North Carolina Poultry Federation Inc is located in Raleigh, NC. The organization was established in 1971. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, North Carolina Poultry Federation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Poultry Federation Inc 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 12/2022, North Carolina Poultry Federation Inc generated $486.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $390.3k during the year ending 12/2022. While expenses have increased by 0.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO PROMOTE THE POULTRY INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE IMPROVEMENT OF BUSINESS CONDITIONS AND TO INFORM THOSE IN THE POULTRY INDUSTRY OF DEVELOPMENTS IN THE FIELD.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert L Ford Executive Di | Officer | 40 | $207,755 |
Chandler Adams Director | Trustee | 0.2 | $0 |
David Anderson Director | Trustee | 0.2 | $0 |
Andrew Boyles Immediate Pa | OfficerTrustee | 0.2 | $0 |
Tommy Furlough Director | Trustee | 0.2 | $0 |
Jeff Hancock Director | Trustee | 0.2 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $466,279 |
| 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 | $466,279 |
| Total Program Service Revenue | $23,908 |
| Investment income | $7,315 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$10,960 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $486,542 |
| 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. | $218,653 |
| Compensation of current officers, directors, key employees. | $43,731 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,814 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,060 |
| Fees for services: Accounting | $11,230 |
| Fees for services: Lobbying | $40,467 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,207 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,449 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,222 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $375 |
| Insurance | $5,310 |
| All other expenses | $1,879 |
| Total functional expenses | $390,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $1,970,112 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,252 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,972,363 |
| Accounts payable and accrued expenses | $0 |
| 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 | $3,323 |
| Total liabilities | $3,323 |
| Net assets without donor restrictions | $1,960,040 |
| Net assets with donor restrictions | $9,000 |
| 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 | $1,972,363 |