Nonprofit · EIN 56-1666351
WAKE COUNTY NEW VEHICLE DEALERS ASSOCIATION INC
Tax-exempt · RALEIGH, NC 27607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | -$35,349 | $107,637 | -$142,986 | $449,235 | $197 | $449,038 |
| December 31, 2023 | 990 | -$19,587 | $175,166 | -$194,753 | $592,375 | $352 | $592,023 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,050
- Membership dues
- $4,050
- Program service revenue
- $0
- Investment income
- $95
- Net income from fundraising events
- -$39,494
- Other revenue
- -$39,494
Expenses
- Grants and similar amounts paid
- $30,000
- Compensation of officers, directors and key employees
- $65,000
- Salaries, compensation and benefits (total)
- $70,057
- Professional fundraising fees
- $0
- Legal fees
- $88
- Accounting fees
- $3,483
Balance sheet and other
- Total assets, start of year
- $592,375
- Total assets, end of year
- $449,235
- Total liabilities, end of year
- $197
- Net assets, end of year
- $449,038
- Net assets without donor restrictions
- $449,038
- Gross receipts
- $289,345
- Employees
- 1
- Volunteers
- 0
- Year formed
- 1990
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steffany Stanic | Executive Director Trustee or director | 20 | $65,000 |
| Casey Best | Vice President Trustee or director, Officer | 1 | $0 |
| Mark Thompson Jr | Treasurer Trustee or director, Officer | 1 | $0 |
| Matt Birckhead | President Trustee or director, Officer | 1 | $0 |
| Danny Williams | Director Trustee or director | 0 | $0 |
| Erick Kirks | Director Trustee or director | 0 | $0 |
| Jason Wilkinson | Director Trustee or director | 0 | $0 |
| Paul White | Director Trustee or director | 0 | $0 |
| Shawn Mercer | Director Trustee or director | 0 | $0 |
| Tim Michael | Director Trustee or director | 0 | $0 |
| Tommy Laakso | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steffany Stanic | Executive Director Trustee or director | 20 | $43,333 |
| John McGraw | Executive Director Trustee or director | 20 | $23,344 |
| Casey Best | Vice President Trustee or director, Officer | 1 | $0 |
| Mark Thompson Jr | Treasurer Trustee or director, Officer | 1 | $0 |
| Matt Birckhead | President Trustee or director, Officer | 1 | $0 |
| Danny Williams | Director Trustee or director | 0 | $0 |
| Erick Kirks | Director Trustee or director | 0 | $0 |
| Jason Wilkinson | Director Trustee or director | 0 | $0 |
| Paul White | Director Trustee or director | 0 | $0 |
| Shawn Mercer | Director Trustee or director | 0 | $0 |
| Tim Michael | Director Trustee or director | 0 | $0 |
| Tommy Laakso | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2501 BLUE RIDGE RD STE 500, RALEIGH, NC 27607-6348
- In care of
- % FORVIS MAZARS
- Principal officer (990 for 2024)
- Matt Birckhead, 2501 Blue Ridge Road 500, Raleigh, NC 27607
- Signed the 990
- Matt Birckhead, President
- Phone
- (919) 876-4546
- Return prepared by
- Forvis Mazars LLP
Mission
Public education
Program accomplishments
- Public education concerning automobile & truck industry. Proceeds from special events are used to support local charities and school programs. Number of persons benefited are not known. Geographic area affected is Wake County, NC.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1666351
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $449,235
- Income (IRS master file)
- $289,345
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | -$35,349 | $107,637 | $449,235 | IRS |
| 990 | December 2023 | -$19,587 | $175,166 | $592,375 | XML |
| 990 | December 2022 | $104,706 | $65,406 | $789,600 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 56-1666351).
Questions about WAKE COUNTY NEW VEHICLE DEALERS ASSOCIATION INC
- What is the EIN of WAKE COUNTY NEW VEHICLE DEALERS ASSOCIATION INC?
- The employer identification number (EIN) of WAKE COUNTY NEW VEHICLE DEALERS ASSOCIATION INC is 56-1666351.
- Is WAKE COUNTY NEW VEHICLE DEALERS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1992.
- Are donations to WAKE COUNTY NEW VEHICLE DEALERS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WAKE COUNTY NEW VEHICLE DEALERS ASSOCIATION 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 WAKE COUNTY NEW VEHICLE DEALERS ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WAKE COUNTY NEW VEHICLE DEALERS ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WAKE COUNTY NEW VEHICLE DEALERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names Matt Birckhead.
- Who are the officers and directors of WAKE COUNTY NEW VEHICLE DEALERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $65,000 (Steffany Stanic, Executive Director).
- How much revenue does WAKE COUNTY NEW VEHICLE DEALERS ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of -$35,349, expenses of $107,637 and total assets of $449,235 at year end.
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