THE MISSION OF APPALACHIAN REAL ESTATE HOLDINGS, INC. IS TO FURTHER THE EDUCATIONAL PURPOSES OF APPALACHIAN STATE UNIVERSITY ("THE UNIVERSITY") OR THE CHARITABLE PURPOSES OF THE APPALACHIAN STATE UNIVERSITY FOUNDATION, INC.; TO ACQUIRE (CONTINUED ON SCHEDULE O) (CONTINUED FROM PAGE 2)(BY PURCHASE,GIFT, DEVISE, OR OTHERWISE), OWN, DEVELOP, LEASE, MANAGE, OPERATE AND SELL, AND OTHERWISE TO EXERCISE ANY AND ALL RIGHTS OF OWNERSHIP WITH RESPECT TO, REAL ESTATE AND INTERESTS IN REAL ESTATE FOR THE BENEFIT OF THE UNIVERSITY (OR ANY OF THE UNIVERSITY'S AFFILIATED ORGANIZATIONS), AND TO CONDUCT SUCH ACTIVITIES DIRECTLY OR INDIRECTLY THROUGH SUBSIDIARIES; AND TO DO ANY AND ALL ACTS AND THINGS THAT ARE CONSISTENT WITH THE PURPOSES STATED ABOVE AND THAT MAY BE DEEMED DESIRABLE OR EXPEDIENT FOR THE BENEFIT OF THE UNIVERSITY, ITS PROGRAMS AND ITS FACULTY, STAFF AND STUDENTS.
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2020 990 - Public charity return Jul 1, 2020 to Dec 31, 2020 | $4,128 ↓ | $506,929 | $0 |
| 2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020 | $14,751 ↑ | $8,846 | $502,801 |
| 2018 990 - Public charity return Jul 1, 2018 to Jun 30, 2019 | $6,464 | $8,575 | $496,896 |
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