Civic Intelligence

Rutherford County Economic Development Corporation

990EZ • Fiscal year 2020 • EIN 81-5460810

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 07, 2021

Organization ProfileN/A
142 East Main St Ste 100Forest City, NC 28043

(828) 287-6200

Siviq Scores

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

Liabilities / Assets

50th percentile

0.00x

Higher debt load relative to assets than 50% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Liabilities / Revenue

50th percentile

0.00x

Higher debt load relative to revenue than 50% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Net Margin

96th percentile

86%

Higher net margin than 96% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Asset Growth

76th percentile

31%

Faster asset growth than 76% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

84th percentile

25%

Faster revenue growth than 84% of similar nonprofits.

2020 filings • NTEE S • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$265,300

Up $62,192 (+31%) from 2019

Net Assets

Up

$265,184

Up $62,076 (+31%) from 2019

Liabilities

$116

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin96th percentile

Revenue

Up

$72,000

Up $14,400 (+25%) from 2019

Expenses

$9,924

No earlier filing loaded for comparison.

Net Income

$62,076

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$800K$600K$400K$200K$0Assets 2018: $145,508Net Assets 2018: $145,5082018Assets 2019: $203,108Net Assets 2019: $203,1082019Assets 2020: $265,300Liabilities 2020: $116Net Assets 2020: $265,1842020Assets 2021: $358,147Liabilities 2021: $102Net Assets 2021: $358,0452021Assets 2022: $685,015Liabilities 2022: $0Net Assets 2022: $685,0152022Assets 2023: $608,695Liabilities 2023: $1,009Net Assets 2023: $607,6862023Assets 2024: $601,310Liabilities 2024: $0Net Assets 2024: $601,3102024Assets 2025: $749,072Liabilities 2025: $1,513Net Assets 2025: $747,5592025

Highlighted filing

2020

Assets$265,300
Liabilities$116
Net Assets$265,184
Open 2020 Filing

Operations Trend

Revenue Growth84th percentile

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

$400K$200K$0-$200KRevenue 2018: $145,5082018Revenue 2019: $57,6002019Revenue 2020: $72,000Expenses 2020: $9,924Net Income 2020: $62,0762020Revenue 2021: $97,000Expenses 2021: $4,139Net Income 2021: $92,8612021Revenue 2022: $332,403Expenses 2022: $5,433Net Income 2022: $326,9702022Revenue 2023: $2,526Expenses 2023: $79,855Net Income 2023: -$77,3292023Revenue 2024: $2,721Expenses 2024: $9,097Net Income 2024: -$6,3762024Revenue 2025: $169,843Expenses 2025: $23,594Net Income 2025: $146,2492025

Highlighted filing

2020

Revenue$72,000
Expenses$9,924
Net Income$62,076
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 7, 2021
Return Version
2019v5.0
Gross Receipts
$72,000
Mission and Program Overview

Mission

To cultivate economic development opportunities for rutherford county.

Program Services

DescriptionGrantsExpenses
RECEIVES DONATIONS FROM LOCAL BUSINESSES AND USES THE DONATION TO FURTHER THE ECONOMY DEVELOPMENT AND INDUSTRY GROWTH IN RUTHERFORD COUNTY.-$9,924
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL WALKERMember-$0--
ANDY COBBChairman-$0--
THAD HARRILLTreasurer-$0--
ERICA CARSONVice Chairma-$0--
BIRGIT DILGERTDirectorPT$0--
MIKE GAVINMember-$0--
DAVID SUTTONMember-$0--
Filing and Contact Details

Filer

Filer Name
Rutherford County Economic
EIN
81-5460810
Phone
8282876200
Address
142 EAST MAIN ST STE 100, FOREST CITY, NC 28043

Signing Officer

Name
Birgit Dilgert
Title
Director
Phone
8282876200
Signed
2021-04-07
Discuss with paid preparer
Yes

Preparer

Firm
Gould Killian CPA Group Pa
Address
100 COXE AVE, ASHEVILLE, NC 28801-2354
Preparer
Dan Mullinix CPA
Phone
8282580363
Supplemental Narrative

Additional Explanations

Form 990-ez, Part II, Line 24

“Prepaid expenses and deferred charges 1,200 0 land - riverstone industrial park 0 250,000 total 1,200 250,000”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 0 116”

Raw XML Appendix140 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0BIRGIT DILGERT
IRS990EZ/BooksInCareOfDetail/PhoneNum08282876200
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0142 EAST MAIN ST STE 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FOREST CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028403
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0201908
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015300
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt072000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt062076
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09924
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0203108
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0265300
IRS990EZ/GrossReceiptsAmt072000
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingOtherDesc0MODIFIED CASH
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0203108
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0265184
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0203108
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0265184
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt430.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANDY COBB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2THAD HARRILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ERICA CARSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BIRGIT DILGERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MIKE GAVIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DAVID SUTTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01200
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0250000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO CULTIVATE ECONOMIC DEVELOPMENT OPPORTUNITIES FOR RUTHERFORD COUNTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RECEIVES DONATIONS FROM LOCAL BUSINESSES AND USES THE DONATION TO FURTHER THE ECONOMY DEVELOPMENT AND INDUSTRY GROWTH IN RUTHERFORD COUNTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt09924
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0116
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt09924
IRS990EZ/TotalProgramServiceExpensesAmt09924
IRS990EZ/TotalRevenueAmt072000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt072000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt057600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0145508
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0275108
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt048942
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt032963
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt081905
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0174853
IRS990ScheduleA/SubstantialContributorsTotAmt0182160
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0120942
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt090563
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0145508
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0357013
IRS990ScheduleA/TotalSupportAmt0357013
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PREPAID EXPENSES AND DEFERRED CHARGES 1,200 0 LAND - RIVERSTONE INDUSTRIAL PARK 0 250,000 TOTAL 1,200 250,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 116
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BIRGIT DILGERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08282876200
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RUTHERFORD COUNTY ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0RUTH
ReturnHeader/Filer/EIN0815460810
ReturnHeader/Filer/PhoneNum08282876200
ReturnHeader/Filer/USAddress/AddressLine1Txt0142 EAST MAIN ST STE 100
ReturnHeader/Filer/USAddress/CityNm0FOREST CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028043
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561042836
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOULD KILLIAN CPA GROUP PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 COXE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASHEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0288012354
ReturnHeader/PreparerPersonGrp/PhoneNum08282580363
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAN MULLINIX CPA
ReturnHeader/ReturnTs02021-05-04T16:49:20-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$265,300
Liabilities
$116
Net assets
$265,184
Revenue
$72,000
Expenses
$9,924
Net income
$62,076
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.49$0.02$7.48$1.70$0.24$1.46
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.01$0.00$6.01$0.03$0.09$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.09$0.01$6.08$0.03$0.80$0.77
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.85$0.00$6.85$3.32$0.05$3.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.58$0.00$3.58$0.97$0.04$0.93
2020Detailed filing. Detailed filing data is available for this year.$2.65$0.00$2.65$0.72$0.10$0.62
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$2.03$0.58
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$1.46$1.46