Civic Intelligence

Association Executives of North Carolina Inc

990 • Fiscal year 2024 • EIN 56-1340540

Sep 01, 2023 to Aug 31, 2024 • Filed on Jan 15, 2025

514 Daniels Street PMB 352Raleigh, NC 27605

(919) 848-8255

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.38x

Higher debt load relative to assets than 83% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

0.56x

Higher debt load relative to revenue than 92% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

73rd percentile

14%

Higher net margin than 73% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

85th percentile

$142,342

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 23.0% of source-year revenue.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

5.1%

Faster revenue growth than 48% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$914,570

Up $97,030 (+12%) from 2023

Net Assets

Up

$566,119

Up $83,407 (+17%) from 2023

Liabilities

Up

$348,451

Up $13,623 (+4.1%) from 2023

Revenue

Up

$617,755

Up $29,733 (+5.1%) from 2023

Expenses

Up

$534,348

Up $8,421 (+1.6%) from 2023

Net Income

Up

$83,407

Up $21,312 (+34%) from 2023

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $553,553Liabilities 2011: $313,724Net Assets 2011: $239,8282011Assets 2012: $527,374Liabilities 2012: $336,360Net Assets 2012: $191,0142012Assets 2013: $483,994Liabilities 2013: $316,402Net Assets 2013: $167,5922013Assets 2014: $463,254Liabilities 2014: $267,445Net Assets 2014: $195,8092014Assets 2015: $466,157Liabilities 2015: $265,228Net Assets 2015: $200,9292015Assets 2016: $500,865Liabilities 2016: $295,853Net Assets 2016: $205,0122016Assets 2017: $446,759Liabilities 2017: $214,397Net Assets 2017: $232,3622017Assets 2018: $605,931Liabilities 2018: $316,218Net Assets 2018: $289,7132018Assets 2020: $685,076Liabilities 2020: $244,158Net Assets 2020: $440,9182020Assets 2021: $524,241Liabilities 2021: $110,313Net Assets 2021: $413,9282021Assets 2022: $745,185Liabilities 2022: $324,568Net Assets 2022: $420,6172022Assets 2023: $817,540Liabilities 2023: $334,828Net Assets 2023: $482,7122023Assets 2024: $914,570Liabilities 2024: $348,451Net Assets 2024: $566,1192024

Highlighted filing

2024

Assets$914,570
Liabilities$348,451
Net Assets$566,119

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $529,921Expenses 2011: $522,042Net Income 2011: $7,8792011Revenue 2012: $475,104Expenses 2012: $523,919Net Income 2012: -$48,8152012Revenue 2013: $541,885Expenses 2013: $551,039Net Income 2013: -$9,1542013Revenue 2014: $549,153Expenses 2014: $520,936Net Income 2014: $28,2172014Revenue 2015: $558,718Expenses 2015: $553,598Net Income 2015: $5,1202015Revenue 2016: $521,715Expenses 2016: $517,632Net Income 2016: $4,0832016Revenue 2017: $545,309Expenses 2017: $523,994Net Income 2017: $21,3152017Revenue 2018: $570,624Expenses 2018: $513,273Net Income 2018: $57,3512018Revenue 2020: $542,831Expenses 2020: $461,358Net Income 2020: $81,4732020Revenue 2021: $436,495Expenses 2021: $463,485Net Income 2021: -$26,9902021Revenue 2022: $492,206Expenses 2022: $485,517Net Income 2022: $6,6892022Revenue 2023: $588,022Expenses 2023: $525,927Net Income 2023: $62,0952023Revenue 2024: $617,755Expenses 2024: $534,348Net Income 2024: $83,4072024

Highlighted filing

2024

Revenue$617,755
Expenses$534,348
Net Income$83,407
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jan 15, 2025
Return Version
2023v6.0
Gross Receipts
$623,831
Mission and Program Overview

Mission

To promote and improve professionalism and effectiveness of trade, service and professional associations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$411,756$429,781▲ $18,025
Savings and Temporary Cash Investments$235,699$343,331▲ $107,632
Accounts Receivable$145,398$134,453▼ $10,945
Prepaid Expenses and Deferred Charges$23,262$6,264▼ $16,998
Land, Buildings, and Equipment, Net$1,425$741▼ $684
Total Assets$817,540$914,570▲ $97,030
Liabilities
Deferred Revenue$312,490$339,395▲ $26,905
Accounts Payable and Accrued Expenses$22,338$8,756▼ $13,582
Other Liabilities$0$300▲ $300
Total Liabilities$334,828$348,451▲ $13,623
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$482,712$566,119▲ $83,407
Total Net Assets Fund Balance$482,712$566,119▲ $83,407
Total Liabilities and Net Assets / Fund Balance$817,540$914,570▲ $97,030

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$741$3,391$4,132
Other Land Buildings$0$340$340
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rich PhaneufCEO / Executive DirectorFT$134,842$7,500$142,342

Board Members and Trustees

NameTitle
Brian McArtenImmediate Past President, Executive Committee
Kathryn AtkinsonPresident Elect, Executive Committee
Phil LuceyPresident, Executive Committee
Andrew SchmidtAffiliate Board Member
Ashley PittmanAffiliate Board Member
Malinda HarrellAffiliate Board Member
Melissa BucciAffiliate Board Member
Adam LevyAssociation Board Member
Anna Beavon GravelyAssociation Board Member
Keri Epps-RashadAssociation Board Member
Melissa KlingburgAssociation Board Member
Robert BroomeAssociation Board Member
Sarah RoysterAssociation Board Member
Trevor JohnsonAssociation Board Member
TJ BugbeeSecretary/Treasurer, Executive Committee
Revenue and Support

Revenue Composition

Contributions and Grants
$28,217
Program Service Revenue
$512,273
Investment Income
$8,941
Other Revenue
$68,324
Change in Net Assets
$83,407
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$366,941
Other Expenses$167,407
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$174,187
Current Officers, Directors, Trustees, and Key Employees---$147,948
Conferences and Meetings---$80,559
Payroll Taxes---$24,213
Fees for Services Accounting---$20,985
Other Employee Benefits---$20,593
Fees for Services Other---$15,149
Occupancy---$13,779
Information Technology---$9,140
Insurance---$5,892
Travel---$5,417
Advertising---$3,793
Office Expenses---$3,059
Depreciation Depletion---$684
Other Expenses---$444
Total Functional Expenses$0$0$0$534,348
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,750
Fundraising Direct Expenses$6,076
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Silent Auction$15,660---
Golf Fundraiser$19,307$6,750$1,811$4,939
Total Events$34,967$6,750$6,076$674
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Retirement Liability$300
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

Association executives of north carolina is a professional membership association whose members have the right to approve elected officials of the organization and to seek election or appointments within the organization.

Form 990, Part VI, Section A, line 7A

Association Professional Membership shall be available to those individuals (a) who are employed by a professional, trade, technical, educational, service, philanthropic, or business association, or other similar membership societies with a common professional or business interest, including organizations that are tax exempt under Sections 501(c)(6) or 501(c)(3) of the Internal Revenue Code, or (b) who are employed by an association management company that is retained or otherwise engaged for hire by an association on an on-going basis to provide general association management functions. At all Business and Special meetings of AENC, each Association Professional Member shall have one (l) vote and must be present to vote, except as provided in Section 5. Unless otherwise specifically provided by these Bylaws, a majority vote of those Association Professional Members present and voting shall govern. Voting by proxy is not permitted. The other membership categories, Affiliate Members, and Life, Retirement and Honorary members do not have the same voting rights.

Form 990, Part VI, Section A, line 7B

All elected officers are elected by the membership of the organization. Association management members approve amendments to the organization's by-laws.

Form 990, Part VI, Section B, line 11B

The president of the board and the executive director review the form 990 prior to its filing.

Form 990, Part VI, Section B, line 12C

Incoming officers and directors are provided with the policies when first elected to serve. This document is affirmed by the board member and a copy is retained by the organization. Policy requires disclosure of all conflicts of interest as soon as they become aware of such conflicts of interest.

Form 990, Part VI, Section B, line 15

The executive director's base compensation as well as adjustments and bonuses are based on consideration of performance, comparabililty data, and the budgetary and financial position of the organization. The executive committee reviews and approves, in writing, the executive director's compensation.

Form 990, Part VI, Section C, line 19

Governing documents, internal policies, and financial statements are not available to the general public.

Filing and Contact Details

Filer

Filer Name
Association Executives of
EIN
56-1340540
Phone
9198488255
Address
514 Daniels Street PMB 352, Raleigh, NC 27605

Signing Officer

Name
Rich Phaneuf
Title
CEO & Executive Director
Phone
9198488255
Signed
2025-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rich Phaneuf
Formed
1982
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
3
Volunteers
20

Preparer

Firm
Stancil PC
Address
4909 Windy Hill Drive, Raleigh, NC 27609
Preparer
David Piscorik
Phone
9198721260
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Association is a not-for-profit organization and is exempt from income taxes under Section 501(c)(6) of the Internal Revenue Code. However, income from certain activities not directly related to the Association's tax-exempt purpose is subject to taxation as unrelated business income. The Association's primary activities subject to taxation include newsletter and resource guide advertising revenues. Income tax related to unrelated business income was $6,237 for the year ended August 31, 2024. It is the Association's policy to evaluate all tax positions to identify those that may be considered uncertain. All identified material tax positions are assessed and measured by a "more-likely-than-not" threshold to determine if the benefit of any uncertain tax position should be recognized in the financial statements. Any changes in the amount of a tax position are recognized in the period the change occurs. The Association files its Form 990 series tax returns in the U.S. Federal jurisdiction and with the North Carolina Department of Revenue. The Association's returns are subject to examination by the Internal Revenue Service for a period of three years after the respective filing deadlines. In addition, the Association's state tax returns for the same years are subject to examination by state authorities for similar time periods.

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IRS990/Form990PartVIISectionAGrp/PersonNm15Rich Phaneuf
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Immediate Past President, Executive Committee
IRS990/Form990PartVIISectionAGrp/TitleTxt1President, Executive Committee
IRS990/Form990PartVIISectionAGrp/TitleTxt2President Elect, Executive Committee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary/Treasurer, Executive Committee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Association Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Association Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Association Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Association Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Association Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Association Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Association Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Affiliate Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Affiliate Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Affiliate Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15CEO / Executive Director
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0741
IRS990/LandBldgEquipCostOrOtherBssAmt04472
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE AND IMPROVE PROFESSIONALISM AND EFFECTIVENESS OF TRADE, SERVICE AND PROFESSIONAL ASSOCIATIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0482712
IRS990/NetAssetsOrFundBalancesEOYAmt0566119
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0674
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0674
IRS990/NetUnrelatedBusTxblIncmAmt042943
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0482712
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0566119
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt013779
IRS990/OfficeExpensesGrp/TotalAmt03059
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020593
IRS990/OtherExpensesGrp/Desc0Income Tax Expense
IRS990/OtherExpensesGrp/Desc1Bad Debt Expense
IRS990/OtherExpensesGrp/Desc2Prospect Entertainment
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/TotalAmt06237
IRS990/OtherExpensesGrp/TotalAmt11265
IRS990/OtherExpensesGrp/TotalAmt21004
IRS990/OtherExpensesGrp/TotalAmt3444
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0300
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/BusinessCd1541800
IRS990/OtherRevenueMiscGrp/BusinessCd2611430
IRS990/OtherRevenueMiscGrp/Desc0Advertising Income
IRS990/OtherRevenueMiscGrp/Desc1Marketing Income
IRS990/OtherRevenueMiscGrp/Desc2Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04500
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1240
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt062910
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2240
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt062910
IRS990/OtherRevenueTotalAmt067650
IRS990/OtherSalariesAndWagesGrp/TotalAmt0174187
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt024213
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023262
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06264
IRS990/PrincipalOfficerNm0Rich Phaneuf
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/BusinessCd2611430
IRS990/ProgramServiceRevenueGrp/BusinessCd3611430
IRS990/ProgramServiceRevenueGrp/BusinessCd4611430
IRS990/ProgramServiceRevenueGrp/Desc0Luncheons, Meetings, a
IRS990/ProgramServiceRevenueGrp/Desc1Trade Shows
IRS990/ProgramServiceRevenueGrp/Desc2Membership Dues
IRS990/ProgramServiceRevenueGrp/Desc3Legislative Reception
IRS990/ProgramServiceRevenueGrp/Desc4Career Center
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0156795
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1149320
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2144615
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt346030
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt414537
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0156795
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1149320
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2144615
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt346030
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt414537
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION HELD MEETINGS, LUNCHEONS, AND SEMINARS, AND A LEGISLATIVE RECEPTION, THROUGHOUT THE YEAR ENDED AUGUST 31, 2024. THESE PROGRAMS ENABLED MEMBERS TO EXCHANGE INFORMATION AND IMPROVE THEIR KNOWLEDGE AND EXPERTISE OF ASSOCIATION MANAGEMENT.
IRS990/ProgSrvcAccomActy3Grp/Desc0DURING FISCAL YEAR 2024, THE ORGANIZATION PUBLISHED 51 WEEKLY NEWSLETTERS TO INFORM MEMBERS OF UPCOMING EVENTS. IT ALSO PUBLISHED TWENTY-FOUR SEMI-MONTHLY E-NEWSLETTERS (SUCCESS BY ASSOCIATION) AS WELL AS ITS ANNUAL RESOURCE DIRECTORY. THESE PUBLICATIONS SERVE TO KEEP MEMBERS INFORMED ABOUT MATTERS PERTINENT TO ASSOCIATION MANAGEMENT, ASSOCIATION EVENTS, AND EDUCATIONAL OPPORTUNITIES.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt024959
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04526
IRS990/PYOtherExpensesAmt0178075
IRS990/PYOtherRevenueAmt061239
IRS990/PYProgramServiceRevenueAmt0497298
IRS990/PYRevenuesLessExpensesAmt062095
IRS990/PYSalariesCompEmpBnftPaidAmt0347852
IRS990/PYTotalExpensesAmt0525927
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0588022
IRS990/ReconcilationRevenueExpnssAmt083407
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0235699
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0343331
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0741
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03391
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04132
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0340
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0340
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Retirement Liability
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Association is a not-for-profit organization and is exempt from income taxes under Section 501(c)(6) of the Internal Revenue Code. However, income from certain activities not directly related to the Association's tax-exempt purpose is subject to taxation as unrelated business income. The Association's primary activities subject to taxation include newsletter and resource guide advertising revenues. Income tax related to unrelated business income was $6,237 for the year ended August 31, 2024. It is the Association's policy to evaluate all tax positions to identify those that may be considered uncertain. All identified material tax positions are assessed and measured by a "more-likely-than-not" threshold to determine if the benefit of any uncertain tax position should be recognized in the financial statements. Any changes in the amount of a tax position are recognized in the period the change occurs. The Association files its Form 990 series tax returns in the U.S. Federal jurisdiction and with the North Carolina Department of Revenue. The Association's returns are subject to examination by the Internal Revenue Service for a period of three years after the respective filing deadlines. In addition, the Association's state tax returns for the same years are subject to examination by state authorities for similar time periods.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0741
IRS990ScheduleD/TotalLiabilityAmt0300
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt028217
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt012557
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt015660
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06076
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Fundraiser
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Silent Auction
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019307
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt015660
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt034967
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt06750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt06750
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0674
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01811
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01811
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04265
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04265
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ASSOCIATION EXECUTIVES OF NORTH CAROLINA IS A PROFESSIONAL MEMBERSHIP ASSOCIATION WHOSE MEMBERS HAVE THE RIGHT TO APPROVE ELECTED OFFICIALS OF THE ORGANIZATION AND TO SEEK ELECTION OR APPOINTMENTS WITHIN THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Association Professional Membership shall be available to those individuals (a) who are employed by a professional, trade, technical, educational, service, philanthropic, or business association, or other similar membership societies with a common professional or business interest, including organizations that are tax exempt under Sections 501(c)(6) or 501(c)(3) of the Internal Revenue Code, or (b) who are employed by an association management company that is retained or otherwise engaged for hire by an association on an on-going basis to provide general association management functions. At all Business and Special meetings of AENC, each Association Professional Member shall have one (l) vote and must be present to vote, except as provided in Section 5. Unless otherwise specifically provided by these Bylaws, a majority vote of those Association Professional Members present and voting shall govern. Voting by proxy is not permitted. The other membership categories, Affiliate Members, and Life, Retirement and Honorary members do not have the same voting rights.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL ELECTED OFFICERS ARE ELECTED BY THE MEMBERSHIP OF THE ORGANIZATION. ASSOCIATION MANAGEMENT MEMBERS APPROVE AMENDMENTS TO THE ORGANIZATION'S BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT OF THE BOARD AND THE EXECUTIVE DIRECTOR REVIEW THE FORM 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INCOMING OFFICERS AND DIRECTORS ARE PROVIDED WITH THE POLICIES WHEN FIRST ELECTED TO SERVE. THIS DOCUMENT IS AFFIRMED BY THE BOARD MEMBER AND A COPY IS RETAINED BY THE ORGANIZATION. POLICY REQUIRES DISCLOSURE OF ALL CONFLICTS OF INTEREST AS SOON AS THEY BECOME AWARE OF SUCH CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE DIRECTOR'S BASE COMPENSATION AS WELL AS ADJUSTMENTS AND BONUSES ARE BASED ON CONSIDERATION OF PERFORMANCE, COMPARABILILTY DATA, AND THE BUDGETARY AND FINANCIAL POSITION OF THE ORGANIZATION. THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES, IN WRITING, THE EXECUTIVE DIRECTOR'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, INTERNAL POLICIES, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0817540
IRS990/TotalAssetsEOYAmt0914570
IRS990/TotalAssetsGrp/BOYAmt0817540
IRS990/TotalAssetsGrp/EOYAmt0914570
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt028217
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt0534348
IRS990/TotalGrossUBIAmt062910
IRS990/TotalLiabilitiesBOYAmt0334828
IRS990/TotalLiabilitiesEOYAmt0348451
IRS990/TotalLiabilitiesGrp/BOYAmt0334828
IRS990/TotalLiabilitiesGrp/EOYAmt0348451
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0482712
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0566119
IRS990/TotalOtherCompensationAmt07500
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0976
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0976
IRS990/TotalProgramServiceRevenueAmt0512273

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.15$3.48$5.66$6.18$5.34$0.83
2023Summary only. Only limited summary data is available for this year.$8.18$3.35$4.83$5.88$5.26$0.62
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.45$3.25$4.21$4.92$4.86$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.24$1.10$4.14$4.36$4.63$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.85$2.44$4.41$5.43$4.61$0.81
2018Summary only. Only limited summary data is available for this year.$6.06$3.16$2.90$5.71$5.13$0.57
2017Summary only. Only limited summary data is available for this year.$4.47$2.14$2.32$5.45$5.24$0.21
2016Summary only. Only limited summary data is available for this year.$5.01$2.96$2.05$5.22$5.18$0.04
2015Summary only. Only limited summary data is available for this year.$4.66$2.65$2.01$5.59$5.54$0.05
2014Summary only. Only limited summary data is available for this year.$4.63$2.67$1.96$5.49$5.21$0.28
2013Summary only. Only limited summary data is available for this year.$4.84$3.16$1.68$5.42$5.51$0.09
2012Summary only. Only limited summary data is available for this year.$5.27$3.36$1.91$4.75$5.24$0.49
2011Summary only. Only limited summary data is available for this year.$5.54$3.14$2.40$5.30$5.22$0.08