State Employees Association Of North Carolina Inc
- Assets
- $14.9m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 40
- Location
- Raleigh, NC
- Founding
- 05/1985
- Data as of
- 09/2020
- EIN
- 58-1575076
Organization Overview
State Employees Association Of North Carolina Inc is located in Raleigh, NC. The organization was established in 1985. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 09/2020, State Employees Association Of North Carolina Inc employed 40 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. State Employees Association Of North Carolina Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2020, State Employees Association Of North Carolina Inc generated $6.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $5.3m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (16.0%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE INTERESTS OF STATE EMPLOYEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN ANNUAL CONVENTION TO PROMOTE THE INTERESTS OF STATE EMPLOYEES, PROVIDE A FORUM FOR THE DISCUSSION OF IDEAS AND PROBLEMS, AND TO PROMOTE THE PROFESSIONALISM OF STATE EMPLOYEES.
THE ESTABLISHMENT AND MAINTENANCE OF FRINGE BENEFITS, PARTICULARLY LONGEVITY PAY, HEALTH AND ACCIDENT INSURANCE, LIFE INSURANCE, AND RETIREMENT BENEFITS FOR ALL STATE EMPLOYEES.
AN ANNUAL CONVENTION TO PROMOTE THE INTERESTS OF STATE EMPLOYEES, PROVIDE A FORUM FOR THE DISCUSSION OF IDEAS AND PROBLEMS, AND TO PROMOTE THE PROFESSIONALISM OF STATE EMPLOYEES.
THE ESTABLISHMENT AND MAINTENANCE OF FRINGE BENEFITS, PARTICULARLY LONGEVITY PAY, HEALTH AND ACCIDENT INSURANCE, LIFE INSURANCE, AND RETIREMENT BENEFITS FOR ALL STATE EMPLOYEES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Broome Executive Director | Officer | 40 | $151,554 |
Ardis Watkins Executive Director | 40 | $113,709 | |
Gwendolyn M Kea Director Of Finance | 40 | $104,864 | |
Jimmy Davis President | OfficerTrustee | 20 | $0 |
Betty Gautier Secretary | OfficerTrustee | 20 | $0 |
Martha Fowler 1st Vice President | OfficerTrustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,059,691 |
| Investment income | $49,261 |
| 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 | $6,581,839 |
| Statement of Expenses | |
|---|---|
| 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. | $417,139 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,913,078 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $157,818 |
| Fees for services: Accounting | $21,479 |
| Fees for services: Lobbying | $291,576 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $137,231 |
| Information technology | $70,046 |
| Royalties | $0 |
| Occupancy | $82,676 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,366 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $153,220 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,331,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $600 |
| Savings and temporary cash investments | $12,240,888 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $795,529 |
| 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 | $85,850 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,851,829 |
| Accounts payable and accrued expenses | $1,124,361 |
| Grants payable | $0 |
| Deferred revenue | $1,524,463 |
| 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 | $447,849 |
| Total liabilities | $3,096,673 |
| 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 |
| Total liabilities and net assets/fund balances | $11,755,156 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that State Employees Association Of North Carolina Inc has recieved totaling $73,700.
| Awarding Organization | Amount |
|---|---|
Sixteen Thirty Fund Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $73,700 |