Nonprofit · EIN 56-1029240
NORTH CAROLINA AGRIBUSINESS COUNCIL INC
Tax-exempt · CARY, NC 27518
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $69,691 | $39,614 | $30,077 | $173,315 | $110,968 | $62,347 |
| October 31, 2024 | 990 | $168,319 | $57,088 | $111,231 | $176,294 | $134,023 | $42,271 |
| October 31, 2023 | 990 | $342,256 | $282,623 | $59,633 | $202,061 | $239,026 | -$36,965 |
| October 31, 2021 | 990 | $215,251 | $168,060 | $47,191 | $127,156 | $137,448 | -$10,292 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $50,800
- Membership dues
- $50,800
- Program service revenue
- $18,891
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,590
- Occupancy
- $1,237
Balance sheet and other
- Total assets, start of year
- $176,294
- Total assets, end of year
- $173,315
- Total liabilities, end of year
- $110,968
- Net assets, end of year
- $62,347
- Net assets without donor restrictions
- $62,347
- Gross receipts
- $69,691
- Employees
- 0
- Volunteers
- 0
- 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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN ASHE | TREASURER Trustee or director, Officer | 1 | $0 |
| BETH FERRELL | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT DOTSON | DIRECTOR Trustee or director | 1 | $0 |
| MARK BRADLEY | DIRECTOR Trustee or director | 1 | $0 |
| REGGIE STRICKLAND | DIRECTOR Trustee or director | 1 | $0 |
| JULIE GROCE | DIRECTOR Trustee or director | 1 | $0 |
| MEGAN JACOB | DIRECTOR Trustee or director | 1 | $0 |
| TODD BARLOW | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW JACKSON | DIRECTOR Trustee or director | 1 | $0 |
| PENDER SHARP | DIRECTOR Trustee or director | 1 | $0 |
| SHANE WHITAKER | DIRECTOR Trustee or director | 1 | $0 |
| EDWARD OLIVE | SECRETARY Trustee or director, Officer | 1 | $0 |
| RANDALL PATTERSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| JEFFREY LEE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| LEON TROUTMAN | DIRECTOR Trustee or director | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHAD PURYEAR | DIRECTOR Trustee or director | 1 | $0 |
| KRISITE ALDRIDGE | MEMBER Trustee or director | 1 | $0 |
990 for the year ended October 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN ASHE | TREASURER Trustee or director, Officer | 1 | $0 |
| BETH FERRELL | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT DOTSON | DIRECTOR Trustee or director | 1 | $0 |
| MARK BRADLEY | DIRECTOR Trustee or director | 1 | $0 |
| REGGIE STRICKLAND | DIRECTOR Trustee or director | 1 | $0 |
| JULIE GROCE | DIRECTOR Trustee or director | 1 | $0 |
| MEGAN JACOB | DIRECTOR Trustee or director | 1 | $0 |
| TODD BARLOW | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW JACKSON | DIRECTOR Trustee or director | 1 | $0 |
| PENDER SHARP | DIRECTOR Trustee or director | 1 | $0 |
| SHANE WHITAKER | DIRECTOR Trustee or director | 1 | $0 |
| EDWARD OLIVE | SECRETARY Trustee or director, Officer | 1 | $0 |
| RANDALL PATTERSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| JEFFREY LEE | PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended October 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN ASHE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| KEVIN MULLIGAN | PAST-PRESIDENT Trustee or director, Officer | 1 | $0 |
| CLAIRE HOLLEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| RAY BEST | TREASURER Trustee or director, Officer | 1 | $0 |
| LEON TROUTMAN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARK BRADLEY | DIRECTOR Trustee or director | 1 | $0 |
| WARD ANDERSON | DIRECTOR Trustee or director | 1 | $0 |
| BONNIE HOLLOMAN | DIRECTOR Trustee or director | 1 | $0 |
| FRANK GEOVANELLO | DIRECTOR Trustee or director | 1 | $0 |
| DAVID CORUM | DIRECTOR Trustee or director | 1 | $0 |
| JULIE GROCE | DIRECTOR Trustee or director | 1 | $0 |
| ALICE JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| BUCKY KENNEDY | DIRECTOR Trustee or director | 1 | $0 |
| NELLE HOTCHKISS | DIRECTOR Trustee or director | 1 | $0 |
| DENNIS KELLY | DIRECTOR Trustee or director | 1 | $0 |
| SANDRA MADDOX | DIRECTOR Trustee or director | 1 | $0 |
| KELLY MCIVER | DIRECTOR Trustee or director | 1 | $0 |
| PENDER SHARP | DIRECTOR Trustee or director | 1 | $0 |
| SHANE WHITAKER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended October 31, 2021: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN ASHE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| KEVIN MULLIGAN | PAST-PRESIDENT Trustee or director, Officer | 1 | $0 |
| CLAIRE HOLLEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| RAY BEST | TREASURER Trustee or director, Officer | 1 | $0 |
| LEON TROUTMAN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARK BRADLEY | DIRECTOR Trustee or director | 1 | $0 |
| WARD ANDERSON | DIRECTOR Trustee or director | 1 | $0 |
| BONNIE HOLLOMAN | DIRECTOR Trustee or director | 1 | $0 |
| FRANK GEOVANELLO | DIRECTOR Trustee or director | 1 | $0 |
| DAVID CORUM | DIRECTOR Trustee or director | 1 | $0 |
| JULIE GROCE | DIRECTOR Trustee or director | 1 | $0 |
| ALICE JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| BUCKY KENNEDY | DIRECTOR Trustee or director | 1 | $0 |
| NELLE HOTCHKISS | DIRECTOR Trustee or director | 1 | $0 |
| DENNIS KELLY | DIRECTOR Trustee or director | 1 | $0 |
| SANDRA MADDOX | DIRECTOR Trustee or director | 1 | $0 |
| KELLY MCIVER | DIRECTOR Trustee or director | 1 | $0 |
| PENDER SHARP | DIRECTOR Trustee or director | 1 | $0 |
| SHANE WHITAKER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2500 REGENCY PKWY, CARY, NC 27518-8549
- Principal officer (990 for 2024)
- EDWARD OLIVE, 2500 REGENCY PARKWAY, CARY, NC 27518
- Signed the 990
- EDWARD OLIVE, SECRETARY
- Phone
- (919) 742-4063
- Website
- WWW.NCAGRIBUSINESS.COM
- Return prepared by
- WARD & PRICE CPAS PA
Mission
TO PROMOTE AND REPRESENT AGRIBUSINESS IN NORTH CAROLINA.
Program accomplishments
- PROMOTION OF THE AGRIBUSINESS INDUSTRY BY SPONSORING WORKSHPS, FORUMS AND CONFERENCES
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
IRS record
- EIN
- 56-1029240
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1973
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $173,315
- Income (IRS master file)
- $69,691
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $69,691 | $39,614 | $173,315 | XML |
| 990 | October 2024 | $168,319 | $57,088 | $176,294 | XML |
| 990 | October 2023 | $342,256 | $282,623 | $202,061 | XML |
| 990 | October 2022 | $253,688 | $258,521 | $92,160 | IRS |
| 990 | October 2021 | $215,251 | $168,060 | $127,156 | XML |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 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 56-1029240).
Questions about NORTH CAROLINA AGRIBUSINESS COUNCIL INC
- What is the EIN of NORTH CAROLINA AGRIBUSINESS COUNCIL INC?
- The employer identification number (EIN) of NORTH CAROLINA AGRIBUSINESS COUNCIL INC is 56-1029240.
- Is NORTH CAROLINA AGRIBUSINESS COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1973.
- Are donations to NORTH CAROLINA AGRIBUSINESS COUNCIL INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH CAROLINA AGRIBUSINESS COUNCIL 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 NORTH CAROLINA AGRIBUSINESS COUNCIL INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTH CAROLINA AGRIBUSINESS COUNCIL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of NORTH CAROLINA AGRIBUSINESS COUNCIL INC?
- The 990 for the year ended October 31, 2025 names EDWARD OLIVE.
- Who are the officers and directors of NORTH CAROLINA AGRIBUSINESS COUNCIL INC?
- The 990 for the year ended October 31, 2025 lists 17 people; 0 received compensation from the organization.
- How much revenue does NORTH CAROLINA AGRIBUSINESS COUNCIL INC have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $69,691, expenses of $39,614 and total assets of $173,315 at year end.
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