Civic Intelligence

Gaston County Development Corporation

EIN 58-1792056 • 501(c)6 • Gastonia, NC

Profile

Stimulate economic development in gaston county.

PO Box 2339Gastonia, NC 28053-2339

n/A

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

5th percentile

-202%

Higher net margin than 5% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

46th percentile

-3.7%

Faster asset growth than 46% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

48th percentile

-1.6%

Faster revenue growth than 48% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$203,711

Down $7,920 (-3.7%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$203,711

Down $7,920 (-3.7%) from 2020

Revenue

Down

$5,074

Down $84 (-1.6%) from 2020

Expenses

Down

$15,345

Down $7,307 (-32%) from 2020

Net Income

Up

-$10,271

Up $7,223 (+41%) from 2020

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $258,205Liabilities 2012: $0Net Assets 2012: $258,2052012Assets 2013: $256,252Liabilities 2013: $0Net Assets 2013: $256,2522013Assets 2014: $258,869Liabilities 2014: $0Net Assets 2014: $258,8692014Assets 2015: $277,649Liabilities 2015: $0Net Assets 2015: $277,6492015Assets 2016: $271,665Liabilities 2016: $0Net Assets 2016: $271,6652016Assets 2017: $263,208Liabilities 2017: $02017Assets 2018: $244,930Liabilities 2018: $0Net Assets 2018: $244,9302018Assets 2019: $229,125Liabilities 2019: $0Net Assets 2019: $229,1252019Assets 2020: $211,631Liabilities 2020: $0Net Assets 2020: $211,6312020Assets 2021: $203,711Liabilities 2021: $0Net Assets 2021: $203,7112021

Highlighted filing

2021

Assets$203,711
Liabilities$0
Net Assets$203,711

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: $71,151Expenses 2012: $58,536Net Income 2012: $12,6152012Revenue 2013: $70,928Expenses 2013: $72,881Net Income 2013: -$1,9532013Revenue 2014: $60,100Expenses 2014: $57,483Net Income 2014: $2,6172014Revenue 2015: $55,048Expenses 2015: $36,268Net Income 2015: $18,7802015Revenue 2016: $32,155Expenses 2016: $38,139Net Income 2016: -$5,9842016Revenue 2017: $24,469Expenses 2017: $32,926Net Income 2017: -$8,4572017Revenue 2018: $5,150Expenses 2018: $23,428Net Income 2018: -$18,2782018Revenue 2019: $5,374Expenses 2019: $21,179Net Income 2019: -$15,8052019Revenue 2020: $5,158Expenses 2020: $22,652Net Income 2020: -$17,4942020Revenue 2021: $5,074Expenses 2021: $15,345Net Income 2021: -$10,2712021

Highlighted filing

2021

Revenue$5,074
Expenses$15,345
Net Income-$10,271

Filings

Latest Detailed Filing

The latest 2021 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 5, 2016
Return Version
2015v2.1
Gross Receipts
$32,155
Mission and Program Overview

Mission

Stimulate economic development in gaston county.

Program Services

DescriptionGrantsExpenses
ATTRACT NEW, QUALITY INDUSTRY AND COMMERCE, HELP EXISTING INDUSTRIES GROW, AND STIMULATE DEVELOPMENT OF APPROPRIATE INDUSTRIAL LAND & BUILDINGS IN GASTON COUNTY.$0$0
TO PROVIDE VALUE TO SITE SELECTION PROFESSIONALS AND THOSE RESPONSIBLE FOR LOCATION ANALYSIS FOR COMPANIES. THE ENTITY OFFERS QUALITY DATA AND A CUSTOMIZED PACKAGE OF INFORMATION TO MEET SPECIFIC NEEDS.$0$0
THE ENTITY OFFERS INCENTIVE AND GRANT ASSISTANCE TO PROSPECTIVE COMPANIES.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
G DONALD HICKSExecutive DirectorFT$0--
Fred JACKSONChairmanPT$0--
RICHARD CROMLISH JRVice-ChairmanPT$0--
JEFF BOOKERBoard Member-$0--
JACK BROWNBoard Member-$0--
ROBERT BROWNEBoard Member-$0--
JOE D CARPENTERBoard Member-$0--
Robert ClayBoard Member-$0--
BRENDA CRAIGBoard Member-$0--
RONDEL GUFFEYBoard Member-$0--
Joel LongBoard Member-$0--
JOHN LOWERYBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Gaston County Development Corporation
EIN
58-1792056
Phone
7048254046
Address
PO Box 2339, Gastonia, NC 28053-2339

Signing Officer

Name
G Donald Hicks
Title
Executive Director
Phone
7048674771
Signed
2016-10-05
Discuss with paid preparer
Yes

Preparer

Firm
Cherry Bekaert Llp
Address
332 Burtonwood Drive, Gastonia, NC 28054
Preparer
Trent Wilson
Phone
7048652396
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: INTEREST INCOME. Amount: 45.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: MARKETING AND BUSINESS DEVELOPMENT. Amount: 16,062. Description: DUES & MEMBERSHIPS. Amount: 7,173. Description: SPONSORSHIPS. Amount: 6,946. Description: BANK CHARGES. Amount: 48. Description: HOSPITALITY. Amount: 5,765. Description: MISCELLANEOUS EXPENSES. Amount: 200. Total to Form 990-EZ, line 16: 36,194.

Raw XML Appendix165 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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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DONNY HICKS
IRS990EZ/BooksInCareOfDetail/PhoneNum07048254046
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2339
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GASTONIA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0280532339
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0262379
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0256395
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0G DONALD HICKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Fred JACKSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RICHARD CROMLISH JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JEFF BOOKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JACK BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ROBERT BROWNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JOE D CARPENTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Robert Clay
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8BRENDA CRAIG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9RONDEL GUFFEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Joel Long
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11JOHN LOWERY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE-CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt036194
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0STIMULATE ECONOMIC DEVELOPMENT IN GASTON COUNTY.
IRS990EZ/ProgramServiceRevenueAmt032110
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ATTRACT NEW, QUALITY INDUSTRY AND COMMERCE, HELP EXISTING INDUSTRIES GROW, AND STIMULATE DEVELOPMENT OF APPROPRIATE INDUSTRIAL LAND & BUILDINGS IN GASTON COUNTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROVIDE VALUE TO SITE SELECTION PROFESSIONALS AND THOSE RESPONSIBLE FOR LOCATION ANALYSIS FOR COMPANIES. THE ENTITY OFFERS QUALITY DATA AND A CUSTOMIZED PACKAGE OF INFORMATION TO MEET SPECIFIC NEEDS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE ENTITY OFFERS INCENTIVE AND GRANT ASSISTANCE TO PROSPECTIVE COMPANIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt038139
IRS990EZ/TotalRevenueAmt032155
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: INTEREST INCOME. Amount: 45.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: MARKETING AND BUSINESS DEVELOPMENT. Amount: 16,062. Description: DUES & MEMBERSHIPS. Amount: 7,173. Description: SPONSORSHIPS. Amount: 6,946. Description: BANK CHARGES. Amount: 48. Description: HOSPITALITY. Amount: 5,765. Description: MISCELLANEOUS EXPENSES. Amount: 200. Total to Form 990-EZ, line 16: 36,194.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0G DONALD HICKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07048674771
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Gaston County Development Corporation
ReturnHeader/Filer/BusinessNameControlTxt0GAST
ReturnHeader/Filer/EIN0581792056
ReturnHeader/Filer/PhoneNum07048254046
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 2339
ReturnHeader/Filer/USAddress/CityNm0Gastonia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0280532339
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560574444
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHERRY BEKAERT LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0332 Burtonwood Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Gastonia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028054
ReturnHeader/PreparerPersonGrp/PhoneNum07048652396
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Trent Wilson
ReturnHeader/ReturnTs02016-10-11T15:22:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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