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Auburn University Real Estate Foundation Inc

  • Auburn, AL
  • Tax-exempt since Oct. 2006
  • EIN: 56-2535892

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Management & Technical Assistance (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$4.36M (2023)

Expenses
$1.42M (2023)

Total Assets
$21.6M (2023)

Total Liabilities
$1.52M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,361,188
Expenses
$1,423,467
Net Income
$2,937,721
Net Assets
$20,129,056
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,285,975
98.3%
Program Services $0
Investment Income $86,051
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income -$663
Net Fundraising $0
Sales of Assets -$72,935
Net Inventory Sales $0
Other Revenue $62,760
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $114,127
8.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $21,647,679
Total Liabilities $1,518,623
Net Assets $20,129,056
Compensation
Key Employees and Officers Compensation Related Other
John Morris (President Through Aug 1, 2023) $381,318 $62,591 $45,304
Rob Wellbaum (President) $224,833 $72,369 $49,281
Erin Lewis (Chief Operations Officer) $218,895 $64,098 $38,684
Angie Stephens (Vice President) $197,122 $26,880 $40,571
Timothy Jones (Information Security Officer) $93,995 $18,749 $26,657
William B Hughes (Chief Financial Officer) $54,238 $77,727 $27,693
Laurel Hendrix (Assistant Secretary) $34,138 $43,803 $15,950
Carolyn Burroughs (Assistant Treasurer) $29,057 $35,443 $18,437
Wanda Sperow (Secretary) $8,813 $82,511 $22,564
Steve Cates (Chair) $0 $0 $0
Patrick Henry (Vice Chair And Treasurer) $0 $0 $0
Benny Larussa (Director) $0 $0 $0
David Welch (Director) $0 $0 $0
Greg Winchester (Director) $0 $0 $0
John Thomas (Director) $0 $0 $0
Randy Campbell (Director Through Dec 31, 2022) $0 $0 $0
Steven R Spencer (Director Through Dec 31, 2022) $0 $0 $0
+ View more people

Document Links

990
Filed on May 7, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,156,040
Expenses
$339,289
Net Income
$9,816,751
Net Assets
$18,269,101
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,224,935
> 100%
Program Services $0
Investment Income $11,036
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income -$3,112
Net Fundraising $0
Sales of Assets -$76,819
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $33,358
9.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,953,551
Total Liabilities $1,684,450
Net Assets $18,269,101
Compensation
Key Employees and Officers Compensation Related Other
John Morris (President) $303,222 $96,017 $50,280
Angie Stephens (Vice President) $174,063 $52,140 $40,655
William B Hughes (Assistant Treasurer) $42,812 $72,896 $25,827
Wanda Sperow (Secretary) $8,526 $79,830 $22,056
Steve Cates (Chair) $0 $0 $0
Patrick Henry (Vice Chair) $0 $0 $0
Steven R Spencer (Director) $0 $0 $0
Greg Winchester (Director) $0 $0 $0
Randy Campbell (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 5, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,197,642
Expenses
$1,285,995
Net Income
$2,911,647
Net Assets
$8,255,528
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,189,354
99.8%
Program Services $0
Investment Income $10,564
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,276
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $22,798
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,739,836
Total Liabilities $1,484,308
Net Assets $8,255,528
Compensation
Key Employees and Officers Compensation Related Other
Angie Stephens (Vice President) $175,124 $52,458 $40,513
William B Hughes (Assistant Treasurer) $37,445 $63,757 $24,090
Wanda Sperow (Secretary) $8,614 $80,650 $22,020
Walter S Woltosz (Chair) $0 $0 $0
Steve Cates (Vice Chair & Treasurer) $0 $0 $0
Steven R Spencer (Director) $0 $0 $0
Patrick Henry (Director) $0 $0 $0
Randy Campbell (Director) $0 $0 $0
Chris Roberts Thru 030721 (Former Interim President) $0 $0 $0
Jonn Morris As Of 030821 (President) $0 $0 $0
+ View more people

Document Links

990
Filed on May 9, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$484,275
Expenses
$1,238,649
Net Income
-$754,374
Net Assets
$5,247,183
Notable Sources of Revenue Percent of Total Revenue
Contributions $517,000
> 100%
Program Services $0
Investment Income $21,946
4.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$56,767
Net Inventory Sales $0
Other Revenue $2,096
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,805,640
Total Liabilities $1,558,457
Net Assets $5,247,183
Compensation
Key Employees and Officers Compensation Related Other
Steven R Spencer (Chair) $0 $0 $0
Walter S Woltosz (Vice Chair & Treasurer) $0 $0 $0
Steve Cates (Director) $0 $0 $0
Ron Dykes (Director) $0 $0 $0
Jim Hoskins (Director) $0 $0 $0
Dottie Blair (Director) $0 $0 $0
Jane Difolco Parker (Former President) $0 $0 $0
Christopher B Roberts (Interim President) $0 $0 $0
Angie Stephens (Vice President) $0 $0 $0
Wanda Sperow (Secretary) $0 $0 $0
Mark R Thomson (Former Assistant Treasurer) $0 $0 $0
William B Hughes (Assistant Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on May 3, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$130,327
Expenses
$444,402
Net Income
-$314,075
Net Assets
$5,799,758
Notable Sources of Revenue Percent of Total Revenue
Contributions $130,000
99.7%
Program Services $0
Investment Income $25,430
19.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$51,736
Net Inventory Sales $0
Other Revenue $26,633
20.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,578,905
Total Liabilities $1,779,147
Net Assets $5,799,758
Compensation
Key Employees and Officers Compensation Related Other
Steven R Spencer (Chair) $0 $0 $0
Walter S Woltosz (Vice Chair & Treasurer) $0 $0 $0
Steve Cates (Director) $0 $0 $0
Ron Dykes (Director) $0 $0 $0
Jim Hoskins (Director) $0 $0 $0
Jane Difolco Parker (President) $0 $0 $0
Angie Stephens (Vice President) $0 $0 $0
Wanda Sperow (Secretary) $0 $0 $0
Mark R Thomson (Assistant Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on June 30, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,431,548
Expenses
$822,606
Net Income
$3,608,942
Net Assets
$6,006,000
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,292,765
74.3%
Program Services $0
Investment Income $12,368
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$59,106
Net Inventory Sales $0
Other Revenue $1,185,521
26.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,894,488
Total Liabilities $1,888,488
Net Assets $6,006,000
Compensation
Key Employees and Officers Compensation Related Other
Melissa Herkt (Director) $0 $0 $0
Steven R Spencer (Chair) $0 $0 $0
Walter S Woltosz (Vice Chair & Treasurer) $0 $0 $0
Jim Hoskins (Director) $0 $0 $0
Gerald Smith (Director) $0 $0 $0
Angie Stephens (Vice President) $0 $0 $0
Jane Difolco Parker (President) $0 $0 $0
Mark R Thomson (Assistant Treasurer) $0 $0 $0
Robin Stirling (Assistant Secretary) $0 $0 $0
Wanda Sperow (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on March 23, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$715,674
Expenses
$1,297,550
Net Income
-$581,876
Net Assets
$2,178,027
Notable Sources of Revenue Percent of Total Revenue
Contributions $710,000
99.2%
Program Services $0
Investment Income $2,960
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$58,536
Net Inventory Sales $0
Other Revenue $61,250
8.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,939,018
Total Liabilities $760,991
Net Assets $2,178,027
Compensation
Key Employees and Officers Compensation Related Other
Edward N Milton (Chair) $0 $0 $0
Melissa Herkt (Director) $0 $0 $0
Steven R Spencer (Vice Chair & Treasurer) $0 $0 $0
Walter S Woltosz (Director) $0 $0 $0
Jim Hoskins (Director) $0 $0 $0
Angie Stephens (Vice President) $0 $0 $0
Jane Di Folco Parker (President) $0 $0 $0
Mark R Thomson (Assistant Treasurer) $0 $0 $0
Robin Stirling (Assistant Secretary) $0 $0 $0
Wanda Sperow (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on April 2, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,721,211
Expenses
$3,673,609
Net Income
$47,602
Net Assets
$2,728,501
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,758,995
> 100%
Program Services $0
Investment Income $1,292
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$40,187
Net Inventory Sales $0
Other Revenue $1,111
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,231,517
Total Liabilities $503,016
Net Assets $2,728,501
Compensation
Key Employees and Officers Compensation Related Other
Dottie Kenady Blair (Vice Chair & Treasurer) $0 $0 $0
Edward N Milton (Chair) $0 $0 $0
John A Jernigan (Director) $0 $0 $0
Steven R Spencer (Director) $0 $0 $0
Walter S Woltosz (Director) $0 $0 $0
Angie Stephens (Vice President) $0 $0 $0
Jane Di Folco Parker (President) $0 $0 $0
Mark R Thomson (Assistant Treasurer) $0 $0 $0
Robin Stirling (Assistant Secretary) $0 $0 $0
Wanda Sperow (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on April 14, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,128,576
Expenses
$1,864,438
Net Income
-$735,862
Net Assets
$2,796,715
Notable Sources of Revenue Percent of Total Revenue
Contributions $855,150
75.8%
Program Services $0
Investment Income $158
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,859
0.5%
Net Fundraising $0
Sales of Assets -$28
Net Inventory Sales $0
Other Revenue $267,437
23.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,836,842
Total Liabilities $40,127
Net Assets $2,796,715
Compensation
Key Employees and Officers Compensation Related Other
Benny M Larussa Jr (Director, Vice Chair) $0 $0 $0
Dottie Kenady Blair (Director, Treasurer) $0 $0 $0
Faye S Baggiano (Director, Chair) $0 $0 $0
Edward N Milton (Director) $0 $0 $0
Walter S Woltosz (Director) $0 $0 $0
Angie Stephens (Vice President) $0 $0 $0
Wanda Sperow (Secretary) $0 $0 $0
Jane Difolco Parker (President) $0 $0 $0
Mark R Thomson (Assistant Treasurer) $0 $0 $0
Regena B Isbell (Assistant Treasurer) $0 $0 $0
Robin Stirling (Assistant Secretary) $0 $0 $0
Nancy J Davis (Advisor) $0 $0 $0
+ View more people

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990
Filed on April 18, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$364,215
Expenses
$145,480
Net Income
$218,735
Net Assets
$3,562,637
Notable Sources of Revenue Percent of Total Revenue
Contributions $485,222
> 100%
Program Services $0
Investment Income $14
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$126,771
Net Inventory Sales $0
Other Revenue $5,750
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,772,908
Total Liabilities $210,271
Net Assets $3,562,637
Compensation
Key Employees and Officers Compensation Related Other
Faye S Baggiano (Director, Chair) $0 $0 $0
Dottie Kenady Blair (Director, Treasurer) $0 $0 $0
William J Cox (Director, Vice Chair (Outgoing)) $0 $0 $0
Nancy J Davis (Director, Vice President & Treasurer (Outgoing)) $0 $0 $0
James M Hoskins (Director) $0 $0 $0
Benny M Larussa Jr (Director, Vice Chair) $0 $0 $0
Edward N Milton (Director) $0 $0 $0
Jane Difolco Parker (President) $0 $0 $0
Karen N Mccauley (Vice President) $0 $0 $0
Syvia Y Huggins (Assistant Treasurer) $0 $0 $0
Regina B Isbell (Assistant Treasurer) $0 $0 $0
Mark R Thomson (Assistant Treasurer) $0 $0 $0
Wanda Sperow (Secretary) $0 $0 $0
Anna Hovey (Assistant Secretary) $0 $0 $0
+ View more people

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990
Filed on April 3, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,763,178
Expenses
$349,581
Net Income
$1,413,597
Net Assets
$3,343,048
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,787,388
> 100%
Program Services $0
Investment Income $42
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$24,277
Net Inventory Sales $0
Other Revenue $25
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,386,056
Total Liabilities $43,008
Net Assets $3,343,048

Document Links

990
Filed on June 18, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$462,823
Expenses
$587,842
Net Income
-$125,019
Net Assets
$1,940,137
Notable Sources of Revenue Percent of Total Revenue
Contributions $469,000
> 100%
Program Services $0
Investment Income $177
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income -$5,027
Net Fundraising $0
Sales of Assets -$1,327
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,964,540
Total Liabilities $24,403
Net Assets $1,940,137

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,025,956
Expenses
$1,002,546
Net Income
$23,410
Net Assets
$2,100,169
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,087,935
> 100%
Program Services $0
Investment Income $41
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income -$1,093
Net Fundraising $0
Sales of Assets -$60,927
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,169,101
Total Liabilities $68,932
Net Assets $2,100,169

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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