Civic Intelligence

Burke Partnership for Economic Development Inc.

990 • Fiscal year 2025 • EIN 59-3762106

Jul 01, 2024 to Jun 30, 2025 • Filed on Oct 21, 2025

Organization ProfileBURKEDEVINC.COM
2128 South Sterling Street 150Morganton, NC 28655

(828) 764-9370

Siviq Scores

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

Liabilities / Assets

94th percentile

0.91x

Higher debt load relative to assets than 94% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

98th percentile

18.21x

Higher debt load relative to revenue than 98% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

86th percentile

38%

Higher net margin than 86% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

23rd percentile

$160,382

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

32nd percentile

1.2%

Faster asset growth than 32% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

97th percentile

151%

Faster revenue growth than 97% of similar nonprofits.

2025 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$39,027,208

Up $473,791 (+1.2%) from 2024

Net Assets

Up

$3,458,196

Up $734,263 (+27%) from 2024

Liabilities

Down

$35,569,012

Down $260,472 (-0.7%) from 2024

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin86th percentile

Revenue

Up

$1,953,254

Up $1,174,671 (+151%) from 2024

Expenses

Up

$1,218,991

Up $561,692 (+85%) from 2024

Net Income

Up

$734,263

Up $612,979 (+505%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$40M$30M$20M$10M$0Assets 2012: $4,062,041Liabilities 2012: $2,120,156Net Assets 2012: $1,941,8852012Assets 2013: $3,991,146Liabilities 2013: $1,934,959Net Assets 2013: $2,056,1872013Assets 2014: $4,105,514Liabilities 2014: $1,689,470Net Assets 2014: $2,416,0442014Assets 2015: $4,136,856Liabilities 2015: $1,442,961Net Assets 2015: $2,693,8952015Assets 2016: $4,187,525Liabilities 2016: $1,179,442Net Assets 2016: $3,008,0832016Assets 2017: $4,106,460Liabilities 2017: $917,305Net Assets 2017: $3,189,1552017Assets 2018: $4,743,375Liabilities 2018: $768,876Net Assets 2018: $3,974,4992018Assets 2019: $4,641,143Liabilities 2019: $376,778Net Assets 2019: $4,264,3652019Assets 2020: $4,522,852Liabilities 2020: $52,440Net Assets 2020: $4,470,4122020Assets 2021: $4,284,685Liabilities 2021: $109,183Net Assets 2021: $4,175,5022021Assets 2022: $4,001,395Liabilities 2022: $5,386Net Assets 2022: $3,996,0092022Assets 2023: $2,632,649Liabilities 2023: $30,000Net Assets 2023: $2,602,6492023Assets 2024: $38,553,417Liabilities 2024: $35,829,484Net Assets 2024: $2,723,9332024Assets 2025: $39,027,208Liabilities 2025: $35,569,012Net Assets 2025: $3,458,1962025

Highlighted filing

2025

Assets$39,027,208
Liabilities$35,569,012
Net Assets$3,458,196
Open 2025 Filing

Operations Trend

Revenue Growth97th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2012: $446,294Expenses 2012: $618,677Net Income 2012: -$172,3832012Revenue 2013: $755,232Expenses 2013: $640,930Net Income 2013: $114,3022013Revenue 2014: $953,824Expenses 2014: $593,967Net Income 2014: $359,8572014Revenue 2015: $807,438Expenses 2015: $529,588Net Income 2015: $277,8502015Revenue 2016: $792,668Expenses 2016: $478,481Net Income 2016: $314,1872016Revenue 2017: $664,815Expenses 2017: $483,743Net Income 2017: $181,0722017Revenue 2018: $1,464,732Expenses 2018: $679,388Net Income 2018: $785,3442018Revenue 2019: $859,497Expenses 2019: $569,629Net Income 2019: $289,8682019Revenue 2020: $765,581Expenses 2020: $559,534Net Income 2020: $206,0472020Revenue 2021: $495,153Expenses 2021: $790,062Net Income 2021: -$294,9092021Revenue 2022: $449,249Expenses 2022: $628,742Net Income 2022: -$179,4932022Revenue 2023: $482,010Expenses 2023: $1,875,370Net Income 2023: -$1,393,3602023Revenue 2024: $778,583Expenses 2024: $657,299Net Income 2024: $121,2842024Revenue 2025: $1,953,254Expenses 2025: $1,218,991Net Income 2025: $734,2632025

Highlighted filing

2025

Revenue$1,953,254
Expenses$1,218,991
Net Income$734,263
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 21, 2025
Return Version
2024v5.2
Gross Receipts
$1,953,254
Mission and Program Overview

Mission

To encourage and promote industrial and commercial growth, and tourism and to assist new and start up businesses in burke county

To encourage and promote industrial and commercial growth, tourism and to assist new businesses in burke county

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$35,983,620$36,508,535▲ $524,915
Land, Buildings, and Equipment, Net$2,147,994$2,146,610▼ $1,384
Cash and Non-Interest-Bearing Accounts$415,899$372,063▼ $43,836
Accounts Receivable$5,904$0▼ $5,904
Total Assets$38,553,417$39,027,208▲ $473,791
Liabilities
Deferred Revenue$35,829,484$35,401,062▼ $428,422
Accounts Payable and Accrued Expenses-$167,950-
Total Liabilities$35,829,484$35,569,012▼ $260,472
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,569,797$2,514,673▼ $55,124
Net Assets With Donor Restrictions$154,136$943,523▲ $789,387
Total Net Assets Fund Balance$2,723,933$3,458,196▲ $734,263
Total Liabilities and Net Assets / Fund Balance$38,553,417$39,027,208▲ $473,791

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,748$66,059$69,807
Land$2,142,862--
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alan WoodExecutive DirectorFT$140,869$19,513$160,382

Board Members and Trustees

NameTitle
Jeff BrittainChair
Joel WalshVice Chair
Bill CarrollBoard Member
Brian EpleyBoard Member
Bryan BeamBoard Member
Charles WattsBoard Member
Chris HawkinsBoard Member
Gary PaxtonBoard Member
Jessica BargsleyBoard Member
Jim TonerBoard Member
Lamar SmithermanBoard Member
Mike SwanBoard Member
Sally SandyBoard Member
Terry ChildersBoard Member
Todd HermsBoard Member
Logan ShookSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$999,832
Program Service Revenue
$0
Investment Income
$953,337
Other Revenue
$85
All Other Contributions
$1,000
Change in Net Assets
$734,263

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,953,254
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,953,254
Total Revenue per Form 990
$1,953,254
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$850,507
Salaries, Compensation, and Employee Benefits$368,484
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$331,636$36,848-$368,484
Fees for Services Lobbying$73,006--$73,006
Fees for Services Other$54,000--$54,000
Occupancy$18,837$6,279-$25,116
Travel$22,155$686-$22,841
Fees for Services Accounting-$4,400-$4,400
Office Expenses$3,066$1,022-$4,088
Insurance$2,180$727-$2,907
Depreciation Depletion-$1,384-$1,384
Other Expenses$11,965$1,149-$1,149
Total Functional Expenses$1,162,508$56,483$0$1,218,991

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,218,991
Total Expenses per Audited Statements$1,218,991
Total Expenses per Form 990$1,218,991
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
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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

“Included in meeting packets to all board members”

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

“AT BOARD MEETINGS”

Form 990, Part VI, Section C, Line 19

“The organization will provide copies upon request”

Filing and Contact Details

Filer

Filer Name
Burke Development Inc
EIN
59-3762106
Phone
8287649370
Address
2128 SOUTH STERLING STREET 150, MORGANTON, NC 28655

Signing Officer

Name
Alan Wood
Title
Executive Director
Phone
8287649370
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alan Wood
Formed
2002
Legal Domicile
Nc
Voting Board Members
16
Independent Board Members
16
Employees
4
Volunteers
0

Preparer

Firm
Lowdermilk Church & Co Llp
Address
121 NORTH STERLING STREET, MORGANTON, NC 28655
Preparer
James Lowdermilk
Phone
8284331226
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Fasb asc 740-10 accountng for uncertainty in income taxes, clarifies the accounting for uncertainty in income tax positions. Based on an evaluation of uncertain tax positions, managment is required to measure potential tax liabilities that could have a risk of greater than a 50% likelihood of being realized upon settlement. As of june 30, 2025, management has determined that the organization has no such risk and therefore no liabilities have been recorded for uncertain tax positions.”

Raw XML AppendixShowing 400 of 498 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/EOYAmt0167950
IRS990/AccountsReceivableGrp/BOYAmt05904
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ENCOURAGE AND PROMOTE INDUSTRIAL AND COMMERCIAL GROWTH, TOURISM AND TO ASSIST NEW BUSINESSES IN BURKE COUNTY
IRS990/AllOtherContributionsAmt01000
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0EXECUTIVE DIRECTOR
IRS990/BooksInCareOfDetail/PhoneNum08287649370
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02128 SOUTH STERLING STREET SUITE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MORGANTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028655
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0415899
IRS990/CashNonInterestBearingGrp/EOYAmt0372063
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0999832
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0953337
IRS990/CYOtherExpensesAmt0850507
IRS990/CYOtherRevenueAmt085
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0734263
IRS990/CYSalariesCompEmpBnftPaidAmt0368484
IRS990/CYTotalExpensesAmt01218991
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01953254
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt035829484
IRS990/DeferredRevenueGrp/EOYAmt035401062
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01384
IRS990/DepreciationDepletionGrp/TotalAmt01384
IRS990/Desc0TO ENCOURAGE AND PROMOTE INDUSTRIAL AND COMMERCIAL GROWTH, AND TOURISM AND TO ASSIST NEW AND START UP BUSINESSES IN BURKE COUNTY
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0154136
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0943523
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01162508
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04400
IRS990/FeesForServicesAccountingGrp/TotalAmt04400
IRS990/FeesForServicesLobbyingGrp/ProgramServicesAmt073006
IRS990/FeesForServicesLobbyingGrp/TotalAmt073006
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt054000
IRS990/FeesForServicesOtherGrp/TotalAmt054000
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt164217
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE SWAN
IRS990/Form990PartVIISectionAGrp/PersonNm1SALLY SANDY
IRS990/Form990PartVIISectionAGrp/PersonNm2JIM TONER
IRS990/Form990PartVIISectionAGrp/PersonNm3GARY PAXTON
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRIS HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN EPLEY
IRS990/Form990PartVIISectionAGrp/PersonNm6TODD HERMS
IRS990/Form990PartVIISectionAGrp/PersonNm7CHARLES WATTS
IRS990/Form990PartVIISectionAGrp/PersonNm8BRYAN BEAM
IRS990/Form990PartVIISectionAGrp/PersonNm9JESSICA BARGSLEY
IRS990/Form990PartVIISectionAGrp/PersonNm10BILL CARROLL
IRS990/Form990PartVIISectionAGrp/PersonNm11TERRY CHILDERS
IRS990/Form990PartVIISectionAGrp/PersonNm12LAMAR SMITHERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm13JEFF BRITTAIN
IRS990/Form990PartVIISectionAGrp/PersonNm14JOEL WALSH
IRS990/Form990PartVIISectionAGrp/PersonNm15LOGAN SHOOK
IRS990/Form990PartVIISectionAGrp/PersonNm16ALAN WOOD
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16156165
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt0440921
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01953254
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0727
IRS990/InsuranceGrp/ProgramServicesAmt02180
IRS990/InsuranceGrp/TotalAmt02907
IRS990/InvestmentIncomeGrp/ExclusionAmt0953337
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0953337
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt066059
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02147994
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02146610
IRS990/LandBldgEquipCostOrOtherBssAmt02212669
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENCOURAGE AND PROMOTE INDUSTRIAL AND COMMERCIAL GROWTH, AND TOURISM AND TO ASSIST NEW AND START UP BUSINESSES IN BURKE COUNTY
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02723933
IRS990/NetAssetsOrFundBalancesEOYAmt03458196
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02569797
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02514673
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06279
IRS990/OccupancyGrp/ProgramServicesAmt018837
IRS990/OccupancyGrp/TotalAmt025116
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01022
IRS990/OfficeExpensesGrp/ProgramServicesAmt03066
IRS990/OfficeExpensesGrp/TotalAmt04088
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0GRANT EXPENSES
IRS990/OtherExpensesGrp/Desc1MARKETING
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03988
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11149
IRS990/OtherExpensesGrp/ProgramServicesAmt0592371
IRS990/OtherExpensesGrp/ProgramServicesAmt153292
IRS990/OtherExpensesGrp/ProgramServicesAmt211965
IRS990/OtherExpensesGrp/TotalAmt0592371
IRS990/OtherExpensesGrp/TotalAmt153292
IRS990/OtherExpensesGrp/TotalAmt215953
IRS990/OtherExpensesGrp/TotalAmt31149
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt085
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt085
IRS990/OtherRevenueTotalAmt085
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt036848
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0331636
IRS990/OtherSalariesAndWagesGrp/TotalAmt0368484
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ALAN WOOD
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0620198
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0154136
IRS990/PYOtherExpensesAmt0285865
IRS990/PYOtherRevenueAmt04249
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0121284
IRS990/PYSalariesCompEmpBnftPaidAmt0371434
IRS990/PYTotalExpensesAmt0657299
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0778583
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0734263
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0557911
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt085
IRS990/SavingsAndTempCashInvstGrp/BOYAmt035983620
IRS990/SavingsAndTempCashInvstGrp/EOYAmt036508535
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0557911
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0620198
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0475447
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0449067
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0488996
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02591619
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0953337
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0154136
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt052
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01108525
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt085
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04249
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06563
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0130
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05157
IRS990ScheduleA/OtherIncome170Grp/TotalAmt016184
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.69740
IRS990ScheduleA/PublicSupportPY170Pct00.94120
IRS990ScheduleA/PublicSupportTotal170Amt02591619
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0557911
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0620198
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0475447
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0449067
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0488996
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02591619
IRS990ScheduleA/TotalSupportAmt03716328
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
IRS990ScheduleC/DirectContactLegislatorsInd00
IRS990ScheduleC/GrantsOtherOrganizationsInd00
IRS990ScheduleC/MailingsMembersInd00
IRS990ScheduleC/MediaAdvertisementsInd00
IRS990ScheduleC/NotDescribedSection501c3Ind00
IRS990ScheduleC/OtherActivitiesAmt073006
IRS990ScheduleC/OtherActivitiesInd01
IRS990ScheduleC/PaidStaffOrManagementInd00
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0PAYMENTS MADE TO A PROFESSIONAL LOBBYIST
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II-B, LINE 1:
IRS990ScheduleC/TotalLobbyingExpendituresAmt073006
IRS990ScheduleC/VolunteersInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03748
IRS990ScheduleD/EquipmentGrp/DepreciationAmt066059
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt069807
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01218991
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02142862
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt02142862
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01953254
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FASB ASC 740-10 ACCOUNTNG FOR UNCERTAINTY IN INCOME TAXES, CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS. BASED ON AN EVALUATION OF UNCERTAIN TAX POSITIONS, MANAGMENT IS REQUIRED TO MEASURE POTENTIAL TAX LIABILITIES THAT COULD HAVE A RISK OF GREATER THAN A 50% LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT. AS OF JUNE 30, 2025, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO SUCH RISK AND THEREFORE NO LIABILITIES HAVE BEEN RECORDED FOR UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02146610
IRS990ScheduleD/TotalExpensesPerForm990Amt01218991
IRS990ScheduleD/TotalRevenuePerForm990Amt01953254
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01953254
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01218991
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0140869
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount07500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt04217
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$39,027,208
Liabilities
$35,569,012
Net assets
$3,458,196
Revenue
$1,953,254
Expenses
$1,218,991
Net income
$734,263
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.0$35.6$3.46$1.95$1.22$0.73
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.6$35.8$2.72$0.78$0.66$0.12
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$0.03$2.60$0.48$1.88$1.39
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$0.01$4.00$0.45$0.63$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.28$0.11$4.18$0.50$0.79$0.29
2020Summary only. Only limited summary data is available for this year.$4.52$0.05$4.47$0.77$0.56$0.21
2019Summary only. Only limited summary data is available for this year.$4.64$0.38$4.26$0.86$0.57$0.29
2018Summary only. Only limited summary data is available for this year.$4.74$0.77$3.97$1.46$0.68$0.79
2017Summary only. Only limited summary data is available for this year.$4.11$0.92$3.19$0.66$0.48$0.18
2016Summary only. Only limited summary data is available for this year.$4.19$1.18$3.01$0.79$0.48$0.31
2015Summary only. Only limited summary data is available for this year.$4.14$1.44$2.69$0.81$0.53$0.28
2014Summary only. Only limited summary data is available for this year.$4.11$1.69$2.42$0.95$0.59$0.36
2013Summary only. Only limited summary data is available for this year.$3.99$1.93$2.06$0.76$0.64$0.11
2012Summary only. Only limited summary data is available for this year.$4.06$2.12$1.94$0.45$0.62$0.17