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Slow Money Nc

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

EIN: 822178863 ✦ Pittsboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Slow Money Nc?

Slow Money NC is a nonprofit organization situated in Pittsboro, North Carolina, with a mission to foster a sustainable food system and promote a local economy within the state. They achieve this by maintaining regular communication with their network of lenders and borrowers through email and phone calls. The organization's core objective is to cultivate a community that values and supports local agriculture and businesses, ultimately contributing to a more resilient and eco-friendly economy in North Carolina.


Official website here: www.slowmoneync.org

Is Slow Money Nc legitimate?

Slow Money Nc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Slow Money Nc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.slowmoneync.org

What is the mission statement of Slow Money Nc?

The mission of Slow Money NC, as stated, is centered around supporting the establishment of a sustainable food system and local economy within North Carolina. This is achieved through various means, including community outreach and education, where they maintain connections with lenders and borrowers in the Slow Money network via phone calls and emails.


Official website here: www.slowmoneync.org

Who is the CEO of Slow Money Nc?

Carol Hewitt is the President/Ed of Slow Money Nc.


Official website here: www.slowmoneync.org

What is the revenue of Slow Money Nc?

Slow Money Nc's revenue in 2022 was $332,924.


Official website here: www.slowmoneync.org

Who are the executives of Slow Money Nc and what are their salaries?

There 7 volunteers at Slow Money Nc.


Here are 5 key members and their salaries:


Carol Hewitt (President/Ed)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Outlaw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Hewitt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geri Laplaca (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilma Schroeder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.slowmoneync.org

Where can I find the form 990 for Slow Money Nc?

Slow Money Nc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.slowmoneync.org

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

Mission Statement of Slow Money Nc

Slow Money NC, as a nonprofit organization, is dedicated to supporting the establishment of a sustainable food system and fostering a local economy in North Carolina. This mission is accomplished through various means, primarily by maintaining communication with Slow Money lenders and borrowers within the community. The organization's ultimate goal is to promote a more resilient and self-sufficient food system and economy, thereby contributing to the overall well-being of the region.

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Impact




October, 2024

Slow Money NC has made a significant impact on creating a sustainable food system and fostering a local economy in North Carolina. Through community outreach and education, the organization engages with local farmers, lenders, and community members, facilitating connections that strengthen the regional food network. One of their key initiatives, the interest-free revolving loan fund known as the SOIL NC Fund, provides crucial financial support to local farms, enabling them to thrive and contribute to a more sustainable agricultural landscape. In late 2022, the fund continued its commitment by granting a new loan to a local farm, demonstrating ongoing support for farmers’ financial needs and encouraging sustainable practices in the region. Overall, Slow Money NC plays a vital role in enhancing food security, supporting local livelihoods, and promoting environmental stewardship in North Carolina.




This information is meant to be a general summary of Slow Money Nc. 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
$332,924 (2022)
Expenses
$1,795 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $332,924

Assets and Liabilities:

  • Total Assets: $441,837
  • Total Liabilities: $0
  • Net Assets: $441,837

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Organization Details

Founding Year

2017

Principal Officer

Carol Hewitt

Main Address

424 Johnny Burke Rd, Pittsboro, NC, 27312

NTEE Category

Code: K12 - Food

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