Nonprofit · EIN 56-0775353
NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES
Tax-exempt · RALEIGH, NC 27604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,422,707 | $4,608,638 | -$185,931 | $3,402,109 | $403,835 | $2,998,274 |
| June 30, 2024 | 990 | $3,959,857 | $4,070,066 | -$110,209 | $3,661,082 | $574,069 | $3,087,013 |
| June 30, 2023 | 990 | $3,763,098 | $3,966,303 | -$203,205 | $3,947,047 | $764,124 | $3,182,923 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,194,008
- of which government grants
- $100,000
- Membership dues
- $1,384,256
- Program service revenue
- $1,119,346
- Investment income
- $104,383
- Net gain from sales of assets
- $30,891
- Other revenue
- $4,970
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $665,642
- Other salaries and wages
- $562,860
- Salaries, compensation and benefits (total)
- $1,362,986
- Professional fundraising fees
- $0
- Occupancy
- $47,391
- Travel
- $115,804
- Depreciation
- $24,120
- Program services (functional)
- $4,116,149
- Management and general (functional)
- $411,059
- Fundraising (functional)
- $81,430
Balance sheet and other
- Total assets, start of year
- $3,661,082
- Total assets, end of year
- $3,402,109
- Total liabilities, end of year
- $403,835
- Net assets, end of year
- $2,998,274
- Land, buildings and equipment
- $1,058,619
- Publicly traded securities
- $1,613,905
- Net assets without donor restrictions
- $2,278,745
- Net assets with donor restrictions
- $719,529
- Gross receipts
- $4,422,707
- Employees
- 15
- Volunteers
- 36
- Year formed
- 1969
- State of legal domicile
- NC
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| A HOPE WILLIAMS | PRESIDENT Officer | 40 | $401,001 | $38,935 |
| THOMAS R WEST | VP FOR GOVERNMENT RELATION Highest-paid employee | 40 | $202,278 | $20,548 |
| PAULETTE DILLARD | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| NIDO R QUBEIN | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| LAWRENCE D CZARDA | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| ANTHONY J DAVIS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DOUGLAS SEARCY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| WILLIAM THIERFELDER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| SUZANNE WALSH | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BRADLEY J ANDREWS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| KATHERINE PROPST | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ROSEMARY M THOMAS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAVID NELSON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| NATE EVANS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DOUGLAS HICKS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
23 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VINCENT PRICE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| CONSTANCE LEDOUX BOOK | BOARD MEMBER Trustee or director | 0.5 | $0 |
| J BRADLEY CREED | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JEAN PARVIN BORDEWICH | BOARD MEMBER Trustee or director | 0.5 | $0 |
| AIMEE SAPP | BOARD MEMBER Trustee or director | 0.5 | $0 |
| VALERIE KINLOCH | BOARD MEMBER Trustee or director | 0.5 | $0 |
| HERBERT L KING JR | BOARD MEMBER Trustee or director | 0.5 | $0 |
| FREDERICK K WHITT | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GARY M BROWN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOHN ANTHONY FLOYD | BOARD MEMBER Trustee or director | 0.5 | $0 |
| STANLEY T WEARDEN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| PAUL MAURER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| EVAN DUFF | BOARD MEMBER Trustee or director | 0.5 | $0 |
| SCOTT BULLARD | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DANIEL G LUGO | BOARD MEMBER Trustee or director | 0.5 | $0 |
| TARUN MALIK | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MARCUS BURGESS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| SUMMER JOHNSON MCGEE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| EDWARD CROOM | BOARD MEMBER Trustee or director | 0.5 | $0 |
| SUSAN R WENTE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DAMIAN J FERNANDEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| LYNN MORTON | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RHETT BROWN | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
990 for the year ended June 30, 2024: 38 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| A HOPE WILLIAMS | PRESIDENT Officer | 40 | $398,873 | $38,082 |
| THOMAS R WEST | VP FOR GOVERNMENT RELATION Highest-paid employee | 40 | $200,981 | $20,398 |
| JO ALLEN | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| NIDO R QUBEIN | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| RHETT BROWN | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| ANTHONY J DAVIS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DOUGLAS SEARCY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| WILLIAM THIERFELDER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| SUZANNE WALSH | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BRADLEY J ANDREWS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CAM CRUICKSHANK | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| J BRADLEY CREED | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAVID NELSON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CHARLES TAYLOR | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DOUGLAS HICKS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| VINCENT PRICE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CONSTANCE LEDOUX BOOK | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| WILLIAM M DOWNS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| LAWRENCE D CZARDA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| KYLE FARMBY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| VALERIE KINLOCH | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| HERBERT L KING JR | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| FREDERICK K WHITT | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| GARY M BROWN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JOHN ANTHONY FLOYD | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| STANLEY T WEARDEN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PAUL MAURER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| EVAN DUFF | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| SCOTT BULLARD | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DANIEL LUGO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MARCUS BURGESS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| SUMMER JOHNSON MCGEE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PAULETTE DILLARD | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| TARUN MALIK | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| EDWARD CROOM | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| SUSAN R WENTE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAMIAN J FERNANDEZ | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BRIAN C RALPH | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2023: 38 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| A HOPE WILLIAMS | PRESIDENT Officer | 40 | $397,479 | $37,961 |
| THOMAS R WEST | VP FOR GOVERNMENT RELATION Highest-paid employee | 40 | $201,731 | $20,453 |
| JO ALLEN | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| NIDO R QUBEIN | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| RHETT BROWN | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| ANTHONY J DAVIS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DOUGLAS SEARCY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| WILLIAM THIERFELDER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| SUZANNE WALSH | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BRADLEY J ANDREWS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CAM CRUICKSHANK | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| J BRADLEY CREED | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAVID NELSON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CHARLES TAYLOR | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DOUGLAS HICKS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| VINCENT PRICE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CONSTANCE LEDOUX BOOK | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| WILLIAM M DOWNS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| LAWRENCE D CZARDA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| KYLE FARMBY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CLARENCE D ARMBRISTER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| HERBERT L KING JR | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| FREDERICK K WHITT | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| GARY M BROWN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JOHN ANTHONY FLOYD | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| STANLEY T WEARDEN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PAUL MAURER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| EVAN DUFF | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| SCOTT BULLARD | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DANIEL LUGO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CHRISTINE JOHNSON MCPHAIL | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| SUMMER JOHNSON MCGEE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PAULETTE DILLARD | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| TARUN MALIK | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| EDWARD CROOM | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| SUSAN R WENTE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAMIAN J FERNANDEZ | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BRIAN C RALPH | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 530 N BLOUNT ST, RALEIGH, NC 27604-1120
- Principal officer (990 for 2024)
- DR A HOPE WILLIAMS, 530 N BLOUNT STREET, RALEIGH, NC 27604
- Signed the 990
- DR A HOPE WILLIAMS, PRESIDENT
- Phone
- (919) 832-5817
- Website
- WWW.NCICU.ORG
- Return prepared by
- DEAN DORTON ALLEN FORD PLLC
Mission
TO SUPPORT, REPRESENT AND ADVOCATE FOR NORTH CAROLINA INDEPENDENT HIGHER EDUCATION.
Program accomplishments
- NCICU REPRESENTS INDEPENDENT HIGHER EDUCATION IN THE AREAS OF STATE AND FEDERAL PUBLIC POLICY AND ON EDUCATION ISSUES WITH THE OTHER SECTORS OF EDUCATION IN THE STATE. NCICU PROVIDES RESEARCH AND INFORMATION TO AND ABOUT PRIVATE COLLEGES AND UNIVERSITIES AND PROVIDES STAFF DEVELOPMENT OPPORTUNITIES.Expenses $3,380,838 · revenue $410,141
- NC LIVE - THE ORGANIZATION HANDLES THE ADMINISTRATION OF THE VIRTUAL LIBRARIES FOR THE INDEPENDENT COLLEGE & UNIVERSITIES IN NORTH CAROLINA.Expenses $705,344 · revenue $691,178
- COUNSELOR TOURS - THE ORGANIZATION OFFERS BUS TOURS OF THE PRIVATE COLLEGE AND UNIVERSITIES IN NC TO PROSPECTIVE STUDENTS.Expenses $29,967 · revenue $22,997
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-0775353
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1964
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $3,402,109
- Income (IRS master file)
- $4,422,707
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,422,707 | $4,608,638 | $3,402,109 | IRS |
| 990 | June 2024 | $3,959,857 | $4,070,066 | $3,661,082 | IRS |
| 990 | June 2023 | $3,763,098 | $3,966,303 | $3,947,047 | XML |
| 990 | June 2022 | $4,017,915 | $3,359,455 | $3,943,765 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 56-0775353).
Questions about NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES
- What is the EIN of NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES?
- The employer identification number (EIN) of NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES is 56-0775353.
- Is NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES 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 NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES?
- The 990 for the year ended June 30, 2025 names DR A HOPE WILLIAMS.
- Who are the officers and directors of NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES?
- The 990 for the year ended June 30, 2025 lists 38 people; 2 received compensation from the organization, the highest $401,001 (A HOPE WILLIAMS, PRESIDENT).
- How much revenue does NORTH CAROLINA INDEPENDENT COLLEGES & UNIVERSITIES have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,422,707, expenses of $4,608,638 and total assets of $3,402,109 at year end.
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- NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC EIN 56-6049503 · last filed 990 for 2025
- NORTH CAROLINA PARTNERSHIP FOR CHILDREN INC EIN 56-1850485 · last filed 990 for 2025
- MEREDITH COLLEGE EIN 56-0530242 · last filed 990 for 2025
- THALES ACADEMY EIN 20-8920342 · last filed 990 for 2025
- NC STUDENT AID ASSOCIATION INC EIN 56-0650623 · last filed 990 for 2025
- RAVENSCROFT SCHOOL INC EIN 56-6001583 · last filed 990 for 2025
- NC STATE ENGINEERING FOUNDATION INC EIN 56-6046987 · last filed 990 for 2025