2024-09-26T14:14:42-05:00 2023-12-31 560587953 GILLIAM BELL MOSER LLP PO BOX 621 BURLINGTON NC 272160621 990 2023-01-01 464753139 UNION SQUARE CAMPUS INC UNIO 3363759232 2901 EAST GATE CITY BLVD 2400 GREENSBORO NC 27401 JIM WESTMORELAND EXECUTIVE DIRECTOR 3363759232 2024-09-24 1 0 WILLIAM E WILKINSON P00024569 3362276283 2024-07-30 2023 2024-08-08 14:25:15Z PAUL MEYER 2901 EAST GATE CITY BLVD 2400 GREENSBORO NC 27401 2387535 0 X WWW.UNIONSQUARECAMPUS.ORG X 2013 NC TO ASSIST THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO, NORTH CAROLINA A&T STATE UNIVERSITY, GUILFORD TECHNICAL COMMUNITY COLLEGE AND THE CONE HEALTH SYSTEMS IN PROVIDING EDUCATIONAL OPPORTUNITIES, AND TO OVERSEE THE DEVELOPMENT AND EDUCATIONAL PROGRAMMING OF A DOWNTOWN UNIVERSITY CAMPUS IN GREENSBORO, NORTH CAROLINA. 10 10 0 0 0 0 0 0 2080700 2092276 0 295259 0 0 2080700 2387535 0 0 0 0 332077 337554 0 0 0 2389657 2291503 2721734 2629057 -641034 -241522 22077657 21161320 13855485 13292627 8222172 7868693 X TO ASSIST THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO, NORTH CAROLINA A&T STATE UNIVERSITY, GUILFORD TECHNICAL COMMUNITY COLLEGE AND THE CONE HEALTH SYSTEMS IN PROVIDING EDUCATIONAL OPPORTUNITIES, AND TO OVERSEE THE DEVELOPMENT AND EDUCATIONAL PROGRAMMING OF A DOWNTOWN UNIVERSITY CAMPUS IN GREENSBORO, NORTH CAROLINA. 0 0 2424059 2092276 PROVIDING AND MANAGING STATE-OF-THE-ART EDUCATIONAL FACILITIES FOR THE BENEFIT OF, AND BEING USED COLLABORATIVELY BY THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO, NORTH CAROLINA AGRICULTURAL AND TECHNICAL STATE UNIVERSITY, GUILFORD TECHNICAL COMMUNITY COLLEGE AND CONE HEALTH SYSTEMS IN PROVIDING EDUCATIONAL OPPORTUNITIES IN DOWNTOWN GREENSBORO, NORTH CAROLINA. COORDINATING THE DAY-TO-DAY OPERATIONS OF THE VARIOUS EDUCATIONAL OPPORTUNITIES LOCATED IN THE BUILDING INCLUDING SHARED CLASSROOMS, LABS, AN AUDITORIUM, SEMINAR AND MEETING ROOMS, A STUDENT SUPPORT CENTER, OFFICE SPACE, AND A STATE-OF-THE-ART HEALTHCARE SIMULATION LAB. 2424059 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X X PAUL MEYER 3363759232 2901 EAST GATE CITY BLVD SUITE 2400 GREENSBORO NC 27401 X DR HAROLD L MARTIN SR CHAIR/PRESIDENT 0.50 X X 0 0 0 MR TAIWO JAIYEOBA SECRETARY/TREASURER 0.50 X X 0 0 0 MS VI-ANNE ANTRUM DIRECTOR 0.50 X 0 0 0 MR R TIMOTHY RICE VICE CHAIR 0.50 X X 0 0 0 DR FRANKLIN D GILLIAM JR DIRECTOR 0.50 X 0 0 0 DR ANTHONY J CLARKE DIRECTOR 0.50 X 0 0 0 DR CONNIE BOOK DIRECTOR 0.50 X 0 0 0 MR BRENT CHRISTENSEN DIRECTOR 0.50 X 0 0 0 MS SUZANNE WALSH DIRECTOR 0.50 X 0 0 0 MRS SUSAN SCHWARTZ DIRECTOR 0.50 X 0 0 0 MR PAUL MEYER EXECUTIVE DIRECTOR 20.00 X 0 0 0 0 0 0 0 0 0 0 GATEWAY UNIVERSITY RESEARCH PARK 2901 EAST GATE CITY BLVD SUITE 25 GREENSBORO NC 274014904 ADMINISTRATIVE AND PERSONNEL SERVICES 510054 1 RENTAL REVENUE 531120 2092276 2092276 2092276 295259 295259 2387535 2092276 0 295259 337554 337554 31128 31128 10506 9136 1370 201495 201495 104 104 742888 742888 846391 846391 38228 38228 MANAGEMENT FEE 172500 172500 MAINTENANCE & REPAIRS 137981 137981 TELEPHONE & NETWORK 82162 82162 SECURITY & POLICE 28120 28120 2629057 2424059 204998 0 4898184 5018633 350 2150 271616 192918 23044247 7392772 16497875 15651475 409632 296144 22077657 21161320 138694 141795 742958 742958 12973833 12407874 13855485 13292627 X 8222172 7868693 8222172 7868693 22077657 21161320 X -241522 -111957 X 0 1 X 1 0 X 200700 227460 246192 674352 200700 227460 246192 674352 674352 10352 15963 295259 321574 7180 7180 1003106 10398251 0.67230 0.88350 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FACILITY RENTAL FEE - 2019 AMOUNT: $ 7,180. 451007 451007 18485764 3415499 15070265 4107476 3977273 130203 15651475 2633727 246192 246192 2387535 0 2387535 2987201 246192 111958 358150 2629051 6 6 2629057 PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FMV OF INTEREST RATE SWAP 111,958. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 6. FORM 990, PART VI, SECTION A, LINE 2 HAROLD L. MARTIN, SR. AND FRANKLIN GILLIAM, JR. SERVE ON THE BOARD OF DIRECTORS OF UNION SQUARE CAMPUS AND ALSO ON THE BOARD OF DIRECTORS OF GATEWAY RESEARCH PARK, THE 501(C)(3) NONPROFIT, WHICH PROVIDES FACILITIES AND MANAGEMENT SERVICES FOR UNION SQUARE CAMPUS. THE BOARD OF DIRECTORS OF GATEWAY RESEARCH PARK ONLY APPROVE THE CONTRACTUAL AGREEMENTS WITH UNION SQUARE CAMPUS, AND ARE NOT INVOLVED IN THE DAY-TO-DAY MANAGEMENT DECISIONS AT UNION SQUARE CAMPUS. HAROLD L. MARTIN, SR. AND FRANKLIN GILLIAM, JR., RECUSE THEMSELVES FROM ANY CONFLICTING BOARD DECISIONS. FORM 990, PART VI, SECTION A, LINE 3 AS PART OF AN AGREEMENT WITH GATEWAY RESEARCH PARK, INC., UNION SQUARE PAYS A MONTHLY MANAGEMENT FEE TO GATEWAY TO PROVIDE ACCOUNTING AND BOOKKEEPING SERVICES. AS PART OF THE SAME AGREEMENT WITH GATEWAY EFFECTIVE AUGUST 1, 2016, UNION SQUARE PAYS A MONTHLY MANAGEMENT FEE TO GATEWAY TO PROVIDE ACCOUNTING AND ADMINISTRATIVE STAFFING SERVICES. THIS AGREEMENT WAS RENEWED IN JULY 2021. MANAGEMENT FEE EXPENSE WAS $172,500 AND $183,750 FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, RESPECTIVELY. UNION SQUARE PAID SALARY AND BENEFITS EXPENSE TO GATEWAY OF $337,554 AND $332,077 FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, RESPECTIVELY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS PRESENTED TO UNION SQUARE CAMPUS, INC.'S BOARD OF DIRECTORS FOR REVIEW AND COMMENTS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE REQUIRED TO REVIEW THE POLICY EACH CALENDAR YEAR. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE FOR REVIEW THROUGH GUIDESTAR AND THROUGH THE NC CHARITABLE SOLICITATION LICENSING DIVISION OF THE NORTH CAROLINA DEPARTMENT OF THE SECRETARY OF STATE. FORM 990, PART XI, LINE 9: CHANGE IN FMV OF INTEREST RATE SWAP -111,957.