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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 86-1903562

FINE WINES OF NC

Tax-exempt · WINSTON SALEM, NC 27101

Financials

$69K$65K2023$64K$66K2024
Revenue Expenses · by fiscal year end
Financials of FINE WINES OF NC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$63,885$66,105-$2,220$16,121–$16,121
December 31, 2023990-EZ$68,874$64,604$4,270$18,341–$18,341
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$15,000
Membership dues
$3,145
Program service revenue
$45,740

Expenses

Grants and similar amounts paid
$8,720
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$22,495
Other expenses
$34,890
Program services (functional)
$66,104

Balance sheet and other

Total assets, start of year
$18,341
Total assets, end of year
$16,121
Total liabilities, end of year
–
Net assets, end of year
$16,121
Cash, savings and investments
$10,121
Gross receipts
$63,885

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JEROME RAFFALDINIPRESIDENT1$0
DIANA JONESDIRECTOR0.5$0
HEATH LITTLEDIRECTOR0.5$0
KEN PARKERDIRECTOR0.5$0
JONATHAN REDGRAVEDIRECTOR0.5$0
JW RAYDIRECTOR0.5$0
DANIEL MCLAUGHLINSECRETARY5$0
CATHERINE MCLAUGHLINTREASURER5$0
990-EZ for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
JEROME RAFFALDINIPRESIDENT1$0
DIANA JONESDIRECTOR0.5$0
HEATH LITTLEDIRECTOR0.5$0
KEN PARKERDIRECTOR0.5$0
JONATHAN REDGRAVEDIRECTOR0.5$0
JW RAYDIRECTOR0.5$0
DANIEL MCLAUGHLINSECRETARY5$0
CATHERINE MCLAUGHLINTREASURER5$0

Address and contacts

Address (IRS master file)
934 W 5TH ST, WINSTON SALEM, NC 27101-2520
Mailing address (990-N for 2022)
934 W 5th Street, Winston Salem NC 27101
Principal officer (990-N for 2022)
Jerome Raffaldini, 450 Groce Road, Ronda NC 28670
Signed the 990-EZ
CATHERINE MCLAUGHLIN, TREASURER
Phone
(336) 721-1422
Return prepared by
BARNES & BARNES CPAS

Mission

EDUCATION RELATED TO VINIFERA & HYBRID GRAPES IN SUPPORT OF ENOLOGY, FERMENTATION, VITICULTURE, HOSPITALITY, AGRITOURISM.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • ANNUAL WINE COMPETITION FOR WINES MADE FROM VINIFERA & HYBRID GRAPES THAT ARE 100% NC GROWN; 37 MEMBERS. COMPETITION AWARDS CEREMONY WITH EDUCATION ABOUT VITICULTURE & ENOLOGY IN NC FOR MEMBERS & THE PUBLIC.
    Expenses $57,384
  • WINSTON-SALEM FOUNDATION SCHOLARSHIP FUND FOR NC STUDENTS ATTENDING NC COLLEGES PURSUING WINE RELATED CAREERS IN VITICULTURE, ENOLOGY, FERMENTATION, AND AGRITOURISM.
    Expenses $8,720 · grants $8,720

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-EZ for FINE WINES OF NC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
86-1903562
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$16,121
Income (IRS master file)
$63,885

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$63,885$66,105$16,121XML
990-EZDecember 2023$68,874$64,604$18,341XML
990-N for 2022
Officer: Jerome Raffaldini
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2021
Officer: Jerome Raffaldini
December 31, 2021≤ $50,000 receipts––e-Postcard

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 86-1903562).

Questions about FINE WINES OF NC

What is the EIN of FINE WINES OF NC?
The employer identification number (EIN) of FINE WINES OF NC is 86-1903562.
Is FINE WINES OF NC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to FINE WINES OF NC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FINE WINES OF NC 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 FINE WINES OF NC 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 FINE WINES OF NC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of FINE WINES OF NC?
The 990-N for 2022 names Jerome Raffaldini.
Who are the officers and directors of FINE WINES OF NC?
The 990-EZ for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does FINE WINES OF NC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $63,885, expenses of $66,105 and total assets of $16,121 at year end.

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