Form 990 for tax year 2022
Filed by THE GOLDEN L E A F LONG-TERM ECONOMIC ADVANCEMENT FOUNDATION IN.
Totals
- Total revenue
- $57,758,666
- Total expenses
- $63,535,535
- Contributions and grants received
- $29,092,002
- Grants paid
- $56,181,459
- Program service revenue
- $0
- Investment income
- $27,563,917
- Other revenue
- $1,102,747
- Total assets, end of year
- $1,292,166,073
- Total liabilities, end of year
- $214,502,164
- Net assets or fund balances, end of year
- $1,077,663,909
- Program services expenses (Part IX)
- $58,611,376
- Management and general expenses
- $4,924,159
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $58,611,376
Program services were 92.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
SCOTT T HAMILTON
PRESIDENT/CEO
- Total calculated
- $287,405
- From this org
- $250,618
- From related orgs
- $0
- Other
- $36,787
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $239,430
- Bonus
- $10,000
- Other
- $1,188
- Deferred
- $25,852
- Nontaxable benefits
- $10,935
- Filer's total
- $287,405
-
EDWARD P LORD
SVP/GENERAL COUNSEL
- Total calculated
- $226,568
- From this org
- $184,513
- From related orgs
- $0
- Other
- $42,055
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,099
- Bonus
- $4,000
- Other
- $414
- Deferred
- $19,685
- Nontaxable benefits
- $22,370
- Filer's total
- $226,568
-
ERICA SMITH
CONTROLLER
- Total calculated
- $173,244
- From this org
- $138,402
- From related orgs
- $0
- Other
- $34,842
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $138,237
- Bonus
- $0
- Other
- $165
- Deferred
- $14,019
- Nontaxable benefits
- $20,823
- Filer's total
- $173,244
-
KASEY E GINSBERG
VP/CHIEF OF STAFF
- Total calculated
- $163,165
- From this org
- $137,351
- From related orgs
- $0
- Other
- $25,814
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $133,189
- Bonus
- $4,000
- Other
- $162
- Deferred
- $14,186
- Nontaxable benefits
- $11,628
- Filer's total
- $163,165
-
JONATHAN P BOYD
DIRECTOR OF INVESTMENTS
- Total calculated
- $155,002
- From this org
- $129,857
- From related orgs
- $0
- Other
- $25,145
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $129,695
- Bonus
- $0
- Other
- $162
- Deferred
- $13,549
- Nontaxable benefits
- $11,596
- Filer's total
- $155,002
-
TERRI ADOU-DY
DIR OF PROGRAMS/PROGRAMS ADMIN
- Total calculated
- $152,106
- From this org
- $121,015
- From related orgs
- $0
- Other
- $31,091
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $116,827
- Bonus
- $3,000
- Other
- $1,188
- Deferred
- $12,415
- Nontaxable benefits
- $18,676
- Filer's total
- $152,106
-
MARILYN M CHISM
DIRECTOR OF PROGRAMS
- Total calculated
- $126,622
- From this org
- $113,941
- From related orgs
- $0
- Other
- $12,681
- Hours/week
- 40
-
RHEA BARNES ENDED OCT 2022
SENIOR DIRECTOR ADMIN SERVICES
- Total calculated
- $105,118
- From this org
- $86,546
- From related orgs
- $0
- Other
- $18,572
- Hours/week
- 40
-
ANGELA GAILLIARD
DIRECTOR OF PROGRAMS
- Total calculated
- $54,936
- From this org
- $46,166
- From related orgs
- $0
- Other
- $8,770
- Hours/week
- 40
-
DARRYL MOSS
DIRECTOR
- Total calculated
- $1,664
- From this org
- $1,664
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
RALPH STRAYHORN III
VICE CHAIR
- Total calculated
- $1,456
- From this org
- $1,456
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
MURCHISON BIGGS
DIRECTOR
- Total calculated
- $1,456
- From this org
- $1,456
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
RANDY ISENHOWER
DIRECTOR
- Total calculated
- $1,248
- From this org
- $1,248
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
JEROME VICK
DIRECTOR
- Total calculated
- $1,248
- From this org
- $1,248
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
S LAWRENCE DAVENPORT
DIRECTOR
- Total calculated
- $1,040
- From this org
- $1,040
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
THOMAS F TAFT SR
DIRECTOR
- Total calculated
- $1,040
- From this org
- $1,040
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
DAVID L ROSE
DIRECTOR
- Total calculated
- $936
- From this org
- $936
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
BOBBIE J RICHARDSON
TREASURER/ASST. SECRETARY
- Total calculated
- $832
- From this org
- $832
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
LAURENCE LILLEY
DIRECTOR
- Total calculated
- $832
- From this org
- $832
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
DONALD E FLOW
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 15
-
JOHNATHAN RHYNE JR
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
CHARLES P BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
BARRY Z DODSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
BRIAN RAYNOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
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 committee
- 3 · Form 990 of other organizations
- 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
-
$9,962,860
SEE PART IV
-
NC STATE EDUCATION ASSISTANCE AUTHORITY
$3,119,660
SEE PART IV
-
NORTH CAROLINA COMMUNITY COLLEGE SYSTEM
$2,060,000
SEE PART IV
-
$1,645,000
SEE PART IV
-
$1,600,000
SEE PART IV
-
TOWN OF LA GRANGE NORTH CAROLINA
$1,500,000
SEE PART IV
-
$1,500,000
SEE PART IV
-
BLACK RIVER HEALTH SERVICES INC
$1,500,000
SEE PART IV
-
$1,500,000
SEE PART IV
-
$1,420,035
SEE PART IV
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342849349300704
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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