Nonprofit · EIN 56-0340977
NORTH CAROLINA PETROLEUM MARKETERS ASSOCIATION INC
Tax-exempt · RALEIGH, NC 27612
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,619,181 | $2,465,132 | $154,049 | $4,450,186 | $904,666 | $3,545,520 |
| December 31, 2024 | 990 | $2,446,667 | $2,201,117 | $245,550 | $4,198,825 | $851,036 | $3,347,789 |
| December 31, 2023 | 990 | $2,138,024 | $2,053,217 | $84,807 | $3,887,211 | $828,785 | $3,058,426 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $8,500
- Program service revenue
- $2,040,285
- Investment income
- $168,166
- Net gain from sales of assets
- $83,661
- Other revenue
- $402,230
Expenses
- Grants and similar amounts paid
- $34,250
- Compensation of officers, directors and key employees
- $209,146
- Other salaries and wages
- $477,755
- Salaries, compensation and benefits (total)
- $826,629
- Professional fundraising fees
- $0
- Legal fees
- $97,208
- Accounting fees
- $16,000
- Travel
- $93,491
- Depreciation
- $31,563
- Program services (functional)
- $2,016,465
- Management and general (functional)
- $448,667
Balance sheet and other
- Total assets, start of year
- $4,198,825
- Total assets, end of year
- $4,450,186
- Total liabilities, end of year
- $904,666
- Net assets, end of year
- $3,545,520
- Land, buildings and equipment
- $347,477
- Publicly traded securities
- $1,998,874
- Net assets without donor restrictions
- $3,545,520
- Gross unrelated business income
- $162,935
- Gross receipts
- $2,872,506
- Employees
- 7
- Volunteers
- 24
- Year formed
- 1927
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GARY HARRIS | EXECUTIVE DIRECTOR Officer | 40 | $192,500 | $16,646 |
| TIMOTHY LAUGHLIN | TECHNICAL DIRECTOR/ENGINEER Highest-paid employee | 40 | $130,750 | $15,052 |
| SHARON VINSON | TRADE SHOW DIRECTOR Highest-paid employee | 40 | $115,501 | $17,876 |
| SHANNON COX | MEMBERSHIP/MEETING DIRECTOR Highest-paid employee | 40 | $103,277 | $8,568 |
| JASON CHERRY | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| SAM METZLER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| HOWELL CLARK | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| WILL BERRY | EXECUTIVE COMMITTEE MEMBER Trustee or director, Officer | 2 | $0 | $0 |
| BEAU WADDELL | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JOHN CLARK | EMA DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| LARS SIMONSEN | ATTORNEY Trustee or director, Officer | 2 | $0 | $0 |
| ED TURLINGTON | LEGISLATIVE Trustee or director, Officer | 2 | $0 | $0 |
| ZACH BUMGARNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RANDY DAVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MILES HARRELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICK ROBERTS | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVIS CLARK | BOARD MEMBER Trustee or director | 1 | $0 |
| ANGELA CLINARD | BOARD MEMBER Trustee or director | 1 | $0 |
| JOSH DAILEY | BOARD MEMBER Trustee or director | 1 | $0 |
| KEVIN GARRISON | BOARD MEMBER Trustee or director | 1 | $0 |
| TERRY KENNEDY | BOARD MEMBER Trustee or director | 1 | $0 |
| ZAC CAMPBELL | BOARD MEMBER Trustee or director | 1 | $0 |
| CANDICE FULCHER | BOARD MEMBER Trustee or director | 1 | $0 |
| HAL JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 |
| ALEX KENNEDY | BOARD MEMBER Trustee or director | 1 | $0 |
| JIMMY MCDONALD | BOARD MEMBER Trustee or director | 1 | $0 |
| BECKY FISHER RICE | BOARD MEMBER Trustee or director | 1 | $0 |
| RICK TURNER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GARY HARRIS | EXECUTIVE DIRECTOR Officer | 40 | $179,400 | $19,237 |
| TIMOTHY LAUGHLIN | TECHNICAL DIRECTOR/ENGINEE Highest-paid employee | 40 | $123,850 | $17,756 |
| SHARON VINSON | TRADE SHOW DIRECTOR Highest-paid employee | 40 | $110,501 | $20,520 |
| BEAU WADDELL | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JASON CHERRY | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| SAM METZLER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| HOWELL CLARK | EXECUTIVE COMMITTEE MEMBER Trustee or director, Officer | 2 | $0 | $0 |
| AUDREY SHEARIN | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JOHN CLARK | EMA DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| LARS SIMONSEN | ATTORNEY Trustee or director, Officer | 2 | $0 | $0 |
| ED TURLINGTON | LEGISLATIVE Trustee or director, Officer | 2 | $0 | $0 |
| WILL BERRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ZACH BUMGARNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVIS CLARK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANGELA CLINARD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSH DAILEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HOWELL CLARK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN GARVER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BUBBA HOPKINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHNNY ROBERTSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SCOTT SHEALEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RANDY DAVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MILES HARRELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NICK ROBERTS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS OLIVER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN GARRISON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TERRY KENNEDY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GARY HARRIS | EXECUTIVE DIRECTOR Officer | 40 | $171,750 | $17,349 |
| TIMOTHY LAUGHLIN | TECHNICAL DIRECTOR/ENGINEERING Highest-paid employee | 40 | $117,750 | $15,550 |
| SHARON VINSON | TRADE SHOW DIRECTOR Highest-paid employee | 40 | $103,250 | $18,063 |
| AUDREY SHEARIN | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| BEAU WADDELL | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JASON CHERRY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SAM METZLER | EXECUTIVE COMMITTEE MEMBER AT LARGE Trustee or director, Officer | 2 | $0 | $0 |
| GENE MCLAURIN | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JOHN CLARK | EMA DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| LARS SIMONSEN | ATTORNEY Trustee or director, Officer | 2 | $0 | $0 |
| ED TURLINGTON | LEGISLATIVE Trustee or director, Officer | 2 | $0 | $0 |
| WILL BERRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ZACH BUMGARNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WESLEY CAMPBELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GRAY DAUGHTRIDGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIMMY WHITE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HOWELL CLARK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN GARVER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BUBBA HOPKINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHNNY ROBERTSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SCOTT SHEALEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RANDY DAVIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MILES HARRELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NICK ROBERTS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS OLIVER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7300 GLENWOOD AVE, RALEIGH, NC 27612-7150
- In care of
- % GARY HARRIS
- Principal officer (990 for 2025)
- GARY HARRIS, 7300 GLENWOOD AVE, RALEIGH, NC 27612
- Signed the 990
- GARY HARRIS, EXECUTIVE DIRECTOR
- Phone
- (919) 782-4411
- Website
- NCPCM.ORG
- Return prepared by
- Stancil PC
Mission
THE ASSOCIATION EXISTS FOR THE SOLE PURPOSE OF PROMOTING THE WELFARE AND PROTECTING THE INTEREST OF THOSE ENGAGED IN MARKETING AND DISTRIBUTION OF PETROLEUM PRODUCTS IN NORTH CAROLINA.
Program accomplishments
- THE ASSOCIATION CONDUCTS A SUMMER CONVENTION AND PERIODIC WORKSHOPS TO HELP PROMOTE THE PETROLEUM AND CONVENIENCE MARKETERS AND CONDUCT THE BUSINESS OF THE ASSOCIATION. CONVENTION SPONSORS AND EXHIBITORS DISPLAY THEIR LATEST PRODUCTS AND SERVICES TO ASSIST IN THE DISTRIBUTION OF PETROLEUM PRODUCTS IN NC (AVG. ATTENDANCE IS 750+)Expenses $420,608 · revenue $340,330
- THE ASSOCIATION SPONSORS A 2-DAY TRADE SHOW AND EXPOSITION THAT FEATURES THE LATEST IN RETAIL AND PETROLEUM TECHNOLOGY AND MARKETING, EDUCATIONAL SEMINARS, AS WELL AS NETWORKING WITH INDUSTRY LEADERS FROM THROUGHOUT THE REGION. (AVG ATTENDANCE 3,500+)Expenses $413,081 · revenue $1,204,203
- THE ASSOCIATION PROMOTES THE WELFARE AND PROTECTS THE INTEREST OF THOSE ENGAGED IN MARKETING AND DISTRIBUTION OF PETROLEUM PRODUCTS IN NORTH CAROLINA.Expenses $1,182,776 · revenue $735,047
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-0340977
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1943
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,450,186
- Income (IRS master file)
- $2,872,506
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,619,181 | $2,465,132 | $4,450,186 | XML |
| 990 | December 2024 | $2,446,667 | $2,201,117 | $4,198,825 | IRS |
| 990 | December 2023 | $2,138,024 | $2,053,217 | $3,887,211 | XML |
| 990 | December 2022 | $1,995,461 | $2,049,228 | $3,689,233 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 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 56-0340977).
Questions about NORTH CAROLINA PETROLEUM MARKETERS ASSOCIATION INC
- What is the EIN of NORTH CAROLINA PETROLEUM MARKETERS ASSOCIATION INC?
- The employer identification number (EIN) of NORTH CAROLINA PETROLEUM MARKETERS ASSOCIATION INC is 56-0340977.
- Is NORTH CAROLINA PETROLEUM MARKETERS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1943.
- Are donations to NORTH CAROLINA PETROLEUM MARKETERS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH CAROLINA PETROLEUM MARKETERS ASSOCIATION 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 NORTH CAROLINA PETROLEUM MARKETERS ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTH CAROLINA PETROLEUM MARKETERS ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NORTH CAROLINA PETROLEUM MARKETERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names GARY HARRIS.
- Who are the officers and directors of NORTH CAROLINA PETROLEUM MARKETERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 28 people; 4 received compensation from the organization, the highest $192,500 (GARY HARRIS, EXECUTIVE DIRECTOR).
- How much revenue does NORTH CAROLINA PETROLEUM MARKETERS ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,619,181, expenses of $2,465,132 and total assets of $4,450,186 at year end.
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