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Nonprofit · EIN 23-7288999

CAPITAL AREA PRESERVATION INC

Tax-exempt · RALEIGH, NC 27604

Financials

$932K$286K2022$331K$296K2023$602K$283K2024
Revenue Expenses · by fiscal year end
Financials of CAPITAL AREA PRESERVATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$601,511$283,082$318,429$9,268,623$99,842$9,168,781
June 30, 2024990$331,098$296,035$35,063$9,022,744$171,817$8,850,927
June 30, 2023990$931,790$285,735$646,055$8,905,191$128,074$8,777,117
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$415,376
Program service revenue
$160,703
Investment income
$25,122
Net gain from sales of assets
$6,234
Other revenue
$310

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$199,368
Salaries, compensation and benefits (total)
$223,718
Professional fundraising fees
$0
Accounting fees
$10,236
Occupancy
$24,405
Travel
$1,491
Program services (functional)
$227,647
Management and general (functional)
$48,426
Fundraising (functional)
$7,009

Balance sheet and other

Total assets, start of year
$9,022,744
Total assets, end of year
$9,268,623
Total liabilities, end of year
$99,842
Net assets, end of year
$9,168,781
Publicly traded securities
$991
Net assets without donor restrictions
$8,977,820
Net assets with donor restrictions
$190,961
Gross receipts
$980,277
Employees
2
Year formed
1972
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
GARY ROTHPRES/CEO
Trustee or director, Officer
40$128,779
KATHRYN DRAKECHAIR
Trustee or director, Officer
–$0
JEREMY D MEDLINVICE CHAIR
Trustee or director, Officer
–$0
STEPHANIE S ASHWORTHSECRETARY
Trustee or director, Officer
–$0
J MICHAEL EDWARDSTREASURER/FI
Trustee or director, Officer
–$0
DEBORAH UNDERWOOD BROWNDIRECTOR
Trustee or director
–$0
CASEY ATWATERDEVELOPMENT
Trustee or director
–$0
MICHAEL INGRAMDIRECTOR
Trustee or director
–$0
MARK R BARKERDIRECTOR
Trustee or director
–$0
KYLE SMALLINGDIRECTOR
Trustee or director
–$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
KATHRYN DRAKECHAIR
Trustee or director, Officer
–$0
JEREMY D MEDLINVICE CHAIR
Trustee or director, Officer
–$0
GARY ROTHPRES/CEO
Trustee or director, Officer
–$0
STEPHANIE S ASHWORTHSECRETARY
Trustee or director, Officer
–$0
J MICHAEL EDWARDSTREASURER/FI
Trustee or director, Officer
–$0
DEBORAH UNDERWOOD BROWNDIRECTOR
Trustee or director
–$0
CASEY ATWATERDEVELOPMENT
Trustee or director
–$0
MICHAEL INGRAMDIRECTOR
Trustee or director
–$0
MARK R BARKERDIRECTOR
Trustee or director
–$0
KYLE SMALLINGDIRECTOR
Trustee or director
–$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgs
GARY ROTHPRES/CEO
Trustee or director, Officer
40$0$117,585
KATHRYN DRAKECHAIR
Trustee or director, Officer
–$0$0
JEREMY D MEDLINVICE CHAIR
Trustee or director, Officer
–$0$0
STEPHANIE S ASHWORTHSECRETARY
Trustee or director, Officer
–$0$0
J MICHAEL EDWARDSTREASURER/FI
Trustee or director, Officer
–$0$0
DEBORAH UNDERWOOD BROWNDIRECTOR
Trustee or director
–$0$0
CASEY ATWATERDEVELOPMENT
Trustee or director
–$0$0
MICHAEL INGRAMDIRECTOR
Trustee or director
–$0$0
MARK R BARKERDIRECTOR
Trustee or director
–$0$0
KYLE SMALLINGDIRECTOR
Trustee or director
–$0$0

Address and contacts

Address (IRS master file)
1111 HAYNES ST, RALEIGH, NC 27604-2278
Principal officer (990 for 2024)
GARY ROTH
Signed the 990
GARY ROTH, PRES/CEO
Phone
(919) 833-6404
Return prepared by
MITCHELL & NEMITZ PA

Mission

HISTORIC PRESERVATION

990 for the year ended June 30, 2025

Program accomplishments

  • ACCEPT HISTORIC PRESERVATION EASEMENTS AND MANAGE WAKE COUNTY'S HISTORIC PRESERVATION PROGRAM
    Expenses $227,647

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7288999
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1974
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,268,623
Income (IRS master file)
$980,277

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$601,511$283,082$9,268,623IRS
990June 2024$331,098$296,035$9,022,744XML
990June 2023$931,790$285,735$8,905,191XML
990June 2022$761,504$256,757$8,278,495IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7288999).

Questions about CAPITAL AREA PRESERVATION INC

What is the EIN of CAPITAL AREA PRESERVATION INC?
The employer identification number (EIN) of CAPITAL AREA PRESERVATION INC is 23-7288999.
Is CAPITAL AREA PRESERVATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to CAPITAL AREA PRESERVATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CAPITAL AREA PRESERVATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CAPITAL AREA PRESERVATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CAPITAL AREA PRESERVATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CAPITAL AREA PRESERVATION INC?
The 990 for the year ended June 30, 2025 names GARY ROTH.
Who are the officers and directors of CAPITAL AREA PRESERVATION INC?
The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $128,779 (GARY ROTH, PRES/CEO).
How much revenue does CAPITAL AREA PRESERVATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $601,511, expenses of $283,082 and total assets of $9,268,623 at year end.

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