Civic Intelligence

Yadkin Valley Economic

EIN 56-0851147 • 501(c)3 • Boonville, NC

View Organization Page

Profile

The mission of yveddi is to provide quality programs and services to alleviate the causes and conditions of poverty and to enhance the quality of life for low income and elderly citizens.

533 N Carolina Avenue Hwy 601 NBoonville, NC 27011

www.yveddi.com

Siviq Scores

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

Liabilities / Assets

67th percentile

0.36x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

51st percentile

0.23x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

55th percentile

6.8%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

78th percentile

18%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2025

Revenue Growth

23rd percentile

-5.8%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$8,877,565

Up $1,646,913 (+23%) from 2024

Liabilities

Up

$3,175,746

Up $722,255 (+29%) from 2024

Net Assets

Up

$5,701,819

Up $924,658 (+19%) from 2024

Operations
Liabilities / Revenue51st percentileNet Margin55th percentile

Revenue

Down

$13,573,389

Down $2,260,249 (-14%) from 2024

Expenses

Down

$12,648,731

Down $3,413,437 (-21%) from 2024

Net Income

Up

$924,658

Up $1,153,188 (+505%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth78th percentile

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

$10M$5.0M$0Assets 2011: $4,786,820Liabilities 2011: $780,728Net Assets 2011: $4,006,0922011Assets 2012: $5,541,581Liabilities 2012: $995,674Net Assets 2012: $4,545,9072012Assets 2013: $5,675,815Liabilities 2013: $1,217,865Net Assets 2013: $4,457,9502013Assets 2014: $5,667,221Liabilities 2014: $1,613,077Net Assets 2014: $4,054,1442014Assets 2015: $3,885,216Liabilities 2015: $936,634Net Assets 2015: $2,948,5822015Assets 2016: $4,424,681Liabilities 2016: $885,293Net Assets 2016: $3,539,3882016Assets 2017: $4,776,865Liabilities 2017: $1,217,948Net Assets 2017: $3,558,9172017Assets 2018: $5,252,980Liabilities 2018: $1,731,886Net Assets 2018: $3,521,0942018Assets 2019: $4,779,279Liabilities 2019: $1,489,788Net Assets 2019: $3,289,4912019Assets 2020: $4,802,577Liabilities 2020: $1,301,641Net Assets 2020: $3,500,9362020Assets 2021: $6,009,437Liabilities 2021: $1,207,273Net Assets 2021: $4,802,1642021Assets 2022: $5,760,252Liabilities 2022: $1,418,573Net Assets 2022: $4,341,6792022Assets 2023: $6,365,856Liabilities 2023: $1,737,834Net Assets 2023: $4,628,0222023Assets 2024: $7,230,652Liabilities 2024: $2,453,491Net Assets 2024: $4,777,1612024Assets 2025: $8,877,565Liabilities 2025: $3,175,746Net Assets 2025: $5,701,8192025

Highlighted filing

2025

Assets$8,877,565
Liabilities$3,175,746
Net Assets$5,701,819
Open 2025 Filing

Operations Trend

Revenue Growth23rd percentile

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $11,069,281Expenses 2011: $10,755,546Net Income 2011: $313,7352011Expenses 2012: $11,312,2662012Revenue 2013: $11,205,329Expenses 2013: $11,295,042Net Income 2013: -$89,7132013Revenue 2014: $11,884,642Expenses 2014: $12,291,568Net Income 2014: -$406,9262014Revenue 2015: $10,676,511Expenses 2015: $12,027,542Net Income 2015: -$1,351,0312015Revenue 2016: $12,476,881Expenses 2016: $12,227,121Net Income 2016: $249,7602016Revenue 2017: $12,144,675Expenses 2017: $12,486,751Net Income 2017: -$342,0762017Revenue 2018: $12,136,640Expenses 2018: $12,518,870Net Income 2018: -$382,2302018Revenue 2019: $11,718,575Expenses 2019: $12,284,537Net Income 2019: -$565,9622019Revenue 2020: $11,466,152Expenses 2020: $11,823,037Net Income 2020: -$356,8852020Revenue 2021: $11,787,898Expenses 2021: $10,851,841Net Income 2021: $936,0572021Revenue 2022: $13,860,054Expenses 2022: $14,320,540Net Income 2022: -$460,4862022Revenue 2023: $15,305,531Expenses 2023: $15,036,632Net Income 2023: $268,8992023Revenue 2024: $15,833,638Expenses 2024: $16,062,168Net Income 2024: -$228,5302024Revenue 2025: $13,573,389Expenses 2025: $12,648,731Net Income 2025: $924,6582025

Highlighted filing

2025

Revenue$13,573,389
Expenses$12,648,731
Net Income$924,658
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,877,565
Liabilities
$3,175,746
Net assets
$5,701,819
Revenue
$13,573,389
Expenses
$12,648,731
Net income
$924,658
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.88$3.18$5.70$13.6$12.6$0.92
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.23$2.45$4.78$15.8$16.1$0.23
2023Detailed filing. Detailed filing data is available for this year.$6.37$1.74$4.63$15.3$15.0$0.27
2022Detailed filing. Detailed filing data is available for this year.$5.76$1.42$4.34$13.9$14.3$0.46
2021Detailed filing. Detailed filing data is available for this year.$6.01$1.21$4.80$11.8$10.9$0.94
2020Detailed filing. Detailed filing data is available for this year.$4.80$1.30$3.50$11.5$11.8$0.36
2019Detailed filing. Detailed filing data is available for this year.$4.78$1.49$3.29$11.7$12.3$0.57
2018Detailed filing. Detailed filing data is available for this year.$5.25$1.73$3.52$12.1$12.5$0.38
2017Detailed filing. Detailed filing data is available for this year.$4.78$1.22$3.56$12.1$12.5$0.34
2016Detailed filing. Detailed filing data is available for this year.$4.42$0.89$3.54$12.5$12.2$0.25
2015Detailed filing. Detailed filing data is available for this year.$3.89$0.94$2.95$10.7$12.0$1.35
2014Summary only. Only limited summary data is available for this year.$5.67$1.61$4.05$11.9$12.3$0.41
2013Summary only. Only limited summary data is available for this year.$5.68$1.22$4.46$11.2$11.3$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.54$1.00$4.55$11.3
2011Summary only. Only limited summary data is available for this year.$4.79$0.78$4.01$11.1$10.8$0.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 28, 2026
Return Version
2024v5.0
Gross Receipts
$13,578,583
Mission and Program Overview

Mission

The mission of yvedd, inc is to provide quality programs and services to alleviate the causes and conditions of poverty and to enhance the quality of life for low income and elderly citizens.

Dedicated to improving the lives of individuals and families in davie, stokes, surry, and yadkin counties through a variety of programs and partnerships to build stronger communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,251,422$3,747,875▲ $1,496,453
Cash and Non-Interest-Bearing Accounts$2,241,020$1,263,757▼ $977,263
Pledges and Grants Receivable$929,306$1,081,538▲ $152,232
Prepaid Expenses and Deferred Charges$99,712$887,853▲ $788,141
Accounts Receivable$174,737$171,752▼ $2,985
Other Notes and Loans Receivable, Net-$63,024-
Total Assets$7,230,652$8,877,565▲ $1,646,913
Other Assets Total$1,534,455$1,661,766▲ $127,311
Liabilities
Other Liabilities$1,638,938$1,732,625▲ $93,687
Mortgage Notes Payable Secured by Investment Property$45,254$799,758▲ $754,504
Accounts Payable and Accrued Expenses$769,299$643,363▼ $125,936
Total Liabilities$2,453,491$3,175,746▲ $722,255
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,156,626$3,363,505▲ $206,879
Net Assets With Donor Restrictions$1,620,535$2,338,314▲ $717,779
Total Net Assets Fund Balance$4,777,161$5,701,819▲ $924,658
Total Liabilities and Net Assets / Fund Balance$7,230,652$8,877,565▲ $1,646,913

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,799,313$4,389,736$6,189,049
Leasehold Improvements$1,456,357$3,171,254$4,627,611
Land$307,433-$307,433
Other Land Buildings$184,772-$184,772
Other Assets Org$102,836--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Kathy PayneExecutive DiFT$102,083$102,083
Crystal WilliamsFinance DireFT$57,410$57,410

Board Members and Trustees

NameTitle
Mickey CartnerChair
Tom BachmannVice Chair
Amy BryantBoard Member
Angie WalkerBoard Member
Benita FinneyBoard Member
Brad ChandlerBoard Member
Brent WardBoard Member
Christie PaschallBoard Member
Eddie HarrisBoard Member
Jim BrownBoard Member
Joey TilleyBoard Member
Keith WoodBoard Member
Kelly CraineBoard Member
Larry HayesBoard Member
Marilyn OakesBoard Member
Pam CrouseBoard Member
Richard LaskyBoard Member
Ricky OliverBoard Member
Shelby KingBoard Member
Suzanne WrightBoard Member
Van TuckerBoard Member
Kevin AustinBrd Mbr Thru
Larry JohnsonBrd Mbr Thru
Melissa LedbetterBrd Mbr Thru
Debra JessupParliamentar
Sylvia JessupSecretary
Cliff CollinsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Interstate Tsp Sales ServicesVehicle PurchasPO BOX 7553, 1321 WEST FAIRFIELD RD, High Point, NC 27264$1,553,003
Group Insurance ServicesHealth InsurancPO BOX 24987, New York, NY 10087$1,279,261
Surry Insurance INCInsurance BrokePO BOX 128, Dobson, NC 27017$457,815
Tck Providence INCPrepared Meals3330 SHOREFAIR DR, Winston Salem, NC 27105$394,869
Woodmen LifeRetirement BrokPO BOX 30025, Omaha, NE 68103$371,640
Revenue and Support

Revenue Composition

Contributions and Grants
$11,471,950
Program Service Revenue
$2,104,133
Investment Income
$-2,694
Other Revenue
$0
All Other Contributions
$873,865
Change in Net Assets
$924,658

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,573,389
Revenue Not Reported on Form 990
$24,900
Total Revenue per Audited Statements
$13,598,289
Total Revenue per Form 990
$13,573,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,366,923
Other Expenses$5,281,808
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,055,459$341,108-$5,396,567
Office Expenses$2,125,468$146,105-$2,271,573
Other Employee Benefits$1,064,559$76,491-$1,141,050
Insurance$855,708$35,390-$891,098
Occupancy$324,455$280,780-$605,235
Travel$522,022$4,736-$526,758
Fees for Services Other$361,547$146,559-$508,106
Payroll Taxes$365,684$29,897-$395,581
Depreciation Depletion$304,070$53,368-$357,438
Pension Plan Contributions$248,914$17,885-$266,799
Current Officers, Directors, Trustees, and Key Employees$100,156$66,770-$166,926
Advertising$94,362$340-$94,702
Other Expenses$14,494--$14,494
All Other Expenses$7,464$174-$7,638
Interest$4,766--$4,766
Total Functional Expenses$11,449,128$1,199,603$0$12,648,731

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,673,631
Expenses per Audited Statements$12,648,731
Total Expenses per Form 990$12,648,731
Expenses Not Reported on Form 990$24,900
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$1,625,405
Finance Lease Liabilities$107,220
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“After completion of the draft copy of form 990, an encrypted electronic copy of the form is made available by the finance director to the executive director and the board of directors. Upon review the board and finance committee members can direct any questions or comments to the finance director and executive director.”

Form 990, Page 6, Part VI, Line 12C

“The conflict of interest policy requires annual review and disclosure by directors.”

Form 990, Page 6, Part VI, Line 15A

“The board of directors has final authority to approve the compensation for the executive director. The agency's personnel committee reviews the compensation for all compensated officers and key employees (as defined for form 990).”

Form 990, Page 6, Part VI, Line 15B

“The agency's personnel committee reviews the compensation for all compensated officers and key employees (as defined for form 990).”

Form 990, Page 6, Part VI, Line 19

“Form 990 and the financial statements of the agency are available to the public at the agency's main office. Other government documents can be available to the public with approval from the board.”

Filing and Contact Details

Filer

Filer Name
Yadkin Valley Economic Development
EIN
56-0851147
Phone
3363677251
Address
533 N CAROLINA AVENUE HWY 601 N, BOONVILLE, NC 27011

Signing Officer

Name
Kathy Payne
Title
Executive Director
Phone
3363677251
Signed
2026-01-28

Organization Details

Principal Officer
Kathy Payne
Formed
1972
Legal Domicile
Nc
Voting Board Members
24
Independent Board Members
24
Employees
217
Volunteers
175

Preparer

Firm
Carter P C
Address
301 COLLEGE ST STE 320, ASHEVILLE, NC 28801-2449
Preparer
Alan Toler
Phone
8282599900
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Head start: educating children and empowering families. Yveddi resource center: to make a difference for local individuals and families through programs that address their various needs. Senior services: to improve and maintain independent wellness for the senior community through advocacy, nutrition, volunteerism, and vigorous programming to promote healthy minds, bodies, and spirits. Weatherization: to provide home energy improvements using state standards that promote good health and energy efficiency.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Uncertain tax positions the organization is exempt from federal income taxes under section 501(c) (3) of the internal revenue code, except on net income derived from unrelated business activities. The organization believes that it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements. Open tax years the organization's return of organization from income tax (form 990) for the years ended june 30, 2024, 2023, and 2022, are subject to examination by the irs, generally for three years after they were filed.”

Raw XML AppendixShowing 400 of 615 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.

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