Carolina League Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Winston Salem, NC
- Founding
- 09/1972
- Data as of
- 09/2021
- EIN
- 56-0513281
Organization Overview
Carolina League Inc is located in Winston Salem, NC. The organization was established in 1972. According to its NTEE Classification (N01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Recreation & Sports and related organizations. As of 09/2021, Carolina League Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina League 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 09/2021, Carolina League Inc generated $98.0k 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 (29.4%) each year. All expenses for the organization totaled $161.6k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (22.1%) 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
COMPLETION OF CHAMPIONSHIP MINOR LEAGUE BASEBALL SEASON INVOLVING TEN TEAMS IN TEN CITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geoffrey W Lassiter President | 40 | $129,088 | |
D G Elmore Director | 1 | $0 | |
Dave Heller Director | 1 | $0 | |
Charles M Greenberg Director | 1 | $0 | |
Timothy Zue Executive VP | 1 | $0 | |
Arthur L Silber Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $98,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $16 |
| Total Revenue | $98,016 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $137,626 |
| Professional fees and other payments to independent contractors | $12,725 |
| Occupancy, rent, utilities, and maintenance | $1,766 |
| Printing, publications, postage, and shipping | $78 |
| Other expenses | $9,449 |
| Total expenses | $161,644 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |