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North Carolina Association Of Community Economic Development Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$433k (2023)

Expenses
$344k (2023)

Total Assets
$567k (2023)

Total Liabilities
$248k (2023)

Source: Form 990 tax filings from 2011 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
$432,628
Expenses
$344,336
Net Income
$88,292
Net Assets
$319,158
Notable Sources of Revenue Percent of Total Revenue
Contributions $432,628
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,200
17.5%
Professional Fundraising Fees $0
Other Salaries and Wages $71,200
20.7%
Assets/Debt
Total Assets $567,421
Total Liabilities $248,263
Net Assets $319,158
Compensation
Key Employees and Officers Compensation Related Other
Susan Perry Cole (President) $60,200 $0 $6,090
Stephanie Swepson Twitty (Director) $0 $0 $0
Arlene Lawson (Director) $0 $0 $0
Sharon Bey Christopher (Director) $0 $0 $0
Carl Manning (Director) $0 $0 $0
John Barnes (Director) $0 $0 $0
Mavis Hill (Director) $0 $0 $0
Cathy Alston Kearney (Director) $0 $0 $0
Joyce Dickens (Board Chair) $0 $0 $0
Lenwood Long (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$352,952
Expenses
$297,436
Net Income
$55,516
Net Assets
$230,866
Notable Sources of Revenue Percent of Total Revenue
Contributions $342,246
97.0%
Program Services $10,216
2.9%
Investment Income $490
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,200
20.2%
Professional Fundraising Fees $0
Other Salaries and Wages $71,200
23.9%
Assets/Debt
Total Assets $407,206
Total Liabilities $176,340
Net Assets $230,866
Compensation
Key Employees and Officers Compensation Related Other
Susan Perry Cole (President) $60,200 $0 $6,096
Stephanie Swepson Twitty (Director) $0 $0 $0
Arlene Lawson (Director) $0 $0 $0
Sharon Bey Christopher (Director) $0 $0 $0
Carl Manning (Director) $0 $0 $0
John Barnes (Director) $0 $0 $0
Mavis Hill (Director) $0 $0 $0
Cathy Alston Kearney (Director) $0 $0 $0
Joyce Dickens (Board Chair) $0 $0 $0
Lenwood Long (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$320,744
Expenses
$237,354
Net Income
$83,390
Net Assets
$175,350
Notable Sources of Revenue Percent of Total Revenue
Contributions $320,744
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,200
25.4%
Professional Fundraising Fees $0
Other Salaries and Wages $71,200
30.0%
Assets/Debt
Total Assets $253,326
Total Liabilities $77,976
Net Assets $175,350
Compensation
Key Employees and Officers Compensation Related Other
Susan Perry Cole (President) $60,200 $0 $6,012
Stephanie Swepson Twitty (Director) $0 $0 $0
Arlene Lawson (Director) $0 $0 $0
Sharon Bey Christopher (Director) $0 $0 $0
Carl Manning (Director) $0 $0 $0
John Barnes (Director) $0 $0 $0
Mavis Hill (Director) $0 $0 $0
Cathy Alston Kearney (Director) $0 $0 $0
Joyce Dickens (Board Chair) $0 $0 $0
Lenwood Long (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$207,011
Expenses
$206,222
Net Income
$789
Net Assets
$91,960
Notable Sources of Revenue Percent of Total Revenue
Contributions $207,011
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,200
29.2%
Professional Fundraising Fees $0
Other Salaries and Wages $71,200
34.5%
Assets/Debt
Total Assets $232,298
Total Liabilities $140,338
Net Assets $91,960
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Susan Perry Cole (President) $60,200 $0 $6,012
Stephanie Swepson Twitty (Director) $0 $0 $0
Arlene Lawson (Director) $0 $0 $0
Sharon Bey Christopher (Director) $0 $0 $0
Carl Manning (Director) $0 $0 $0
John Barnes (Director) $0 $0 $0
Mavis Hill (Director) $0 $0 $0
Cathy Alston Kearney (Director) $0 $0 $0
Joyce Dickens (Board Chair) $0 $0 $0
Lenwood Long (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$259,279
Expenses
$208,501
Net Income
$50,778
Net Assets
$91,171
Notable Sources of Revenue Percent of Total Revenue
Contributions $259,279
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,200
28.9%
Professional Fundraising Fees $0
Other Salaries and Wages $71,200
34.1%
Assets/Debt
Total Assets $109,089
Total Liabilities $17,918
Net Assets $91,171
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Susan Perry Cole (President) $60,200 $0 $6,012
Joyce Dickens (Board Chair) $0 $0 $0
Lenwood Long (Treasurer) $0 $0 $0
Mavis Hill (Director) $0 $0 $0
Cathy Alston Kearney (Director) $0 $0 $0
John Barnes (Director) $0 $0 $0
Arlene Lawson (Director) $0 $0 $0
Stephanie Swepson Twitty (Director) $0 $0 $0
Carl Manning (Director) $0 $0 $0
Sharon Bey Christopher (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$170,246
Expenses
$151,088
Net Income
$19,158
Net Assets
$40,393
Notable Sources of Revenue Percent of Total Revenue
Contributions $170,246
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $28,833
19.1%
Professional Fundraising Fees $0
Other Salaries and Wages $40,292
26.7%
Assets/Debt
Total Assets $227,208
Total Liabilities $186,815
Net Assets $40,393
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Susan Perry Cole (President) $28,833 $0 $3,167
Joyce Dickens (Board Chair) $0 $0 $0
Lenwood Long (Treasurer) $0 $0 $0
Mavis Hill (Director) $0 $0 $0
Cathy Alston Kearney (Director) $0 $0 $0
John Barnes (Director) $0 $0 $0
Arlene Lawson (Director) $0 $0 $0
Stephanie Swepson Twitty (Director) $0 $0 $0
Carl Manning (Director) $0 $0 $0
Sharon Bay Christopher (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$188,228
Expenses
$186,311
Net Income
$1,917
Net Assets
$21,235
Notable Sources of Revenue Percent of Total Revenue
Contributions $188,228
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $40,000
21.5%
Professional Fundraising Fees $0
Other Salaries and Wages $62,000
33.3%
Assets/Debt
Total Assets $150,586
Total Liabilities $129,351
Net Assets $21,235
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Susan Perrycole (President) $40,000 $5,232 $0
Joyce Dickens (Chair) $0 $0 $0
Lenwood Long (Treasurer) $0 $0 $0
Mavis Hill (Director) $0 $0 $0
Cathy Alston Kearney (Director) $0 $0 $0
John Barnes (Director) $0 $0 $0
Arlene Lawson (Director) $0 $0 $0
Stephanie Swepson Twitty (Director) $0 $0 $0
Carl Manning (Director) $0 $0 $0
Sharon Bey Christopher (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$207,541
Expenses
$213,563
Net Income
-$6,022
Net Assets
$19,218
Notable Sources of Revenue Percent of Total Revenue
Contributions $198,561
95.7%
Program Services $8,665
4.2%
Investment Income $315
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $34,557
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $118,188
Total Liabilities $98,970
Net Assets $19,218
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Susan Perrycole (President) $34,558 $0 $2,559
Joyce Dickens (Chair) $0 $0 $0
Lenwood Long (Treasurer) $0 $0 $0
Mavis Hill (Director) $0 $0 $0
Barbara Blackston (Director) $0 $0 $0
Cathy Alston Kearney (Director) $0 $0 $0
John Barnes (Director) $0 $0 $0
Arlene Lawson (Director) $0 $0 $0
Stephanie Swepson Twitty (Director) $0 $0 $0
Carl Manning (Director) $0 $0 $0
Sharon Bey Christopher (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$266,846
Expenses
$362,736
Net Income
-$95,890
Net Assets
$25,240
Notable Sources of Revenue Percent of Total Revenue
Contributions $266,846
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $59,242
16.3%
Professional Fundraising Fees $0
Other Salaries and Wages $134,714
37.1%
Assets/Debt
Total Assets $102,927
Total Liabilities $77,687
Net Assets $25,240
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Susan Perrycole (President) $59,242 $0 $6,054
Joyce Dickens (Chair) $0 $0 $0
Lenwood Long (Treasurer) $0 $0 $0
Mavis Hill (Director) $0 $0 $0
Barbara Blackston (Director) $0 $0 $0
Cathy Alston Kearney (Director) $0 $0 $0
John Barnes (Director) $0 $0 $0
Resea Willis (Director) $0 $0 $0
Arlene Lawson (Director) $0 $0 $0
Chuck Poe (Director) $0 $0 $0
Stephanie Swepson Twitty (Director) $0 $0 $0
John Stokes (Director) $0 $0 $0
Erin Byrd (Director) $0 $0 $0
Sharon Bey Christopher (Director) $0 $0 $0
Hillary Champaign (Director) $0 $0 $0
Carl Manning (Director) $0 $0 $0
Helen Mcinnis (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$294,546
Expenses
$498,549
Net Income
-$204,003
Net Assets
$121,131
Notable Sources of Revenue Percent of Total Revenue
Contributions $293,822
99.8%
Program Services $0
Investment Income $724
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $66,169
13.3%
Professional Fundraising Fees $0
Other Salaries and Wages $198,959
39.9%
Assets/Debt
Total Assets $341,532
Total Liabilities $220,401
Net Assets $121,131
Compensation
Key Employees and Officers Compensation Related Other
Susan Perrycole (President) $73,612 $0 $7,540
Joyce Dickens (Chair) $0 $0 $0
Lenwood Long (Treasurer) $0 $0 $0
Mavis Hill (Director) $0 $0 $0
Barbara Blackston (Director) $0 $0 $0
Cathy Alston Kearney (Director) $0 $0 $0
John Barnes (Director) $0 $0 $0
Resea Willis (Director) $0 $0 $0
Arlene Lawson (Director) $0 $0 $0
Chuck Poe (Director) $0 $0 $0
Stephanie Swepson Twitty (Director) $0 $0 $0
John Stokes (Director) $0 $0 $0
Erin Byrd (Director) $0 $0 $0
Sharon Bey Christopher (Director) $0 $0 $0
Hillary Champaign (Director) $0 $0 $0
Carl Manning (Director) $0 $0 $0
Helen Mcinnis (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$147,597
Expenses
$805,912
Net Income
-$658,315
Net Assets
$325,134
Notable Sources of Revenue Percent of Total Revenue
Contributions $146,560
99.3%
Program Services $0
Investment Income $1,037
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $107,868
13.4%
Professional Fundraising Fees $0
Other Salaries and Wages $324,314
40.2%
Assets/Debt
Total Assets $579,228
Total Liabilities $254,094
Net Assets $325,134
Compensation
Key Employees and Officers Compensation Related Other
Susan Perrycole (President) $92,565 $0 $18,958
Joyce Dickens (Chair) $0 $0 $0
Lenwood Long (Treasurer) $0 $0 $0
Mavis Hill (Director) $0 $0 $0
Barbara Blackston (Director) $0 $0 $0
Cathy Alston Kearney (Director) $0 $0 $0
John Barnes (Director) $0 $0 $0
Resea Willis (Director) $0 $0 $0
Arlene Lawson (Director) $0 $0 $0
Chuck Poe (Director) $0 $0 $0
Stephanie Swepson Twitty (Director) $0 $0 $0
John Stokes (Director) $0 $0 $0
Erin Byrd (Director) $0 $0 $0
Sharon Bey Christopher (Director) $0 $0 $0
Hillary Champaign (Director) $0 $0 $0
Carl Manning (Director) $0 $0 $0
Helen Mcinnis (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,110,179
Expenses
$981,721
Net Income
$128,458
Net Assets
$1,061,531
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,074,849
96.8%
Program Services $15,809
1.4%
Investment Income $2,742
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,779
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $107,865
11.0%
Professional Fundraising Fees $0
Other Salaries and Wages $402,432
41.0%
Assets/Debt
Total Assets $1,095,304
Total Liabilities $33,773
Net Assets $1,061,531

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$921,292
Expenses
$1,007,167
Net Income
-$85,875
Net Assets
$933,073
Notable Sources of Revenue Percent of Total Revenue
Contributions $878,866
95.4%
Program Services $17,830
1.9%
Investment Income $4,972
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $19,624
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $107,779
10.7%
Professional Fundraising Fees $0
Other Salaries and Wages $429,782
42.7%
Assets/Debt
Total Assets $965,970
Total Liabilities $32,897
Net Assets $933,073

Document Links

Fiscal Year Ending Dec.
2010

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.
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.
2006

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

Fiscal Year Ending Dec.
2003

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.
2002

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.
2001

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 »

Get the Data

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

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • 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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