7 X 24 Exchange Of The Carolinas Inc
- Assets
- $125.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- Data as of
- 12/2021
- EIN
- 20-0631512
Organization Overview
7 X 24 Exchange Of The Carolinas Inc is located in Greensboro, NC. 7 X 24 Exchange Of The Carolinas 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 12/2021, 7 X 24 Exchange Of The Carolinas Inc generated $69.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $40.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE A FORUM FOR MEMBERS TO IMPROVE THE END-TO-END RELIABILITY BY PROMOTING DIALOGUE AMONG THOSE WHO DESIGN, BUILD, MAINTAIN, AND USE MISSION-CRITICAL ENTERPRISE INFORMATION INFRASTRUCTURES THROUGH CHAPTER MEETINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Aron Executive Director | 5 | $0 | |
Vali Sorell President | 5 | $0 | |
James Faccone Vice President | 5 | $0 | |
Ravi Sastry Secretary/treasurer | 5 | $0 | |
Jeff Farlow Emeritus Director | 5 | $0 | |
David Knight Emeritus Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $35,090 |
| Membership dues | $17,550 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,964 |
| Other Revenue | $0 |
| Total Revenue | $69,610 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,835 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $72 |
| Other expenses | $21,575 |
| Total expenses | $40,482 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,516 |
| Other assets | $0 |
| Total assets | $125,891 |
| Total liabilities | $1,455 |
| Net assets or fund balances | $124,436 |
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