NEUSE ENTERPRISES INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: NEUSE ENTERPRISES INC (EIN 58-1466367)
Tax period: 2010-07-01 to 2011-06-30
Filed: 2011-11-14
IRS object ID: 201143189349302544
Schema version: 2010v3.4
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-11-14T11:55:24-05:00	Timestamp
Tax Period End Date	2011-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CONNIE H HUFFMAN CPA PA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 617	AddressLine1
City	PINK HILL	City
State	NC	State
ZIP Code	28572	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	581466367	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Neuse Enterprises Inc	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	NEUS	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 1715	AddressLine1
City	Kinston	City
State	NC	State
ZIP Code	28503	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Leon Deans	Name
Title	Executive Direc	Title
Phone	2525230817	Phone
Date Signed	2011-11-14	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Connie H Huffman	Name
Phone	2525682128	Phone
Date Prepared	2011-11-14	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Leon Deans	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	3800 Commerece Drive	AddressLine1
City	Kinston	City
State	NC	State
ZIP Code	28501	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	2334823	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1981	YearFormation
State Legal Domicile	NC	StateLegalDomicile
Activity Or Mission Description	Job training for the handicapped	ActivityOrMissionDescription
Nbr Voting Members Governing Body	10	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	10	NbrIndependentVotingMembers
Total Nbr Employees	292	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	2021436	ProgramServiceRevenuePriorYear
Program Service Revenue CY	2240338	ProgramServiceRevenueCY
Investment Income Prior Year	13057	InvestmentIncomePriorYear
Investment Income Current Year	3881	InvestmentIncomeCurrentYear
Other Revenue Prior Year	53015	OtherRevenuePriorYear
Other Revenue Current Year	57574	OtherRevenueCurrentYear
Total Revenue Prior Year	2087508	TotalRevenuePriorYear
Total Revenue Current Year	2301793	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1513594	SalariesEtcPriorYear
Salaries Etc Current Year	1831974	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	353922	OtherExpensePriorYear
Other Expenses Current Year	350013	OtherExpensesCurrentYear
Total Expenses Prior Year	1867516	TotalExpensesPriorYear
Total Expenses Current Year	2181987	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	219992	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	119806	RevenuesLessExpensesCY
Total Assets BOY	1970006	TotalAssetsBOY
Total Assets EOY	2126290	TotalAssetsEOY
Total Liabilities BOY	22503	TotalLiabilitiesBOY
Total Liabilities EOY	39594	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1947503	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	2086696	NetAssetsOrFundBalancesEOY
Mission Description	Job training for the handicapped	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	1755893	Expense
Revenue	2297912	Revenue
Description	Neuse Enterprises served approximately 157 clients for the purpose of providing personnel services and facilities for carrying a program of rehabilitation for adults with substantial vocational handicaps	Description
Total Program Service Expense	1755893	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	292	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	10	NbrVotingGoverningBodyMembers
Number Independent Voting Members	10	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Leon Deans	NamePerson
Telephone Number	2525230817	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	3800 Commerece Drive	AddressLine1
City	Kinston	City
State	NC	State
ZIP Code	28501	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	TitleTitle	Average Hours Per WeekAverageHoursPerWeek	OfficerOfficer
Al Gold
X	0	0	0
Bill Farrow
X	0	0	0
Burnestine Greene
X	0	0	0
Ed Mills
X	0	0	0	Treasuruer	1.00	X
Garland Loftin
X	0	0	0
Gerald Robinson
X	0	0	0	Chairman	1.00	X
Jimette Graham
X	0	0	0
Margaret Chase
X	0	0	0
Sally St John
X	0	0	0
Tina Jones
X	41334	0	0	OEI Director	40.00
Donald Joyner
	0	0	0	Vice Chairman	2.00	X
Leon Deans
	40628	0	0	Exec Director	40.00	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	81962	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
CONTRACT SERVICES	624310	699082	699082
MENTAL HEALTH REVENUE	624310	694397	694397
NC VOCATIONAL REHAB	624310	193718	193718
CLIENT PLACEMENTS	624310	11187	11187
CLIENT TRANSPORTATION	624310	32204	32204

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	609750	TotalRevenueColumn
Related Or Exempt Function Income	609750	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	2240338	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	5472	TotalRevenueColumn
Exclusion	$5,472	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	31439	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	33030	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	-1591	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-1591	TotalRevenueColumn
Exclusion	-$1,591	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER OPERATING REV	Description
Business Code	624310	BusinessCode
Total Revenue Column	57574	TotalRevenueColumn
Related Or Exempt Function Income	57574	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	57574	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2301793	TotalRevenueColumn
Related Or Exempt Function Income	2297912	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$3,881	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	104713	Total
Program Services	15092	ProgramServices
Management And General	89621	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1475135	Total
Program Services	1244985	ProgramServices
Management And General	230150	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	6709	Total
Program Services	5688	ProgramServices
Management And General	1021	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	91366	Total
Program Services	77460	ProgramServices
Management And General	13906	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	154051	Total
Program Services	116821	ProgramServices
Management And General	37230	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	12280	Total
Management And General	12280	ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	678	Total
Management And General	678	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	2999	Total
Management And General	2999	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	11744	Total
Program Services	9821	ProgramServices
Management And General	1923	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	69664	Total
Program Services	59249	ProgramServices
Management And General	10415	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	77960	Total
Program Services	69743	ProgramServices
Management And General	8217	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	42564	Total
Program Services	38047	ProgramServices
Management And General	4517	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
Telephone	12608	10008	2600
Miscellaneous	1886	1886
Vehicle & Transportation	58693	55432	3261
Dues & Subscriptions	2322		2322
Equipment Rental & Maintenan	8736	7024	1712

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	47879	Total
Program Services	44637	ProgramServices
Management And General	3242	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	2181987	Total
Program Services	1755893	ProgramServices
Management And General	426094	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	812987	BOY
EOY	982932	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	294124	BOY
EOY	339417	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	187361	BOY
EOY	113888	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1402410	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	858260	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	607558	BOY
EOY	544150	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	61686	BOY
EOY	89672	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	6290	BOY
EOY	56231	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1970006	BOY
EOY	2126290	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	22503	BOY
EOY	39594	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	22503	BOY
EOY	39594	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1947503	BOY
EOY	2086696	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1947503	BOY
EOY	2086696	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1970006	BOY
EOY	2126290	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	119806	ReconcilationRevenueExpenses
Reconcilation Other Changes	19387	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2315432	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2194282	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1985311	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2021437	CurrentTaxYearMinus1Year
Current Tax Year	2240338	CurrentTaxYear
Total	10756800	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2315432	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2194282	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1985311	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2021437	CurrentTaxYearMinus1Year
Current Tax Year	2240338	CurrentTaxYear
Total	10756800	Total

Field	Value	IRS element (for citing)
Public Support Total509	10756800	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	13828	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	21886	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	-8688	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	12257	CurrentTaxYearMinus1Year
Current Tax Year	3881	CurrentTaxYear
Total	43164	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	13828	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	21886	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	-8688	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	12257	CurrentTaxYearMinus1Year
Current Tax Year	3881	CurrentTaxYear
Total	43164	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	48436	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	38424	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	47223	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	53815	CurrentTaxYearMinus1Year
Current Tax Year	57574	CurrentTaxYear
Total	245472	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2377696	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2254592	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2023846	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2087509	CurrentTaxYearMinus1Year
Current Tax Year	2301793	CurrentTaxYear
Total	11045436	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.97390	PublicSupportPercentage509
Prior Year Support Percentage	0.97720	PriorYearSupportPercentage
Investment Income Percentage	0.00390	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.00420	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1402410	OtherCostOrOtherBasis
Depreciation	858260	Depreciation
Book Value	544150	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	544150	TotalOfBookValueLandBuildings

Other Assets OtherAssets (3 entries)

DescriptionDescription	Book ValueBookValue
Prepaid Insurance	3375
Deposits	52856
Net Loan Origi Fee

Field	Value	IRS element (for citing)
Total Book Value Other Assets	56231	TotalBookValueOtherAssets
Total Revenue	2301793	TotalRevenue
Total Expenses	2181987	TotalExpenses
Excess Or Deficit For Year	119806	ExcessOrDeficitForYear
Net Unrealized GL On Investments	19387	NetUnrealizedGLOnInvestments
Total Adjustments	19387	TotalAdjustments
Excess Or Deficit Per FS	139193	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	2321180	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	19387	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	19387	RevenueNotRptdF990
Revenue Subtotal	2301793	RevenueSubtotal
Total Revenue Per Form990	2301793	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	2181987	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	2181987	ExpensesSubtotal
Total Expenses Per Form990	2181987	TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	ExplanationExplanation
01. Members or stockholder classes and rights (Part VI, line 6)	The organization is organized as a non profit corporation
02. Form 990 governing body review (Part VI, line 11)	The Executive Director does a thorough review of the Form 990 on behalf of the governing body before he signs the return
03. Conflict of interest policy compliance (Part VI, line 12c)	The Executive Director monitors and enforces compliance with the written conflict of interest policy
04. Governing documents, etc, available to public (Part VI, line 19)	The organizations documents are open to public inspection upon request at the organizations site during regular business hours
05. Explanation of other changes in net assets or fund balances (Part XI, line 5)	Net unrealized gains losses on investments 19387

NEUSE ENTERPRISES INC: Form 990, tax year 2010

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Address Principal Officer US AddressPrincipalOfficerUS

The Books Are In Care Of TheBooksAreInCareOf

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

Program Service Revenue ProgramServiceRevenue (5 entries)

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Investment Income InvestmentIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Gain Or Loss GainOrLoss

Net Gain Or Loss Investments NetGainOrLossInvestments

Other Revenue Misc OtherRevenueMisc

Total Revenue TotalRevenue

Comp Current Officers Directors CompCurrentOfficersDirectors

Other Salaries And Wages OtherSalariesAndWages

Pension Plan Contributions PensionPlanContributions

Other Employee Benefits OtherEmployeeBenefits

Payroll Taxes PayrollTaxes

Fees For Services Accounting FeesForServicesAccounting

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Advertising Advertising

Office Expenses OfficeExpenses

Occupancy Occupancy

Depreciation Depletion DepreciationDepletion

Insurance Insurance

Other Expenses OtherExpenses (5 entries)

All Other Expenses AllOtherExpenses

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Accounts Receivable AccountsReceivable

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Other Assets Total OtherAssetsTotal

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Total Liabilities TotalLiabilities

Unrestricted Net Assets UnrestrictedNetAssets

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Schedule A IRS990ScheduleA

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Total509 Total509

Gross Investment Income509 GrossInvestmentIncome509

Investment Income And UBTI InvestmentIncomeAndUBTI

Other Income509 OtherIncome509

Total Support Total TotalSupportTotal

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

Other Assets OtherAssets (3 entries)

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Comments