DURHAM EXCHANGE CLUB INDUSTRIES INC

EIN: 560858562 501(c)(3) Employment

Durham, NC

Total Revenue
$7,455,544
Total Expenses
$6,042,568
Total Assets
$28,145,950
Net Assets
$27,356,386
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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
NC
Principal Officer
Alan Wayne
Phone
9195961341
Tax Period
2023-07-01 to 2024-06-30

DURHAM EXCHANGE CLUB INDUSTRIES INC, founded in 1966, is a community nonprofit in the Employment sector that reported $7.5M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.4M, a strong 19% operating margin.

Mission

DECI's mission is to help people with vocational disabilities achieve a sense of self-worth by optimizing their potential to earn their own wages through work.

Program Service Accomplishments

Program 1
Expenses: $1,630,993 Revenue: $2,125,408

DECI has a contract with Source America (formerly NISH) to provide patient escort services to the VA Hospital in Durham. Source America is the national nonprofit agency designated by the Committee...

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DECI has a contract with Source America (formerly NISH) to provide patient escort services to the VA Hospital in Durham. Source America is the national nonprofit agency designated by the Committee for Purchase from People who are Blind or Severely Disabled to provide technical assistance to Community Rehabilitation Programs interested in obtaining federal contracts under the Javits Wagner(JWOD) Program. The VA contracts for 28 FTE's. They cover 3 shifts 7 days a week.

Program 2
Expenses: $806,237 Revenue: $708,235

Innovations Waiver Program formerly Community Alternatives Program. This is a Medicaid program providing group and individual Day Support Services & Long Term Vocational Support services to...

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Innovations Waiver Program formerly Community Alternatives Program. This is a Medicaid program providing group and individual Day Support Services & Long Term Vocational Support services to individuals who meet the state eligibility requirements under Medicaid. There were an average of 43 individuals receiving services under this program each month. This year, we started providing services for Long Term Community Support. There were an average of 3 individuals receiving services under this program each month.

Program 3
Expenses: $716,212 Revenue: $252,190

DECI provides ADVP and SEP-Long Term Follow services to individuals in Durham county through a contract with Alliance Behavioral Health a Managed Care Organization. ADVP is a work program designed to...

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DECI provides ADVP and SEP-Long Term Follow services to individuals in Durham county through a contract with Alliance Behavioral Health a Managed Care Organization. ADVP is a work program designed to teach adults with developmental disabilities hands on job skills, appropriate work skills, communication skills and social competencies in an actual work setting so they can move into competitive jobs within the community. On average 24 individuals were served in this program each month. The Supported Employment Long Term Follow program provides support and on the job training to individuals who have a job in the community but require additional support to maintain employment. On average 39 individuals were served in this program each month.

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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 (2023)

Revenue Breakdown

Contributions & Grants $9,567
Program Service Revenue $3,579,316
Investment Income $592,195
Other Revenue $3,274,466
TOTAL REVENUE $7,455,544

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,913,246
Fundraising Expenses $0
Program Expenses $4,772,396
Other Expenses $1,129,322
TOTAL EXPENSES $6,042,568

Year-over-Year Comparison

2023 2022 Change
Revenue $7,455,544 $6,391,586 +0.2%
Expenses $6,042,568 $5,713,561 +0.1%
Net Income $1,412,976 $678,025 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
220
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
3
$597,651
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alan Wayne President & CEO 40
Officer
$289,285 $37,345 $326,630
Melissa Summey CFO 0
Officer
$187,300 $29,411 $216,711
Scott Ruble Warehouse Director 40
Highest
$124,058 $15,561 $139,619
Danielle Jackson Production Director 40
Highest
$114,338 $18,955 $133,293
LaKeatia Daniels-Owens Human Resources Director 40
Highest
$104,896 $20,204 $125,100
Christina Sailstad COO 40
Officer
$50,840 $3,470 $54,310
Jeff Cawley Board Member 0
Director
$0 $0 $0
Rosalind Coleman Board Member 0
Director
$0 $0 $0
Gerry Dodd Board Member 0
Director
$0 $0 $0
Bill Frick Board Member 0
Director
$0 $0 $0
Kenneth Gregory Board Member 0
Director
$0 $0 $0
Gary Kramling Board Member 0
Director
$0 $0 $0
Debra Mangum Board Member 0
Director
$0 $0 $0
John Markham Board Member 0
Director
$0 $0 $0
James Muse Board Member 0
Director
$0 $0 $0
Carolyn Turner Board Member 0
Director
$0 $0 $0
Peter Hanna Board Member 0
Director
$0 $0 $0
Simon Handley Board Member 0
Director
$0 $0 $0
Cathy Thacker Board Member 0
Director
$0 $0 $0
Logan Toms Board Member 0
Director
$0 $0 $0
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 No data No data No data No data
2024 $7,455,544 $6,042,568 $28,145,950 $1,412,976
2023 $6,391,586 $5,713,561 $25,348,763 $678,025
2022 $5,688,631 $5,441,789 $24,396,757 $246,842
2021 $5,918,570 $5,598,763 $26,370,812 $319,807
2020 $7,204,786 $5,638,970 $23,612,922 $1,565,816
2019 $8,886,799 $6,006,115 $21,713,257 $2,880,684
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