State Employees Association of North Carolina Inc - Group Return

EIN: 581830328

Raleigh, NC

Total Revenue
$819,495
Total Expenses
$820,693
Total Assets
$2,648,105
Net Assets
$2,648,105
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NC
Principal Officer
Ardis Watkins
Phone
9198336436
Tax Period
2020-10-01 to 2021-09-30

State Employees Association of North Carolina Inc - Group Return, founded in 1984, is a small nonprofit that reported $819K in total revenue in fiscal year 2020. Revenue fell 26% from the prior year — a significant decline worth monitoring. Net assets of $2.6M represent 39 months of operating reserves.

Mission

SEANC IS COMMITTED TO PROTECTING AND ENHANCING THE RIGHTS AND BENEFITS OF CURRENT, RETIRED, AND FUTURE STATE EMPLOYEES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $773,241
Program Service Revenue $28,185
Investment Income $3,423
Other Revenue $14,646
TOTAL REVENUE $819,495

Expense Breakdown

Grants Paid $285,134
Salaries & Benefits $15,645
Fundraising Expenses $0
Other Expenses $519,914
TOTAL EXPENSES $820,693

Year-over-Year Comparison

2020 2019 Change
Revenue $819,495 $1,114,358 -0.3%
Expenses $820,693 $391,952 +1.1%
Net Income $-1,198 $722,406 -1.0%
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
51
Independent Members
51
Employees
N/A
Volunteers
72

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
43
$13,220
Total Directors
51
$2,425
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUNNY DENTON DISTRICT 5 SECRETARY 15.0
Officer
$800 $0 $800
CONNIE ELKINS DISTRICT 5 TREASURER 15.0
Officer
$800 $0 $800
RASHIA NORMAN DISTRICT 22 SECRETARY 15.0
Officer
$750 $0 $750
MAMIE Y HARRIS DISTRICT 42 SEC/TREASURER 15.0
Officer
$650 $0 $650
STACIE L CRABTREE DISTRICT 41 SEC/TREASURER 15.0
Officer
$600 $0 $600
ROSZENA A LOWE DISTRICT 40 SEC/TREASURER 15.0
Officer
$540 $0 $540
PATSY M TILLEY DISTRICT 21 SEC/TREASURER 15.0
Officer
$500 $0 $500
GAIL B WATSON DISTRICT 61 SEC/TREASURER 15.0
Officer
$500 $0 $500
CYNTHIA CRAWFORD DISTRICT 2 TREASURER 15.0
Officer
$480 $0 $480
DEBORAH HARNEY DISTRICT 22 CHAIRPERSON 15.0
Director
$400 $0 $400
SUSAN B GENTRY DISTRICT 38 CHAIRPERSON 15.0
Director
$350 $0 $350
JACKIE D BURGESS DISTRICT 9 TREASURER 15.0
Officer
$350 $0 $350
BONITA HENDERSON DISTRICT 64 SEC/TREASURER 15.0
Officer
$350 $0 $350
JANET H BUNCH DISTRICT 27 CHAIRPERSON 15.0
Director
$300 $0 $300
JACQUELYN CHATMAN DISTRICT 20 CHAIRPERSON 15.0
Director
$300 $0 $300
ANTHONY A WEAVER DISTRICT 19 CHAIRPERSON 15.0
Director
$300 $0 $300
MARTHA FOWLER DISTRICT 19 SECRETARY 15.0
Officer
$300 $0 $300
KAREN M HATCH DISTRICT 43 SEC/TREASURER 15.0
Officer
$300 $0 $300
CHARLES HEDGEPETH DISTRICT 20 TREASURER 15.0
Officer
$300 $0 $300
MAGGIE JUSTICE DISTRICT 6 SECRETARY 15.0
Officer
$300 $0 $300
MARISOL MENDOZA DISTRICT 22 TREASURER 15.0
Officer
$300 $0 $300
CAROLYN J PERRY DISTRICT 16 TREASURER 15.0
Officer
$300 $0 $300
PAMELA H SILER DISTRICT 19 TREASURER 15.0
Officer
$300 $0 $300
SHERRY S VINES DISTRICT 6 TREASURER 15.0
Officer
$300 $0 $300
BRIAN W SWIGER DISTRICT 39 CHAIRPERSON 15.0
Director
$275 $0 $275
CYNTHIA A HESTER DISTRICT 61 CHAIRPERSON 15.0
Director
$250 $0 $250
JORDAN F ALLEN DISTRICT 1 TREASURER 15.0
Officer
$250 $0 $250
VERNA S WADE DISTRICT 12 TREASURER 15.0
Officer
$250 $0 $250
SHERRY WASHINGTON DISTRICT 13 TREASURER 15.0
Officer
$250 $0 $250
CHEVELLA L THOMAS DISTRICT 27 TREASURER 15.0
Officer
$250 $0 $250
SHOSHANA SERXNER DISTRICT 39 TREASURER 15.0
Officer
$250 $0 $250
DAVID W SERXNER DISTRICT 39 SECRETARY 15.0
Officer
$250 $0 $250
KAREN DAVIS DISTRICT 44 TREASURER 15.0
Officer
$250 $0 $250
TERESA S HUNTER DISTRICT 46 TREASURER 15.0
Officer
$250 $0 $250
LINDA F WRIGHT DISTRICT 46 SECRETARY 15.0
Officer
$250 $0 $250
THELMA MCLAURIN DISTRICT 59 SECRETARY 15.0
Officer
$250 $0 $250
BRENDA M SMITH DISTRICT 59 TREASURER 15.0
Officer
$250 $0 $250
BETTY C JACKSON DISTRICT 38 CHAIRPERSON 15.0
Officer
$233 $0 $233
KATHY J RAMSEY DISTRICT 25 TREASURER 15.0
Officer
$200 $0 $200
JAMES B HOLMAN DISTRICT 25 CHAIRPERSON 15.0
Director
$150 $0 $150
CYNTHIA E JOEL DISTRICT 16 SECRETARY 15.0
Officer
$150 $0 $150
SELINA RODRIQUEZ DISTRICT 22 TREASURER 15.0
Officer
$150 $0 $150
KATRINA H DAVIS DISTRICT 24 TREASURER 15.0
Officer
$150 $0 $150
ARLENE J MEDDER DISTRICT 25 COMMS. CHAIR 15.0
Officer
$150 $0 $150
PAULETTA WILLIAMS DISTRICT 26 TREASURER 15.0
Officer
$150 $0 $150
DANA F MOORE DISTRICT 27 SECRETARY 15.0
Officer
$150 $0 $150
TAMMY TOMPKINS DISTRICT 38 SECRETARY 15.0
Officer
$117 $0 $117
LISA MARTIN-BROWER DISTRICT 18 CHAIRPERSON 15.0
Director
$100 $0 $100
TERESA CANTON DISTRICT 3 TREASURER 15.0
Officer
$100 $0 $100
JANICE SMITH DISTRICT 3 SECRETARY 15.0
Officer
$100 $0 $100
NICOLE SPRUELL DISTRICT 18 TREASURER 15.0
Officer
$50 $0 $50
KEVIN KING DISTRICT 18 SECRETARY 15.0
Officer
$50 $0 $50
JAMES ROWELL DISTRICT 1 CHAIR 15.0
Director
$0 $0 $0
CLIFF JOHNSON DISTRICT 2 CHAIR 15.0
Director
$0 $0 $0
ANNE CASTRO DISTRICT 3 CHAIR 15.0
Director
$0 $0 $0
CAROLINE DEDMON DISTRICT 4 CHAIR 15.0
Director
$0 $0 $0
TONY SMITH DISTRICT 5 CHAIR 15.0
Director
$0 $0 $0
SONYA AKBAR DISTRICT 6 CHAIR 15.0
Director
$0 $0 $0
HENRY BELADA DISTRICT 7 CHAIR 15.0
Director
$0 $0 $0
MICHAEL JENKINS DISTRICT 8 CHAIR 15.0
Director
$0 $0 $0
JAMIE ROBINSON DISTRICT 9 CHAIR 15.0
Director
$0 $0 $0
TONIA WARNIC DISTRICT 10 CHAIR 15.0
Director
$0 $0 $0
JAMIE BENNETT DISTRICT 11 CHAIR 15.0
Director
$0 $0 $0
CHENELL ROSE DISTRICT 12 CHAIR 15.0
Director
$0 $0 $0
MARY CLARK DISTRICT 13 CHAIR 15.0
Director
$0 $0 $0
WILLIE BAILEY DISTRICT 16 CHAIR 15.0
Director
$0 $0 $0
KEMREY LAMARR DISTRICT 17 CHAIR 15.0
Director
$0 $0 $0
VIRGINIA LINDSEY DISTRICT 21 CHAIR 15.0
Director
$0 $0 $0
JEREMY REGISTER DISTRICT 23 CHAIR 15.0
Director
$0 $0 $0
LENETTA SINGLETARY DISTRICT 24 CHAIR 15.0
Director
$0 $0 $0
CHARLES SANDERS DISTRICT 26 CHAIR 15.0
Director
$0 $0 $0
DUBORIS PETERKIN DISTRICT 28 CHAIR 15.0
Director
$0 $0 $0
FURMAN BECKWITH DISTRICT 37 CHAIR 15.0
Director
$0 $0 $0
VERNICE WHYMS DISTRICT 40 CHAIR 15.0
Director
$0 $0 $0
EMILY JONES DISTRICT 41 CHAIR 15.0
Director
$0 $0 $0
SHIRLEY BELL DISTRICT 42 CHAIR 15.0
Director
$0 $0 $0
BRENDA JOHNSON DISTRICT 43 CHAIR 15.0
Director
$0 $0 $0
BRENDA WILLIAMS DISTRICT 44 CHAIR 15.0
Director
$0 $0 $0
JOHN WILLIAMS DISTRICT 45 CHAIR 15.0
Director
$0 $0 $0
REGINA NORMAN DISTRICT 46 CHAIR 15.0
Director
$0 $0 $0
MICHAEL JOHNSON DISTRICT 56 CHAIR 15.0
Director
$0 $0 $0
DREW STANLEY DISTRICT 57 CHAIR 15.0
Director
$0 $0 $0
CHUCK STONE DISTRICT 58 CHAIR 15.0
Director
$0 $0 $0
KATHY MERRITT DISTRICT 59 CHAIR 15.0
Director
$0 $0 $0
DEBI ARTIS DISTRICT 60 CHAIR 15.0
Director
$0 $0 $0
LAURA OVERSTREET DISTRICT 62 CHAIR 15.0
Director
$0 $0 $0
SHERRY DODGE DISTRICT 63 CHAIR 15.0
Director
$0 $0 $0
LATINA SHELLEY DISTRICT 64 CHAIR 15.0
Director
$0 $0 $0
CYNTHIA HART DISTRICT 65 CHAIR 15.0
Director
$0 $0 $0
EVELYN BROWN DISTRICT 66 CHAIR 15.0
Director
$0 $0 $0
PATRICIA MOORE DISTRICT 67 CHAIR 15.0
Director
$0 $0 $0
RITA WOODS DISTRICT 68 CHAIR 15.0
Director
$0 $0 $0
TONYA JENNINGS DISTRICT 69 CHAIR 15.0
Director
$0 $0 $0
ERNEST FLEMING DISTRICT 70 CHAIR 15.0
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
2021 $819,495 $820,693 $2,648,105 $-1,198
2020 $1,114,358 $391,952 $2,649,803 $722,406
2019 $1,165,716 $950,563 $1,927,397 $215,153
2018 $1,163,361 $809,036 $1,712,244 $354,325
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