Liabilities / Assets
49th percentile
Higher debt load relative to assets than 49% of similar nonprofits.
990 • Fiscal year 2023 • EIN 20-4238865
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
49th percentile
Higher debt load relative to assets than 49% of similar nonprofits.
Liabilities / Revenue
54th percentile
Higher debt load relative to revenue than 54% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
71st percentile
Higher top officer pay than 71% of similar nonprofits.
Top officer pay equals 8.1% of source-year revenue.
Asset Growth
95th percentile
Faster asset growth than 95% of similar nonprofits.
Revenue Growth
98th percentile
Faster revenue growth than 98% of similar nonprofits.
Assets
Up$2,444,020
Up $1,333,749 (+120%) from 2022
Net Assets
Up$2,299,848
Up $1,207,063 (+110%) from 2022
Liabilities
Up$144,172
Up $126,686 (+724%) from 2022
Revenue
Up$1,348,490
Up $1,088,867 (+419%) from 2022
Expenses
Down$201,756
Down $71,380 (-26%) from 2022
Net Income
Up$1,146,734
Up $1,160,247 (+8586%) from 2022
To provide educational and charitable efforts specflcally in alexander county, nc
To support economic and community development in alexander county, promoting jobs, increasing the tax basis and improving the quality of life.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $629,874 | $2,102,166 | ▲ $1,472,292 |
| Cash and Non-Interest-Bearing Accounts | $184,230 | $329,328 | ▲ $145,098 |
| Savings and Temporary Cash Investments | $295,953 | $12,031 | ▼ $283,922 |
| Accounts Receivable | $164 | $495 | ▲ $331 |
| Prepaid Expenses and Deferred Charges | $50 | $0 | ▼ $50 |
| Total Assets | $1,110,271 | $2,444,020 | ▲ $1,333,749 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $17,486 | $144,172 | ▲ $126,686 |
| Total Liabilities | $17,486 | $144,172 | ▲ $126,686 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $956,343 | $2,163,406 | ▲ $1,207,063 |
| Net Assets With Donor Restrictions | $136,442 | $136,442 | → $0 |
| Total Net Assets Fund Balance | $1,092,785 | $2,299,848 | ▲ $1,207,063 |
| Total Liabilities and Net Assets / Fund Balance | $1,110,271 | $2,444,020 | ▲ $1,333,749 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $2,082,250 | - | - |
| Equipment | $19,916 | $29,874 | - |
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| David Icenhour | Secretary/executive Direct | FT | $108,754 | $108,754 |
| Name | Title |
|---|---|
| Rod Watts | Chairman/treasurer |
| Tim Little | Vice Chairman |
| Andrew Jackson | Board Member |
| Del Starnes | Board Member |
| Ryan Mayberry | Board Member |
| Shane Fox | Board Member |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $144,346 |
| Other Expenses | $57,410 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $144,346 | - | - | $144,346 |
| Fees for Services Management | - | $13,740 | - | $13,740 |
| Depreciation Depletion | - | $9,958 | - | $9,958 |
| Occupancy | - | $7,140 | - | $7,140 |
| Advertising | $2,589 | - | - | $2,589 |
| All Other Expenses | $516 | $290 | - | $806 |
| Other Expenses | $10,000 | $570 | - | $570 |
| Travel | - | $561 | - | $561 |
| Office Expenses | - | $287 | - | $287 |
| Total Functional Expenses | $168,384 | $33,372 | $0 | $201,756 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $201,756 |
| Total Expenses per Audited Statements | $201,756 |
| Total Expenses per Form 990 | $201,756 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Paragon Films Inc | Taylorsville, NC | - | Economic Job Creation | $67,450 |
| Borealis Compounds | Taylorsville, NC | - | Economic Job Creation | $62,341 |
| Marker Eight Holdings | Taylorsville, NC | - | Economic Job Creation | $8,048 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The executive director reviews the return before it is submitted to the irs”
“Governing documents are available to the public upon request”
“No change from prior year”
“The edc believes that the entity has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The edc would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 17486 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 144172 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 164 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 495 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO SUPPORT ECONOMIC AND COMMUNITY DEVELOPMENT IN ALEXANDER COUNTY, PROMOTING JOBS, INCREASING THE TAX BASIS AND IMPROVING THE QUALITY OF LIFE. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 2589 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 2589 |
| IRS990/AllOtherContributionsAmt | 0 | 1139412 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 290 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 516 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 806 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8286321161 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 621 LILEDOUN ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | TAYLORSVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 286812499 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 184230 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 329328 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1339412 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 144346 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1078 |
| IRS990/CYOtherExpensesAmt | 0 | 57410 |
| IRS990/CYOtherRevenueAmt | 0 | 8000 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1146734 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 201756 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1348490 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 9958 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 9958 |
| IRS990/Desc | 0 | PROVIDED INDUSTRIAL GRANTS TO LOCAL BUSINESSES TO HELP CREATE NEW JOBS FOR ALEXANDER COUNTY |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 136442 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 136442 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 168384 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 13740 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 13740 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ROD WATTS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | TIM LITTLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DAVID ICENHOUR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ANDREW JACKSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DEL STARNES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RYAN MAYBERRY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | SHANE FOX |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 108754 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY/EXECUTIVE DIRECT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2006 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GovernmentGrantsAmt | 0 | 200000 |
| IRS990/GrantAmt | 0 | 144346 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 144346 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 144346 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1348490 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1078 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1078 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 29874 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 629874 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2102166 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 2132040 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE EDUCATIONAL AND CHARITABLE EFFORTS SPECFLCALLY IN ALEXANDER COUNTY, NC |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1092785 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2299848 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 956343 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2163406 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 7140 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 7140 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 287 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 287 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | CHARLOTTE REGIONAL PART |
| IRS990/OtherExpensesGrp/Desc | 1 | SITE DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 3 | TRAINING |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 826 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 570 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 10933 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 10000 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 10933 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 10000 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 826 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 570 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 8000 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 8000 |
| IRS990/OtherRevenueTotalAmt | 0 | 8000 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 50 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | DAVID ICENHOUR |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 60329 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 250000 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 163108 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1623 |
| IRS990/PYOtherExpensesAmt | 0 | 110028 |
| IRS990/PYOtherRevenueAmt | 0 | 8000 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -13513 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 273136 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 259623 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1146734 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 1348490 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 295953 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 12031 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1332412 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 250000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 135000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 172728 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 242470 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2132610 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1078 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1623 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1614 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3428 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2796 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 10539 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 8000 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 8000 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 7500 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1133 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1950 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 26583 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.98290 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.94810 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2132610 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1332412 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 250000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 135000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 172728 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 242470 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2132610 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2169732 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 19916 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 29874 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 49790 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 201756 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 2082250 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 2082250 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1348490 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE EDC BELIEVES THAT THE ENTITY HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE EDC WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2102166 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 201756 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1348490 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1348490 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 201756 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 0 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 8048 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 67450 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 62341 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 1 | 0 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 2 | 0 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | ECONOMIC JOB CREATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | ECONOMIC JOB CREATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 2 | ECONOMIC JOB CREATION |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | MARKER EIGHT HOLDINGS |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | PARAGON FILMS INC |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 2 | BOREALIS COMPOUNDS |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 300 GOLF COURSE LN |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | 256 W E BAAB INDUSTRIAL DR |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 2 | 401 W E BAAB INDUSTRIAL DR |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | TAYLORSVILLE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | TAYLORSVILLE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 2 | TAYLORSVILLE |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | NC |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 2 | NC |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 28681 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 28681 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 2 | 28681 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE EXECUTIVE DIRECTOR REVIEWS THE RETURN BEFORE IT IS SUBMITTED TO THE IRS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO CHANGE FROM PRIOR YEAR |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART XII, LINE 2C: |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1110271 |
| IRS990/TotalAssetsEOYAmt | 0 | 2444020 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1110271 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2444020 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 1339412 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 33372 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 168384 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 201756 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 17486 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 144172 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 17486 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 144172 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1092785 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2299848 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 168384 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 1078 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 8000 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1348490 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1110271 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2444020 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 108754 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 561 |
| IRS990/TravelGrp/TotalAmt | 0 | 561 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 621 LILEDOUN ROAD |
| IRS990/USAddress/CityNm | 0 | TAYLORSVILLE |
| IRS990/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/USAddress/ZIPCd | 0 | 286812499 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | WWW.ALEXANDEREDC.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DAVID ICENHOUR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8286321161 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ALEXANDER COUNTY ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ALEX |
| ReturnHeader/Filer/EIN | 0 | 204238865 |
| ReturnHeader/Filer/PhoneNum | 0 | 8286321161 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 621 LILEDOUN ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | TAYLORSVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 286812499 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.