Nonprofit · EIN 56-6000865
KORNER GIFT SHOP
Tax-exempt · RALEIGH, NC 27607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $395,089 | $324,260 | $70,829 | $1,617,633 | $23,378 | $1,594,255 |
| June 30, 2024 | 990 | $297,410 | $338,635 | -$41,225 | $1,487,641 | $37,526 | $1,450,115 |
| June 30, 2023 | 990 | $227,783 | $252,335 | -$24,552 | $1,417,951 | $12,897 | $1,405,054 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,745
- Program service revenue
- $0
- Investment income
- $55,352
- Net gain from sales of assets
- $32,860
- Net income from sales of inventory
- $255,321
- Other revenue
- $337,992
Expenses
- Grants and similar amounts paid
- $105,865
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $2,442
- Program services (functional)
- $252,010
- Management and general (functional)
- $72,250
Balance sheet and other
- Total assets, start of year
- $1,487,641
- Total assets, end of year
- $1,617,633
- Total liabilities, end of year
- $23,378
- Net assets, end of year
- $1,594,255
- Publicly traded securities
- $1,067,546
- Net assets without donor restrictions
- $511,995
- Net assets with donor restrictions
- $1,082,260
- Gross receipts
- $1,078,764
- Employees
- 0
- Volunteers
- 31
- Year formed
- 1937
- 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 |
|---|---|---|---|
| Cameron Ellerbe | Director/Assistant Treasurer Trustee or director, Officer | 5 | $0 |
| Laura Isley | Director/President Trustee or director, Officer | 5 | $0 |
| Marlene Batchelor | Director/Vice President Trustee or director, Officer | 5 | $0 |
| Perri Anderson | Director/Treasurer Trustee or director, Officer | 5 | $0 |
| Susan Watson | Director/Secretary Trustee or director, Officer | 5 | $0 |
| Amanda Ramseur | Director Trustee or director | 3 | $0 |
| Astra Ball | Director Trustee or director | 3 | $0 |
| Betsy Frazier | Director Trustee or director | 3 | $0 |
| Carol Allen | Director Trustee or director | 3 | $0 |
| Elizabeth Deane | Director Trustee or director | 3 | $0 |
| Graham Satisky | Director Trustee or director | 3 | $0 |
| Jackie Stocks Rufty | Director Trustee or director | 3 | $0 |
| Jan Fry | Director Trustee or director | 3 | $0 |
| Jayne Teel | Director Trustee or director | 3 | $0 |
| Julie Sandridge | Director Trustee or director | 3 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Katie Gillespie | Director Trustee or director | 3 | $0 |
| Kim O'Han | Director Trustee or director | 3 | $0 |
| Liza Williams | Director Trustee or director | 3 | $0 |
| Louise McCoy | Director Trustee or director | 3 | $0 |
| Mary Boney | Director Trustee or director | 3 | $0 |
| Meredith Miller | Director Trustee or director | 3 | $0 |
| Michelle Tanner | Director Trustee or director | 3 | $0 |
| Mig Hardy | Director Trustee or director | 3 | $0 |
| Nadine Pittman | Director Trustee or director | 3 | $0 |
| Nancy Brenneman | Director Trustee or director | 3 | $0 |
| Rebecca Bennett | Director Trustee or director | 3 | $0 |
| Sally Scott Tippett | Director Trustee or director | 3 | $0 |
| Sandy Page | Director Trustee or director | 3 | $0 |
| Sarah Merriman | Director Trustee or director | 3 | $0 |
| Shanah Black | Director Trustee or director | 3 | $0 |
| Vicki Detweiler | Director Trustee or director | 3 | $0 |
990 for the year ended June 30, 2024: 30 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carol Allen | Director Trustee or director | 3 | $0 |
| Perri Anderson | Director/Assistant Treasurer Trustee or director, Officer | 5 | $0 |
| Marlene Batchelor | Director Trustee or director | 3 | $0 |
| Astra Ball | Director Trustee or director | 3 | $0 |
| Mary Boney | Director/President Trustee or director, Officer | 5 | $0 |
| Nancy Brenneman | Director Trustee or director | 3 | $0 |
| Vicki Detweiler | Director Trustee or director | 3 | $0 |
| Cameron Ellerbe | Director Trustee or director | 3 | $0 |
| Betsy Frazier | Director Trustee or director | 3 | $0 |
| Jan Fry | Director Trustee or director | 3 | $0 |
| Katie Gillespie | Director Trustee or director | 3 | $0 |
| Sandy Haar | Director Trustee or director | 3 | $0 |
| Mig Hardy | Director/Treasurer Trustee or director, Officer | 5 | $0 |
| Laura Isley | Director/Vice President Trustee or director, Officer | 5 | $0 |
| Louise McCoy | Director Trustee or director | 3 | $0 |
| Sarah Merriman | Director Trustee or director | 3 | $0 |
| Meredith Miller | Director Trustee or director | 3 | $0 |
| Kim O'Han | Director Trustee or director | 3 | $0 |
| Sandy Page | Director Trustee or director | 3 | $0 |
| Nadine Pittman | Director/Secretary Trustee or director, Officer | 5 | $0 |
| Amanda Ramseur | Director Trustee or director | 3 | $0 |
| Jackie Stocks Rufty | Director Trustee or director | 3 | $0 |
| Julie Sandridge | Director Trustee or director | 3 | $0 |
| Graham Satisky | Director Trustee or director | 3 | $0 |
| Michelle Tanner | Director Trustee or director | 3 | $0 |
| Jayne Teel | Director Trustee or director | 3 | $0 |
| Sally Scott Tippett | Director Trustee or director | 3 | $0 |
| Susan Watson | Director Trustee or director | 3 | $0 |
| Liza Williams | Director Trustee or director | 3 | $0 |
| Mary Brent Wright | Director Trustee or director | 3 | $0 |
990 for the year ended June 30, 2023: 30 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICKIE ALEXANDER | DIRECTOR Trustee or director | 3 | $0 |
| CAROL ALLEN | DIRECTOR Trustee or director | 3 | $0 |
| PERRI ANDERSON | DIRECTOR/ASSISTANT TREASURER Trustee or director, Officer | 5 | $0 |
| MARLENE BATCHELOR | DIRECTOR Trustee or director | 3 | $0 |
| ASTRA BALL | DIRECTOR Trustee or director | 3 | $0 |
| MARY BONEY | DIRECTOR/PRESIDENT Trustee or director, Officer | 5 | $0 |
| NANCY BRENNEMAN | DIRECTOR Trustee or director | 3 | $0 |
| ADRIENNE CLARK | DIRECTOR Trustee or director | 3 | $0 |
| MARTHA CRAMPTON | DIRECTOR Trustee or director | 3 | $0 |
| VICKI DETWEILER | DIRECTOR Trustee or director | 3 | $0 |
| CAMERON ELLERBE | DIRECTOR Trustee or director | 3 | $0 |
| BETSY FRAZIER | DIRECTOR Trustee or director | 3 | $0 |
| JAN FRY | DIRECTOR Trustee or director | 3 | $0 |
| KATIE GILLESPIE | DIRECTOR Trustee or director | 3 | $0 |
| SANDY HAAR | DIRECTOR Trustee or director | 3 | $0 |
| MIG HARDY | DIRECTOR/TREASURER Trustee or director, Officer | 5 | $0 |
| LAURA ISLEY | DIRECTOR/VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| MEREDITH MILLER | DIRECTOR Trustee or director | 3 | $0 |
| JULIE MOORE | DIRECTOR Trustee or director | 3 | $0 |
| KIM O'HAN | DIRECTOR Trustee or director | 3 | $0 |
| SANDY PAGE | DIRECTOR Trustee or director | 3 | $0 |
| NADINE PITTMAN | DIRECTOR/SECRETARY Trustee or director, Officer | 5 | $0 |
| AMANDA RAMSEUR | DIRECTOR Trustee or director | 3 | $0 |
| JULIE SANDRIDGE | DIRECTOR Trustee or director | 3 | $0 |
| MICHELLE TANNER | DIRECTOR Trustee or director | 3 | $0 |
| SALLY SCOTT TIPPETT | DIRECTOR Trustee or director | 3 | $0 |
| SUSAN WATSON | DIRECTOR Trustee or director | 3 | $0 |
| LIZA WILLIAMS | DIRECTOR Trustee or director | 3 | $0 |
| BONNIE WOODRUFF | DIRECTOR Trustee or director | 3 | $0 |
| MARY BRENT WRIGHT | DIRECTOR Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 4420 LAKE BOONE TRL, RALEIGH, NC 27607-7505
- In care of
- % UNC HEALTH SYSTEM ACCOUNTING
- Principal officer (990 for 2024)
- LAURA ISLEY, 4420 LAKE BOONE TRAIL, RALEIGH, NC 27607
- Signed the 990
- LAURA ISLEY, PRESIDENT
- Phone
- (919) 784-3100
- Return prepared by
- BDO USA
Mission
TO RENDER ASSISTANCE TO REX HOSPITAL, INC. THROUGH VOLUNTEERISM AND FINANCIAL SUPPORT.
Program accomplishments
- THE REX HOSPITAL GUILD SUPPORTS REX HOSPITAL, INC. WITH GRANTS TO ASSIST WITH A VARIETY OF PROGRAMS. THESE PROGRAMS INCLUDE GENERAL SUPPORT FOR NURSING FACILITIES, PATIENT ASSISTANCE WITH PURCHASING MEDICINES AND SCHOLARSHIPS. THE SCHOLARSHIPS ARE PROVIDED TO HIGH SCHOOL VOLUNTEERS FOR GENERAL COLLEGE PROGRAMS IN ANY FIELD OF STUDY. THE GUILD ALSO PROVIDES FUNDING FOR CONTINUING EDUCATION PROGRAMS FOR NURSES. THE GUILD PROVIDES FUNDS TO UNC REX HOME SERVICES TO ASSIST PATIENTS WITH UTILITY BILLS, FOOD, MEDICAL EQUIPMENT AND PRESCRIPTIONS AND NURSING VISITS FOR UNINSURED PATIENTS; AS WELL AS FUNDS TO CASE MANAGEMENT SERVICES FOR CLOTHING, SPECIFICALLY FOR BARIATRIC PATIENTS, SHOES AND TOILETRIES. THE GUILD ALSO PROVIDES FUNDS FOR INTERN STIPENDS IN THE REX HOSPITAL CHAPLAIN PROGRAM. THE GUILD SUPPORTS THE WOMEN AND CHILDREN'S CENTER THROUGH THE PURCHASE OF EQUIPMENT FOR THE BIRTHING CENTER, INCLUDING A DIGITAL CAMERA FOR BABY PHOTOS IN THE INTENSIVE CARE UNIT, BABY BOTTLES, INFANT CAR SEATS AND BEREAVEMENT CARE PACKAGES FOR PARENTS. IN ADDITION, VOLUNTEERS MAKE HATS AND GOWNS FOR THE BABIES BORN IN REX HOSPITAL. THE GUILD'S PATIENT SUPPORT PROGRAM SUPPORTS THE CANCER CENTER BY PROVIDING WIGS, BREAST PROSTHESES AND OTHER SUPPLIES NEEDED BY THE CHEMOTHERAPY PATIENTS. THE GUILD MAINTAINS THE BEAUTIFUL MAUDE GRIMES GARDENS ON REX HOSPITAL CAMPUS AS WELL AS PROVIDING GREENERY WEEKLY FOR THE CHAPEL AND POINSETTIAS FOR ALL COMMON AREAS DURING THE HOLIDAY SEASON. REX HOSPITAL GUILD HOSTS THE ANNUAL HOLIDAY TEA AND PROVIDES STUFFED BEARS AS GIFTS FOR PATIENTS SPENDING THE HOLIDAYS IN REX HOSPITAL. REX HOSPITAL GUILD IS INVOLVED WITH THE REX KORNER GIFT SHOP. REX HOSPITAL GUILD ASSISTS WITH BUYING MERCHANDISE AND WORKING SHIFTS IN THE GIFT SHOP, WHICH OFFERS A VARIETY OF GIFT ITEMS SUCH AS: BABY GIFTS, FLOWER ARRANGEMENTS, BALLOONS, INSPIRATIONAL ITEMS, SNACKS AND BOOKS AND MAGAZINES. ALL NET PROCEEDS FROM THE GIFT SHOP BENEFIT THE REX HOSPITAL GUILD PROGRAMS.Expenses $252,010 · grants $105,865 · revenue $337,992
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
- 56-6000865
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1941
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,617,633
- Income (IRS master file)
- $1,078,764
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $395,089 | $324,260 | $1,617,633 | XML |
| 990 | June 2024 | $297,410 | $338,635 | $1,487,641 | XML |
| 990 | June 2023 | $227,783 | $252,335 | $1,417,951 | XML |
| 990 | June 2022 | $296,931 | $295,263 | $1,343,512 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 56-6000865).
Questions about KORNER GIFT SHOP
- What is the EIN of KORNER GIFT SHOP?
- The employer identification number (EIN) of KORNER GIFT SHOP is 56-6000865.
- Is KORNER GIFT SHOP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1941.
- Are donations to KORNER GIFT SHOP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KORNER GIFT SHOP 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 KORNER GIFT SHOP 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 KORNER GIFT SHOP 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 KORNER GIFT SHOP?
- The 990 for the year ended June 30, 2025 names LAURA ISLEY.
- Who are the officers and directors of KORNER GIFT SHOP?
- The 990 for the year ended June 30, 2025 lists 31 people; 0 received compensation from the organization.
- How much revenue does KORNER GIFT SHOP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $395,089, expenses of $324,260 and total assets of $1,617,633 at year end.
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