North Carolina Biomedical Association
- Assets
- $102.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lenoir, NC
- Founding
- 08/1982
- Data as of
- 12/2022
- EIN
- 58-1474079
Organization Overview
North Carolina Biomedical Association is located in Lenoir, NC. The organization was established in 1982. According to its NTEE Classification (G92) the organization is classified as: Biomedicine & Bioengineering, 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 Biomedical 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 12/2022, North Carolina Biomedical Association generated $113.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $108.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Codi Nelson President | 0 | $0 | |
Todd Rumple Vice-Preside | 0 | $0 | |
Terry Morris Treasurer | 0 | $0 | |
Jared Graham Membership S | 0 | $0 | |
Mike Mcauliffe Board Member | 0 | $0 | |
Matt Poplin Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,500 |
| Total Program Service Revenue | $67,179 |
| Membership dues | $29,435 |
| Investment income | $42 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $113,156 |
| 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 | $6,600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,486 |
| Other expenses | $100,322 |
| Total expenses | $108,408 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,916 |
| Other assets | $0 |
| Total assets | $102,916 |
| Total liabilities | $0 |
| Net assets or fund balances | $102,916 |