Civic Intelligence

Neuse River Development Authority Inc

EIN 58-1381646 • 501(c)3 • New Bern, NC

Profile

Intermediary relending program allowing small businesses to expand in the region.

PO Box 1111New Bern, NC 28560

www.nrda.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

25th percentile

-16%

Higher net margin than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

99th percentile

$123,652

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 49.4% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

18th percentile

-51%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $3,787,184 (-100%) from 2015

Liabilities

Down

$0

Down $2,247,475 (-100%) from 2015

Net Assets

Down

$0

Down $1,539,709 (-100%) from 2015

Operations
Liabilities / Revenue62nd percentileNet Margin25th percentile

Revenue

Down

$250,270

Down $261,662 (-51%) from 2015

Expenses

Down

$291,507

Down $214,123 (-42%) from 2015

Net Income

Down

-$41,237

Down $47,539 (-754%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,397,365Liabilities 2011: $2,916,304Net Assets 2011: $1,481,0612011Assets 2012: $4,266,031Liabilities 2012: $2,759,540Net Assets 2012: $1,506,4912012Assets 2013: $4,091,799Liabilities 2013: $2,564,155Net Assets 2013: $1,527,6442013Assets 2014: $3,996,668Liabilities 2014: $2,463,260Net Assets 2014: $1,533,4082014Assets 2015: $3,787,184Liabilities 2015: $2,247,475Net Assets 2015: $1,539,7092015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0
Open 2016 Filing

Operations Trend

Revenue Growth18th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $466,537Expenses 2011: $421,727Net Income 2011: $44,8102011Revenue 2012: $576,894Expenses 2012: $551,463Net Income 2012: $25,4312012Revenue 2013: $480,278Expenses 2013: $459,127Net Income 2013: $21,1512013Revenue 2014: $451,864Expenses 2014: $446,099Net Income 2014: $5,7652014Revenue 2015: $511,932Expenses 2015: $505,630Net Income 2015: $6,3022015Revenue 2016: $250,270Expenses 2016: $291,507Net Income 2016: -$41,2372016

Highlighted filing

2016

Revenue$250,270
Expenses$291,507
Net Income-$41,237
Open 2016 Filing

Filings

Most recent year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$250,270
Expenses
$291,507
Net income
-$41,237
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.25$0.29$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.79$2.25$1.54$0.51$0.51$0.01
2014Detailed filing. Detailed filing data is available for this year.$4.00$2.46$1.53$0.45$0.45$0.01
2013Summary only. Only limited summary data is available for this year.$4.09$2.56$1.53$0.48$0.46$0.02
2012Summary only. Only limited summary data is available for this year.$4.27$2.76$1.51$0.58$0.55$0.03
2011Summary only. Only limited summary data is available for this year.$4.40$2.92$1.48$0.47$0.42$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to May 31, 2016
Signed
Sep 27, 2016
Return Version
2015v2.1
Gross Receipts
$250,270
Mission and Program Overview

Mission

Intermediary relending program allowing small businesses to expand in the region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,842,179$0▼ $1,842,179
Other Notes and Loans Receivable, Net$1,741,865$0▼ $1,741,865
Accounts Receivable$10,241$0▼ $10,241
Land, Buildings, and Equipment, Net$537$0▼ $537
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,787,184$0▼ $3,787,184
Other Assets Total$192,362$0▼ $192,362
Liabilities
Other Liabilities$2,212,328$0▼ $2,212,328
Accounts Payable and Accrued Expenses$35,147$0▼ $35,147
Total Liabilities$2,247,475$0▼ $2,247,475
Net Assets / Fund Balance
Temporarily Rstr Net Assets$910,000$0▼ $910,000
Unrestricted Net Assets$629,709$0▼ $629,709
Total Net Assets Fund Balance$1,539,709$0▼ $1,539,709
Total Liabilities and Net Assets / Fund Balance$3,787,184$0▼ $3,787,184
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Guy P Williams JrPresidentFT$123,652$123,652

Board Members and Trustees

NameTitle
Alice TingleVice-chair
Andy ChusedDirector
Denny GarnerDirector
Joanna HelmsDirector
Randolph MillsDirector
Renee RhodesDirector
Rick WatsonDirector
Mary Ann DunnSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$217,081
Investment Income
$33,189
Other Revenue
$0
Change in Net Assets
$-41,237
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$229,420
Other Expenses$62,087
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$211,882--$211,882
Fees for Services Accounting-$15,545-$15,545
Occupancy-$12,558-$12,558
Other Employee Benefits$11,634--$11,634
Pension Plan Contributions$5,904--$5,904
Interest$3,752--$3,752
Insurance$3,496--$3,496
Travel$2,027--$2,027
Other Expenses-$1,999-$1,999
All Other Expenses$1,750--$1,750
Office Expenses-$1,597-$1,597
Depreciation Depletion$387--$387
Fees for Services Legal$255--$255
Total Functional Expenses$241,087$50,420$0$291,507
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

“The form 990 was reviewed by the executive director and chief financial officer. Upon their approval, it was presented to the board for their review and approval.”

Form 990, Part VI, Section B, line 12C

“The board annually reviews the policy as a matter of policy. The board members, as part of their taking a board position, know to disclose interest that may give rise to conflicts. Also, employees are asked annually and reminded of this policy so that they too disclose interests that may give rise to conflicts.”

Form 990, Part VI, Section B, line 15

“The board of directors reviews the compensation for the president annually. This is done on a regional basis for comparable positions and minutes are documented as to decisions. It is independent of any employee involvement.”

Form 990, Part VI, Section C, line 19

“Information is available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Neuse River Development Authority Inc
EIN
58-1381646
Phone
2526386724
Address
PO BOX 1111, NEW BERN, NC 28560

Signing Officer

Name
Guy P Williams
Title
President
Phone
2526386724
Signed
2016-09-27

Organization Details

Principal Officer
Guy P Williams
Formed
1979
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
0

Preparer

Firm
Greg W Isley CPA Pa
Address
8601 SIX FORKS ROAD SUITE 400, Raleigh, NC 27615
Preparer
Greg W Isley CPA
Phone
2526700508
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Transfer of Net Assets to Merged 501(c)3 -1,498,472.”

Raw XML AppendixShowing 400 of 425 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt035147
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt010241
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0INTERMEDIARY RELENDING PROGRAM ALLOWING SMALL BUSINESSES TO EXPAND IN THE REGION.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01750
IRS990/AllOtherExpensesGrp/TotalAmt01750
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BARBARA BROWN
IRS990/BooksInCareOfDetail/PhoneNum02526386724
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1111
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW BERN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028560
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01842179
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt0211882
IRS990/CompDisqualPersonsGrp/TotalAmt0211882
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt033189
IRS990/CYOtherExpensesAmt062087
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0217081
IRS990/CYRevenuesLessExpensesAmt0-41237
IRS990/CYSalariesCompEmpBnftPaidAmt0229420
IRS990/CYTotalExpensesAmt0291507
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0250270
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0387
IRS990/DepreciationDepletionGrp/TotalAmt0387
IRS990/Desc0SMALL BUSINESS ADMINISTRATION - LOANS ARE MADE TO ELIGIBLE INDIVIDUALS/ENTITIES TO BENEFIT THE LOCAL ECONOMY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0154613
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015545
IRS990/FeesForServicesAccountingGrp/TotalAmt015545
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0255
IRS990/FeesForServicesLegalGrp/TotalAmt0255
IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
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/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/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/PersonNm0ANDY CHUSED
IRS990/Form990PartVIISectionAGrp/PersonNm1DENNY GARNER
IRS990/Form990PartVIISectionAGrp/PersonNm2JOANNA HELMS
IRS990/Form990PartVIISectionAGrp/PersonNm3RANDOLPH MILLS
IRS990/Form990PartVIISectionAGrp/PersonNm4RENEE RHODES
IRS990/Form990PartVIISectionAGrp/PersonNm5RICK WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm6ALICE TINGLE
IRS990/Form990PartVIISectionAGrp/PersonNm7GUY P WILLIAMS JR
IRS990/Form990PartVIISectionAGrp/PersonNm8MARY ANN DUNN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7123652
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/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0250270
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt03496
IRS990/InsuranceGrp/TotalAmt03496
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt03752
IRS990/InterestGrp/TotalAmt03752
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt033189
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt033189
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0537
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INTERMEDIARY RELENDING PROGRAM ALLOWING SMALL BUSINESSES TO EXPAND IN THE REGION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01539709
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt012558
IRS990/OccupancyGrp/TotalAmt012558
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01597
IRS990/OfficeExpensesGrp/TotalAmt01597
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0192362
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-1498472
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011634
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011634
IRS990/OtherExpensesGrp/Desc0EQUIPMENT AND MAINTENAN
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2BOARD EXPENSES AND ANNU
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010355
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16223
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22143
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31999
IRS990/OtherExpensesGrp/TotalAmt010355
IRS990/OtherExpensesGrp/TotalAmt16223
IRS990/OtherExpensesGrp/TotalAmt22143
IRS990/OtherExpensesGrp/TotalAmt31999
IRS990/OtherLiabilitiesGrp/BOYAmt02212328
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01741865
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05904
IRS990/PensionPlanContributionsGrp/TotalAmt05904
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0GUY P WILLIAMS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/Desc0INTERMEDIARY LENDING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0217081
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0217081
IRS990/ProgSrvcAccomActy2Grp/Desc0USDA INTERMEDIARY RELENDING PROGRAM - THE AUTHORITY ASSISTS BORROWERS IN OBTAINING IRP GUARANTY LOANS FOR BUSINESSES IN RURAL AREAS OF EASTERN NORTH CAROLINA.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt08806
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt027918
IRS990/ProgSrvcAccomActy3Grp/Desc0NON MAJOR PROGRAMS AND GENERAL
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt077668
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt025503
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0140580
IRS990/PYOtherExpensesAmt0232693
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0371352
IRS990/PYRevenuesLessExpensesAmt06302
IRS990/PYSalariesCompEmpBnftPaidAmt0272937
IRS990/PYTotalExpensesAmt0505630
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0511932
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-41237
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0196849
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ENTITY MERGED WITH ANOTHER 501(C)3.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part III, Short Year Explanation:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05615
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt07979
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt015353
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0145551
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0169442
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0343940
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0244655
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0503953
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0436511
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0334727
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0407752
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01927598
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05615
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07979
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt015353
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0145551
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0169442
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0343940
IRS990ScheduleA/InvestmentIncomeCYPct00.15140
IRS990ScheduleA/InvestmentIncomePYPct00.21340
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.84860
IRS990ScheduleA/PublicSupportPY509Pct00.78660
IRS990ScheduleA/PublicSupportTotal509Amt01927598
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0244655
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0503953
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0436511
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0334727
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0407752
IRS990ScheduleA/Total509Grp/TotalAmt01927598
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0250270
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0511932
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0451864
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0480278
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0577194
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02271538
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0All Net Assets
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Business Expansion Funding Corporation
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02016-05-26
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0561434029
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt01498472
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501c3
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0ASSETS AND LIABILATIES WERE TRANSFERED AT NBV WHICH IS EQUAL TO FMV.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt05970 Fairview Road suite 218
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Charlotte
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0NC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd028210
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0All Assets were transfered at NBV in merger with another 501(c)3.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS REVIEWED BY THE EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER. UPON THEIR APPROVAL, IT WAS PRESENTED TO THE BOARD FOR THEIR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD ANNUALLY REVIEWS THE POLICY AS A MATTER OF POLICY. THE BOARD MEMBERS, AS PART OF THEIR TAKING A BOARD POSITION, KNOW TO DISCLOSE INTEREST THAT MAY GIVE RISE TO CONFLICTS. ALSO, EMPLOYEES ARE ASKED ANNUALLY AND REMINDED OF THIS POLICY SO THAT THEY TOO DISCLOSE INTERESTS THAT MAY GIVE RISE TO CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION FOR THE PRESIDENT ANNUALLY. THIS IS DONE ON A REGIONAL BASIS FOR COMPARABLE POSITIONS AND MINUTES ARE DOCUMENTED AS TO DECISIONS. IT IS INDEPENDENT OF ANY EMPLOYEE INVOLVEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INFORMATION IS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Transfer of Net Assets to Merged 501(c)3 -1,498,472.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0910000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt03787184
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt03787184
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050420
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0241087
IRS990/TotalFunctionalExpensesGrp/TotalAmt0291507
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02247475
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt02247475
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01539709
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0241087
IRS990/TotalProgramServiceRevenueAmt0217081
IRS990/TotalReportableCompFromOrgAmt0123652
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0250270
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0250270
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03787184
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt02027
IRS990/TravelGrp/TotalAmt02027
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0629709
IRS990/UnrestrictedNetAssetsGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1111
IRS990/USAddress/CityNm0NEW BERN
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028560
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.nrda.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GUY P WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits