Civic Intelligence

North Carolina Petroleum & Convenience Marketers Inc

990 • Fiscal year 2015 • EIN 56-0340977

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

7300 Glenwood AveRaleigh, NC 27612

(919) 782-4411

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.02x

Higher debt load relative to assets than 20% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

23rd percentile

0.03x

Higher debt load relative to revenue than 23% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Net Margin

73rd percentile

9.8%

Higher net margin than 73% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

51st percentile

$145,000

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Asset Growth

56th percentile

4.2%

Faster asset growth than 56% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

37th percentile

0.2%

Faster revenue growth than 37% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,571,589

Up $103,253 (+4.2%) from 2014

Net Assets

Up

$2,518,701

Up $105,480 (+4.4%) from 2014

Liabilities

Down

$52,888

Down $2,227 (-4.0%) from 2014

Revenue

Up

$1,511,688

Up $3,521 (+0.2%) from 2014

Expenses

Down

$1,364,167

Down $105,808 (-7.2%) from 2014

Net Income

Up

$147,521

Up $109,329 (+286%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $2,196,160Liabilities 2011: $26,593Net Assets 2011: $2,169,5672011Assets 2012: $2,290,280Liabilities 2012: $28,252Net Assets 2012: $2,262,0282012Assets 2013: $2,391,233Liabilities 2013: $36,994Net Assets 2013: $2,354,2392013Assets 2014: $2,468,336Liabilities 2014: $55,115Net Assets 2014: $2,413,2212014Assets 2015: $2,571,589Liabilities 2015: $52,888Net Assets 2015: $2,518,7012015Assets 2016: $2,710,757Liabilities 2016: $53,338Net Assets 2016: $2,657,4192016Assets 2017: $3,052,218Liabilities 2017: $25,496Net Assets 2017: $3,026,7222017Assets 2018: $3,325,073Liabilities 2018: $53,890Net Assets 2018: $3,271,1832018Assets 2019: $3,470,375Liabilities 2019: $83,626Net Assets 2019: $3,386,7492019Assets 2020: $3,713,335Liabilities 2020: $413,538Net Assets 2020: $3,299,7972020Assets 2021: $4,013,688Liabilities 2021: $783,972Net Assets 2021: $3,229,7162021Assets 2022: $3,689,233Liabilities 2022: $831,998Net Assets 2022: $2,857,2352022Assets 2023: $3,887,211Liabilities 2023: $828,785Net Assets 2023: $3,058,4262023Assets 2024: $4,198,825Liabilities 2024: $851,036Net Assets 2024: $3,347,7892024

Highlighted filing

2015

Assets$2,571,589
Liabilities$52,888
Net Assets$2,518,701

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,443,540Expenses 2011: $1,379,779Net Income 2011: $63,7612011Revenue 2012: $1,629,862Expenses 2012: $1,607,460Net Income 2012: $22,4022012Revenue 2013: $1,476,948Expenses 2013: $1,533,932Net Income 2013: -$56,9842013Revenue 2014: $1,508,167Expenses 2014: $1,469,975Net Income 2014: $38,1922014Revenue 2015: $1,511,688Expenses 2015: $1,364,167Net Income 2015: $147,5212015Revenue 2016: $1,600,803Expenses 2016: $1,567,339Net Income 2016: $33,4642016Revenue 2017: $1,621,007Expenses 2017: $1,445,742Net Income 2017: $175,2652017Revenue 2018: $1,647,378Expenses 2018: $1,454,349Net Income 2018: $193,0292018Revenue 2019: $1,825,467Expenses 2019: $1,625,016Net Income 2019: $200,4512019Revenue 2020: $2,218,949Expenses 2020: $1,278,498Net Income 2020: $940,4512020Revenue 2021: $1,726,524Expenses 2021: $1,796,605Net Income 2021: -$70,0812021Revenue 2022: $1,995,461Expenses 2022: $2,049,228Net Income 2022: -$53,7672022Revenue 2023: $2,138,024Expenses 2023: $2,053,217Net Income 2023: $84,8072023Revenue 2024: $2,446,667Expenses 2024: $2,201,117Net Income 2024: $245,5502024

Highlighted filing

2015

Revenue$1,511,688
Expenses$1,364,167
Net Income$147,521
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$1,511,688
Mission and Program Overview

Mission

The association exists for the sole purpose of promoting the welfare and protecting the interest of those engaged in marketing and distribution of petroleum products in north carolina

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$922,329$1,258,600▲ $336,271
Investments in Publicly Traded Securities$941,310$883,260▼ $58,050
Land, Buildings, and Equipment, Net$234,603$255,741▲ $21,138
Accounts Receivable$115,291$134,823▲ $19,532
Cash and Non-Interest-Bearing Accounts$219,142$20,486▼ $198,656
Prepaid Expenses and Deferred Charges$35,661$18,679▼ $16,982
Total Assets$2,468,336$2,571,589▲ $103,253
Liabilities
Accounts Payable and Accrued Expenses$55,115$52,888▼ $2,227
Total Liabilities$55,115$52,888▼ $2,227
Net Assets / Fund Balance
Unrestricted Net Assets$1,673,082$1,756,915▲ $83,833
Temporarily Rstr Net Assets$740,139$761,786▲ $21,647
Total Net Assets Fund Balance$2,413,221$2,518,701▲ $105,480
Total Liabilities and Net Assets / Fund Balance$2,468,336$2,571,589▲ $103,253

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$187,214$465,008$652,222
Equipment$8,952$118,248$127,200
Other Land Buildings-$87,792$87,792
Land$59,575-$59,575
Compensation and Service Providers

Employees

NameTitleBaseTotal
Gary HarrisExecutive Di$145,000$145,000

Board Members and Trustees

NameTitle
David AlexanderPresident
Blair SchwedoDirector
Chris NealDirector
Edward HolmesDirector
Harold KennedyDirector
Jay BoazDirector
John ClarkDirector
Larry JordanDirector
Marc ThomasDirector
Michael HarrellDirector
Proctor DeanDirector
Randy CobbDirector
Robert BurnsDirector
Terry KennedyDirector
Tim LowmanDirector
Wendy FisherDirector
David BunchExecutive Co
Harold BerryLegal Counse
Charles MarshallLegislative
Ed TurlingtonLegislative
Scott AmanPast Preside
Daniel ErwinPmaa Directo
Davis ClarkTreasurer
Lewis EfirdVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$5,000
Program Service Revenue
$1,211,660
Investment Income
$56,878
Other Revenue
$238,150
All Other Contributions
$5,000
Change in Net Assets
$147,521

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,511,688
Total Revenue per Audited Statements
$1,511,688
Total Revenue per Form 990
$1,511,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$720,405
Other Expenses$643,762
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$465,336
Comp Disqual Persons---$145,000
Conferences and Meetings---$141,715
All Other Expenses---$100,374
Fees for Services Legal---$83,756
Travel---$45,863
Office Expenses---$44,590
Payroll Taxes---$42,342
Pension Plan Contributions---$38,226
Depreciation Depletion---$37,033
Other Employee Benefits---$29,501
Other Expenses---$23,289
Insurance---$20,472
Fees for Services Accounting---$15,253
Information Technology---$10,170
Fees for Service Investment Mgmnt Fees---$6,851
Total Functional Expenses$0$0$0$1,364,167

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,364,167
Total Expenses per Audited Statements$1,364,167
Total Expenses per Form 990$1,364,167
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$108,795
Current Year Nondeductible Lobbying and Political Cost$104,645
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has four classes of members: active, supplier, refiner/distiller and & honorary.only active members in good standing are allowed to vote.

Form 990, Page 6, Part VI, Line 7A

The members vote on a board of directors at the annual convention. The ter ms are for three years.

Form 990, Page 6, Part VI, Line 7B

The elected board of directors approve the normal operations of the organi zation, however a change in bylaws etc have to be approved by the membersh ip.

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by the executive director before it is filed, and it is made available to the board of directors at their next meeting.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest are review by the board of directors.

Form 990, Page 6, Part VI, Line 15A

The board of directors determine annually the compensation and benefits to be paid to its employees including the executive director.

Form 990, Page 6, Part VI, Line 15B

The board of directors determine annually the compensation and benefits to be paid to its employees.

Form 990, Page 6, Part VI, Line 18

Documents are made available upon request if requested by a member of the organizaion, and if request is by a non member that decision will be made on a case by case basis by the board of directors.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request if requested by a member of the organizaion, and if request is by a non member that decision will be made on a case by case basis by the board of directors.

Filing and Contact Details

Filer

Filer Name
North Carolina Petroleum & Convenie
EIN
56-0340977
Phone
9197824411
Address
7300 GLENWOOD AVE, RALEIGH, NC 27612

Signing Officer

Name
Gary Harris
Title
Executive Director
Phone
9197824411
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Alexander
Formed
1927
Legal Domicile
Nc
Voting Board Members
25
Independent Board Members
24
Employees
7

Preparer

Firm
David R Dracup CPA Pa
Address
4205 WAKE FOREST RD STE 100, RALEIGH, NC 27609-6246
Preparer
David R Dracup
Phone
9193884272
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

The association exists for the sole purpose of promoting the welfare and protecting the interest of those engaged in marketing and distribution of petroleum products in north carolina

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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt19EXECUTIVE CO
IRS990/Form990PartVIISectionAGrp/TitleTxt20PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt21PMAA DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt22LEGAL COUNSE
IRS990/Form990PartVIISectionAGrp/TitleTxt23LEGISLATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt24LEGISLATIVE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01927
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01511688
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt024
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt010170
IRS990/InsuranceGrp/TotalAmt020472
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt056878
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt056878
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0941310
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0883260
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0671048
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0234603
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0255741
IRS990/LandBldgEquipCostOrOtherBssAmt0926789
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt025520
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt043667
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt018147
IRS990/MissionDesc0THE ASSOCIATION EXISTS FOR THE SOLE PURPOSE OF PROMOTING THE WELFARE AND PROTECTING THE INTEREST OF THOSE ENGAGED IN MARKETING AND DISTRIBUTION OF PETROLEUM PRODUCTS IN NORTH CAROLINA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02413221
IRS990/NetAssetsOrFundBalancesEOYAmt02518701
IRS990/NetUnrelatedBusTxblIncmAmt014368
IRS990/NetUnrlzdGainsLossesInvstAmt0-42041
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt044590
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt029501
IRS990/OtherExpensesGrp/Desc0PMAA DUES
IRS990/OtherExpensesGrp/Desc1MANAGEMENT INSTITUTE EXPE
IRS990/OtherExpensesGrp/Desc2SPECIAL FUEL OIL ALLOCAT
IRS990/OtherExpensesGrp/Desc3SPECIAL EXP & CONTINGENCI
IRS990/OtherExpensesGrp/TotalAmt050769
IRS990/OtherExpensesGrp/TotalAmt140276
IRS990/OtherExpensesGrp/TotalAmt223351
IRS990/OtherExpensesGrp/TotalAmt323289
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/BusinessCd0524292
IRS990/OtherRevenueMiscGrp/BusinessCd1230000
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE ADMINISTRATION
IRS990/OtherRevenueMiscGrp/Desc1ENGINEERING
IRS990/OtherRevenueMiscGrp/Desc2DISABILITY INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt033777
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt089966
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt170740
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt233777
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt089966
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt170740
IRS990/OtherRevenueTotalAmt0238150
IRS990/OtherSalariesAndWagesGrp/TotalAmt0465336
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt042342
IRS990/PensionPlanContributionsGrp/TotalAmt038226
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035661
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018679
IRS990/PrincipalOfficerNm0DAVID ALEXANDER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TRADE SHOWS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES & ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/Desc2CONVENTIONS & WORKSHOPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0575015
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1434409
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2202236
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0575015
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1434409
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2202236
IRS990/ProgSrvcAccomActy2Grp/Desc0TEH ASSOCIATION SPONSORS A 2 DAY TRADE SHOW AND EXPOSITION THAT FEATURES THE LATEST IN RETIAL AND PETROLEUM TECHNOLOGY AND MARKETING, EDUCATIONAL SEMINARS, AS WELL AS NETWORKING WITH INDUSTRY LEADERS FROM THROUGHOUT THE REGION. (AVG ATTENDANCE 3500+).
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE ASSOCIATION EXISTS FOR THE SOLE PURPOSE OF PROMOTING THE WELFARE AND PROTECTING THE INTEREST OF THOSE ENGAGED IN MARKETING AND DISTRIBUTION OF PETROLEUM PRODUCTS IN NORTH CAROLINA
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03500
IRS990/PYInvestmentIncomeAmt047484
IRS990/PYOtherExpensesAmt0808600
IRS990/PYOtherRevenueAmt0236503
IRS990/PYProgramServiceRevenueAmt01220680
IRS990/PYRevenuesLessExpensesAmt038192
IRS990/PYSalariesCompEmpBnftPaidAmt0661375
IRS990/PYTotalExpensesAmt01469975
IRS990/PYTotalRevenueAmt01508167
IRS990/ReconcilationRevenueExpnssAmt0147521
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0922329
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01258600
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt0108602
IRS990ScheduleC/AgreeCarryoverPriorYearInd0true
IRS990ScheduleC/CarriedOverAmt0193
IRS990ScheduleC/DuesAssessmentsAmt0434409
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt04150
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt0104645
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0108795
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0187214
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0465008
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0652222
IRS990ScheduleD/EquipmentGrp/BookValueAmt08952
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0118248
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0127200
IRS990ScheduleD/ExpensesSubtotalAmt01364167
IRS990ScheduleD/LandGrp/BookValueAmt059575
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt059575
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt087792
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt087792
IRS990ScheduleD/RevenueSubtotalAmt01511688
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0255741
IRS990ScheduleD/TotalExpensesPerForm990Amt01364167
IRS990ScheduleD/TotalRevenuePerForm990Amt01511688
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01511688
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01364167
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION EXISTS FOR THE SOLE PURPOSE OF PROMOTING THE WELFARE AND PROTECTING THE INTEREST OF THOSE ENGAGED IN MARKETING AND DISTRIBUTION OF PETROLEUM PRODUCTS IN NORTH CAROLINA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS FOUR CLASSES OF MEMBERS: ACTIVE, SUPPLIER, REFINER/DISTILLER AND & HONORARY.ONLY ACTIVE MEMBERS IN GOOD STANDING ARE ALLOWED TO VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS VOTE ON A BOARD OF DIRECTORS AT THE ANNUAL CONVENTION. THE TER MS ARE FOR THREE YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ELECTED BOARD OF DIRECTORS APPROVE THE NORMAL OPERATIONS OF THE ORGANI ZATION, HOWEVER A CHANGE IN BYLAWS ETC HAVE TO BE APPROVED BY THE MEMBERSH IP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR BEFORE IT IS FILED, AND IT IS MADE AVAILABLE TO THE BOARD OF DIRECTORS AT THEIR NEXT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONFLICT OF INTEREST ARE REVIEW BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS DETERMINE ANNUALLY THE COMPENSATION AND BENEFITS TO BE PAID TO ITS EMPLOYEES INCLUDING THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF DIRECTORS DETERMINE ANNUALLY THE COMPENSATION AND BENEFITS TO BE PAID TO ITS EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DOCUMENTS ARE MADE AVAILABLE UPON REQUEST IF REQUESTED BY A MEMBER OF THE ORGANIZAION, AND IF REQUEST IS BY A NON MEMBER THAT DECISION WILL BE MADE ON A CASE BY CASE BASIS BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DOCUMENTS ARE MADE AVAILABLE UPON REQUEST IF REQUESTED BY A MEMBER OF THE ORGANIZAION, AND IF REQUEST IS BY A NON MEMBER THAT DECISION WILL BE MADE ON A CASE BY CASE BASIS BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CAROLINA FUEL INSTITUTE INCORPORAT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0561341886
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$0.85$3.35$2.45$2.20$0.25
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.89$0.83$3.06$2.14$2.05$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$0.83$2.86$2.00$2.05$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.01$0.78$3.23$1.73$1.80$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.71$0.41$3.30$2.22$1.28$0.94
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.47$0.08$3.39$1.83$1.63$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$0.05$3.27$1.65$1.45$0.19
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.05$0.03$3.03$1.62$1.45$0.18
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$0.05$2.66$1.60$1.57$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.57$0.05$2.52$1.51$1.36$0.15
2014Detailed filing. Detailed filing data is available for this year.$2.47$0.06$2.41$1.51$1.47$0.04
2013Summary only. Only limited summary data is available for this year.$2.39$0.04$2.35$1.48$1.53$0.06
2012Summary only. Only limited summary data is available for this year.$2.29$0.03$2.26$1.63$1.61$0.02
2011Summary only. Only limited summary data is available for this year.$2.20$0.03$2.17$1.44$1.38$0.06