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Nonprofit · EIN 56-0650719

SOUTHEAST PROPANE TECHNICAL EDUCATION CENTER INC

Tax-exempt · RALEIGH, NC 27612

Financials

$577K$1.8M2022$674K$669K2023$741K$631K2024
Revenue Expenses · by fiscal year end
Financials of SOUTHEAST PROPANE TECHNICAL EDUCATION CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$740,927$631,222$109,705$1,877,435$1,192,348$685,087
December 31, 2023990$673,514$669,190$4,324$1,828,703$1,253,321$575,382
December 31, 2022990$577,309$1,809,524-$1,232,215$1,494,030$922,972$571,058
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$153,387
Program service revenue
$562,721
Investment income
$32
Net rental income
$24,787
Other revenue
$24,787

Expenses

Grants and similar amounts paid
$136,200
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$14,000
Travel
$13,181
Depreciation
$122,853
Program services (functional)
$571,569
Management and general (functional)
$57,809
Fundraising (functional)
$1,844

Balance sheet and other

Total assets, start of year
$1,828,703
Total assets, end of year
$1,877,435
Total liabilities, end of year
$1,192,348
Net assets, end of year
$685,087
Land, buildings and equipment
$1,647,415
Net assets without donor restrictions
$685,087
Gross receipts
$759,875
Employees
0
Volunteers
30
Year formed
1957
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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN JESSUPPRESIDENT & CEO
Officer
1$0$189,261$18,751
TYLER MISELBOARD OF DIRECTORS
Trustee or director, Officer
1$0$0$0
ANGI HARRISCHAIRWOMAN
Trustee or director, Officer
1$0$0$0
RICHARD O'SHEALVICE-CHAIRMAN
Trustee or director, Officer
1$0$0$0
ERIC TAYLORSECRETARY
Trustee or director, Officer
1$0$0$0
CHARLES BRELANDBOARD OF DIRECTORS
Trustee or director
1$0$0$0
DONNIE BULLOCKBOARD OF DIRECTORS
Trustee or director
1$0$0$0
RAYMOND MCLEODBOARD OF DIRECTORS
Trustee or director
1$0$0$0
HOWARD DAVISBOARD OF DIRECTORS
Trustee or director
1$0$0$0
DONALD GODFREYTREASURER
Trustee or director
1$0$0$0
ROBERT HERNANDEZBOARD OF DIRECTORS
Trustee or director
1$0$0$0
PRESTON LEEBOARD OF DIRECTORS
Trustee or director
1$0$0$0
PHIL FARRISBOARD OF DIRECTORS
Trustee or director
1$0$0$0
BRYAN OVERCARSHBOARD OF DIRECTORS
Trustee or director
1$0$0$0
GRANT GRIMSHAWBOARD OF DIRECTORS
Trustee or director
1$0$0$0
2 more people on this return
NameTitleHours / weekCompensation
DAN RICHARDSONBOARD OF DIRECTORS
Trustee or director
1$0
ADAM RIGGSBOARD OF DIRECTORS
Trustee or director
1$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN JESSUPPRESIDENT & CEO
Officer
1$0$216,802$18,418
TYLER MISELCHAIRMAN
Trustee or director, Officer
1$0$0$0
ANGI HARRISVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
RICHARD O'SHEALSECRETARY
Trustee or director, Officer
1$0$0$0
ERIC TAYLORTREASURER
Trustee or director, Officer
1$0$0$0
CHARLES BRELANDBOARD OF DIRECTORS
Trustee or director
1$0$0$0
DONNIE BULLOCKBOARD OF DIRECTORS
Trustee or director
1$0$0$0
RAYMOND MCLEODBOARD OF DIRECTORS
Trustee or director
1$0$0$0
KIM FOLGERBOARD OF DIRECTORS
Trustee or director
1$0$0$0
DONALD GODFREYBOARD OF DIRECTORS
Trustee or director
1$0$0$0
ROBERT HERNANDEZBOARD OF DIRECTORS
Trustee or director
1$0$0$0
PRESTON LEEBOARD OF DIRECTORS
Trustee or director
1$0$0$0
JAY LITTLEBOARD OF DIRECTORS
Trustee or director
1$0$0$0
BRYAN OVERCARSHBOARD OF DIRECTORS
Trustee or director
1$0$0$0
SCOTT PREWITTBOARD OF DIRECTORS
Trustee or director
1$0$0$0
DAN RICHARDSONBOARD OF DIRECTORS
Trustee or director
1$0$0$0
ADAM RIGGSBOARD OF DIRECTORS
Trustee or director
1$0$0$0
990 for the year ended December 31, 2022: 8 people
NameTitleHours / weekCompensation
BAVID BOYDCHAIRMAN
Trustee or director, Officer
1$0
LENNY HALLVICE CHAIRMAN
Trustee or director, Officer
1$0
DONNIE BULLOCKBOARD OF DIRECTORS
Trustee or director
1$0
HOWARD DAVISBOARD OF DIRECTORS
Trustee or director
1$0
DOUG LAWRENCEBOARD OF DIRECTORS
Trustee or director
1$0
DARRIN SHAFFERBOARD OF DIRECTORS
Trustee or director
1$0
STEVE WARDBOARD OF DIRECTORS
Trustee or director
1$0
EMILY WILLISBOARD OF DIRECTORS
Trustee or director
1$0

Address and contacts

Address (IRS master file)
5109 HOLLYRIDGE DRIVE, RALEIGH, NC 27612-3146
In care of
% JOHN JESSUP
Principal officer (990 for 2024)
JOHN JESSUP, 7900 PINECREST ROAD, RALEIGH, NC 27613
Signed the 990
JOHN JESSUP, PRESIDENT & CEO
Phone
(919) 787-8485
Return prepared by
THOMAS JUDY & TUCKER PA

Mission

TO PROMOTE, PROTECT AND ENCOURAGE THE GROWTH OF THE LP-GAS INDUSTRY IN THE SOUTHEAST THROUGH TECHNICAL EDUCATION.

990 for the year ended December 31, 2024

Program accomplishments

  • TO ENCOURAGE, PROMOTE, AND DEVELOP THE PROPANE GAS INDUSTRY THROUGH TECHNICAL EDUCATION
    Expenses $571,569 · grants $136,200 · revenue $587,508

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-0650719
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1958
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B30)
Assets (IRS master file)
$1,877,435
Income (IRS master file)
$759,875

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$740,927$631,222$1,877,435XML
990December 2023$673,514$669,190$1,828,703XML
990December 2022$577,309$1,809,524$1,494,030XML
990-TDecember 2022–––IRS
990December 2021–––IRS
990December 2020–––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 56-0650719).

Questions about SOUTHEAST PROPANE TECHNICAL EDUCATION CENTER INC

What is the EIN of SOUTHEAST PROPANE TECHNICAL EDUCATION CENTER INC?
The employer identification number (EIN) of SOUTHEAST PROPANE TECHNICAL EDUCATION CENTER INC is 56-0650719.
Is SOUTHEAST PROPANE TECHNICAL EDUCATION CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1958.
Are donations to SOUTHEAST PROPANE TECHNICAL EDUCATION CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTHEAST PROPANE TECHNICAL EDUCATION CENTER 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 SOUTHEAST PROPANE TECHNICAL EDUCATION CENTER INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTHEAST PROPANE TECHNICAL EDUCATION CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SOUTHEAST PROPANE TECHNICAL EDUCATION CENTER INC?
The 990 for the year ended December 31, 2024 names JOHN JESSUP.
Who are the officers and directors of SOUTHEAST PROPANE TECHNICAL EDUCATION CENTER INC?
The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
How much revenue does SOUTHEAST PROPANE TECHNICAL EDUCATION CENTER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $740,927, expenses of $631,222 and total assets of $1,877,435 at year end.

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