2016-05-16T13:40:19-05:00 2015-12-31 560574444 CHERRY BEKAERT LLP 1111 Metropolitan Ave Ste 1000 Charlotte NC 28204 990 2015-01-01 560990900 NORTH CAROLINA ZOOLOGICAL SOCIETY INC NORT 3368797250 4403 ZOO PARKWAY ASHEBORO NC 27205 cheryl turner EXECUTIVE DIRECTOR 3368797250 2016-05-12 1 JANICE A RATICA P00358837 7043771678 2015 2016-09-27 15:27:22Z CHERYL TURNER 4403 ZOO PARKWAY ASHEBORO NC 27205 7372339 0 X WWW.NCZOO.COM X 1968 NC SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENTTHE MISSION OF THE NC ZOO SOCIETY IS TO CHAMPION OUR ZOO AND ITS INITIATIVES, WILDLIFE AND WILD PLACES, WITH AN EMPHASIS ON THE FUTURE. THE NC ZOO SOCIETY IS YOUR BRIDGE TO MORE THAN A ZOO VISIT. WE MAKE YOU A PARTNER IN THE ZOO'S GLOBAL EFFORTS TO SUPPORT ANIMAL WELL-BEING, CONSERVATION, EDUCATION, FIELD WORK, RESEARCH, AND WE WELCOME YOU INTOA FAMILY THAT CARES ABOUT NATURE. 13 12 53 30 0 0 4547654 4693460 0 0 875527 -294979 859739 824228 6282920 5222709 0 0 0 0 928036 987597 0 0 513066 4545683 4816793 5473719 5804390 809201 -581681 22226768 21324486 3161572 3089875 19065196 18234611 To champion our zoo and its initiatives, wildlife and wild places, with an emphasis on the future. 0 0 4193703 PROVIDE FINANCIAL AND PROMOTIONAL SUPPORT TO THE NC ZOOLOGICAL PARK AND ITS CAPITAL PROJECTS, OPERATIONS AND PROGRAM INITIATIVES - EDUCATIONAL, SCIENTIFIC AND WILDLIFE CONSERVATION. THE SOCIETY HAS PROVIDED FUNDS (AND MADE PURCHASES AT THE PARK'S REQUEST) FOR LARGE CAPITAL PROJECTS, ANIMAL AND HORTICULTURAL PURCHASES, WORKS OF ART, MARKETING, INFORMATION TECHNOLOGY, STAFFING, TRAINING, AND OPERATIONS OF A WILDLIFE REHABILITATION CENTER, A WILDLIFE LEARNING/RESIDENTIAL CENTER, AN EDUCATIONAL WEBSITE, AND OTHER PARK NEEDS. 943180 MEMBERSHIP SERVICES (INCLUDING INFORMATION AND REFERRAL, EDUCATION, MEMBER BENEFIT AND IDENTIFICATION ADMINISTRATION, RECORD-KEEPING AND SPECIAL EVENTS) EXTEND TO THE 27,000 MEMBER HOUSEHOLDS AND THE EMPLOYEES OF THE 135 BUSINESSES ENROLLED IN THE CORPORATE MEMBER PROGRAM, AS WELL AS ALL OF THE PEOPLE AROUND THE WORLD WHO BENEFIT FROM THE PROTECTION THE SOCIETY'S PROGRAMS EXTEND TO THE NATURAL RESOURCES THEY DEPEND ON FOR SURVIVAL. 46518 Through its support of Zoo education programs, the Society serves the more than 700,000 visitors (including approximately 100,000 N.C. school children) who come to the Park each year to learn about wildlife and the environment. 5183401 1 1 0 0 0 0 0 1 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 40 0 1 53 1 0 0 0 0 0 1 1 0 0 0 0 X 13 12 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X DOT GARNER 3368797254 4403 ZOO PARKWAY ASHEBORO NC 27205 Richard Carroll Director 0.30 X 0 0 0 Michael J Fisher Director 1.00 X 0 0 0 Minor T Hinson Director 0.60 X 0 0 0 Jim Klingler Director 0.80 X 0 0 0 Adam Orvos Director 0.30 X 0 0 0 john ruffin Director 0.70 X 0 0 0 Scott E Reed Director 0.80 X 0 0 0 kent varner Director 0.30 X 0 0 0 Charles M Winston Jr Director 0.70 X 0 0 0 Monty White Chair 4.20 X X 0 0 0 Nicole A Crawford Vice Chair 2.30 X X 0 0 0 Bill Currens Jr Treasurer 1.60 X X 0 0 0 Marjorie 'Missy' Rankin Secretary 0.40 X X 0 0 0 Cheryl Turner Executive Director 40.00 X 130332 0 20448 Dot Garner Finance Director 40.00 X 91455 0 17877 221787 0 38325 1 0 1 0 cr beaver 5655 regents park rd kernersville NC 27284 CONstruction 419128 progressive contracting company inc 143 charlotte ave ste 201 sanford NC 27330 Construction 120107 gann grading 3849 woodfern road asheboro NC 27203 construction 103263 3 2025442 124900 2543118 89607 4693460 377736 377736 672715 -672715 -672715 -672715 68327 124900 96726 -28399 -28399 2232816 1380189 852627 852627 5222709 0 0 529249 260112 122142 67100 70870 518989 401704 4908 112377 71909 53872 4812 13225 70177 52574 4697 12906 66410 44703 6124 15583 19500 19500 12804 3403 2157 7244 42722 42722 89906 68965 5682 15259 38283 27194 2597 8492 11825 5903 1880 4042 2717 726 1991 34431 24938 2794 6699 24589 17563 1597 5429 ZOO OPERATING EXPENSES 4193703 4193703 SPECIAL PROJECTS EXPENS 166378 46518 119860 NEW MEMBER SOLICITATION 96270 8129 88141 REPAIRS & MAINTENANCE 15143 11847 563 2733 68522 37295 1021 30206 5804390 5183401 107923 513066 419203 465835 736444 1130366 305599 419265 78586 71300 288412 305898 69193 77202 3958733 743267 3398475 3215466 15742515 14514454 1188341 1124700 22226768 21324486 2444072 2372375 717500 717500 3161572 3089875 X 13647916 12792037 4278984 4080626 1138296 1361948 19065196 18234611 22226768 21324486 X -581681 -42153 -206751 X X 0 1 X 1 0 X 4412790 9869787 4363370 4547654 4693460 27887061 31016 59312 59612 59312 59312 268564 4443806 9929099 4422982 4606966 4752772 28155625 4001375 24154250 244279 244418 296689 405237 377736 1568359 1089819 2315021 2345453 2391029 2301143 10442465 40166449 0.60140 0.61780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 19500 19500 5784890 5804390 440220 110055 0 0 393478 440220 833698 1250547 7700 19500 27200 98370 110055 208425 312638 8770 X CURRENTLY DISPLAYED IN OFFI 0 2057734 265454 -59000 1648 2262540 1292475 737084 36632 8457 2057734 1152617 25000 130038 15180 1292475 1016857 25000 116923 6163 1152617 1000673 29507 -9422 3901 1016857 0.23930 0.60200 0.15870 1 0 93700 2039549 2133249 1236342 403972 832370 93333 30416 62917 367357 247703 119654 128452 61176 67276 3215466 Trust beneficial interest 96205 F REAL ASSET FUNDS 551233 F Other Complimentary Strategies 549924 F us government obligations 1123435 F Stock & Bond Mutual Funds 5474125 F marketable corporate securities 6719532 F 14514454 CASH SURRENDER VALUE OF LIFE INSURANCE 4227 BENEFICIAL INTEREST IN CHARITABLE LEAD TRUST 1120473 1124700 X 5167893 -42153 97362 -206751 -151542 5319435 -96726 -96726 5222709 5998478 97362 96726 194088 5804390 0 5804390 Part III, Line 4: THE ART COLLECTION IS AN ARRAY OF PRINTS THAT ARE CURRENTLY DISPLAYED IN THE SOCIETY'S OFFICE. IN FUTURE YEARS, THE PRINTS WILL BE DONATED TO ZOO TO DO, AN ANNUAL FUNDRAISING EVENT, TO BE SOLD THROUGH AUCTIONS. THE PROCEEDS WILL BE USED TO SUPPORT THE NC ZOOLOGICAL PARK. Part V, Line 4: THE ENDOWMENT FUNDS ARE FOR THE BENEFIT OF THE ANIMALS AND/OR TO SUPPORT THE CONSERVATION PROGRAMS OF THE NC ZOOLOGICAL PARK. Part X, Line 2: The Society is a not-for-profit organization other than a private foundation that is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code. The Society received an original tax determination letter dated March 30, 1971 and an updated letter dated March 21, 2008. Accordingly, the accompanying financial statements do not include a provision for income taxes. The Society is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code. Management has evaluated the effect of the guidance provided by U.S. Generally Accepted Accounting Principles on Accounting for Uncertainty in Income Taxes this year. Management believes that the Society continues to satisfy the requirements of a tax-exempt organization at December 31, 2015. Management has evaluated all other tax positions that could have a significant effect on the financial statements and determined that the Society had no significant uncertain income tax positions at December 31, 2015. The Society's tax returns are not subject to examination prior to 2012. Part XI, Line 2d - Other Adjustments: CHANGE IN VALUE OF UNITRUST -64,205. DECLINE IN VALUE OF PROPERTY HELD FOR RESALE -142,546. Part XI, Line 4b - Other Adjustments: special event EXPENSES INCLUDED net of revenue on 990 -96,726. Part XII, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSES INCLUDED net of revenue on 990 96,726. ZOO TO DO 193227 124900 68327 1000 36043 9987 49696 193227 124900 68327 1000 36043 9987 49696 96726 -28399 X X X X 0 0 0 0 0 0 0 0 0 Cheryl Turner Executive Director 130332 0 0 0 0 0 8984 0 11464 0 150780 0 0 0 X 7 48195 Fair Market Value X 7 16700 fair market value X miscellaneous 14 24712 fair market value 0 0 1 1 Part I, Line 32b: The organization used a real estate broker to sell some donated property. Form 990, Part VI, Section A, line 4 Director terms were increased from 3 to 4 years. The chair or vice chair can now serve in that capacity for up to 3 years. Form 990, Part VI, Section B, line 11 THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR INDIVIDUAL REVIEW. IT IS REVIEWED IN DEPTH BY THE BOARD CHAIR AND FINANCE COMMITTEE. Form 990, Part VI, Section B, line 12c SOCIETY STAFF MEMBERS ARE REQUIRED TO READ AND SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. BOARD MEMBERS ARE REQUIRED TO READ AND SIGN THE CONFLICT OF INTEREST POLICY AS THEY BECOME A MEMBER. IF A POTENTIAL CONFLICT OF INTEREST ARISES, THE DIRECTOR OR EMPLOYEE MUST DISCLOSE THE POTENTIAL CONFLICT. THE DIRECTOR OR EMPLOYEE SHALL NOT VOTE ON NOR PARTICIPATE IN ANY ACTIVITIES WHEN HE OR SHE STANDS TO BENEFIT. FAILING TO COMPLY COULD LEAD TO disciplinary action, UP TO AND INCLUDING termination of employment or directorship. Form 990, Part VI, Section B, line 15 THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD'S COMPENSATION/Personnel COMMITTEE. THE COMPENSATION COMMITTEE WILL CONDUCT AN ANNUAL REVIEW USING COMPARABILITY DATA (FROM IRS FORMS 990 OF OTHER ORGANIZATIONS) AND FROM COMPENSATION STUDIES TO DETERMINE THE EXECUTIVE DIRECTOR'S SALARY. THE RESULTS OF THE REVIEW WILL BE PRESENTED TO THE FULL BOARD OF DIRECTORS FOR PRIOR REVIEW AND APPROVAL. DISCUSSIONS WILL BE DOCUMENTED IN THE MINUTES. THE DATA UPON WHICH THE DECISION WAS MADE WILL BE KEPT IN A PERMANENT RECORD. The Compensation/Personnel Committee reviews the Executive Director's recommendations for the compensation for the Directors of the various departments within the Zoo Society. Form 990, Part VI, Section C, line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, and financial statements ARE AVAILABLE UPON REQUEST AT THE SOCIETY'S OFFICE. THE 990s and FINANCIAL STATEMENTS ARE AVAILABLE ON THE SOCIETY'S WEBSITE. Form 990, Part XI, line 9: CHANGE IN VALUE OF UNITRUST -64,205. DECLINE IN VALUE OF PROPERTY HELD FOR SALE -142,546. FORM 990, PART XII, LINE 2C THE SOCIETY HAS A FINANCE COMMITTEE THAT ASSUMES RESPONSIBILTITY FOR THE OVERSIGHT OF THE AUDIT. THE FINANCE COMMITTEE MEETS WITH OUR INDEPENDENT ACCOUNTANTS ANNUALLY.