Form 990 for tax year 2024
Filed by UNIVERSITY OF NORTH GEORGIA REAL ESTATE FOUNDATION INC.
Totals
- Total revenue
- $8,203,983
- Total expenses
- $8,042,747
- Contributions and grants received
- $0
- Grants paid
- $1,994,143
- Program services expenses (Part IX)
- $8,001,043
- Management and general expenses
- $41,704
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $8,001,043
Program services were 99.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Bob Mathews
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Gary Osley
Vice Chairman
- Total calculated
- $0
- Hours/week
- 0.5
-
James A Faulkner
Treasurer/Secretary
- Total calculated
- $0
- Hours/week
- 1 + 4 related
-
Beth Baldwin
Trustee
- Total calculated
- $0
- Hours/week
- 0.5 + 4 related
-
Dan O'Leary
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Jack Elrod
Trustee
- Total calculated
- $0
- Hours/week
- 0.5 + 4 related
-
James Shore
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Jason Matt
Trustee
- Total calculated
- $0
- Hours/week
- 0.5 + 40 related
-
Jeff Tarnowski
Trustee
- Total calculated
- $274,368
- From this org
- $0
- From related orgs
- $186,930
- Other
- $87,438
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $186,930 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $87,438 related
- Filer's total
- $0 + $274,368 related
-
Jonathan Collins
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Mary Helen McGruder
Trustee
- Total calculated
- $0
- Hours/week
- 0.5 + 4 related
-
Mike Shannon
Trustee
- Total calculated
- $449,338
- From this org
- $0
- From related orgs
- $359,115
- Other
- $90,223
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $317,915 related
- Bonus
- $0
- Other
- $0 + $41,200 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $90,223 related
- Filer's total
- $0 + $449,338 related
-
Nick Massengill
Trustee
- Total calculated
- $0
- Hours/week
- 0.5 + 4 related
-
Derek Leonard
Administrative Officer
- Total calculated
- $210,736
- From this org
- $0
- From related orgs
- $134,045
- Other
- $76,691
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $0 + $134,045 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $76,691 related
- Filer's total
- $0 + $210,736 related
-
Frank McConnell
Advisor
- Total calculated
- $118,798
- From this org
- $0
- From related orgs
- $118,706
- Other
- $92
- Hours/week
- 19
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 — 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
None.
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
-
$2,000
Contribution to facility projects at the University of North Georgia
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.
-
115 · Higher Education · GA
Directly controlled by State of Georgia
-
University of North Georgia Foundation - Dahlonega Inc
501(c)(3) · Support University of North Georgia · GA
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 November 2025
- IRS schema version
- 2024v5.1
- Source object
- 202503099349303385
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