Totals
- Total revenue
- $1,943,011
- Total expenses
- $1,797,139
- Contributions and grants received
- $1,771,918
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $31,199
- Other revenue
- $139,894
- Total assets, end of year
- $1,743,183
- Total liabilities, end of year
- $205,454
- Net assets or fund balances, end of year
- $1,537,729
- Program services expenses (Part IX)
- $1,499,432
- Management and general expenses
- $297,707
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,499,432
Program services were 83.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,771,918
-
3 · Investment income
total $31,199 · excluded $31,199
-
11a · Other revenue: FOREIGN TRADE ZONE INC
total $120,815 · related or exempt $120,815
-
11b · Other revenue: BUSINESS DEVELOPMENT M
total $19,079 · related or exempt $19,079
-
11e · Other revenue, total
$139,894
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $61,216 · program services $30,608 · management and general $30,608
-
9 · Other employee benefits
total $9,060 · program services $4,529 · management and general $4,531
-
10 · Payroll taxes
total $5,594 · program services $2,797 · management and general $2,797
-
11g · Fees: other
total $239,800 · program services $104,189 · management and general $135,611
-
12 · Advertising and promotion
total $77,897 · program services $77,897
-
13 · Office expenses
total $3,748 · management and general $3,748
-
14 · Information technology
total $34,797 · program services $19,300 · management and general $15,497
-
17 · Travel
total $3,428 · management and general $3,428
-
19 · Conferences, conventions and meetings
total $5,877 · management and general $5,877
-
22 · Depreciation, depletion and amortization
total $528 · management and general $528
-
23 · Insurance
total $4,416 · management and general $4,416
-
24a · Other expenses: MORE IN THE CORE CAMPAI
total $612,710 · program services $612,710
-
24b · Other expenses: STRATEGIC PROJECTS/CATA
total $321,381 · program services $321,381
-
24c · Other expenses: PUBLIC RELATIONS
total $180,000 · program services $180,000
-
24d · Other expenses: CONTRACT ADMINISTRATION
total $163,528 · program services $101,667 · management and general $61,861
-
24e · All other expenses
total $73,159 · program services $44,354 · management and general $28,805
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $558,227 · end of year $680,732
-
2 · Savings and temporary cash investments
beginning of year $961,075 · end of year $992,623
-
9 · Prepaid expenses and deferred charges
end of year $27,711
-
10a · Land, buildings and equipment: cost or other basis
$18,056
-
10b · Land, buildings and equipment: accumulated depreciation
$14,754
-
10c · Land, buildings and equipment, net
beginning of year $3,830 · end of year $3,302
-
15 · Other assets
beginning of year $59,947 · end of year $38,815
-
17 · Accounts payable and accrued expenses
beginning of year $38,395 · end of year $15,970
-
25 · Other liabilities
beginning of year $152,827 · end of year $189,484
-
27 · Net assets without donor restrictions
beginning of year $1,391,857 · end of year $1,537,729
Mission and programs · 2025
Mission
THE PARTNERSHIP WAS FORMED TO SERVE AS A REGIONAL ORGANIZATION TO MARKET, ADVERTISE AND PROMOTE THE 12 COUNTY AREA OF THE PIEDMONT TRIAD REGION OF NORTH CAROLINA, FOR THE PURPOSE OF ENHANCING ECONOMIC DEVELOPMENT OPPORTUNITIES.
Activities or mission (Part I)
TO SERVE AS A REGIONAL ORGANIZATION TO PROMOTE THE TWELVE COUNTY AREA PIEDMONT TRIAD, NORTH CAROLINA, FOR THE PURPOSE OF ENHANCING ECONOMIC DEVELOPMENT OPPORTUNITIES.
-
REGIONAL MARKETING AND COMMUNICATIONS:PTP CONTINUED ITS PROGRAM OF WORK IN ECONOMIC DEVELOPMENT MARKETING AND BUSINESS DEVELOPMENT THROUGH BRANDING AND MARKETING THE CAROLINA CORE BRAND. FUNDS WERE SPENT TO AUGMENT AND REFRESH COLLATERAL SUPPORTING THE OVERARCHING MESSAGES, TRAVELING TO INDUSTRY MEETINGS AND ONE-ON-ONE MEETINGS WITH SITE CONSULTANTS WITH COMPANIES AND ADVISORS TO COMPANIES, ADVERTISING IN PRINT AND DIGITAL MEDIA, AND THE PERSONNEL TO SUPPORT THESE ACTIVITIES. THE TACTICS FOCUSED ON INDUSTRIAL PRODUCT DEVELOPMENT, TALENT AND WORKFORCE DEVELOPMENT, AS WELL AS OTHER PROMISING SECTORS IN ADVANCED TECHNOLOGY AND MANUFACTURING FIELDS. ACTIVITIES IDENTIFIED NEW PROSPECTS FOR JOB GROWTH IN THE REGION, SUPPORTED THE PROGRESS OF COMPANIES MAKING BUSINESS LOCATION DECISIONS, AND PROMOTED THE REGION THROUGH MEDIA AND PUBLIC RELATIONS. THE PROGRAM WAS EXPANDED TO INCLUDE MARKETING TO TALENT OR PERSONS WHO MIGHT LOCATE IN THE REGION, IN ADDITION TO MARKETING TO BUSINESSES. THIS IS A RESPONSE TO THE NEEDS OF REGIONAL BUSINESSES FOR AN INCREASED TALENT POOL TO FUEL ECONOMIC SUCCESS.
Expenses $359,485
-
REGIONAL ECONOMIC DEVELOPMENT:REGIONAL ECONOMIC DEVELOPMENT FOCUSES IN SEVERAL AREAS. THE FOCUS IS TOWARD THE FOLLOWING DEVELOPMENT AND STRATEGIC AREAS:IDETIFYING AND COMMUNICATING WITH COMPANIES THAT WILL INVEST IN AND ADD JOBS IN THE REGION, DEVELOPMENT OF THE TALENT PIPELINE AND DEVELOPMENT SYSTEMS IN THE REGION, AND SUPPORT FOR REGIONAL INFRASTRUCTURE IMPROVEMENTS FOR ECONOMIC DEVELOPMENT PRIORITIES
Expenses $1,139,947 · Revenue $139,894
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bill SmithBILL SMITH
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Robert LongROBERT LONG
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Donald FlowDONALD FLOW
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Nido QuebeinNIDO QUEBEIN
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Scott BaxterSCOTT BAXTER
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Louis DejoyLOUIS DEJOY
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Allen GantALLEN GANT
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Harold MartinHAROLD MARTIN
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Arthur SametARTHUR SAMET
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
David AllenDAVID ALLEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Spencer BairdSPENCER BAIRD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Anita BachmannANITA BACHMANN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Aprille BellAPRILLE BELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Graham BennettGRAHAM BENNETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Connie BookDR CONNIE BOOK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Louise BradyLOUISE BRADY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark BrazilMARK BRAZIL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bonita BrownBONITA BROWN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joe BuddJOE BUDD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer ByrneJENNIFER BYRNE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mary Jo CagleMARY JO CAGLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elise Peters CareyELISE PETERS CAREY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cindy ClareCINDY CLARE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David CongdonDAVID CONGDON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Greg CoxGREG COX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Adam CurrieADAM CURRIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chris DunbarCHRIS DUNBAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Robert EglestonROBERT EGLESTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Julie Ann FreischlagJULIE ANN FREISCHLAG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Frank GilliamFRANK GILLIAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David Griffin JrDAVID GRIFFIN JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Travis RhodesTRAVIS RHODES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
James MartinJAMES MARTIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Aimee McWhorterAIMEE MCWHORTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Clarence McDonaldCLARENCE MCDONALD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ed KitchenED KITCHEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John MorrowJOHN MORROW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David MountsDAVID MOUNTS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David NeillDAVID NEILL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nicole PetersNICOLE PETERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bill RobertsBILL ROBERTS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nicole BrennerNICOLE BRENNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brian StadingBRIAN STADING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ben StatonBEN STATON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Robin TeamROBIN TEAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mike TropshaMIKE TROPSHA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Richard VanoreRICHARD VANORE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Peter VoorhoevePETER VOORHOEVE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael WalkerMICHAEL WALKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Susan WenteSUSAN WENTE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Taylor WilliamsTAYLOR WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Todd WilliamsTODD WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Hideto YamasakiHIDETO YAMASAKI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patrick MessingerPATRICK MESSINGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mike FoxMIKE FOX
PRESIDENT AND CEO
- Total calculated
- $219,996
- From this org
- $219,996
- From related orgs
- $0
- Other
- $0
- Hours/week
- 25
Schedule J breakdown matched by us
- Base
- $219,996
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $219,996
-
Stanhope KellySTANHOPE KELLY
EXECUTIVE CHAIRMAN
- Total calculated
- $40,000
- From this org
- $40,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 27 April 2026
- IRS schema version
- 2025v4.1
- Source object
- 202601259349300025
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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