Nonprofit · EIN 56-1136437
INSTITUTE OF INTERNAL AUDITORS
Also known as RED RIVER VALLEY CHAPTER
Tax-exempt · RALEIGH, NC 27622
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990-EZ | $117,308 | $99,723 | $17,585 | $105,949 | – | $105,949 |
| May 31, 2024 | 990-EZ | $20,121 | $18,716 | $1,405 | $87,912 | $0 | $87,912 |
Financial details: 990-EZ for the year ended May 31, 2025
Revenue
- Membership dues
- $6,686
- Program service revenue
- $110,020
- Investment income
- $602
Expenses
- Grants and similar amounts paid
- $1,000
- Compensation of officers, directors and key employees
- $0
- Printing, publications and postage
- $217
- Other expenses
- $98,506
Balance sheet and other
- Total assets, start of year
- $87,912
- Total assets, end of year
- $105,949
- Total liabilities, end of year
- –
- Net assets, end of year
- $105,949
- Cash, savings and investments
- $105,949
- Gross receipts
- $117,308
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-EZ for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Theodore Hudson | President | 4 | $0 |
| Jodi Lewis | Executive Vice President | 2 | $0 |
| Liz Higgins | Vice President | 1 | $0 |
| Matt Fussell | Treasurer | 2 | $0 |
| Jill Silver | Secretary | 1 | $0 |
| Peggy Davis | Board Member | 0.25 | $0 |
| Jane Traub | Board Member | 0.25 | $0 |
| Al Chen | Board Member | 0.25 | $0 |
| Jack Gagnon | Board Member | 0.25 | $0 |
| Jennifer Jones | Board Member | 0.25 | $0 |
| Shirley McFadden | Board Member | 0.5 | $0 |
| Shauna McLaughlin | Board Member | 0.25 | $0 |
| Lamar Norwood | Board Member | 0.25 | $0 |
| Christine Norwood | Board Member | 0.25 | $0 |
| Holly Atkins | Board Member | 0.5 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tanya Bullock | Board Member | 0.25 | $0 |
| Lori Daniels | Board Member | 0.25 | $0 |
| Jessica Gidney | Board Member | 0.5 | $0 |
| Tim Lietz | Board Member | 0.25 | $0 |
| Deron Rossi | Board Member | 0.25 | $0 |
| Jeani Rousseau | Board Member | 0.25 | $0 |
| Holly Suttles | Board Member | 0.25 | $0 |
990-EZ for the year ended May 31, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lamar Norwood | President | 2 | $0 |
| Shirley McFadden | First Vice President | 2 | $0 |
| Jill Adams | Secretary | 1 | $0 |
| Christine Norwood | Treasurer | 2 | $0 |
| Peggy Davis | Past President | 0.5 | $0 |
| Lynne Sanders | Board Member | 0.25 | $0 |
| Holly Suttles | Board Member | 0.25 | $0 |
| Tim Lietz | Board Member | 0.25 | $0 |
| Jennifer Jones | Board Member | 0.25 | $0 |
| Deron Rossi | Board Member | 0.25 | $0 |
| John Gagnon | Board Member | 0.25 | $0 |
| Al Chen | Board Member | 0.25 | $0 |
| Katrina Szadek | Board Member | 0.25 | $0 |
| Holly Atkins | Board Member | 0.25 | $0 |
| Shauna McLaughlin | Board Member | 0.5 | $0 |
| Tanya Bullock | Board Member | 0.25 | $0 |
| Nancy Hurtsfield-Meyer | Board Member | 0.25 | $0 |
| Lori Daniels | Board Member | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 30891, RALEIGH, NC 27622-0891
- In care of
- % MELANI ABEL
- Mailing address (990-N for 2013)
- 100 W Chatham St, Cary NC 27511
- Principal officer (990-N for 2013)
- Dustin Shewman, 11648 Appaloosa Run W, Raleigh NC 27613
- Signed the 990-EZ
- Matt Fussell, Treasurer
- Website
- www.theiia.org
Mission
We are a tax exempt business league under IRS code 501 c6. The Raleigh Durham Chapter of the Institute of Internal Auditors hereafter Chapter organizes and provides professional development activities by way of membership meetings and seminars to all individual members of the Chapter for continuing professional education in the practice of internal auditing. The Chapter also serves to promote knowledge and information concerning internal audit topics such as governance risks and controls along with other related subjects to its members.
Program accomplishments
- Chapter programs service accomplishments include continuing education as an option to all its members in the form of monthly membership meetings seminars and networking activities. Continuing education is in the form of one-hour lunch meetings or full-day seminars. Grants and scholarships are made to promote the internal auditing profession.
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990-EZ on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 56-1136437
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1992
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Group exemption
- 8620: INSTITUTE OF INTERNAL AUDITORS
- Assets (IRS master file)
- $105,949
- Income (IRS master file)
- $117,308
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | May 2025 | $117,308 | $99,723 | $105,949 | XML |
| 990-EZ | May 2024 | $20,121 | $18,716 | $87,912 | XML |
| 990-EZ | May 2023 | – | – | – | IRS |
| 990-EZ | May 2022 | – | – | – | IRS |
| 990-EZ | May 2021 | – | – | – | IRS |
| 990-EZ | May 2020 | – | – | – | IRS |
| 990-EZ | May 2019 | – | – | – | IRS |
| 990-N for 2013 Officer: Dustin Shewman | May 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
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 56-1136437).
Questions about INSTITUTE OF INTERNAL AUDITORS
- What is the EIN of INSTITUTE OF INTERNAL AUDITORS?
- The employer identification number (EIN) of INSTITUTE OF INTERNAL AUDITORS is 56-1136437.
- Is INSTITUTE OF INTERNAL AUDITORS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1992.
- Are donations to INSTITUTE OF INTERNAL AUDITORS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INSTITUTE OF INTERNAL AUDITORS 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 INSTITUTE OF INTERNAL AUDITORS due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE OF INTERNAL AUDITORS last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended May 2025.
- Who is the principal officer of INSTITUTE OF INTERNAL AUDITORS?
- The 990-N for 2013 names Dustin Shewman.
- Who are the officers and directors of INSTITUTE OF INTERNAL AUDITORS?
- The 990-EZ for the year ended May 31, 2025 lists 22 people; 0 received compensation from the organization.
- How much revenue does INSTITUTE OF INTERNAL AUDITORS have?
- On its 990-EZ for the year ended May 31, 2025 it reported revenue of $117,308, expenses of $99,723 and total assets of $105,949 at year end.
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