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WESTERN NORTH CAROLINA REAL ESTATE FOUNDATION INC

EIN 26-1998057 ASHEVILLE, NC

Browse the largest nonprofits in North Carolina

Revenue 2024
$1,164,004
Expenses 2024
$1,147,247

Program services were 96.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
T11
Classification
1000
Street
4 VANDERBILT DRIVE 300

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

TO DEVELOP CHARITABLE RESOURCES THROUGH THE ACQUISITION AND LIQUIDATION OF GIFTS OF REAL ESTATE AS THEY BECOME AVAILABLE FOR THE BENEFIT OF THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA.

Activities or mission (Part I)

REFER TO SCHEDULE O FOR ORGANIZATION'S MISSION STATEMENT.TO DEVELOP CHARITABLE RESOURCES THROUGH THE ACQUISITION AND LIQUIDATION OF REAL ESTATE, SUPPORTING THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA.

  • DURING 2024, PROPERTY WAS SOLD TO SUPPORT THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA. THE ORGANIZATION INCURRED ONLY MINIMAL MAINTENANCE EXPENSES ON THE EXISTING REAL ESTATE FOR FUTURE SALE, PROCEEDS FOR USE TO BENEFIT THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA.

    Expenses $1,105,319 · Grants $1,105,319

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Josh Holmes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Carla Barnard

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Graham Keever

    TREASURER

    Total calculated
    $274,685
    From this org
    $0
    From related orgs
    $230,987
    Other
    $43,698
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $219,587 related
    Bonus
    $0 + $11,400 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $43,698 related
    Filer's total
    $0 + $274,685 related
  • Laura Herndon

    PRESIDENT

    Total calculated
    $152,308
    From this org
    $0
    From related orgs
    $130,116
    Other
    $22,192
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $128,716 related
    Bonus
    $0 + $1,400 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $22,192 related
    Filer's total
    $0 + $152,308 related
  • Michael Falknor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Barbara Baskerville

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Christine Mallette

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Joanne Badr Morgan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Julie D Klipp

    SECRETARY

    Total calculated
    $185,186
    From this org
    $0
    From related orgs
    $163,665
    Other
    $21,521
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $162,265 related
    Bonus
    $0 + $1,400 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $21,521 related
    Filer's total
    $0 + $185,186 related
  • Kimberly Winters

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jochen Lucke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Kate Madison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Eva Clement

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $1,164,004
    Expenses
    $1,147,247
    Contributions
    $1,384,019
    Grants paid
    $1,105,319
  • 2023
    Revenue
    $33,433
    Expenses
    $304,762
    Contributions
    $0
    Grants paid
    $295,284
  • 2022
    Revenue
    $291,330
    Expenses
    $2,742
    Contributions
    $285,000
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $9,873
    Expenses
    $2,700
    Assets (EOY)
    $86,359
  • 2020 · 990

    Revenue
    $412,535
    Expenses
    $401,130
    Assets (EOY)
    $79,186
  • 2019 · 990

    Revenue
    $10,924
    Expenses
    $2,470
    Assets (EOY)
    $67,781
  • 2018 · 990

    Revenue
    -$60,624
    Expenses
    $33,450
    Assets (EOY)
    $59,327
  • 2017 · 990

    Revenue
    $12,454
    Expenses
    $2,912
    Assets (EOY)
    $153,401
  • 2016 · 990

    Revenue
    $10,197
    Expenses
    $4,932
    Assets (EOY)
    $143,675
  • 2015 · 990

    Revenue
    $164,720
    Expenses
    $575,924
    Assets (EOY)
    $138,410
  • 2014 · 990

    Revenue
    $35,502
    Expenses
    $3,549,968
    Assets (EOY)
    $549,614
  • 2013 · 990

    Revenue
    $4,061,002
    Expenses
    $16,306
    Assets (EOY)
    $4,064,080
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $376,368
    Assets (EOY)
    $19,384

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 11 November 2026, under deductibility SOUNK.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.