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Nonprofit · EIN 56-1055936

LENOIR COMMUNITY COLLEGE FOUNDATION INC

Tax-exempt · KINSTON, NC 28504

Financials

$2.1M$2M2022$1.5M$950K2023$1.4M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of LENOIR COMMUNITY COLLEGE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,419,489$1,068,316$351,173$15,223,646$0$15,223,646
June 30, 2024990$1,488,735$949,866$538,869$13,951,695$2,854$13,948,841
June 30, 2023990$2,078,687$2,036,489$42,198$12,429,552$14,033$12,415,519
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$681,993
Program service revenue
$135,800
Investment income
$680,390
Net gain from sales of assets
$363,391
Net income from fundraising events
-$78,694
Other revenue
-$78,694

Expenses

Grants and similar amounts paid
$749,973
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$2,412
Accounting fees
$9,400
Occupancy
$6,144
Travel
$2,160
Depreciation
$6,327
Program services (functional)
$944,675
Management and general (functional)
$75,308
Fundraising (functional)
$48,333

Balance sheet and other

Total assets, start of year
$13,951,695
Total assets, end of year
$15,223,646
Total liabilities, end of year
$0
Net assets, end of year
$15,223,646
Land, buildings and equipment
$1,175,003
Publicly traded securities
$12,920,736
Net assets without donor restrictions
$6,270,897
Net assets with donor restrictions
$8,952,749
Gross receipts
$5,014,587
Employees
0
Volunteers
175
Year formed
1972
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 / weekCompensationFrom related orgs
DR RUSTY HUNTLCC PRESIDENT
Key employee
5$0$233,721
MRS DEBORAH SUTTONTREASURER
Trustee or director, Officer
5$0$166,141
MRS JEANNE KENNEDYSECRETARY AND EXECUTIVE DIRECTOR
Trustee or director, Officer
25$0$0
MR CALE GRADYCHAIRMAN
Trustee or director, Officer
1$0$0
MR COREY FADERVICE CHAIRMAN
Trustee or director, Officer
1$0$0
MR JAY CHERRYDIRECTOR
Trustee or director
1$0$0
MR DEXTER FLOYDDIRECTOR
Trustee or director
1$0$0
MR SKIP GREENEDIRECTOR
Trustee or director
1$0$0
REP CHRIS HUMPHREYDIRECTOR
Trustee or director
1$0$0
MR JOHN MARSTONDIRECTOR
Trustee or director
1$0$0
MR ROD SMITHDIRECTOR
Trustee or director
1$0$0
MR PAUL SUGGDIRECTOR
Trustee or director
1$0$0
MR CHARLES TAYLORDIRECTOR
Trustee or director
1$0$0
DR LYNWOOD TURNERDIRECTOR
Trustee or director
1$0$0
MR JOHN MCPHAULDIRECTOR
Trustee or director
1$0$0
10 more people on this return
NameTitleHours / weekCompensation
DR SHIRLEY DOVEDIRECTOR
Trustee or director
1$0
MR KEN TETTERTONDIRECTOR
Trustee or director
1$0
DR ROBERT HOSEADIRECTOR
Trustee or director
1$0
MR EDWARD CHISOLMDIRECTOR
Trustee or director
1$0
MR ERNIE EVERETTDIRECTOR
Trustee or director
1$0
DR CRYSTAL HAYDENDIRECTOR
Trustee or director
1$0
DR PAT MACNEILLDIRECTOR
Trustee or director
1$0
MR KEITH KINGDIRECTOR
Trustee or director
1$0
MR DAVID EDWARDDIRECTOR
Trustee or director
1$0
MR RANDY SMITHDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MR RUSTY HUNTDIRECTOR
Key employee
–$0$225,562$15,509
MRS DEBORAH SUTTONTREASURER
Key employee
5$0$162,424$8,029
MR JAY CHERRYDIRECTOR
Trustee or director
0$0$0$0
MR EDWARD CHISOLMDIRECTOR
Trustee or director
0$0$0$0
DR SHIRLEY DOVEDIRECTOR
Trustee or director
0$0$0$0
MR DAVID EDWARDSCHAIRMAN DEV
Trustee or director
0$0$0$0
MR COREY FADERDIRECTOR
Trustee or director
0$0$0$0
MR DEXTER FLOYDDIRECTOR
Trustee or director
0$0$0$0
MR CALE GRADYCHAIRMAN
Trustee or director, Officer
0$0$0$0
MR OSCAR GREENEDIRECTOR
Trustee or director
0$0$0$0
DR ROBERT HOSEADIRECTOR
Trustee or director
0$0$0$0
MR CHRIS HUMPHREYVICE CHAIR F
Trustee or director
0$0$0$0
DR LYNWOOD TURNER IIIDIRECTOR
Trustee or director
0$0$0$0
MR JOHN MARSTONCHAIRMAN, FI
Trustee or director, Officer
0$0$0$0
MR JOHN MCPHAULDIRECTOR
Trustee or director
0$0$0$0
MR BUDDY RITCHDIRECTOR
Trustee or director
0$0$0$0
MR ROD SMITHDIRECTOR
Trustee or director
0$0$0$0
MR CHARLES TAYLORCHAIRMAN, GO
Trustee or director, Officer
0$0$0$0
MR KEN TETTERTONDIRECTOR
Trustee or director
0$0$0$0
MR RANDY SMITHDIRECTOR
Institutional trustee
0$0$0$0
990 for the year ended June 30, 2023: 25 people
NameTitleHours / weekCompensation
MR JAY CHERRYDIRECTOR
Trustee or director
0$0
DR SHIRLEY DOVEDIRECTOR
Trustee or director
0$0
MR DAVID EDWARDSVICE-CHAIRMA
Trustee or director, Officer
0$0
MR COREY FADERDIRECTOR
Trustee or director
0$0
MR DEXTER FLOYDDIRECTOR
Trustee or director
0$0
MR CALE GRADYDIRECTOR
Trustee or director
0$0
DR JACK HARRELLDIRECTOR
Trustee or director
0$0
DR ROBERT HOSEADIRECTOR
Trustee or director
0$0
MR CHRIS HUMPHREYDIRECTOR
Trustee or director
0$0
DR RUSTY HUNTEX-OFFICIO
Trustee or director
10$0
DR LYNWOOD TURNER IIIDIRECTOR
Trustee or director
0$0
MR OSCAR GREENE IIIDIRECTOR
Trustee or director
0$0
MRS JEANNE KENNEDYSECRETARY
Trustee or director, Officer
25$0
MR JOHN MARSTONCHAIRMAN, FI
Trustee or director, Officer
0$0
MR JOHN MCPHAULDIRECTOR
Trustee or director
0$0
MR ED MILLSDIRECTOR
Trustee or director
0$0
MR JACQUES PASSAILAIGUEDIRECTOR
Trustee or director
0$0
MR BUDDY RITCHDIRECTOR
Trustee or director
0$0
MR THOMAS SALTERDIRECTOR
Trustee or director
0$0
MR RANDY SMITHDIRECTOR
Trustee or director
0$0
MR PAUL SUGGDIRECTOR
Trustee or director
0$0
MRS DEBORAH SUTTONTREASURER
Trustee or director, Officer
5$0
MR CHARLES TAYLORCHAIRMAN, GO
Trustee or director, Officer
0$0
MR BOBBY TAYLORCHAIRMAN
Trustee or director, Officer
0$0
MR KEN TETTERTONDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
231 HWY 58 S, KINSTON, NC 28504-6836
Principal officer (990 for 2024)
JEANNE KENNEDY, 231 HIGHWAY 58 SOUTH, KINSTON, NC 28504
Signed the 990
JEANNE KENNEDY, EXECUTIVE DIRECTOR
Phone
(252) 527-6223
Return prepared by
SHARPE PATEL CPA

Mission

SUPPORTS LENOIR COMMUNITY COLLEGE BY PROVIDING STUDENT SCHOLARSHIPS, STAFF DEVELOPMENT OPPORTUNITIES, AND OTHER STUDENT SUPPORT SERVICES.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDES SUPPORT TO LENOIR COMMUNITY COLLEGE THROUGH SCHOLARSHIPS, STAFF DEVELOPMENT, AND STUDENT-FOCUSED SERVICES.
    Expenses $944,675 · grants $749,973 · revenue $135,800

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
56-1055936
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1974
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B41I)
Assets (IRS master file)
$15,223,646
Income (IRS master file)
$5,014,587

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,419,489$1,068,316$15,223,646XML
990June 2024$1,488,735$949,866$13,951,695XML
990June 2023$2,078,687$2,036,489$12,429,552XML
990June 2022$1,221,463$628,545$11,632,135IRS
990June 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 56-1055936).

Questions about LENOIR COMMUNITY COLLEGE FOUNDATION INC

What is the EIN of LENOIR COMMUNITY COLLEGE FOUNDATION INC?
The employer identification number (EIN) of LENOIR COMMUNITY COLLEGE FOUNDATION INC is 56-1055936.
Is LENOIR COMMUNITY COLLEGE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to LENOIR COMMUNITY COLLEGE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does LENOIR COMMUNITY COLLEGE FOUNDATION 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 LENOIR COMMUNITY COLLEGE FOUNDATION 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 LENOIR COMMUNITY COLLEGE FOUNDATION 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 LENOIR COMMUNITY COLLEGE FOUNDATION INC?
The 990 for the year ended June 30, 2025 names JEANNE KENNEDY.
Who are the officers and directors of LENOIR COMMUNITY COLLEGE FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 25 people; 0 received compensation from the organization.
How much revenue does LENOIR COMMUNITY COLLEGE FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,419,489, expenses of $1,068,316 and total assets of $15,223,646 at year end.

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