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BLUGOLD REAL ESTATE FOUNDATION INC

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Public IRS 990 nonprofit record

BLUGOLD REAL ESTATE FOUNDATION INC

EIN 47-1689874 · Single Organization Support (L11)

Complete Charity Report — $1IRS status · full finances · grants · payProceeds go back to charities

What they do

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.

Before you give

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Look at where the money went

Of every $100 spent, about $60.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Who runs this charity—and what were they paid?

This filing lists 13 leaders and board members, with no compensation reported for the people in this filing. The complete report shows their names, titles, time commitments, and exact compensation.

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Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

60.8%of expenses went to mission workForm 990 program services
39.2%of expenses went to managementOffice and general costs
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Money

Financial picture

Tax year 2024

A quick look at the charity’s latest reported finances. The complete report adds exact spending amounts, financial history, grants, funders, contractors, fees, and leadership pay.

Revenue$7,857,758
Expenses$7,771,456
Assets$98,500,235

How reported expenses were divided

This free view shows the broad spending mix. Exact dollar amounts and revenue comparisons are included in the complete report.

Mission workProgram services60.8%of expenses
ManagementOffice and general costs39.2%of expenses
FundraisingAsking for donations0.0%of expenses

Mission work is the Form 990 category called program services. These are the organization’s reported accounting categories, not an independent measure of results.

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People

Leadership and board

Tax year 2024

13 people are listed in this filing

The complete report identifies every listed leader and board member, their title, reported weekly time, and compensation.

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About this charity

Recognized since
January 2014
Location
127 ROOSEVELT AVENUE, EAU CLAIRE, WI 54701-0000
County
Eau Claire
In care of
TERRY MCMAHON

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