NonprofitsAuburn University Real Estate Foundation Inc

Education

Auburn University Real Estate Foundation Inc

AUBURN, AL

Total revenue

$342K

Total expenses

$2.7M

Net assets

$17.9M

Grants received

$8.0M

7 grants

EIN

562535892

Tax year

2023

Mission

The organization operates for the exclusive benefit and advancing the mission of auburn university, an educational, land-grant institution which is tax exempt under irc section 115 and auburn university foundation, a nonprofit corporation which was organized for the support of auburn university.

Programs

1 program

Expenses incurred to manage and maintain real property in accordance with the mission of the organization.

Expenses: $90K

Financials

FY 2023

Revenue

Contributions & grants$337K
Program service revenue
Investment income
Other revenue$10K
Total revenue$342K

Expenses

Grants paid$2.4M
Salaries & benefits$109K
Fundraising$23K
Other expenses$214K
Total expenses$2.7M
Total assets$19.3M
Net assets$17.9M

People

18 listed

NameRoleCompensation

ROB WELLBAUM

PRESIDENT

Board

$294K

2 hrs/wk

ERIN LEWIS

CHIEF OPERATIONS OFFICER

Board

$253K

3.5 hrs/wk

ANGIE STEPHENS

VICE PRESIDENT (RETIRED 12/1/2023)

Board

$204K

7.5 hrs/wk

TIMOTHY JONES

ISO (VACATED 5/1/2024)

Board

$115K

0.5 hrs/wk

CAROLYN BURROUGHS

ASSISTANT TREASURER

Board

$80K

4 hrs/wk

WILLIAM B HUGHES

CHIEF FINANCIAL OFFICER

Board

$74K

3.5 hrs/wk

LAUREL HENDRIX

ASSISTANT SECRETARY

Board

$41K

1.5 hrs/wk

WANDA SPEROW

SECRETARY

Board

$9K

1 hrs/wk

STEVE CATES

CHAIR

Board

0.5 hrs/wk

DAVID WELCH

DIRECTOR

Board

0.5 hrs/wk

GREG WINCHESTER

DIRECTOR

Board

0.5 hrs/wk

JOHN THOMAS

DIRECTOR

Board

0.5 hrs/wk

BEAU BYRD

DIRECTOR

Board

0.5 hrs/wk

PATRICK HENRY

VICE CHAIR AND TREASURER

Board

0.5 hrs/wk

BENNY LARUSSA

DIRECTOR (RESIGNED 7/15/2024)

Board

0.5 hrs/wk

JOHN MORRIS

PRESIDENT (RESIGNED 8/1/2023)

Staff

$241K

0

CHARLES SALIBA

TECHNOLOGY ARCHITECH

Staff

$95K

0.5 hrs/wk

LEE SHEPPARD

ASST. DIR OF FINANCE

Staff

$50K

3.5 hrs/wk

Independent contractors

GARY INGRAM GRADING & PAVING

GRADING

$223K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$217K
CAPITAL SUPPORT
2023
$460K
CAPITAL SUPPORT
2022
$6.8M
CAPITAL SUPPORT
2021
$150K
CAPITAL SUPPORT
2020
$132K
CAPITAL SUPPORT
2019
$130K
CAPITAL SUPPORT
2018
$110K
CAPITAL SUPPORT
2017

Funded by

$8.0M from 1 funder · 7 grants · 2017–2023

Auburn University Foundation

$8.0M · 7 grants · 2017–2023

Details

EIN562535892
NTEE codeB02
Subsection03
Ruling date2006-10
Formed2005
Employees18
Volunteers1607
AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo