North Carolina Association Of Community College Trustees is located in Cary, NC. The organization was established in 1975. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, North Carolina Association Of Community College Trustees employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Association Of Community College Trustees is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, North Carolina Association Of Community College Trustees generated $504.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $499.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES EDUCATION & ORIENTATION FOR THE TRUSTEES OF NC COMMUNITY COLLEGES AND PROVIDES ADVOCACY FOR LEGISLATIVE ISSUES THAT WILL ACCOMPLISH
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP SEMINAR $ 60,395 LAW SEMINAR 66,942 LEGISLATIVE ADVOCACY 46,506 TRAINING 6,238
EDUCATIONAL PROGRAM/MATERIALS $ 2,845 RESEARCH & ANALYSIS 2,000
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julie Woodson Executive Director | 40 | $125,000 | |
John Watts Immediate Past Chair | OfficerTrustee | 4 | $0 |
Samuel Dickins III Chair | OfficerTrustee | 6 | $0 |
C Grayson Whitt Vice Chair | OfficerTrustee | 5 | $0 |
Gene Rees Secretary/treasurer | OfficerTrustee | 5 | $0 |
Lyn Austin Trustee | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $243,200 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $34,968 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $278,168 |
Total Program Service Revenue | $225,788 |
Investment income | $558 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $504,514 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $125,000 |
Compensation of current officers, directors, key employees. | $125,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $101,309 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $17,135 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $60,717 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $10,670 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $19,200 |
Travel | $8,069 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $127,337 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $467 |
Insurance | $1,514 |
All other expenses | $2,557 |
Total functional expenses | $499,057 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $563,819 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,525 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $8,101 |
Net Land, buildings, and equipment | $1,866 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,575 |
Total assets | $580,886 |
Accounts payable and accrued expenses | $20,446 |
Grants payable | $0 |
Deferred revenue | $187,900 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $208,346 |
Net assets without donor restrictions | $372,540 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $580,886 |
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Association For Supervision And Curriculum Development Arlington, VA | $74,879,436 | $26,629,493 |
National Science Teaching Association Arlington, VA | $24,488,010 | $16,846,179 |
American Society Of Pension Professionals & Actuaries Inc Arlington, VA | $34,260,839 | $23,358,827 |
National Board For Professional Teaching Standards Inc Arlington, VA | $7,108,000 | $15,320,880 |
Air Force Association Arlington, VA | $41,846,008 | $19,163,734 |
Virginia Education Association Inc Richmond, VA | $23,884,810 | $14,278,542 |
Tennessee Education Association Inc Nashville, TN | $10,428,351 | $9,646,926 |
Georgia School Boards Association Inc Lawrenceville, GA | $6,628,869 | $7,234,902 |
College And University Professional Association For Human Resources Knoxville, TN | $15,862,589 | $7,812,208 |