2024-02-05T14:13:17-06:00 2023-05-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2022-06-01 560562849 JUNIOR LEAGUE OF RALEIGH INC JUNI 9197877480 711 HILLSBOROUGH STREET RALEIGH NC 27603 DIANE SCHABINGER TREASURER (22-23) 9197877480 2024-02-02 1 DIANE SCHABINGER 999009999 0 JOHN NORMAN P01506766 7049985200 2024-02-01 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LANIER MCREE 711 HILLSBOROUGH STREET RALEIGH NC 27603 2527586 0 X WWW.JLRALEIGH.ORG X 1930 NC PROMOTING VOLUNTEERISM, DEVELOPING THE POTENTIAL OF WOMEN, AND (CONTINUED ON SCHEDULE O) IMPROVING COMMUNITIES THROUGH THE EFFECTIVE ACTION AND LEADERSHIP OF TRAINED VOLUNTEERS. 12 12 8 1200 21655 20656 632364 618803 348189 42568 -104909 -23659 7448 -159060 883092 478652 20000 41900 0 0 239057 283867 0 0 19277 781066 497191 1040123 822958 -157031 -344306 8133041 7805732 2390948 2279307 5742093 5526425 X THE JUNIOR LEAGUE OF RALEIGH, INC. (THE LEAGUE) IS AN ORGANIZATION OF WOMEN WHOSE MISSION IS TO ADVANCE WOMEN'S LEADERSHIP FOR MEANINGFUL COMMUNITY IMPACT THROUGH VOLUNTEER ACTION, COLLABORATION, AND TRAINING. (CONTINUED ON SCHEDULE O) THE LEAGUE RAISES MONEY THROUGH DUES AND VARIOUS FUNDRAISING EVENTS AND FUNDS VARIOUS COMMUNITY GRANTS, NEEDS, AND PROJECTS. 0 0 191396 41900 42568 COMMUNITY SERVICES - DONATIONS TO VARIOUS NON-PROFIT ORGANIZATIONS AND EXPENSES NECESSARY TO ACCOMPLISH PROGRAM SERVICE GOALS. 191396 1 1 0 0 0 0 0 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 9 0 8 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X ANNA DEONANAN 9197877480 711 HILLSBOROUGH STREET RALEIGH NC 27603 X LANIER MCREE PRESIDENT 25.00 X X 0 0 0 DR PAULETTE EVANS PRESIDENT-ELECT 5.00 X X 0 0 0 LISA COSTON HALL EXECUTIVE VICE PRESIDENT 25.00 X X 0 0 0 LUCY AUSTIN AT-LARGE-DIRECTOR 2.00 X 0 0 0 TONI CHATMAN AT-LARGE-DIRECTOR 2.00 X 0 0 0 NIKIANN GRAY AT-LARGE-DIRECTOR 2.00 X 0 0 0 KATIE POLLARA AT-LARGE-DIRECTOR 2.00 X 0 0 0 BROOKE SCHMIDT AT-LARGE-DIRECTOR 2.00 X 0 0 0 DESHELIA SPANN AT-LARGE-DIRECTOR 2.00 X 0 0 0 SARAH JACKS NOMINATING CAPTAIN 2.00 X 0 0 0 MEGAN BRIGHT SECRETARY 2.00 X X 0 0 0 DIANE SCHABINGER TREASURER 10.00 X X 0 0 0 LILLIAN DAVIS JLR DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 209981 210344 198478 47792 618803 RENTAL INCOME 531120 42568 42568 42568 26620 26620 325191 286663 38528 38528 21655 16873 1350275 1400554 -50279 -50279 -50279 164129 210344 361717 -197588 -197588 478652 42568 21655 -204374 41900 41900 254415 254415 12844 12844 16608 16608 188 188 30918 30918 7750 7750 1881 1881 18968 31 737 18200 26564 17397 8171 996 4679 2583 2015 81 20952 16343 4609 5906 5869 37 7149 7149 8604 8604 156453 156453 8648 8648 CONTRACTED LABOR SERVIC 77989 55693 22296 DUES & SUBSCRIPTIONS 52677 275 52402 FOOD AND BEVERAGE 35500 34832 668 BANK CHARGES 12451 12451 19914 9324 10590 822958 191396 612285 19277 562663 367031 14607 35917 22617 38862 8269047 2228458 6188909 6040589 865420 919469 478825 403864 8133041 7805732 85349 83738 128007 128769 2173524 2066800 4068 0 2390948 2279307 X 5647432 5412713 94661 113712 5742093 5526425 8133041 7805732 X -344306 29555 102731 -3648 X 0 1 X 1 0 X 722151 582732 489161 632364 618803 3045211 801661 528361 55342 35957 42568 1463889 1523812 1111093 544503 668321 661371 4509100 0 0 0 4509100 30289 27127 70012 162852 169034 459314 30289 27127 70012 162852 169034 459314 53172 69124 100266 16094 21655 260311 60740 46708 18947 307 126702 1668013 1254052 733728 847574 852060 5355427 0.84200 0.87450 0.08580 0.05050 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 60,740. 2019 AMOUNT: $ 46,708. 2020 AMOUNT: $ 18,947. 2021 AMOUNT: $ 307. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 411610 411610 2391083 2391083 5518498 1889439 3629059 359466 339019 20447 6040589 MUTUAL FUNDS 919469 F 919469 RIGHT OF USE ASSET 53864 DESIGNATED INVESTMENT 350000 403864 X 1251568 29555 102731 132286 1119282 7750 -648380 -640630 478652 1463588 648380 648380 815208 7750 7750 822958 PART X, LINE 2: THE LEAGUE, A NONPROFIT ORGANIZATION, IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS NOT A PRIVATE FOUNDATION. ANNUALLY, THE LEAGUE IS REQUIRED TO FILE WITH THE IRS A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FORM 990. THE OFFICE SPACE RENTAL INCOME EARNED BY THE LEAGUE CONSTITUTES "UNRELATED BUSINESS INCOME" UNDER THE INTERNAL REVENUE CODE. THE LEAGUE EVALUATES ANY UNCERTAIN TAX POSITIONS. ACCORDINGLY, THE LEAGUE'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE LEAGUE, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION OF MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT DOES NOT BELIEVE ANY SIGNIFICANT INCOME TAX UNCERTAINITES EXIST AS OF MAY 31, 2023. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -361,717. RENTAL EXPENSES -286,663. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 361,717. RENTAL EXPENSES 286,663. SHOPPING SPREE 341208 194344 146864 10365 29700 25779 281193 TOUCH-A-TRUCK 33265 16000 17265 2695 2170 9814 0 374473 210344 164129 13060 29700 27949 291007 361716 -197587 1 THE GREEN CHAIR PROJECT PO BOX 12761 RALEIGH NC 27605 272323103 501(C)(3) 10000 0 ASSIST WITH PROGRAM SERVICES SAFECHILD 864 W MORGAN STREET RALEIGH NC 27603 561817816 501(C)(3) 7500 0 ASSIST WITH PROGRAM SERVICES 2 0 PART I, LINE 2: THE GRANT RECIPIENTS WERE REQUIRED TO SEND INTERIM GRANT REPORTS AND A FINAL REPORT AT THE END OF THE YEAR. X GIFTS AND AWARDS 20 46855 FAIR MARKET VALUE X OTHER 1 938 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 JUNIOR LEAGUE OF RALEIGH UPDATED ITS BYLAWS DURING 2022. SIGNIFICANT CHANGES TO THE BYLAWS WERE AS FOLLOWS. THE BOARD OF DIRECTORS AND MANAGEMENT COUNCIL OF THE LEAGUE IS NOW RESPONSIBLE FOR ADOPTING AND AMENDING POLICIES REGARDING THE RIGHTS, ROLES, AND RESPONSIBILITIES OF EACH CATEGORY OF MEMBERSHIP. PREVIOUSLY ONLY THE MANAGMENT COUNCIL HAD THE ABILITY TO ADOPT OR AMEND SUCH POLICIES. MEMBERS OF THE NOMINATING COMMITTEE ARE REQUIRED TO BE A MEMBER OF THE LEAGUE FOR AT LEAST 2 YEARS (PREVIOUSLY 3 YEARS). FORM 990, PART VI, SECTION A, LINE 6 THE JUNIOR LEAUGE OF RALEIGH IS AN ORGANIZATION OF WOMEN MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A OFFICERS OF THE JUNIOR LEAGUE OF RALEIGH ARE NOMINATED BY MEMBERS AND ARE ELECTED BY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B GOVERNING BOARD DECISIONS REQUIRE A QUOROM OF VOTING MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS MADE AVAILABLE TO BOARD MEMBERS IN DRAFT FORM ON THE WEBSITE FOR A PERIOD OF TIME FOR COMMENTS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANY TRANSACTION IN WHICH A BOARD MEMBER OR A MANAGEMENT COUNCIL MEMBER HAS A DIRECT OR INDIRECT INTEREST MUST BE AUTHORIZED, APPROVED OR RATIFIED IN GOOD FAITH BY A MAJORITY, NOT LESS THAN TWO (2), OF THE BOARD MEMBERS OR MANAGEMENT COUNCIL MEMBERS WHO HAVE NO DIRECT OR INDIRECT INTEREST IN THE TRANSACTION EVEN THOUGH LESS THAN A QUORUM; PROVIDED, HOWEVER, NO SUCH TRANSACTION SHALL BE AUTHORIZED, APPROVED, OR RATIFIED BY A SINGLE BOARD MEMBER OR MANAGEMENT COUNCIL MEMBER, AND PROVIDED, FURTHER, THAT A BOARD MEMBER OR MANAGEMENT COUNCIL MEMBER HAVING A DIRECT OR INDIRECT INTEREST IN A TRANSACTION SHALL NOT PARTICIPATE IN THE AUTHORIZATION, APPROVAL, OR RATIFICATION OF SUCH TRANSACTION. FOR PURPOSES OF THIS SECTION, A BOARD MEMBER OR MANAGEMENT COUNCIL MEMBER HAS AN INDIRECT INTEREST IN A TRANSACTION IF: 1. ANOTHER ENTITY IN WHICH SHE HAS A MATERIAL FINANCIAL INTEREST OR IN WHICH SHE IS A GENERAL PARTNER IS A PARTY TO THE TRANSACTION; OR 2. ANOTHER ENTITY OF WHICH SHE IS A DIRECTOR, OFFICER OR TRUSTEE IS A PARTY TO THE TRANSACTION AND THE TRANSACTION IS OR SHOULD BE CONSIDERED BY THE BOARD OR MANAGEMENT COUNCIL. IN CASES WHERE MATTERS COME BEFORE THE BOARD OR MANAGEMENT COUNCIL AND AN INDIVIDUAL BOARD MEMBER OR MANAGEMENT COUNCIL MEMBER HAS AN INTEREST, SHE SHALL DISCLOSE THAT INFORMATION TO THE BOARD OR MANAGEMENT COUNCIL. A CONFLICT OF INTEREST POLICY SHALL BE SIGNED NO LATER THAN THE FIRST MEETING OF THE NEW LEAGUE YEAR. SHE MAY THEN SERVE AS A RESOURCE DURING INITIAL DISCUSSION BUT SHOULD PHYSICALLY REMOVE HERSELF DURING THE DELIBERATIVE PROCESS ON A MOTION AND THE VOTE. IN ALL SUCH SITUATIONS THE MATTER SHOULD BE DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15 DATA COLLECTED AT NEW HIRE OF LEAGUE DIRECTOR IN 2022 THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022 FORM 990, PART VI, SECTION C, LINE 19 THE JUNIOR LEAGUE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PROVISION FOR INCOME TAXES -3,648.