Carolinas Parking Association
- Assets
- $59.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 06/2011
- Data as of
- 12/2023
- EIN
- 41-2198675
Organization Overview
Carolinas Parking Association is located in Durham, NC. The organization was established in 2011. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolinas Parking 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, Carolinas Parking Association generated $165.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $146.0k during the year ending 12/2023. While expenses have increased by 9.5% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ANNUAL CONFERENCE AND TRADE SHOW
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clint Joy President | 2 | $0 | |
Jared Wright Vice President | 5 | $0 | |
Pamela Corbin Treasurer | 5 | $0 | |
Joshua Puckett Secretary | 2 | $0 | |
Cheryl Stout Director At Large | 2 | $0 | |
Tim Maceldowney Director At Large | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $165,450 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $165,450 |
| 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 | $11,445 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $548 |
| Other expenses | $133,961 |
| Total expenses | $145,954 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,221 |
| Other assets | $0 |
| Total assets | $59,485 |
| Total liabilities | $0 |
| Net assets or fund balances | $59,485 |