C C I N B C V T
- Assets
- $7.9m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 09/1989
- Data as of
- 12/2023
- EIN
- 31-1261456
Organization Overview
C C I N B C V T is located in Raleigh, NC. The organization was established in 1989. According to its NTEE Classification (G01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. C C I N B C V T 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, C C I N B C V T generated $3.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $2.8m during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 8 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 RAISE THE STANDARDS OF THE PROFESSION BY ASSESSING TESTING, AND PROMOTING THE ADVANCEMENT OF THE CARDIOVASCULAR PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXAMINATIONS ARE ADMINISTERED AS A BASIS FOR PROFESSIONAL ACCREDITATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacinta Fitzsimons Cct Crat Chair | Trustee | $0 | |
Letitia P Esbenshade-Smith Ms Ed Past Preside | OfficerTrustee | $0 | |
Mark Edwards Public Membe | Trustee | $0 | |
Elizabeth Mcilwain Acs Rcs Fase Chair | Trustee | $0 | |
J Todd Belcik Acs Rcs Fase President | OfficerTrustee | $0 | |
Matthew Umland Acs Rdcs Fase Chair | Trustee | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
First Point Management Resources Inc Management | 12/30/23 | $913,500 |
Ncs Pearson Exam Admin | 12/30/23 | $562,723 |
Professional Testing Exam Admin | 12/30/23 | $205,057 |
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 | $3,383,638 |
| Investment income | $164,473 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$94,102 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,477,377 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,924 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $913,500 |
| Fees for services: Legal | $1,687 |
| Fees for services: Accounting | $8,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50,941 |
| Fees for services: Other | $0 |
| Advertising and promotion | $372,349 |
| Office expenses | $82,696 |
| Information technology | $26,906 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,982 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $242,179 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,514 |
| Insurance | $15,387 |
| All other expenses | $6,851 |
| Total functional expenses | $2,801,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $937,479 |
| Savings and temporary cash investments | $304,037 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,916 |
| 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 | $70,123 |
| Net Land, buildings, and equipment | $3,399 |
| Investments—publicly traded securities | $6,562,863 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,906,817 |
| Accounts payable and accrued expenses | $65,801 |
| Grants payable | $0 |
| Deferred revenue | $2,973,138 |
| 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 | $3,038,939 |
| Net assets without donor restrictions | $4,867,878 |
| 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 | $7,906,817 |