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Governance Register
US nonprofit · EIN 562002871 · Mount Olive, NCiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 562002871) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PF), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Southern Bank Foundation's network

11 people9 organisationsi11 people and 9 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (11). Violet dotted lines (9) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

11 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record.
NameRole as filedSinceOn the board
Dan R EllisVice President & Investment Officer2020
6 yrs
David L SaulsTreasurer2020
6 yrs
Drew M CovertPresident & Director2020
6 yrs
Genetta B GoodmanAssistant Treasurer2020
6 yrs
Hope H BryantDirector2020
6 yrs
Hope M FieldsCompany secretary2022
4 yrs
John C Pegram JRDirector2020
6 yrs
John H GrayAssistant Treasurer2022
4 yrs
Julian R AycockDirector2020
6 yrs
Lisa R SandersonAssistant Secretary2020
6 yrs
William H BryanDirector2020
6 yrs
Under 5 years5 to 6 years6 years or moreShow all 11 →

About

Legal name
Southern Bank Foundation
EIN
562002871
Address
Po Box 729, Mount Olive, NC, 28365-0729
State
North Carolina
Activity (NTEE)
T22Z Philanthropy, voluntary services and grantmaking
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Philanthropy, Voluntarism & Grantmaking Foundations
Size band
8 (IRS master file code)
IRS ruling date
1 October 1997
Status
Code 01 (unconditional exemption)
Form 990 filings on record
2, latest 2022
IRS Publication 78
PF (contributions deductible)

Most connected

Longest observed on the filings

≥6years on the filingsDan R Ellis
≥6years on the filingsDavid L Sauls
≥6years on the filingsDrew M Covert
≥6years on the filingsGenetta B Goodman

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$0$1.2mDeficit $1.2m

As filed on the IRS Form 990. US dollars.