Lake Norman Regional Economic Development Corporation

EIN 51-0463069 • 501(c)3 • Huntersville, NC

Profile

Facilitate and enhance economic development

PO Box 664Huntersville, NC 28078

www.lakenormanregion.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

-112%

Higher net margin than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

-80%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

Down $274,100 (-100%) from 2024

Liabilities

Down

Down $165,158 (-100%) from 2024

Net Assets

Down

Down $108,942 (-100%) from 2024

Operations

Liabilities / Revenue62nd percentile Net Margin9th percentile

Revenue

Down

$97,583

Down $380,415 (-80%) from 2024

Expenses

Down

$206,525

Down $409,050 (-66%) from 2024

Net Income

-$108,942

Up $28,635 (+21%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2025

Assets$0

Liabilities$0

Net Assets$0

Open 2025 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2025

Revenue$97,583

Expenses$206,525

Net Income-$108,942

Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $0
Liabilities: $0
Net assets: $0
Revenue: $97,583
Expenses: $206,525
Net income: -$108,942

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.00	$0.00	$0.00	$0.98	$2.07	$1.09
2024Detailed filing. Detailed filing data is available for this year.	$2.74	$1.65	$1.09	$4.78	$6.16	$1.38
2023Detailed filing. Detailed filing data is available for this year.	$3.74	$1.28	$2.47	$3.58	$4.21	$0.63
2022Detailed filing. Detailed filing data is available for this year.	$3.31	$0.22	$3.09	$3.73	$3.92	$0.19
2021Detailed filing. Detailed filing data is available for this year.	$3.48	$0.20	$3.28	$3.40	$3.34	$0.05
2020Detailed filing. Detailed filing data is available for this year.	$3.32	$0.09	$3.23	$3.43	$3.74	$0.32
2019Detailed filing. Detailed filing data is available for this year.	$3.67	$0.12	$3.55	$3.40	$3.59	$0.19
2018Detailed filing. Detailed filing data is available for this year.	$3.87	$0.13	$3.74	$3.21	$3.12	$0.09
2017Detailed filing. Detailed filing data is available for this year.	$3.81	$0.16	$3.65	$3.40	$3.46	$0.06
2016Detailed filing. Detailed filing data is available for this year.	$3.78	$0.07	$3.71	$3.42	$2.62	$0.81
2015Detailed filing. Detailed filing data is available for this year.	$2.97	$0.07	$2.90	$3.13	$3.14	$0.00
2014Detailed filing. Detailed filing data is available for this year.	$2.96	$0.05	$2.91	$3.26	$2.53	$0.73
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.27	$0.09	$2.17		$3.94
2012Summary only. Only limited summary data is available for this year.	$3.04	$0.10	$2.94	$3.79	$3.21	$0.58
2011Summary only. Only limited summary data is available for this year.	$2.40	$0.03	$2.37	$3.57	$3.11	$0.46