North Carolina Nurses Association
- Assets
- $3.6m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 18
- Location
- Raleigh, NC
- Founding
- 01/1965
- Data as of
- 12/2023
- EIN
- 56-0341047
Organization Overview
North Carolina Nurses Association is located in Raleigh, NC. The organization was established in 1965. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2023, North Carolina Nurses Association employed 18 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. North Carolina Nurses 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, North Carolina Nurses Association generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $2.4m during the year ending 12/2023. While expenses have increased by 4.4% 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 SERVE THE CHANGING NEEDS OF ITS MEMBERS, ADDRESS NURSING ISSUES, AND ADVOCATE FOR THE HEALTH AND WELL-BEING OF ALL PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES AND COMMUNICATIONS: THE ASSOCIATION DISSEMINATES INFORMATION TO ITS MEMBERS AS IT RELATES TO CHANGES IN THE NURSING PROFESSION AND ALSO SEEKS TO EDUCATE THE GENERAL PUBLIC ABOUT THE PROFESSION AS WELL AS HEALTH ISSUES.
EDUCATION AND CONFERENCES: THE ASSOCIATION PROVIDES EDUCATIONAL PROGRAMS AND CONFERENCES DESIGNED TO MAINTAIN AND IMPROVE THE SKILLS OF ITS MEMBERS. AS AN ACCREDITED APPROVER OF CONTINUING NURSING EDUCATION BY THE AMERICAN NURSES CREDENTIALING CENTER'S COMMISSION ON ACCREDITATION, THE ASSOCIATION OFFERS AN APPROVED PROVIDER PROCESS WHEREBY PROVIDERS OF NURSING EDUCATIONAL ACTIVITIES CAN OBTAIN APPROVED PROVIDER STATUS FOR UP TO A THREE-YEAR PERIOD.
GOVERNMENT AND HEALTH POLICY: THE ASSOCIATION REPRESENTS THE NURSING PROFESSION IN REGARD TO LEGISLATION, GOVERNMENTAL PROGRAMS, AND HEALTH POLICY BY MAINTAINING REGISTERED LOBBYISTS IN THE STATE GENERAL ASSEMBLY WHEN IT IS IN SESSION. THE LOBBYISTS ALSO MONITOR VARIOUS COMMITTEES AND OTHER LEGISLATIVE GROUPS BETWEEN LEGISLATIVE SESSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Marsden Fryer Capn Commission Chair (1/1-9/15/23) | Trustee | 1 | $0 |
Torica Fuller Member-At-Large | Trustee | 1 | $0 |
Tomika Williams Member-At-Large (1/1-9/15/23) | Trustee | 1 | $0 |
Cathleen Wheatley Member-At-Large (1/1-9/15/23) | Trustee | 1 | $0 |
Ashley Sholar Member-At-Large | Trustee | 1 | $0 |
Daiziah Wagner Member-At-Large (beg. 09/15/23) | Trustee | 1 | $0 |
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 | $100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $2,040,791 |
| Investment income | $118,437 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$31,261 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,254,945 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,947 |
| Grants and other assistance to domestic individuals. | $5,724 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $351,773 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $654,197 |
| Pension plan accruals and contributions | $23,290 |
| Other employee benefits | $86,249 |
| Payroll taxes | $65,092 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $90 |
| Fees for services: Accounting | $20,000 |
| Fees for services: Lobbying | $120,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,808 |
| Fees for services: Other | $28,028 |
| Advertising and promotion | $0 |
| Office expenses | $4,855 |
| Information technology | $12,380 |
| Royalties | $0 |
| Occupancy | $138,744 |
| Travel | $25,085 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $259,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,675 |
| Insurance | $13,307 |
| All other expenses | $132,439 |
| Total functional expenses | $2,428,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,577 |
| Savings and temporary cash investments | $128,068 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,950 |
| 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 | $52,176 |
| Net Land, buildings, and equipment | $255,507 |
| Investments—publicly traded securities | $2,565,999 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $612,812 |
| Total assets | $3,643,089 |
| Accounts payable and accrued expenses | $386,971 |
| Grants payable | $0 |
| Deferred revenue | $197,145 |
| 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 | $558,553 |
| Total liabilities | $1,142,669 |
| Net assets without donor restrictions | $2,500,420 |
| 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 | $3,643,089 |
Grants Awarded
Over the last fiscal year, North Carolina Nurses Association has awarded $12,947 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH CAROLINA FOUNDATION FOR NURSING INC PURPOSE: SOUTHEAST REGION SCHOLARSHIP FUND | $8,947 |
NORTH CAROLINA FOUNDATION FOR NURSING INC PURPOSE: ERNEST J. GRANT PRESIDENTIAL SCHOLARSHIP FUND | $4,000 |