North Carolina Sorosis Inc
- Assets
- $368.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 10/1956
- Data as of
- 12/2021
- EIN
- 56-0562599
Organization Overview
North Carolina Sorosis Inc is located in Wilmington, NC. The organization was established in 1956. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. North Carolina Sorosis Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, North Carolina Sorosis Inc generated $42.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $33.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Tremblay President | 30 | $0 | |
Kathy Parker First Vice-P | 10 | $0 | |
Sandy Alford Second VP | 7 | $0 | |
Janice Blanton Recording Se | 7 | $0 | |
Susan Whitely Correspondin | 3 | $0 | |
Sharon Lane Smith Treasurer | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,834 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,901 |
| Investment income | $37 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,732 |
| Other Revenue | $4,624 |
| Total Revenue | $42,128 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $11,667 |
| Printing, publications, postage, and shipping | $284 |
| Other expenses | $6,639 |
| Total expenses | $33,948 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,982 |
| Other assets | $0 |
| Total assets | $368,732 |
| Total liabilities | $0 |
| Net assets or fund balances | $368,732 |