Civic Intelligence

Union Square Campus Inc.

990 • Fiscal year 2021 • EIN 46-4753139

Jan 01, 2021 to Dec 31, 2021 • Filed on Jan 29, 2024

2901 East Gate City Blvd 2400Greensboro, NC 27401

(336) 375-9232

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

77th percentile

0.68x

Higher debt load relative to assets than 77% of similar nonprofits.

2021 filings • NTEE B • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

7.67x

Higher debt load relative to revenue than 96% of similar nonprofits.

2021 filings • NTEE B • $10M-$25M nonprofits • Source year 2021

Net Margin

8th percentile

-22%

Higher net margin than 8% of similar nonprofits.

2021 filings • NTEE B • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • NTEE B • $10M-$25M nonprofits • Source year 2021

Asset Growth

13th percentile

-2.5%

Faster asset growth than 13% of similar nonprofits.

2021 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

28th percentile

-0.6%

Faster revenue growth than 28% of similar nonprofits.

2021 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Down

$23,257,665

Down $597,106 (-2.5%) from 2020

Net Assets

Up

$7,327,742

Up $393,938 (+5.7%) from 2020

Liabilities

Down

$15,929,923

Down $991,044 (-5.9%) from 2020

Revenue

Down

$2,077,475

Down $13,489 (-0.6%) from 2020

Expenses

Down

$2,532,016

Down $838,671 (-25%) from 2020

Net Income

Up

-$454,541

Up $825,182 (+64%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2014: $3,916,660Liabilities 2014: $0Net Assets 2014: $3,916,6602014Assets 2015: $14,474,938Liabilities 2015: $6,346,744Net Assets 2015: $8,128,1942015Assets 2016: $30,084,315Liabilities 2016: $19,788,688Net Assets 2016: $10,295,6272016Assets 2017: $26,537,321Liabilities 2017: $16,563,201Net Assets 2017: $9,974,1202017Assets 2018: $25,861,949Liabilities 2018: $16,409,135Net Assets 2018: $9,452,8142018Assets 2019: $24,933,231Liabilities 2019: $16,719,704Net Assets 2019: $8,213,5272019Assets 2020: $23,854,771Liabilities 2020: $16,920,967Net Assets 2020: $6,933,8042020Assets 2021: $23,257,665Liabilities 2021: $15,929,923Net Assets 2021: $7,327,7422021Assets 2022: $22,077,657Liabilities 2022: $13,855,485Net Assets 2022: $8,222,1722022Assets 2023: $21,161,320Liabilities 2023: $13,292,627Net Assets 2023: $7,868,6932023Assets 2024: $20,714,373Liabilities 2024: $12,739,717Net Assets 2024: $7,974,6562024

Highlighted filing

2021

Assets$23,257,665
Liabilities$15,929,923
Net Assets$7,327,742

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $3,916,660Expenses 2014: $0Net Income 2014: $3,916,6602014Revenue 2015: $5,001,965Expenses 2015: $790,431Net Income 2015: $4,211,5342015Revenue 2016: $3,303,469Expenses 2016: $1,136,036Net Income 2016: $2,167,4332016Revenue 2017: $2,349,538Expenses 2017: $2,671,045Net Income 2017: -$321,5072017Revenue 2018: $2,151,139Expenses 2018: $2,672,445Net Income 2018: -$521,3062018Revenue 2019: $2,090,532Expenses 2019: $3,329,819Net Income 2019: -$1,239,2872019Revenue 2020: $2,090,964Expenses 2020: $3,370,687Net Income 2020: -$1,279,7232020Revenue 2021: $2,077,475Expenses 2021: $2,532,016Net Income 2021: -$454,5412021Revenue 2022: $2,080,700Expenses 2022: $2,721,734Net Income 2022: -$641,0342022Revenue 2023: $2,387,535Expenses 2023: $2,629,057Net Income 2023: -$241,5222023Revenue 2024: $2,489,598Expenses 2024: $2,333,718Net Income 2024: $155,8802024

Highlighted filing

2021

Revenue$2,077,475
Expenses$2,532,016
Net Income-$454,541
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jan 29, 2024
Return Version
2021v4.2
Gross Receipts
$2,077,475
Mission and Program Overview

Mission

To assist the university of north carolina at greensboro, north carolina a&t state university, guilford technical community college and the cone health systems in providing educational opportunities, and to oversee the development and educational programming of a downtown university campus in greensboro, north carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,485,333$17,446,189▼ $1,039,144
Cash and Non-Interest-Bearing Accounts$5,172,183$5,329,780▲ $157,597
Prepaid Expenses and Deferred Charges$193,466$454,186▲ $260,720
Accounts Receivable$600$125▼ $475
Total Assets$23,854,771$23,257,665▼ $597,106
Other Assets Total$3,189$27,385▲ $24,196
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,053,967$13,522,791▼ $531,176
Other Liabilities$1,979,048$1,130,569▼ $848,479
Deferred Revenue$742,958$742,958→ $0
Accounts Payable and Accrued Expenses$144,994$533,605▲ $388,611
Total Liabilities$16,920,967$15,929,923▼ $991,044
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,933,804$7,327,742▲ $393,938
Total Net Assets Fund Balance$6,933,804$7,327,742▲ $393,938
Total Liabilities and Net Assets / Fund Balance$23,854,771$23,257,665▼ $597,106

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,994,553$2,491,211$18,485,764
Equipment$1,000,629$3,106,954$4,107,583
Land$451,007-$451,007
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Gateway University Research ParkAdministrative And Personnel Services2901 EAST GATE CITY BLVD SUITE 25, Greensboro, NC 27401-4904$466,773
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,077,475
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-454,541

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,077,475
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,049,179
Total Revenue per Audited Statements
$3,126,654
Total Revenue per Form 990
$2,077,475
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,215,244
Salaries, Compensation, and Employee Benefits$316,772
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,039,145--$1,039,145
Interest$524,566--$524,566
Other Salaries and Wages$263,900--$263,900
Occupancy$181,942--$181,942
Insurance$31,085--$31,085
Other Expenses$22,274$150,000-$22,274
Payroll Taxes$19,817--$19,817
Other Employee Benefits$19,623--$19,623
Fees for Services Accounting-$17,691-$17,691
Pension Plan Contributions$13,432--$13,432
Office Expenses$9,618$2,512-$12,130
All Other Expenses$99--$99
Total Functional Expenses$2,361,813$170,203$0$2,532,016

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,732,716
Expenses per Audited Statements$2,532,016
Total Expenses per Form 990$2,532,016
Expenses Not Reported on Form 990$200,700
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fair Value of Interest Rate Swap$1,130,569
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Harold l. Martin, sr. And franklin gilliam, jr. Serve on the board of directors of union square campus and also on the board of directors of gateway research park, the 501(c)(3) nonprofit, which provides facilities and management services for union square campus. The board of directors of gateway research park only approve the contractual agreements with union square campus, and are not involved in the day-to-day management decisions at union square campus. Harold l. Martin, sr. And franklin gilliam, jr., recuse themselves from any conflicting board decisions.

Form 990, Part VI, Section A, Line 3

As part of an agreement with gateway research park, inc., union square pays a monthly management fee to gateway to provide accounting and bookkeeping services. As part of the same agreement with gateway effective august 1, 2016, union square pays a monthly management fee to gateway to provide accounting and administrative staffing services. Management fee expense was $150,000 for the years ended december 31, 2021 and 2020. Union square paid salary and benefits expense to gateway of $316,773 and $310,014 for the years ended december 31, 2021 and 2020, respectively.

Form 990, Part VI, Section B, Line 11B

A draft of the form 990 is presented to union square campus, inc.'s board of directors for review and comments prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Directors are required to review the policy each calendar year.

Form 990, Part VI, Section C, Line 19

Form 990 is available for review through guidestar and through the nc charitable solicitation licensing division of the north carolina department of the secretary of state.

Filing and Contact Details

Filer

Filer Name
Union Square Campus Inc
EIN
46-4753139
Phone
3363759232
Address
2901 EAST GATE CITY BLVD 2400, GREENSBORO, NC 27401

Signing Officer

Name
Jim Westmoreland
Title
Interim Executive Director
Phone
3363759232
Signed
2024-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Westmoreland
Formed
2013
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Gilliam Bell Moser Llp
Address
PO BOX 621, BURLINGTON, NC 27216-0621
Preparer
William E Wilkinson
Phone
3362276283
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in fmv of interest rate swap 848,479.

Form 990, Amended Return

This return is being amended to reflect changes on schedule a and d. These changes reflect a donation from the city of greensboro of 223 parking spaces in 2021, a value of $200,700. This amount was inadvertantly left off the organization's financial statements and form 990 when orginally filed.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in fmv of interest rate swap 848,479.

Raw XML AppendixShowing 400 of 432 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03189
IRS990/OtherAssetsTotalGrp/EOYAmt027385
IRS990/OtherChangesInNetAssetsAmt0848479
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt019623
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019623
IRS990/OtherExpensesGrp/Desc0MAINTENANCE & REPAIRS
IRS990/OtherExpensesGrp/Desc1MANAGEMENT FEE
IRS990/OtherExpensesGrp/Desc2TELEPHONE & NETWORK
IRS990/OtherExpensesGrp/Desc3SECURITY & POLICE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0150000
IRS990/OtherExpensesGrp/ProgramServicesAmt0162176
IRS990/OtherExpensesGrp/ProgramServicesAmt174136
IRS990/OtherExpensesGrp/ProgramServicesAmt222274
IRS990/OtherExpensesGrp/TotalAmt0162176
IRS990/OtherExpensesGrp/TotalAmt1150000
IRS990/OtherExpensesGrp/TotalAmt274136
IRS990/OtherExpensesGrp/TotalAmt322274
IRS990/OtherLiabilitiesGrp/BOYAmt01979048
IRS990/OtherLiabilitiesGrp/EOYAmt01130569
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0263900
IRS990/OtherSalariesAndWagesGrp/TotalAmt0263900
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt019817
IRS990/PayrollTaxesGrp/TotalAmt019817
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013432
IRS990/PensionPlanContributionsGrp/TotalAmt013432
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0193466
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0454186
IRS990/PrincipalOfficerNm0JIM WESTMORELAND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02077475
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02077475
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt015964
IRS990/PYOtherExpensesAmt03060673
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02075000
IRS990/PYRevenuesLessExpensesAmt0-1279723
IRS990/PYSalariesCompEmpBnftPaidAmt0310014
IRS990/PYTotalExpensesAmt03370687
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02090964
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-454541
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02077475
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FACILITY RENTAL FEE - 2017 AMOUNT: $ 8,725. 2018 AMOUNT: $ 3,825. 2019 AMOUNT: $ 7,180.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1IN TAX YEARS 2017 AND 2018, CHANGE IN FMV OF INTEEST RATE SWAP WAS INADVERTANTLY REFLECTED AS OTHER INCOME ON SCHEDULE A, PART II, LINE 10. WE HAVE UPDATED IN TAX YEAR 2021 TO REMOVE FROM RESPECTIVE YEARS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE CITY OF GREENSBORO PROVIDED 223 PARKING SPACES FOR THE YEAR FOR USC, A VALUE OF $200,700. THIS AMOUNT WAS INADVERTANTLY LEFT OFF THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 WHEN ORGINALLY FILED.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SCHEDULE A, PART II, LINE 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2SCHEDULE A, PART II, LINE 3
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt042135
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt072450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0114585
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0200700
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0200700
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015963
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010352
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt026315
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt010371375
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt07180
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03825
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt08725
IRS990ScheduleA/OtherIncome170Grp/TotalAmt019730
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66660
IRS990ScheduleA/PublicSupportPY170Pct00.86690
IRS990ScheduleA/PublicSupportTotal170Amt0240873
IRS990ScheduleA/SubstantialContributorsTotAmt074412
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0200700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt042135
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt072450
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0315285
IRS990ScheduleA/TotalSupportAmt0361330
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt015994553
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02491211
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018485764
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0200700
IRS990ScheduleD/DonatedServicesUseFcltsAmt0200700
IRS990ScheduleD/EquipmentGrp/BookValueAmt01000629
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03106954
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04107583
IRS990ScheduleD/ExpensesNotReportedAmt0200700
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02532016
IRS990ScheduleD/LandGrp/BookValueAmt0451007
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0451007
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01130569
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FAIR VALUE OF INTEREST RATE SWAP
IRS990ScheduleD/OtherRevenueAmt0848479
IRS990ScheduleD/RevenueNotReportedAmt01049179
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02077475
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CHANGE IN FMV OF INTEREST RATE SWAP 848,479.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017446189
IRS990ScheduleD/TotalExpensesPerForm990Amt02532016
IRS990ScheduleD/TotalLiabilityAmt01130569
IRS990ScheduleD/TotalRevenuePerForm990Amt02077475
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03126654
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02732716
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HAROLD L. MARTIN, SR. AND FRANKLIN GILLIAM, JR. SERVE ON THE BOARD OF DIRECTORS OF UNION SQUARE CAMPUS AND ALSO ON THE BOARD OF DIRECTORS OF GATEWAY RESEARCH PARK, THE 501(C)(3) NONPROFIT, WHICH PROVIDES FACILITIES AND MANAGEMENT SERVICES FOR UNION SQUARE CAMPUS. THE BOARD OF DIRECTORS OF GATEWAY RESEARCH PARK ONLY APPROVE THE CONTRACTUAL AGREEMENTS WITH UNION SQUARE CAMPUS, AND ARE NOT INVOLVED IN THE DAY-TO-DAY MANAGEMENT DECISIONS AT UNION SQUARE CAMPUS. HAROLD L. MARTIN, SR. AND FRANKLIN GILLIAM, JR., RECUSE THEMSELVES FROM ANY CONFLICTING BOARD DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS PART OF AN AGREEMENT WITH GATEWAY RESEARCH PARK, INC., UNION SQUARE PAYS A MONTHLY MANAGEMENT FEE TO GATEWAY TO PROVIDE ACCOUNTING AND BOOKKEEPING SERVICES. AS PART OF THE SAME AGREEMENT WITH GATEWAY EFFECTIVE AUGUST 1, 2016, UNION SQUARE PAYS A MONTHLY MANAGEMENT FEE TO GATEWAY TO PROVIDE ACCOUNTING AND ADMINISTRATIVE STAFFING SERVICES. MANAGEMENT FEE EXPENSE WAS $150,000 FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020. UNION SQUARE PAID SALARY AND BENEFITS EXPENSE TO GATEWAY OF $316,773 AND $310,014 FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020, RESPECTIVELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE FORM 990 IS PRESENTED TO UNION SQUARE CAMPUS, INC.'S BOARD OF DIRECTORS FOR REVIEW AND COMMENTS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECTORS ARE REQUIRED TO REVIEW THE POLICY EACH CALENDAR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS AVAILABLE FOR REVIEW THROUGH GUIDESTAR AND THROUGH THE NC CHARITABLE SOLICITATION LICENSING DIVISION OF THE NORTH CAROLINA DEPARTMENT OF THE SECRETARY OF STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN FMV OF INTEREST RATE SWAP 848,479.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THIS RETURN IS BEING AMENDED TO REFLECT CHANGES ON SCHEDULE A AND D. THESE CHANGES REFLECT A DONATION FROM THE CITY OF GREENSBORO OF 223 PARKING SPACES IN 2021, A VALUE OF $200,700. THIS AMOUNT WAS INADVERTANTLY LEFT OFF THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 WHEN ORGINALLY FILED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, AMENDED RETURN
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt023854771
IRS990/TotalAssetsEOYAmt023257665
IRS990/TotalAssetsGrp/BOYAmt023854771
IRS990/TotalAssetsGrp/EOYAmt023257665
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0170203
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02361813
IRS990/TotalFunctionalExpensesGrp/TotalAmt02532016
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016920967
IRS990/TotalLiabilitiesEOYAmt015929923
IRS990/TotalLiabilitiesGrp/BOYAmt016920967
IRS990/TotalLiabilitiesGrp/EOYAmt015929923
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06933804
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07327742
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02361813
IRS990/TotalProgramServiceRevenueAmt02077475
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02077475
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02077475
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023854771
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt023257665
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02901 EAST GATE CITY BLVD 2400
IRS990/USAddress/CityNm0GREENSBORO
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027401
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.UNIONSQUARECAMPUS.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1

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