2025-02-17T08:34:55-06:00 2024-06-30 844233121 SHARPE PATEL CPA 5510 SIX FORKS ROAD SUITE 140 RALEIGH NC 27609 990 2023-07-01 560466492 GFWC OF NORTH CAROLINA INC GFWC 9197908684 7474 CREEDMOOR ROAD 310 RALEIGH NC 27613 KAREN THROCKMORTON PRESIDENT 9197908684 2025-02-13 1 1 REBECCA FISHER P01690017 7044993893 2023 2025-03-06 01:10:19Z KAREN THROCKMORTON 7474 CREEDMOOR ROAD 310 RALEIGH NC 27613 627253 0 X WWW.GFWCNC.ORG X 1902 NC TO UNITE MEMBER CLUBS INTO A STATEWIDE CHARITABLE ORGANIZATION OF VOLUNTEERS FOR THE PROMOTION OF EDUCATION, COMMUNITY SERVICE, FELLOWSHIP, AND LEADERSHIP DEVELOPMENT. 16 15 2 16 0 0 126563 149306 47528 57305 -20877 49861 11603 17205 164817 273677 11850 18450 0 0 60125 64386 0 0 14190 150820 159342 222795 242178 -57978 31499 1439002 1563299 30148 13606 1408854 1549693 THE GFWC OF NORTH CAROLINA IS A MEMBER OF THE GENERAL FEDERATION OF WOMEN'S CLUBS AND ITS PURPOSE IS TO UNITE MEMBER CLUBS INTO A STATEWIDE CHARITABLE ORGANIZATION OF VOLUNTEERS FOR THE PROMOTION OF EDUCATION, COMMUNITY SERVICE, FELLOWSHIP, AND LEADERSHIP DEVELOPMENT. 0 0 145014 57315 EFFORTS TOWARD COORDINATING THE STATE'S WOMEN'S CLUBS INCLUDING MEETINGS, CONVENTION EXPENDITURES, MAGAZINE COSTS, AND PROMOTING COMMUNITY SERVICE PROGRAMS THROUGH ARTS & CULTURE, CIVIC ENGAGEMENT, EDUCATION & LIBRARIES, ENVIRONMENT, AND HEALTH & WELLNESS. 16394 16000 SCHOLARSHIPS: SALLIE SOUTHALL COTTEN IS A FOUR YEAR ANNUAL SCHOLARSHIP GIVEN TO AN ACADEMIC AND WELL-ROUNDED STUDENT. COMPETITION IS BASED ON THE NINE DISTRICT WINNERS WHICH ARE ALL INTERVIEWED AND JUDGED ANNUALLY IN THE SPRING. THE GFWC-NC GREESON-JOHNSON TEACHING SCHOLARSHIP IS A $2,000 SCHOLARSHIP AWARDED ANNUALLY AT APPALACHIAN STATE UNIVERSITY TO A JUNIOR OR SENIOR STUDENT FROM NORTH CAROLINA WHO IS ENROLLED IN THE TEACHER EDUCATION PROGRAM WITHIN THE REICH COLLEGE OF EDUCATION. 12387 2450 ARTS FESTIVAL: HELD ANNUALLY, IT IS A CELEBRATION OF THE ARTS WHICH IS NEARLY AS OLD AS OUR ORGANIZATION. COMPETITION AND VARIOUS MEDIUMS BASED ON DISTRICT WINNERS ARE HELD FOR BOTH CLUBWOMEN AND STUDENTS. STUDENT WINNERS RECEIVE SCHOLARSHIPS. THE ONE DAY EVENT IS HELD AT THE COMMUNITY CENTER IN MEBANE, NC. WINNERS ARE FROM THE ENTIRE STATE AND IT IS ADVERTISED IN OUR GFWC-NC ADMINISTRATION BOOK WHICH LOCAL CLUBS SHARE WITH THEIR AREA SCHOOLS. 173795 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 NC X FRANCES LEWIS 9196129476 4413 WESTWOOD PLACE RALEIGH NC 27613 KAREN THROCKMORTON PRESIDENT 1.00 X X 0 0 0 CINDY HEWETT PRESIDENT-ELECT 1.00 X X 0 0 0 ASHLEY RAIN 1ST VICE PRESIDENT 1.00 X X 0 0 0 REBECCA DUFFY 3RD VICE PRESIDENT 1.00 X X 0 0 0 HELEN RICHIE 2ND VICE PRESIDENT 1.00 X X 0 0 0 ANGELA RICHARD RECORDING SECRETARY 1.00 X X 0 0 0 ANNE MOELL TREASURER 1.00 X X 0 0 0 BRITTANY MAY DIR.ELECT OF JUNIOR CLUBS 1.00 X X 0 0 0 NICOLE FLEMING DEAN OF JUNIOR PROGRAMS 1.00 X X 0 0 0 RAYSHA CHOMINSKY JUNIOR MEMBERSHIP CHAIR 1.00 X X 0 0 0 MARY FRANCES GOURLEY JUNIOR SECRETARY 1.00 X X 0 0 0 BETSY GRANNIS CHAIRMAN 1.00 X 0 0 0 ELLEN PATTERSON BOARD MEMBER 1.00 X 0 0 0 LORI SEILER BOARD MEMBER 1.00 X 0 0 0 MARY GRAYSON HART BOARD MEMBER 1.00 X 0 0 0 JILL DEDENE EXECUTIVE DIRECTOR 30.00 X 35206 0 0 35206 0 0 0 0 0 0 0 108104 41202 149306 CONVENTIONS & MEETINGS 900099 57305 57305 57305 34824 34824 366881 351844 15037 15037 15037 18927 1732 17195 17195 OTHER INCOME 900099 10 10 10 273677 57315 0 67056 18450 18450 35206 24116 7921 3169 24390 16708 5487 2195 4790 3281 1078 431 8757 8757 8297 8297 1768 1768 2610 1788 822 5476 3751 1725 5894 4038 1445 411 65098 58246 6852 35010 34615 320 75 403 276 91 36 1709 1709 MISCELLANEOUS EXPENSES 12710 12710 STATE DELEGATES 7931 7931 BANK CHARGES 1358 1358 COST OF GOODS 1021 1021 1300 595 705 242178 173795 54193 14190 110239 87022 51760 54769 382 7467 8779 6570 4381 12009 11613 799 396 1262167 1407570 1439002 1563299 3765 5112 26383 8290 204 30148 13606 X 219109 224973 1189745 1324720 1408854 1549693 1439002 1563299 31499 109340 0 X 0 1 X 1 0 X 122254 33503 149875 126563 149306 581501 118176 105520 53917 60202 57315 395130 8617 15397 24014 249047 154420 203792 186765 206621 1000645 0 0 0 1000645 22891 24504 23646 28353 34824 134218 22891 24504 23646 28353 34824 134218 50 50 18927 18927 271988 178924 227438 215118 260372 1153840 0.86720 0.89930 0.11630 0.10000 X 1035954 13379 123857 33792 1139398 962166 15025 83324 24561 1035954 1144918 12702 -173791 21660 962169 940653 11195 219201 26131 1144918 911670 15309 42592 28918 940653 1.00000 0 0 12009 11613 396 396 X 374720 109340 -8297 101043 273677 0 273677 233881 0 233881 8297 8297 242178 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DONATION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2).DURING THE YEAR ENDED JUNE 30, 2024 AND 2023, THE ORGANIZATION REPORTED NO UNRELATED BUSINESS TAXABLE INCOME WHICH IS DEFINED BY THE IRS AS GROSS INCOME DERIVED FROM ANY UNRELATED TRADE OR BUSINESS THAT IS NOT SUBSTANTIALLY RELATED TO THE ORGANIZATIONS TAX-EXEMPT PURPOSE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. THE PROVISIONS OF FASB ASC 740, INCOME TAXES, REQUIRE THE ORGANIZATION TO EVALUATE UNCERTAIN INCOME TAX PROVISIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATIONS FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES TO PART IX PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES TO PART IX FUNDRAISING - GENERAL 18927 18927 1732 18927 18927 1732 1732 17195 0 S.S. COTTEN SCHOLARSHIPS 9 14000 TEACHING SCHOLARSHIP 1 2000 ART FESTIVAL RECIPENTS 32 2450 FORM 990, PART VI, SECTION A, LINE 7B THE MAJORITY OF THE ORGANIZATION'S DAY-TO-DAY BUSINESS IS GOVERNED BY THE EXECUTIVE COMMITTEE. THE ENTIRE BOARD OF DIRECTORS, APPROXIMATELY 250 MEMBERS, MEET ANNUALLY FOR ELECTIONS, BYLAWS AND RESOLUTION CHANGES, AND CERTAIN OTHER BUSINESS WHICH IS SUBJECT TO A VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE BOARD OF TRUSTEES ALONG WITH THE EXECUTIVE DIRECTOR PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C AN ETHICS POLICY WHICH ADDRESSES CONFLICT OF INTEREST AND CONFIDENTIALITY ISSUES IS GIVEN TO EACH GFWC-NC OFFICER AND TRUSTEE TO SIGN OFF ON UPON THEIR ELECTION. THESE ARE KEPT IN THE OFFICE WITH THE FINANCIAL POLICIES AND MADE AVAILABLE TO ANY MEMBER UPON REQUEST. IN ADDITION, EACH OFFICER AND TRUSTEE SIGNS BI-ANNUAL STATEMENTS STATING THAT THEY HAVE READ, UNDERSTAND, AND AGREE TO COMPLY WITH THE POLICY. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES, PERIODIC REVIEWS ARE CONDUCTED WHICH ENSURE THAT COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE AND BUSINESS DEALS ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT, OR AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE PERSONNEL COMMITTEE ANNUALLY EVALUATES THE EXECUTIVE DIRECTOR'S SALARY AND MAKES RECOMMENDATIONS BASED ON PERFORMANCE AND A REVIEW OF COMPARABILITY DATA INCLUDING COMPENSATION FOR POSITIONS AT SIMILAR ORGANIZATIONS ACROSS THE STATE. THE PERSONNEL COMMITTEE IS COMPRISED OF MEMBERS OF THE EXECUTIVE COMMITTEE, BOARD OF TRUSTEES, AND FINANCE COMMITTEE. THE EXECUTIVE DIRECTOR REVIEWS SALARIES OF ALL OTHER PERSONNEL ON AN ANNUAL BASIS AND SUBMITS PROPOSED ADJUSTEMENTS TO THE PERSONNEL COMMITTEE FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 ALL GFWC GOVERNING DOCUMENTS, CHARTER, ARTICLES OF INCORPORATION, SIGNED ETHICS POLICIES, FINANCIAL POLICIES, AUDIT REPORTS, AND MONTHLY FINANCIAL STATEMENTS ARE KEPT AT HEADQUARTERS OFFICE, BUT ARE MADE AVAILABLE TO THE PUBLIC. OUR BYLAWS, POLICIES AND PROCEDURES, AND BUDGET ARE PUBLISHED IN OUR ADMINISTRATION BOOK.