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Nonprofit · EIN 56-1478293

NORTH CAROLINA MUNICIPAL LEASING CORPORATION

Tax-exempt · WINSTON SALEM, NC 27101

Financials

$407K2023
Revenue Expenses · by fiscal year end
Financials of NORTH CAROLINA MUNICIPAL LEASING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ–––$0$0$0
June 30, 2024990-EZ–$407,000–$0$0$0
June 30, 2023990-EZ (amended)–––$407,000$0$407,000
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Expenses

Compensation of officers, directors and key employees
$0

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets, end of year
$0
Gross receipts
$0

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
KELLY LATHAMPRESIDENT/DIRECTOR1$0
NORA COWENVICE PRESIDENT1$0
RORY DAVISSECRETARY/ TREASURER1$0
AMANDA HAMBYASSISTANT SECRETARY1$0
990-EZ for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
KELLY LATHAMPRESIDENT/DIRECTOR1$0
WILLIAM B ROWEVICE PRESIDENT/DIRECTOR1$0
MICHAEL PHELPSSECRETARY/TREASURER/DIRECTOR1$0
DEWEY WILLIARDDIRECTOR (THRU 10/2023)1$0
DORIS GODETTEDIRECTOR (FROM 11/2023)1$0
990-EZ for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
KELLY LATHAMPRESIDENT/DIRECTOR1$0
WILLIAM B ROWEVICE PRESIDENT/DIRECTOR1$0
CINDY NOVAKSECRETARY/TREASURER/DIRECTOR1$0
MICHAEL PHELPSSECRETARY/TREASURER/DIRECTOR1$0
DEWEY WILLIARDDIRECTOR1$0

Address and contacts

Address (IRS master file)
101 N MAIN ST, WINSTON SALEM, NC 27101-4033
Mailing address (990-N for 2022)
101 N MAIN ST, WINSTONSALEM NC 27101
Principal officer (990-N for 2022)
KELLY LATHAM, 101 N MAIN ST, WINSTONSALEM NC 27101
Signed the 990-EZ
KELLY LATHAM, PRESIDENT/DIRECTOR
Phone
(336) 747-6913
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

THE CORPORATION ISSUES PASS-THROUGH CERTIFICATES (LIMITED OBLIGATION BONDS) THAT ENTITLE THE HOLDERS THEREOF TO RECEIVE TAX-EXEMPT INTEREST PAID BY THE CITY ON A TAX-EXEMPT OBLIGATION, SUCH AS AN INSTALLMENT FINANCING CONTRACT.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • DURING THE FISCAL YEAR ENDING 6/30/2023, THE CORPORATION DISCOVERED LAND THAT WAS MISTAKENLY PUT IN THE NAME OF THE CORPORATION RATHER THAN THE CITY OF WINSTON-SALEM, THE ORGANIZATION THAT THE CORPORATION SUPPORTS. DURING THE CURRENT FISCAL YEAR, THE CORPORATION MADE ARRANGEMENTS TO GRANT THE LAND TO THE CITY OF WINSTON-SALEM.
  • THE CORPORATION ISSUES PASS-THROUGH CERTIFICATES (LIMITED OBLIGATION BONDS) THAT ENTITLE THE HOLDERS THEREOF TO RECEIVE TAX-EXEMPT INTEREST PAID BY THE CITY ON A TAX-EXEMPT OBLIGATION, SUCH AS AN INSTALLMENT FINANCING CONTRACT.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
56-1478293
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
1986
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$1

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025––$0XML
990-EZJune 2024$0$407,000$0XML
990-N for 2022
Officer: KELLY LATHAM
June 30, 2023≤ $50,000 receipts––e-Postcard
990-EZJune 2023––$407,000XML
990-EZJune 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 56-1478293).

Questions about NORTH CAROLINA MUNICIPAL LEASING CORPORATION

What is the EIN of NORTH CAROLINA MUNICIPAL LEASING CORPORATION?
The employer identification number (EIN) of NORTH CAROLINA MUNICIPAL LEASING CORPORATION is 56-1478293.
Is NORTH CAROLINA MUNICIPAL LEASING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to NORTH CAROLINA MUNICIPAL LEASING CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTH CAROLINA MUNICIPAL LEASING CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NORTH CAROLINA MUNICIPAL LEASING CORPORATION 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 MUNICIPAL LEASING CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who is the principal officer of NORTH CAROLINA MUNICIPAL LEASING CORPORATION?
The 990-N for 2022 names KELLY LATHAM.
Who are the officers and directors of NORTH CAROLINA MUNICIPAL LEASING CORPORATION?
The 990-EZ for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.

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