Nonprofit · EIN 56-1821165
NORTH CAROLINA TECHNOLOGY ASSOCIATION INC
Tax-exempt · RALEIGH, NC 27607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,842,732 | $1,959,930 | -$117,198 | $1,525,935 | $1,216,360 | $309,575 |
| December 31, 2023 | 990 | $1,776,923 | $1,837,654 | -$60,731 | $1,335,636 | $908,863 | $426,773 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,103,513
- of which government grants
- $100,000
- Membership dues
- $1,003,513
- Program service revenue
- $283,841
- Investment income
- $19,891
- Net gain from sales of assets
- -$639
- Net income from fundraising events
- $424,117
- Other revenue
- $435,487
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $673,094
- Other salaries and wages
- $447,959
- Salaries, compensation and benefits (total)
- $1,296,224
- Professional fundraising fees
- $0
- Accounting fees
- $20,050
- Occupancy
- $111,492
- Travel
- $18,274
- Depreciation
- $10,015
- Program services (functional)
- $1,311,606
- Management and general (functional)
- $648,324
Balance sheet and other
- Total assets, start of year
- $1,335,636
- Total assets, end of year
- $1,525,935
- Total liabilities, end of year
- $1,216,360
- Net assets, end of year
- $309,575
- Land, buildings and equipment
- $64,017
- Net assets without donor restrictions
- $262,738
- Net assets with donor restrictions
- $46,837
- Gross receipts
- $2,286,669
- Employees
- 12
- Volunteers
- 200
- Year formed
- 1993
- 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 |
|---|---|---|---|---|
| BROOKS RAIFORD | PRESIDENT Officer | 40 | $490,487 | $32,700 |
| MICHELLE CALTON | VICE PRESIDENT Officer | 40 | $128,535 | $21,373 |
| TRACY STERNBERG | DIRECTOR PROGRAMS/SPONSORS Highest-paid employee | 40 | $105,949 | $18,283 |
| NATALIE BATTEN | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BRIAN GREGORY | CHAIR Trustee or director | 2 | $0 | $0 |
| RON WAINWRIGHT JR | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LARRY ROBBINS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BRIAN BAKER | MEMBER Trustee or director | 1 | $0 | $0 |
| PAUL CHUNN | MEMBER Trustee or director | 1 | $0 | $0 |
| BOJAN CUKIC | MEMBER Trustee or director | 1 | $0 | $0 |
| MARK DIRKS | MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS DOWNIE | MEMBER Trustee or director | 1 | $0 | $0 |
| TAMRA FRENCH | MEMBER Trustee or director | 1 | $0 | $0 |
| TRISH HALLEY | MEMBER Trustee or director | 1 | $0 | $0 |
| CLAY HARRIS | MEMBER Trustee or director | 1 | $0 | $0 |
19 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SEAN HAYES | MEMBER Trustee or director | 1 | $0 |
| JOHN HEATON | MEMBER Trustee or director | 1 | $0 |
| TOM JACOBIK | MEMBER Trustee or director | 1 | $0 |
| RAMA KANDALA | MEMBER Trustee or director | 1 | $0 |
| CHUCK KESLER | MEMBER Trustee or director | 1 | $0 |
| BYRON KIRKLAND | MEMBER Trustee or director | 1 | $0 |
| RICHARD MA | MEMBER Trustee or director | 1 | $0 |
| RYAN MCCURDY | MEMBER Trustee or director | 1 | $0 |
| DAN MINTO | MEMBER Trustee or director | 1 | $0 |
| BRIAN MOFFETT | MEMBER Trustee or director | 1 | $0 |
| ARTHUR PHIDD | MEMBER Trustee or director | 1 | $0 |
| DEDE RAMONEDA | MEMBER Trustee or director | 1 | $0 |
| EBAN SCANLAN | MEMBER Trustee or director | 1 | $0 |
| LAURIE SCHAEFER | MEMBER Trustee or director | 1 | $0 |
| JOAN SMEMOE | MEMBER Trustee or director | 1 | $0 |
| DEWAYNE SOUTHERN | MEMBER Trustee or director | 1 | $0 |
| KAMALA SUBRAMANIAM | MEMBER Trustee or director | 1 | $0 |
| KEVIN WALKER | MEMBER Trustee or director | 1 | $0 |
| MARK WRIGHT | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BROOKS RAIFORD | PRESIDENT Officer | 40 | $480,534 | $31,116 |
| MICHELLE CALTON | VICE PRESIDENT Officer | 40 | $131,148 | $29,937 |
| TRACY STERNBERG | DIRECTOR PROGRAMS/SPONSORS Highest-paid employee | 40 | $104,379 | $17,118 |
| NATALIE BATTEN | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BRIAN GREGORY | VICE CHAIR Trustee or director | 2 | $0 | $0 |
| RON WAINWRIGHT JR | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LARRY ROBBINS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BRIAN BAKER | MEMBER Trustee or director | 1 | $0 | $0 |
| PAUL CHUNN | MEMBER Trustee or director | 1 | $0 | $0 |
| BOJAN CUKIC | MEMBER Trustee or director | 1 | $0 | $0 |
| MARK DIRKS | MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS DOWNIE | MEMBER Trustee or director | 1 | $0 | $0 |
| TAMRA FRENCH | MEMBER Trustee or director | 1 | $0 | $0 |
| TRISH HALLEY | MEMBER Trustee or director | 1 | $0 | $0 |
| SEAN HAYES | MEMBER Trustee or director | 1 | $0 | $0 |
| JON HEATON | MEMBER Trustee or director | 1 | $0 | $0 |
| RAMA KANDALA | MEMBER Trustee or director | 1 | $0 | $0 |
| BYRON KIRKLAND | MEMBER Trustee or director | 1 | $0 | $0 |
| RYAN MCCURDY | MEMBER Trustee or director | 1 | $0 | $0 |
| DAN MINTO | MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN MOFFETT | MEMBER Trustee or director | 1 | $0 | $0 |
| ARTHUR PHIDD | MEMBER Trustee or director | 1 | $0 | $0 |
| EBAN SCANLAN | MEMBER Trustee or director | 1 | $0 | $0 |
| LAURIE SCHAEFER | MEMBER Trustee or director | 1 | $0 | $0 |
| JOAN SMEMOE | MEMBER Trustee or director | 1 | $0 | $0 |
| DEWAYNE SOUTHERN | MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN WALKER | MEMBER Trustee or director | 1 | $0 | $0 |
| MARK WRIGHT | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4020 WESTCHASE BLVD STE 350, RALEIGH, NC 27607-6868
- Principal officer (990 for 2024)
- BROOKS RAIFORD, 4020 WESTCHASE BOULEVARD 350, RALEIGH, NC 27607
- Signed the 990
- BROOKS RAIFORD, PRESIDENT
- Phone
- (919) 856-0393
- Website
- WWW.NCTECH.ORG
- Return prepared by
- THOMAS JUDY & TUCKER PA
Mission
TO PROMOTE THE ELECTRONICS AND INOFRMATION TECHNOLOGY INDUSTRIES THROUGHOUT NORTH CAROLINA THROUGH EDUCATIONAL SEMINARS, PROGRAMS, NEWSLETTERS AND GOVERNMENT MONITORING.
Program accomplishments
- NCTA SERVES OVER 600 MEMBER COMPANIES IN THE ELECTRONICS AND INFORMATION TECHNOLOGY INDUSTRY (COMPUTER HARDWARE/SOFTWARE, TELECOMMUNICATIONS & RELATED BUSINESSES) IN PART BY SPONSORING AN ANNUAL MEETING & RELATED ACTIVITIES.Expenses $1,200,256
- NCTA SPONSORS SEVERAL PRIMARY FORUMS AND SMALLER BRIEFINGS THROUGH ITS EXECUTIVE ENGAGEMENT INITIATIVE. EXECUTIVE ENGAGEMENT PROGRAMS FOCUS ON EMERGING TECHNOLOGIES, BUSINESS SOLUTIONS AND OTHER PERTINENT ISSUES FACING TODAY'S TECHNOLOGY COMPANIES. EVENTS INCLUDE FORUMS AND GUEST SPEAKERS FROM PROMINENT TECHNOLOGY COMPANIES.Expenses $111,350
- NCTA SPONSORS AN ANNUAL LEADERSHIP CONFERENCE WHICH CONVENES LEADERS FROM ACROSS NORTH CAROLINA TO EXPLORE THE STATE OF THE TECHNOLOGY SECTOR, AS WELL AS HOW TECHNOLOGY DRIVES SALES AND INTEGRATES LEADERSHIP TEAMS. THIS CONFERENCE IS AN EXECUTIVE BRIEFING ON THE MID-YEAR ECONOMIC OUTLOOK, PROVIDED BY NATIONALLY PROMINENT ECONOMIST. LEADERS ACROSS A BROAD RANGE OF ORGANIZATIONS ANNUALLY ATTEND THIS CONFERENCE.
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
- 56-1821165
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,525,935
- Income (IRS master file)
- $2,286,669
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,842,732 | $1,959,930 | $1,525,935 | IRS |
| 990 | December 2023 | $1,776,923 | $1,837,654 | $1,335,636 | XML |
| 990 | December 2022 | $1,615,947 | $1,672,951 | $1,353,934 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 56-1821165).
Questions about NORTH CAROLINA TECHNOLOGY ASSOCIATION INC
- What is the EIN of NORTH CAROLINA TECHNOLOGY ASSOCIATION INC?
- The employer identification number (EIN) of NORTH CAROLINA TECHNOLOGY ASSOCIATION INC is 56-1821165.
- Is NORTH CAROLINA TECHNOLOGY ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1994.
- Are donations to NORTH CAROLINA TECHNOLOGY ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH CAROLINA TECHNOLOGY ASSOCIATION 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 TECHNOLOGY ASSOCIATION 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 TECHNOLOGY ASSOCIATION 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 TECHNOLOGY ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names BROOKS RAIFORD.
- Who are the officers and directors of NORTH CAROLINA TECHNOLOGY ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 34 people; 3 received compensation from the organization, the highest $490,487 (BROOKS RAIFORD, PRESIDENT).
- How much revenue does NORTH CAROLINA TECHNOLOGY ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,842,732, expenses of $1,959,930 and total assets of $1,525,935 at year end.
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