Civic Intelligence

Union County Economic Development Growth Enterprise Inc.

990EZ • Fiscal year 2023 • EIN 20-0533572

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 17, 2023

3509 Old Charlotte HighwayMonroe, NC 28110

(704) 282-5780

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.06x

Higher debt load relative to assets than 73% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

0.07x

Higher debt load relative to revenue than 76% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Net Margin

89th percentile

62%

Higher net margin than 89% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Asset Growth

91st percentile

106%

Faster asset growth than 91% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

125%

Faster revenue growth than 90% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$128,322

Up $65,907 (+106%) from 2022

Net Assets

Up

$120,397

Up $65,907 (+121%) from 2022

Liabilities

Flat

$7,925

Flat from 2022

Revenue

Up

$106,005

Up $58,976 (+125%) from 2022

Expenses

Up

$40,098

Up $6,393 (+19%) from 2022

Net Income

Up

$65,907

Up $52,583 (+395%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $514,864Liabilities 2011: $13,918Net Assets 2011: $500,9462011Assets 2012: $644,662Liabilities 2012: $5,114Net Assets 2012: $639,5482012Assets 2013: $411,895Liabilities 2013: $250Net Assets 2013: $411,6452013Assets 2014: $405,023Liabilities 2014: $500Net Assets 2014: $404,5232014Assets 2015: $401,603Liabilities 2015: $930Net Assets 2015: $400,6732015Assets 2016: $395,045Liabilities 2016: $0Net Assets 2016: $395,0452016Assets 2017: $7,312Liabilities 2017: $0Net Assets 2017: $7,3122017Assets 2018: $5,042Liabilities 2018: $02018Assets 2019: $4,252Liabilities 2019: $02019Assets 2020: $12,040Liabilities 2020: $0Net Assets 2020: $12,0402020Assets 2021: $49,719Liabilities 2021: $8,553Net Assets 2021: $41,1662021Assets 2022: $62,415Liabilities 2022: $7,925Net Assets 2022: $54,4902022Assets 2023: $128,322Liabilities 2023: $7,925Net Assets 2023: $120,3972023Assets 2024: $104,839Liabilities 2024: $9,485Net Assets 2024: $95,3542024

Highlighted filing

2023

Assets$128,322
Liabilities$7,925
Net Assets$120,397

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $539,7022011Expenses 2012: $469,3462012Revenue 2013: -$1,274Expenses 2013: $226,629Net Income 2013: -$227,9032013Revenue 2014: $191Expenses 2014: $7,313Net Income 2014: -$7,1222014Revenue 2015: $191Expenses 2015: $4,040Net Income 2015: -$3,8492015Revenue 2016: $192Expenses 2016: $5,820Net Income 2016: -$5,6282016Revenue 2017: $280Expenses 2017: $388,013Net Income 2017: -$387,7332017Revenue 2018: $200Expenses 2018: $2,470Net Income 2018: -$2,2702018Revenue 2019: $6,000Expenses 2019: $6,790Net Income 2019: -$7902019Revenue 2020: $65,394Expenses 2020: $57,606Net Income 2020: $7,7882020Revenue 2021: $45,575Expenses 2021: $16,449Net Income 2021: $29,1262021Revenue 2022: $47,029Expenses 2022: $33,705Net Income 2022: $13,3242022Revenue 2023: $106,005Expenses 2023: $40,098Net Income 2023: $65,9072023Revenue 2024: $73,064Expenses 2024: $98,107Net Income 2024: -$25,0432024

Highlighted filing

2023

Revenue$106,005
Expenses$40,098
Net Income$65,907
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 17, 2023
Return Version
2022v5.0
Gross Receipts
$106,005
Mission and Program Overview

Mission

Provide economic development services in union co, nc

Program Services

DescriptionGrantsExpenses
PURSUED PROGRAMS TO GENERATE BUSINESS ACTIVITY FROM NEW BUSINESS RECRUITMENT$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS PLATE'President & CEO-$0--
DR RHETT BROWNBoard Member-$0--
GENE ROBBINSChairman-$0--
RON BROWNVice-Chairman-$0--
MICHAEL LUTESSecretary/Treasurer-$0--
JACK HARGETTBoard Member-$0--
HUNTER DALTONBoard Member-$0--
CHRIS DICKERSONBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Union County Economic Development Growth
EIN
20-0533572
Phone
7042825780
Address
3509 OLD CHARLOTTE HIGHWAY, MONROE, NC 28110

Signing Officer

Name
CHRIS PLATE'
Title
President
Phone
7042825780
Signed
2023-10-17
Discuss with paid preparer
Yes

Preparer

Firm
Potter & Company Pa
Address
114 N CHURCH STREET, MONROE, NC 28112
Preparer
John W Kapelar CPA
Phone
7042838189
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: other income. Amount: 30,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: accounting fees. Amount: 807. Description: bank service fees. Amount: 450. Description: economic development activities. Amount: 165. Description: insurance. Amount: 1,277. Description: depreciation. Amount: 1,711. Description: public relations. Amount: 2,951. Description: special events. Amount: 27,831. Description: software costs. Amount: 2,355. Description: vehicle expense. Amount: 614. Description: miscellaneous expenses. Amount: 242. Description: meetings. Amount: 62. Description: meals. Amount: 1,633. Total to form 990-ez, line 16: 40,098.

Form 990-ez, Part II, Line 24 - Other Assets

Description: promises to give. Beg. Of year amount: 1,000. End of year amount: 0. Description: accounts receivable com cc charges. Beg. Of year amount: 5,112. End of year amount: 5,969. Description: private/town receivable. Beg. Of year amount: 1,000. End of year amount: 30,000. Description: other depreciable assets. Beg. Of year amount: 13,551. End of year amount: 18,850.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: prior period adjustment. Beg. Of year amount: 7,925. End of year amount: 7,925.

Raw XML Appendix177 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRIS PLATE'
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DR RHETT BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GENE ROBBINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RON BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MICHAEL LUTES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JACK HARGETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6HUNTER DALTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7CHRIS DICKERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE-CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherRevenueTotalAmt030000
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE ECONOMIC DEVELOPMENT SERVICES IN UNION CO, NC
IRS990EZ/ProgramServiceRevenueAmt066005
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt040098
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0106005
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt076005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt047029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt045575
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt065294
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06000
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0239903
IRS990ScheduleA/TotalSupportAmt0239903
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OTHER INCOME. AMOUNT: 30,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTING FEES. AMOUNT: 807. DESCRIPTION: BANK SERVICE FEES. AMOUNT: 450. DESCRIPTION: ECONOMIC DEVELOPMENT ACTIVITIES. AMOUNT: 165. DESCRIPTION: INSURANCE. AMOUNT: 1,277. DESCRIPTION: DEPRECIATION. AMOUNT: 1,711. DESCRIPTION: PUBLIC RELATIONS. AMOUNT: 2,951. DESCRIPTION: SPECIAL EVENTS. AMOUNT: 27,831. DESCRIPTION: SOFTWARE COSTS. AMOUNT: 2,355. DESCRIPTION: VEHICLE EXPENSE. AMOUNT: 614. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 242. DESCRIPTION: MEETINGS. AMOUNT: 62. DESCRIPTION: MEALS. AMOUNT: 1,633. TOTAL TO FORM 990-EZ, LINE 16: 40,098.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PROMISES TO GIVE. BEG. OF YEAR AMOUNT: 1,000. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCOUNTS RECEIVABLE COM CC CHARGES. BEG. OF YEAR AMOUNT: 5,112. END OF YEAR AMOUNT: 5,969. DESCRIPTION: PRIVATE/TOWN RECEIVABLE. BEG. OF YEAR AMOUNT: 1,000. END OF YEAR AMOUNT: 30,000. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 13,551. END OF YEAR AMOUNT: 18,850.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PRIOR PERIOD ADJUSTMENT. BEG. OF YEAR AMOUNT: 7,925. END OF YEAR AMOUNT: 7,925.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS PLATE'
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07042825780
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UNION COUNTY ECONOMIC DEVELOPMENT GROWTH
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ENTERPRISE INC
ReturnHeader/Filer/BusinessNameControlTxt0UNIO
ReturnHeader/Filer/EIN0200533572
ReturnHeader/Filer/PhoneNum07042825780
ReturnHeader/Filer/USAddress/AddressLine1Txt03509 OLD CHARLOTTE HIGHWAY
ReturnHeader/Filer/USAddress/CityNm0MONROE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028110
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561220683
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0POTTER & COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0114 N CHURCH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MONROE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028112
ReturnHeader/PreparerPersonGrp/PhoneNum07042838189
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN W KAPELAR CPA
ReturnHeader/ReturnTs02023-10-20T09:09:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHRIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PLATE
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.09$0.95$0.73$0.98$0.25
2023Detailed filing. Detailed filing data is available for this year.$1.28$0.08$1.20$1.06$0.40$0.66
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.08$0.54$0.47$0.34$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.09$0.41$0.46$0.16$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.65$0.58$0.08
2019Summary only. Only limited summary data is available for this year.$0.04$0.00$0.06$0.07$0.01
2018Summary only. Only limited summary data is available for this year.$0.05$0.00$0.00$0.02$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.00$3.88$3.88
2016Detailed filing. Detailed filing data is available for this year.$3.95$0.00$3.95$0.00$0.06$0.06
2015Detailed filing. Detailed filing data is available for this year.$4.02$0.01$4.01$0.00$0.04$0.04
2014Detailed filing. Detailed filing data is available for this year.$4.05$0.01$4.05$0.00$0.07$0.07
2013Summary only. Only limited summary data is available for this year.$4.12$0.00$4.12$0.01$2.27$2.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$0.05$6.40$4.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.15$0.14$5.01$5.40