Civic Intelligence

Fayetteville Cumberland County Economic

EIN 81-0801545 • 501(c)6 • Fayetteville, NC

Profile

The fayetteville cumberland county economic development corporation was formed in december 2015 to engage in economic development activities intended to reduce the burden on government by increasing the tax base of the community and create new jobs in the city of fayetteville and cumberland county.

201 Hay Street 401AFayetteville, NC 28301

www.fcedc.com

Siviq Scores

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

Liabilities / Assets

87th percentile

0.56x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

0.56x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

57th percentile

6.6%

Higher net margin than 57% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

18th percentile

-5.8%

Faster asset growth than 18% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

2.8%

Faster revenue growth than 38% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$1,117,790

Down $69,129 (-5.8%) from 2023

Liabilities

Down

$624,282

Down $142,669 (-19%) from 2023

Net Assets

Up

$493,508

Up $73,540 (+18%) from 2023

Operations
Liabilities / Revenue85th percentileNet Margin57th percentile

Revenue

Up

$1,116,231

Up $30,670 (+2.8%) from 2023

Expenses

Down

$1,042,691

Down $12,446 (-1.2%) from 2023

Net Income

Up

$73,540

Up $43,116 (+142%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$1.5M$1.0M$500K$0Assets 2016: $76,430Liabilities 2016: $24,709Net Assets 2016: $51,7212016Assets 2017: $262,628Liabilities 2017: $44,118Net Assets 2017: $218,5102017Assets 2018: $533,956Liabilities 2018: $27,726Net Assets 2018: $506,2302018Assets 2019: $636,967Liabilities 2019: $37,789Net Assets 2019: $599,1782019Assets 2020: $647,286Liabilities 2020: $83,812Net Assets 2020: $563,4742020Assets 2021: $364,023Liabilities 2021: $35,736Net Assets 2021: $328,2872021Assets 2022: $1,237,847Liabilities 2022: $848,303Net Assets 2022: $389,5442022Assets 2023: $1,186,919Liabilities 2023: $766,951Net Assets 2023: $419,9682023Assets 2024: $1,117,790Liabilities 2024: $624,282Net Assets 2024: $493,5082024

Highlighted filing

2024

Assets$1,117,790
Liabilities$624,282
Net Assets$493,508
Open 2024 Filing

Operations Trend

Revenue Growth38th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $412,500Expenses 2016: $360,779Net Income 2016: $51,7212016Revenue 2017: $958,643Expenses 2017: $791,854Net Income 2017: $166,7892017Revenue 2018: $962,512Expenses 2018: $674,792Net Income 2018: $287,7202018Revenue 2019: $1,048,377Expenses 2019: $955,429Net Income 2019: $92,9482019Revenue 2020: $891,572Expenses 2020: $926,346Net Income 2020: -$34,7742020Revenue 2021: $864,146Expenses 2021: $1,099,333Net Income 2021: -$235,1872021Revenue 2022: $1,073,229Expenses 2022: $1,011,972Net Income 2022: $61,2572022Revenue 2023: $1,085,561Expenses 2023: $1,055,137Net Income 2023: $30,4242023Revenue 2024: $1,116,231Expenses 2024: $1,042,691Net Income 2024: $73,5402024

Highlighted filing

2024

Revenue$1,116,231
Expenses$1,042,691
Net Income$73,540
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,117,790
Liabilities
$624,282
Net assets
$493,508
Revenue
$1,116,231
Expenses
$1,042,691
Net income
$73,540
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.12$0.62$0.49$1.12$1.04$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.19$0.77$0.42$1.09$1.06$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.24$0.85$0.39$1.07$1.01$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.36$0.04$0.33$0.86$1.10$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.65$0.08$0.56$0.89$0.93$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.64$0.04$0.60$1.05$0.96$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.53$0.03$0.51$0.96$0.67$0.29
2017Detailed filing. Detailed filing data is available for this year.$0.26$0.04$0.22$0.96$0.79$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.02$0.05$0.41$0.36$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$1,116,231
Mission and Program Overview

Mission

The fayetteville cumberland county economic development corporation was formed in december 2015 to engage in economic development activities intended to reduce the burden on government by increasing the tax base of the community and create new jobs in the city of fayetteville and cumberland county.

To engage in economic development activities intended to reduce the burden on government

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$449,357$283,446▼ $165,911
Accounts Receivable$60,084$276,677▲ $216,593
Prepaid Expenses and Deferred Charges$5,465$5,465→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,186,919$1,117,790▼ $69,129
Other Assets Total$672,013$552,202▼ $119,811
Liabilities
Other Liabilities$698,048$582,261▼ $115,787
Accounts Payable and Accrued Expenses$68,903$42,021▼ $26,882
Total Liabilities$766,951$624,282▼ $142,669
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$419,968$493,508▲ $73,540
Total Net Assets Fund Balance$419,968$493,508▲ $73,540
Total Liabilities and Net Assets / Fund Balance$1,186,919$1,117,790▼ $69,129

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$11,944$11,944
Other Assets Org$552,202--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert M Van GeonsPresident & CEOFT$183,122$52,329$235,451
Rob PattonExecutive VPFT$119,481$3,585$123,066

Board Members and Trustees

NameTitle
Katheryn CoxChairman
Timothy BryantVice Chairman
Bill HedgepethDirector
Ferdinand IrizarryDirector
Joshua ChoiDirector
Kirk DeviereDirector
Mitch ColvinDirector
Ulysses TaylorDirector
Dymond SpainSecretary
Carl ManingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,105,942
Investment Income
$10,289
Other Revenue
$0
Change in Net Assets
$73,540

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,105,942
Revenue Not Reported on Financial Statements
$10,289
Revenue Not Reported on Form 990
$20,000
Other Revenue Adjustments
$10,289
Total Revenue per Audited Statements
$1,125,942
Total Revenue per Form 990
$1,116,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$589,850
Other Expenses$452,841
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$278,072
Current Officers, Directors, Trustees, and Key Employees---$236,926
Occupancy---$155,270
Advertising---$38,464
Office Expenses---$37,885
Payroll Taxes---$35,028
Other Employee Benefits---$29,885
All Other Expenses---$14,376
Information Technology---$11,687
Pension Plan Contributions---$9,939
Interest---$9,433
Other Expenses---$5,408
Insurance---$4,210
Fees for Services Other---$2,961
Travel---$1,072
Total Functional Expenses$0$0$0$1,042,691

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,052,402
Total Expenses per Form 990$1,042,691
Expenses per Audited Statements$1,032,402
Expenses Not Reported on Form 990$20,000
Expenses Not Reported on Financial Statements$10,289
Other Expense Adjustments$10,289
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$582,261
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“The city of fayetteville appoints three voting board members as does cumberland county. The private sector appoints two voting board members.”

Form 990, Part VI, Section A, Line 7B

“Changes to the number and appointment of directors must be approved by cumberland county and the city of fayetteville.”

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

“The form 990 is reviewed by management. A copy of the form 990 will be provided to the board prior to filing.”

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

“The organization has a conflict of interest policy for both board members and employees who are required to sign a written statement annually disclosing any conflicts.”

Form 990, Part VI, Section B, Line 15A

“The compensation of the president and ceo is set by a vote of the board of directors. When developing compensation models, the organization reviews other organizations state-wide, regionally, and in some cases nationally to ensure that the compensation set is in line with market standards.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and conflict of interest policy are available upon request. Financial statements are generally not provided for public inspection but financial statement information is presented in the form 990 which is available for public inspection.”

Filing and Contact Details

Filer

Filer Name
Fayetteville Cumberland County Economic
EIN
81-0801545
Phone
9106787648
Address
201 HAY STREET 401A, FAYETTEVILLE, NC 28301

Signing Officer

Name
Robert M Van Geons
Title
President & CEO
Phone
9104336772
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert M Van Geons
Formed
2015
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
6
Volunteers
10

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
4140 FERNCREEK DRIVE STE 102, FAYETTEVILLE, NC 28314
Preparer
Melanie Mcpeak
Phone
9104837131
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The corporation accounts for tax uncertainties based on a more likely than not recognition threshold whereby tax benefits are only recognized when the corporation believes they have a greater than 50% likelihood of being sustained upon examination by taxing authorities. The corporation has evaluated all of its tax positions and determined it had no material uncertain income tax positions as of june 30, 2024.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“INTEREST INCOME 10,289.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“INTEREST INCOME 10,289.”

Raw XML AppendixShowing 400 of 412 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.

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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0419968
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0493508
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0155270
IRS990/OfficeExpensesGrp/TotalAmt037885
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0672013
IRS990/OtherAssetsTotalGrp/EOYAmt0552202
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt029885
IRS990/OtherExpensesGrp/Desc0NEW BUSINESS RECRUITMEN
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2SPECIAL PROJECTS
IRS990/OtherExpensesGrp/Desc3DUES AND SUBS
IRS990/OtherExpensesGrp/TotalAmt079876
IRS990/OtherExpensesGrp/TotalAmt151813
IRS990/OtherExpensesGrp/TotalAmt240386
IRS990/OtherExpensesGrp/TotalAmt35408
IRS990/OtherLiabilitiesGrp/BOYAmt0698048
IRS990/OtherLiabilitiesGrp/EOYAmt0582261
IRS990/OtherSalariesAndWagesGrp/TotalAmt0278072
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt035028
IRS990/PensionPlanContributionsGrp/TotalAmt09939
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05465
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05465
IRS990/PrincipalOfficerNm0ROBERT M VAN GEONS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPMENT SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01105942
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01105942
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION WORKS WITH EXISTING BUSINESSES AND INDUSTRY IN CUMBERLAND COUNTY TO ENSURE THAT THEIR NEEDS RELATED TO OPERATING EFFECTIVELY AND EFFICIENTLY ARE BEING MET BY THE PUBLIC AND PRIVATE SECTOR AND TO ASSIST THEM WITH PLANNED EXPANSION.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07096
IRS990/PYOtherExpensesAmt0487682
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01078465
IRS990/PYRevenuesLessExpensesAmt030424
IRS990/PYSalariesCompEmpBnftPaidAmt0567455
IRS990/PYTotalExpensesAmt01055137
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01085561
IRS990/ReconcilationRevenueExpnssAmt073540
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0449357
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0283446
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt020000
IRS990ScheduleD/DonatedServicesUseFcltsAmt020000
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011944
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011944
IRS990ScheduleD/ExpensesNotReportedAmt020000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt010289
IRS990ScheduleD/ExpensesSubtotalAmt01032402
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0552202
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE LEASE ASSET
IRS990ScheduleD/OtherExpensesNotIncludedAmt010289
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0582261
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/OtherRevenuesNotIncludedAmt010289
IRS990ScheduleD/RevenueNotReportedAmt020000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt010289
IRS990ScheduleD/RevenueSubtotalAmt01105942
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION ACCOUNTS FOR TAX UNCERTAINTIES BASED ON A MORE LIKELY THAN NOT RECOGNITION THRESHOLD WHEREBY TAX BENEFITS ARE ONLY RECOGNIZED WHEN THE CORPORATION BELIEVES THEY HAVE A GREATER THAN 50% LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE CORPORATION HAS EVALUATED ALL OF ITS TAX POSITIONS AND DETERMINED IT HAD NO MATERIAL UNCERTAIN INCOME TAX POSITIONS AS OF JUNE 30, 2024.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTEREST INCOME 10,289.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INTEREST INCOME 10,289.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0552202
IRS990ScheduleD/TotalExpensesPerForm990Amt01042691
IRS990ScheduleD/TotalLiabilityAmt0582261
IRS990ScheduleD/TotalRevenuePerForm990Amt01116231
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01125942
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01052402
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0183122
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount013550
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt018312
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt010254
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt010213
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT M VAN GEONS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0235451
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CITY OF FAYETTEVILLE APPOINTS THREE VOTING BOARD MEMBERS AS DOES CUMBERLAND COUNTY. THE PRIVATE SECTOR APPOINTS TWO VOTING BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHANGES TO THE NUMBER AND APPOINTMENT OF DIRECTORS MUST BE APPROVED BY CUMBERLAND COUNTY AND THE CITY OF FAYETTEVILLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY MANAGEMENT. A COPY OF THE FORM 990 WILL BE PROVIDED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY FOR BOTH BOARD MEMBERS AND EMPLOYEES WHO ARE REQUIRED TO SIGN A WRITTEN STATEMENT ANNUALLY DISCLOSING ANY CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION OF THE PRESIDENT AND CEO IS SET BY A VOTE OF THE BOARD OF DIRECTORS. WHEN DEVELOPING COMPENSATION MODELS, THE ORGANIZATION REVIEWS OTHER ORGANIZATIONS STATE-WIDE, REGIONALLY, AND IN SOME CASES NATIONALLY TO ENSURE THAT THE COMPENSATION SET IS IN LINE WITH MARKET STANDARDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE GENERALLY NOT PROVIDED FOR PUBLIC INSPECTION BUT FINANCIAL STATEMENT INFORMATION IS PRESENTED IN THE FORM 990 WHICH IS AVAILABLE FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01186919
IRS990/TotalAssetsEOYAmt01117790
IRS990/TotalAssetsGrp/BOYAmt01186919
IRS990/TotalAssetsGrp/EOYAmt01117790
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/TotalAmt01042691
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0766951
IRS990/TotalLiabilitiesEOYAmt0624282
IRS990/TotalLiabilitiesGrp/BOYAmt0766951
IRS990/TotalLiabilitiesGrp/EOYAmt0624282
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0419968
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0493508
IRS990/TotalOtherCompensationAmt032151
IRS990/TotalProgramServiceRevenueAmt01105942
IRS990/TotalReportableCompFromOrgAmt0326366
IRS990/TotalRevenueGrp/ExclusionAmt010289
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01105942
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01116231
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01186919
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01117790
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt01072
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0201 HAY STREET 401A
IRS990/USAddress/CityNm0FAYETTEVILLE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028301
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.FCEDC.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT M VAN GEONS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09104336772
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0FAYE
ReturnHeader/Filer/EIN0810801545
ReturnHeader/Filer/PhoneNum09106787648
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 HAY STREET 401A
ReturnHeader/Filer/USAddress/CityNm0FAYETTEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028301
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0882730877

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