Nonprofit · EIN 56-1513432
NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC
Also known as OFFICE OF THE GOVERNOR OF NORTH CAR
Tax-exempt · RALEIGH, NC 27699
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,663,302 | $4,864,321 | $798,981 | $3,387,577 | $531,861 | $2,855,716 |
| December 31, 2023 | 990 | $4,326,800 | $2,765,049 | $1,561,751 | $2,439,047 | $382,312 | $2,056,735 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,623,587
- of which government grants
- $4,221,347
- Program service revenue
- $0
- Investment income
- $39,715
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,442,164
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $95,188
- Travel
- $24,825
- Depreciation
- $28,800
- Program services (functional)
- $4,561,742
- Management and general (functional)
- $287,451
- Fundraising (functional)
- $15,128
Balance sheet and other
- Total assets, start of year
- $2,439,047
- Total assets, end of year
- $3,387,577
- Total liabilities, end of year
- $531,861
- Net assets, end of year
- $2,855,716
- Net assets without donor restrictions
- $310,051
- Net assets with donor restrictions
- $2,545,665
- Gross receipts
- $5,663,302
- Employees
- 0
- Volunteers
- 27
- Year formed
- 1986
- 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 | From related orgs |
|---|---|---|---|---|
| CAROLINE SULLIVAN | EXEC DIR & S Trustee or director, Officer | 40 | $0 | $97,823 |
| JENA COLLINS-APPLE COMPUTERS | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MIKE WALKER-ATT | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| WILL SUTTON-TRUIST BANK | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| NICOLE RAMSDELL-BELK | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| CHRIS MASLIN-BILTMORE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ADRI MAISONET-BCBS OF NC | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| CORNEL VAN DER WATT-CATERPILLAR | TREASURER Trustee or director | 0.25 | $0 | $0 |
| CREIGHTON BLACKWELL-COASTAL CREDIT | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ALBERT ECKEL-ECKEL VAUGHAN | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| CLARENCE WILLIAMS-DELL | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| JULIA WRIGHT-DOMINION ENERGY | VICE CHAIR Trustee or director | 0.5 | $0 | $0 |
| INDIRA EVERETT-DUKE ENERGY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LESLIE WALDEN | CHAIR Trustee or director | 1 | $0 | $0 |
| TEROSS YOUNG-FOOD LION | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE MCGLOTHLIN-GERBER COLLISION | DIRECTOR Trustee or director | 0.25 | $0 |
| LILYN HESTER-GOOGLE | DIRECTOR Trustee or director | 0.25 | $0 |
| ERICA HENDERSON-GLAXOSMITHKLINE | DIRECTOR Trustee or director | 0.25 | $0 |
| MILANKA MEUCKE-LENOVO | DIRECTOR Trustee or director | 0.25 | $0 |
| GEOFFREY COLTRANE-OFFICE OF THE GOV | DIRECTOR Trustee or director | 0.25 | $0 |
| REBECCA QUINN-WOLF-PNC | DIRECTOR Trustee or director | 0.25 | $0 |
| MIKE HOGAN-SIEMENS | DIRECTOR Trustee or director | 0.25 | $0 |
| ANDREW BENTON-SMITH ANDERSON LAW | DIRECTOR Trustee or director | 0.25 | $0 |
| STEVE EVANS-SMITHFIELD | DIRECTOR Trustee or director | 0.25 | $0 |
| SUZIE KOONCE-WELLS FARGO FOUNDATION | DIRECTOR Trustee or director | 0.25 | $0 |
| EMILY ZIEGLER-UNC HEALTH CARE | DIRECTOR Trustee or director | 0.25 | $0 |
| HILLARY CRITTERDON-ATRIUM HEALTH | DIRECTOR Trustee or director | 0.25 | $0 |
| SARAH GASKILL-FUJIFILM | DIRECTOR Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2023: 28 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| CAROLINE SULLIVAN | EXEC DIR & S Trustee or director, Officer | 40 | $0 | $95,846 |
| JENA HOWARD-APPLE COMPUTERS | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MIKE WALKER-ATT | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| WILL SUTTON-TRUIST BANK | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| NICOLE RAMSDELL-BELK | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| CHRIS MASLIN-BILTMORE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ADRI MAISONET-BCBS OF NC | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| CORNEL VAN DER WATT-CATERPILLAR | TREASURER Trustee or director | 0.25 | $0 | $0 |
| CREIGHTON BLACKWELL-COASTAL CREDIT | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ALBERT ECKEL-ECKEL VAUGHN | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| CLARENCE WILLIAMS-DELL | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| JULIA WRIGHT-DOMINION ENERGY | VICE CHAIR Trustee or director | 0.5 | $0 | $0 |
| INDIRA EVERETT-DUKE ENERGY | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LESLIE WALDEN | CHAIR Trustee or director | 1 | $0 | $0 |
| TEROSS YOUNG-FOOD LION | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| STEVE MCGLOTHLIN-GERBER COLLISION | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| LILYN HESTER-GOOGLE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ERICA HENDERSON-GLAXOSMITHKLINE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MILANKA MEUCKE-LENOVO | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| GEOFFREY COLTRANE-OFFICE OF THE GOV | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| REBECCA QUINN-WOLF-PNC | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| MIKE HOGAN-SIEMENS | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ANDREW BENTON-SMITH ANDERSON LAW | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| STEVE EVANS-SMITHFIELD | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| SUZIE KOONCE-WELLS FARGO FOUNDATION | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| EMILY ZIEGLER-UNC HEALTH CARE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| HILLARY CRITTENDON-ATRIUM HEALTH | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| SARAH GASKILL-FUJIFILM | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 20301 MAIL SERVICE CTR, RALEIGH, NC 27699-0300
- Principal officer (990 for 2024)
- CAROLINE SULLIVAN, 20301 MAIL SERVICE CENTER, RALEIGH, NC 27699
- Signed the 990
- CAROLINE SULLIVAN, EXEC DIR & SECRETARY
- Phone
- (919) 814-2020
- Website
- WWW.NCBCE.ORG
- Return prepared by
- LANGDON & COMPANY LLP
Mission
THE ORGANIZATION CONSISTS OF BUSINESSES THROUGHOUT NORTH CAROLINA WHO SHARE A COMMON DESIRE TO IMPROVE THE PUBLIC EDUCATION SYSTEM.
Program accomplishments
- WORK-BASED LEARNING PROGRAMS: READY, SET, APP IS AN ANNUAL APP DEVELOPMENT COMPETITION THAT BEGAN IN 2019 AND WAS BUILT IN PARTNERSHIP WITH LENOVO. THIS STATEWIDE INITIATIVE CHALLENGES NC HIGH SCHOOL STU-DENTS TO CREATE A MOBILE APP TO ADDRESS A PROBLEM IN THEIR SCHOOL OR COMMUNITY. READY, SET, APP FOCUSES ON THREE PRIMARY PILLARS: MOBILE APP DEVELOPMENT, PROFESSIONAL AND PER-SONAL DEVELOPMENT, AND GROWING INTERPERSONAL AND SOFT SKILLS. STUDENTS GET THE CHANCE TO DEVELOP SKILLS IN CODING, GRAPHIC DESIGN, VIDEO EDITING, PRESENTING, COLLABORATING, AND MUCH MORE. SEED (SOUTHEASTERN ECONOMIC AND EDUCATION DEVELOPMENT) SUMMER PRE- APPRENTICESHIP PROGRAM FOR HIGH SCHOOL STUDENTS AND RECENT GRADUATES WITH PATHWAYS IN INDUSTRIAL SYSTEMS & AGRICULTURE. EVERYONE CHARGING FORWARD PROGRAM IS A 30-MILLION, 10-YEAR SIEMENS FOUNDATION INITIA-TIVE CREATING ACCESSIBLE CAREER PATHWAYS IN EV MANUFACTURING AND CHARGING. IT WAS LAUNCHED TO MEET THE GROWING DEMAND FOR SKILLED WORKERS IN THE RAPIDLY EXPANDING EV SECTOR STUDENTS@WORK IS A CAREER AWARENESS PROGRAM IMPLEMENTED BY THE GUBERNATORIAL PROC-LAMATION THAT INTRODUCES NC MIDDLE SCHOOL STUDENTS TO BUSINESSES AND CAREERS. STUDENTS ARE HOSTED (IN PERSON OR VIRTUALLY) BY EMPLOYERS TO LEARN ABOUT CAREER PATHWAYS IN REAL-WORLD BUSINESS ENVIRONMENTS. CAREER AWARENESS IS A CRITICAL FIRST STEP IN ADDING RELEVANCY TO ACA-DEMICS AND POSITIONING STUDENTS TO NAVIGATE CAREER PATHWAYS SUCCESSFULLY. MANY STUDENTS ARE UNAWARE OF THE MANY CAREERS AVAILABLE WITHIN THEIR STATE, AND STUDENTS@WORK HELPS BRIDGE THIS GAP. LINKING NORTH CAROLINA WITH INNOVATIVE TALENT (LINC-IT) IS A COLLABORATIVE MODEL THAT SUPPORTS AUTISTIC EARLY CAREER PROFESSIONALS IN FINDING INTERNSHIPS AND JOBS AND ADDRESSES EMPLOYERS' NEED FOR DIVERSE, EDUCATED TALENT. BY LEVERAGING FUNDING FROM VOCATIONAL REHABILITATION, JOB COACHING IS PROVIDED FOR INTERNS AND THEIR MANAGERS TO SUPPORT SUCCESS IN THE WORKPLACE. GOVERNOR'S EDUCATOR DISCOVERY AWARD PROVIDES PROFESSIONAL DEVELOPMENT OPPORTUNITIES TO EXEMPLARY AND INNOVATIVE EDUCATORS BY PROVIDING MONETARY SUPPORT TO COVER THE COSTS OF PARTICIPATING IN PROFESSIONAL DEVELOPMENT. EACH CYCLE, EDUCATORS ACROSS THE STATE SUBMIT APPLICATIONS, AND AFTER CAREFUL REVIEW, A FEW SELECT TEACHERS ARE AWARDED THE 1,000 STIPENDS. NAVIGATOR IS AN ONLINE SITE FOR NC EDUCATORS TO SOURCE WORK-BASED LEARNING OPPORTUNITIES, INCLUDING CAREER PROFILES, GUEST SPEAKERS, INTERNSHIPS, WORKSITE TOURS, AND APPRENTICESHIPS. THE PLATFORM ALLOWS EMPLOYERS TO TRACK SCHOOL ENGAGEMENT AND EDUCATORS TO TRACK WORK-BASED LEARNING EXPERIENCES FOR THEIR STUDENTS. THE SERVICE IS OFFERED AT NO COST TO EMPLOYERS OR SCHOOLS.Expenses $520,023 · grants $120,209
- FEDERALLY FUNDED WORK-BASED LEARNING PROGRAMS: BUILDING BRIGHT FUTURES (BBF) IS A PILOT INITIATIVE DESIGNED TO SUPPORT AND SCALE PRE-APPRENTICESHIPS AND APPRENTICESHIPS IN EARLY CHILDHOOD EDUCATION THROUGHOUT NORTH CAROLINA. BBF OFFERS TECHNICAL ASSISTANCE, FINANCIAL SUPPORT, AND RESOURCES TO PRE-APPRENTICES AND APPRENTICES, CHILD CARE CENTERS, SCHOOL DISTRICTS, COMMUNITY COLLEGES, AND OTHER PARTNERS IN A REGISTERED APPRENTICESHIP PROGRAM THROUGH APPRENTICESHIPNC. THIS PILOT PROGRAM AIMS TO "FILL IN THE GAPS" WHERE OTHER FINANCIAL RESOURCES CAN'T, OFFER VALUE-ADDED PROFESSIONAL DEVELOPMENT AND COMMUNITY OF PRACTICE OPPORTUNITIES, CREATE A HUB FOR EARLY CHILDHOOD APPRENTICESHIP RESOURCES, AND GATHER BEST PRACTICES AND LESSONS LEARNED FROM PARTICIPANTS TO SUPPORT A STATEWIDE PLAYBOOK. NC CAREER LAUNCH IS A FOUR-YEAR GRANT OF FOUR MILLION FROM THE US DEPARTMENT OF LABOR TO DEVELOP AND SCALE HIGH SCHOOL PRE-APPRENTICESHIPS. SECTORS INCLUDE ADVANCED MANUFACTURING, CONSTRUCTION, EARLY CHILDHOOD EDUCATION, ENERGY, HEALTHCARE, HOSPITALITY, IT, TRANSPORTATION, AND UTILITIES. THE PROGRAM WILL SUPPORT COMPLETION STIPENDS AND WRAPAROUND SERVICES FOR STUDENTS AND PROGRAM DEVELOPMENT AND MENTOR STIPENDS FOR EMPLOYERS. NC TECHWORKS IS A STATEWIDE INITIATIVE PREPARING HIGH SCHOOL STUDENTS FOR CAREERS IN IT AND RELATED FIELDS THROUGH ITS TECH TEAM AND DIGITAL AMBASSADORS PROGRAMS, OFFERING PAID WORK EXPERIENCE WHILE SUPPORTING NORTH CAROLINA'S TECHNOLOGY AND WORKFORCE NEEDS. STEPS4GROWTH BEGAN IN SEPTEMBER OF 2022, NCBCE RECEIVED GRANT FUNDING THROUGH THE USDOC VIA NC A&T STATE UNIVERSITY AS PART OF A COMPREHENSIVE CLEAN ENERGY WORKFORCE DEVELOPMENT PROJECT. S4G WILL WORK WITH EMPLOYERS TO TRAIN STUDENTS AND ADULTS TO FILL WELL-PAYING JOBS IN ENERGY EFFICIENCY, RENEWABLE ENERGY, CLEAN VEHICLES, AND GRID & RESILIENCY.Expenses $4,041,719 · grants $3,321,955
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
- 56-1513432
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,387,577
- Income (IRS master file)
- $5,663,302
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,663,302 | $4,864,321 | $3,387,577 | XML |
| 990 | December 2023 | $4,326,800 | $2,765,049 | $2,439,047 | XML |
| 990 | December 2022 | $899,416 | $1,065,725 | $533,786 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 56-1513432).
Questions about NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC
- What is the EIN of NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC?
- The employer identification number (EIN) of NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC is 56-1513432.
- Is NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION 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 BUSINESS COMMITTEE FOR EDUCATION 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 NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION 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 NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC?
- The 990 for the year ended December 31, 2024 names CAROLINE SULLIVAN.
- Who are the officers and directors of NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC?
- The 990 for the year ended December 31, 2024 lists 28 people; 0 received compensation from the organization.
- How much revenue does NORTH CAROLINA BUSINESS COMMITTEE FOR EDUCATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,663,302, expenses of $4,864,321 and total assets of $3,387,577 at year end.
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