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Nonprofiteer
← LEADINGAGE NORTH CAROLINA

Form 990 for tax year 2022

Filed by LEADINGAGE NORTH CAROLINA.

Totals

Total revenue
$1,028,888
Total expenses
$892,883
Contributions and grants received
$604,490
Grants paid
$6,500
Program service revenue
$336,876
Investment income
$33,494
Other revenue
$54,028
Total assets, end of year
$964,675
Total liabilities, end of year
$473,575
Net assets or fund balances, end of year
$491,100
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $604,490

  • 2a · Program service revenue: CONFERENCES/SEMINARS

    total $278,936 · related or exempt $278,936

  • 2b · Program service revenue: ADMINISTRATIVE FEES

    total $47,940 · related or exempt $47,940

  • 2c · Program service revenue: MEMBER DIRECTORY

    total $10,000 · related or exempt $10,000

  • 3 · Investment income

    total $14,276 · excluded $14,276

  • 5 · Royalties

    total $53,928 · excluded $53,928

  • 7a · Gross sales of assets other than inventory

    securities $101,032 · other assets $760

  • 7b · Less cost or other basis and sales expenses

    securities $79,615 · other assets $2,959

  • 7c · Gain or loss

    securities $21,417 · other assets -$2,199

  • 7d · Net gain or loss

    total $19,218 · excluded $19,218

  • 11a · Other revenue: MISCELLANEOUS REV

    total $100 · excluded $100

  • 11e · Other revenue, total

    $100

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,500

  • 5 · Compensation of officers, directors and key employees

    total $262,716

  • 7 · Other salaries and wages

    total $156,498

  • 8 · Pension plan contributions

    total $10,483

  • 9 · Other employee benefits

    total $21,866

  • 10 · Payroll taxes

    total $24,423

  • 11b · Fees: legal

    total $11,540

  • 11c · Fees: accounting

    total $41,728

  • 11d · Fees: lobbying

    total $25,506

  • 11f · Fees: investment management

    total $3,368

  • 11g · Fees: other

    total $17,069

  • 13 · Office expenses

    total $14,772

  • 14 · Information technology

    total $16,539

  • 16 · Occupancy

    total $19,053

  • 17 · Travel

    total $24,865

  • 19 · Conferences, conventions and meetings

    total $228,716

  • 22 · Depreciation, depletion and amortization

    total $1,599

  • 23 · Insurance

    total $1,959

  • 24a · Other expenses: DUES AND MEMBERSHIPS

    total $3,683

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $77,142 · end of year $312,952

  • 2 · Savings and temporary cash investments

    beginning of year $50,003 · end of year $251,921

  • 4 · Accounts receivable

    beginning of year $13,199 · end of year $17,747

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,813 · end of year $3,965

  • 10a · Land, buildings and equipment: cost or other basis

    $5,113

  • 10b · Land, buildings and equipment: accumulated depreciation

    $85

  • 10c · Land, buildings and equipment, net

    beginning of year $4,472 · end of year $5,028

  • 11 · Investments: publicly traded securities

    beginning of year $312,462 · end of year $346,290

  • 12 · Investments: other securities

    beginning of year $26,250 · end of year $26,250

  • 15 · Other assets

    beginning of year $101,980 · end of year $522

  • 17 · Accounts payable and accrued expenses

    beginning of year $50,618 · end of year $49,976

  • 19 · Deferred revenue

    beginning of year $48,549 · end of year $263,549

  • 25 · Other liabilities

    beginning of year $36,600 · end of year $160,050

  • 27 · Net assets without donor restrictions

    beginning of year $453,554 · end of year $491,100

Mission and programs · 2022

Mission

THROUGH ADVOCACY, EDUCATION, INNOVATION AND COLLABORATION, THE ASSOCIATION PROVIDES EXPANDED POSSIBILITIES FOR AGING, VALUE TO ITS MEMBERS, AND LEADERSHIP TO THE FIELD OF AGING.

  • THE ORGANIZATION SERVES ITS MEMBERS WHO ARE ALL SENIOR LIVING COMMUNITIES. THE ORGANIZATION ENHANCES ITS MEMBER FACILITIES' ABILITIES TO BETTER SERVE THE FACILITY RESIDENTS, REPRESENTS AND PROMOTES THE COMMON INTEREST OF ITS FACILITY MEMBERS, AND PROVIDES ONGOING EDUCATIONAL OPPORTUNITIES AND ADVOCACY FOR ITS MEMBERS.

As filed on the 2022 return.

Listed in Part VII

  • KEVIN PARRIES

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • ANITA HOLT

    CHAIR ELECT

    Total calculated
    $0
    Hours/week
    1

  • JONATHAN ERICKSON

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • PAM FOX

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • LEE SYRIA

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • BEN CORNTHWAITE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHIP CROMARTIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • VONDA HOLLINGSWORTH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MILTON MCGOWLAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TERESA STEPHENS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • REED VANDERSILK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TIM WEBSTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • TOM AKINS

    PRESIDENT & CEO

    Total calculated
    $262,716
    From this org
    $227,501
    From related orgs
    $0
    Other
    $35,215
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $221,501
    Bonus
    $0
    Other
    $6,000
    Deferred
    $13,619
    Nontaxable benefits
    $21,596
    Filer's total
    $262,716

  • LESLIE ROSEBORO

    VICE PRESIDENT

    Total calculated
    $121,674
    From this org
    $103,933
    From related orgs
    $0
    Other
    $17,741
    Hours/week
    40 + 1 related

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, and on a Form 990-PF Part VIII's — 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

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2023
IRS schema version
2022v5.0
Source object
202311359349312676

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