Nonprofit · EIN 87-1014306
SOUTHEAST PROPANE ALLIANCE INC
Tax-exempt · RALEIGH, NC 27612
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,504,921 | $1,450,843 | $54,078 | $1,519,631 | $223,395 | $1,296,236 |
| December 31, 2023 | 990 | $1,346,602 | $1,377,017 | -$30,415 | $1,453,663 | $204,085 | $1,249,578 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $393,169
- Membership dues
- $383,904
- Program service revenue
- $981,336
- Investment income
- $22,200
- Royalties
- $21,515
- Net rental income
- -$1,863
- Net gain from sales of assets
- $6,224
- Net income from fundraising events
- -$535
- Other revenue
- $108,216
Expenses
- Grants and similar amounts paid
- $6,000
- Compensation of officers, directors and key employees
- $208,012
- Other salaries and wages
- $588,674
- Salaries, compensation and benefits (total)
- $912,882
- Professional fundraising fees
- $0
- Legal fees
- $340
- Accounting fees
- $21,599
- Occupancy
- $22,973
- Travel
- $37,137
- Depreciation
- $43,319
Balance sheet and other
- Total assets, start of year
- $1,453,663
- Total assets, end of year
- $1,519,631
- Total liabilities, end of year
- $223,395
- Net assets, end of year
- $1,296,236
- Land, buildings and equipment
- $800,358
- Publicly traded securities
- $285,717
- Net assets without donor restrictions
- $1,272,742
- Net assets with donor restrictions
- $23,494
- Gross unrelated business income
- -$165
- Gross receipts
- $1,877,975
- Employees
- 14
- Volunteers
- 30
- Year formed
- 2022
- 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 |
|---|---|---|---|---|
| JOHN JESSUP | PRESIDENT & CEO Officer | 50 | $189,261 | $18,751 |
| ANGI HARRIS | CHAIRWOMAN Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD O'SHEAL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ERIC TAYLOR | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DONALD GODFREY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BRYAN OVERCARSH | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| HOWARD DAVIS | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| PHIL FARRIS | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| ADAM RIGGS | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| DAN RICHARDSON | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| RAYMOND MCLEOD | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| GRANT GRIMSHAW | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| TYLER MISEL | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| DONNIE BULLOCK | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| CHARLES BRELAND | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT HERNANDEZ | BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| PRESTON LEE | BOARD OF DIRECTORS Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN JESSUP | PRESIDENT & CEO Officer | 50 | $216,802 | $18,418 |
| TYLER MISEL | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ANGI HARRIS | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD O'SHEAL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ERIC TAYLOR | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CHARLES BRELAND | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| DONNIE BULLOCK | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| RAYMOND MCLEOD | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| KIM FOLGER | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| DONALD GODFREY | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| ROBERT HERNANDEZ | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| PRESTON LEE | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| JAY LITTLE | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| BRYAN OVERCARSH | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| SCOTT PREWITT | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| DAN RICHARDSON | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| ADAM RIGGS | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5109 HOLLYRIDGE DRIVE, RALEIGH, NC 27612-3146
- In care of
- % JOHN JESSUP
- Principal officer (990 for 2024)
- JOHN JESSUP, 5109 HOLLYRIDGE DRIVE, RALEIGH, NC 27612
- Signed the 990
- JOHN JESSUP, PRESIDENT & CEO
- Phone
- (919) 787-8485
- Website
- WWW.SOUTHEASTPROPANE.ORG
- Return prepared by
- THOMAS JUDY & TUCKER PA
Mission
TO PROMOTE, PROTECT AND ENCOURAGE THE GROWTH OF THE LP-GAS INDUSTRY IN THE SOUTHEAST.
Program accomplishments
- TO ENCOURAGE, PROMOTE, AND DEVELOP THE PROPANE GAS INDUSTRY THROUGH EDUCATIONAL SEMINARS, AN ANNUAL CONVENTION, AND RELATED ACTIVITIES.
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
- 87-1014306
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $1,519,631
- Income (IRS master file)
- $1,877,975
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,504,921 | $1,450,843 | $1,519,631 | XML |
| 990 | December 2023 | $1,346,602 | $1,377,017 | $1,453,663 | XML |
| 990 | December 2022 | $3,156,390 | $1,608,907 | $1,482,520 | 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 87-1014306).
Questions about SOUTHEAST PROPANE ALLIANCE INC
- What is the EIN of SOUTHEAST PROPANE ALLIANCE INC?
- The employer identification number (EIN) of SOUTHEAST PROPANE ALLIANCE INC is 87-1014306.
- Is SOUTHEAST PROPANE ALLIANCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2022.
- Are donations to SOUTHEAST PROPANE ALLIANCE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOUTHEAST PROPANE ALLIANCE 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 SOUTHEAST PROPANE ALLIANCE 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 SOUTHEAST PROPANE ALLIANCE 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 SOUTHEAST PROPANE ALLIANCE INC?
- The 990 for the year ended December 31, 2024 names JOHN JESSUP.
- Who are the officers and directors of SOUTHEAST PROPANE ALLIANCE INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 1 received compensation from the organization, the highest $189,261 (JOHN JESSUP, PRESIDENT & CEO).
- How much revenue does SOUTHEAST PROPANE ALLIANCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,504,921, expenses of $1,450,843 and total assets of $1,519,631 at year end.
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All nonprofits in RALEIGH · North Carolina · Community improvement and capacity building