Skip to content
Nonprofiteer
← NEW HANOVER COMMUNITY ENDOWMENT INC

Form 990 for tax year 2023

Filed by NEW HANOVER COMMUNITY ENDOWMENT INC.

Totals

Total revenue
$72,912,305
Total expenses
$4,800,269
Contributions and grants received
$37,500,000
Grants paid
$0
Program services expenses (Part IX)
$1,485,671
Management and general expenses
$3,314,598
Fundraising expenses
$0
Program service expenses (Part III)
$1,485,671

Program services were 30.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Spence Broadhurst

    Director/Assistant Treasurer

    Total calculated
    $0
    Hours/week
    8

  • Hannah Gage

    Director/Secretary (until 09/30/23)

    Total calculated
    $0
    Hours/week
    8

  • Bill Cameron

    Director/Board Chair

    Total calculated
    $0
    Hours/week
    8

  • Edel Segovia

    Director/Vice Chair/Asst. Secretary

    Total calculated
    $0
    Hours/week
    8

  • Virginia Adams

    Director (until 09/30/23)

    Total calculated
    $0
    Hours/week
    8

  • Chris Boney

    Director

    Total calculated
    $0
    Hours/week
    8

  • Cedric Dickerson

    Director

    Total calculated
    $0
    Hours/week
    8

  • Michele Holbrook

    Director

    Total calculated
    $0
    Hours/week
    8

  • Patricia Kusek

    Director

    Total calculated
    $0
    Hours/week
    8

  • Pat Maguire

    Director

    Total calculated
    $0
    Hours/week
    8

  • Khadijia Tribie Reid

    Director

    Total calculated
    $0
    Hours/week
    8

  • David Sprunt

    Director

    Total calculated
    $0
    Hours/week
    8

  • Stedman Stevens

    Director

    Total calculated
    $0
    Hours/week
    8

  • Woody White

    Director

    Total calculated
    $0
    Hours/week
    8

  • Shannon Winslow

    Director

    Total calculated
    $0
    Hours/week
    8

  • William Buster

    President

    Total calculated
    $431,929
    From this org
    $406,850
    From related orgs
    $0
    Other
    $25,079
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $406,850
    Bonus
    $0
    Other
    $0
    Deferred
    $4,069
    Nontaxable benefits
    $21,010
    Filer's total
    $431,929

  • Lakesha McDay

    Vice President

    Total calculated
    $274,144
    From this org
    $251,675
    From related orgs
    $0
    Other
    $22,469
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $251,675
    Bonus
    $0
    Other
    $0
    Deferred
    $5,033
    Nontaxable benefits
    $17,436
    Filer's total
    $274,144

  • Joel Beeson

    Treasurer

    Total calculated
    $216,397
    From this org
    $202,021
    From related orgs
    $0
    Other
    $14,376
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,950
    Bonus
    $0
    Other
    $5,071
    Deferred
    $4,142
    Nontaxable benefits
    $10,234
    Filer's total
    $216,397

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202423209349320842

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.