2025-07-31T07:16:00-05:00 2024-12-31 273858252 DEAN DORTON ALLEN FORD PLLC 4130 PARKLAKE AVE STE 400 RALEIGH NC 27612 990 2024-01-01 566065232 AC & LILLIAN D BULLA MEMORIAL FOUNDATION AC&L 9198327535 228 WEST EDENTON STREET RALEIGH NC 27603 JOHNNY NEESE PRESIDENT 9198327535 2025-07-30 1 1 MICHELLE FOOTE P01368646 9198792909 2024 2025-03-06 01:10:19Z JOHNNY NEESE 228 WEST EDENTON STREET RALEIGH NC 27603 817971 0 X N/A X 1962 NC THE PURPOSE OF THE A.C. AND LILLIAN D. BULLA MEMORIAL FOUNDATION, INC. IS TO USE THE PRINCIPAL AND NET INCOME RECEIVED FROM THE PRINCIPAL FUNDS HELD BY THE FOUNDATION FOR TWO PURPOSES: A STUDENT LOAN FUND AND A PERMANENT IMPROVEMENT FUND TO BENEFIT EDENTON STREET UNITED METHODIST CHURCH. 6 6 0 8 0 0 0 0 10225 9946 63404 95263 0 0 73629 105209 125000 25060 0 0 0 0 0 0 0 22851 22053 147851 47113 -74222 58096 3554530 3773117 0 0 3554530 3773117 X THE PURPOSE OF THE A.C. AND LILLIAN D. BULLA MEMORIAL FOUNDATION, INC. IS TO USE THE NET INCOME RECEIVED FROM THE PRINCIPAL FUNDS HELD BY THE FOUNDATION FOR TWO PURPOSES: A STUDENT LOAN FUND AND A PERMANENT IMPROVEMENT FUND. THE STUDENT LOAN FUND IS AVAILABLE UPON AN APPLICATION AND REVIEW PROCESS AND APPROVAL BY THE BOARD. THE PERMANENT IMPROVEMENT FUND IS MEANT TO BE A LASTING TRIBUTE TO THE BULLAS AND IS AVAILABLE UPON APPROVAL OF THE BOARD. 0 0 1125 9946 TO DISBURSE STUDENT LOAN FUNDS TO PERSONS WHO DESIRE A COLLEGE OR POST-GRADUATE EDUCATION. 28435 25060 TO DISBURSE FUNDS FOR PERMANENT IMPROVEMENT FOR THE BENEFIT OF EDENTON STREET UNITED METHODIST CHURCH AND TO BE A FITTING AND LASTING TRIBUTE TO DR. AND MRS. BULLA. 29560 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 0 0 0 X LISA PACE 9198327535 228 WEST EDENTON STREET RALEIGH NC 27603 X JOHNNY NEESE PRESIDENT 2.00 X X 0 0 0 LEE BLACK VICE PRESIDENT 2.00 X X 0 0 0 BUDDY WHELESS BOARD MEMBER 2.00 X 0 0 0 JOYCE LEDBETTER BOARD MEMBER 2.00 X 0 0 0 MOLLY WATTERS BOARD MEMBER 2.00 X 0 0 0 WILLIS SMITH BOARD MEMBER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 STUDENT LOAN INTEREST 522100 9946 9946 9946 88804 88804 719221 712762 6459 6459 6459 105209 9946 0 95263 25060 25060 6000 4500 1500 16030 16030 23 23 47113 29560 17553 0 120553 55470 457167 457248 2976810 3260399 3554530 3773117 0 0 X 3554530 3773117 3554530 3773117 3554530 3773117 58096 160491 0 X 0 1 X 1 0 X X 1 EDENTON STREET UNITED METHODIST CHURCH 581553356 1 1 25060 0 1 25060 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1 1 PART IV, SECTION D, LINE 2 THE ARTICLES OF INCORPORATION OF THE FOUNDATION REQUIRE THAT BOARD OF DIRECTORS CONSIST OF THE PERSON HOLDING THE OFFICE OF PASTOR IN CHARGE OF EDENTON STREET UNITED METHODIST CHURCH AND THE PERSON HOLDING THE OFFICE OF SUPERINTENDENT OF THE CHURCH SCHOOL OF EDENTON STREET UNITED METHODIST CHURCH, PLUS 6 ADDITIONAL ELECTED DIRECTORS. PART IV, SECTION E, LINE 2A THE FOUNDATION IS A STUDENT LOAN FUND FOR WORTHY BOYS AND GIRLS WHO DESIRE A COLLEGE OR POST-GRADUATE EDUCATION. THE FOUNDATION ALSO MAY PROVIDE BENEFITS TO EDENTON STREET UNITED METHODIST CHURCH TO BE USED FOR THE PURPOSES OF CONSTRUCTING BUILDINGS, ADDITIONS OR PERMANENT IMPROVEMENTS FOR THE CHURCH. THE FOUNDATION OPERATES OUT OF THE CHURCH. PART IV, SECTION E, LINE 2B EDENTON STREET UNITED METHODIST CHURCH WOULD NEED TO MAKE PERMANENT IMPROVEMENTS, CONSTRUCT BUILDINGS, ETC. EVEN IF THE FOUNDATION WERE NOT PROVIDING THESE BENEFITS. 2468505 235092 96771 20317 2586509 2237619 341988 93299 17803 2468505 2741551 -370902 114525 18505 2237619 2438260 388955 65595 20069 2741551 2255540 170 283214 84436 16228 2438260 1.00000 0 0 0 265700 160491 160491 105209 0 105209 47113 0 47113 0 47113 1 EDENTON STREET UNITED METHODIST CHURCH 223 W EDENTON STREET RALEIGH NC 27603 581553356 501(C)(3) 25060 0 PERMANENT IMPROVEMENT FOR THE BENEFIT OF THE CHURCH. PART I, LINE 2: THE ORGANIZATION IS A FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION TO THE RECEIPIENT ENTITY, WHICH ENABLES THE BOARD TO MONITOR THE USE OF GRANT FUNDS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE ASSISTANT AND PRESIDENT REVIEW THE FORM 990 BEFORE IT IS FILED, AND THEN THE FORM 990 IS EMAILED TO THE REST OF THE BOARD FOR REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION TIMELY ACKNOWLEDGES ANY REQUESTS FOR COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS, AND IT PROVIDES THE INFORMATION AS SOON AS POSSIBLE. EDENTON STREET UNITED METHODIST CHURCH 223 W EDENTON STREET RALEIGH NC 27603 581553356 CHURCH NC 501(C)(3) 170(B)(1)(A)(I) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 EDENTON STREET UNITED METHODIST N EDENTON STREET UNITED METHODIST B 25060 CASH