Civic Intelligence

The Employers Association

EIN 56-0670576 • 501(c)6 • Charlotte, NC

Profile

Education of member management on work environment and employer-employee relations

9140 Arrowpoint Blvd 140Charlotte, NC 28273

www.employersassoc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

25th percentile

0.11x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)6 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.47x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)6 • $25M-$50M nonprofits • Source year 2024

Net Margin

54th percentile

7.7%

Higher net margin than 54% of similar nonprofits.

501(c)6 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

56th percentile

$634,678

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

501(c)6 • $25M-$50M nonprofits • Source year 2024

Asset Growth

26th percentile

0.7%

Faster asset growth than 26% of similar nonprofits.

501(c)6 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-31%

Faster revenue growth than 3% of similar nonprofits.

501(c)6 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$35,303,814

Up $254,893 (+0.7%) from 2023

Liabilities

Down

$3,915,543

Down $629,728 (-14%) from 2023

Net Assets

Up

$31,388,271

Up $884,621 (+2.9%) from 2023

Revenue

Down

$8,258,838

Down $3,671,745 (-31%) from 2023

Expenses

Up

$7,620,454

Up $199,388 (+2.7%) from 2023

Net Income

Down

$638,384

Down $3,871,133 (-86%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2011: $17,192,299Liabilities 2011: $8,157,849Net Assets 2011: $9,034,4502011Assets 2012: $10,259,447Liabilities 2012: $990,786Net Assets 2012: $9,268,6612012Assets 2013: $10,990,344Liabilities 2013: $1,015,020Net Assets 2013: $9,975,3242013Assets 2014: $11,847,583Liabilities 2014: $1,114,750Net Assets 2014: $10,732,8332014Assets 2015: $13,197,240Liabilities 2015: $2,318,365Net Assets 2015: $10,878,8752015Assets 2016: $14,549,350Liabilities 2016: $3,599,146Net Assets 2016: $10,950,2042016Assets 2017: $16,079,673Liabilities 2017: $4,272,611Net Assets 2017: $11,807,0622017Assets 2018: $17,469,521Liabilities 2018: $4,872,431Net Assets 2018: $12,597,0902018Assets 2019: $18,250,821Liabilities 2019: $4,926,141Net Assets 2019: $13,324,6802019Assets 2020: $19,316,685Liabilities 2020: $5,809,799Net Assets 2020: $13,506,8862020Assets 2021: $29,237,586Liabilities 2021: $3,964,245Net Assets 2021: $25,273,3412021Assets 2022: $29,887,100Liabilities 2022: $4,549,045Net Assets 2022: $25,338,0552022Assets 2023: $35,048,921Liabilities 2023: $4,545,271Net Assets 2023: $30,503,6502023Assets 2024: $35,303,814Liabilities 2024: $3,915,543Net Assets 2024: $31,388,2712024

Highlighted filing

2024

Assets$35,303,814
Liabilities$3,915,543
Net Assets$31,388,271

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $1,582,322Expenses 2011: $1,340,899Net Income 2011: $241,4232011Revenue 2012: $1,721,611Expenses 2012: $1,388,110Net Income 2012: $333,5012012Expenses 2013: $1,454,0512013Revenue 2014: $1,953,830Expenses 2014: $1,605,709Net Income 2014: $348,1212014Revenue 2015: $2,125,600Expenses 2015: $1,684,352Net Income 2015: $441,2482015Revenue 2016: $2,050,319Expenses 2016: $1,761,336Net Income 2016: $288,9832016Revenue 2017: $2,191,176Expenses 2017: $1,997,546Net Income 2017: $193,6302017Revenue 2018: $2,257,464Expenses 2018: $1,854,662Net Income 2018: $402,8022018Revenue 2019: $2,830,698Expenses 2019: $1,998,720Net Income 2019: $831,9782019Revenue 2020: $2,275,990Expenses 2020: $1,763,308Net Income 2020: $512,6822020Revenue 2021: $10,459,721Expenses 2021: $10,588,902Net Income 2021: -$129,1812021Revenue 2022: $11,212,644Expenses 2022: $10,400,253Net Income 2022: $812,3912022Revenue 2023: $11,930,583Expenses 2023: $7,421,066Net Income 2023: $4,509,5172023Revenue 2024: $8,258,838Expenses 2024: $7,620,454Net Income 2024: $638,3842024

Highlighted filing

2024

Revenue$8,258,838
Expenses$7,620,454
Net Income$638,384

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.3$3.92$31.4$8.26$7.62$0.64
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.0$4.55$30.5$11.9$7.42$4.51
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.9$4.55$25.3$11.2$10.4$0.81
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.2$3.96$25.3$10.5$10.6$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.3$5.81$13.5$2.28$1.76$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.3$4.93$13.3$2.83$2.00$0.83
2018Summary only. Only limited summary data is available for this year.$17.5$4.87$12.6$2.26$1.85$0.40
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.1$4.27$11.8$2.19$2.00$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.5$3.60$11.0$2.05$1.76$0.29
2015Detailed filing. Detailed filing data is available for this year.$13.2$2.32$10.9$2.13$1.68$0.44
2014Detailed filing. Detailed filing data is available for this year.$11.8$1.11$10.7$1.95$1.61$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$1.02$9.98$1.45
2012Summary only. Only limited summary data is available for this year.$10.3$0.99$9.27$1.72$1.39$0.33
2011Summary only. Only limited summary data is available for this year.$17.2$8.16$9.03$1.58$1.34$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.1
Gross Receipts
$9,506,201
Mission and Program Overview

Mission

Education of member management on work environment and employer-employee relations

Catapult provides employers with the confidence to navigate everyday operational challenges, making workplaces more effective and employees more successful.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$25,864,366$26,835,255▲ $970,889
Investments Other Securities$6,040,419$5,413,111▼ $627,308
Land, Buildings, and Equipment, Net$658,737$821,987▲ $163,250
Savings and Temporary Cash Investments$238,716$520,247▲ $281,531
Accounts Receivable$337,291$304,948▼ $32,343
Prepaid Expenses and Deferred Charges$264,968$207,618▼ $57,350
Intangible Assets$30,187$29,999▼ $188
Cash and Non-Interest-Bearing Accounts$22,291$22,140▼ $151
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related$0--
Loans From Officers Directors-$0-
Total Assets$35,048,921$35,303,814▲ $254,893
Other Assets Total$1,591,946$1,148,509▼ $443,437
Liabilities
Grants Payable$2,408,981$2,174,069▼ $234,912
Other Liabilities$1,545,721$1,059,649▼ $486,072
Accounts Payable and Accrued Expenses$590,569$681,825▲ $91,256
Total Liabilities$4,545,271$3,915,543▼ $629,728
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,503,650$31,388,271▲ $884,621
Total Net Assets Fund Balance$30,503,650$31,388,271▲ $884,621
Total Liabilities and Net Assets / Fund Balance$35,048,921$35,303,814▲ $254,893

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$275,189$1,931,399$2,206,588
Land$415,865-$415,865
Equipment$81,945$115,621$197,566
Leasehold Improvements$48,988$38,116$87,104
Other Securities$44,191--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cheryl RichardsCEOFT$412,679$221,999$634,678
J Douglas Blizzard IIIChief Solutions OfficerFT$221,217$68,018$289,235
Shannon ProsserChief Marketing and Engagement OfficerFT$203,999$76,405$280,404
Camilla RobinsonKey EmployeeFT$168,889$42,205$211,094
Thomas SheehanDirector of MembershipFT$142,733$40,856$183,589
Carlie HouchinsDirector of LearningFT$151,167$25,582$176,749
Kevin Von der LippeDirector of Pre-employment SolutionsFT$145,404$30,087$175,491
Jill FeldmanDirector of Strategic HrFT$146,731$19,403$166,134
Kim BoykoEmployeeFT$128,963$27,624$156,587

Board Members and Trustees

NameTitle
John MatthewsChair
Hyunna CoelhoVice Chair
Brandy MilazzoBoard Member
Gary SalamidoBoard Member
Henry BattenBoard Member
Jeannette AnselmoBoard Member
Laura BelcherBoard Member
Trent ScovellBoard Member
Marshall CherryBoard Member & Officer
Nick EllisBoard Member & Officer

Highest Paid Contractors

ContractorServicesLocationCompensation
Soule Law Firm PLLCPre-paid Legal ServicesPO Box 97552, Suite 200, Raleigh, NC 27624$303,145
Lokahi Results LLCConsultant1428 Jenkins Road, Wake Forest, NC 27587$156,730
PivIT Strategy LLCIT MSP Consultant6201 Fairview Road, Charlotte, NC 28210$107,822
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,482,222
Investment Income
$945,302
Other Revenue
$-168,686
Change in Net Assets
$638,384

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,137,585
Other Expenses$1,482,869
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,087,327
Current Officers, Directors, Trustees, and Key Employees---$1,040,727
Occupancy---$573,361
Information Technology---$515,426
Other Employee Benefits---$435,161
Office Expenses---$382,630
Payroll Taxes---$346,051
Advertising---$274,637
Conferences and Meetings---$271,424
Pension Plan Contributions---$228,319
Depreciation Depletion---$157,381
Fees for Service Investment Mgmnt Fees---$114,824
Fees for Services Other---$112,442
Travel---$89,010
Insurance---$71,681
Other Expenses---$41,044
Fees for Services Lobbying---$21,006
Fees for Services Legal---$12,013
All Other Expenses---$-2,225,111
Total Functional Expenses$0$0$0$7,620,454

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Other Expense Adjustments$0
Total Expenses per Form 990$0
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
Lobbying activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$15,445
Total Nondeductible Lobbying and Political Cost$15,445
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$1,059,649
Operating Lease Liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 18

Photocopies of the form 990 are available upon request at the organization's administrative office.

Form 990, Part VI, Line 1A Delegate broad authority to A committee

The executive committee membership shall consist of the board's chair; vice-chair; and secretary/treasurer, and any other regular or special members as may be appointed from time to time by the board of directors. Subject to the control of the board of directors, the executive committee manages the president/ceo's performance, goals and goal attainment, compensation and terms of employment; be a liaison for the president/ceo; conducts business between board meetings as delegated by the board; considers non-routine concepts or proposals brought to it by the president/ceo; communicates with board on these matters; and ensures creation of an agenda for board meetings.

Form 990, Part VI, Line 6 Classes of members or stockholders

Catapult employers association is a membership association with member organizations.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

Each member shall have the right to cast one vote on each matter presented to the membership by majority vote of the board of directors.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 was made available to the entire board prior to filing with the irs.

Form 990, Part VI, Line 12C Conflict of interest policy

Catapult EMPLOYERS ASSOCIATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY. THIS POLICY CONTAINS A DUTY TO DISCLOSE A CONFLICT OF INTEREST, PROCEDURES FOR DETERMINING IF A CONFLICT EXISTS AND HOW TO HANDLE THE CONFLICT.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

CEO: Executive Committee performs an annual review and evaluation of compensation. Top Mgt: CEO performs an annual review and evaluation of compensation. Comparability data used includes national and local salary survey data, as well as comparisons to other associations of similar size and scope.

Form 990, Part VI, Line 19 Required documents available to the public

Catapult EMPLOYERS ASSOCATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Catapult Employers Association Inc
EIN
56-0670576
Phone
8664400302
Address
9140 Arrowpoint Blvd 140, Charlotte, NC 28273

Signing Officer

Name
Dr Wen Hemingway
Title
CFO and COO
Phone
8668944354
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Formed
1958
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
97
Volunteers
11

Preparer

Firm
Forvis Mazars LLP
Address
500 Ridgefield Court, Asheville, NC 28806
Preparer
Amy Bibby
Phone
8282542254
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Transfer of Equity - -891622; Total - -891622;

Form 990, Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

CATAPULT EMPLOYERS ASSOCIATION, INC. IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN BUSINESS ACTIVITIES NOT DIRECTLY RELATED TO ITS TAX-EXEMPT PURPOSE IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. PAYMENTS FOR UNRELATED BUSINESS INCOME TAXES ARE INCLUDED IN TAXES AND LICENSES IN THE CONSOLIDATED STATEMENT OF FUNCTIONAL EXPENSES. CATAPULT SERVICES CORPORATION is CONSIDERED a TAXABLE ENTITY, AND THEREFORE Is INCLUDED IN THE INCOME TAX PROVISION IN THE ACCOMPANYING CONSOLIDATED STATEMENT OF FINANCIAL POSITION AND CONSOLIDATED STATEMENT OF ACTIVITIES. THE ASSOCIATION RECORDS LIABILITIES FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN WHEN THOSE POSITIONS ARE DEEMED UNCERTAIN TO BE UPHELD IN AN EXAMINATION BY TAXING AUTHORITIES. NO LIABILITIES FOR UNCERTAIN INCOME TAX POSITIONS WERE RECORDED AS OF DECEMBER 31, 2024.

Raw XML AppendixShowing 400 of 760 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm2Marshall Cherry
IRS990/Form990PartVIISectionAGrp/PersonNm3Nick Ellis
IRS990/Form990PartVIISectionAGrp/PersonNm4Brandy Milazzo
IRS990/Form990PartVIISectionAGrp/PersonNm5Gary Salamido
IRS990/Form990PartVIISectionAGrp/PersonNm6Henry Batten
IRS990/Form990PartVIISectionAGrp/PersonNm7Jeannette Anselmo
IRS990/Form990PartVIISectionAGrp/PersonNm8Laura Belcher
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IRS990/Form990PartVIISectionAGrp/PersonNm13Shannon Prosser
IRS990/Form990PartVIISectionAGrp/PersonNm14Carlie Houchins
IRS990/Form990PartVIISectionAGrp/PersonNm15Jill Feldman
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IRS990/Form990PartVIISectionAGrp/PersonNm17Kim Boyko
IRS990/Form990PartVIISectionAGrp/PersonNm18Thomas Sheehan
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IRS990/MissionDesc0CATAPULT PROVIDES EMPLOYERS WITH THE CONFIDENCE TO NAVIGATE EVERYDAY OPERATIONAL CHALLENGES, MAKING WORKPLACES MORE EFFECTIVE AND EMPLOYEES MORE SUCCESSFUL.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Training & Development: Catapult offers a range of professional training and development for emerging supervisors and managers, credential preparation for HR professionals, and leadership for individuals expanding their careers. Public courses are offered in-person and online allowing employers to advance their workforce skills and leadership capabilities for the future. Catapult's signature "The Management Advantage" program was recently redesigned allowing additional flexibility for employers to develop their employees through shorter modules. Catapult helps ensure professional standards are maintained for the HR profession while developing critical skills for the future workforce.
IRS990/ProgSrvcAccomActy3Grp/Desc0Publications, Surveys and Tools: Catapult provides an extensive library of data, resources, and tools for members. Launched in 2024, the HUB provides members with access documents, templates, data, and resources that allow companies to remain compliant with workplace laws. Catapult produces employment related publications and surveys including salary, wage and hour, employee benefits, business trends and workforce trends and members receive compliance posters for their workplaces. Through the HUB, Catapult members engage in forum discussions and share best practices across industries and company size.
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