KEYSER
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
TONY MCFADDIN
PUBLIC DIREC
- Total calculated
- $0
- Hours/week
- 2
-
AMY PHILLIPS
EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 2
-
JOHN STONE
EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 2
-
DONNA P VAUGHN
PUBLIC DIREC
- Total calculated
- $0
- Hours/week
- 2
-
STEVE VAUGHN
PUBLIC DIREC
- Total calculated
- $0
- Hours/week
- 2
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $4,393,943
- Expenses
- $385,554
- Contributions
- $4,367,880
- Grants paid
- $0
-
2023
- Revenue
- $1,266,439
- Expenses
- $58,667
- Contributions
- $1,207,047
- Grants paid
- $0
-
2022
- Revenue
- $460,380
- Expenses
- $18,498
- Contributions
- $459,896
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $117,921
- Expenses
- $14,760
- Assets (EOY)
- $953,062
-
2020 · 990
- Revenue
- $854,274
- Expenses
- $5,098
- Assets (EOY)
- $849,901
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Form 990-N e-Postcard, tax year 2019
- Tax period
- 1 July 2019 to 30 June 2020
- Principal officer
- John Rainone
- Mailing address
- 1000 Dabney DriveClifton Forge VA 24422
As filed, from the IRS e-Postcard file of 26 October 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
2024 TO SUPPORT VA INFRASTRUCTURE ACADEMY SKILLED TRADES TRAINING PROGRAM.
-
2023 EDUCATION
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
MOUNTAIN GATEWAY COMMUNITY COLLEGE
115 · VA
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.