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Nonprofiteer
← NC STATE INVESTMENT FUND INC

Form 990 for tax year 2023

Filed by NC STATE INVESTMENT FUND INC.

Totals

Total revenue
$147,809,744
Total expenses
$81,467,353
Contributions and grants received
$0
Grants paid
$73,600,336
Program services expenses (Part IX)
$73,600,336
Management and general expenses
$7,867,017
Fundraising expenses
$0
Program service expenses (Part III)
$73,600,336

Program services were 90.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ALEX WALLACE

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ROBERT NEWELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JEFF BROCK

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • TY HUGGINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NAN STRADER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RANDY DISHMON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROBERT NELSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CRAIG DEMKO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JEFF SMITH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DERICK CLOSE

    MB CHAIR

    Total calculated
    $0
    Hours/week
    1

  • CHARLES MAIMONE

    TREASURER

    Total calculated
    $495,060
    From this org
    $0
    From related orgs
    $391,092
    Other
    $103,968
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $391,092 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $96,859 related
    Nontaxable benefits
    $0 + $7,109 related
    Filer's total
    $0 + $495,060 related

  • ERIN DELEHANTY

    SECRETARY

    Total calculated
    $242,020
    From this org
    $0
    From related orgs
    $188,285
    Other
    $53,735
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $188,285 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $46,626 related
    Nontaxable benefits
    $0 + $7,109 related
    Filer's total
    $0 + $242,020 related

  • DANA HARRIS

    ASSISTANT TREASURER

    Total calculated
    $356,161
    From this org
    $0
    From related orgs
    $279,586
    Other
    $76,575
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $277,750 related
    Bonus
    $0
    Other
    $0 + $1,836 related
    Deferred
    $0 + $69,466 related
    Nontaxable benefits
    $0 + $7,109 related
    Filer's total
    $0 + $356,161 related

  • W RANDOLPH WOODSON

    CHANCELLOR

    Total calculated
    $1,060,124
    From this org
    $0
    From related orgs
    $972,165
    Other
    $87,959
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $718,929 related
    Bonus
    $0
    Other
    $0 + $253,236 related
    Deferred
    $0 + $80,850 related
    Nontaxable benefits
    $0 + $7,109 related
    Filer's total
    $0 + $1,060,124 related

  • BRIAN SISCHO

    VICE CHANCELLOR

    Total calculated
    $674,650
    From this org
    $0
    From related orgs
    $621,677
    Other
    $52,973
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $496,852 related
    Bonus
    $0
    Other
    $0 + $124,825 related
    Deferred
    $0 + $45,864 related
    Nontaxable benefits
    $0 + $7,109 related
    Filer's total
    $0 + $674,650 related

  • FRANK BUCKLESS

    DIRECTOR

    Total calculated
    $438,722
    From this org
    $0
    From related orgs
    $378,732
    Other
    $59,990
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $378,732 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $52,881 related
    Nontaxable benefits
    $0 + $7,109 related
    Filer's total
    $0 + $438,722 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 — 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 · 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

The 10 largest by cash amount. The API serves every itemized grant.

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
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202433169349300608

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

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