Nonprofit · EIN 92-1234582
NCHOF INC
Tax-exempt · CHAPEL HILL, NC 27517
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $6,245,300 | $4,120,394 | $2,124,906 | $3,591,732 | $116,246 | $3,475,486 |
| June 30, 2023 | 990 | $2,136,306 | $869,779 | $1,266,527 | $1,268,464 | $0 | $1,268,464 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $6,189,872
- Program service revenue
- $0
- Investment income
- $55,428
- Net gain from sales of assets
- $2
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $257,642
- Other salaries and wages
- $79,184
- Salaries, compensation and benefits (total)
- $359,286
- Professional fundraising fees
- $0
- Legal fees
- $31,777
- Accounting fees
- $27,590
- Travel
- $519
- Program services (functional)
- $3,735,670
- Management and general (functional)
- $191,727
- Fundraising (functional)
- $192,997
Balance sheet and other
- Total assets, start of year
- $1,268,464
- Total assets, end of year
- $3,591,732
- Total liabilities, end of year
- $116,246
- Net assets, end of year
- $3,475,486
- Land, buildings and equipment
- $68,500
- Net assets without donor restrictions
- $2,939,486
- Net assets with donor restrictions
- $536,000
- Gross receipts
- $6,245,300
- Employees
- 2
- Volunteers
- 3
- 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 June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN RICE | EXECUTIVE DIRECTOR Officer | 50 | $230,769 | $4,800 |
| JAMES KOMAN | PRESIDENT, CFO, DIRECTOR Trustee or director, Officer | 3 | $0 | $0 |
| DAVID LEAVITT | SECRETARY, DIRECTOR Trustee or director, Officer | 3 | $0 | $0 |
| ROBERT RUSSELL | TREASURER, DIRECTOR Trustee or director, Officer | 3 | $0 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES KOMAN | PRESIDENT, CFO, DIRECTOR Trustee or director, Officer | 40 | $0 |
| DAVID LEAVITT | SECRETARY, DIRECTOR Trustee or director, Officer | 40 | $0 |
| ROBERT RUSSELL | TREASURER, DIRECTOR Trustee or director, Officer | 40 | $0 |
| KEVIN RICE | EXECUTIVE DIRECTOR Officer | 50 | $0 |
Address and contacts
- Address (IRS master file)
- 1450 RALEIGH ROAD, CHAPEL HILL, NC 27517-8833
- In care of
- % JAMES KOMAN
- Principal officer (990 for 2023)
- KEVIN RICE, PO BOX 4100, CHAPEL HILL, NC 27515
- Signed the 990
- JAMES KOMAN, PRESIDENT AND CFO
- Phone
- (315) 406-5882
- Website
- NCHOF.ORG
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
NCHOF WAS ESTABLISHED TO SUPPORT AND HONOR UNIVERSITY OF NORTH CAROLINA STUDENT ATHLETES OF THE PAST, PRESENT, AND FUTURE. WE ARE COMMITTED TO HIGHLIGHTING THE SUCCESSES OF THE UNIVERSITY'S ATHLETIC PROGRAMS AND DEVELOPING RELATIONSHIPS BETWEEN TAR HEELS PAST AND PRESENT. ULTIMATELY, WE EXPECT TO DESIGN AND CONSTRUCT A STANDALONE PHYSICAL HALL OF FAME WHERE LOCAL FANS AND VISITING TAR HEELS CAN CELEBRATE THEIR ATHLETIC HEROES AND WHICH WE WILL USE TO PROVIDE ADDITIONAL SERVICES TO CURRENT STUDENT ATHLETES. THROUGH OUR RELATIONSHIPS WITH THE STUDENT ATHLETES AND COMMUNITY ORGANIZATIONS, WE PROMOTE LOCAL, CHAPEL HILL AREA CHARITIES TO FURTHER DEEPEN THE GREAT BOND BETWEEN THE UNIVERSITY AND THE COMMUNITY.
Program accomplishments
- DEVELOP A SPORTS HALL OF FAME FOR THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL AND TO SUPPORT STUDENT ATHLETES OF THE PAST, PRESENT, AND FUTURE. AS A COMMUNITY ORGANIZATION, NCHOF SUPPORTS LOCAL CHARITABLE ORGANIZATIONS BY HELPING PROMOTION AND PARTICIPATION IN THEIR EVENTS AND PROGRAMMING.Expenses $3,735,670
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 | Not on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 92-1234582
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $3,591,732
- Income (IRS master file)
- $6,245,300
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $6,245,300 | $4,120,394 | $3,591,732 | IRS |
| 990 | June 2023 | $2,136,306 | $869,779 | $1,268,464 | XML |
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 92-1234582).
Questions about NCHOF INC
- What is the EIN of NCHOF INC?
- The employer identification number (EIN) of NCHOF INC is 92-1234582.
- Is NCHOF INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to NCHOF INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NCHOF 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 NCHOF INC 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 NCHOF INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of NCHOF INC?
- The 990 for the year ended June 30, 2024 names KEVIN RICE.
- Who are the officers and directors of NCHOF INC?
- The 990 for the year ended June 30, 2024 lists 4 people; 1 received compensation from the organization, the highest $230,769 (KEVIN RICE, EXECUTIVE DIRECTOR).
- How much revenue does NCHOF INC have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $6,245,300, expenses of $4,120,394 and total assets of $3,591,732 at year end.
Other nonprofits in CHAPEL HILL
- BILL & PEGGY BRITT FOUNDATION INC EIN 88-1729194 · last filed 990-PF for 2025
- WILLIAM R KENAN JR CHARITABLE TRUST EIN 13-6192029 · last filed 990-PF for 2025
- DAUGHTRY FAMILY FOUNDATION EIN 39-2526241 · last filed 990-PF for 2025
- KLAPPER FAMILY FOUNDATION INC EIN 35-1999306 · last filed 990-PF for 2025
- SCHOOL OF GOVERNMENT FOUNDATION INC EIN 56-1966429 · last filed 990 for 2025
- IRELAND FAMILY FOUNDATION EIN 56-2227048 · last filed 990-PF for 2025
- CARLSON FAMILY FOUNDATION INC EIN 31-1678303 · last filed 990-PF for 2025
- D MICHAEL WARNER-ELIZABETH B CRAVEN FOUNDATION TRUST EIN 81-4710242 · last filed 990-PF for 2025
All nonprofits in CHAPEL HILL · North Carolina · Philanthropy, voluntarism and grantmaking foundations