Civic Intelligence

Winthrop University Real Estate Foundation Inc

990 • Fiscal year 2017 • EIN 57-1102885

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

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

88th percentile

0.87x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

4.36x

Higher debt load relative to revenue than 93% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

66th percentile

8.8%

Higher net margin than 66% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

26th percentile

-1.3%

Faster asset growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

56th percentile

6.9%

Faster revenue growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$16,988,233

Down $222,554 (-1.3%) from 2016

Net Assets

Up

$2,228,569

Up $296,549 (+15%) from 2016

Liabilities

Down

$14,759,664

Down $519,103 (-3.4%) from 2016

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin66th percentile

Revenue

Up

$3,389,084

Up $218,509 (+6.9%) from 2016

Expenses

Up

$3,092,535

Up $297,700 (+11%) from 2016

Net Income

Down

$296,549

Down $79,191 (-21%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth26th 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

2017

Assets$16,988,233
Liabilities$14,759,664
Net Assets$2,228,569
Open 2017 Filing

Operations Trend

Revenue Growth56th 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

2017

Revenue$3,389,084
Expenses$3,092,535
Net Income$296,549
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.3
Gross Receipts
$3,389,084
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$12,117,564$11,791,503▼ $326,061
Savings and Temporary Cash Investments$3,778,886$3,882,390▲ $103,504
Investments Program Related$768,000$668,000▼ $100,000
Cash and Non-Interest-Bearing Accounts$277,383$370,884▲ $93,501
Accounts Receivable$127,342$140,842▲ $13,500
Intangible Assets$125,396$118,397▼ $6,999
Prepaid Expenses and Deferred Charges$16,216$16,217▲ $1
Total Assets$17,210,787$16,988,233▼ $222,554
Liabilities
Tax Exempt Bond Liabilities$14,940,000$14,390,000▼ $550,000
Accounts Payable and Accrued Expenses$338,767$369,664▲ $30,897
Total Liabilities$15,278,767$14,759,664▼ $519,103
Net Assets / Fund Balance
Unrestricted Net Assets$1,003,533$1,387,374▲ $383,841
Temporarily Rstr Net Assets$928,487$841,195▼ $87,292
Total Net Assets Fund Balance$1,932,020$2,228,569▲ $296,549
Total Liabilities and Net Assets / Fund Balance$17,210,787$16,988,233▼ $222,554

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,255,680$5,507,237$16,762,917
Land$535,823-$535,823
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Karl FolkensChair
Alexander SpottsDirector
Baxter SimpsonDirector
Catherine FairclothDirector
David VippermanDirector
Dawn C JohnsonDirector
Dennis StuberDirector
Greg FitzgeraldDirector
Joshua VannDirector
Lee GardnerDirector
Pam MorrellDirector
Randy GrahamDirector
Todd LumpkinDirector
Andy SheneEx-officio
Dr Daniel MahoneyEx-officio
John P MckeeEx-officio
Robyn EmbryEx-officio
Walter HardinEx-officio
L Keith WilliamsExecutive Di
Revenue and Support

Revenue Composition

Contributions and Grants
$93,000
Program Service Revenue
$3,241,186
Investment Income
$29,848
Other Revenue
$25,050
All Other Contributions
$93,000
Change in Net Assets
$296,549

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 Amount
Real Estate Other1$93,000
Total Noncash Contributions1$93,000

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,389,084
Total Revenue per Audited Statements
$3,389,084
Total Revenue per Form 990
$3,389,084
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,816,471
Salaries, Compensation, and Employee Benefits$276,064
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$711,263--$711,263
Depreciation Depletion$333,060--$333,060
All Other Expenses$291,228$21,991-$313,219
Other Salaries and Wages$220,724--$220,724
Other Expenses$187,942--$187,942
Fees for Services Management$156,443--$156,443
Insurance$74,594--$74,594
Payroll Taxes$55,340--$55,340
Information Technology$45,000--$45,000
Fees for Services Accounting-$20,050-$20,050
Office Expenses$1,300$1,658-$2,958
Total Functional Expenses$3,048,836$43,699$0$3,092,535

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,092,535
Total Expenses per Audited Statements$3,092,535
Total Expenses per Form 990$3,092,535
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----

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
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
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karl Folkens
Formed
1999
Legal Domicile
Sc
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Knoble Ingle Cpas Llp
Address
133 CALDWELL ST, ROCK HILL, SC 29730-4533
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.”

Form 990, Part IX, Line 24E

“Repairs and replacement 95,121 0 0 water 42,490 0 0 minor equipment 34,918 0 0 contract services - other 29,543 0 0 surplus tsfr to wre, llc 25,000 0 0 maintenance expense 24,426 0 0 other expenses 22,637 0 0 telephone expense 0 8,359 0 gain/loss on sale of asse 0 5,341 0 trustee fees 5,241 0 0 phone equip rent 0 5,040 0 tsfr exp to wu fdtn - nor 4,400 0 0 rent-other 3,811 0 0 legal fees 0 2,754 0 other costs and losses 1,484 0 0 rent-non adp equip 820 0 0 other supplies 630 0 0 meetings expense 0 380 0 other expense 300 52 0 natural gas 118 0 0 it minor equipment 107 0 0 taxes & licenses 70 0 0 printing/adv exp - other 68 0 0 bank service charges 0 65 0 metered mail expense 29 0 0 repairs equipment 15 0 0 total 291,228 21,991 0”

Raw XML AppendixShowing 400 of 567 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0338767
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0369664
IRS990/AccountsReceivableGrp/BOYAmt0127342
IRS990/AccountsReceivableGrp/EOYAmt0140842
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0WUREF, 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.
IRS990/AllOtherContributionsAmt093000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt021991
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0291228
IRS990/AllOtherExpensesGrp/TotalAmt0313219
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0L KEITH WILLIAMS
IRS990/BooksInCareOfDetail/PhoneNum08033232374
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0701 OAKLAND AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROCK HILL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029733
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0277383
IRS990/CashNonInterestBearingGrp/EOYAmt0370884
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt093000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt029848
IRS990/CYOtherExpensesAmt02816471
IRS990/CYOtherRevenueAmt025050
IRS990/CYProgramServiceRevenueAmt03241186
IRS990/CYRevenuesLessExpensesAmt0296549
IRS990/CYSalariesCompEmpBnftPaidAmt0276064
IRS990/CYTotalExpensesAmt03092535
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03389084
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0333060
IRS990/DepreciationDepletionGrp/TotalAmt0333060
IRS990/Desc0WUREF DEVELOPMENT LLC, DBA THE COURTYARD AT WINTHROP, (THE "COMPANY") IS A SOUTH CAROLINA LIMITED LIABILITY COMPANY ORGANIZED UNDER THE LAWS OF THE STATE OF SOUTH CAROLINA ON DECEMBER 13, 2001. THE PURPOSE OF THE COMPANY IS TO PROVIDE RESIDENTS OF THE COURTYARD AT WINTHROP A HOUSING OPPORTUNITY THAT PROMOTES COMMUNITY, COMFORT, AND CONVENIENCE THAT ENHANCES THE TOTAL UNIVERSITY EXPERIENCE. THE COMPANY'S CHARGE IS TO ENSURE THE CONTINUED VIABILITY OF THE COURTYARD AT WINTHROP THROUGH MAXIMUM OCCUPANCY PERCENTAGES AND FISCAL RESPONSIBILITY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt03026199
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt020050
IRS990/FeesForServicesAccountingGrp/TotalAmt020050
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0156443
IRS990/FeesForServicesManagementGrp/TotalAmt0156443
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/PersonNm0KARL FOLKENS
IRS990/Form990PartVIISectionAGrp/PersonNm1GREG FITZGERALD
IRS990/Form990PartVIISectionAGrp/PersonNm2DR DANIEL MAHONEY
IRS990/Form990PartVIISectionAGrp/PersonNm3LEE GARDNER
IRS990/Form990PartVIISectionAGrp/PersonNm4TODD LUMPKIN
IRS990/Form990PartVIISectionAGrp/PersonNm5CATHERINE FAIRCLOTH
IRS990/Form990PartVIISectionAGrp/PersonNm6BAXTER SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm7PAM MORRELL
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID VIPPERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9DENNIS STUBER
IRS990/Form990PartVIISectionAGrp/PersonNm10RANDY GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm11ALEXANDER SPOTTS
IRS990/Form990PartVIISectionAGrp/PersonNm12DAWN C JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm13JOSHUA VANN
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN P MCKEE
IRS990/Form990PartVIISectionAGrp/PersonNm15WALTER HARDIN
IRS990/Form990PartVIISectionAGrp/PersonNm16ANDY SHENE
IRS990/Form990PartVIISectionAGrp/PersonNm17ROBYN EMBRY
IRS990/Form990PartVIISectionAGrp/PersonNm18L KEITH WILLIAMS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt15EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt16EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt17EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03389084
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt045000
IRS990/InformationTechnologyGrp/TotalAmt045000
IRS990/InsuranceGrp/ProgramServicesAmt074594
IRS990/InsuranceGrp/TotalAmt074594
IRS990/IntangibleAssetsGrp/BOYAmt0125396
IRS990/IntangibleAssetsGrp/EOYAmt0118397
IRS990/InterestGrp/ProgramServicesAmt0711263
IRS990/InterestGrp/TotalAmt0711263
IRS990/InvestmentIncomeGrp/ExclusionAmt029848
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt029848
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0768000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0668000
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05507237
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012117564
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011791503
IRS990/LandBldgEquipCostOrOtherBssAmt017298740
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0WUREF, 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01932020
IRS990/NetAssetsOrFundBalancesEOYAmt02228569
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt093000
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01658
IRS990/OfficeExpensesGrp/ProgramServicesAmt01300
IRS990/OfficeExpensesGrp/TotalAmt02958
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0SURPLUS TSFR TO WU
IRS990/OtherExpensesGrp/Desc1FOOD SERVICES
IRS990/OtherExpensesGrp/Desc2POWER
IRS990/OtherExpensesGrp/Desc3TRANSFER PROPERTY-WU FOUN
IRS990/OtherExpensesGrp/ProgramServicesAmt0402512
IRS990/OtherExpensesGrp/ProgramServicesAmt1373076
IRS990/OtherExpensesGrp/ProgramServicesAmt2196354
IRS990/OtherExpensesGrp/ProgramServicesAmt3187942
IRS990/OtherExpensesGrp/TotalAmt0402512
IRS990/OtherExpensesGrp/TotalAmt1373076
IRS990/OtherExpensesGrp/TotalAmt2196354
IRS990/OtherExpensesGrp/TotalAmt3187942
IRS990/OtherRevenueMiscGrp/Desc0SURPLUS FUNDS RECEIVED
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt025000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt150
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt150
IRS990/OtherRevenueTotalAmt025050
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0220724
IRS990/OtherSalariesAndWagesGrp/TotalAmt0220724
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt055340
IRS990/PayrollTaxesGrp/TotalAmt055340
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016216
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016217
IRS990/PrincipalOfficerNm0KARL FOLKENS
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/Desc4PARKING DECAL INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt034894
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02632418
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1490387
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt257125
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt317562
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02632418
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1490387
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt257125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt334894
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt417562
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/ExpenseAmt022637
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt034894
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt012758
IRS990/PYOtherExpensesAmt02519880
IRS990/PYProgramServiceRevenueAmt03157817
IRS990/PYRevenuesLessExpensesAmt0375740
IRS990/PYSalariesCompEmpBnftPaidAmt0274955
IRS990/PYTotalExpensesAmt02794835
IRS990/PYTotalRevenueAmt03170575
IRS990/ReconcilationRevenueExpnssAmt0296549
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03206292
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03778886
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03882390
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 102,113
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt093000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt060000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0153000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt064742
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt047052
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03980
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06295
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0122069
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03231342
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt081775
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0338
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0102113
IRS990ScheduleA/PublicSupportCY170Pct00.40560
IRS990ScheduleA/PublicSupportPY170Pct00.27270
IRS990ScheduleA/PublicSupportTotal170Amt0153000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt093000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt060000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0153000
IRS990ScheduleA/TotalSupportAmt0377182
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt011255680
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05507237
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016762917
IRS990ScheduleD/ExpensesSubtotalAmt03092535
IRS990ScheduleD/LandGrp/BookValueAmt0535823
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0535823
IRS990ScheduleD/RevenueSubtotalAmt03389084
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011791503
IRS990ScheduleD/TotalExpensesPerForm990Amt03092535
IRS990ScheduleD/TotalRevenuePerForm990Amt03389084
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03389084
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03092535
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
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt093000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,988,233
Liabilities
$14,759,664
Net assets
$2,228,569
Revenue
$3,389,084
Expenses
$3,092,535
Net income
$296,549
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