Nonprofit · EIN 45-7023246
COLLEGE FOUNDATION VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION
Also known as WENDY H MCALISTER TTEE
Tax-exempt · RALEIGH, NC 27604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $591,388 | $283,664 | $307,724 | $13,317,146 | $0 | $13,317,146 |
| June 30, 2024 | 990 | $383,378 | $239,344 | $144,034 | $12,372,422 | $0 | $12,372,422 |
| June 30, 2023 | 990 | $426,343 | $235,735 | $190,608 | $11,219,547 | $0 | $11,219,547 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $11,035
- Program service revenue
- $580,353
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $242,636
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $283,664
Balance sheet and other
- Total assets, start of year
- $12,372,422
- Total assets, end of year
- $13,317,146
- Total liabilities, end of year
- $0
- Net assets, end of year
- $13,317,146
- Gross receipts
- $591,388
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2012
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Wendy H McAlister | Trustee Trustee or director, Former | 0.2 | $0 | $257,804 | $32,695 |
| Kevin Bartholomew | Trustee Trustee or director | 1 | $0 | $169,131 | $23,046 |
| Shannon Byers | Trustee Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Wendy H McAlister | Trustee Trustee or director | 0.2 | $0 | $249,363 | $30,361 |
| Karl D Vass Jr | Trustee Trustee or director, Former | 1 | $0 | $177,852 | $26,427 |
| Kevin Bartholomew | Trustee Trustee or director | 1 | $0 | $30,445 | $3,701 |
990 for the year ended June 30, 2023: 2 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Wendy H McAlister | Trustee Trustee or director | 0.2 | $0 | $232,780 | $28,632 |
| Karl D Vass Jr | Trustee Trustee or director | 1 | $0 | $185,278 | $25,107 |
Address and contacts
- Address (IRS master file)
- 2917 HIGHWOODS BLVD, RALEIGH, NC 27604-1004
- In care of
- % COLLEGE FOUNDATION INC
- Principal officer (990 for 2024)
- SHANNON BYERS, 2917 HIGHWOODS BLVD, RALEIGH, NC 27604
- Signed the 990
- Kevin Bartholomew, Trustee
- Phone
- (919) 834-2893
Mission
None.
Program accomplishments
- Payment of post-retirement medical, dental, vision and long-term care insurance premium reimbursements.Expenses $283,664 · revenue $591,388
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-7023246
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $13,317,146
- Income (IRS master file)
- $591,388
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $591,388 | $283,664 | $13,317,146 | IRS |
| 990 | June 2024 | $383,378 | $239,344 | $12,372,422 | IRS |
| 990 | June 2023 | $426,343 | $235,735 | $11,219,547 | XML |
| 990 | June 2022 | $398,352 | $208,551 | $10,668,769 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 45-7023246).
Questions about COLLEGE FOUNDATION VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION
- What is the EIN of COLLEGE FOUNDATION VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION?
- The employer identification number (EIN) of COLLEGE FOUNDATION VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION is 45-7023246.
- Is COLLEGE FOUNDATION VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2014.
- Are donations to COLLEGE FOUNDATION VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COLLEGE FOUNDATION VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION 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 COLLEGE FOUNDATION VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION 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 COLLEGE FOUNDATION VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION 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 COLLEGE FOUNDATION VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION?
- The 990 for the year ended June 30, 2025 names SHANNON BYERS.
- Who are the officers and directors of COLLEGE FOUNDATION VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does COLLEGE FOUNDATION VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $591,388, expenses of $283,664 and total assets of $13,317,146 at year end.
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