WCI INC

EIN: 560680992

ASHEVILLE, NC

Total Revenue
$1,285,342
Total Expenses
$1,292,739
Total Assets
$1,029,386
Net Assets
$487,523
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
NC
Principal Officer
FREDRICK REESE
Phone
8286673311
Tax Period
2025-01-01 to 2025-12-31

WCI INC, founded in 1959, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2025. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO HELP EMPLOYERS DEVELOP POSITIVE EMPLOYEE/EMPLOYER RELATIONSHIPS.

Program Service Accomplishments

Program 1
Expenses: $951,486 Revenue: $674,788

WCI, INC. PROVIDES ITS MEMBERS WITH EMPLOYER ADVICE AND COUNSEL, REFERENCE SURVEYS AND PUBLICATIONS, NETWORKING OPPORTUNITIES, CONSULTING AND TRAINING IN THE AREAS OF HUMAN RESOURCES, HEALTH AND...

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WCI, INC. PROVIDES ITS MEMBERS WITH EMPLOYER ADVICE AND COUNSEL, REFERENCE SURVEYS AND PUBLICATIONS, NETWORKING OPPORTUNITIES, CONSULTING AND TRAINING IN THE AREAS OF HUMAN RESOURCES, HEALTH AND WELLNESS, SUPERVISORY DEVELOPMENT, QUALITY IMPROVEMENT AND WORKPLACE SAFETY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $629,048
Program Service Revenue $674,788
Investment Income $12,211
Other Revenue $-30,705
TOTAL REVENUE $1,285,342

Expense Breakdown

Grants Paid $0
Salaries & Benefits $756,363
Fundraising Expenses $0
Program Expenses $951,486
Other Expenses $536,376
TOTAL EXPENSES $1,292,739

Year-over-Year Comparison

2025 2024 Change
Revenue $1,285,342 $1,117,636 +0.2%
Expenses $1,292,739 $1,234,209 +0.0%
Net Income $-7,397 $-116,573 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
6
Employees
14
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$190,133
Total Directors
7
$190,133
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRANDON NUDD DIRECTOR 0.50
Director
$0 $0 $0
RONALD SESSIONS DIRECTOR 0.50
Director
$0 $0 $0
NECANNADY III DIRECTOR 0.50
Director
$0 $0 $0
RONNIE HOLLMAN DIRECTOR 0.50
Director
$0 $0 $0
JESSE POPE DIRECTOR 0.50
Director
$0 $0 $0
W LOUIS BISSETTE JR CHAIRMAN 1.00
Director
$0 $0 $0
FREDRICK REESE PRESIDENT 40.00
Officer Director
$159,715 $30,418 $190,133
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,285,342 $1,292,739 $1,029,386 $-7,397
2024 $1,117,636 $1,234,209 $999,743 $-116,573
2023 $1,269,370 $1,435,845 $1,034,125 $-166,475
2022 $1,314,484 $1,245,494 $1,115,337 $68,990
2021 $1,186,952 $1,110,238 $1,059,158 $76,714
2020 $1,105,205 $1,012,863 $944,945 $92,342
2019 $1,187,624 $1,344,753 $781,321 $-157,129
2018 $1,228,708 $1,405,320 $995,845 $-176,612
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