North Carolina Broadband Cooperative

501(c)(6) organization Raleigh, NC EIN: 56-2210922

The purpose of the coalition shall be to promote interests, welfare and common good of North Carolina telephone membership cooperatives and to deal by lawful means with common problems and concerns of its members.

Key facts about North Carolina Broadband Cooperative

In short: North Carolina Broadband Cooperative gave $50K across 1 grant in 2025 (avg $50K), mostly in North Carolina. Source: 2025 IRS Form 990.

EIN
56-2210922
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$50,000
Grants made (2025)
1
Average grant
$50,000
Median grant
$50,000
Total assets
$259,478
Primary geography
North Carolina (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$259K

+28.7% YoY

Annual Giving

$50K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$50K

+0.0% YoY

About North Carolina Broadband Cooperative

Based on IRS filings

North Carolina Broadband Cooperative is a public charity focused on Community Improvement & Capacity Building, based in Raleigh, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $259K in total assets. In 2025, it awarded 1 grant totaling $50K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

Cities

Chapel Hill

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2020 0 grants2021 0 grants2022 0 grants2023 1 grant2024 1 grant2025

From 2024 to 2025, annual grant giving ranged from $50K (2024) to $50K (2025). In 2025 it made 1 grant totaling $50K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

UNC Health Foundation - UNC Children's Grant Fund: $50KUNC Health Foundation - UNCChildren's Grant Fund$50K

The largest 2025 recipient was UNC Health Foundation - UNC Children's Grant Fund ($50K).

Grant Size Distribution

2 grants across all recorded years

<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 2 grants of 2 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
UNC Health Foundation - UNC Children's Grant Fund Chapel Hill, NCTo support the unc health foundation's program for children's virtual care in rural areas.$50,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$200K$400K$600K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$259,478$201,670$203,537
Revenue$422,054$297,800$332,933
Expenses$364,246$302,817$302,973

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS July 28, 2025)
  2. Added Form 990 for fiscal year 2025 (received by the IRS July 21, 2026)

Leadership & Key People

Officers and directors from IRS filings

North Carolina Broadband Cooperative is led by Keith Holden, President since 2024 (on filings since 2020); none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Keith Holden

    President

    Vice President → President, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Eric Cramer

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Kim Garner

    Director

    President → Director, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Kim Shepherd

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Richard Parker

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Dwight Allen

    Executive Vice President

    On filings since 2020

    40 hrs/week

    $12K (2020) → $0 (2025)

  • Ken Mills

    Vice President

    Director → Vice President, 2024

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Donna Bullard

    Secretary & Treasurer

    On filings since 2023

    2 hrs/week

    No compensation reported

Former officers (2)
  • Former: Jeff Nethercutt (2020–2022) — Secretary & Treasurer
  • Former: Mitzie Branon (2020) — Secretary & Treasurer

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

No officer or director reported compensation in the available filings.

Frequently asked questions about North Carolina Broadband Cooperative

How much does North Carolina Broadband Cooperative give each year?

North Carolina Broadband Cooperative gave $50K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $50K across 1 grant.

How large is North Carolina Broadband Cooperative?

North Carolina Broadband Cooperative reported $259K in total assets on its 2025 IRS Form 990. Its revenue that year was $422K.

What is North Carolina Broadband Cooperative?

North Carolina Broadband Cooperative is a public charity focused on Community Improvement & Capacity Building, based in Raleigh, NC. It holds $259K in total assets as of 2025.

Where does North Carolina Broadband Cooperative operate?

North Carolina Broadband Cooperative has awarded grants in North Carolina.

What is North Carolina Broadband Cooperative's EIN?

North Carolina Broadband Cooperative's EIN (Employer Identification Number) is 56-2210922. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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