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Piedmont Natural Gas 501 C 9 Tr For Retired Bargaining Unit Employees

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$1.97M (2023)

Expenses
$308k (2023)

Total Assets
$17.2M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,974,294
Expenses
$307,616
Net Income
$1,666,678
Net Assets
$17,236,006
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $455,564
23.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,518,730
76.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $28,058
9.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,236,006
Total Liabilities $0
Net Assets $17,236,006
Compensation
Key Employees and Officers Compensation Related Other
Bank Of New York Mellon (Trustee (See Schedule O)) $28,058 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$888,337
Expenses
$316,652
Net Income
$571,685
Net Assets
$16,884,716
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $393,329
44.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $495,008
55.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,884,716
Total Liabilities $0
Net Assets $16,884,716
Compensation
Key Employees and Officers Compensation Related Other
Bank Of New York Mellon (Trustee (See Schedule O)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,512,012
Expenses
$317,017
Net Income
$1,194,995
Net Assets
$20,902,870
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $352,297
23.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,159,715
76.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $20,902,870
Total Liabilities $0
Net Assets $20,902,870
Compensation
Key Employees and Officers Compensation Related Other
Bank Of New York Mellon (Trustee (See Schedule O)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$902,442
Expenses
$427,716
Net Income
$474,726
Net Assets
$18,935,252
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $386,365
42.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $516,077
57.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $8,073
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,935,252
Total Liabilities $0
Net Assets $18,935,252
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank (Trustee (End 12/20)) $8,073 $0 $0
Bank Of New York Mellon (Trustee (See Schedule O)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$924,277
Expenses
$358,785
Net Income
$565,492
Net Assets
$16,715,134
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $408,106
44.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $516,171
55.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,715,134
Total Liabilities $0
Net Assets $16,715,134
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank (Trustee) $6,528 $0 $0
Duke Energy Investment Committee (Committee) $0 $0 $0
Duke Energy Benefits Committee (Committee) $0 $0 $0

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Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$832,549
Expenses
$302,086
Net Income
$530,463
Net Assets
$14,217,152
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $352,120
42.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $480,429
57.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,217,152
Total Liabilities $0
Net Assets $14,217,152
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank (Trustee) $6,471 $0 $0
Duke Energy Investment Committee (Committee) $0 $0 $0
Duke Energy Benefits Committee (Committee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$681,985
Expenses
$29,278
Net Income
$652,707
Net Assets
$15,193,279
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $314,226
46.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $367,759
53.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $15,193,279
Total Liabilities $0
Net Assets $15,193,279
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$680,723
Expenses
$0
Net Income
$680,723
Net Assets
$13,725,165
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,674
3.5%
Investment Income $324,269
47.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $332,780
48.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,725,165
Total Liabilities $0
Net Assets $13,725,165
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$791,410
Expenses
$213,226
Net Income
$578,184
Net Assets
$13,185,573
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $109,928
13.9%
Investment Income $322,122
40.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $359,360
45.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,185,573
Total Liabilities $0
Net Assets $13,185,573
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,090,026
Expenses
$243,085
Net Income
$846,941
Net Assets
$13,940,840
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $189,452
17.4%
Investment Income $282,804
25.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $617,770
56.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,940,840
Total Liabilities $0
Net Assets $13,940,840
Compensation
Key Employees and Officers Compensation Related Other
Kevin O'hara (Director) $0 $0 $0
Karl Newlin (Director) $0 $0 $0
Renee H Metzler (Director) $0 $0 $0
Robert O Pritchard (Director) $0 $0 $0
Jose Simon (Director) $0 $0 $0
Kim Heffernan (Director) $0 $0 $0
T Minh Tran (Director) $0 $0 $0
Judy Mayo (Director) $0 $0 $0
Wells Fargo Bank Na (Institutional Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$664,668
Expenses
$352,037
Net Income
$312,631
Net Assets
$13,652,858
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,869
3.4%
Investment Income $258,094
38.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $383,705
57.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,652,858
Total Liabilities $0
Net Assets $13,652,858
Compensation
Key Employees and Officers Compensation Related Other
Kevin O'hara (Director) $0 $0 $0
Karl Newlin (Director) $0 $0 $0
Renee H Metzler (Director) $0 $0 $0
Robert O Pritchard (Director) $0 $0 $0
T Minh Tran (Director) $0 $0 $0
Lori Barber (Director) $0 $0 $0
Jose Simon (Director) $0 $0 $0
Kim Heffernan (Director) $0 $0 $0
Wells Fargo Bank Na (Institutional Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$528,580
Expenses
$364,692
Net Income
$163,888
Net Assets
$12,392,471
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $108,416
20.5%
Investment Income $294,233
55.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $125,931
23.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,392,471
Total Liabilities $0
Net Assets $12,392,471

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$642,358
Expenses
$619,588
Net Income
$22,770
Net Assets
$11,227,602
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $148,126
23.1%
Investment Income $312,515
48.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $181,717
28.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,227,602
Total Liabilities $0
Net Assets $11,227,602

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$572,418
Expenses
$881,991
Net Income
-$309,573
Net Assets
$11,658,809
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $202,327
35.3%
Investment Income $304,223
53.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $65,868
11.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,658,809
Total Liabilities $0
Net Assets $11,658,809

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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