Compensation 990

Academic Properties Inc.

Fiscal year ending 2017. Filed on May 15, 2018.

3601 Powelton Ave Lower Level
Philadelphia, Pennsylvania 19104

Academic Properties Inc. (EIN: 23-2411680) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Academic Properties Inc., a 501(c)(3) charitable organization, reported compensation for 9 out of 10 total employees. Among the employees shown here, the average compensation is $511,330. The highest compensated employee at Academic Properties Inc. is John A Fry with fiscal year 2017 compensation of $1,671,432.

Revenue, expenses, and employee compensation

Revenue

$10,074,148

Expenses

$7,226,876

Employee compensation

$545,273
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－24.9%vs 2016
John A Fry
Chair and Director
$1,671,432
$0 from org$1,343,353 from related$328,079 other
＋13.7%vs 2016
Helen Y Bowman
Director,President, VICE Chair, Treasurer
$836,542
$0 from org$746,151 from related$90,391 other
＋27.8%vs 2016
Keith A Orris
Director
$499,970
$0 from org$457,896 from related$42,074 other
New in 2017
Jeffrey Eberly 7116-11916
Treasurer
$468,065
$0 from org$430,575 from related$37,490 other
＋8.0%vs 2016
Robert Francis
Director
$335,018
$0 from org$297,538 from related$37,480 other
＋6.4%vs 2016
Martin J Onzik
Vice President and Director
$254,195
$200,336 from orgNo related comp$53,859 other
－80.4%vs 2016
James R Tucker
Former Director and VICE Chair and PR
$191,209
$0 from org$191,209 from relatedNo other comp
＋6.9%vs 2016
Carmen Piccolo
Property Manager
$186,609
$130,854 from orgNo related comp$55,755 other
＋4.9%vs 2016
Tigist Tesfaye
Controller
$158,931
$130,693 from orgNo related comp$28,238 other

Non-Employee Board Members

＋0.1%vs 2016
Melissa W Brown
Secretary and Director
$146,336
$0 from org$118,625 from related$27,711 other
Robert Buckley
Director
No compensation reported
Patrick S Pasquariello III
Director
No compensation reported

Mission Statement

MAXIMIZING DREXEL UNIVERSITY REAL ESTATE HOLDINGS TO THEIR FULLEST STRATEGIC VALUE WITH EMPHASIS ON SERVING THE UNIVERSITY COMMUNITY.

Revisions to this organization profile

May 14, 2025:
2024 Academic Properties Inc. 990 filed
May 14, 2024:
2023 Academic Properties Inc. 990 filed
May 23, 2023:
2022 Academic Properties Inc. 990 filed

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