Nonprofit · EIN 56-1535785
NORTH CAROLINA COMMUNITY COLLEGE FOUNDATION
Tax-exempt · RALEIGH, NC 27603
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,293,576 | $5,856,563 | $1,437,013 | $14,875,868 | $3,203,767 | $11,672,101 |
| June 30, 2024 | 990 | $1,597,056 | $1,813,707 | -$216,651 | $11,778,372 | $724,014 | $11,054,358 |
| June 30, 2023 | 990 | $1,599,199 | $2,049,985 | -$450,786 | $11,033,994 | $442,049 | $10,591,945 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,917,107
- Program service revenue
- $63,913
- Investment income
- $2,310,159
- Net gain from sales of assets
- $1,953,273
- Other revenue
- $2,397
Expenses
- Grants and similar amounts paid
- $4,560,669
- Compensation of officers, directors and key employees
- $226,286
- Salaries, compensation and benefits (total)
- $241,856
- Professional fundraising fees
- $0
- Legal fees
- $11,432
- Accounting fees
- $86,989
- Travel
- $36,707
- Program services (functional)
- $4,890,543
- Management and general (functional)
- $368,349
- Fundraising (functional)
- $597,671
Balance sheet and other
- Total assets, start of year
- $11,778,372
- Total assets, end of year
- $14,875,868
- Total liabilities, end of year
- $3,203,767
- Net assets, end of year
- $11,672,101
- Land, buildings and equipment
- $5,306
- Publicly traded securities
- $11,149,236
- Net assets without donor restrictions
- $8,665,159
- Net assets with donor restrictions
- $3,006,942
- Gross receipts
- $7,293,576
- Employees
- 1
- Volunteers
- 19
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATIE LOOVIS | EXECUTIVE DIRECTOR Officer | 40 | $147,450 | $14,489 |
| DONNY HICKS | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BARRY SINK | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| RANDALL JOHNSON | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JEFF COX | SECRETARY/DIRECTOR EX-OFFI Trustee or director, Officer | 2 | $0 | $0 |
| BLAKE WILLIAMS | DIRECTOR-EX OFFICIO Trustee or director | 1 | $0 | $0 |
| STEPHANIE LAKE | DIRECTOR-EX OFFICIO Trustee or director | 1 | $0 | $0 |
| THOMAS LOONEY | OFFICER/DIRECTOR-EX OFFICI Trustee or director, Officer | 2 | $0 | $0 |
| GARY LANIER | DIRECTOR-EX OFFICIO Trustee or director | 1 | $0 | $0 |
| CAROL SPALDING | DIRECTOR-EX OFFICIO Trustee or director | 1 | $0 | $0 |
| WEYLING WHITE | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| NIMASHEENA BURNS | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| MICHAEL ALMOND | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| MEI-YEN IRELAND | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| BRENDA BERG | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAUL PERALTA | DIRECTOR AT-LARGE Trustee or director | 1 | $0 |
| GARY SALAMIDO | DIRECTOR AT-LARGE Trustee or director | 1 | $0 |
| MICHELLE LOGAN | DIRECTOR AT-LARGE Trustee or director | 1 | $0 |
| E STUART POWELL JR | DIRECTOR AT-LARGE Trustee or director | 1 | $0 |
| JAVIER GONZALEZ | DIRECTOR AT-LARGE Trustee or director | 1 | $0 |
| DANDRE S ESPOSITO | CHIEF ADVANCEMENT OFFICER Officer | 40 | $0 |
990 for the year ended June 30, 2024: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATIE LOOVIS | EXECUTIVE DIRECTOR Officer | 40 | $81,667 | $8,251 |
| DONNY HICKS | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BARRY SINK | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| RANDALL JOHNSON | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JEFF COX | SECRETARY/DIRECTOR EX-OFFICIO Trustee or director, Officer | 2 | $0 | $0 |
| BLAKE WILLIAMS | DIRECTOR-EX OFFICIO Trustee or director | 1 | $0 | $0 |
| STEPHANIE LAKE | DIRECTOR-EX OFFICIO Trustee or director | 1 | $0 | $0 |
| THOMAS LOONEY | OFFICER/DIRECTOR-EX OFFICIO Trustee or director, Officer | 2 | $0 | $0 |
| GARY LANIER | DIRECTOR-EX OFFICIO Trustee or director | 1 | $0 | $0 |
| CAROL SPALDING | DIRECTOR-EX OFFICIO Trustee or director | 1 | $0 | $0 |
| WEYLING WHITE | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| NIMASHEENA BURNS | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| PATRICIA MITCHELL | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| HERB CRENSHAW | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| MICHAEL ALMOND | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| MEI-YEN IRELAND | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| BRENDA BERG | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| KOREY COON | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| RAUL PERALTA | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| GARY SALAMIDO | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| MICHELLE LOGAN | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| E STUART POWELL JR | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| RICHARD HURLEY | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
| JAVIER GONZALEZ | DIRECTOR AT-LARGE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 27 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GRANT GODWIN | INTERIM EXECUTIVE DIRECTOR Officer | 40 | $47,787 |
| SUSAN JACKSON | CHAIR Trustee or director, Officer | 2 | $0 |
| DONNY HICKS | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| BARRY SINK | TREASURER Trustee or director, Officer | 2 | $0 |
| RANDALL JOHNSON | MEMBER Trustee or director | 1 | $0 |
| MICHAEL ALMOND | MEMBER Trustee or director | 1 | $0 |
| BRENDA BERG | MEMBER Trustee or director | 1 | $0 |
| JIM BRYAN | MEMBER Trustee or director | 1 | $0 |
| NIMASHEENA BURNS | MEMBER Trustee or director | 1 | $0 |
| KOREY COON | MEMBER Trustee or director | 1 | $0 |
| HERB CRENSHAW | MEMBER Trustee or director | 1 | $0 |
| JAVIER GONZALEZ | MEMBER Trustee or director | 1 | $0 |
| RICHARD HURLEY | MEMBER Trustee or director | 1 | $0 |
| MICHELLE LOGAN | MEMBER Trustee or director | 1 | $0 |
| CRYSTAL MORPHIS | MEMBER Trustee or director | 1 | $0 |
| RAUL PERALTA | MEMBER Trustee or director | 1 | $0 |
| E STUART POWELL JR | MEMBER Trustee or director | 1 | $0 |
| GARY SALAMIDO | MEMBER Trustee or director | 1 | $0 |
| WEYLING WHITE | MEMBER Trustee or director | 1 | $0 |
| BURR SULLIVAN | MEMBER-EX OFFICIO Trustee or director | 1 | $0 |
| TOM LOONEY | MEMBER-EX OFFICIO Trustee or director | 1 | $0 |
| JEFF COX | MEMBER-EX OFFICIO Trustee or director | 1 | $0 |
| BLAKE WILLIAMS | MEMBER-EX OFFICIO Trustee or director | 1 | $0 |
| CAROL SPALDING | MEMBER-EX OFFICIO Trustee or director | 1 | $0 |
| STEPHANIE LAKE | MEMBER-EX OFFICIO Trustee or director | 1 | $0 |
| R CHRIS PLATE | MEMBER-EX OFFICIO Trustee or director | 1 | $0 |
| KATIE LOOVIS | EXECUTIVE DIRECTOR Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 200 W JONES ST, RALEIGH, NC 27603-1337
- Principal officer (990 for 2024)
- KATIE LOOVIS, 200 WEST JONES STREET, RALEIGH, NC 27603
- Signed the 990
- KATIE LOOVIS, EXECUTIVE DIRECTOR
- Phone
- (919) 807-7100
- Return prepared by
- THOMAS JUDY & TUCKER PA
Mission
THE NORTH CAROLINA COMMUNITY COLLEGES FOUNDATION, IS A NONPARTISAN, NONPROFIT ORGANIZATION FOUNDED IN 1986 TO SUPPORT THE MISSION OF THE NC COMMUNITY COLLEGE SYSTEM.
Program accomplishments
- THE FOUNDATION WAS ESTABLISHED TO SUPPORT, PROMOTE, AND ASSIST THE MISSION OF THE COMMUNITY COLLEGES SYSTEM.Expenses $4,890,543 · grants $4,560,669 · revenue $66,310
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1535785
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type III functionally integrated
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $14,875,868
- Income (IRS master file)
- $7,293,576
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,293,576 | $5,856,563 | $14,875,868 | IRS |
| 990 | June 2024 | $1,597,056 | $1,813,707 | $11,778,372 | IRS |
| 990 | June 2023 | $1,599,199 | $2,049,985 | $11,033,994 | XML |
| 990 | June 2022 | $1,911,646 | $1,522,023 | $10,817,039 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 56-1535785).
Questions about NORTH CAROLINA COMMUNITY COLLEGE FOUNDATION
- What is the EIN of NORTH CAROLINA COMMUNITY COLLEGE FOUNDATION?
- The employer identification number (EIN) of NORTH CAROLINA COMMUNITY COLLEGE FOUNDATION is 56-1535785.
- Is NORTH CAROLINA COMMUNITY COLLEGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to NORTH CAROLINA COMMUNITY COLLEGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does NORTH CAROLINA COMMUNITY COLLEGE FOUNDATION 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 COMMUNITY COLLEGE FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTH CAROLINA COMMUNITY COLLEGE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NORTH CAROLINA COMMUNITY COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 names KATIE LOOVIS.
- Who are the officers and directors of NORTH CAROLINA COMMUNITY COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 21 people; 1 received compensation from the organization, the highest $147,450 (KATIE LOOVIS, EXECUTIVE DIRECTOR).
- How much revenue does NORTH CAROLINA COMMUNITY COLLEGE FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,293,576, expenses of $5,856,563 and total assets of $14,875,868 at year end.
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