Small Public Charity

NORTH CAROLINA MUNICIPAL LEASING CORPORATION

Based in WINSTONSALEM, NC, NORTH CAROLINA MUNICIPAL LEASING CORPORATION operates as a Small Public Charity.

EIN: 561478293 WINSTONSALEM, NC Support N.E.C. NTEE: W19 Latest filing: 2025

Mission

THE CORPORATION ISSUES PASS-THROUGH CERTIFICATES (LIMITED OBLIGATION BONDS) THAT ENTITLE THE HOLDERS THEREOF TO RECEIVE TAX-EXEMPT INTEREST PAID BY THE CITY ON A TAX-EXEMPT OBLIGATION, SUCH AS AN INSTALLMENT FINANCING CONTRACT.

Where $100 goes at North Carolina Municipal Leasing Corporation

How North Carolina Municipal Leasing Corporation divides every $100 it spends, from its own Form 990-EZ filings, averaged across 7 years.

$99 Programs the work itself
$1 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $99 for programs

$50
During the fiscal year ending 6/30/2023, the corporation discovered land that was mistakenly put in the name of the corporation rather than the city of winston-salem, the organization…
50% of program spending
$49
The corporation issues pass-through certificates (limited obligation bonds) that entitle the holders thereof to receive tax-exempt interest paid by the city on a tax-exempt obligation, such as an…
50% of program spending
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Source: Form 990-EZ 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

ASSISTANT SECRETARY Amanda Hamby
PRESIDENT/DIRECTOR Kelly Latham
VICE PRESIDENT Nora Cowen
SECRETARY/ TREASURER Rory Davis

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 — — —
2024 — $407K —
2023 — — $407K
2022 — — —
2021 $4.8M $4.8M $123.1M

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

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