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Nonprofit · EIN 26-1521067

RALEIGH BUSINESS AND PROFESSIONAL NETWORK

Tax-exempt (reinstated) · RALEIGH, NC 27601

Financials

$176K$163K2023$58K$119K2024
Revenue Expenses · by fiscal year end
Financials of RALEIGH BUSINESS AND PROFESSIONAL NETWORK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$58,022$118,948-$60,926$28,426$0$28,426
December 31, 2023990-EZ$176,499$162,978$13,521$89,352$0$89,352
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$25,000
Membership dues
$13,388
Program service revenue
$18,790
Investment income
$839
Other revenue
$5

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$29,578
Occupancy
$22,236
Printing, publications and postage
$55
Other expenses
$67,079

Balance sheet and other

Total assets, start of year
$89,352
Total assets, end of year
$28,426
Total liabilities, end of year
$0
Net assets, end of year
$28,426
Cash, savings and investments
$28,426
Gross receipts
$58,022

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Deanna JonesPresident10$0
Melina OlivaresSecretary5$0
Francisco ChavezDirector5$0
Dupre JonesVice President5$0
Noreen BarrettDirector5$0
John MitterlingVice President5$0
Devon HowardDirector10$0
James LowenDirector5$0
Grace PreucDirector2$0
Will HareDirector10$0
Thomas SwainTreasurer5$0
990-EZ for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
Kade KimberPresident0$0
Deanna JonesVice President0$0
Michael BoucherTreasurer0$0
Melina OlivaresSecretary0$0
Francisco ChavezDirector0$0
Jeff VojtaDirector0$0
Dupre JonesDirector0$0
Noreen BarrettDirector0$0
John MitterlingDirector0$0
Devon HowardDirector0$0
Fred LivingstonDirector0$0
James LowenDirector0$0
Grace PreucDirector0$0
Will HareDirector0$0

Address and contacts

Address (IRS master file)
16 W MARTIN ST, RALEIGH, NC 27601-1341
Signed the 990-EZ
Thomas Swain, Treasurer
Phone
(919) 307-6007

Mission

Professional Networking Group

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Expo to create connections between community members and local service providers
  • Networking and education events series
  • Co-working space for LGBT business owners and professionals

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
26-1521067
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$89,352
Income (IRS master file)
$176,499

Revocation and reinstatement

Exemption revoked
November 15, 2011
Posted by the IRS
July 9, 2012
Reinstated
Effective November 15, 2011

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$58,022$118,948$28,426XML
990-EZDecember 2023$176,499$162,978$89,352XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1521067).

Questions about RALEIGH BUSINESS AND PROFESSIONAL NETWORK

What is the EIN of RALEIGH BUSINESS AND PROFESSIONAL NETWORK?
The employer identification number (EIN) of RALEIGH BUSINESS AND PROFESSIONAL NETWORK is 26-1521067.
Is RALEIGH BUSINESS AND PROFESSIONAL NETWORK tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2011 and reinstated it effective November 15, 2011.
Are donations to RALEIGH BUSINESS AND PROFESSIONAL NETWORK tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RALEIGH BUSINESS AND PROFESSIONAL NETWORK file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RALEIGH BUSINESS AND PROFESSIONAL NETWORK due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RALEIGH BUSINESS AND PROFESSIONAL NETWORK last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of RALEIGH BUSINESS AND PROFESSIONAL NETWORK?
The 990-EZ for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does RALEIGH BUSINESS AND PROFESSIONAL NETWORK have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $58,022, expenses of $118,948 and total assets of $28,426 at year end.

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