NORTH CAROLINA PETROLEUM & CONVENIENCE MARKETERS INC Charity Report

Public IRS 990 nonprofit record

NORTH CAROLINA PETROLEUM & CONVENIENCE MARKETERS INC

EIN 56-0340977 · Professional Athletic Leagues (N80)

What they do

THE ASSOCIATION EXISTS for THE SOLE PURPOSE of PROMOTING THE WELFARE and PROTECTING THE INTEREST of THOSE ENGAGED IN MARKETING and DISTRIBUTION of PETROLEUM PRODUCTS IN NORTH CAROLINA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

73.37%of revenue went to mission work81.6% of expenses · Program services

$84.04spent for every $100 of revenueRevenue covered expenses this year.

16.60%of revenue went to management and office costs18.4% of expenses

$2.02in assets for every $1 spent this yearSome assets cannot be spent right away.

0.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $198,637 for GARY HARRIS (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,446,667

Mission workProgram services$1,795,04973.37% of revenue81.6% of expenses

ManagementOffice and general costs$406,06816.60% of revenue18.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$245,55010.04% of revenueShown in gray on the chart

Total expenses$2,201,11789.96% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 81.6% mission · 18.4% management · 0.0% fundraisingTotal expenses: 89.96% of revenue

2023Expense mix: 81.3% mission · 18.7% management · 0.0% fundraisingTotal expenses: 96.03% of revenue

2022Expense mix: 80.6% mission · 19.4% management · 0.0% fundraisingTotal expenses: 102.69% of revenue

2021Expense mix: 0.0% mission · 1.6% management · 0.0% fundraisingTotal expenses: 104.06% of revenue

2019Expense mix: 0.0% mission · 1.1% management · 0.0% fundraisingTotal expenses: 89.02% of revenue

Money in and money out

Revenue$2,619,181

Expenses$2,201,117

Annual surplus $418,064 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,795,049 · 81.6% of expenses

Management and office costs$406,068 · 18.4% of expenses

See all reported dollar amounts

Revenue$2,619,181

Expenses$2,201,117

Assets$4,450,186

Income$2,872,506

Contributions$7,600

Mission work (program services)$1,795,049

Grants given$36,000

Average grant$18,000

Management and general$406,068

Stocks and bonds$1,826,978

Accounting fees$15,500

Investing fees$10,757

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

GARY HARRISEXECUTIVE DIRECTOR · 40 hrs/week $198,637Base $179,400 · Other $19,237

TIMOTHY LAUGHLINTECHNICAL DIRECTOR/ENGINEE · 40 hrs/week $141,606Base $123,850 · Other $17,756

SHARON VINSONTRADE SHOW DIRECTOR · 40 hrs/week $131,021Base $110,501 · Other $20,520

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

GARY HARRISEXECUTIVE DIRECTOR

TIMOTHY LAUGHLINTECHNICAL DIRECTOR/ENGINEE

SHARON VINSONTRADE SHOW DIRECTOR

JOSH DAILEYBOARD MEMBER

ZACH BUMGARNERBOARD MEMBER

WILL BERRYBOARD MEMBER

TERRY KENNEDYBOARD MEMBER

SCOTT SHEALEYBOARD MEMBER

SAM METZLERTREASURER

RANDY DAVISBOARD MEMBER

NICK ROBERTSBOARD MEMBER

MILES HARRELLBOARD MEMBER

LARS SIMONSENATTORNEY

KEVIN GARRISONBOARD MEMBER

ANGELA CLINARDBOARD MEMBER

JOHNNY ROBERTSONBOARD MEMBER

JOHN GARVERBOARD MEMBER

JOHN CLARKEMA DIRECTOR

JASON CHERRYVICE PRESIDENT

HOWELL CLARKBOARD MEMBER

ED TURLINGTONLEGISLATIVE

DAVIS CLARKBOARD MEMBER

CHRIS OLIVERBOARD MEMBER

BUBBA HOPKINSBOARD MEMBER

BEAU WADDELLPRESIDENT

AUDREY SHEARINIMMEDIATE PAST PRESIDENT

About this charity

Recognized since: January 1943
Location: 7300 GLENWOOD AVE, RALEIGH, NC 27612-7150
County: Wake
In care of: % GARY HARRIS
Primary officer: GARY HARRIS, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(919) 782-4411

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: STANCIL PC
NTEE classification: Professional Athletic Leagues (N80)
IRS tax category: Professional Athletic Leagues
Grant-giving organization: Yes