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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Unclassified Old Dominion University Real Estate Foundation

Old Dominion University Real Estate Foundation

Fiscal year ending 2024. Filed on November 10, 2025.

4417 Monarch Way 4th Floor
Suite 1610
Norfolk, Virginia 23529

Old Dominion University Real Estate Foundation (EIN: 54-1744996) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Old Dominion University Real Estate Foundation, a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $385,389. The highest compensated employee at Old Dominion University Real Estate Foundation is Brian O Hemphill with fiscal year 2024 compensation of $962,757.

Revenue, expenses, and employee compensation

Revenue

$14,444,212

Expenses

$3,718,402

Employee compensation

$383,052
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brian O Hemphill
ex officio
$962,757
$0 $891,663 $71,094
Tara F Saunders
Executive Director
$245,058
$0 $202,496 $42,562
Mike Larock
Assistant Treasurer
$241,358
$0 $202,990 $38,368
Cindy R Gall
Assistant Secretary
$92,382
$0 $71,422 $20,960

Benchmark Employee Compensation

Non-Employee Board Members

Brian K Holland
Trustee/Bov Representative (AS of 7/24)
Deborah K Stearns
Trustee
Jared Chalk
Trustee
Jeremy R Starkey
Trustee
Joseph A Lowery
Secretary and Treasurer
Karen Shaffer
Trustee
Kenneth E Rodman Jr
Trustee
Larry R Hill
Trustee/Bov Representative (Thru 6/24)
Lisa F Chandler
Chair
Miles B Leon
Trustee
Nathaniel P Tyler
Trustee
Steven C Wright
Trustee

Contractors

Saunders Crouse Architects LLC
Architect and Eng
$888,331

Mission Statement

THE OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION IS A TAX-EXEMPT, NONPROFIT ORGANIZATION CREATED TO RECEIVE, ADMINISTER AND DISTRIBUTE FUNDS AND PROPERTY EXCLUSIVELY IN FURTHERANCE OF THE EDUCATIONAL ACTIVITIES AND OBJECTIVES OF OLD DOMINION UNIVERSITY.

Revisions to this organization profile

November 10, 2025:
2024 Old Dominion University Real Estate Foundation 990 filed
August 14, 2024:
2023 Old Dominion University Real Estate Foundation 990 filed
September 20, 2023:
2022 Old Dominion University Real Estate Foundation 990 filed

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