2025-02-27T14:53:05-06:00 2024-05-31 BDO USA 421 Fayetteville Street Suite 300 Raleigh NC 27601 990 2023-06-01 566049935 Wingate University % MELISSA PERDUE WING 8007555550 PO BOX 159 Wingate NC 28174 Melissa Perdue CFO 8007555550 2025-02-26 true true Sandra L Feinsmith P01064157 9192781936 2025-02-24 2023 2025-03-06 01:10:19Z DR T RHETT BROWN PO BOX 159 Wingate NC 28174 217074683 false X WWW.WINGATE.EDU X 1896 NC A COMPREHENSIVE EDUCATIONAL INSTITUTION OFFERING BACCALAUREATE, MASTERS, AND DOCTORAL DEGREES. 36 36 1773 52 2232283 0 14007819 10013528 144517048 145518262 5852239 5605456 3308709 3100211 167685815 164237457 77309457 79559527 0 0 50088149 50160262 0 0 2093428 41559917 41217898 168957523 170937687 -1271708 -6700230 294510803 295711975 93246575 91320613 201264228 204391362 THE MISSION OF WINGATE UNIVERSITY IS TO DEVELOP EDUCATED, ETHICAL, AND PRODUCTIVE GLOBAL CITIZENS. FOLLOWING ITS JUDEO-CHRISTIAN HERITAGE, THE UNIVERSITY SEEKS TO CULTIVATE THE FOLLOWING IN ITS STUDENTS: KNOWLEDGE, FAITH, AND SERVICE. false false 134389374 79559527 145913031 WINGATE UNIVERSITY SERVES STUDENTS ON THREE CAMPUSES IN WINGATE, BALLANTYNE, AND HENDERSONVILLE, NC. THE UNIVERSITY OFFERS 36 UNDERGRADUATE MAJORS, 64 MINORS AND CAREER CONCENTRATIONS, NUMEROUS PRE-PROFESSIONAL PROGRAMS, GRADUATE DEGREES IN BUSINESS, ACCOUNTING, EDUCATION, PHYSICIAN ASSISTANT STUDIES AND SPORT MANAGEMENT, AND DOCTORATES IN PHARMACY, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, AND EDUCATION. DURING THE FISCAL YEAR ENDED MAY 31, 2024, FALL STUDENT ENROLLMENT WAS 3,325 AND SPRING STUDENT ENROLLMENT WAS 3,105. THE TOTAL NUMBER OF GRADUATES WAS 806. FINANCIAL AID WAS RECEIVED BY 3,365 STUDENTS. SCHOLARSHIPS WERE GRANTED TO 2,827 STUDENTS. 134389374 true true false false false false false false false true true false false false false true false true true false true false true false true false false false true true true false false false false false false false true false false true false false false true true false false false true 4117 0 true 1773 true true true false false false false true true false false false false false false X 36 36 false false false false false false false true true false false true true true true true true true true false NC X MELISSA PERDUE 7042338219 PO BOX 159 WINGATE NC 28174 X THOMAS RHETT BROWN PRESIDENT 40.0 0.0 X 376727 0 69761 SUSAN P BRUCE DEAN OF SOP 40.0 0.0 X 274633 0 20089 JAMES R BULLOCK SVP 40.0 0.0 X 274529 0 19715 BENJAMIN SIDBURY SVP GENERAL COUNSEL 40.0 0.0 X 255136 0 19278 HEATHER CAMPBELL MILLER SVP CHIEF OF STAFF 40.0 0.0 X 222086 0 32732 JEFFREY FREDERICK PROVOST & EXECUTIVE VP 40.0 0.0 X 226944 0 25608 MELISSA PERDUE CFO 40.0 0.0 X 218689 0 16640 ERIC F SCHNEIDER VICE PROVOST 40.0 0.0 X 182785 0 15591 STEVE SHANK VICE PRESIDENT 40.0 0.0 X 180569 0 9690 SERGIO CASTELLO DEAN OF SCHOOL OF BUSINESS 40.0 0.0 X 163042 0 22503 DAVID WEIL DIR. OF PHYSICIAN ASST. PRGM. 40.0 0.0 X 156150 0 22692 JOEL BARHAM TRUSTEE 0.5 0.0 X 0 0 0 JANICE G BEATTY-HENDLEY TRUSTEE 0.5 0.0 X 0 0 0 AMOS BEASON TRUSTEE 0.5 0.0 X 0 0 0 AUDLEY L BELL TRUSTEE 0.5 0.0 X 0 0 0 JASON BERND TRUSTEE 0.5 0.0 X 0 0 0 RUSSELL W BOOKER TRUSTEE 0.5 0.0 X 0 0 0 PAULA D BORDEN TRUSTEE 0.5 0.0 X 0 0 0 BENTON BRAGG TRUSTEE 0.5 0.0 X 0 0 0 PATRICK C BROWN TRUSTEE 0.5 0.0 X 0 0 0 REBECCA B BULLARD TRUSTEE 0.5 0.0 X 0 0 0 G FRANK CAGLE TRUSTEE 0.5 0.0 X 0 0 0 WAYNE P COOPER TRUSTEE 0.5 0.0 X 0 0 0 GEORGE MORRISON CREECH TRUSTEE 0.5 0.0 X 0 0 0 WILLIAM T CROWDER JR TRUSTEE 0.5 0.0 X 0 0 0 CECIL DIXON TRUSTEE 0.5 0.0 X 0 0 0 C ANGELIA DUNCAN TRUSTEE 0.5 0.0 X 0 0 0 KIMBERLY S EAGLE TRUSTEE 0.5 0.0 X 0 0 0 KACEY M GRANTHAM TRUSTEE 0.5 0.0 X 0 0 0 JOHN N HENDLEY TRUSTEE 0.5 0.0 X 0 0 0 GREGORY I HINRICHS TRUSTEE 0.5 0.0 X 0 0 0 RONALD G HINSON TRUSTEE 0.5 0.0 X 0 0 0 D CRAIG HORN TRUSTEE 0.5 0.0 X 0 0 0 CHARLES A HOWARD II TRUSTEE 0.5 0.0 X 0 0 0 MARIA LANDER TRUSTEE 0.5 0.0 X 0 0 0 JAMES W MASON III TRUSTEE 0.5 0.0 X 0 0 0 CAROLYN D MATTHEWS TRUSTEE 0.5 0.0 X 0 0 0 LUTHER T MOORE TRUSTEE 0.5 0.0 X 0 0 0 MARIA T MORTIS TRUSTEE 0.5 0.0 X 0 0 0 M LYNN MOSS TRUSTEE 0.5 0.0 X 0 0 0 FONDA G SALGUEIRO TRUSTEE 0.5 0.0 X 0 0 0 ANDREW T SMART TRUSTEE 0.5 0.0 X 0 0 0 ROBERT J SPENCE III TRUSTEE 0.5 0.0 X 0 0 0 JOHNNY L TILLETT TRUSTEE 0.5 0.0 X 0 0 0 CARL TUCKER TRUSTEE 0.5 0.0 X 0 0 0 DOUGLAS E TURNER JR TRUSTEE 0.5 0.0 X 0 0 0 EDWARD L WEST TRUSTEE 0.5 0.0 X 0 0 0 2531290 0 274299 92 false true false CHARTWELLS HIGHER EDUCATION PO Box 417632 BOSTON MA 022417632 FOOD SERVICE 6899373 THE BANK OF NEW YORK MELLON 4655 SALISBURY ROAD SUITE 300 JACKSONVILLE FL 32256 FINANCIAL SERVICES 5097378 HOSS CONTRACTING INC PO BOX 968 MONROE NC 28111 CONSTRUCTION SVCS 2300867 EAB PO BOX 603519 CHARLOTTE NC 282603519 STUDENT SERVICES 2060436 COLLABORATIVE SOLUTIONS LLC 300 FRANK W BURR BLVD SUITE 36 6T TEANECK NJ 07666 CONSULTING SERVICES 1294322 28 79396 599017 9335115 276152 10013528 TUITION & FEES 611310 121429627 121429627 HOUSING 611310 13224995 13224995 FOOD SERVICE REVENUE 611310 7013764 7013764 ATHLETIC & OTHER INCOME 611310 3210077 3210077 UNIVERSITY SPIRIT STORE 611310 639799 639799 145518262 2876310 2876310 0 0 501809 0 501809 0 501809 501809 55526502 52797356 2729146 2729146 2729146 11220 79396 39870 -28650 -28650 0 0 0 0 0 0 GOLF COURSE 713910 2232283 2232283 PARKING FEES 611310 310999 310999 CAMPS & CONFERENCES 713940 83770 83770 2627052 164237457 145913031 2232283 6078615 0 69166313 69166313 10393214 10393214 0 1754483 839151 915332 0 38406853 29141354 7937083 1328416 1466497 964313 465353 36831 5710966 4899008 578100 233858 2821463 1855286 895315 70862 0 100819 100819 290858 290858 0 0 74306 74306 0 20400 13414 6474 512 0 3757546 1891510 1699665 166371 0 2823936 1553165 1253827 16944 1976920 1883949 69559 23412 0 0 3742219 3742219 0 7056330 3567514 3488816 453199 453199 FOOD SRVCS CONTRACT SRVCS 6368888 6368888 UBI EXPENSES FROM GOLF 2791060 2791060 GRADUATE & PROFESSIONAL 2288936 2288936 OTHER CONTRACT SERVICES 863276 271162 592114 8609205 5661085 2731898 216222 170937687 134389374 34454885 2093428 9957 9954 19369350 14725663 9595377 10504669 6206801 4294987 0 0 0 0 0 0 151672 152513 1332181 767735 261980561 104779019 160177997 157201542 89586372 101529208 823297 923248 0 0 0 0 7257799 5602456 294510803 295711975 5524187 6465982 0 0 6238386 5895643 64931423 64836616 0 0 0 0 7267579 6207372 9285000 7915000 0 0 93246575 91320613 X 75789522 70958754 125474706 133432608 201264228 204391362 294510803 295711975 X -6700230 9727277 -10118 110205 X X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 125060933 967861 14155991 5599000 0 0 134585785 110767341 1433260 18029568 5168396 840 0 125060933 119206869 1844063 -4993185 4957111 333295 0 110767341 99160577 947605 24078209 4798128 181394 0 119206869 96803871 2323458 4833024 4629320 170456 0 99160577 0.07340 0.59000 0.33660 false false 1841472 6526771 8368243 30684500 167580449 62479192 135785757 13798858 13239255 559603 34646664 28541722 6104942 6901847 518850 6382997 157201542 0 0 X 91714234 9727277 9727277 81986957 82250500 82250500 164237457 88587100 88587100 82350587 82350587 170937687 SCHEDULE D, PART V, LINE 4: ENDOWMENT FUNDS ARE USED AS DIRECTED BY DONOR STIPULATION AND APPLICABLE LAWS. THESE RESOURCES FUND SCHOLARSHIPS AND GRANTS, PLANT FACILITIES, AND OTHER PROGRAMS AND INITIATIVES THAT FURTHER THE VISION AND MISSION OF THE UNIVERSITY. SCHEDULE D, PART X, LINE 2: MANAGEMENT EVALUATED THE UNIVERSITY'S TAX POSITIONS AND CONCLUDED THAT THE UNIVERSITY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FASB. SCHEDULE D, Part XI, Line 4B: GRANTS AND SCHOLARSHIPS $79,559,527 GOLF COURSE EXPENSES NETTED AGAINST REVENUE $ 2,791,060 Wingate Real Estate Holdings PPA $ 10,118 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $ (110,205) TOTAL $82,250,500 SCHEDULE D, Part XII, Line 4B: GRANTS AND SCHOLARSHIPS $79,559,527 GOLF COURSE EXPENSES NETTED AGAINST REVENUE $ 2,791,060 TOTAL $82,350,587 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3: WINGATE UNIVERSITY PUBLICIZES ITS RACIALLY NON-DISCRIMINATORY POLICY ON ITS WEBSITE. SCHEDULE E, PART I, LINE 6: TO FURTHER EDUCATIONAL MISSIONS, WINGATE UNIVERSITY RECEIVES FINANCIAL AID AND ASSISTANCE FROM VARIOUS FEDERAL AND STATE PROGRAMS IN SUPPORT OF ITS STUDENTS. true Europe (Including Iceland and Greenland) 0 0 Grantmaking 6436446 Sub-Saharan Africa 0 0 Grantmaking 1532162 South America 0 0 Grantmaking 740909 Central America and the Caribbean 0 0 Grantmaking 504062 North America 0 0 406936 East Asia and the Pacific 0 0 369163 Europe (Including Iceland and Greenland) 0 0 Program Services W'INTL. PRGM FOR STUD. 239289 Middle East and North Africa 0 0 206110 Russia and the Newly Independent States 0 0 Grantmaking 138648 South Asia 0 0 58778 Central America and the Caribbean 0 0 Program Services MEDICAL BRIGADE 9082 North America 0 0 Program Services FACULTY CONFERENCES 2993 0 0 0 0 10644578 10644578 SCHOLARSHIP EUROPE/ICELAND/GREENLAND 366 6436446 SCHOLARSHIP SUB-SAHARAN AFRICA 107 1532162 SCHOLARSHIP SOUTH AMERICA 47 740909 SCHOLARSHIP Central America and the Caribbean 34 504062 SCHOLARSHIP NORTH AMERICA 23 406936 SCHOLARSHIP EAST ASIA/PACIFIC 22 369163 SCHOLARSHIP MIDDLE EAST/NORTH AFRICA 13 206110 SCHOLARSHIP RUSSIA/NEWLY IND. STATES 6 138648 SCHOLARSHIP SOUTH ASIA 6 58778 false false false false false false SCHEDULE F, PART I, LINE 2: ELIGIBILITY FOR NEED-BASED SCHOLARSHIPS AND GRANTS IS DETERMINED ANNUALLY BASED UPON THE RESULTS OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). ACADEMIC SCHOLARSHIPS ARE AWARDED UPON ENROLLMENT AND ELIGIBILITY IS FOR THE EIGHT SEMESTERS. AT THE END OF EACH SEMESTER, THE FINANCIAL PLANNING DEPARTMENT VERIFIES SATISFACTORY ACADEMIC PROGRESS HAS BEEN MAINTAINED IN ORDER TO DETERMINE CONTINUATION OF ALL SCHOLARSHIPS. PRESIDENT'S CUP 72260 68800 3460 14550 10447 8204 CONNELL GOLF 18356 10596 7760 3666 3003 0 90616 79396 11220 18216 10447 11207 39870 -28650 true ACADEMIC SCHOLARSHIPS 2108 57294391 ATHLETIC SCHOLARSHIPS 275 4335654 ENDOWED SCHOLARSHIPS 806 3852244 NEED BASED & OTHER INSTITUTIONAL SCHOLARSHIPS 553 3085956 RESTRICTED ANNUAL SCHOLARSHIPS 124 598068 SCHEDULE I, PART I, LINE 2: ELIGIBILITY FOR NEED-BASED SCHOLARSHIPS AND GRANTS IS DETERMINED ANNUALLY BASED UPON THE RESULTS OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). ACADEMIC SCHOLARSHIPS ARE AWARDED UPON ENROLLMENT AND ELIGIBILITY IS FOR THE EIGHT SEMESTERS. AT THE END OF EACH SEMESTER, THE FINANCIAL PLANNING DEPARTMENT VERIFIES SATISFACTORY ACADEMIC PROGRESS HAS BEEN MAINTAINED IN ORDER TO DETERMINE CONTINUATION OF ALL SCHOLARSHIPS. X X true true X X X false false false false false false false false false THOMAS RHETT BROWN PRESIDENT 376727 0 0 0 0 0 48560 0 21201 0 446488 0 0 0 JAMES R BULLOCK SVP 274529 0 0 0 0 0 13289 0 6426 0 294244 0 0 0 BENJAMIN SIDBURY SVP GENERAL COUNSEL 255136 0 0 0 0 0 12852 0 6426 0 274414 0 0 0 JEFFREY FREDERICK PROVOST & EXECUTIVE VP 226944 0 0 0 0 0 11570 0 14038 0 252552 0 0 0 HEATHER CAMPBELL MILLER SVP CHIEF OF STAFF 222086 0 0 0 0 0 11531 0 21201 0 254818 0 0 0 MELISSA PERDUE CFO 218689 0 0 0 0 0 10914 0 5726 0 235329 0 0 0 SUSAN P BRUCE DEAN OF SOP 274633 0 0 0 0 0 13838 0 6251 0 294722 0 0 0 ERIC F SCHNEIDER VICE PROVOST 182785 0 0 0 0 0 9220 0 6371 0 198376 0 0 0 STEVE SHANK VICE PRESIDENT 180569 0 0 0 0 0 9008 0 682 0 190259 0 0 0 SERGIO CASTELLO DEAN OF SCHOOL OF BUSINESS 163042 0 0 0 0 0 8504 0 13999 0 185545 0 0 0 DAVID WEIL DIR. OF PHYSICIAN ASST. PRGM. 156150 0 0 0 0 0 8092 0 14600 0 178842 0 0 0 SCHEDULE J, PART I, LINE 1A: THE PRESIDENT'S SPOUSE CAN TRAVEL WITH THE PRESIDENT AND IS CONSIDERED A REPRESENTATIVE OF THE UNIVERSITY. ALSO, THE UNIVERSITY PROVIDES CLUB MEMBERSHIPS TO CERTAIN KEY INDIVIDUALS FOR RELATIONSHIP BUILDING PURPOSES. DUE TO THE NATURE OF THESE MEMBERSHIPS, THE COSTS ARE INCLUDED IN THE EMPLOYEE'S COMPENSATION. A WISCONSIN PUBLIC FINANCE AUTHORITY 273866124 07443DEX5 2018-12-13 66490062 REFINANCE PRIOR BOND ISSUE AND OTH false true false A 48658017 48658017 66490062 0 0 0 554169 0 0 17277876 0 0 2018 true true true true A false false false false 0.00000 0.00000 0.00000 false false false false A false false false true false false 0 false 0 false false A true SCHEDULE K, PART I, BOND ISSUES: (A) ISSUER NAME: WISCONSIN PUBLIC FINANCE AUTHORITY (F) DESCRIPTION OF PURPOSE: REFINANCE PRIOR BOND ISSUE AND OTHER DEBT; CAPITAL PROJECTS SCHEDULE K, PART IV, LINE 2C: The rebate computation was completed 12/13/2023. RONALD G HINSON TRUSTEE 90959 VENDOR - HINSON ELECTRIC false JOHNNY TILLET TRUSTEE 59675 LAW FIRM - MCGUIRE WOODS false X 7 273824 FMV X RAFFLE PRIZES 1 1850 FMV X CASES OF BEER 1 478 FMV false true true SCHEDULE M, PART I, COLUMN (B): THE NUMBER IN COLUMN B REFLECTS THE NUMBER OF CONTRIBUTIONS. SCHEDULE M, PART I, LINE 32B: THE ORGANIZATION USES A REAL ESTATE AGENT TO SELL CONTRIBUTED REAL PROPERTY. Form 990, Part VI, Section A, Line 1a: THE EXECUTIVE COMMITTEE FOCUSES THE BOARD ON MATTERS OF THE GREATEST IMPORTANCE TO THE UNIVERSITY, PLANS THE AGENDA FOR BOARD MEETINGS, COORDINATES COMMITTEE ACTIVITIES, ADVISES THE PRESIDENT, PROVIDES FOR PERIODIC REVIEW AND ASSESSMENT OF THE PRESIDENT, AND REVIEWS THE COMPENSATION AND SUPPORT OF THE PRESIDENT. THE EXECUTIVE COMMITTEE ENSURES THAT THE BOARD DISCHARGES ITS FIDUCIARY DUTIES, EXERCISES BOARD GOVERNANCE, AND COMPLIES FULLY WITH THE BYLAWS. THE EXECUTIVE COMMITTEE EXERCISES ALL POWERS AND AUTHORITY OF THE FULL BOARD OF TRUSTEES WHEN THE FULL BOARD OF TRUSTEES IS NOT IN SESSION; PROVIDED, HOWEVER, THAT THE EXECUTIVE COMMITTEE SHALL NOT (A) APPROVE DISSOLUTION, MERGER OR THE SALE, PLEDGE, OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE UNIVERSITY'S ASSETS; (B) ELECT, APPOINT OR REMOVE TRUSTEES, OR FILL VACANCIES ON THE BOARD OF TRUSTEES, OR (C) ADOPT, AMEND OR REPEAL THE ARTICLES OF INCORPORATION OF THE UNIVERSITY OR THESE BYLAWS. THE EXECUTIVE COMMITTEE SHALL KEEP A FULL AND COMPLETE RECORD OF ALL ITS ACTS AND TRANSACTIONS, AND SHALL REPORT ITS ACTIONS TO THE FULL BOARD OF TRUSTEES AT EACH REGULAR OR SPECIAL MEETING THEREOF. FORM 990, PART VI, SECTION B, LINE 11B: THE 990 IS REVIEWED BY THE AUDIT COMMITTEE PRIOR TO SUBMISSION. THE 990 IS THEN PROVIDED TO THE BOARD MEMBERS AND DISCUSSED IN A MEETING OF THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C: THE CONFLICT OF INTEREST POLICY COVERS ALL TRUSTEES AND KEY EMPLOYEES. EACH PERSON INFORMS WINGATE OF ANY POSSIBLE CONFLICT ON THE FORM THEY SIGN. THE CONFLICT OF INTEREST POLICY APPLIES ON MAJOR CONTRACTUAL ARRANGEMENTS WHERE OFFICERS, TRUSTEES, OR KEY EMPLOYEES HAVE AN INTEREST; TOTAL DISCLOSURE TO DECISION MAKER IS MADE. THE AFFECTED INDIVIDUAL RECUSES HIM/HERSELF FROM PARTICIPATING IN DISCUSSION AND VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15: THE UNIVERSITY WAS ADVISED BY A COMPENSATION AND BENEFITS OUTSIDE ADVISOR TO REVIEW AND DISCUSS THE RESULTS OF PRESIDENTIAL COMPENSATION OF A PEER GROUP OF UNIVERSITIES IN NORTH AND SOUTH CAROLINA WITH THOSE AT WINGATE UNIVERSITY. THE UNIVERSITY AND CONSULTANT DISCUSSED THE RESULTS AND CONCLUDED THAT THE COMPENSATION FOR THE PRESIDENT WAS CONSISTENT WITH THE PEER GROUP, AS WELL AS APPROPRIATE IN THE CONTEXT OF MARKET CONDITIONS FOR HIGHER EDUCATION IN THE CAROLINAS. ON THE BASIS OF THESE FINDINGS, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES APPROVED PRESIDENT'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19: FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VII, SECTION A, COLUMN F: THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN COLUMN F, PART VII AND IS NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $110,205 FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE'S PROCESS OF AUDIT EVALUATION HAS NOT CHANGED SINCE THE PRIOR YEAR. WINGATE REAL ESTATE HOLDINGS LLC PO BOX 159 WINGATE NC 28174 GOLF COURSES NC 2232283 3901542 WINGATE UNIV SCHEDULE R, PART I, IDENTIFICATION OF DISREGARDED ENTITIES: NAME: WINGATE REAL ESTATE HOLDINGS LLC PRIMARY ACTIVITY: HOLD WINGATE HOLDINGS LLC & WINGATE HOLDINGS II LLC TO OPERATE GOLF COURSES DIRECT CONTROLLING ENTITY: WINGATE UNIVERSITY