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North Carolina Apple Festival Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237361399 ✦ Hendersonville, NC ✦ Designated as a 501(c)(3)

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Overview

What is North Carolina Apple Festival Inc?

North Carolina Apple Festival Inc is a nonprofit organization located in Hendersonville, North Carolina. Their primary mission is to support the local apple industry by promoting it through annual events and providing assistance to local apple growers. The organization's flagship event, held during Labor Day weekend, attracts over 230,000 visitors annually, contributing over $10 million to the local economy. To further support apple growers, the festival offers a free booth for fourteen apple growers to promote and sell their fresh apples and other apple products. Additionally, North Carolina Apple Festival Inc awards an annual scholarship to local students based on their research and presentations on the apple industry. With a small team of one employee, the organization effectively serves its purpose in promoting the area's apple industry.


Official website here: www.ncapplefestival.org

Is North Carolina Apple Festival Inc legitimate?

North Carolina Apple Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Apple Festival Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $8,760
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ncapplefestival.org

What is the mission statement of North Carolina Apple Festival Inc?

North Carolina Apple Festival Inc's mission is centered around supporting the local apple industry. They achieve this by offering assistance to local apple growers and organizing an annual apple festival during Labor Day weekend. This event attracts over 230,000 visitors annually, contributing significantly to the local economy. As part of their support, they provide a free booth at the festival for fourteen apple growers to showcase and sell their fresh apples and other apple products. Moreover, the organization offers an annual scholarship to local students based on their research and presentations related to the apple industry.


Official website here: www.ncapplefestival.org

Who is the CEO of North Carolina Apple Festival Inc?

Colby Buchanan is the Exec.Dir-Resigned 6/23/22 of North Carolina Apple Festival Inc.


Official website here: www.ncapplefestival.org

What is the revenue of North Carolina Apple Festival Inc?

North Carolina Apple Festival Inc's revenue in 2022 was $210,350.


Official website here: www.ncapplefestival.org

Who are the executives of North Carolina Apple Festival Inc and what are their salaries?

The average compensation at North Carolina Apple Festival Inc during 2022 was $8,760. There is 1 employee and 200 volunteers at North Carolina Apple Festival Inc.


Here are 10 key members and their salaries:


David E Nicholson (Exec.Dir-Resigned 6/23/22)
  • Compensation: $8,760
  • Related: $0
  • Other: $0
Colby Buchanan (Asst. Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Shepherd (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh English (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Gunning (3Rd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Elrod (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Connet (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Elrod (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Shepherd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geraldine Lamb (Corporate Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ncapplefestival.org

Where can I find the form 990 for North Carolina Apple Festival Inc?

North Carolina Apple Festival Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ncapplefestival.org

Learn more at the official website: www.ncapplefestival.org

Mission Statement of North Carolina Apple Festival Inc

North Carolina Apple Festival Inc, a nonprofit organization, is dedicated to championing the local apple industry. Their primary mission revolves around providing assistance to local apple growers and organizing an annual Apple Festival during the Labor Day weekend. This event draws over 230,000 visitors from across the nation, significantly contributing over $10,000,000 to the local economy annually through its street fair.

To support the apple growers, North Carolina Apple Festival Inc offers a free booth at the festival for fourteen growers to showcase and sell fresh apples and other apple-related products. Furthermore, the organization awards an annual scholarship to local students based on their research and presentations related to the apple industry, demonstrating their commitment to nurturing the next generation of apple industry leaders.

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Impact




October, 2024

North Carolina Apple Festival Inc plays a vital role in promoting the region's apple industry and supporting local economic growth. The annual Apple Festival, held over Labor Day weekend, attracts over 230,000 visitors from across the United States, significantly boosting the local economy with an estimated annual infusion of more than $10 million. This event serves as a platform for local apple growers, offering them free booths to showcase and sell their fresh apples and other apple-related products.

The festival not only highlights the agricultural heritage of the area but also strengthens community ties and promotes local businesses. Additionally, the organization enriches the local youth by providing an annual scholarship for students who engage in research and presentations about the apple industry, fostering educational development within the community. Overall, North Carolina Apple Festival Inc is instrumental in sustaining and advancing both the apple industry and the local economy in Hendersonville, NC.




This information is meant to be a general summary of North Carolina Apple Festival Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$210,350 (2022)
Expenses
$197,746 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,620
  • Program Service Revenue: $137,730
  • Gross Receipts: $210,350

Assets and Liabilities:

  • Total Assets: $270,660
  • Total Liabilities: $0
  • Net Assets: $270,660

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STREET FAIR

Revenue

$103,587

SERVICES INCOME

Revenue

$34,143

Organization Details

Founding Year

1952

Principal Officer

Colby Buchanan

Main Address

PO BOX 886, HENDERSONVILLE, NC, 287930886

NTEE Category

Code: N520 - Recreation

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