North Carolina Neurological Society
- Assets
- $693.6k
- Revenue
- $303.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 03/2002
- Data as of
- 12/2023
- EIN
- 56-2106149
Organization Overview
North Carolina Neurological Society is located in Raleigh, NC. The organization was established in 2002. According to its NTEE Classification (G96) the organization is classified as: Neurology & Neuroscience, 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. North Carolina Neurological Society 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 Neurological Society generated $303.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $176.0k during the year ending 12/2023. While expenses have increased by 7.9% 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
THE MISSION OF THE NORTH CAROLINA NEUROLOGICAL SOCIETY IS TO STIMULATE AND FOSTER IMPROVEMENT IN THE QUALITY OF ALL ASPECTS OF THE HEALTH CARE OF PATIENTS WITH DISORDERS OF THE NERVOUS SYSTEM, TO PROMOTE ACCESS TO NEUROLOGISTS FOR THESE PATIENTS, TO ENCOURAGE THE ASSOCIATION OF PROFESSIONAL NEUROLOGISTS AND NEUROLOGICAL ASSOCIATES, TO ADVANCE THE PRACTICE OF NEUROLOGY IN THE STATE OF NORTH CAROLINA, TO PROMOTE CONTINUING NEUROLOGICAL EDUCATION, AND TO AID IN THE ADVANCEMENT OF SCIENTIFIC AND CLINICAL TECHNIQUES AND RESEARCH IN NEUROLOGICAL MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY'S ANNUAL MEETING PROMOTES NEW DEVELOPMENTS AND BEST PRACTICES IN THE CARE AND RESEARCH OF NEUROLOGICAL DISEASES AND RELATED DISORDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy E Strowd III MD Med Past President | OfficerTrustee | 1 | $0 |
Donna Graves MD President | OfficerTrustee | 1 | $0 |
John Scagnelli MD President-Elect | OfficerTrustee | 1 | $0 |
Ana Felix MD Secretary - Treasurer | OfficerTrustee | 1 | $0 |
Robert A Yapundich MD Annual Meeting Chair | Trustee | 1 | $0 |
W Alan Skipper Sr. Executive Director | Officer | 2 | $5,985 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,875 |
| 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 | $11,875 |
| Total Program Service Revenue | $273,150 |
| Investment income | $18,762 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $303,787 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $11,122 |
| 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 | $35,629 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,565 |
| Fees for services: Lobbying | $40 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,943 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,932 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $109,721 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $175,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $338,215 |
| Savings and temporary cash investments | $22,088 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $333,248 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $693,551 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $693,551 |
| Total liabilities and net assets/fund balances | $693,551 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Nuclear Medicine And Molecular Imaging Reston, VA | $18,215,144 | $11,383,535 |
American College Of Neuropsychopharmacology Inc Brentwood, TN | $20,761,567 | $3,782,275 |
Lewy Body Dementia Association Inc Lilburn, GA | $7,321,282 | $4,183,987 |
Combinedbrain Inc Brentwood, TN | $591,444 | $1,142,743 |
Neurosurgical Society Of America Suffolk, VA | $254,407 | $596,864 |
Camp Suma Inc Elora, TN | $539,957 | -$2,305 |
Atlanta Neuroscience Foundation Inc Atlanta, GA | $928,511 | $762,909 |
Psychoneuroimmunology Research Society Inc McLean, VA | $402,644 | $246,900 |
Brad Kaminsky Foundation Ashburn, VA | $224,464 | $0 |
North Carolina Neurological Society Raleigh, NC | $693,551 | $303,787 |
South Carolina Neurological Assn Columbia, SC | $91,880 | $0 |
Carolina Neurosurgery & Spine Education And Research Foundation Charlotte, NC | $329,293 | $143,363 |
Columbia Parkinsons Support Group Columbia, SC | $1,989 | $0 |
International Society Of Interventional Neurology Inc Duluth, GA | $4,521 | $500 |