Civic Intelligence

Rowan Growth Partners

EIN 87-0713114 • 501(c)3 • Salisbury, NC

Profile

To provide relief of poverty, unemployment and underemployment for persons in rowan county caused in part by the substantial job loss related to the downfall of textile manufacturing and other manufacturing industries

204 East Innes StreetSalisbury, NC 28144

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-20%

Higher net margin than 23% of similar nonprofits.

501(c)3 • <$500k 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

22nd percentile

-37%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-22%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$71,314

Down $41,152 (-37%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$71,314

Down $41,152 (-37%) from 2023

Revenue

Down

$210,132

Down $57,583 (-22%) from 2023

Expenses

Down

$251,284

Down $62,216 (-20%) from 2023

Net Income

Up

-$41,152

Up $4,633 (+10%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2019: $120,710Liabilities 2019: $02019Assets 2020: $252,249Net Assets 2020: $252,2492020Assets 2021: $172,103Liabilities 2021: $0Net Assets 2021: $172,1032021Assets 2022: $162,764Liabilities 2022: $4,513Net Assets 2022: $158,2512022Assets 2023: $112,466Liabilities 2023: $0Net Assets 2023: $112,4662023Assets 2024: $71,314Liabilities 2024: $0Net Assets 2024: $71,3142024

Highlighted filing

2024

Assets$71,314
Liabilities$0
Net Assets$71,314

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2019: $102,266Expenses 2019: $68,818Net Income 2019: $33,4482019Revenue 2020: $191,254Expenses 2020: $59,715Net Income 2020: $131,5392020Revenue 2021: $225,634Expenses 2021: $305,780Net Income 2021: -$80,1462021Revenue 2022: $299,678Expenses 2022: $313,530Net Income 2022: -$13,8522022Revenue 2023: $267,715Expenses 2023: $313,500Net Income 2023: -$45,7852023Revenue 2024: $210,132Expenses 2024: $251,284Net Income 2024: -$41,1522024

Highlighted filing

2024

Revenue$210,132
Expenses$251,284
Net Income-$41,152

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 2, 2025
Return Version
2024v5.0
Gross Receipts
$210,132
Mission and Program Overview

Mission

To provide support for existing industry while proactively marketing the county to companies planning for relocations or expansions to ensure jobs and investment income to rowan county

To provide relief of poverty, unemployment and underemployment for persons in rowan county caused in part by the substantial job loss related to the downfall of textile manufacturing and other manufacturing industries

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$112,466$71,314▼ $41,152
Total Assets$112,466$71,314▼ $41,152
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$112,466$71,314▼ $41,152
Total Net Assets Fund Balance$112,466$71,314▼ $41,152
Total Liabilities and Net Assets / Fund Balance$112,466$71,314▼ $41,152
Compensation and Service Providers

Board Members and Trustees

NameTitle
Luke FisherChairman
Denise HallettPast Chairma
Rod CriderPresident &
Gary BlabonVice Chairma
Brad WalserDirector
Bryan OvercashDirector
Don RuddyDirector
Greg EddsDirector
Jake AlexanderDirector
Jason WalserDirector
John CarrDirector
Stephen KiddDirector
Steve FisherDirector
Tammy WhaleyDirector
Teross YoungDirector
Pete TeagueSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$210,035
Program Service Revenue
$0
Investment Income
$97
Other Revenue
$0
All Other Contributions
$210,035
Change in Net Assets
$-41,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$250,000
Other Expenses$1,284
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$250,000--$250,000
Fees for Services Accounting-$1,050-$1,050
Conferences and Meetings-$234-$234
Total Functional Expenses$250,000$1,284$0$251,284
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rowan Economic Development CouncilSalisbury, NCGovEconomic Development$250,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Page 6, Part VI, Line 11B

Organization reviews a preliminary copy of the 990 provided by its cpa preparer and then approves it (including any edits) for submission to the irs

Form 990, Page 6, Part VI, Line 15A

NO COMPENSATION

Form 990, Page 6, Part VI, Line 15B

NO COMPENSATION

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Rowan Growth Partners
EIN
87-0713114
Phone
7046375526
Address
204 EAST INNES STREET, SALISBURY, NC 28144

Signing Officer

Name
Rod Crider
Title
President & CEO
Phone
7046375526
Signed
2025-07-02

Organization Details

Principal Officer
Rod Crider
Formed
2003
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
0

Preparer

Firm
Brent H Parks CPA Pa
Address
1816 E INNES ST STE 101, SALISBURY, NC 28146-6027
Preparer
Alexander Palumbo
Phone
7046338700
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0112466
IRS990/TotalAssetsEOYAmt071314
IRS990/TotalAssetsGrp/BOYAmt0112466
IRS990/TotalAssetsGrp/EOYAmt071314
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0210035
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01284
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0250000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0251284
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0112466
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt071314
IRS990/TotalProgramServiceExpensesAmt0250000
IRS990/TotalRevenueGrp/ExclusionAmt097
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0210132
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0112466
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt071314
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0204 EAST INNES STREET
IRS990/USAddress/CityNm0SALISBURY
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028144
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROD CRIDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07046375526
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROWAN GROWTH PARTNERS
ReturnHeader/Filer/BusinessNameControlTxt0ROWA
ReturnHeader/Filer/EIN0870713114
ReturnHeader/Filer/PhoneNum07046375526
ReturnHeader/Filer/USAddress/AddressLine1Txt0204 EAST INNES STREET
ReturnHeader/Filer/USAddress/CityNm0SALISBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028144
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0571237087
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRENT H PARKS CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01816 E INNES ST STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SALISBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0281466027
ReturnHeader/PreparerPersonGrp/PhoneNum07046338700
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALEXANDER PALUMBO
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-07-14T11:44:50-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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