Form 990 for tax year 2024
Filed by THE NORTH CAROLINA A&T REAL ESTATE FOUNDATION INC.
Totals
- Total revenue
- $25,696,950
- Total expenses
- $26,192,583
- Contributions and grants received
- $20,122
- Grants paid
- $0
- Program service revenue
- $25,676,828
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $178,426,730
- Total liabilities, end of year
- $154,486,647
- Net assets or fund balances, end of year
- $23,940,083
- Program services expenses (Part IX)
- $19,644,437
- Management and general expenses
- $6,548,146
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $19,644,437
Program services were 75.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Harold Martin Sr
Chancellor
- Total calculated
- $431,958
- From this org
- $347,384
- From related orgs
- $0
- Other
- $84,574
- Hours/week
- 0.05 + 45 related
Schedule J breakdown matched by us
- Base
- $347,384
- Bonus
- not reported
- Other
- not reported
- Deferred
- $84,574
- Nontaxable benefits
- not reported
- Filer's total
- $431,958
-
Kimberly A Cameron
Excecutive Director
- Total calculated
- $217,371
- From this org
- $174,805
- From related orgs
- $0
- Other
- $42,566
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $174,805
- Bonus
- not reported
- Other
- not reported
- Deferred
- $42,566
- Nontaxable benefits
- not reported
- Filer's total
- $217,371
-
James R Martin II
Chancellor
- Total calculated
- $214,423
- From this org
- $191,950
- From related orgs
- $0
- Other
- $22,473
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $191,950
- Bonus
- not reported
- Other
- not reported
- Deferred
- $22,473
- Nontaxable benefits
- not reported
- Filer's total
- $214,423
-
Sheena J Jerman
Director of Real Estate
- Total calculated
- $167,009
- From this org
- $134,858
- From related orgs
- $0
- Other
- $32,151
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $134,858
- Bonus
- not reported
- Other
- not reported
- Deferred
- $32,151
- Nontaxable benefits
- not reported
- Filer's total
- $167,009
-
Jacqueline D Stringfellow
Director of Accounting
- Total calculated
- $140,647
- From this org
- $112,469
- From related orgs
- $0
- Other
- $28,178
- Hours/week
- 45
-
Adrienne Bain
Chair
- Total calculated
- $0
- Hours/week
- 0.5
-
Darrell Perry
Vice Chair
- Total calculated
- $0
- Hours/week
- 0.5
-
Jennifer Duru-Perry
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
Daniel Lim
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5
-
Nakira A Carter
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Harold Cogdell
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
James Cox
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Niketa Greene
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Thomas E Powers III
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Walker Sanders
Director
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501c3 · Provide support for NC AT Athletics · NC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
The NC A&T University Foundation LLC
Manage student housing for use by the University · NC
Directly controlled by The North Carolina A&T Real Estate Foundation Inc
-
The NC A&T Real Estate Foundation LLC
Acquire, maintain, and manage student housing · NC
Directly controlled by The North Carolina A&T Real Estate Foundation Inc
-
The NC A&T Investment Foundation Inc
Sole purpose of providing investment management · NC
Directly controlled by The North Carolina A&T Real Estate Foundation Inc
-
Aggie Apartment Life Holding Corporation LLC
Acquire, maintain, and manage student apartment housing facilities · NC
Directly controlled by The North Carolina A&T Real Estate Foundation Inc
-
Bulldog Real Estate Holdings of East Greensboro LLC
Hold and manage all assets associated with the Resurgen - Mixed Use New Market Tax Credit Project an · NC
Directly controlled by The North Carolina A&T Real Estate Foundation Inc
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 May 2026
- IRS schema version
- 2024v5.2
- Source object
- 202601349349305775
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