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AUBURN UNIVERSITY REAL ESTATE FOUNDATION INC

EIN 56-2535892 AUBURN, AL

Browse the largest nonprofits in Alabama

Revenue 2023
$341,851
Expenses 2023
$2,681,401

Program services were 91.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B02
Classification
1000
Street
PO BOX 3140

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

2 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2023

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.

Activities or mission (Part I)

THE ORGANIZATION OPERATES FOR THE EXCLUSIVE BENEFIT AND ADVANCING THE MISSION OF AUBURN UNIVERSITY, AN EDUCATIONAL, LAND-GRANT INSTITUTION WHICH IS TAX EXEMPT UNDER IRC SECTION 115 AND AUBURN UNIVERSITY FOUNDATION, A NONPROFIT CORPORATION WHICH WAS ORGANIZED FOR THE SUPPORT OF AUBURN UNIVERSITY.

  • 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 $2,358,430 · Grants $2,358,430

  • EXPENSES INCURRED TO MANAGE AND MAINTAIN REAL PROPERTY IN ACCORDANCE WITH THE MISSION OF THE ORGANIZATION.

    Expenses $89,921

As filed on the 2023 return.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Steve Cates

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 2 related
  • Patrick Henry

    VICE CHAIR AND TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related
  • Beau Byrd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related
  • Benny Larussa

    DIRECTOR (RESIGNED 7/15/2024)

    Total calculated
    $0
    Hours/week
    0.5
  • David Welch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Greg Winchester

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related
  • John Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Rob Wellbaum

    PRESIDENT

    Total calculated
    $402,797
    From this org
    $293,808
    From related orgs
    $51,848
    Other
    $57,141
    Hours/week
    2 + 6 related

    Schedule J breakdown matched by us

    Base
    $293,808 + $51,848 related
    Bonus
    $0
    Other
    $0
    Deferred
    $38,494 + $6,793 related
    Nontaxable benefits
    $10,267 + $1,812 related
    Filer's total
    $342,569 + $60,453 related
  • Angie Stephens

    VICE PRESIDENT (RETIRED 12/1/2023)

    Total calculated
    $273,364
    From this org
    $204,063
    From related orgs
    $28,620
    Other
    $40,681
    Hours/week
    7.5 + 5 related

    Schedule J breakdown matched by us

    Base
    $204,063 + $28,620 related
    Bonus
    $0
    Other
    $0
    Deferred
    $26,148 + $3,667 related
    Nontaxable benefits
    $9,724 + $1,364 related
    Filer's total
    $239,935 + $33,651 related
  • Erin Lewis

    CHIEF OPERATIONS OFFICER

    Total calculated
    $326,302
    From this org
    $253,288
    From related orgs
    $28,143
    Other
    $44,871
    Hours/week
    3.5 + 4 related

    Schedule J breakdown matched by us

    Base
    $253,288 + $28,143 related
    Bonus
    $0
    Other
    $0
    Deferred
    $31,200 + $3,466 related
    Nontaxable benefits
    $10,871 + $1,208 related
    Filer's total
    $295,359 + $32,817 related
  • William B Hughes

    CHIEF FINANCIAL OFFICER

    Total calculated
    $216,886
    From this org
    $74,361
    From related orgs
    $107,008
    Other
    $35,517
    Hours/week
    3.5 + 23.5 related

    Schedule J breakdown matched by us

    Base
    $74,361 + $107,008 related
    Bonus
    $0
    Other
    $0
    Deferred
    $9,702 + $13,961 related
    Nontaxable benefits
    $4,952 + $7,127 related
    Filer's total
    $89,015 + $128,096 related
  • Timothy Jones

    ISO (VACATED 5/1/2024)

    Total calculated
    $163,570
    From this org
    $115,072
    From related orgs
    $17,195
    Other
    $31,303
    Hours/week
    0.5 + 5 related

    Schedule J breakdown matched by us

    Base
    $115,072 + $17,195 related
    Bonus
    $0
    Other
    $0
    Deferred
    $16,920 + $2,528 related
    Nontaxable benefits
    $10,509 + $1,570 related
    Filer's total
    $142,501 + $21,293 related
  • Carolyn Burroughs

    ASSISTANT TREASURER

    Total calculated
    $108,877
    From this org
    $80,313
    From related orgs
    $5,126
    Other
    $23,438
    Hours/week
    4 + 2 related
  • Laurel Hendrix

    ASSISTANT SECRETARY

    Total calculated
    $98,168
    From this org
    $40,909
    From related orgs
    $40,909
    Other
    $16,350
    Hours/week
    1.5 + 20 related
  • Wanda Sperow

    SECRETARY

    Total calculated
    $119,849
    From this org
    $9,448
    From related orgs
    $85,028
    Other
    $25,373
    Hours/week
    1 + 36 related
  • Lee Sheppard

    ASST. DIR OF FINANCE

    Total calculated
    $134,165
    From this org
    $49,927
    From related orgs
    $61,021
    Other
    $23,217
    Hours/week
    3.5 + 22 related
  • Charles Saliba

    TECHNOLOGY ARCHITECH

    Total calculated
    $123,162
    From this org
    $94,978
    From related orgs
    $12,952
    Other
    $15,232
    Hours/week
    0.5 + 5 related
  • John Morris

    PRESIDENT (RESIGNED 8/1/2023)

    Total calculated
    $303,938
    From this org
    $241,247
    From related orgs
    $39,599
    Other
    $23,092
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $241,247 + $39,599 related
    Bonus
    $0
    Other
    $0
    Deferred
    $13,048 + $2,142 related
    Nontaxable benefits
    $6,969 + $1,144 related
    Filer's total
    $261,264 + $42,885 related

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. Earlier years are each on their own filing page.

Filings

  • 2023
    Revenue
    $341,851
    Expenses
    $2,681,401
    Contributions
    $337,453
    Grants paid
    $2,358,430
  • 2022
    Revenue
    $4,361,188
    Expenses
    $1,423,467
    Contributions
    $4,285,975
    Grants paid
    $1,155,204

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $10,156,040
    Expenses
    $339,289
    Assets (EOY)
    $19,953,551
  • 2020 · 990

    Revenue
    $4,197,642
    Expenses
    $1,285,995
    Assets (EOY)
    $9,739,836
  • 2019 · 990

    Revenue
    $484,275
    Expenses
    $1,238,649
    Assets (EOY)
    $6,805,640
  • 2018 · 990

    Revenue
    $130,327
    Expenses
    $444,402
    Assets (EOY)
    $7,578,905
  • 2017 · 990

    Revenue
    $4,431,548
    Expenses
    $822,606
    Assets (EOY)
    $7,894,488
  • 2016 · 990

    Revenue
    $715,674
    Expenses
    $1,297,550
    Assets (EOY)
    $2,939,018
  • 2015 · 990

    Revenue
    $3,721,211
    Expenses
    $3,673,609
    Assets (EOY)
    $3,231,517
  • 2014 · 990

    Revenue
    $1,128,576
    Expenses
    $1,864,438
    Assets (EOY)
    $2,836,842
  • 2013 · 990

    Revenue
    $364,215
    Expenses
    $145,480
    Assets (EOY)
    $3,772,908
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $349,581
    Assets (EOY)
    $3,386,056

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

Where these grants went next →

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2023 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 11 November 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.