Civic Intelligence

Martin County Economic Development Corporation

990 • Fiscal year 2022 • EIN 56-2042675

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 28, 2024

Organization ProfileWWW.MARTINCOUNTYEDC.COM
415 East BlvdWilliamston, NC 27892

(252) 789-4904

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2022 filings • NTEE S • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

24th percentile

0.03x

Higher debt load relative to revenue than 24% of similar nonprofits.

2022 filings • NTEE S • $1M-$5M nonprofits • Source year 2022

Net Margin

47th percentile

6.5%

Higher net margin than 47% of similar nonprofits.

2022 filings • NTEE S • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

34th percentile

$8,114

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2022 filings • NTEE S • $1M-$5M nonprofits • Source year 2022

Asset Growth

44th percentile

0.4%

Faster asset growth than 44% of similar nonprofits.

2022 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

21st percentile

-14%

Faster revenue growth than 21% of similar nonprofits.

2022 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$1,786,300

Up $7,224 (+0.4%) from 2021

Net Assets

Up

$1,778,567

Up $15,275 (+0.9%) from 2021

Liabilities

Down

$7,733

Down $8,051 (-51%) from 2021

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin47th percentile

Revenue

Down

$234,468

Down $38,827 (-14%) from 2021

Expenses

Down

$219,193

Down $10,451 (-4.6%) from 2021

Net Income

Down

$15,275

Down $28,376 (-65%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$10M$5.0M$0Assets 2011: $8,036,549Liabilities 2011: $3,999,616Net Assets 2011: $4,036,9332011Assets 2012: $7,363,340Liabilities 2012: $3,587,656Net Assets 2012: $3,775,6842012Assets 2013: $6,128,046Liabilities 2013: $2,360,481Net Assets 2013: $3,767,5652013Assets 2014: $5,105,008Liabilities 2014: $1,047,020Net Assets 2014: $4,057,9882014Assets 2015: $6,179,066Liabilities 2015: $914,042Net Assets 2015: $5,265,0242015Assets 2016: $5,495,875Liabilities 2016: $363,471Net Assets 2016: $5,132,4042016Assets 2017: $5,184,602Liabilities 2017: $342,967Net Assets 2017: $4,841,6352017Assets 2018: $4,279,211Liabilities 2018: $324,749Net Assets 2018: $3,954,4622018Assets 2019: $1,825,260Liabilities 2019: $20,335Net Assets 2019: $1,804,9252019Assets 2020: $1,734,390Liabilities 2020: $14,749Net Assets 2020: $1,719,6412020Assets 2021: $1,779,076Liabilities 2021: $15,784Net Assets 2021: $1,763,2922021Assets 2022: $1,786,300Liabilities 2022: $7,733Net Assets 2022: $1,778,5672022Assets 2023: $1,956,605Liabilities 2023: $137,312Net Assets 2023: $1,819,2932023Assets 2024: $2,087,140Liabilities 2024: $125,313Net Assets 2024: $1,961,8272024Assets 2025: $2,192,464Liabilities 2025: $98,731Net Assets 2025: $2,093,7332025

Highlighted filing

2022

Assets$1,786,300
Liabilities$7,733
Net Assets$1,778,567
Open 2022 Filing

Operations Trend

Revenue Growth21st percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $2,736,266Expenses 2011: $2,823,506Net Income 2011: -$87,2402011Revenue 2012: $1,705,342Expenses 2012: $1,966,591Net Income 2012: -$261,2492012Expenses 2013: $1,075,2552013Revenue 2014: $1,004,392Expenses 2014: $713,969Net Income 2014: $290,4232014Revenue 2015: $1,817,423Expenses 2015: $610,387Net Income 2015: $1,207,0362015Revenue 2016: $467,565Expenses 2016: $600,185Net Income 2016: -$132,6202016Revenue 2017: $460,126Expenses 2017: $556,831Net Income 2017: -$96,7052017Revenue 2018: -$266,357Expenses 2018: $576,794Net Income 2018: -$843,1512018Revenue 2019: -$1,635,603Expenses 2019: $513,934Net Income 2019: -$2,149,5372019Revenue 2020: $205,096Expenses 2020: $290,380Net Income 2020: -$85,2842020Revenue 2021: $273,295Expenses 2021: $229,644Net Income 2021: $43,6512021Revenue 2022: $234,468Expenses 2022: $219,193Net Income 2022: $15,2752022Revenue 2023: $253,673Expenses 2023: $212,947Net Income 2023: $40,7262023Revenue 2024: $379,980Expenses 2024: $237,446Net Income 2024: $142,5342024Revenue 2025: $374,595Expenses 2025: $242,689Net Income 2025: $131,9062025

Highlighted filing

2022

Revenue$234,468
Expenses$219,193
Net Income$15,275
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 28, 2024
Return Version
2021v4.0
Gross Receipts
$234,468
Mission and Program Overview

Mission

To promote economic development within martin county, north carolina and surrounding areas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,512,435$1,512,435→ $0
Cash and Non-Interest-Bearing Accounts$261,233$271,868▲ $10,635
Accounts Receivable$3,007$909▼ $2,098
Land, Buildings, and Equipment, Net$860$588▼ $272
Total Assets$1,779,076$1,786,300▲ $7,224
Other Assets Total$1,541$500▼ $1,041
Liabilities
Other Liabilities$10,110$5,000▼ $5,110
Accounts Payable and Accrued Expenses$5,674$2,733▼ $2,941
Total Liabilities$15,784$7,733▼ $8,051
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,512,435$1,512,435→ $0
Net Assets Without Donor Restrictions$250,857$266,132▲ $15,275
Total Net Assets Fund Balance$1,763,292$1,778,567▲ $15,275
Total Liabilities and Net Assets / Fund Balance$1,779,076$1,786,300▲ $7,224

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$588$153,799$154,387
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jason SemplePresident/ceFT$8,114$8,114

Board Members and Trustees

NameTitle
Roy LilleyBoard Chair
Larry BiggsVice Chairma
Butch WhitleyBoard Member
David GurganusBoard Member
Georgie GriffinBoard Member
Gray CoreyBoard Member
Hank WinslowBoard Member
Judge Regina ParkerBoard Member
Sarah SproatAssistant Se
Mitchell ManningSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$151,288
Program Service Revenue
$82,801
Investment Income
$379
Other Revenue
$0
Change in Net Assets
$15,275

Audited Revenue Reconciliation

Revenue per Audited Statements
$234,468
Total Revenue per Audited Statements
$234,468
Total Revenue per Form 990
$234,468
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$154,212
Salaries, Compensation, and Employee Benefits$64,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$54,723--$54,723
Office Expenses$22,710--$22,710
Occupancy$16,197--$16,197
Fees for Services Accounting$10,342--$10,342
Other Expenses$9,577--$9,577
All Other Expenses$8,173--$8,173
Insurance$7,639--$7,639
Conferences and Meetings$5,870--$5,870
Other Employee Benefits$4,655$49-$4,704
Payroll Taxes$4,222--$4,222
Pension Plan Contributions$1,332--$1,332
Interest$277--$277
Depreciation Depletion$272--$272
Total Functional Expenses$219,144$49$0$219,193

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$219,193
Total Expenses per Audited Statements$219,193
Total Expenses per Form 990$219,193
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
Lease Deposits$5,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“Martin county appoints four of the board's members. The remaining members are elected by the board.”

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

“990 is reviewed by top management officials.”

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

“Compensation of the top management official is based on comparability data. Personnel committee makes compensation recommendations and board discusses and makes final decision.”

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

“Key employee salaries are based on comparability data and are approved by the board of directors. Officers are not compensated for their services.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Martin County Economic Development
EIN
56-2042675
Phone
2527894904
Address
415 EAST BLVD, WILLIAMSTON, NC 27892

Signing Officer

Name
Steve Biggs
Title
President/CEO
Phone
2527894904
Signed
2024-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roy Lilley
Formed
1997
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
10

Preparer

Firm
Donna H Winborne CPA Pc
Address
PO BOX 567, EDENTON, NC 27932
Preparer
Donna H Winborne
Phone
2524828461
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“Based on the evaluation of the organization's tax positions, management believes all positions taken would be upheld under examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended 6/30/22.”

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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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IRS990/ProgramServiceRevenueGrp/Desc1REIMBURSEMENTS INCOME
IRS990/ProgramServiceRevenueGrp/Desc2CONFERENCE ROOM RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt068546
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt111700
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22555
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt111700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22555
IRS990/ProgSrvcAccomActy2Grp/Desc0BUSINESS AND TECHNOLOGY CENTER INCLUDES PROVIDING INCUBATOR SPACE FOR SMALL BUSINESS AND ACCESS TO ADVANCED TECHNOLOGIES TO AREA BUSINESS, THE PUBLIC, AND AREA SCHOOLS. ALSO PROVIDES OFFICE SPACE TO FEDERAL, STATE, AND LOCAL GOVERNMENT ORGANIZATIONS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt096294
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt070895
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0154061
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01590
IRS990/PYOtherExpensesAmt0167628
IRS990/PYProgramServiceRevenueAmt0117644
IRS990/PYRevenuesLessExpensesAmt043651
IRS990/PYSalariesCompEmpBnftPaidAmt062016
IRS990/PYTotalExpensesAmt0229644
IRS990/PYTotalRevenueAmt0273295
IRS990/ReconcilationRevenueExpnssAmt015275
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt011906
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01512435
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01512435
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0151288
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0154061
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0160853
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0244447
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0244447
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0955096
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0379
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01590
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01991
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02073
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06052
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012085
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0964306
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98750
IRS990ScheduleA/PublicSupportPY170Pct00.98440
IRS990ScheduleA/PublicSupportTotal170Amt0955096
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0151288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0154061
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0160853
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0244447
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0244447
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0955096
IRS990ScheduleA/TotalSupportAmt0967181
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/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0219193
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0588
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0153799
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0154387
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0234468
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BASED ON THE EVALUATION OF THE ORGANIZATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR ENDED 6/30/22.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0588
IRS990ScheduleD/TotalExpensesPerForm990Amt0219193
IRS990ScheduleD/TotalLiabilityAmt05000
IRS990ScheduleD/TotalRevenuePerForm990Amt0234468
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0234468
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0219193
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MARTIN COUNTY APPOINTS FOUR OF THE BOARD'S MEMBERS. THE REMAINING MEMBERS ARE ELECTED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 IS REVIEWED BY TOP MANAGEMENT OFFICIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION OF THE TOP MANAGEMENT OFFICIAL IS BASED ON COMPARABILITY DATA. PERSONNEL COMMITTEE MAKES COMPENSATION RECOMMENDATIONS AND BOARD DISCUSSES AND MAKES FINAL DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3KEY EMPLOYEE SALARIES ARE BASED ON COMPARABILITY DATA AND ARE APPROVED BY THE BOARD OF DIRECTORS. OFFICERS ARE NOT COMPENSATED FOR THEIR SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0NORTHEAST TBC LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0415 EAST BLVD STE 1900
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0WILLIAMSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd027892
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01779076
IRS990/TotalAssetsEOYAmt01786300
IRS990/TotalAssetsGrp/BOYAmt01779076
IRS990/TotalAssetsGrp/EOYAmt01786300
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IRS990/TotalContributionsAmt0151288
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt049
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0219144
IRS990/TotalFunctionalExpensesGrp/TotalAmt0219193
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015784
IRS990/TotalLiabilitiesEOYAmt07733
IRS990/TotalLiabilitiesGrp/BOYAmt015784
IRS990/TotalLiabilitiesGrp/EOYAmt07733
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01763292
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01778567
IRS990/TotalProgramServiceExpensesAmt0219144
IRS990/TotalProgramServiceRevenueAmt082801
IRS990/TotalReportableCompFromOrgAmt08114
IRS990/TotalRevenueGrp/ExclusionAmt0379
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt082801
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0234468
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01779076
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01786300
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0415 EAST BLVD
IRS990/USAddress/CityNm0WILLIAMSTON
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027892
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.MARTINCOUNTYEDC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE BIGGS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02527894904
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARTIN COUNTY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0MART

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,786,300
Liabilities
$7,733
Net assets
$1,778,567
Revenue
$234,468
Expenses
$219,193
Net income
$15,275
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$0.10$2.09$0.37$0.24$0.13
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.09$0.13$1.96$0.38$0.24$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$0.14$1.82$0.25$0.21$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.79$0.01$1.78$0.23$0.22$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.02$1.76$0.27$0.23$0.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.01$1.72$0.21$0.29$0.09
2019Summary only. Only limited summary data is available for this year.$1.83$0.02$1.80$1.64$0.51$2.15
2018Summary only. Only limited summary data is available for this year.$4.28$0.32$3.95$0.27$0.58$0.84
2017Summary only. Only limited summary data is available for this year.$5.18$0.34$4.84$0.46$0.56$0.10
2016Summary only. Only limited summary data is available for this year.$5.50$0.36$5.13$0.47$0.60$0.13
2015Summary only. Only limited summary data is available for this year.$6.18$0.91$5.27$1.82$0.61$1.21
2014Detailed filing. Detailed filing data is available for this year.$5.11$1.05$4.06$1.00$0.71$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.13$2.36$3.77$1.08
2012Summary only. Only limited summary data is available for this year.$7.36$3.59$3.78$1.71$1.97$0.26
2011Summary only. Only limited summary data is available for this year.$8.04$4.00$4.04$2.74$2.82$0.09