Nonprofit · EIN 56-1901939
TRIANGLE COMMERCIAL ASSOCIATION OF REALTORS INC
Tax-exempt · RALEIGH, NC 27607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $105,753 | $123,181 | -$17,428 | $108,584 | $46,831 | $61,753 |
| December 31, 2023 | 990 | $121,121 | $123,288 | -$2,167 | $88,801 | $9,620 | $79,181 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $25,740
- Program service revenue
- $88,153
- Investment income
- $891
- Net income from fundraising events
- -$9,031
- Other revenue
- -$9,031
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $60,000
- Salaries, compensation and benefits (total)
- $64,772
- Professional fundraising fees
- $0
- Legal fees
- $829
- Accounting fees
- $8,524
Balance sheet and other
- Total assets, start of year
- $88,801
- Total assets, end of year
- $108,584
- Total liabilities, end of year
- $46,831
- Net assets, end of year
- $61,753
- Net assets without donor restrictions
- $61,753
- Gross receipts
- $138,691
- Employees
- 1
- Volunteers
- 14
- Year formed
- 1994
- 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 |
|---|---|---|---|
| ABIGAIL WOOD | EXECUTIVE DIRECTOR Officer | 40 | $60,000 |
| JAY TAYLOR | PAST PRESIDENT Trustee or director | 2 | $0 |
| WILLIAM WHITE JR | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MICHAEL WALLACE | TREASURER Trustee or director, Officer | 2 | $0 |
| GRETCHEN SAUSSY | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS GOINS | BOARD MEMBER Trustee or director | 1 | $0 |
| BROOKE DALRYMPLE | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID STROUD | BOARD MEMBER Trustee or director | 1 | $0 |
| COLE PENNELL | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHNNY WEHMANN | BOARD MEMBER Trustee or director | 1 | $0 |
| THOMAS GOODWIN | BOARD MEMBER Trustee or director | 1 | $0 |
| MARY ANN PETERSON | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHELE STEWART | BOARD MEMBER Trustee or director | 1 | $0 |
| JONI BARNES | BOARD MEMBER Trustee or director | 1 | $0 |
| EMMA LANTZ | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ABIGAIL WOOD | EXECUTIVE DIRECTOR Officer | 40 | $61,500 |
| KIM MILLS | PAST PRESIDENT Trustee or director | 2 | $0 |
| JAY TAYLOR | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MICHAEL WALLACE | TREASURER Trustee or director, Officer | 2 | $0 |
| ADAM CAPANI | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS GOINS | BOARD MEMBER Trustee or director | 1 | $0 |
| BROOKE DALRYMPLE | BOARD MEMBER Trustee or director | 1 | $0 |
| THOMAS GOODWIN | BOARD MEMBER Trustee or director | 1 | $0 |
| MARY ANN PETERSON | BOARD MEMBER Trustee or director | 1 | $0 |
| GRETCHEN SAUSSY | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHELLE STEWART | BOARD MEMBER Trustee or director | 1 | $0 |
| WILLIAM WHITE JR | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3801 LAKE BOONE TRL STE 260, RALEIGH, NC 27607-2969
- In care of
- % J CLARK BREWER
- Principal officer (990 for 2024)
- ABBEY WOOD, PO BOX 3278, CARY, NC 27519
- Signed the 990
- WILSON HICKS, TREASURER
- Phone
- (919) 719-8089
- Website
- WWW.TCAR.COM
- Return prepared by
- THOMAS JUDY & TUCKER PA
Mission
TO PROVIDE OUR MEMBERS A VALUE THROUGH NETWORKING, EDUCATION, BEST PRACTICE STANDARDS, GOVERNMENTAL ADVOCACY AND COMMUNITY SERVICE BY UTILIZING THE HIGHEST QUALITY RESOURCES AND SERVICES AVAILABLE WITHIN THE INDUSTRY.
Program accomplishments
- TO PROVIDE OUR MEMBERS A VALUE THROUGH NETWORKING, EDUCATION, BEST PRACTICE STANDARDS, GOVERNMENTAL ADVOCACY AND COMMUNITY SERVICE BY UTILIZING THE HIGHEST QUALITY RESOURCES AND SERVICES AVAILABLE WITHIN THE INDUSTRY.
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
- 56-1901939
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $108,584
- Income (IRS master file)
- $138,691
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $105,753 | $123,181 | $108,584 | XML |
| 990 | December 2023 | $121,121 | $123,288 | $88,801 | XML |
| 990 | December 2022 | $161,057 | $144,658 | $101,879 | IRS |
| 990 | December 2021 | – | – | – | 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 56-1901939).
Questions about TRIANGLE COMMERCIAL ASSOCIATION OF REALTORS INC
- What is the EIN of TRIANGLE COMMERCIAL ASSOCIATION OF REALTORS INC?
- The employer identification number (EIN) of TRIANGLE COMMERCIAL ASSOCIATION OF REALTORS INC is 56-1901939.
- Is TRIANGLE COMMERCIAL ASSOCIATION OF REALTORS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1998.
- Are donations to TRIANGLE COMMERCIAL ASSOCIATION OF REALTORS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TRIANGLE COMMERCIAL ASSOCIATION OF REALTORS 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 TRIANGLE COMMERCIAL ASSOCIATION OF REALTORS 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 TRIANGLE COMMERCIAL ASSOCIATION OF REALTORS 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 TRIANGLE COMMERCIAL ASSOCIATION OF REALTORS INC?
- The 990 for the year ended December 31, 2024 names ABBEY WOOD.
- Who are the officers and directors of TRIANGLE COMMERCIAL ASSOCIATION OF REALTORS INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $60,000 (ABIGAIL WOOD, EXECUTIVE DIRECTOR).
- How much revenue does TRIANGLE COMMERCIAL ASSOCIATION OF REALTORS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $105,753, expenses of $123,181 and total assets of $108,584 at year end.
Other nonprofits in RALEIGH
- STATE CHARTERED CREDIT UNIONS INC EIN 56-0475645 · last filed 990 for 2025
- WAKEMED EIN 56-6017737 · last filed 990 for 2025
- REX HOSPITAL INC EIN 56-1509260 · last filed 990 for 2025
- NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION EIN 56-0995910 · last filed 990 for 2025
- NORTH CAROLINA INSURANCE EIN 23-7102759 · last filed 990 for 2025
- NC STATE INVESTMENT FUND INC EIN 31-1607634 · last filed 990 for 2025
- NORTH CAROLINA JOINT UNDERWRITING ASSOCIATION EIN 56-1222676 · last filed 990 for 2025
- FOOD BANK OF CENTRAL & EASTERN NORTH CAROLINA INC EIN 56-1283426 · last filed 990 for 2025