Agcarefirst

Raleigh, NCUnknown exempt organization EIN 82-4689191Revenue $2K in FY2023Latest return filed Jan 30, 2025

On file with the IRSRaleigh, NC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

Agcarefirst trust provides health benefits to the employees of participating employers, all of whom are engaged in the agricultural industry in the states of north carolina, south carolina and virginia and are members of the north carolina farm bureau federation.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-4689191) · Dispute this line
Mission: Form 990 Part I, line 1

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average surplus $149K a year · 1% of revenue · last 4 filings
A surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
6 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$2K
+101% vs prior year
Spent
$37K
To programs
0%
Net assets
$0
By yearFY2020–FY2023
Revenue
$2K
FY2023▲ +101%
Tap a bar for its year
Revenue by fiscal year
FY2020$21.6M
FY2021$20.4M
FY2022−$210K
FY2023$2K
Expenses
$37K
FY2023▼ -91%
Tap a bar for its year
Expenses by fiscal year
FY2020$19.0M
FY2021$21.7M
FY2022$418K
FY2023$37K
Net assets
$0
FY2023▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.2M
FY2021$4.4M
FY2022$4.5M
FY2023$0

From the FY2023 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Agcarefirst executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides health benefits to agricultural workers in North Carolina, South Carolina, and Virginia.

Questions for Agcarefirst

Tap to ask. Agcarefirst sees how many people are interested.

Your first name shows with your question. Agcarefirst answers here, for everyone.

1 program · in their own filed words · FY2023
01

Agcarefirst trust provides health benefits to the employees of participating employers, all of whom are engaged in the agricultural industry in the states of north carolina, south carolina and virginia and are members of north carolina farm bureau federation. Health claims incurred was 0

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-4689191) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2K
Ln 12
Gifts and grantsLn 1h$2K
Money outPt IX
$37K
Ln 25
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2K
Total revenueLn 12$2K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Total assetsLn 16$5.0M$0
LiabilitiesLn 26$553K$0
Net assetsLn 32$4.5M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$22K
Accounting feesLn 11c$15K
Other expenses (24a–d)Ln 24$33
Total functional expensesLn 25$37K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest ViewingFiled with the IRS Jan 30, 2025 $2K$37K−$35K$0 990 PDF
FY2022Filed with the IRS Nov 14, 2023 −$210K$418K−$627K$4.5M 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $20.4M$21.7M−$1.3M$4.4M 990 PDF
FY2020Filed with the IRS Nov 12, 2021 $21.6M$19.0M$2.6M$6.2M 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $1,696 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $106,596$1,696
I-9 Program service revenue$0
I-10 Investment incomePrior year −$316,326$0
I-11 Other revenue$0
I-12 Total revenuePrior year −$209,730$1,696
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $417,621$37,171
I-18 Total expensesPrior year $417,621$37,171
I-19 Revenue less expensesPrior year −$627,351−$35,475
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,696 across 3 lines filed
VIII-1f All other contributions, gifts and grants$1,696
VIII-1h Total contributions, gifts and grants$1,696
VIII-12 Total revenue$1,696
Part IX · Statement of functional expenses $37,171 across 3 lines filed
IX-11b Legal fees$21,863
IX-11c Accounting fees$15,275
IX-24 Other expenses (24a–d)$33
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$37,171
Part X · Balance sheet $0 assets, 4 lines filed
X-16 Total assetsStart of year $5,007,217$0
X-26 Total liabilitiesStart of year $552,696$0
X-32 Total net assets or fund balancesStart of year $4,454,521$0
X-33 Total liabilities and net assetsStart of year $5,007,217$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$1,696
XI-2 Total expenses$37,171
XI-3 Revenue less expenses−$35,475
XI-4 Net assets at start of year$4,454,521
XI-9 Other changes in net assets−$4,419,046
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.