N C Forestry Association
- Assets
- $1.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 10
- Location
- Raleigh, NC
- Founding
- 07/2002
- Data as of
- 12/2023
- EIN
- 04-3626382
Organization Overview
N C Forestry Association is located in Raleigh, NC. The organization was established in 2002. According to its NTEE Classification (C36) the organization is classified as: Forest Conservation, under the broad grouping of Environment and related organizations. As of 12/2023, N C Forestry Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. N C Forestry Association 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 12/2023, N C Forestry Association generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 6.1% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE INTERESTS OF INDIVIDUALS AND BUSINESSES INVOLVED IN FORESTRY AND THE FOREST PRODUCTS INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SERVICES PROVIDED TO MEMBERS OF THE NORTH CAROLINA FORESTRY ASSOCIATION INCLUDE REPRESENTATION BEFORE LOCAL, STATE, AND CONGRESSIONAL OFFICIALS, TECHNICAL SUPPORT AND INFORMATION ON RULES, REGULATIONS AND LAWS THAT IMPACT FOREST LANDOWNERS AND FOREST MANAGEMENT, PUBLICATIONS THAT KEEP MEMBERS INFORMED ON FORESTRY ISSUES, AN ANNUAL MEETING TO EDUCATE MEMBERS ON IMPORTANT TOPICS AND OFFER OPPORTUNITIES TO MEET PEERS, INDUSTRY VENDORS AND OTHER MEMBERS, DEVELOPMENT OF INTERNATIONAL EXPORT OPPORTUNITIES, AND REVIEW AND QUALIFICATION OF SEVERAL INSURANCE PRODUCTS BY THE NCFA.
THE EDUCATIONAL PROGRAMS OFFERED TO THE PUBLIC REACH STUDENTS, PARENTS, AND EDUCATORS THROUGH VARIOUS RESOURCE MATERIALS. THE NCFA IS A KEY PARTNER IN THE SUSTAINABLE FORESTRY TEACHERS ACADEMIES THAT EDUCATED APPROXIMATELY 64 TEACHERS THROUGH WORKSHOPS IN THE MOUNTAINS, PIEDMONT AND COAST OF NORTH CAROLINA. APPROXIMATELY 30 NCFA MEMBERS SERVED AS VOLUNTEERS. THE NCFA CONTINUES TO SPONSOR THE PROJECT LEARNING TREE PROGRAM AS WELL AS THE GOODS FROM THE WOODS PROGRAM.
THE PROLOGGER PROGRAM CONTINUES TO MAINTAIN ITS POSITION AS ONE OF THE TOP TRAINING PROGRAMS IN THE NATION. THE PROLOGGER PROGRAM HAS A DATABASE OF OVER 1400 PROLOGGERS IN "GOOD STANDING." IN 2023, 85 PROLOGGERS PARTICIPATED IN THE PROGRAM VIA THREE DIFFERENT COURSES HELD ACROSS THE STATE WITH THE HELP OF 30 NCFA VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hatcher Executive Di | Officer | 40 | $179,653 |
Nancy Thompson Chairman | OfficerTrustee | 1 | $0 |
Rob Elliot President | OfficerTrustee | 1 | $0 |
Jadie Andrews First Vice P | OfficerTrustee | 1 | $0 |
Chris Charest Pres Elect/t | OfficerTrustee | 1 | $0 |
Greg Ricks Piedmont Vic | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $587,218 |
| Fundraising events | $0 |
| Related organizations | $86,000 |
| Government grants | $21,153 |
| All other contributions, gifts, grants, and similar amounts not included above | $89,508 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $783,879 |
| Total Program Service Revenue | $207,877 |
| Investment income | $47,583 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $20,244 |
| 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 | $1,059,583 |
| 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. | $193,960 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $384,334 |
| Pension plan accruals and contributions | $14,823 |
| Other employee benefits | $42,922 |
| Payroll taxes | $43,035 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,669 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,416 |
| Advertising and promotion | $0 |
| Office expenses | $20,602 |
| Information technology | $16,923 |
| Royalties | $0 |
| Occupancy | $30,474 |
| Travel | $32,236 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $236,776 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,183 |
| Insurance | $2,101 |
| All other expenses | $89,261 |
| Total functional expenses | $1,232,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $158,420 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,687 |
| 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 | $51,623 |
| Net Land, buildings, and equipment | $4,233 |
| Investments—publicly traded securities | $1,012,488 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,242,451 |
| Accounts payable and accrued expenses | $5,876 |
| Grants payable | $0 |
| Deferred revenue | $33,579 |
| 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 | $39,455 |
| Net assets without donor restrictions | $1,198,623 |
| Net assets with donor restrictions | $4,373 |
| 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 | $1,242,451 |