Public Charity

North Carolina Employee Ownership Center

North Carolina Employee Ownership Center is a nonprofit organization categorized as Public Charity based in Durham, NC. Its most recent IRS filing (2025) reports revenue of $321K, expenses of $225K, total assets of $275K. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $362K.

EIN: 841779855 Durham, NC Latest filing: 2025
Total Revenue$321K
Total Expenses$225K
Total Assets$275K
Grant Records9
Funding Total$362K
Filing Years2021–2025

Mission

THE NORTH CAROLINA EMPLOYEE OWNERSHIP CENTER IS AN EDUCATIONAL NONPROFIT WHOSE MISSION IS TO PROTECT JOBS, INCREASE COMMUNITY WEALTH, AND CREATE A MORE VIBRANT, INCLUSIVE ECONOMY THROUGH EMPLOYEE OWNERSHIP.

Sample Grants Received

2024
1 grant(s) for varying purposes
$50,000
2024
CONTINUING SUPPORT
$44,804
2024
GENERAL SUPPORT. BY TOM FEHSENFELD, 208 CUMBERLAND AVE, ASHEVILLE, NC 28801
$15,000
2023
GENERAL SUPPORT
$15,000
2022
2 GRANT(S) FOR VARYING PURPOSES
$150,000

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

Secretary Aaron Dawson
Trustee Andrew Foster
Vice President Colin Kiser
Trustee Gale Marett
Executive Dir. Illa Burbank
Treasurer La-Tasha Best-Gaddy

Officer compensation and complete director data available with membership.

Top Grant Purposes

2 GRANT(S) FOR VARYING PURPOSES
$150,000 1 grant
INITIAL GRANT FOR STARTUP COSTS.
$71,477 2 grants
1 grant(s) for varying purposes
$50,000 1 grant
CONTINUING SUPPORT
$44,804 1 grant
GENERAL SUPPORT. BY TOM FEHSENFELD, 208 CUMBERLAND AVE, ASHEVILLE, NC 28801
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $321K $225K $275K
2024 $165K $216K $173K
2023 $250K $157K $219K
2022 $216K $149K $124K
2021 $104K $94K $62K

Between 2021 and 2025, reported annual revenue grew from $104K to $321K (+209%), with total assets most recently reported at $275K.

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

See the full picture for North Carolina Employee Ownership Center

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