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Nonprofit · EIN 56-0906497

ADVANCEMENT REGIONAL BUSINESS LENDERS INC

Tax-exempt · LUMBERTON, NC 28358

Financials

$187K$225K2022$322K$225K2023$329K$234K2024
Revenue Expenses · by fiscal year end
Financials of ADVANCEMENT REGIONAL BUSINESS LENDERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$329,131$234,457$94,674$4,361,201$3,080,314$1,280,887
September 30, 2024990$321,653$224,978$96,675$4,531,312$3,345,099$1,186,213
September 30, 2023990$187,249$224,513-$37,264$4,466,858$3,377,320$1,089,538
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$100,000
of which government grants
$100,000
Program service revenue
$229,131
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$136,300
Salaries, compensation and benefits (total)
$164,654
Professional fundraising fees
$0
Travel
$993
Depreciation
$2,686
Program services (functional)
$2,686
Management and general (functional)
$231,771

Balance sheet and other

Total assets, start of year
$4,531,312
Total assets, end of year
$4,361,201
Total liabilities, end of year
$3,080,314
Net assets, end of year
$1,280,887
Land, buildings and equipment
$52,564
Net assets without donor restrictions
$1,280,887
Gross receipts
$329,131
Employees
2
Year formed
1968

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
KEITH ALSUPBOARD MEMBER
Trustee or director
–$0
MICHAEL DAVISBOARD MEMBER
Trustee or director
–$0
MARIE GIBSONEXECUTIVE CO
Trustee or director
–$0
CHUCK HEUSTESSBOARD MEMBER
Trustee or director
–$0
WAYNE HORNEVICE PRESIDE
Trustee or director, Officer
–$0
WES JOHNSONBOARD MEMBER
Trustee or director
–$0
CHANNING JONESBOARD MEMBER
Trustee or director
–$0
JOHN O JORDANBOARD MEMBER
Trustee or director
–$0
GARY LANIERBOARD MEMBER
Trustee or director
–$0
KEN LEEBOARD MEMBER
Trustee or director
–$0
LEON MARTINPRESIDENT
Trustee or director, Officer
–$0
W LEWIS SAULSEXECUTIVE CO
Trustee or director
–$0
MACK S SKIPPERSEC/TREASURE
Trustee or director, Officer
–$0
DENNIS TROYBOARD MEMBER
Trustee or director
–$0
RICHARD WALLACEBOARD MEMBER
Trustee or director
–$0
4 more people on this return
NameTitleHours / weekCompensation
GLENN WALTERSEXECUTIVE CO
Trustee or director
–$0
GERALD WRIGHTEXECUTIVE CO
Trustee or director
–$0
WILL WRIGHTBOARD MEMBER
Trustee or director
–$0
GREG TAYLOREXECUTIVE DI
Officer
–$0
990 for the year ended September 30, 2024: 19 people
NameTitleHours / weekCompensation
KEITH ALSUPBOARD MEMBER
Trustee or director
–$0
MICHAEL DAVISBOARD MEMBER
Trustee or director
–$0
MARIE GIBSONEXECUTIVE CO
Trustee or director
–$0
CHUCK HEUSTESSBOARD MEMBER
Trustee or director
–$0
WAYNE HORNEVICE PRESIDE
Trustee or director, Officer
–$0
WES JOHNSONBOARD MEMBER
Trustee or director
–$0
CHANNING JONESBOARD MEMBER
Trustee or director
–$0
JOHN O JORDANBOARD MEMBER
Trustee or director
–$0
GARY LANIERBOARD MEMBER
Trustee or director
–$0
KEN LEEBOARD MEMBER
Trustee or director
–$0
LEON MARTINPRESIDENT
Trustee or director, Officer
–$0
W LEWIS SAULSEXECUTIVE CO
Trustee or director
–$0
MACK S SKIPPERSEC/TREASURE
Trustee or director, Officer
–$0
DENNIS TROYBOARD MEMBER
Trustee or director
–$0
RICHARD WALLACEBOARD MEMBER
Trustee or director
–$0
GLENN WALTERSEXECUTIVE CO
Trustee or director
–$0
GERALD WRIGHTEXECUTIVE CO
Trustee or director
–$0
WILL WRIGHTBOARD MEMBER
Trustee or director
–$0
GREG TAYLOREXECUTIVE DI
Officer
–$0
990 for the year ended September 30, 2023: 20 people
NameTitleHours / weekCompensation
KEITH ALSUPBOARD MEMBER
Trustee or director
–$0
MICHAEL DAVISBOARD MEMBER
Trustee or director
–$0
MARIE GIBSONEXECUTIVE CO
Trustee or director
–$0
CHUCK HEUSTESSBOARD MEMBER
Trustee or director
–$0
BUTCH HOOKSBOARD MEMBER
Trustee or director
–$0
WAYNE HORNEVICE PRESIDE
Trustee or director, Officer
–$0
WES JOHNSONBOARD MEMBER
Trustee or director
–$0
CHANNING JONESBOARD MEMBER
Trustee or director
–$0
JOHN O JORDANBOARD MEMBER
Trustee or director
–$0
GARY LANIERBOARD MEMBER
Trustee or director
–$0
KEN LEEBOARD MEMBER
Trustee or director
–$0
LEON MARTINPRESIDENT
Trustee or director, Officer
–$0
W LEWIS SAULSEXECUTIVE CO
Trustee or director
–$0
MACK S SKIPPERSEC/TREASURE
Trustee or director, Officer
–$0
DENNIS TROYBOARD MEMBER
Trustee or director
–$0
RICHARD WALLACEBOARD MEMBER
Trustee or director
–$0
GLENN WALTERSEXECUTIVE CO
Trustee or director
–$0
GERALD WRIGHTEXECUTIVE CO
Trustee or director
–$0
WILL WRIGHTBOARD MEMBER
Trustee or director
–$0
GREG TAYLOREXECUTIVE DI
Officer
–$0

Address and contacts

Address (IRS master file)
902 N PINE ST, LUMBERTON, NC 28358-4826
Principal officer (990 for 2024)
GREG TAYLOR, 902 N PINE STREET, LUMBERTON, NC 28358
Signed the 990
GREG TAYLOR, EXECUTIVE DIRECTOR
Phone
(910) 738-4851
Return prepared by
S PRESTON DOUGLAS & ASSOCIATES LLP

Mission

LOAN PROCESSING FOR SMALL BUSINESSES AND LOANS TO SMALL BUSINESSES WHICH CANNOT OBTAIN LOANS FROM FINANCIAL INSTITUTIONS.

990 for the year ended September 30, 2025

Program accomplishments

  • PLEASE SEE PART 1, LINE 1, PAGE 1, FORM 990
  • SEE ORGANIZATION'S MISSION STATEMENT, ABOVE.
    Expenses $2,686

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
56-0906497
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1969
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,361,201
Income (IRS master file)
$329,131

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$329,131$234,457$4,361,201XML
990September 2024$321,653$224,978$4,531,312XML
990September 2023$187,249$224,513$4,466,858XML
990September 2022$229,565$217,451$4,080,713IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 56-0906497).

Questions about ADVANCEMENT REGIONAL BUSINESS LENDERS INC

What is the EIN of ADVANCEMENT REGIONAL BUSINESS LENDERS INC?
The employer identification number (EIN) of ADVANCEMENT REGIONAL BUSINESS LENDERS INC is 56-0906497.
Is ADVANCEMENT REGIONAL BUSINESS LENDERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1969.
Are donations to ADVANCEMENT REGIONAL BUSINESS LENDERS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ADVANCEMENT REGIONAL BUSINESS LENDERS 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 ADVANCEMENT REGIONAL BUSINESS LENDERS INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ADVANCEMENT REGIONAL BUSINESS LENDERS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of ADVANCEMENT REGIONAL BUSINESS LENDERS INC?
The 990 for the year ended September 30, 2025 names GREG TAYLOR.
Who are the officers and directors of ADVANCEMENT REGIONAL BUSINESS LENDERS INC?
The 990 for the year ended September 30, 2025 lists 19 people; 0 received compensation from the organization.
How much revenue does ADVANCEMENT REGIONAL BUSINESS LENDERS INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $329,131, expenses of $234,457 and total assets of $4,361,201 at year end.

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