Nonprofit · EIN 56-0932998
UNIVERSITY OF NORTH CAROLINA FACULTY-STAFF RECREATION ASSOCIATI
Tax-exempt · CHAPEL HILL, NC 27517
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,618,425 | $2,159,450 | $458,975 | $6,497,103 | $379 | $6,496,724 |
| December 31, 2023 | 990 | $2,546,040 | $2,183,842 | $362,198 | $6,045,909 | $6,529 | $6,039,380 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,402,091
- Investment income
- $44,929
- Net income from sales of inventory
- $171,129
- Other revenue
- $171,405
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $128,052
- Other salaries and wages
- $1,353,973
- Salaries, compensation and benefits (total)
- $1,659,517
- Professional fundraising fees
- $0
- Accounting fees
- $2,650
- Occupancy
- $233,290
Balance sheet and other
- Total assets, start of year
- $6,045,909
- Total assets, end of year
- $6,497,103
- Total liabilities, end of year
- $379
- Net assets, end of year
- $6,496,724
- Land, buildings and equipment
- $4,796,924
- Publicly traded securities
- $64,090
- Gross unrelated business income
- $97,020
- Gross receipts
- $2,715,388
- Employees
- 246
- Volunteers
- 0
- Year formed
- 1967
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NATHAN LIPSON | DIRECTOR OF TENNIS Highest-paid employee | 40 | $191,666 | $14,740 |
| BENJAMIN ALLRED | MANAGER Officer | 40 | $116,162 | $11,890 |
| TONY PATTERSON | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| LYNN EDGAR | VICE-PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JIM HAMILTON | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CORT BENNETT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SARAH DOTTERS-KATZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON HODGSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AIMEE MARGOLIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREN MCCULLUCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KELLY SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JERRY VAN SANT | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JOAN KRAUSE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NATHAN LIPSON | DIRECTOR OF TENNIS Highest-paid employee | 40 | $214,266 | $8,296 |
| BENJAMIN ALLRED | MANAGER Officer | 40 | $109,920 | $6,184 |
| PAUL YAZEJIAN | SECRETARY/FINANCIAL MANAGE Trustee or director, Officer | 22 | $59,690 | $0 |
| TONY PATTERSON | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JOAN KRAUSE | VICE-PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JIM HAMILTON | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SARAH DOTTERS-KATZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LYNN EDGAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTIN ONDRAK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALLISON REID | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JERRY VANSANT | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 ALICE INGRAM CIR, CHAPEL HILL, NC 27517-6084
- Principal officer (990 for 2024)
- BENJAMIN ALLRED, 1 ALICE INGRAM CIRCLE, CHAPEL HILL, NC 27517
- Signed the 990
- CORT BENNETT, TREASURER
- Phone
- (919) 962-3276
- Website
- WWW.UNCFARM.ORG
- Return prepared by
- STEWARD INGRAM & COOPER PLLC
Mission
TO MEET THE RECREATIONAL AND SOCIAL NEEDS OF THE FACULTY-STAFF OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL.
Program accomplishments
- MEMBERSHIP IN THE FARM IS OPEN TO ALL FULL-TIME AND PERMANENT PART-TIME EMPLOYEES OF UNC-CHAPEL HILL AND UNIVERSITY HOSPITALS, ALUMNI OF THE UNIVERSITY, AND ADULT CHILDREN OF FARM MEMBERS. IT IS ALSO OPEN TO PERSONNEL OF THE CONSOLIDATED UNC SYSTEM WHO LIVE IN THE CHAPEL HILL-CARRBORO-DURHAM AREA.ACTIVITIES OFFERED INCLUDE: - TENNIS - SWIMMING - PICKLEBALL - SUMMER CAMPS - VARIOUS FITNESS PROGRAMS
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 | Not 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
- 56-0932998
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1972
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,497,103
- Income (IRS master file)
- $2,715,388
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,618,425 | $2,159,450 | $6,497,103 | IRS |
| 990 | December 2023 | $2,546,040 | $2,183,842 | $6,045,909 | XML |
| 990 | December 2022 | $2,218,321 | $1,851,769 | $5,683,421 | IRS |
| 990 | December 2021 | $2,177,390 | $1,545,459 | $5,306,904 | IRS |
| 990 | 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 56-0932998).
Questions about UNIVERSITY OF NORTH CAROLINA FACULTY-STAFF RECREATION ASSOCIATI
- What is the EIN of UNIVERSITY OF NORTH CAROLINA FACULTY-STAFF RECREATION ASSOCIATI?
- The employer identification number (EIN) of UNIVERSITY OF NORTH CAROLINA FACULTY-STAFF RECREATION ASSOCIATI is 56-0932998.
- Is UNIVERSITY OF NORTH CAROLINA FACULTY-STAFF RECREATION ASSOCIATI tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1972.
- Are donations to UNIVERSITY OF NORTH CAROLINA FACULTY-STAFF RECREATION ASSOCIATI tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does UNIVERSITY OF NORTH CAROLINA FACULTY-STAFF RECREATION ASSOCIATI 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 UNIVERSITY OF NORTH CAROLINA FACULTY-STAFF RECREATION ASSOCIATI 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 UNIVERSITY OF NORTH CAROLINA FACULTY-STAFF RECREATION ASSOCIATI 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 UNIVERSITY OF NORTH CAROLINA FACULTY-STAFF RECREATION ASSOCIATI?
- The 990 for the year ended December 31, 2024 names BENJAMIN ALLRED.
- Who are the officers and directors of UNIVERSITY OF NORTH CAROLINA FACULTY-STAFF RECREATION ASSOCIATI?
- The 990 for the year ended December 31, 2024 lists 13 people; 2 received compensation from the organization, the highest $191,666 (NATHAN LIPSON, DIRECTOR OF TENNIS).
- How much revenue does UNIVERSITY OF NORTH CAROLINA FACULTY-STAFF RECREATION ASSOCIATI have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,618,425, expenses of $2,159,450 and total assets of $6,497,103 at year end.
Other nonprofits in CHAPEL HILL
- EDUCATIONAL FOUNDATION INC EIN 56-6058412 · last filed 990 for 2025
- PIEDMONT HEALTH SERVICES INC EIN 56-0952737 · last filed 990 for 2024
- BILL & PEGGY BRITT FOUNDATION INC EIN 88-1729194 · last filed 990-PF for 2025
- UNC HEALTH FOUNDATION INC EIN 56-6057494 · last filed 990 for 2025
- KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION EIN 56-0771850 · last filed 990 for 2025
- IPAS EIN 56-1071085 · last filed 990 for 2025
- CAROLINA MEADOWS INC EIN 56-1380014 · last filed 990 for 2024
- WILLIAM R KENAN JR CHARITABLE TRUST EIN 13-6192029 · last filed 990-PF for 2025