Public Charity

NICOTINE RESOURCE CONSORTIUM INC

NICOTINE RESOURCE CONSORTIUM INC, of RALEIGH, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $3.1M in revenue, $2.8M in expenses, $672K in total assets.

EIN: 222820327 RALEIGH, NC Chambers of Commerce & Business Leagues NTEE: S41 Latest filing: 2025

Total Revenue$3.1M

Total Expenses$2.8M

Total Assets$672K

Grant Records0

Filing Years2021–2025

Mission

THE NICOTINE RESOURCE CONSORTIUM, INC (FORMERLY TOBACCO MERCHANTS ASSOCIATION, INC.) WAS FOUNDED IN 1915 TO MANAGE INFORMATION RELEVANT TO THE TOBACCO INDUSTRY. THE ORGANIZATION IS AN INTERNATIONAL TRADE ASSOCIATION DEDICATED TO PROVIDING INDUSTRY INFORMATION TO ITS MEMBERS, WHO INCLUDE PRODUCT MANUFACTURERS, INDUSTRY SUPPLIERS, FINANCIAL INSTITUTIONS, INTERNATIONAL LEAF DEALERS, DISTRIBUTORS, AND RETAILERS INVOLVED IN THE TOBACCO INDUSTRY AND RESPONDS TO PUBLIC INQUIRES FOR TOBACCO INFORMATION FROM THE MEDIA, GOVERNMENT AND ACADEMIC INSTITUTIONS INCLUDING STUDENTS.THE ASSOCIATION DOES NOT LOBBY GOVERNMENT.

Where $100 goes at Nicotine Resource Consortium Inc

How Nicotine Resource Consortium Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$87 Programs the work itself

$13 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 $87 for programs

$87

The Nicotine Resource Consortium was founded to manage information relevant to the tobacco industry

All program spending

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.

Officers & Directors

DIRECTOR Benjamin Dessart

DIRECTOR Beth Oliva

DIRECTOR Brandie Davis

DIRECTOR Brittani Cushman

DIRECTOR Carl Ioos

DIRECTOR Carole Folmar

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2025	$3.1M	$2.8M	$672K
2024	$4.3M	$4.7M	$576K
2023	$4.4M	$4.9M	$895K
2022	$4.7M	$4.7M	$1.5M
2021	$4.3M	$4.0M	$1.1M

Between 2021 and 2025, reported annual revenue declined from $4.3M to $3.1M (-28%), with total assets most recently reported at $672K.

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

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