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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Auburn University Real Estate Foundation Inc.

Auburn University Real Estate Foundation Inc.

Fiscal year ending 2024. Filed on May 29, 2025.

PO Box 3140
Auburn, Alabama 36831

Auburn University Real Estate Foundation Inc. (EIN: 56-2535892) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Auburn University Real Estate Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 11 out of 18 total employees. Among the employees shown here, the average compensation is $206,462. The highest compensated employee at Auburn University Real Estate Foundation Inc. is Rob Wellbaum with fiscal year 2024 compensation of $402,797.

Revenue, expenses, and employee compensation

Revenue

$341,851

Expenses

$2,681,401

Employee compensation

$108,774
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rob Wellbaum
President
$402,797
$293,808 $51,848 $57,141
Erin Lewis
Chief Operating Officer
$326,302
$253,288 $28,143 $44,871
John Morris
President (Resigned 8/1/2023)
$303,938
$241,247 $39,599 $23,092
Angie Stephens
Vice President (Retired 12/1/2023)
$273,364
$204,063 $28,620 $40,681
William B Hughes
Chief Financial Officer
$216,886
$74,361 $107,008 $35,517
Timothy Jones
ISO (Vacated 5/1/2024)
$163,570
$115,072 $17,195 $31,303
Lee Sheppard
ASST Director of Finance
$134,165
$49,927 $61,021 $23,217
Charles Saliba
Technology Architech
$123,162
$94,978 $12,952 $15,232
Wanda Sperow
Secretary
$119,849
$9,448 $85,028 $25,373
Carolyn Burroughs
Assistant Treasurer
$108,877
$80,313 $5,126 $23,438
Laurel Hendrix
Assistant Secretary
$98,168
$40,909 $40,909 $16,350

Benchmark Employee Compensation

Non-Employee Board Members

Beau Byrd
Director
Benny Larussa
Director (Resigned 7/15/2024)
David Welch
Director
Greg Winchester
Director
John Thomas
Director
Patrick Henry
Vice Chair and Treasurer
Steve Cates
Chair

Contractors

Gary Ingram Grading & Paving
Grading
$223,472

Mission Statement

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.

Revisions to this organization profile

May 29, 2025:
2024 Auburn University Real Estate Foundation Inc. 990 filed
May 7, 2024:
2023 Auburn University Real Estate Foundation Inc. 990 filed
May 5, 2023:
2022 Auburn University Real Estate Foundation Inc. 990 filed

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