NORTH CAROLINA HEROES FUND INCORPORATED: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: NORTH CAROLINA HEROES FUND INCORPORATED (EIN 03-0609706)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-09-06
IRS object ID: 201112499349300216
Schema version: 2010v3.4
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule G
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-09-06T10:03:13-05:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HICKEY WOOD & ASSOCIATES CPAS PA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	5950 FAIRVIEW RD STE 500-B	AddressLine1
City	CHARLOTTE	City
State	NC	State
ZIP Code	28210	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	030609706	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	NORTH CAROLINA HEROES FUND INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	NORT	NameControl
Phone	7046195688	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 652	AddressLine1
City	PINEVILLE	City
State	NC	State
ZIP Code	28134	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	TARIQ S BOKHARI	Name
Title	TREASURER	Title
Phone	7046195688	Phone
Date Signed	2011-09-06	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	RICHARD W WOOD	Name
Phone	7045560228	Phone
Date Prepared	2011-09-06	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	SCOTT D STONE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	13213 WHISPER CREEK DRIVE	AddressLine1
City	CHARLOTTE	City
State	NC	State
ZIP Code	28277	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	66862	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.NCHEROES.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2007	YearFormation
State Legal Domicile	NC	StateLegalDomicile
Activity Or Mission Description	FUND'S FOCUS IS ON MEN AND WOMEN OR THEIR FAMILIES WHO ARE CURRENTLY SERVING OR HAVE RECENTLY SERVED IN THE UNITED STATES ARMED FORCES AND ARE ENDURING HARDSHIPS. THE FUND'S MISSION IS TO IMPROVE THE QUALITY OF LIFE OF NORTH CAROLINA'S MILITARY SERVICE PERSONNEL AND THEIR FAMILIES BY ASSISTING WITH NEEDS UNMET BY THE U.S. GOVERNMENT.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	12	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	12	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	102774	ContributionsGrantsPriorYear
Contributions Grants Current Year	66862	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	102774	TotalRevenuePriorYear
Total Revenue Current Year	66862	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	24815	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	35674	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	41542	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	44190	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	44190	TotalFundrsngExpCurrentYear
Other Expense Prior Year	25546	OtherExpensePriorYear
Other Expenses Current Year	10022	OtherExpensesCurrentYear
Total Expenses Prior Year	91903	TotalExpensesPriorYear
Total Expenses Current Year	89886	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	10871	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-23024	RevenuesLessExpensesCY
Total Assets BOY	38620	TotalAssetsBOY
Total Assets EOY	15596	TotalAssetsEOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	38620	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	15596	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	FUND'S FOCUS IS ON MEN AND WOMEN OR THEIR FAMILIES WHO ARE CURRENTLY SERVING OR HAVE RECENTLY SERVED IN THE UNITED STATES ARMED FORCES AND ARE ENDURING HARDSHIPS. THE FUND'S MISSION IS TO IMPROVE THE QUALITY OF LIFE OF NORTH CAROLINA'S MILITARY SERVICE PERSONNEL AND THEIR FAMILIES BY ASSISTING WITH NEEDS UNMET BY THE U.S. GOVERNMENT.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	35674	Expense
Grants	35674	Grants
Description	FINANCIAL HARDSHIP GRANTS TO US MILITARY PERSONNEL, VETERANS AND THEIR FAMILIES.	Description
Total Program Service Expense	35674	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	true	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	12	NbrVotingGoverningBodyMembers
Number Independent Voting Members	12	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NC	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	SCOTT STONE	NamePerson
Telephone Number	7046195688	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	13213 WHISPER CREEK DRIVE	AddressLine1
City	CHARLOTTE	City
State	NC	State
ZIP Code	28277	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitle	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
SCOTT STONE
CHAIRMAN	X	X	0	0	0
TARIQ S BOKHARI
TREASURER	X	X	0	0	0
LOREE ELSWICK
SECRETARY	X	X	0	0	0
AMY GAMBER
BOARD MEMBER	X		0	0	0
CHARLES GREENE
BOARD MEMBER	X		0	0	0
WILLIAM KREBS
BOARD MEMBER	X		0	0	0
AMANDA HAYES
BOARD MEMBER	X		0	0	0
BILL LUMAYE
BOARD MEMBER	X		0	0	0
MIKE O'BRIEN
BOARD MEMBER	X		0	0	0
BRENT ROYAL
BOARD MEMBER	X		0	0	0
HERMAN STONE
BOARD MEMBER	X		0	0	0
CHARLES SWANNACK JR
BOARD MEMBER	X		0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Fundraising Events	11500	FundraisingEvents
All Other Contributions	55362	AllOtherContributions
Total Contributions	66862	TotalContributions

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	66862	TotalRevenueColumn

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	35674	Total
Program Services	35674	ProgramServices

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	44190	Total
Fundraising	44190	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	10022	Total
Management And General	10022	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	89886	Total
Program Services	35674	ProgramServices
Management And General	10022	ManagementAndGeneral
Fundraising	44190	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	38620	BOY
EOY	15596	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	38620	BOY
EOY	15596	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	38620	BOY
EOY	15596	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	38620	BOY
EOY	15596	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	38620	BOY
EOY	15596	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-23024	ReconcilationRevenueExpenses
Method Of Accounting Cash	X	MethodOfAccountingCash
Accountant Compile Or Review	true	AccountantCompileOrReview
FS Audited	false	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	15158	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	50875	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	102774	CurrentTaxYearMinus1Year
Current Tax Year	66862	CurrentTaxYear
Total	235669	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	15158	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	50875	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	102774	CurrentTaxYearMinus1Year
Current Tax Year	66862	CurrentTaxYear
Total	235669	Total

Field	Value	IRS element (for citing)
Public Support Total509	235669	PublicSupportTotal509

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	15158	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	50875	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	102774	CurrentTaxYearMinus1Year
Current Tax Year	66862	CurrentTaxYear
Total	235669	Total

Field	Value	IRS element (for citing)
First5 Years509	X	First5Years509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	X	MailSolicitations
Email Solicitations	X	EmailSolicitations
Phone Solicitations	X	PhoneSolicitations
In Person Solicitations	X	InPersonSolicitations
Solicitation Of Non Govt Grants	X	SolicitationOfNonGovtGrants
Special Fundraising Events	X	SpecialFundraisingEvents
Agreement Ref Fundraising	true	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

Name Of Organization NameOfOrganization

Field	Value	IRS element (for citing)
Business Name Line1	KOHN ASSOCIATES	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1140 HARP STREET	AddressLine1
City	RALEIGH	City
State	NC	State
ZIP Code	27604	ZIPCode

Field	Value	IRS element (for citing)
Activity	FUNDRAISIN	Activity
Fundraiser Control Of Funds	false	FundraiserControlOfFunds
Gross Receipts	66862	GrossReceipts
Amount Retained By Contractor	41190	AmountRetainedByContractor
Net To Organization	25672	NetToOrganization

Field	Value	IRS element (for citing)
Total Gross Receipts	66862	TotalGrossReceipts
Total Retained By Contractors	41190	TotalRetainedByContractors
Total Net To Organization	25672	TotalNetToOrganization
Licensed States	NC	LicensedStates

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	FINANCIAL ASSISTANCE	TypeOfGrant
Number Of Recipients	38	NumberOfRecipients
Amount Of Cash Grant	35674	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES	Identifier
Return Reference	SCHEDULE I, PAGE 1, PART I, LINE 2	ReturnReference
Explanation	INDIVIDUALS SUBMIT A NEEDS REQUEST TO THE FUND. THE BOARD REVIEWS THIS REQUEST IN LIGHT OF AMOUNT/SEVERITY OF FINANCIAL NEED TO DETERMINE IF IT MEETS THE GOALS AND MISSION OF THE FUND.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	FUND'S FOCUS IS ON MEN AND WOMEN OR THEIR FAMILIES WHO ARE CURRENTLY SERVING OR HAVE RECENTLY SERVED IN THE UNITED STATES ARMED FORCES AND ARE ENDURING HARDSHIPS. THE FUND'S MISSION IS TO IMPROVE THE QUALITY OF LIFE OF NORTH CAROLINA'S MILITARY SERVICE PERSONNEL AND THEIR FAMILIES BY ASSISTING WITH NEEDS UNMET BY THE U.S. GOVERNMENT.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	TAX RETURN PREPARER PROVIDES A DRAFT OF THE COMPLETED FORM 990 ALONG WITH REQUIRED SCHEDULES TO THE CHAIRMAN AND TREASURER FOR REVIEW AND APPROVAL PRIOR TO ELECTRONICALLY FILING THE RETURN.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	BOARD OF DIRECTORS MEET MONTHLY AND PART OF EACH MEETING IS DEVOTED TO REVIEWING ANY NEW CONTRACTS WITH SERVICE PROVIDERS FOR POTENTIAL CONFLICTS OF INTEREST.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	INFORMATION REGARDING THE ORGANIZATION'S FINANCIAL RECORDS, ORGANIZATIONAL DOCUMENTS WILL BE MADE AVAILABLE UPON WRITTEN REQUEST. REQUESTS SHOULD BE MADE BY EMAIL OR REGULAR MAIL AT THE LISTED ADDRESS.