UNCW CORPORATION

EIN: 201949540 501(c)(3) Education

WILMINGTON, NC

Total Revenue
$4,343,157
Total Expenses
$4,343,157
Total Assets
$103,821,771
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NC
Principal Officer
EDDIE STUART
Phone
9109622515
Tax Period
2023-07-01 to 2024-06-30

UNCW CORPORATION, founded in 2002, is a community nonprofit in the Education sector that reported $4.3M in total revenue in fiscal year 2023.

Mission

TO ENHANCE THE UNIVERSITY OF NORTH CAROLINA AT WILMINGTON'S EDUCATIONAL MISSION, WITHOUT LIMITATION, OVERSEEING AND ASSISTING WITH THE ACQUISITION AND FINANCING OF CAPITAL ASSETS FOR THE UNIVERSITY.

Program Service Accomplishments

Program 1
Expenses: $4,334,957 Revenue: $4,343,157

TO DEVELOP, CONSTRUCT, OWN, FINANCE, MANAGE, OPERATE, AND OTHERWISE DEAL WITH STUDENT HOUSING FACILITIES ON THE CAMPUS OF THE UNIVERSITY. THERE ARE THREE APARTMENT-STYLE HOUSING FACILITIES WITH...

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TO DEVELOP, CONSTRUCT, OWN, FINANCE, MANAGE, OPERATE, AND OTHERWISE DEAL WITH STUDENT HOUSING FACILITIES ON THE CAMPUS OF THE UNIVERSITY. THERE ARE THREE APARTMENT-STYLE HOUSING FACILITIES WITH RELATED PARKING AND RECREATIONAL FACILITIES ON THE CAMPUS OF THE UNCW; IN 2005 A 524-BED FACILITY WAS CONSTRUCTED; IN 2006 A 609-BED FACILITY WAS CONSTRUCTED; IN 2008 A 662-BED FACILITY WAS CONSTRUCTED, AS WELL AS A PARKING DECK AND A STUDENT CONVENIENCE STORE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,343,157
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,343,157

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,334,957
Other Expenses $4,343,157
TOTAL EXPENSES $4,343,157

Year-over-Year Comparison

2023 2022 Change
Revenue $4,343,157 $4,521,017 0.0%
Expenses $4,343,157 $4,521,017 0.0%
Net Income $0 $0 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$778,742
Total Directors
4
$778,742
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDDIE STUART PRESIDENT 0.50
Officer Director
$0 $44,171 $305,975
MILES LACKEY SECRETARY 0.50
Officer Director
$0 $49,647 $343,061
RUSSELL LABELLE DIRECTOR 0.20
Director
$0 $0 $0
ROBERTA LASURE TREASURER 0.50
Officer Director
$0 $31,780 $129,706
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $4,343,157 $4,343,157 $103,821,771 No data
2023 $4,521,017 $4,521,017 $109,770,392 No data
2022 $4,715,888 $4,715,888 $116,452,521 No data
2021 $4,890,706 $4,890,706 $120,821,263 No data
2020 $5,105,485 $5,105,485 $125,533,327 No data
2019 $5,015,160 $5,015,160 $128,116,887 No data
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