Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Smithfield Selma Chamber Economic Development Foundation
EIN 27-2039206 • 501(c)3 • Smithfield, NC
Profile
The smithfield-selma community offers a lifestyle of choice - focused on the future - where families and business thrive. We are recognized for our focus on collaboration and partnerships, community image, advances infrastucture and transportation; globally competitive educational oppurtunities, regional medical facilities, moral development of the youth and families, a superior business-friendly climate and outstanding leadership for future generations
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
73rd percentile
Higher net margin than 73% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
49th percentile
Faster asset growth than 49% of similar nonprofits.
Revenue Growth
20th percentile
Faster revenue growth than 20% of similar nonprofits.
Balance Sheet
Assets
Up$122,731
Up $4,719 (+4.0%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$122,731
Up $4,719 (+4.0%) from 2023
Revenue
Down$26,325
Down $22,023 (-46%) from 2023
Expenses
Down$21,606
Down $34,916 (-62%) from 2023
Net Income
Up$4,719
Up $12,893 (+158%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $122,731
- Liabilities
- -
- Net assets
- $122,731
- Revenue
- $26,325
- Expenses
- $21,606
- Net income
- $4,719
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jun 23, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $26,325
Mission and Program Overview
Mission
The smithfield-selma community offers a lifestyle of choice - focused on the future - where families and business thrive. We are recognized for our focus on collaboration and partnerships, community image, advances infrastucture and transportation; globally competitive educational oppurtunities, regional medical facilities, moral development of the youth and families, a superior business-friendly climate and outstanding leadership for future generations
The triangle east economic development foundation was established to promote the economic well being of the triangle east region of north carolina.through the foundation we can raise funding to help promote programs and projects that develop the region into a nationally competitive ,economically diverse, relevant and collabortive community. The foundation was formed exclusively for charitable, educational, and economic development fundraising to support chamber and community programs.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE TRIANGLE EAST ECONOMIC DEVELOPMENT FOUNDATION WAS ESTABLISHED TO PROMOTE THE ECONOMIC WELL BEING OF THE TRIANGLE EAST REGION OF NORTH CAROLINA.THROUGH THE FOUNDATION WE CAN RAISE FUNDING TO HELP PROMOTE PROGRAMS AND PROJECTS THAT DEVELOP THE REGION INTO A NATIONALLY COMPETITIVE ,ECONOMICALLY DIVERSE, RELEVANT AND COLLABORTIVE COMMUNITY. THE FOUNDATION WAS FORMED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND ECONOMIC DEVELOPMENT FUNDRAISING TO SUPPORT CHAMBER AND COMMUNITY PROGRAMS. | - | $21,606 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JIM JENKINS | Vice-Chair | - | $0 | - | - |
| SUSAN LASSITER | Board Chair | - | $0 | - | - |
| MAUREEN MCGUINNESS | President | - | $0 | - | - |
| JOHN SCOVIL | Treasurer | - | $0 | - | - |
| BUD ANDREWS | Board Member | - | $0 | - | - |
| NICHOLE BOOKER | Board Member | - | $0 | - | - |
| STEVE HARGIS | Board Member | - | $0 | - | - |
| KIMBERLY MITCHELL MCCULLERS | Board Member | - | $0 | - | - |
| MARK MCDONNELL | Board Member | - | $0 | - | - |
| KAREN MILLS | Board Member | - | $0 | - | - |
| ZEKE POWELL | Board Member | - | $0 | - | - |
| KELLY WALLACE | Recording Se | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Smithfield Selma Chamber Economic
- EIN
- 27-2039206
- Address
- PO BOX 467, SMITHFIELD, NC 27577
Signing Officer
- Name
- Maureen Mcguinness
- Title
- President
- Phone
- 9199349166
- Signed
- 2025-06-23
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Peedin & Sasser Cpas Pllc
- Address
- 1389 W MARKET STREET, SMITHFIELD, NC 27577
- Preparer
- Rudy Sasser
- Phone
- 9199346125
Supplemental Narrative
Additional Explanations
Form 990-ez, Page 1, Item C
“Triangle east economic development”
Form 990-ez, Part I, Line 8
“Joco works 5,000 flame for learning 2,500 leadership johnston 1,500 total 9,000”
Form 990-ez, Part I, Line 16
“Expenses joco works 5,000 flame for learning 2,500 total 7,500”
Form 990-ez, Part I, Line 20
“Prior period adjustment 0”
Form 990-ez, Part III
“The triangle east economic development foundation was established to promote the economic well being of the triangle east region of north carolina.through the foundation we can raise funding to help promote programs and projects that develop the region into a nationally competitive ,economically diverse, relevant and collabortive community. The foundation was formed exclusively for charitable, educational, and economic development fundraising to support chamber and community programs.”
Form 990-ez, Part III, Line 28
“The triangle east economic development foundation was established to promote the economic well being of the triangle east region of north carolina.through the foundation we can raise funding to help promote programs and projects that develop the region into a nationally competitive ,economically diverse, relevant and collabortive community. The foundation was formed exclusively for charitable, educational, and economic development fundraising to support chamber and community programs.”
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE TRIANGLE EAST ECONOMIC DEVELOPMENT FOUNDATION WAS ESTABLISHED TO PROMOTE THE ECONOMIC WELL BEING OF THE TRIANGLE EAST REGION OF NORTH CAROLINA.THROUGH THE FOUNDATION WE CAN RAISE FUNDING TO HELP PROMOTE PROGRAMS AND PROJECTS THAT DEVELOP THE REGION INTO A NATIONALLY COMPETITIVE ,ECONOMICALLY DIVERSE, RELEVANT AND COLLABORTIVE COMMUNITY. THE FOUNDATION WAS FORMED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND ECONOMIC DEVELOPMENT FUNDRAISING TO SUPPORT CHAMBER AND COMMUNITY PROGRAMS. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | TRIANGLE EAST ECONOMIC DEVELOPMENT |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | JOCO WORKS 5,000 FLAME FOR LEARNING 2,500 LEADERSHIP JOHNSTON 1,500 TOTAL 9,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EXPENSES JOCO WORKS 5,000 FLAME FOR LEARNING 2,500 TOTAL 7,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PRIOR PERIOD ADJUSTMENT 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE TRIANGLE EAST ECONOMIC DEVELOPMENT FOUNDATION WAS ESTABLISHED TO PROMOTE THE ECONOMIC WELL BEING OF THE TRIANGLE EAST REGION OF NORTH CAROLINA.THROUGH THE FOUNDATION WE CAN RAISE FUNDING TO HELP PROMOTE PROGRAMS AND PROJECTS THAT DEVELOP THE REGION INTO A NATIONALLY COMPETITIVE ,ECONOMICALLY DIVERSE, RELEVANT AND COLLABORTIVE COMMUNITY. THE FOUNDATION WAS FORMED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND ECONOMIC DEVELOPMENT FUNDRAISING TO SUPPORT CHAMBER AND COMMUNITY PROGRAMS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE TRIANGLE EAST ECONOMIC DEVELOPMENT FOUNDATION WAS ESTABLISHED TO PROMOTE THE ECONOMIC WELL BEING OF THE TRIANGLE EAST REGION OF NORTH CAROLINA.THROUGH THE FOUNDATION WE CAN RAISE FUNDING TO HELP PROMOTE PROGRAMS AND PROJECTS THAT DEVELOP THE REGION INTO A NATIONALLY COMPETITIVE ,ECONOMICALLY DIVERSE, RELEVANT AND COLLABORTIVE COMMUNITY. THE FOUNDATION WAS FORMED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND ECONOMIC DEVELOPMENT FUNDRAISING TO SUPPORT CHAMBER AND COMMUNITY PROGRAMS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PAGE 1, ITEM C |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 28 |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-06-23 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RUDY SASSER |
| ReturnHeader/ReturnTs | 0 | 2025-06-23T10:48:24-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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