Civic Intelligence

Winthrop University Real Estate Foundation Inc

990 • Fiscal year 2015 • EIN 57-1102885

Jan 01, 2015 to Dec 31, 2015 • Filed on May 12, 2016

Organization ProfileWWW.WINTHROP.EDU/WUREF
701 Oakland AvenueRock Hill, SC 29733

(803) 323-2374

Siviq Scores

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

Liabilities / Assets

89th percentile

0.91x

Higher debt load relative to assets than 89% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

5.07x

Higher debt load relative to revenue than 94% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

56th percentile

4.6%

Higher net margin than 56% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

37th percentile

-1.3%

Faster asset growth than 37% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

48th percentile

3.2%

Faster revenue growth than 48% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$17,520,621

Down $230,178 (-1.3%) from 2014

Net Assets

Up

$1,556,280

Up $144,525 (+10%) from 2014

Liabilities

Down

$15,964,341

Down $374,703 (-2.3%) from 2014

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin56th percentile

Revenue

Up

$3,148,914

Up $96,612 (+3.2%) from 2014

Expenses

Up

$3,004,389

Up $339,749 (+13%) from 2014

Net Income

Down

$144,525

Down $243,137 (-63%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $18,059,002Liabilities 2011: $17,448,821Net Assets 2011: $610,1812011Assets 2012: $17,955,069Liabilities 2012: $17,128,670Net Assets 2012: $826,3992012Assets 2013: $17,785,784Liabilities 2013: $16,761,691Net Assets 2013: $1,024,0932013Assets 2014: $17,750,799Liabilities 2014: $16,339,044Net Assets 2014: $1,411,7552014Assets 2015: $17,520,621Liabilities 2015: $15,964,341Net Assets 2015: $1,556,2802015Assets 2016: $17,210,787Liabilities 2016: $15,278,767Net Assets 2016: $1,932,0202016Assets 2017: $16,988,233Liabilities 2017: $14,759,664Net Assets 2017: $2,228,5692017Assets 2018: $17,297,946Liabilities 2018: $14,927,876Net Assets 2018: $2,370,0702018Assets 2019: $15,573,784Liabilities 2019: $13,731,314Net Assets 2019: $1,842,4702019Assets 2020: $15,405,497Liabilities 2020: $13,445,823Net Assets 2020: $1,959,6742020Assets 2021: $15,991,956Liabilities 2021: $12,641,518Net Assets 2021: $3,350,4382021Assets 2022: $16,658,440Liabilities 2022: $12,489,733Net Assets 2022: $4,168,7072022Assets 2023: $15,985,904Liabilities 2023: $11,133,590Net Assets 2023: $4,852,3142023Assets 2024: $15,011,848Liabilities 2024: $9,925,838Net Assets 2024: $5,086,0102024

Highlighted filing

2015

Assets$17,520,621
Liabilities$15,964,341
Net Assets$1,556,280
Open 2015 Filing

Operations Trend

Revenue Growth48th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,492,612Expenses 2011: $2,504,844Net Income 2011: -$12,2322011Expenses 2012: $2,217,9532012Revenue 2013: $2,614,058Expenses 2013: $2,416,366Net Income 2013: $197,6922013Revenue 2014: $3,052,302Expenses 2014: $2,664,640Net Income 2014: $387,6622014Revenue 2015: $3,148,914Expenses 2015: $3,004,389Net Income 2015: $144,5252015Revenue 2016: $3,170,575Expenses 2016: $2,794,835Net Income 2016: $375,7402016Revenue 2017: $3,389,084Expenses 2017: $3,092,535Net Income 2017: $296,5492017Revenue 2018: $3,579,271Expenses 2018: $3,437,770Net Income 2018: $141,5012018Revenue 2019: $3,887,714Expenses 2019: $4,415,314Net Income 2019: -$527,6002019Revenue 2020: $2,464,642Expenses 2020: $2,347,438Net Income 2020: $117,2042020Revenue 2021: $4,070,271Expenses 2021: $2,679,507Net Income 2021: $1,390,7642021Revenue 2022: $4,359,081Expenses 2022: $3,540,812Net Income 2022: $818,2692022Revenue 2023: $4,867,904Expenses 2023: $4,184,297Net Income 2023: $683,6072023Revenue 2024: $5,086,567Expenses 2024: $4,852,871Net Income 2024: $233,6962024

Highlighted filing

2015

Revenue$3,148,914
Expenses$3,004,389
Net Income$144,525
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 12, 2016
Return Version
2015v2.1
Gross Receipts
$3,148,914
Mission and Program Overview

Mission

Wuref, inc. Serves as the conduit through which gifts of real estate and property are received and liquidated to advance the mission of winthrop university; to develop, own, manage, lease, and sell real estate and property; and to protect the real estate assets of the winthrop foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,790,943$12,443,626▼ $347,317
Savings and Temporary Cash Investments$3,923,184$3,897,252▼ $25,932
Investments Program Related$708,000$768,000▲ $60,000
Cash and Non-Interest-Bearing Accounts$50,229$144,953▲ $94,724
Intangible Assets$139,394$132,395▼ $6,999
Accounts Receivable$124,162$118,216▼ $5,946
Prepaid Expenses and Deferred Charges$14,887$16,179▲ $1,292
Total Assets$17,750,799$17,520,621▼ $230,178
Liabilities
Tax Exempt Bond Liabilities$15,960,000$15,465,000▼ $495,000
Accounts Payable and Accrued Expenses$379,044$499,341▲ $120,297
Total Liabilities$16,339,044$15,964,341▼ $374,703
Net Assets / Fund Balance
Temporarily Rstr Net Assets$849,825$915,227▲ $65,402
Unrestricted Net Assets$561,930$641,053▲ $79,123
Total Net Assets Fund Balance$1,411,755$1,556,280▲ $144,525
Total Liabilities and Net Assets / Fund Balance$17,750,799$17,520,621▼ $230,178

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,907,803$4,855,114$16,762,917
Land$535,823-$535,823
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Lee C Gardner JrPresident
Alexander D SpottsDirector
Catherine H FairclothDirector
David VippermanDirector
Dawn C JohnsonDirector
Jolene Stepp SetliffDirector
Joshua B VannDirector
Pam MorrellDirector
Randy GrahamDirector
L Keith WilliamsExecutive Di
Baxter SimpsonSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$60,000
Program Service Revenue
$3,145,328
Investment Income
$6,327
Other Revenue
$-62,741
All Other Contributions
$60,000
Change in Net Assets
$144,525

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$60,000Property Tax Values
Total Noncash Contributions1$60,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,148,914
Total Revenue per Audited Statements
$3,148,914
Total Revenue per Form 990
$3,148,914
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,718,096
Salaries, Compensation, and Employee Benefits$286,293
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$744,021--$744,021
Depreciation Depletion$333,017--$333,017
All Other Expenses$287,572$12,664-$300,236
Other Salaries and Wages$232,650--$232,650
Other Expenses$173,740--$173,740
Fees for Services Management$151,992--$151,992
Insurance$71,878--$71,878
Payroll Taxes$53,643--$53,643
Information Technology$45,000--$45,000
Fees for Services Accounting-$17,650-$17,650
Office Expenses$899$1,755-$2,654
Fees for Services Legal$790--$790
Total Functional Expenses$2,972,320$32,069$0$3,004,389

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,004,389
Total Expenses per Audited Statements$3,004,389
Total Expenses per Form 990$3,004,389
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASc Jobs - Economic Dvelopment Autho2011-12-01$17,315,000REFUND A PRIOR ISSUE

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A--$495,000-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Antrim, llc antrim, llc member member partners in same business”

Form 990, Page 6, Part VI, Line 11B

“The 990 is reviewed by the ceo and coo prior to filing and then passed to the board members for their review prior to filing.”

Form 990, Page 6, Part VI, Line 19

“Documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Winthrop University
EIN
57-1102885
Phone
8033232374
Address
701 OAKLAND AVENUE, ROCK HILL, SC 29733

Signing Officer

Name
L Keith Williams
Title
Executive Director
Phone
8033232374
Signed
2016-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee C Gardner Jr
Formed
1999
Legal Domicile
Sc
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Knoble Ingle Cpas Llp
Address
114 E MAIN ST STE 101, ROCK HILL, SC 29730-5195
Preparer
David M Knoble
Phone
8033248880
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Wuref, inc. Serves as the conduit through which gifts of real estate and property are received and liquidated to advance the mission of winthrop university; to develop, own, manage, lease, and sell real estate and property; and to protect the real estate assets of the winthrop foundation.”

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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01755
IRS990/OfficeExpensesGrp/ProgramServicesAmt0899
IRS990/OfficeExpensesGrp/TotalAmt02654
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0FOOD SERVICES
IRS990/OtherExpensesGrp/Desc12012 SURPLUS TSFR TO WU
IRS990/OtherExpensesGrp/Desc2POWER
IRS990/OtherExpensesGrp/Desc3REPAIRS AND REPLACEMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt0394050
IRS990/OtherExpensesGrp/ProgramServicesAmt1300013
IRS990/OtherExpensesGrp/ProgramServicesAmt2183055
IRS990/OtherExpensesGrp/ProgramServicesAmt3173740
IRS990/OtherExpensesGrp/TotalAmt0394050
IRS990/OtherExpensesGrp/TotalAmt1300013
IRS990/OtherExpensesGrp/TotalAmt2183055
IRS990/OtherExpensesGrp/TotalAmt3173740
IRS990/OtherRevenueMiscGrp/Desc02014 SURPLUS FUNDS RECEIVED
IRS990/OtherRevenueMiscGrp/Desc12013 SURPLUS FUNDS RECEIVED
IRS990/OtherRevenueMiscGrp/Desc2GAIN/LOSS ON SALE OF ASSETS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt110000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2-82741
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt110000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-82741
IRS990/OtherRevenueTotalAmt0-62741
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0232650
IRS990/OtherSalariesAndWagesGrp/TotalAmt0232650
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt053643
IRS990/PayrollTaxesGrp/TotalAmt053643
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014887
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016179
IRS990/PrincipalOfficerNm0LEE C GARDNER JR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0ROOM CHARGE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1MEAL PLAN INCOME
IRS990/ProgramServiceRevenueGrp/Desc2ARA COMMISSION INCOME
IRS990/ProgramServiceRevenueGrp/Desc3RENTAL PROPS HELD FOR SALE
IRS990/ProgramServiceRevenueGrp/Desc4APPLICATION FEE INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt044193
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02499522
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1526840
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt249790
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt311583
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02499522
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1526840
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt249790
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt344193
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt411583
IRS990/ProgSrvcAccomActy2Grp/Desc0REAL PROPERTY PROGRAM EXPENSE - WINTHROP REAL ESTATE FOUNDATION, INC. SERVES AS THE CONDUIT THROUGH WHICH GIFTS OF REAL ESTATE AND PROPERTY ARE RECEIVED AND LIQUIDATED TO ADVANCE THE MISSION OF WINTHROP UNIVERSITY. THIS PROGRAM BEARS ALL RISK AND LIABILITY ASSOCIATED WITH OWNING, TRANSFERING, LEASING AND SELLING THE REAL PROPERTY WITH ALL PROCEEDS BEING PASSED THROUGH WINTHROP UNIVERSITY FOUNDATION TO SUPPORT THE UNIVERSITY IN ITS MISSION TO PROVIDE NATIONALLY RECOGNIZED UNDERGRADUATE AND GRADUATE EDUCATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01670
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt044193
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06295
IRS990/PYOtherExpensesAmt02390273
IRS990/PYOtherRevenueAmt081775
IRS990/PYProgramServiceRevenueAmt02964232
IRS990/PYRevenuesLessExpensesAmt0387662
IRS990/PYSalariesCompEmpBnftPaidAmt0274367
IRS990/PYTotalExpensesAmt02664640
IRS990/PYTotalRevenueAmt03052302
IRS990/ReconcilationRevenueExpnssAmt0144525
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03101135
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03923184
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03897252
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 102,422
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt060000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt060001
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03980
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06295
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0309
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010584
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03038394
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt020000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt081775
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0338
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0309
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0102422
IRS990ScheduleA/PublicSupportCY170Pct00.34680
IRS990ScheduleA/PublicSupportPY170Pct00.90810
IRS990ScheduleA/PublicSupportTotal170Amt060001
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt060000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt060001
IRS990ScheduleA/TotalSupportAmt0173007
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt011907803
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04855114
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016762917
IRS990ScheduleD/ExpensesSubtotalAmt03004389
IRS990ScheduleD/LandGrp/BookValueAmt0535823
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0535823
IRS990ScheduleD/RevenueSubtotalAmt03148914
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012443626
IRS990ScheduleD/TotalExpensesPerForm990Amt03004389
IRS990ScheduleD/TotalRevenuePerForm990Amt03148914
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03148914
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03004389
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02011-12-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0570960018
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt017315000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0SC JOBS - ECONOMIC DVELOPMENT AUTHO
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0REFUND A PRIOR ISSUE
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0true
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt0495000
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0PROPERTY TAX VALUES
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt060000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WUREF, INC. SERVES AS THE CONDUIT THROUGH WHICH GIFTS OF REAL ESTATE AND PROPERTY ARE RECEIVED AND LIQUIDATED TO ADVANCE THE MISSION OF WINTHROP UNIVERSITY; TO DEVELOP, OWN, MANAGE, LEASE, AND SELL REAL ESTATE AND PROPERTY; AND TO PROTECT THE REAL ESTATE ASSETS OF THE WINTHROP FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANTRIM, LLC ANTRIM, LLC MEMBER MEMBER PARTNERS IN SAME BUSINESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWED BY THE CEO AND COO PRIOR TO FILING AND THEN PASSED TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0WUREF DEVELOPMENT LLC

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,520,621
Liabilities
$15,964,341
Net assets
$1,556,280
Revenue
$3,148,914
Expenses
$3,004,389
Net income
$144,525
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.0$9.93$5.09$5.09$4.85$0.23
2023Detailed filing. Detailed filing data is available for this year.$16.0$11.1$4.85$4.87$4.18$0.68
2022Detailed filing. Detailed filing data is available for this year.$16.7$12.5$4.17$4.36$3.54$0.82
2021Detailed filing. Detailed filing data is available for this year.$16.0$12.6$3.35$4.07$2.68$1.39
2020Detailed filing. Detailed filing data is available for this year.$15.4$13.4$1.96$2.46$2.35$0.12
2019Detailed filing. Detailed filing data is available for this year.$15.6$13.7$1.84$3.89$4.42$0.53
2018Detailed filing. Detailed filing data is available for this year.$17.3$14.9$2.37$3.58$3.44$0.14
2017Detailed filing. Detailed filing data is available for this year.$17.0$14.8$2.23$3.39$3.09$0.30
2016Detailed filing. Detailed filing data is available for this year.$17.2$15.3$1.93$3.17$2.79$0.38
2015Detailed filing. Detailed filing data is available for this year.$17.5$16.0$1.56$3.15$3.00$0.14
2014Detailed filing. Detailed filing data is available for this year.$17.8$16.3$1.41$3.05$2.66$0.39
2013Detailed filing. Detailed filing data is available for this year.$17.8$16.8$1.02$2.61$2.42$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$17.1$0.83$2.22
2011Summary only. Only limited summary data is available for this year.$18.1$17.4$0.61$2.49$2.50$0.01