Nonprofit · EIN 56-2535892
AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC
Tax-exempt · AUBURN, AL 36831
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,713,685 | $580,278 | $1,133,407 | $22,979,712 | $3,721,871 | $19,257,841 |
| September 30, 2024 | 990 | $341,851 | $2,681,401 | -$2,339,550 | $19,330,335 | $1,425,206 | $17,905,129 |
| September 30, 2023 | 990 | $4,361,188 | $1,423,467 | $2,937,721 | $21,647,679 | $1,518,623 | $20,129,056 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $1,555,771
- Program service revenue
- $0
- Investment income
- $156,129
- Net rental income
- $1,740
- Other revenue
- $1,785
Expenses
- Grants and similar amounts paid
- $91,225
- Compensation of officers, directors and key employees
- $160,552
- Salaries, compensation and benefits (total)
- $160,552
- Professional fundraising fees
- $0
- Legal fees
- $143,040
- Accounting fees
- $11,060
- Depreciation
- $14,021
- Program services (functional)
- $316,198
- Management and general (functional)
- $259,868
- Fundraising (functional)
- $4,212
Balance sheet and other
- Total assets, start of year
- $19,330,335
- Total assets, end of year
- $22,979,712
- Total liabilities, end of year
- $3,721,871
- Net assets, end of year
- $19,257,841
- Land, buildings and equipment
- $266,644
- Net assets without donor restrictions
- $5,884,148
- Net assets with donor restrictions
- $13,373,693
- Gross receipts
- $1,722,329
- Employees
- 19
- Volunteers
- 969
- Year formed
- 2005
- State of legal domicile
- AL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROB WELLBAUM | PRESIDENT Officer | 2 | $309,862 | $103,287 | $61,791 |
| ERIN LEWIS | CHIEF OPERATIONS OFFICER Officer | 4 | $225,466 | $75,155 | $53,032 |
| MARGARET ARNOLD | ASSOCIATE VICE PRESIDENT Highest-paid employee | 0.75 | $198,476 | $35,025 | $45,515 |
| WILLIAM B HUGHES | CHIEF FINANCIAL OFFICER Officer | 4 | $100,299 | $100,299 | $39,809 |
| LEE SHEPPARD | DIRECTOR OF FINANCE Highest-paid employee | 3.25 | $55,129 | $67,379 | $25,871 |
| WANDA SPEROW | SECRETARY Officer | 2 | $10,482 | $94,342 | $20,348 |
| CAROLYN BURROUGHS | ASSISTANT TREASURER(VACATED 6/30/25) Officer | 6 | $92,148 | $5,882 | $26,482 |
| JESSICA THOMPSON | ASSOCIATE DIRECTOR OF FINANCE Highest-paid employee | 3.25 | $46,347 | $56,646 | $14,225 |
| LAUREL HENDRIX | ASSISTANT SECRETARY Officer | 2 | $42,454 | $42,454 | $17,408 |
| MERIDITH COLLARI | INFORMATION SECURITY OFFICER Officer | 0.5 | $13,022 | $2,298 | $1,943 |
| PATRICK HENRY | CHAIR Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| GREG WINCHESTER | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JOHN THOMAS | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| TEE GREEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DAVID WELCH | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEAU BYRD | DIRECTOR Trustee or director | 0.25 | $0 |
| LACEY LEWIS | DIRECTOR Trustee or director | 0.25 | $0 |
990 for the year ended September 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROB WELLBAUM | PRESIDENT Officer | 2 | $293,808 | $51,848 | $57,141 |
| ERIN LEWIS | CHIEF OPERATIONS OFFICER Officer | 3.5 | $253,288 | $28,143 | $44,871 |
| JOHN MORRIS | PRESIDENT (RESIGNED 8/1/2023) Former | 0 | $241,247 | $39,599 | $23,092 |
| ANGIE STEPHENS | VICE PRESIDENT (RETIRED 12/1/2023) Officer | 7.5 | $204,063 | $28,620 | $40,681 |
| WILLIAM B HUGHES | CHIEF FINANCIAL OFFICER Officer | 3.5 | $74,361 | $107,008 | $35,517 |
| TIMOTHY JONES | ISO (VACATED 5/1/2024) Officer | 0.5 | $115,072 | $17,195 | $31,303 |
| LEE SHEPPARD | ASST. DIR OF FINANCE Highest-paid employee | 3.5 | $49,927 | $61,021 | $23,217 |
| CHARLES SALIBA | TECHNOLOGY ARCHITECH Highest-paid employee | 0.5 | $94,978 | $12,952 | $15,232 |
| WANDA SPEROW | SECRETARY Officer | 1 | $9,448 | $85,028 | $25,373 |
| CAROLYN BURROUGHS | ASSISTANT TREASURER Officer | 4 | $80,313 | $5,126 | $23,438 |
| LAUREL HENDRIX | ASSISTANT SECRETARY Officer | 1.5 | $40,909 | $40,909 | $16,350 |
| STEVE CATES | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| PATRICK HENRY | VICE CHAIR AND TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| BEAU BYRD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BENNY LARUSSA | DIRECTOR (RESIGNED 7/15/2024) Trustee or director | 0.5 | $0 | $0 | $0 |
| DAVID WELCH | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GREG WINCHESTER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOHN THOMAS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOHN MORRIS | PRESIDENT THROUGH AUG 1, 2023 Officer | 1 | $381,318 | $62,591 | $45,304 |
| ROB WELLBAUM | PRESIDENT Officer | 0 | $224,833 | $72,369 | $49,281 |
| ERIN LEWIS | CHIEF OPERATIONS OFFICER Officer | 0 | $218,895 | $64,098 | $38,684 |
| ANGIE STEPHENS | VICE PRESIDENT Officer | 8 | $197,122 | $26,880 | $40,571 |
| WILLIAM B HUGHES | CHIEF FINANCIAL OFFICER Officer | 4 | $54,238 | $77,727 | $27,693 |
| TIMOTHY JONES | INFORMATION SECURITY OFFICER Officer | 0.5 | $93,995 | $18,749 | $26,657 |
| WANDA SPEROW | SECRETARY Officer | 1 | $8,813 | $82,511 | $22,564 |
| LAUREL HENDRIX | ASSISTANT SECRETARY Officer | 1.5 | $34,138 | $43,803 | $15,950 |
| CAROLYN BURROUGHS | ASSISTANT TREASURER Officer | 4 | $29,057 | $35,443 | $18,437 |
| STEVE CATES | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| PATRICK HENRY | VICE CHAIR AND TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| BENNY LARUSSA | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DAVID WELCH | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GREG WINCHESTER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOHN THOMAS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| RANDY CAMPBELL | DIRECTOR THROUGH DEC 31, 2022 Trustee or director | 0.5 | $0 | $0 | $0 |
| STEVEN R SPENCER | DIRECTOR THROUGH DEC 31, 2022 Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3140, AUBURN, AL 36831-3140
- In care of
- % PRESIDENT
- Principal officer (990 for 2024)
- ROB WELLBAUM, PO BOX 3140, AUBURN, AL 36831
- Signed the 990
- ROB WELLBAUM, PRESIDENT
- Phone
- (334) 844-7048
- Website
- AUBURNGIVING.ORG
- Return prepared by
- WARREN AVERETT LLC
Mission
THE ORGANIZATION OPERATES FOR THE EXCLUSIVE BENEFIT OF AUBURN UNIVERSITY FOUNDATION, A NONPROFIT CORPORATION WHICH WAS ORGANIZED FOR THE SUPPORT OF AUBURN UNIVERSITY, AN EDUCATIONAL, LAND-GRANT INSTITUTION.
Program accomplishments
- ADMINISTRATION AND SALE OF REAL PROPERTY AND SUBSEQUENT TRANSFER OF NET PROCEEDS TO AUBURN UNIVERSITY FOUNDATION FOR USE BY THE DEAN OF THE COLLEGE OF AGRICULTURE.Expenses $91,225 · grants $91,225 · revenue $45
- EXPENSES INCURRED TO MANAGE AND MAINTAIN REAL PROPERTY IN ACCORDANCE WITH THE MISSION OF THE ORGANIZATION.Expenses $224,973
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 56-2535892
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B02)
- Assets (IRS master file)
- $22,979,712
- Income (IRS master file)
- $1,722,329
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,713,685 | $580,278 | $22,979,712 | IRS |
| 990 | September 2024 | $341,851 | $2,681,401 | $19,330,335 | XML |
| 990 | September 2023 | $4,361,188 | $1,423,467 | $21,647,679 | XML |
| 990 | September 2022 | $10,156,040 | $339,289 | $19,953,551 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2535892).
Questions about AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC
- What is the EIN of AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC?
- The employer identification number (EIN) of AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC is 56-2535892.
- Is AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC?
- The 990 for the year ended September 30, 2025 names ROB WELLBAUM.
- Who are the officers and directors of AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC?
- The 990 for the year ended September 30, 2025 lists 17 people; 10 received compensation from the organization, the highest $309,862 (ROB WELLBAUM, PRESIDENT).
- How much revenue does AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,713,685, expenses of $580,278 and total assets of $22,979,712 at year end.
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