Civic Intelligence

Bladen Development Corp

EIN 56-0993356 • 501(c)4 • Bladenboro, NC

Profile

Economic development with a revolving loan program available to qualifying business within bladen county.

805 5th StreetBladenboro, NC 28320

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

14th percentile

-43%

Higher net margin than 14% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

52nd percentile

-0.4%

Faster asset growth than 52% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

158%

Faster revenue growth than 96% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$399,724

Down $1,670 (-0.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$399,724

Down $1,670 (-0.4%) from 2023

Revenue

Up

$3,848

Up $2,359 (+158%) from 2023

Expenses

Up

$5,518

Up $3,172 (+135%) from 2023

Net Income

Down

-$1,670

Down $813 (-95%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $414,802Liabilities 2011: $02011Assets 2012: $414,635Liabilities 2012: $02012Assets 2013: $414,655Liabilities 2013: $0Net Assets 2013: $414,6552013Assets 2014: $414,356Liabilities 2014: $0Net Assets 2014: $414,3562014Assets 2015: $413,581Liabilities 2015: $0Net Assets 2015: $413,5812015Assets 2016: $412,674Liabilities 2016: $0Net Assets 2016: $412,6742016Assets 2017: $413,201Liabilities 2017: $0Net Assets 2017: $413,2012017Assets 2018: $400,813Liabilities 2018: $0Net Assets 2018: $400,8132018Assets 2019: $404,927Liabilities 2019: $0Net Assets 2019: $404,9272019Assets 2020: $402,164Liabilities 2020: $0Net Assets 2020: $402,1642020Assets 2021: $401,283Liabilities 2021: $0Net Assets 2021: $401,2832021Assets 2022: $402,251Liabilities 2022: $0Net Assets 2022: $402,2512022Assets 2023: $401,394Liabilities 2023: $0Net Assets 2023: $401,3942023Assets 2024: $399,724Liabilities 2024: $0Net Assets 2024: $399,7242024

Highlighted filing

2024

Assets$399,724
Liabilities$0
Net Assets$399,724

Operations Trend

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

$10K$5.0K$0-$5.0K-$10K-$15KRevenue 2011: $3,193Expenses 2011: $1,905Net Income 2011: $1,2882011Revenue 2012: $1,515Expenses 2012: $1,683Net Income 2012: -$1682012Revenue 2013: $1,661Expenses 2013: $1,641Net Income 2013: $202013Revenue 2014: $1,622Expenses 2014: $1,921Net Income 2014: -$2992014Revenue 2015: $1,604Expenses 2015: $2,379Net Income 2015: -$7752015Revenue 2016: $1,635Expenses 2016: $2,542Net Income 2016: -$9072016Revenue 2017: $1,622Expenses 2017: $1,095Net Income 2017: $5272017Revenue 2018: -$9,448Expenses 2018: $2,940Net Income 2018: -$12,3882018Revenue 2019: $6,874Expenses 2019: $2,760Net Income 2019: $4,1142019Revenue 2020: $1,698Expenses 2020: $4,461Net Income 2020: -$2,7632020Revenue 2021: $1,527Expenses 2021: $2,408Net Income 2021: -$8812021Revenue 2022: $1,456Expenses 2022: $488Net Income 2022: $9682022Revenue 2023: $1,489Expenses 2023: $2,346Net Income 2023: -$8572023Revenue 2024: $3,848Expenses 2024: $5,518Net Income 2024: -$1,6702024

Highlighted filing

2024

Revenue$3,848
Expenses$5,518
Net Income-$1,670

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.00$0.00$4.00$0.04$0.06$0.02
2023Detailed filing. Detailed filing data is available for this year.$4.01$0.00$4.01$0.01$0.02$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.02$0.00$4.02$0.01$0.00$0.01
2021Detailed filing. Detailed filing data is available for this year.$4.01$0.00$4.01$0.02$0.02$0.01
2020Detailed filing. Detailed filing data is available for this year.$4.02$0.00$4.02$0.02$0.04$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.05$0.00$4.05$0.07$0.03$0.04
2018Detailed filing. Detailed filing data is available for this year.$4.01$0.00$4.01$0.09$0.03$0.12
2017Detailed filing. Detailed filing data is available for this year.$4.13$0.00$4.13$0.02$0.01$0.01
2016Detailed filing. Detailed filing data is available for this year.$4.13$0.00$4.13$0.02$0.03$0.01
2015Detailed filing. Detailed filing data is available for this year.$4.14$0.00$4.14$0.02$0.02$0.01
2014Detailed filing. Detailed filing data is available for this year.$4.14$0.00$4.14$0.02$0.02$0.00
2013Detailed filing. Detailed filing data is available for this year.$4.15$0.00$4.15$0.02$0.02$0.00
2012Summary only. Only limited summary data is available for this year.$4.15$0.00$0.02$0.02$0.00
2011Summary only. Only limited summary data is available for this year.$4.15$0.00$0.03$0.02$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 8, 2025
Return Version
2024v5.2
Gross Receipts
$3,848
Mission and Program Overview

Mission

Economic development with a revolving loan program available to qualifying business within bladen county.

Program Services

DescriptionGrantsExpenses
ADMINISTER REVOLVING LOAN FUND, RECEIVED PAYMENTS DURING THE YEAR$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GLENN WALTERSPresident/Treasurer-$0--
RICKY WALTERSVice President-$0--
Filing and Contact Details

Filer

Filer Name
Bladen Development Corp
EIN
56-0993356
Phone
9108723882
Address
805 5TH STREET, BLADENBORO, NC 28320

Signing Officer

Name
Glenn Walters
Title
President
Phone
9108723882
Signed
2025-10-08
Discuss with paid preparer
Yes

Preparer

Firm
Thompson Price Scott Adams & Co Pa
Address
PO BOX 1690, ELIZABETHTOWN, NC 28337
Preparer
R Bryon Scott
Phone
9108628129
Supplemental Narrative

Additional Explanations

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

Description: interest income. Amount: 2,418.

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

Description: property tax. Amount: 1,990. Description: bad debt. Amount: 3,093. Total to form 990-ez, line 16: 5,083.

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

Description: outstanding revolving loans. Beg. Of year amount: 3,093. End of year amount: 0. Description: n/r transfer error. Beg. Of year amount: 0. End of year amount: 1,915.

Raw XML Appendix109 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0GLENN WALTERS
IRS990EZ/BooksInCareOfDetail/PhoneNum09106741995
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 455
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BLADENBORO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028320
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0218364
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0217872
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-1670
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0435
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0401394
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0399724
IRS990EZ/GrossReceiptsAmt03848
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0179937
IRS990EZ/LandAndBuildingsGrp/EOYAmt0179937
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0401394
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0399724
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0401394
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0399724
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GLENN WALTERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICKY WALTERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03093
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01915
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt05083
IRS990EZ/OtherRevenueTotalAmt02418
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0ECONOMIC DEVELOPMENT WITH A REVOLVING LOAN PROGRAM AVAILABLE TO QUALIFYING BUSINESS WITHIN BLADEN COUNTY.
IRS990EZ/ProgramServiceRevenueAmt01430
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ADMINISTER REVOLVING LOAN FUND, RECEIVED PAYMENTS DURING THE YEAR
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt05518
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt03848
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 2,418.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PROPERTY TAX. AMOUNT: 1,990. DESCRIPTION: BAD DEBT. AMOUNT: 3,093. TOTAL TO FORM 990-EZ, LINE 16: 5,083.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OUTSTANDING REVOLVING LOANS. BEG. OF YEAR AMOUNT: 3,093. END OF YEAR AMOUNT: 0. DESCRIPTION: N/R TRANSFER ERROR. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,915.
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
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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GLENN WALTERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09108723882
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLADEN DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0BLAD
ReturnHeader/Filer/EIN0560993356
ReturnHeader/Filer/PhoneNum09108723882
ReturnHeader/Filer/USAddress/AddressLine1Txt0805 5TH STREET
ReturnHeader/Filer/USAddress/CityNm0BLADENBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028320
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561824665
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THOMPSON PRICE SCOTT ADAMS & CO PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1690
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ELIZABETHTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028337
ReturnHeader/PreparerPersonGrp/PhoneNum09108628129
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R BRYON SCOTT
ReturnHeader/ReturnTs02025-10-10T08:30:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)4 • <$500k nonprofits