2015-08-24T14:21:07-05:00 2014-12-31 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 1000 CHARLOTTE NC 28204 990 2014-01-01 561604530 CAGC FOUNDATION INC FKA CAROLINAS CONSTRUCTION EDUCATION & RESEARCH FOUNDA CAGC 7043721450 6115 PARK SOUTH DRIVE SUITE 350 CHARLOTTE NC 28210 DAVID SIMPSON PRESIDENT & CEO 7043721450 2015-08-17 1 JANICE RATICA P00358837 7043771678 2014 2016-02-25 16:41:14Z DAVID SIMPSON 6115 PARK SOUTH DRIVE SUITE 350 CHARLOTTE NC 28210 588070 0 X N/A X 1987 NC TO SERVE THE CONSTRUCTION INDUSTRY BY FINANCIALLY SUPPORTING EXCELLENT WORKFORCE DEVELOPMENT AND RESEARCH PROGRAMS, ACTIVITIES, AND SERVICES IN THE CAROLINAS. IT TAKES A CONSOLIDATED EFFORT TO CONTINUE TO AID AND PROMOTE THE CONSTRUCTION INDUSTRY AS A PROFESSION. 10 10 0 61 0 0 486307 261051 243827 298447 14102 28572 0 0 744236 588070 0 8000 0 0 209179 238992 0 0 0 243674 231334 452853 478326 291383 109744 839887 937201 8912 7597 830975 929604 X TO SERVE THE CONSTRUCTION INDUSTRY BY FINANCIALLY SUPPORTING EXCELLENT WORKFORCE DEVELOPMENT AND RESEARCH PROGRAMS, ACTIVITIES, AND SERVICES IN THE CAROLINAS. 0 0 209051 8000 298447 EDUCATION AND TRAINING - CAROLINAS AGC FOUNDATION OFFERS PROGRESSIVE TRAINING OPPORTUNITIES FOR CONSTRUCTION TRADE CRAFTSMEN, CONSTRUCTION SUPERVISORS AND EXECUTIVE MANAGEMENT. THE FOUNDATION IS AN ACCREDITED TRAINING SPONSOR FOR THE NATIONAL CENTER FOR CONSTRUCTION EDUCATION AND RESEARCH (NCCER). AS A SPONSOR THE FOUNDATION OFFERS THE NCCER INSTRUCTOR CERTIFICATION TRAINING PROGRAM. CERTIFIED INSTRUCTORS ARE QUALIFIED TO TEACH NCCER CONTREN LEARNING SERIES CURRICULUM. THIS CURRICULUM IS MODULE BASED AND TEACHES STUDENTS KNOWLEDGE AND SKILLS ASSOCIATED WITH TASKS RELATED TO A VARIETY OF CRAFT TRADES. THE CONTREN TRAINING IS CONDUCTED IN COMMUNITY COLLEGES, TECHNICAL SCHOOLS, HIGH SCHOOLS AND WITHIN INDIVIDUAL CONSTRUCTION COMPANIES IN NC AND SC. THE FOUNDATION IS AN ACCREDITED ASSESSMENT CENTER FOR NCCER. THE FOUNDATION OFFERS NCCER CERTIFICATION ASSESSMENTS FOR JOURNEY LEVEL CRAFTSMEN IN A VARIETY OF CRAFT TRADES. UPON SUCCESSFUL COMPLETION, CRAFTSMEN RECEIVE CERTIFICATION CREDENTIALS FROM NCCER. THE FOUNDATION OFFERS A VARIETY OF SUPERVISORY AND MANAGEMENT CONTINUING EDUCATION OPPORTUNITIES. EDUCATIONAL OFFERINGS ARE DETERMINED FROM CAGC'S MEMBER INPUT AND CHANGE BASED ON THE CHANGING NEEDS OF THE INDUSTRY. THE FOUNDATION OFFERS THESE COURSES TO CAGC'S GENERAL MEMBERSHIP AND AS PRIVATE OFFERINGS TO MEMBER FIRMS. THE FOUNDATION'S PUBLIC OFFERINGS ARE AVAILABLE TO NON CAGC MEMBERS BASED ON SPACE AVAILABILITY. THE FOUNDATION IS COMMITTED TO PROVIDING HIGH QUALITY EDUCATION SERVICES FOR THE BENEFIT OF ITS MEMBERSHIP AND THE CONSTRUCTION INDUSTRY IN A COST EFFECTIVE MANNER TO HELP MAKE ATTENDEES SKILLED AND VALUED REPRESENTATIVES OF THE CONSTRUCTION INDUSTRY. 209051 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X DAVID SIMPSON 7043721450 6115 PARK SOUTH DRIVE SUITE 350 CHARLOTTE NC 28210 CLAUDIA DODGEN TRUSTEE 10.00 0.00 X 0 0 0 SIDNEY REX TRUSTEE 10.00 0.00 X 0 0 0 GREG HUGHES TRUSTEE 10.00 0.00 X 0 0 0 STEVE CORRIHER TRUSTEE 10.00 0.00 X 0 0 0 CLEVE PAUL CAGC CHAIR 10.00 10.00 X 0 0 0 MATT BARES CHAIR 10.00 0.00 X X 0 0 0 LAURA TETER CHAIR ELECT 10.00 0.00 X X 0 0 0 JOHN THOMPSON TREASURER 10.00 0.00 X X 0 0 0 CYNTHIA MILLS CEO/PRES., SECRETARY (THRU 10/17/14) 11.00 45.50 X X 0 283037 31647 DAVID SIMPSON CEO/PRESIDENT (START 10/27/14) 1.00 41.50 X 0 127288 21542 PATRICK MIXON CFO 1.00 30.00 X 0 0 0 0 410325 53189 0 0 1 0 0 261051 261051 EDUCATION & SAFETY PRO 900099 298447 298447 298447 28572 28572 588070 298447 0 28572 8000 8000 238992 238992 7340 7340 10630 10630 5130 5130 1688 1688 5495 5495 EDUCATION AND SAFETY CO 198684 198684 MISCELLANEOUS 2367 2367 478326 209051 269275 0 164446 263725 24030 18186 25402 9573 12023 171 561189 551823 85875 56544 447 3654 839887 937201 8912 2348 5249 8912 7597 X 808295 906924 22680 22680 830975 929604 839887 937201 109744 -11115 0 X 0 1 X 1 0 X X 1 CAROLINAS AGC INC 560126510 501(C)(6) 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B THE ORGANIZATION HAS CURRENTLY NOT CONFIRMED THAT THE SUPPORTED ORGANIZATION, A RELATED 501(C)(6), SATISFIES THE PUBLIC SUPPORT TEST UNDER SECTION 509(A)(2); HOWEVER, THERE ARE PROCESSES IN PLACE TO CONFIRM THIS IN THE CURRENT TAX YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22680 22680 22680 22680 22680 22680 0.00000 1.00000 0.00000 0 0 0 LARGE BLEND 57338 F EQUITY PRECIOUS METALS 43550 F BONDS 450935 F 551823 X PART X, LINE 2: THE FOUNDATION FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE FOUNDATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2014; ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. INCOME TAX RETURNS FILED PRIOR TO THE YEAR ENDED DECEMBER 31, 2011, ARE NO LONGER SUBJECT TO AUDIT BY THE TAXING AUTHORITIES. 1 0 0 0 0 0 0 0 0 CYNTHIA MILLS CEO/PRES., SECRETARY (THRU 10/17/14) 0 228566 0 0 0 54471 0 21549 0 10098 0 314684 0 0 PART I, LINE 4A CYNTHIA MILLS RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $54,471. THIS AMOUNT IS INCLUDED IN BOX 5 OF THE W-2. SHE ALSO RECEIVED HEALTH BENEFITS OF $1,853. ALL PAYMENTS ARE RELATED TO HER SERVICES AS CEO/PRESIDENT OF CAROLINAS AGC, INC., A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE CAROLINAS AGC, INC. BOARD OF DIRECTORS IS RESPONSIBLE FOR BOTH THE APPOINTMENT OF CAGC FOUNDATION TRUSTEES AND MUST APPROVE ALL BYLAW CHANGES OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11 DIRECTORS AND OFFICERS WILL BE E-MAILED A COPY OF THE FORM 990 FOR REVIEW AND POSITIVE ACKNOWLEDGEMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS TO BE REVIEWED ANNUALLY WITH THE BOARD. MEMBERS ARE REQUIRED TO NOTIFY THE FOUNDATION IF THEIR STATUS RELATED TO THE CONFLICT OF INTEREST POLICY CHANGES DURING MEETINGS THROUGHOUT THE YEAR. AFTER DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST AND ALL MATERIAL FACTS BY A BOARD MEMBER, THAT PERSON SHALL RECUSE HIMSELF/HERSELF FROM THE MEETING AND/OR VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION HAS NO FULL TIME EMPLOYEES. KEY PERSONNEL IN SUPPORT OF THE FOUNDATION ARE EMPLOYEES OF A RELATED 501(C)(6) ORGANIZATION, CAROLINAS AGC, INC., AND ARE SUBJECT TO COMPENSATION, CLASSIFICATION AND ALL OTHER PERSONNEL POLICIES OF THAT ORGANIZATION. CAROLINAS AGC, INC., PERIODICALLY REVIEWS ITS CLASSIFICATION AND COMPENSATION STRUCTURE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CAROLINAS AGC INC 6115 PARK SOUTH DRIVE SUITE 350 CHARLOTTE NC 28210 560126510 PROMOTE COMMON BUSINESS INTEREST NC 501(C)(6) N/A N/A 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0 0 CAROLINAS AGC INC C 256201 FMV