Civic Intelligence

North Carolinas Eastern Economic Development Corporation

990 • Fiscal year 2020 • EIN 56-1995352

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 01, 2021

Organization ProfileN/A
216 S Broad Street No 202Edenton, NC 27932

(252) 482-4333

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.00x

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

2020 filings • NTEE B99 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.00x

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

2020 filings • NTEE B99 • <$500k nonprofits • Source year 2020

Net Margin

44th percentile

4.1%

Higher net margin than 44% of similar nonprofits.

2020 filings • NTEE B99 • <$500k nonprofits • Source year 2020

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2020 filings • NTEE B99 • <$500k nonprofits • Source year 2020

Asset Growth

35th percentile

-0.8%

Faster asset growth than 35% of similar nonprofits.

2020 filings • NTEE B99 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-32%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • NTEE B99 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets54th percentile

Assets

Down

$239,375

Down $1,902 (-0.8%) from 2019

Net Assets

Up

$239,375

Up $6,428 (+2.8%) from 2019

Liabilities

Down

$0

Down $8,330 (-100%) from 2019

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin44th percentile

Revenue

Down

$156,162

Down $71,909 (-32%) from 2019

Expenses

Down

$149,734

Down $96,585 (-39%) from 2019

Net Income

Up

$6,428

Up $24,676 (+135%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $49,947Liabilities 2011: $53,5242011Assets 2012: $66,696Liabilities 2012: $27,2002012Assets 2013: $62,181Liabilities 2013: $0Net Assets 2013: $62,1812013Assets 2014: $62,185Liabilities 2014: $02014Assets 2015: $500,051Liabilities 2015: $0Net Assets 2015: $500,0512015Assets 2016: $295,700Liabilities 2016: $63,738Net Assets 2016: $231,9622016Assets 2017: $192,790Liabilities 2017: $18,824Net Assets 2017: $173,9662017Assets 2018: $280,166Liabilities 2018: $28,971Net Assets 2018: $251,1952018Assets 2019: $241,277Liabilities 2019: $8,330Net Assets 2019: $232,9472019Assets 2020: $239,375Liabilities 2020: $0Net Assets 2020: $239,3752020Assets 2021: $189,275Liabilities 2021: $35,044Net Assets 2021: $154,2312021Assets 2022: $266,767Liabilities 2022: $68,372Net Assets 2022: $198,3952022Assets 2023: $1,993,344Liabilities 2023: $38,996Net Assets 2023: $1,954,3482023

Highlighted filing

2020

Assets$239,375
Liabilities$0
Net Assets$239,375
Open 2020 Filing

Operations Trend

Revenue Growth41st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $97,410Expenses 2011: $189,917Net Income 2011: -$92,5072011Revenue 2012: $133,020Expenses 2012: $89,948Net Income 2012: $43,0722012Revenue 2013: $35,928Expenses 2013: $40,443Net Income 2013: -$4,5152013Revenue 2014: $4Expenses 2014: $0Net Income 2014: $42014Revenue 2015: $500,002Expenses 2015: $62,136Net Income 2015: $437,8662015Revenue 2016: $305,231Expenses 2016: $573,320Net Income 2016: -$268,0892016Revenue 2017: $241,263Expenses 2017: $299,259Net Income 2017: -$57,9962017Revenue 2018: $290,587Expenses 2018: $213,358Net Income 2018: $77,2292018Revenue 2019: $228,071Expenses 2019: $246,319Net Income 2019: -$18,2482019Revenue 2020: $156,162Expenses 2020: $149,734Net Income 2020: $6,4282020Revenue 2021: $278,392Expenses 2021: $363,536Net Income 2021: -$85,1442021Revenue 2022: $812,466Expenses 2022: $768,302Net Income 2022: $44,1642022Revenue 2023: $2,617,071Expenses 2023: $861,118Net Income 2023: $1,755,9532023

Highlighted filing

2020

Revenue$156,162
Expenses$149,734
Net Income$6,428
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 1, 2021
Return Version
2019v5.2
Gross Receipts
$156,162
Mission and Program Overview

Mission

Organized exclusively for charitable, religious, educational and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the irs code.

The organization is developing networks through the collaborative efforts of regional businesses, school districts, economic development municipalities, private foundations, state and local government and many others, our intent is that students across our region will engage in real-world stem learning opportunities that directly align with career opportunities in eastern north carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$171,323$181,683▲ $10,360
Pledges and Grants Receivable$20,000$0▼ $20,000
Total Assets$241,277$239,375▼ $1,902
Other Assets Total$49,954$57,692▲ $7,738
Liabilities
Accounts Payable and Accrued Expenses$8,330$0▼ $8,330
Total Liabilities$8,330$0▼ $8,330
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$206,494$190,888▼ $15,606
Net Assets With Donor Restrictions$26,453$48,487▲ $22,034
Total Net Assets Fund Balance$232,947$239,375▲ $6,428
Total Liabilities and Net Assets / Fund Balance$241,277$239,375▼ $1,902

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$57,692--
Compensation and Service Providers
Top Officer Pay72nd percentile

Board Members and Trustees

NameTitle
Vann RogersonInterim CEO & President
Todd EdwardsVice Chair
Mark HamblinChariman
Amy BraswellMember
Dr Michael Van ScottMember
Dr Michael WaldrumMember
Roland VaughanMember
Sharon PaynterMember
Tracey JohnsonMember
Revenue and Support

Revenue Composition

Contributions and Grants
$156,162
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$156,162
Change in Net Assets
$6,428

Audited Revenue Reconciliation

Revenue per Audited Statements
$156,162
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$156,162
Total Revenue per Form 990
$156,162
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$149,734
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$12,000--$12,000
Advertising$55--$55
Other Expenses$40--$40
Total Functional Expenses$149,734$0$0$149,734

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$149,734
Total Expenses per Audited Statements$149,734
Total Expenses per Form 990$149,734
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“The board members are encouraged to recommend individuals from the community they believe may provide management, financial, legal, public relations or program service related expertise for the foundation.”

Form 990, Part VI, Section B, Line 11B

“The governing body will review the return prior to filing.”

Form 990, Part VI, Section C, Line 19

“Documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
NORTH CAROLINA'S ECONOMIC DEVELOPMENT
EIN
56-1995352
Phone
2524824333
Address
216 S BROAD STREET NO 202, EDENTON, NC 27932

Signing Officer

Name
Vann Rogerson
Title
Executive Director
Phone
2526896496
Signed
2021-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Van Rogerson
Formed
1996
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Carr Riggs & Ingram LLC
Address
2805 N PARK DRIVE, GOLDSBORO, NC 27532
Preparer
Michael C Jordan CPA
Phone
9197518297
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“No change in oversight during the year.”

Financial Statement Notes

PART X, LINE 2:

“The organization follows guidance in asc 740-10, income taxes as it relates to uncertain tax positions. Any interest and penalties recognized associated with a tax position are classified as current liabilities within the organization's financial statements. Management believes all positions taken would be upheld under examination. Therefore, no provisions for the effects of uncertain tax positions have been recorded for the year ended june 30, 2020.”

Raw XML Appendix393 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08330
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION IS DEVELOPING NETWORKS THROUGH THE COLLABORATIVE EFFORTS OF REGIONAL BUSINESSES, SCHOOL DISTRICTS, ECONOMIC DEVELOPMENT MUNICIPALITIES, PRIVATE FOUNDATIONS, STATE AND LOCAL GOVERNMENT AND MANY OTHERS, OUR INTENT IS THAT STUDENTS ACROSS OUR REGION WILL ENGAGE IN REAL-WORLD STEM LEARNING OPPORTUNITIES THAT DIRECTLY ALIGN WITH CAREER OPPORTUNITIES IN EASTERN NORTH CAROLINA.
IRS990/AdvertisingGrp/ProgramServicesAmt055
IRS990/AdvertisingGrp/TotalAmt055
IRS990/AllOtherContributionsAmt0156162
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0HANNAH JONES
IRS990/BooksInCareOfDetail/PhoneNum02526896496
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0216 S BROAD ST STE 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0EDENTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027932
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0171323
IRS990/CashNonInterestBearingGrp/EOYAmt0181683
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0156162
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0149734
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt06428
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0149734
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0156162
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0DURING THE YEAR, THE ORGANIZATION WORKED DIRECTLY WITH MANY BOARD OF EDUCATION THROUGHOUT EASTERN NORTH CAROLINA, ASSISTING IN IMPLEMENTING STEM EDUCATIONAL TOOLS AND LEARNING ENVIRONMENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt026453
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt048487
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0149734
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0VANN ROGERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK HAMBLIN
IRS990/Form990PartVIISectionAGrp/PersonNm2TODD EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm3DR MICHAEL VAN SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm4DR MICHAEL WALDRUM
IRS990/Form990PartVIISectionAGrp/PersonNm5ROLAND VAUGHAN
IRS990/Form990PartVIISectionAGrp/PersonNm6AMY BRASWELL
IRS990/Form990PartVIISectionAGrp/PersonNm7SHARON PAYNTER
IRS990/Form990PartVIISectionAGrp/PersonNm8TRACEY JOHNSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0INTERIM CEO & PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHARIMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0156162
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION IS DEVELOPING NETWORKS THROUGH THE COLLABORATIVE EFFORTS OF REGIONAL BUSINESSES, SCHOOL DISTRICTS, ECONOMIC DEVELOPMENT MUNICIPALITIES, PRIVATE FOUNDATIONS, STATE AND LOCAL GOVERNMENT AND MANY OTHERS, OUR INTENT IS THAT STUDENTS ACROSS OUR REGION WILL ENGAGE IN REAL-WORLD STEM LEARNING OPPORTUNITIES THAT DIRECTLY ALIGN WITH CAREER OPPORTUNITIES IN EASTERN NORTH CAROLINA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0232947
IRS990/NetAssetsOrFundBalancesEOYAmt0239375
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0206494
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0190888
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt012000
IRS990/OccupancyGrp/TotalAmt012000
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt049954
IRS990/OtherAssetsTotalGrp/EOYAmt057692
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENDITURES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt0137639
IRS990/OtherExpensesGrp/ProgramServicesAmt140
IRS990/OtherExpensesGrp/TotalAmt0137639
IRS990/OtherExpensesGrp/TotalAmt140
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt020000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0VAN ROGERSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0227760
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0311
IRS990/PYOtherExpensesAmt0246319
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-18248
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0246319
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0228071
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt06428
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0156162
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0227760
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0255542
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0203555
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0289326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01132345
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0311
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0311
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01132345
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0156162
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0227760
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0255542
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0203555
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0289326
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01132345
IRS990ScheduleA/TotalSupportAmt01132656
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0149734
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt057692
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INTERCOMPANY RECEIVABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0156162
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS GUIDANCE IN ASC 740-10, INCOME TAXES AS IT RELATES TO UNCERTAIN TAX POSITIONS. ANY INTEREST AND PENALTIES RECOGNIZED ASSOCIATED WITH A TAX POSITION ARE CLASSIFIED AS CURRENT LIABILITIES WITHIN THE ORGANIZATION'S FINANCIAL STATEMENTS. MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER EXAMINATION. THEREFORE, NO PROVISIONS FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAVE BEEN RECORDED FOR THE YEAR ENDED JUNE 30, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt057692
IRS990ScheduleD/TotalExpensesPerForm990Amt0149734
IRS990ScheduleD/TotalRevenuePerForm990Amt0156162
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0156162
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0149734
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS ARE ENCOURAGED TO RECOMMEND INDIVIDUALS FROM THE COMMUNITY THEY BELIEVE MAY PROVIDE MANAGEMENT, FINANCIAL, LEGAL, PUBLIC RELATIONS OR PROGRAM SERVICE RELATED EXPERTISE FOR THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY WILL REVIEW THE RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGE IN OVERSIGHT DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NORTH CAROLINAS EASTERN ALLIANCE CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0510422797
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROMOTE AND ENCOURAGE ECONOMIC DEVELOPMENT WITHIN EASTERN NORTH CAROLINA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0216 S BROAD ST STE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0EDENTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027932
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NORTH CAROLINAS EASTERN ALLIANCE CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1NORTH CAROLINAS EASTERN ALLIANCE CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0241277
IRS990/TotalAssetsEOYAmt0239375
IRS990/TotalAssetsGrp/BOYAmt0241277
IRS990/TotalAssetsGrp/EOYAmt0239375
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0156162
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0149734
IRS990/TotalFunctionalExpensesGrp/TotalAmt0149734
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08330
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt08330
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0232947
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0239375
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0149734
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0156162
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0241277
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0239375
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0216 S BROAD STREET NO 202
IRS990/USAddress/CityNm0EDENTON
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027932
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0VANN ROGERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02526896496
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTH CAROLINA'S ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0561995352
ReturnHeader/Filer/PhoneNum02524824333
ReturnHeader/Filer/USAddress/AddressLine1Txt0216 S BROAD STREET NO 202
ReturnHeader/Filer/USAddress/CityNm0EDENTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027932
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721396621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARR RIGGS & INGRAM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02805 N PARK DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GOLDSBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027532
ReturnHeader/PreparerPersonGrp/PhoneNum09197518297
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL C JORDAN CPA
ReturnHeader/ReturnTs02021-10-12T09:16:23-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$239,375
Liabilities
$0
Net assets
$239,375
Revenue
$156,162
Expenses
$149,734
Net income
$6,428
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.99$0.04$1.95$2.62$0.86$1.76
2022Detailed filing. Detailed filing data is available for this year.$0.27$0.07$0.20$0.81$0.77$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.19$0.04$0.15$0.28$0.36$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.16$0.15$0.01
2019Summary only. Only limited summary data is available for this year.$0.24$0.01$0.23$0.23$0.25$0.02
2018Summary only. Only limited summary data is available for this year.$0.28$0.03$0.25$0.29$0.21$0.08
2017Summary only. Only limited summary data is available for this year.$0.19$0.02$0.17$0.24$0.30$0.06
2016Summary only. Only limited summary data is available for this year.$0.30$0.06$0.23$0.31$0.57$0.27
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.50$0.06$0.44
2014Summary only. Only limited summary data is available for this year.$0.06$0.00$0.00$0.00$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.04$0.04$0.00
2012Summary only. Only limited summary data is available for this year.$0.07$0.03$0.13$0.09$0.04
2011Summary only. Only limited summary data is available for this year.$0.05$0.05$0.10$0.19$0.09