Resident Lenders of North Carolina
Public records raise at least one point you should look into before giving.
What it says it does
TO PROMOTE THE INTERESTS OF THE CONSUMER FINANCE LENDERS OF NORTH CAROLINA AND TO PROMOTE THE WISE USE OF CASH CREDIT BY THE CITIZENS OF NORTH CAROLINA.
- Income
- $274,398
- Spending
- $293,559
- Employees
- 0
- Volunteers
- 15
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $161,914 spent. THE ASSOCIATION HIRED SEVERAL CONSULTING FIRMS TO ASSIST THE MEMBERS IN FORMULATING INFORMATION USEFUL TO THEM AND TO THE CITIZENS AND GOVERNMENTAL AUTHORITIES OF NORTH CAROLINA.
- $77,332 spent. THE ASSOCIATION HELD TWO STATEWIDE CONVENTIONS FOR THE PURPOSES OF EDUCATION AND SELF-REGULATION. THE MEMBERS DISCUSSED AND VOTED ON ISSUES AFFECTING THEM. APPROXIMATELY 200 MEMBERS ATTENDED THE CONVENTIONS.
- $26,513 spent. HURRICANE HELENE HIT WESTERN NORTH CAROLINA IN SEPTEMBER 2024. MANY OF THE ASSOCIATIONS CUSTOMERS LIVE IN AREAS THAT WERE DEVASTATED BY THE STORM. THE ASSOCIATION CONTRIBUTED A TOTAL OF $25,000 TO VARIOUS ENTITIES TO HELP PROVIDE ASSITANCE TO THOSE EFFECTED.
- $7,423 spent. THE ASSOCIATION PROVIDED COLLEGE SCHOLARSHIPS TOTALING $7,000 TO FOUR INDIVIDUALS THROUGH A COMPETITION WITH CRITERIA BASED ON RESIDENCY, RELATIONSHIP TO A MEMBER OR AN EMPLOYEE OF A MEMBER, GRADE POINT AVERAGE, ESSAYS, AND COMMUNITY, SCHOLASTIC, AND ATHLETIC INVOLVEMENT.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1982.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.