North Carolina State Grange
- Assets
- $23.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 7
- Location
- Statesville, NC
- Founding
- 06/1953
- Data as of
- 09/2021
- EIN
- 56-0544465
Organization Overview
North Carolina State Grange is located in Statesville, NC. The organization was established in 1953. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2021, North Carolina State Grange employed 7 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. North Carolina State Grange is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 09/2021, North Carolina State Grange generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.1m during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS AN AGRICULTURAL FRATERNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS ORGANIZED TO FOSTER A PROGRAM OF FELLOWSHIP, SERVICE TO COMMUNITY AND PROVIDE MEMBER ACTIVITIES. IT PROVIDES PROGRAM & SERVICES FOR MORE THAN 1600 MEMBERS THROUGHOUT NORTH CAROLINA AND PROVIDES SUPPORT FOR APPROXIMATELY 30 LOCAL GRANGES.
THE ORGANIZATION WAS ORGANIZED TO FOSTER A PROGRAM OF FELLOWSHIP, SERVICE TO COMMUNITY AND PROVIDE MEMBER ACTIVITIES. IT PROVIDES PROGRAM & SERVICES FOR MORE THAN 1600 MEMBERS THROUGHOUT NORTH CAROLINA AND PROVIDES SUPPORT FOR APPROXIMATELY 30 LOCAL GRANGES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy Gentry President | OfficerTrustee | 40 | $105,000 |
Robert Cayton Chairman | OfficerTrustee | 2 | $0 |
Julia Stack Treasurer | OfficerTrustee | 1 | $0 |
Deborah Welch Secretary | OfficerTrustee | 2 | $0 |
David Allen Vice Chairma | OfficerTrustee | 1 | $0 |
Ned Hudson Vice Preside | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $418,002 |
| Investment income | $608,745 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $527,957 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,556,538 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $371,151 |
| Pension plan accruals and contributions | $17,728 |
| Other employee benefits | $26,968 |
| Payroll taxes | $28,616 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,926 |
| Fees for services: Accounting | $20,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $159,846 |
| Fees for services: Other | $0 |
| Advertising and promotion | $38,827 |
| Office expenses | $6,674 |
| Information technology | $3,170 |
| Royalties | $0 |
| Occupancy | $35,787 |
| Travel | $10,430 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,403 |
| Interest | $29,586 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,985 |
| Insurance | $8,615 |
| All other expenses | $27,705 |
| Total functional expenses | $1,067,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,552 |
| Savings and temporary cash investments | $613,573 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $92,066 |
| 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 | $0 |
| Net Land, buildings, and equipment | $33,814 |
| Investments—publicly traded securities | $22,362,552 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $91,676 |
| Total assets | $23,258,233 |
| Accounts payable and accrued expenses | $67,849 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $148,566 |
| Total liabilities | $216,415 |
| Net assets without donor restrictions | $23,041,818 |
| 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 | $23,258,233 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agricultural Retailers Association Arlington, VA | $7,161,238 | $3,721,691 |
Lagrange Academy Incorporated Lagrange, GA | $3,990,523 | $3,388,962 |
National Agricultural Aviation Association Alexandria, VA | $4,837,263 | $3,074,884 |
Carolina Farm Stewardship Association Pittsboro, NC | $1,471,333 | $921,560 |
Georgia Crop Improvement Association Inc Athens, GA | $2,567,153 | $1,565,826 |
North Carolina Farmworkers Project Inc Benson, NC | $510,721 | $1,216,468 |
Forest Farmers Association Inc Carrollton, GA | $208,453 | $1,112,650 |
North Carolina State Grange Statesville, NC | $23,258,233 | $1,556,538 |
Corn Growers Association Of North Carolina Inc Elizabethtown, NC | $2,684,449 | $1,670,852 |
Knox County Farm Bureau Knoxville, TN | $1,372,068 | $906,855 |
Gap Connections Inc Knoxville, TN | $584,958 | $913,467 |
Rutherford County Farm Bureau Murfreesboro, TN | $819,491 | $805,370 |