Public Charity

NORTH CAROLINA PETROLEUM & CONVENIENCE MARKETERS INC

NORTH CAROLINA PETROLEUM & CONVENIENCE MARKETERS INC is a Public Charity headquartered in RALEIGH, NC. Financial data from the 2025 filing: $2.6M revenue, $2.5M expenses, $4.5M total assets. IRS filings disclose 2 grants awarded by this foundation, totaling roughly $34K.

EIN: 560340977 RALEIGH, NC Latest filing: 2025
Total Revenue$2.6M
Total Expenses$2.5M
Total Assets$4.5M
Grants Given2
Grant Total$34K
Filing Years2020–2025

Mission

THE ASSOCIATION EXISTS FOR THE SOLE PURPOSE OF PROMOTING THE WELFARE AND PROTECTING THE INTEREST OF THOSE ENGAGED IN MARKETING AND DISTRIBUTION OF PETROLEUM PRODUCTS IN NORTH CAROLINA.

Where $100 goes at North Carolina Petroleum & Convenience Marketers Inc

How North Carolina Petroleum & Convenience Marketers Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$88 Programs the work itself
$12 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $88 for programs

$52
The association promotes the welfare and protects the interest of those engaged in marketing and distribution of petroleum products in north carolina
59% of program spending
$18
The association conducts a summer convention and periodic workshops to help promote the petroleum and convenience marketers and conduct the business of the association
21% of program spending
$18
The association sponsors a 2-day trade show and exposition that features the latest in retail and petroleum technology and marketing, educational seminars, as well as networking with industry…
20% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

Raleigh, NC · 2025
Promoting the merits of fuel oil by educating and informing the public about the benefits of fuel oil for heating and other purposes.
$16,000
Raleigh, NC · 2024
Promoting the merits of fuel oil by educating and informing the public about the benefits of fuel oil for heating and other purposes.
$18,000

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Alex Kennedy
BOARD MEMBER Angela Clinard
IMMEDIATE PAST PRESIDENT Beau Waddell
BOARD MEMBER Becky Fisher Rice
BOARD MEMBER Candice Fulcher
BOARD MEMBER Davis Clark

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$34,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.6M $2.5M $4.5M
2024 $2.4M $2.2M $4.2M
2023 $2.1M $2.1M $3.9M
2022 $2.0M $2.0M $3.7M
2020 $2.2M $1.3M $3.7M

Between 2020 and 2025, reported annual revenue grew from $2.2M to $2.6M (+18%), with total assets most recently reported at $4.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NC.

NC

Full geographic grant map with state-by-state breakdown available with membership.

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