Civic Intelligence

Upper Coastal Plains Development Corporation

EIN 56-2045572 • 501(c)4 • Wilson, NC

Profile

To incubate small business and promote small business growth in a 5 county region.

PO Box 9Wilson, NC 27894-0009

www.ucpbdc.com

Siviq Scores

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

Liabilities / Assets

77th percentile

0.23x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

1.10x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2023

Net Margin

23rd percentile

-8.2%

Higher net margin than 23% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

13th percentile

-12%

Faster asset growth than 13% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

66%

Faster revenue growth than 89% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$819,139

Down $71,905 (-8.1%) from 2023

Liabilities

Down

$167,964

Down $34,276 (-17%) from 2023

Net Assets

Down

$651,175

Down $37,629 (-5.5%) from 2023

Revenue

Down

$134,168

Down $50,029 (-27%) from 2023

Expenses

Down

$184,518

Down $14,852 (-7.4%) from 2023

Net Income

Down

-$50,350

Down $35,177 (-232%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,871,457Liabilities 2011: $1,040,975Net Assets 2011: $830,4822011Assets 2012: $1,304,031Liabilities 2012: $538,646Net Assets 2012: $765,3852012Assets 2013: $1,191,495Liabilities 2013: $402,336Net Assets 2013: $789,1592013Assets 2014: $1,150,009Liabilities 2014: $321,472Net Assets 2014: $828,5372014Assets 2015: $1,167,733Liabilities 2015: $312,092Net Assets 2015: $855,6412015Assets 2016: $1,199,006Liabilities 2016: $301,977Net Assets 2016: $897,0292016Assets 2017: $1,128,956Liabilities 2017: $247,310Net Assets 2017: $881,6462017Assets 2018: $1,032,162Liabilities 2018: $219,587Net Assets 2018: $812,5752018Assets 2019: $950,579Liabilities 2019: $198,534Net Assets 2019: $752,0452019Assets 2020: $896,394Liabilities 2020: $172,575Net Assets 2020: $723,8192020Assets 2021: $900,437Liabilities 2021: $189,284Net Assets 2021: $711,1532021Assets 2022: $1,011,742Liabilities 2022: $307,765Net Assets 2022: $703,9772022Assets 2023: $891,044Liabilities 2023: $202,240Net Assets 2023: $688,8042023Assets 2024: $819,139Liabilities 2024: $167,964Net Assets 2024: $651,1752024

Highlighted filing

2024

Assets$819,139
Liabilities$167,964
Net Assets$651,175

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $234,127Expenses 2011: $258,743Net Income 2011: -$24,6162011Revenue 2012: $246,955Expenses 2012: $245,911Net Income 2012: $1,0442012Revenue 2013: $235,066Expenses 2013: $221,491Net Income 2013: $13,5752013Revenue 2014: $246,954Expenses 2014: $207,216Net Income 2014: $39,7382014Revenue 2015: $270,733Expenses 2015: $242,617Net Income 2015: $28,1162015Revenue 2016: $155,837Expenses 2016: $192,234Net Income 2016: -$36,3972016Revenue 2017: $155,212Expenses 2017: $170,595Net Income 2017: -$15,3832017Revenue 2018: $146,575Expenses 2018: $209,812Net Income 2018: -$63,2372018Revenue 2019: $98,260Expenses 2019: $158,790Net Income 2019: -$60,5302019Revenue 2020: $139,253Expenses 2020: $167,479Net Income 2020: -$28,2262020Revenue 2021: $119,303Expenses 2021: $131,969Net Income 2021: -$12,6662021Revenue 2022: $110,926Expenses 2022: $130,296Net Income 2022: -$19,3702022Revenue 2023: $184,197Expenses 2023: $199,370Net Income 2023: -$15,1732023Revenue 2024: $134,168Expenses 2024: $184,518Net Income 2024: -$50,3502024

Highlighted filing

2024

Revenue$134,168
Expenses$184,518
Net Income-$50,350

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.82$0.17$0.65$0.13$0.18$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.89$0.20$0.69$0.18$0.20$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.01$0.31$0.70$0.11$0.13$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.90$0.19$0.71$0.12$0.13$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.90$0.17$0.72$0.14$0.17$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.95$0.20$0.75$0.10$0.16$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.03$0.22$0.81$0.15$0.21$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.13$0.25$0.88$0.16$0.17$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.20$0.30$0.90$0.16$0.19$0.04
2015Summary only. Only limited summary data is available for this year.$1.17$0.31$0.86$0.27$0.24$0.03
2014Summary only. Only limited summary data is available for this year.$1.15$0.32$0.83$0.25$0.21$0.04
2013Summary only. Only limited summary data is available for this year.$1.19$0.40$0.79$0.24$0.22$0.01
2012Summary only. Only limited summary data is available for this year.$1.30$0.54$0.77$0.25$0.25$0.00
2011Summary only. Only limited summary data is available for this year.$1.87$1.04$0.83$0.23$0.26$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 14, 2025
Return Version
2023v6.0
Gross Receipts
$134,168
Mission and Program Overview

Mission

To incubate small business and promote small business growth in a 5 county region.

Business development through small business incubation, education and small business loans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$638,489$597,168▼ $41,321
Cash and Non-Interest-Bearing Accounts$231,367$221,971▼ $9,396
Receivable From Disqualified Prsn$21,188--
Total Assets$891,044$819,139▼ $71,905
Liabilities
Mortgage Notes Payable Secured by Investment Property$165,098$165,098→ $0
Accounts Payable and Accrued Expenses$24,421$2,866▼ $21,555
Total Liabilities$189,519$167,964▼ $21,555
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$701,525$651,175▼ $50,350
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$701,525$651,175▼ $50,350
Total Liabilities and Net Assets / Fund Balance$891,044$819,139▼ $71,905

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$597,168$893,950$1,491,118
Other Land Buildings$0$0$0
Land$0-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Robert HiettCEOFT$146,236$146,236
Kelly LancasterCFO-$92,893$92,893

Board Members and Trustees

NameTitle
Bobby JonesPresident
Miranda BoykinVice President
Dia DentonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$134,168
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-50,350
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$184,518
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$108,778--$108,778
Depreciation Depletion$41,321--$41,321
All Other Expenses$22,823--$22,823
Office Expenses$4,417--$4,417
Insurance$3,532--$3,532
Fees for Services Other$2,645--$2,645
Information Technology$811--$811
Fees for Services Legal$101--$101
Fees for Services Accounting$90--$90
Total Functional Expenses$184,518$0$0$184,518
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$21,188--
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

Form 990, Part VI Section B, Line 11b THE BOARD DOES NOT REVIEW THE 990. THE 990 IS PRESENTED TO THE BOARD WITH THE FINANCIAL STATEMENTS

Form 990, Part VI, Section C, Line 19

Form 990 part vi section c line 19 the organization makes its governing documents and financial statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
Upper Coastal Plains Development Corporation
EIN
56-2045572
Phone
2524792103
Address
PO Box 9, Wilson, NC 27894-0009

Signing Officer

Name
Kelly Lancaster
Title
CFO
Phone
2524792103
Signed
2025-01-14

Organization Details

Principal Officer
Robert Hiett
Formed
1998
Legal Domicile
Nc
Voting Board Members
25
Independent Board Members
25
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Header, Line A

Upper coastal plains development corporation form 990, part vi, section b, line 11b - the board does not review the 990. The 990 is presented to the board with the financial statements. Form 990, part vi, section c, line 19 - the organization makes its governing documents and financial statements available to the public upon request.

Form 990, Part IX, Line 24E

Temporary staffing - 13,530 rend refund - 800 bank charges - 905 bad debt - 7588

Raw XML Appendix353 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
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UPPER COASTAL PLAINS DEVELOPMENT CORPORATION FORM 990, PART VI, SECTION B, LINE 11B - THE BOARD DOES NOT REVIEW THE 990. THE 990 IS PRESENTED TO THE BOARD WITH THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION C, LINE 19 - THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990, Part VI Section B, Line 11b THE BOARD DOES NOT REVIEW THE 990. THE 990 IS PRESENTED TO THE BOARD WITH THE FINANCIAL STATEMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 PART VI SECTION C LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TEMPORARY STAFFING - 13,530 REND REFUND - 800 BANK CHARGES - 905 BAD DEBT - 7588
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Header, Line A
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 IX, Line 24e
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Upper Coastal Plain Council of Governments
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0560991238
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Support Member Governments
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO Box 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Wilson
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0278940009
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0UPPER COASTAL PLAIN COUNCIL OF GOVERNMENTS
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule R, Part V, Line 2
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/TotalAssetsBOYAmt0891044
IRS990/TotalAssetsEOYAmt0819139
IRS990/TotalAssetsGrp/BOYAmt0891044
IRS990/TotalAssetsGrp/EOYAmt0819139
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0184518
IRS990/TotalFunctionalExpensesGrp/TotalAmt0184518
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0189519
IRS990/TotalLiabilitiesEOYAmt0167964
IRS990/TotalLiabilitiesGrp/BOYAmt0189519
IRS990/TotalLiabilitiesGrp/EOYAmt0167964
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0701525
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0651175
IRS990/TotalOtherCompensationAmt0239129
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0184518
IRS990/TotalProgramServiceRevenueAmt0134168
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0134168
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0134168
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0891044
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0819139
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 9
IRS990/USAddress/CityNm0Wilson
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd0278970009
IRS990/VotingMembersGoverningBodyCnt025
IRS990/VotingMembersIndependentCnt025
IRS990/WebsiteAddressTxt0www.ucpbdc.com
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0filed an extension
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kelly Lancaster
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum02524792103
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UPPER COASTAL PLAINS DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0UPPE
ReturnHeader/Filer/EIN0562045572
ReturnHeader/Filer/PhoneNum02524792103
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 9
ReturnHeader/Filer/USAddress/CityNm0Wilson
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0278940009
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-02-04T16:01:25-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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