Liabilities / Assets
10th percentile
Higher debt load relative to assets than 10% of similar nonprofits.
990 • Fiscal year 2020 • EIN 56-1957642
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
10th percentile
Higher debt load relative to assets than 10% of similar nonprofits.
Liabilities / Revenue
10th percentile
Higher debt load relative to revenue than 10% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
52nd percentile
Higher top officer pay than 52% of similar nonprofits.
Top officer pay equals 20.5% of source-year revenue.
Asset Growth
47th percentile
Faster asset growth than 47% of similar nonprofits.
Revenue Growth
83rd percentile
Faster revenue growth than 83% of similar nonprofits.
Assets
Up$1,653,312
Up $65,013 (+4.1%) from 2019
Net Assets
Up$1,651,968
Up $90,166 (+5.8%) from 2019
Liabilities
Down$1,344
Down $25,153 (-95%) from 2019
Revenue
Up$532,003
Up $162,184 (+44%) from 2019
Expenses
Up$441,837
Up $84,377 (+24%) from 2019
Net Income
Up$90,166
Up $77,807 (+630%) from 2019
Economic development of wilkes county
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $982,142 | $799,892 | ▼ $182,250 |
| Cash and Non-Interest-Bearing Accounts | $146,805 | $411,787 | ▲ $264,982 |
| Pledges and Grants Receivable | $355,500 | $309,800 | ▼ $45,700 |
| Investments Program Related | $74,824 | $74,824 | → $0 |
| Land, Buildings, and Equipment, Net | $9,857 | $55,909 | ▲ $46,052 |
| Other Notes and Loans Receivable, Net | $19,171 | - | - |
| Prepaid Expenses and Deferred Charges | - | $1,100 | - |
| Total Assets | $1,588,299 | $1,653,312 | ▲ $65,013 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $26,497 | $1,344 | ▼ $25,153 |
| Total Liabilities | $26,497 | $1,344 | ▼ $25,153 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $871,858 | $958,755 | ▲ $86,897 |
| Net Assets Without Donor Restrictions | $689,944 | $693,213 | ▲ $3,269 |
| Total Net Assets Fund Balance | $1,561,802 | $1,651,968 | ▲ $90,166 |
| Total Liabilities and Net Assets / Fund Balance | $1,588,299 | $1,653,312 | ▲ $65,013 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $55,909 | $65,040 | $120,949 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Leeann Nixon | President | FT | $94,800 | $14,520 | $109,320 |
| Robin Hamby | Vice Preside | FT | $69,480 | $13,254 | $82,734 |
| Name | Title |
|---|---|
| Terry Bumgarner | Chairman |
| Brett Cothren | Vice Chair |
| Amanda Perry | Director |
| Dale Isom | Director |
| Debbie Ferguson | Director |
| Eric Cramer | Director |
| Gary Daemer | Director |
| Gary Johnson | Director |
| George Smith | Director |
| Jim Smoak | Director |
| Joe Johnston | Director |
| John Cothern | Director |
| Keith Elmore | Director |
| Ron Wilcox | Director |
| Russ Ferree | Director |
| Victor Varela | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $237,015 |
| Salaries, Compensation, and Employee Benefits | $204,822 |
| Total Fundraising Expense | $10,241 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $64,122 | $91,944 | $8,214 | $164,280 |
| All Other Expenses | $32,470 | $2,611 | - | $35,081 |
| Advertising | $20,194 | - | - | $20,194 |
| Other Employee Benefits | $8,313 | $10,269 | $978 | $19,560 |
| Occupancy | $10,137 | $3,960 | - | $14,097 |
| Fees for Services Accounting | - | $13,649 | - | $13,649 |
| Payroll Taxes | $4,984 | $7,146 | $638 | $12,768 |
| Other Expenses | $10,648 | - | - | $10,648 |
| Pension Plan Contributions | $3,206 | $4,597 | $411 | $8,214 |
| Depreciation Depletion | $7,513 | - | - | $7,513 |
| Conferences and Meetings | $4,908 | - | - | $4,908 |
| Insurance | $2,350 | - | - | $2,350 |
| Office Expenses | $1,911 | - | - | $1,911 |
| Travel | $1,073 | - | - | $1,073 |
| Total Functional Expenses | $297,420 | $134,176 | $10,241 | $441,837 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The finance committee meets to review the form 990 in detail before it is submitted. The finance committee chairman reports the financial information to the full board at the next meeting. At that time copies are available for interested board members.”
“Any edc board member who is affiliated in any way with a company or potential project does not participate in discussion or vote on such matters pertaining to their involvement outside of our organization.”
“The north carolina school of government compiles information regarding compensation levels for a multitude of county and government positions across north carolina including economic developers. The results of this study are used in determining the compensation level of edc staff. Annual performance evaluations of staff members are performed by the executive committee. The executive committee is comprised of a representative from all funding partners (county, towns, and chamber). Any changes in compensation will be taken as a committee recommendation before the board at the next meeting for approval.”
“SAME AS FOR PRESIDENT”
“Copies are available upon request.”
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 | true |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 26497 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1344 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | ECONOMIC DEVELOPMENT OF WILKES COUNTY |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 20194 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 20194 |
| IRS990/AllOtherContributionsAmt | 0 | 95600 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2611 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 32470 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 35081 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | false |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ROBIN HAMBY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3368381402 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 213 NINTH STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NORTH WILKESBORO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28659 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 146805 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 411787 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 8214 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 91944 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 64122 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 164280 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 4908 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 4908 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 538400 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | -7196 |
| IRS990/CYOtherExpensesAmt | 0 | 237015 |
| IRS990/CYOtherRevenueAmt | 0 | 799 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 90166 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 204822 |
| IRS990/CYTotalExpensesAmt | 0 | 441837 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 10241 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 532003 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 7513 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 7513 |
| IRS990/Desc | 0 | ACTING AS AN ADVISORY COUNCIL TO LOCAL GOVERNMENTAL AGENCIES AND BUSINESSES IN WILKES COUNTY, NC, WHERE RECOMMENDATIONS OF GOALS AND OBJECTIVES ARE GIVEN FOR FUTURE ECONOMIC DEVELOPMENT. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 871858 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 958755 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 297420 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 13649 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 13649 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| 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/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 14520 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 13254 |
| 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/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | LEEANN NIXON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ROBIN HAMBY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TERRY BUMGARNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JOHN COTHERN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BRETT COTHREN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ERIC CRAMER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | GARY DAEMER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | KEITH ELMORE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | DEBBIE FERGUSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | RUSS FERREE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | DALE ISOM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | GARY JOHNSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | JOE JOHNSTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | AMANDA PERRY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | JIM SMOAK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | GEORGE SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | VICTOR VARELA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | RON WILCOX |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 94800 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 69480 |
| 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/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1996 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -9435 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -10000 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 13 |
| IRS990/GovernmentGrantsAmt | 0 | 442800 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 6740 |
| IRS990/GrossReceiptsAmt | 0 | 558178 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2350 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2350 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 12239 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 12239 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 74824 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 74824 |
| IRS990/IRPDocumentCnt | 0 | 11 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 65040 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 9857 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 55909 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 120949 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 16175 |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 10000 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | ECONOMIC DEVELOPMENT OF WILKES COUNTY |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1561802 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1651968 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -19435 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -19435 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 689944 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 693213 |
| IRS990/NoncashContributionsAmt | 0 | 5000 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 3960 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 10137 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 14097 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 1911 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1911 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 978 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 10269 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 8313 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 19560 |
| IRS990/OtherExpensesGrp/Desc | 0 | PRODUCT DEVELOPMENT-LEAP |
| IRS990/OtherExpensesGrp/Desc | 1 | RECOVERY ASSISTANCE-SMALL |
| IRS990/OtherExpensesGrp/Desc | 2 | EQUIPMENT EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 47484 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 46500 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 31607 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 10648 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 47484 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 46500 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 31607 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 10648 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANOUS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 799 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 799 |
| IRS990/OtherRevenueTotalAmt | 0 | 799 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 19171 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 638 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 7146 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 4984 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 12768 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 411 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 4597 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 3206 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 8214 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 355500 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 309800 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1100 |
| IRS990/PrincipalOfficerNm | 0 | LEEANN NIXON |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 356250 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 7130 |
| IRS990/PYOtherExpensesAmt | 0 | 153138 |
| IRS990/PYOtherRevenueAmt | 0 | 6439 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 12359 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 204322 |
| IRS990/PYTotalExpensesAmt | 0 | 357460 |
| IRS990/PYTotalRevenueAmt | 0 | 369819 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 90166 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 982142 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 799892 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | MISCELLANEOUS INCOME 8,789 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, LINE 10 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 538400 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 356250 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 358089 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 435927 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 406663 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2095329 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 12239 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10880 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2808 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3195 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2111 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 31233 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 7238 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2502 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 6287 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 8789 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.97780 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.98110 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2088036 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 7293 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 538400 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 356250 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 358089 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 435927 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 406663 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2095329 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2135351 |
| 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 | true |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 55909 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 65040 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 120949 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 55909 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FINANCE COMMITTEE MEETS TO REVIEW THE FORM 990 IN DETAIL BEFORE IT IS SUBMITTED. THE FINANCE COMMITTEE CHAIRMAN REPORTS THE FINANCIAL INFORMATION TO THE FULL BOARD AT THE NEXT MEETING. AT THAT TIME COPIES ARE AVAILABLE FOR INTERESTED BOARD MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ANY EDC BOARD MEMBER WHO IS AFFILIATED IN ANY WAY WITH A COMPANY OR POTENTIAL PROJECT DOES NOT PARTICIPATE IN DISCUSSION OR VOTE ON SUCH MATTERS PERTAINING TO THEIR INVOLVEMENT OUTSIDE OF OUR ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE NORTH CAROLINA SCHOOL OF GOVERNMENT COMPILES INFORMATION REGARDING COMPENSATION LEVELS FOR A MULTITUDE OF COUNTY AND GOVERNMENT POSITIONS ACROSS NORTH CAROLINA INCLUDING ECONOMIC DEVELOPERS. THE RESULTS OF THIS STUDY ARE USED IN DETERMINING THE COMPENSATION LEVEL OF EDC STAFF. ANNUAL PERFORMANCE EVALUATIONS OF STAFF MEMBERS ARE PERFORMED BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS COMPRISED OF A REPRESENTATIVE FROM ALL FUNDING PARTNERS (COUNTY, TOWNS, AND CHAMBER). ANY CHANGES IN COMPENSATION WILL BE TAKEN AS A COMMITTEE RECOMMENDATION BEFORE THE BOARD AT THE NEXT MEETING FOR APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SAME AS FOR PRESIDENT |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | COPIES ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.