Nonprofit · EIN 56-6075899
THE NORTH CAROLINA A&T REAL ESTATE FOUNDATION INC
Tax-exempt · GREENSBORO, NC 27420
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $25,696,950 | $26,192,583 | -$495,633 | $178,426,730 | $154,486,647 | $23,940,083 |
| June 30, 2024 | 990 | $26,012,245 | $24,985,662 | $1,026,583 | $164,220,580 | $140,436,714 | $23,783,866 |
| June 30, 2023 | 990 | $34,229,834 | $33,923,863 | $305,971 | $189,272,020 | $134,678,451 | $54,593,569 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $20,122
- Program service revenue
- $25,676,828
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,171,408
- Other salaries and wages
- $1,288,221
- Salaries, compensation and benefits (total)
- $3,045,478
- Professional fundraising fees
- $0
- Occupancy
- $3,412,999
- Travel
- $21,087
- Depreciation
- $4,841,319
- Program services (functional)
- $19,644,437
- Management and general (functional)
- $6,548,146
Balance sheet and other
- Total assets, start of year
- $162,991,700
- Total assets, end of year
- $178,426,730
- Total liabilities, end of year
- $154,486,647
- Net assets, end of year
- $23,940,083
- Land, buildings and equipment
- $117,475,714
- Net assets without donor restrictions
- $23,890,083
- Net assets with donor restrictions
- $50,000
- Gross unrelated business income
- $906,477
- Gross receipts
- $25,696,950
- Employees
- 0
- Year formed
- 1946
- State of legal domicile
- NC
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Harold Martin Sr | Chancellor Trustee or director | 0.05 | $347,384 | $84,574 |
| Kimberly A Cameron | Excecutive Director Officer | 45 | $174,805 | $42,566 |
| James R Martin II | Chancellor Officer | 45 | $191,950 | $22,473 |
| Sheena J Jerman | Director of Real Estate Officer | 45 | $134,858 | $32,151 |
| Jacqueline D Stringfellow | Director of Accounting Officer | 45 | $112,469 | $28,178 |
| Adrienne Bain | Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| Darrell Perry | Vice Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| Jennifer Duru-Perry | Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
| Daniel Lim | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| Nakira A Carter | Director Trustee or director | 0.5 | $0 | $0 |
| Harold Cogdell | Director Trustee or director | 0.5 | $0 | $0 |
| James Cox | Director Trustee or director | 0.5 | $0 | $0 |
| Niketa Greene | Director Trustee or director | 0.5 | $0 | $0 |
| Thomas E Powers III | Director Trustee or director | 0.5 | $0 | $0 |
| Walker Sanders | Director Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Harold L Martin Sr | Chancellor Trustee or director | 0.05 | $441,495 | $108,549 |
| Kimberly Cameron | Excecutive Director Officer | 45 | $178,660 | $42,787 |
| Sheena Jerman | Director of Real Estate Officer | 45 | $136,814 | $32,318 |
| Jacqueline Stringfellow | Director of Accounting Officer | 45 | $112,820 | $26,315 |
| Julie Melikpor-Lee | Director Program Manager of the Event Center Officer | 45 | $92,646 | $21,267 |
| Adrienne Bain | Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| Darrell Perry | Vice Chair Trustee or director, Officer | 0.5 | $0 | $0 |
| Jennifer Duru-Perry | Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
| Daniel Lim | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| Nakira A Carter | Director Trustee or director | 0.5 | $0 | $0 |
| Harold Cogdell | Director Trustee or director | 0.5 | $0 | $0 |
| James Cox | Director Trustee or director | 0.5 | $0 | $0 |
| Niketa Greene | Director Trustee or director | 0.5 | $0 | $0 |
| Thomas E Powers III | Director Trustee or director | 0.5 | $0 | $0 |
| Walker Sanders | Director Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Harold L Martin Sr | Chancellor Trustee or director | 0.05 | $0 | $412,885 | $87,736 |
| Kim Cameron | Excecutive Director Officer | 45 | $0 | $178,885 | $50,840 |
| Sheena Jerman | Director Officer | 45 | $0 | $175,739 | $0 |
| Jacqueline Stringfellow | Director of Accounting Officer | 45 | $0 | $102,594 | $31,267 |
| Torian R Priestly | Chair Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Russ Parmele | Vice Chair Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Jennifer Duru-Perry | Secretary Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Daniel Lim | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Adrienne Bain | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Nakira A Carter | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Harold Cogdell | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| James Cox | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Niketa Greene | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Clifford A Maske | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Darrell Perry | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Thomas E Powers III | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Walker Sanders | Director Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 20366, GREENSBORO, NC 27420-0366
- Principal officer (990 for 2024)
- Sheena Jerman, PO Box 20366, Greensboro, NC 27420
- Signed the 990
- Sheena Jerman, Interim Executive Director
- Phone
- (336) 433-5560
- Return prepared by
- Murphy and Company PC
Mission
The mission of the Foundation is to support North Carolina AT State Universitys quality environment of exemplary teaching and learning, scholarly and creative research, and effective community engagement and public service through the acquisition, ownership, transfer, development, and management of real estate or real estate-related projects.
Program accomplishments
- The Foundation provides direct support to the University departments by the management of fund accounts that include restricted, unrestricted, scholarships, endowments and grants.
- To expand the footprint of the University and accomodate the increasing demand for student housing, the Foundation constructs, acquires, maintains, and manages student housing.Expenses $19,644,437 · revenue $25,676,828
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-6075899
- 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
- 1968
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B820)
- Assets (IRS master file)
- $178,426,730
- Income (IRS master file)
- $25,696,950
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $25,696,950 | $26,192,583 | $178,426,730 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $26,012,245 | $24,985,662 | $164,220,580 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $34,229,834 | $33,923,863 | $189,272,020 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $33,021,773 | $25,849,892 | $169,150,909 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 56-6075899).
Questions about THE NORTH CAROLINA A&T REAL ESTATE FOUNDATION INC
- What is the EIN of THE NORTH CAROLINA A&T REAL ESTATE FOUNDATION INC?
- The employer identification number (EIN) of THE NORTH CAROLINA A&T REAL ESTATE FOUNDATION INC is 56-6075899.
- Is THE NORTH CAROLINA A&T REAL ESTATE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
- Are donations to THE NORTH CAROLINA A&T REAL ESTATE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE NORTH CAROLINA A&T 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 THE NORTH CAROLINA A&T REAL ESTATE FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE NORTH CAROLINA A&T REAL ESTATE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE NORTH CAROLINA A&T REAL ESTATE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names Sheena Jerman.
- Who are the officers and directors of THE NORTH CAROLINA A&T REAL ESTATE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 15 people; 5 received compensation from the organization, the highest $347,384 (Harold Martin Sr, Chancellor).
- How much revenue does THE NORTH CAROLINA A&T REAL ESTATE FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $25,696,950, expenses of $26,192,583 and total assets of $178,426,730 at year end.
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