Academic Properties Inc

Housing & shelter organization based in Philadelphia, PA.0 Exempt under §501(c)(3).

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

Financial snapshot · TY 2023

$8.4M
Total revenue
$5.8M
Total expenses
$34.6M
Net assets

Financial health · TY 2023

93
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
69.3 months of expenses
Program efficiency
100
99.8% spent on programs
Revenue diversity
67
Mix of program fees, grants & contributions

Leadership compensation

Carmen Piccolo
VICE PRESIDENT
$193,252
79th percentile vs. peers

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Academic Properties Inc Executive Compensation | 990 Data | DoubleNine