NonprofitsNorth Carolina Employee Ownership Center

Employment

North Carolina Employee Ownership Center

DURHAM, NC

Total revenue

$165K

Total expenses

$216K

Net assets

$165K

Grants received

$536K

14 grants

EIN

841779855

Tax year

2024

Mission

Protect jobs, increase community wealth, & create a more inclusive economy through employee ownership.

Financials

FY 2024

Revenue

Contributions & grants$165K
Program service revenue
Investment income$87
Other revenue
Total revenue$165K

Expenses

Grants paid
Salaries & benefits$33K
Fundraising$61K
Other expenses$165K
Total expenses$216K
Total assets$173K
Net assets$165K

People

13 listed

NameRoleCompensation

LAUREN TUDOR PART YEAR

EXECUTIVE DIRECTOR

Board

$20K

40 hrs/wk

ANNE-CLAIRE BROUGHTON

BOARD MEMBER/INTERIM EXECUTIVE DIRECTOR

Board

1 hrs/wk

LA-TASHA BEST-GADDY

TREASURER

Board

1 hrs/wk

PATRICK MCHUGH

SECRETARY

Board

1 hrs/wk

STEVE STORKAN

DIRECTOR

Board

1 hrs/wk

ZARIN KRESGE

DIRECTOR

Board

1 hrs/wk

ANDREW FOSTER

DIRECTOR

Board

1 hrs/wk

AARON DAWSON

DIRECTOR

Board

1 hrs/wk

TEIA EVANS

DIRECTOR

Board

1 hrs/wk

PAMELA COLLEY

DIRECTOR

Board

1 hrs/wk

COLIN KISER

DIRECTOR

Board

1 hrs/wk

MERALD HOLLOWAY

CHAIR

Board

1 hrs/wk

CHRISTY ALMOND PART YEAR

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 14 of 14

FromAmountPurposeYear
$50K
1 grant(s) for varying purposes
2024
$30K
FOR GENERAL OPERATING SUPPORT
2024
$15K
GENERAL SUPPORT. BY TOM FEHSENFELD, 208 CUMBERLAND AVE, ASHEVILLE, NC 28801
2024
$100K
CLOSING THE RACIAL WEALTH GAP IN MINNESOTA AND NORTH CAROLINA THROUGH EMPLOYEE OWNERSHIP
2023
$55K
COMMUNITY RESILIENCE AND WEALTH BUILDING THROUGH EMPLOYEE OWNERSHIP IN BUNCOMBE COUNTY AND FOUR SURROUNDING COUNTIES.
2023
$15K
GENERAL SUPPORT
2023
$15K
ANNUAL SUPPORT
2023
$5K
GREATER ASHEVILLE AREA EMPLOYEE OWNERSHIP OUTREACH PROGRAM
2023
$150K
2 GRANT(S) FOR VARYING PURPOSES
2022
$15K
ANNUAL SUPPORT
2022
$5K
GREATER ASHEVILLE AREA EMPLOYEE OWNERSHIP OUTREACH PROGRAM
2022
$37K
INITIAL GRANT FOR STARTUP COSTS.
2021
$10K
ANNUAL SUPPORT
2021
$34K
INITIAL GRANT FOR STARTUP COSTS.
2020

Funded by

$536K from 9 funders · 14 grants · 2020–2024

The Winston-Salem Foundation

$200K · 2 grants · 2022–2024

The Allstate Foundation

$100K · 1 grant · 2023

Employee Ownership Expansion Network

$71K · 2 grants · 2020–2021

Dogwood Health Trust

$55K · 1 grant · 2023

Frank B And Virginia V Fehsenfeld

$40K · 3 grants · 2021–2023

Z Smith Reynolds Foundation Inc

$30K · 1 grant · 2024

Carolinas Credit Union Foundation

$15K · 1 grant · 2023

Grand Rapids Community Foundation

$15K · 1 grant · 2024

Details

EIN841779855
NTEE codeJ21
Subsection03
Ruling date2020-01
Formed2019
Employees2
Volunteers22
NORTH CAROLINA EMPLOYEE OWNERSHIP CENTER — Mission, Financials & Grants Received | Grantivo