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Nonprofit · EIN 56-0858562

DURHAM EXCHANGE CLUB INDUSTRIES INC

Tax-exempt · DURHAM, NC 27703

Financials

$7.5M$6M2023$9.2M$7.3M2024
Revenue Expenses · by fiscal year end
Financials of DURHAM EXCHANGE CLUB INDUSTRIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$9,227,440$7,297,682$1,929,758$31,852,634$1,020,981$30,831,653
June 30, 2024990$7,455,544$6,042,568$1,412,976$28,145,950$789,564$27,356,386
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$500
Program service revenue
$3,922,670
Investment income
$582,649
Net rental income
$1,153,211
Net gain from sales of assets
-$2,815
Net income from sales of inventory
$3,566,424
Other revenue
$4,721,621

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$698,987
Other salaries and wages
$3,785,304
Salaries, compensation and benefits (total)
$6,033,843
Professional fundraising fees
$0
Legal fees
$3,911
Accounting fees
$27,272
Occupancy
$196,406
Travel
$42,667
Depreciation
$235,785
Program services (functional)
$6,139,047
Management and general (functional)
$1,158,635

Balance sheet and other

Total assets, start of year
$28,145,950
Total assets, end of year
$31,852,634
Total liabilities, end of year
$1,020,981
Net assets, end of year
$30,831,653
Land, buildings and equipment
$3,357,295
Publicly traded securities
$18,683,239
Net assets without donor restrictions
$30,831,653
Gross receipts
$16,393,277
Employees
224
Volunteers
0
Year formed
1966
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.

NameTitleHours / weekCompensationOther / benefits
Alan WaynePresident & CEO
Officer
40$305,312$34,271
Melissa SummeyCFO
Officer
40$198,338$30,121
Christina SailstadCOO
Officer
40$144,571$16,920
Scott RubleWarehouse Director
Highest-paid employee
40$120,226$16,504
LaKeatia Daniels-OwensHuman Resources Director
Highest-paid employee
40$113,042$20,209
Richard ButlerProduction Manager
Highest-paid employee
40$102,704$13,893
Sonja BeckfordProgram Services Director
Highest-paid employee
40$101,792$13,353
Jeff CawleyBoard Member
Trustee or director
0$0$0
Rosalind ColemanBoard Member
Trustee or director
0$0$0
Gerry DoddBoard Member
Trustee or director
0$0$0
Bill FrickBoard Member
Trustee or director
0$0$0
Kenneth GregoryBoard Member
Trustee or director
0$0$0
Gary KramlingBoard Member
Trustee or director
0$0$0
Debra MangumBoard Member
Trustee or director
0$0$0
John MarkhamBoard Member
Trustee or director
0$0$0
6 more people on this return
NameTitleHours / weekCompensation
James MuseBoard Member
Trustee or director
0$0
Carolyn TurnerBoard Member
Trustee or director
0$0
Peter HannaBoard Member
Trustee or director
0$0
Simon HandleyBoard Member
Trustee or director
0$0
Cathy JohnsonBoard Member
Trustee or director
0$0
Logan TomsBoard Member
Trustee or director
0$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensationOther / benefits
Alan WaynePresident & CEO
Officer
40$289,285$37,345
Melissa SummeyCFO
Officer
0$187,300$29,411
Scott RubleWarehouse Director
Highest-paid employee
40$124,058$15,561
Danielle JacksonProduction Director
Highest-paid employee
40$114,338$18,955
LaKeatia Daniels-OwensHuman Resources Director
Highest-paid employee
40$104,896$20,204
Christina SailstadCOO
Officer
40$50,840$3,470
Jeff CawleyBoard Member
Trustee or director
0$0$0
Rosalind ColemanBoard Member
Trustee or director
0$0$0
Gerry DoddBoard Member
Trustee or director
0$0$0
Bill FrickBoard Member
Trustee or director
0$0$0
Kenneth GregoryBoard Member
Trustee or director
0$0$0
Gary KramlingBoard Member
Trustee or director
0$0$0
Debra MangumBoard Member
Trustee or director
0$0$0
John MarkhamBoard Member
Trustee or director
0$0$0
James MuseBoard Member
Trustee or director
0$0$0
Carolyn TurnerBoard Member
Trustee or director
0$0$0
Peter HannaBoard Member
Trustee or director
0$0$0
Simon HandleyBoard Member
Trustee or director
0$0$0
Cathy ThackerBoard Member
Trustee or director
0$0$0
Logan TomsBoard Member
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
1717 E LAWSON ST, DURHAM, NC 27703-5025
In care of
% MELISSA SUMMEY
Principal officer (990 for 2024)
Alan Wayne, 1717 Lawson Street, Durham, NC 27703
Signed the 990
Melissa Summey, CFO
Phone
(919) 596-1341

Mission

DECI's mission is to help people with vocational disabilities achieve a sense of self-worth by optimizing their potential to earn their own wages through work.

990 for the year ended June 30, 2025

Program accomplishments

  • DECI has a contract with Source America (formerly NISH) to provide patient escort services to the VA Hospital in Durham. Source America is the national nonprofit agency designated by the Committee for Purchase from People who are Blind or Severely Disabled to provide technical assistance to Community Rehabilitation Programs interested in obtaining federal contracts under the Javits Wagner(JWOD) Program. The VA contracts for 31 FTE's. They cover 3 shifts 7 days a week.
    Expenses $1,856,685 · revenue $2,248,035
  • Medicaid Services: Innovations Waiver Program, formerly Community Alternatives Program. This is a Medicaid program providing group Day Support Services & Long Term Vocational Support services to individuals who meet the state eligibility requirements under Medicaid. An average of 45 individuals received services under this program each month. We also provide Long-Term Community Support Services, which is a day support program. There were an average of 13 individuals receiving services under this program each month.
    Expenses $1,057,045 · revenue $1,001,673
  • DECI provides ADVP and SEP-Long Term Follow services to individuals in Durham county through a contract with Alliance Behavioral Health a Managed Care Organization. ADVP is a work program designed to teach adults with developmental disabilities hands on job skills, appropriate work skills, communication skills and social competencies in an actual work setting so they can move into competitive jobs within the community. On average 14 individuals were served in this program each month. The Supported Employment Long Term Follow program provides support and on the job training to individuals who have a job in the community but require additional support to maintain employment. On average 37 individuals were served in this program each month.
    Expenses $689,649 · revenue $181,919
  • Other Programs include, Cafeteria, Job Training, Job Placement Services & Evaluation. There were 12 individuals placed in jobs through the Work Adjustment program and 21 individual placements through Supported Employment for the Year. Adults are also provided job training in the on-site cafe. Lunch is served daily M-F.
    Expenses $2,535,668 · revenue $491,043

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-0858562
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1967
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J30Z)
Assets (IRS master file)
$31,852,634
Income (IRS master file)
$16,393,277

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$9,227,440$7,297,682$31,852,634XML
990June 2024$7,455,544$6,042,568$28,145,950XML
990June 2023$6,391,586$5,713,561$25,348,763IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––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 56-0858562).

Questions about DURHAM EXCHANGE CLUB INDUSTRIES INC

What is the EIN of DURHAM EXCHANGE CLUB INDUSTRIES INC?
The employer identification number (EIN) of DURHAM EXCHANGE CLUB INDUSTRIES INC is 56-0858562.
Is DURHAM EXCHANGE CLUB INDUSTRIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
Are donations to DURHAM EXCHANGE CLUB INDUSTRIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DURHAM EXCHANGE CLUB INDUSTRIES INC 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 DURHAM EXCHANGE CLUB INDUSTRIES INC 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 DURHAM EXCHANGE CLUB INDUSTRIES INC 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 DURHAM EXCHANGE CLUB INDUSTRIES INC?
The 990 for the year ended June 30, 2025 names Alan Wayne.
Who are the officers and directors of DURHAM EXCHANGE CLUB INDUSTRIES INC?
The 990 for the year ended June 30, 2025 lists 21 people; 7 received compensation from the organization, the highest $305,312 (Alan Wayne, President & CEO).
How much revenue does DURHAM EXCHANGE CLUB INDUSTRIES INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $9,227,440, expenses of $7,297,682 and total assets of $31,852,634 at year end.

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