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Employer Identification Number 56-2097995

RAI DEVELOPMENT CORPORATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:RAI DEVELOPMENT CORPORATION
Employer identification number (EIN):56-2097995
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationNorth Carolina, NC

Organization Overview

Mission StatementRAI IS A DEVELOPMENT CORPORATION WHOSE PURPOSE IS TO HOLD TITLE FOR REAL PROPERTY FOR ANOTHER TAX-EXEMPT ORGANIZATION.
Number of Employees0
Number of Volunteers2
Year Formed1996

Organization Governance

Legal DomicileNC
Voting Members - Governing Body3
Voting Members - Independent2

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 302,710
Program Service Revenue from current yearUSD $ 107,460
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 111,460
Net assets / fund balances at end of fiscal yearUSD $ 443,907
Net assets / fund balances at beginning of fiscal yearUSD $ 456,185
Total liabilities at end of fiscal yearUSD $ 266,778
Total liabilities at beginning of fiscal yearUSD $ 318,446
Total assets at end of fiscal yearUSD $ 710,685
Total assets at beginning of fiscal yearUSD $ 774,631
Revenues less expenses for current yearUSD $ -12,278
Revenues less expenses for previous yearUSD $ 54,670
Total expenses for current yearUSD $ 123,738
Total expenses for previous yearUSD $ 248,040
Other expenses in current yearUSD $ 123,738
Other expenses in previous yearUSD $ 248,040
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 111,460
Total revenue in previous fiscal yearUSD $ 302,710
Contributions and grants from current yearUSD $ 4,000
Contributions and grants from previous yearUSD $ 0
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 323,660
Program Service Revenue from current yearUSD $ 302,710
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 302,710
Net assets / fund balances at end of fiscal yearUSD $ 456,185
Net assets / fund balances at beginning of fiscal yearUSD $ 401,515
Total liabilities at end of fiscal yearUSD $ 318,446
Total liabilities at beginning of fiscal yearUSD $ 372,869
Total assets at end of fiscal yearUSD $ 774,631
Total assets at beginning of fiscal yearUSD $ 774,384
Revenues less expenses for current yearUSD $ 54,670
Revenues less expenses for previous yearUSD $ 67,522
Total expenses for current yearUSD $ 248,040
Total expenses for previous yearUSD $ 256,138
Other expenses in current yearUSD $ 248,040
Other expenses in previous yearUSD $ 256,138
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 302,710
Total revenue in previous fiscal yearUSD $ 323,660
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 139,415
Program Service Revenue from current yearUSD $ 323,660
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 323,660
Net assets / fund balances at end of fiscal yearUSD $ 401,515
Net assets / fund balances at beginning of fiscal yearUSD $ 333,993
Total liabilities at end of fiscal yearUSD $ 372,869
Total liabilities at beginning of fiscal yearUSD $ 424,524
Total assets at end of fiscal yearUSD $ 774,384
Total assets at beginning of fiscal yearUSD $ 758,517
Revenues less expenses for current yearUSD $ 67,522
Revenues less expenses for previous yearUSD $ 64,888
Total expenses for current yearUSD $ 256,138
Total expenses for previous yearUSD $ 74,527
Other expenses in current yearUSD $ 256,138
Other expenses in previous yearUSD $ 74,527
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 323,660
Total revenue in previous fiscal yearUSD $ 139,415
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 107,860
Program Service Revenue from current yearUSD $ 139,415
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 139,415
Net assets / fund balances at end of fiscal yearUSD $ 333,993
Net assets / fund balances at beginning of fiscal yearUSD $ 277,460
Total liabilities at end of fiscal yearUSD $ 424,524
Total liabilities at beginning of fiscal yearUSD $ 473,542
Total assets at end of fiscal yearUSD $ 758,517
Total assets at beginning of fiscal yearUSD $ 751,002
Revenues less expenses for current yearUSD $ 64,888
Revenues less expenses for previous yearUSD $ 15,488
Total expenses for current yearUSD $ 74,527
Total expenses for previous yearUSD $ 92,372
Other expenses in current yearUSD $ 74,527
Other expenses in previous yearUSD $ 92,372
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 139,415
Total revenue in previous fiscal yearUSD $ 107,860
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2019-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 95,460
Program Service Revenue from current yearUSD $ 107,860
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 107,860
Net assets / fund balances at end of fiscal yearUSD $ 277,460
Net assets / fund balances at beginning of fiscal yearUSD $ 261,972
Total liabilities at end of fiscal yearUSD $ 473,542
Total liabilities at beginning of fiscal yearUSD $ 520,826
Total assets at end of fiscal yearUSD $ 751,002
Total assets at beginning of fiscal yearUSD $ 782,798
Revenues less expenses for current yearUSD $ 15,488
Revenues less expenses for previous yearUSD $ 32,072
Total expenses for current yearUSD $ 92,372
Total expenses for previous yearUSD $ 63,388
Other expenses in current yearUSD $ 92,372
Other expenses in previous yearUSD $ 63,388
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 107,860
Total revenue in previous fiscal yearUSD $ 95,460
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 103,415
Program Service Revenue from current yearUSD $ 95,460
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 95,460
Net assets / fund balances at end of fiscal yearUSD $ 261,972
Net assets / fund balances at beginning of fiscal yearUSD $ 229,900
Total liabilities at end of fiscal yearUSD $ 520,826
Total liabilities at beginning of fiscal yearUSD $ 564,241
Total assets at end of fiscal yearUSD $ 782,798
Total assets at beginning of fiscal yearUSD $ 794,141
Revenues less expenses for current yearUSD $ 32,072
Revenues less expenses for previous yearUSD $ 28,340
Total expenses for current yearUSD $ 63,388
Total expenses for previous yearUSD $ 75,075
Other expenses in current yearUSD $ 63,388
Other expenses in previous yearUSD $ 75,075
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 95,460
Total revenue in previous fiscal yearUSD $ 103,415
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2015-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 95,460
Program Service Revenue from current yearUSD $ 95,460
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 95,460
Net assets / fund balances at end of fiscal yearUSD $ 173,473
Net assets / fund balances at beginning of fiscal yearUSD $ 149,030
Total liabilities at end of fiscal yearUSD $ 647,050
Total liabilities at beginning of fiscal yearUSD $ 711,200
Total assets at end of fiscal yearUSD $ 820,523
Total assets at beginning of fiscal yearUSD $ 860,230
Revenues less expenses for current yearUSD $ 24,443
Revenues less expenses for previous yearUSD $ 27,218
Total expenses for current yearUSD $ 71,017
Total expenses for previous yearUSD $ 68,242
Other expenses in current yearUSD $ 71,017
Other expenses in previous yearUSD $ 68,242
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 95,460
Total revenue in previous fiscal yearUSD $ 95,460
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 562097995

USA Mailing Address
550 SMITH LEVEL ROAD
CARRBORO
NC
27510
Date first seen: 2007-01-01
Date last seen: 2024-07-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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