Leadingage North Carolina

Organization Overview

Leadingage North Carolina is located in Raleigh, NC. The organization was established in 1981. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Leadingage North Carolina employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadingage North Carolina 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 12/2021, Leadingage North Carolina generated $972.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $984.9k during the year ending 12/2021. While expenses have increased by 5.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THROUGH ADVOCACY, EDUCATION, INNOVATION AND COLLABORATION, THE ASSOCIATION PROVIDES EXPANDED POSSIBILITIES FOR AGING, VALUE TO ITS MEMBERS, AND LEADERSHIP TO THE FIELD OF AGING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION SERVES ITS MEMBERS WHO ARE ALL SENIOR LIVING COMMUNITIES. THE ORGANIZATION ENHANCES ITS MEMBER FACILITIES' ABILITIES TO BETTER SERVE THE FACILITY RESIDENTS, REPRESENTS AND PROMOTES THE COMMON INTEREST OF ITS FACILITY MEMBERS, AND PROVIDES ONGOING EDUCATIONAL OPPORTUNITIES AND ADVOCACY FOR ITS MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Tom Akins
President & CEO
$208,395
Kevin Parries
Board Chair
$0
Anita Holt
Secretary/chair Elect
$0
Lee Syria
Past Chair
$0
Suzanne Hodge Pugh
Board Chair (until Nov. '21)
$0
Jonathan Erickson
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$580,550
Fundraising events$0
Related organizations$0
Government grants $44,640
All other contributions, gifts, grants, and similar amounts not included above$46,421
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$671,611
Total Program Service Revenue$221,828
Investment income $11,984
Tax Exempt Bond Proceeds $0
Royalties $29,859
Net Rental Income $0
Net Gain/Loss on Asset Sales $37,006
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $972,288

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Leadingage North Carolina has recieved totaling $10,000.

Awarding OrganizationAmount
Chapel Hill Residential Retirement Center Inc

Chapel Hill, NC

PURPOSE: SUPPORT SENIOR COMMUNITIES DURING COVID

$10,000
View Grant Recipient Profile

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