The North Carolina A&T Real Estate Foundation Inc

EIN: 566075899 501(c)(3) Education

Greensboro, NC

Total Revenue
$25,696,950
Total Expenses
$26,192,583
Total Assets
$178,426,730
Net Assets
$23,940,083
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
NC
Principal Officer
Sheena Jerman
Phone
3364335560
Tax Period
2024-07-01 to 2025-06-30

The North Carolina A&T Real Estate Foundation Inc, founded in 1946, is a mid-sized nonprofit in the Education sector that reported $25.7M in total revenue in fiscal year 2024.

Mission

To provide scholarships and institutional support to North Carolina ATT University students, faculty, and departments, as well as to support institutional real estate activity.

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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 (2024)

Revenue Breakdown

Contributions & Grants $20,122
Program Service Revenue $25,676,828
Investment Income $0
Other Revenue $0
TOTAL REVENUE $25,696,950

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,045,478
Fundraising Expenses $0
Program Expenses $19,644,437
Other Expenses $23,147,105
TOTAL EXPENSES $26,192,583

Year-over-Year Comparison

2024 2023 Change
Revenue $25,696,950 $24,600,337 +0.0%
Expenses $26,192,583 $24,716,868 +0.1%
Net Income $-495,633 $-116,531 +3.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
10
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
8
$739,450
Total Directors
11
$431,958
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Harold Martin Sr Chancellor 000.05
Director
$347,384 $84,574 $431,958
Kimberly A Cameron Excecutive Director 045.00
Officer
$174,805 $42,566 $217,371
James R Martin II Chancellor 045.00
Officer
$191,950 $22,473 $214,423
Sheena J Jerman Director of Real Estate 045.00
Officer
$134,858 $32,151 $167,009
Jacqueline D Stringfellow Director of Accounting 045.00
Officer
$112,469 $28,178 $140,647
Adrienne Bain Chair 000.50
Officer Director
$0 $0 $0
Darrell Perry Vice Chair 000.50
Officer Director
$0 $0 $0
Jennifer Duru-Perry Secretary 000.50
Officer Director
$0 $0 $0
Daniel Lim Treasurer 000.50
Officer Director
$0 $0 $0
Nakira A Carter Director 000.50
Director
$0 $0 $0
Harold Cogdell Director 000.50
Director
$0 $0 $0
James Cox Director 000.50
Director
$0 $0 $0
Niketa Greene Director 000.50
Director
$0 $0 $0
Thomas E Powers III Director 000.50
Director
$0 $0 $0
Walker Sanders Director 000.50
Director
$0 $0 $0
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 $25,696,950 $26,192,583 $178,426,730 $-495,633
2024 No data No data No data No data
2023 $34,229,834 $33,923,863 $189,272,020 $305,971
2022 $33,021,773 $25,849,892 $169,150,909 $7,171,881
2021 $25,835,252 $21,596,043 $167,097,116 $4,239,209
2020 $25,950,999 $21,177,786 $154,780,990 $4,773,213
2019 $11,654,122 $10,551,208 $94,970,554 $1,102,914
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