Form 990 for tax year 2024
Filed by RESEARCH TRIANGLE REGIONAL PARTNERSHIP.
Totals
- Total revenue
- $1,180,851
- Total expenses
- $1,177,373
- Contributions and grants received
- $94,344
- Grants paid
- $0
- Program service revenue
- $1,080,802
- Investment income
- $5,705
- Other revenue
- $0
- Total assets, end of year
- $604,107
- Total liabilities, end of year
- $165,516
- Net assets or fund balances, end of year
- $438,591
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
1e · Government grants (contributions)
$94,344
-
2a · Program service revenue: ECONOMIC DEVELOPMENT A
total $327,486 · related or exempt $327,486
-
2b · Program service revenue: GREATER RALEIGH CHAMBE
total $274,250 · related or exempt $274,250
-
2c · Program service revenue: STATE OF THE REGION
total $245,237 · related or exempt $245,237
-
2d · Program service revenue: SPONSORSHIPS
total $131,500 · related or exempt $131,500
-
2e · Program service revenue: DURHAM CHAMBER OF COMM
total $102,329 · related or exempt $102,329
-
3 · Investment income
total $5,705 · excluded $5,705
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $218,418
-
7 · Other salaries and wages
total $91,179
-
8 · Pension plan contributions
total $3,963
-
9 · Other employee benefits
total $16,896
-
10 · Payroll taxes
total $18,456
-
11g · Fees: other
total $43,282
-
12 · Advertising and promotion
total $327,050
-
13 · Office expenses
total $5,160
-
14 · Information technology
total $17,883
-
16 · Occupancy
total $47,757
-
17 · Travel
total $811
-
20 · Interest
total $6
-
21 · Payments to affiliates
total $500
-
23 · Insurance
total $11,765
-
24a · Other expenses: PROGRAM DELIVERY
total $299,761
-
24b · Other expenses: STATE OF THE REGION
total $72,921
-
24c · Other expenses: STAFF DEVELOPMENT
total $1,565
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $208,563 · end of year $240,883
-
2 · Savings and temporary cash investments
beginning of year $202,708 · end of year $208,413
-
4 · Accounts receivable
beginning of year $84,750 · end of year $79,875
-
9 · Prepaid expenses and deferred charges
beginning of year $4,137 · end of year $405
-
10a · Land, buildings and equipment: cost or other basis
$76,860
-
10b · Land, buildings and equipment: accumulated depreciation
$76,860
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $118,782 · end of year $74,531
-
17 · Accounts payable and accrued expenses
beginning of year $39,506 · end of year $59,030
-
19 · Deferred revenue
beginning of year $25,000 · end of year $30,656
-
25 · Other liabilities
beginning of year $119,321 · end of year $75,830
-
27 · Net assets without donor restrictions
beginning of year $435,113 · end of year $438,591
Mission and programs · 2024
Mission
THE RESEARCH TRIANGLE REGIONAL PARTNERSHIP IS AN ASSOCIATION OF AREA ECONOMIC DEVELOPMENT AGENCIES DEDICATED TO KEEPING THE RESEARCH TRIANGLE REGION ECONOMICALLY STRONG BY COLLECTIVELY MARKETING THE REGION'S COMPETITIVE ADVANTAGES AND PROVIDING SUPPORT TO AND FACILITATING COLLABORATION AMONG ITS MEMBER INSTITUTIONS AND A WIDE RANGE OF PARTNERS.
Activities or mission (Part I)
TO PROMOTE ECONOMIC DEVELOPMENT OF THE RESEARCH TRIANGLE REGION.
-
THE RESEARCH TRIANGLE REGIONAL PARTNERSHIP (RTRP) LEADS ECONOMIC DEVELOPMENT FOR THE RESEARCH TRIANGLE REGION OF NORTH CAROLINA. RTRP WORKS TO GENERATE COMPETITIVE ADVANTAGE AND ECONOMIC GROWTH FOR MEMBER COUNTIES AND INVESTORS. MEMBER COUNTIES INCLUDE: CHATHAM, DURHAM, FRANKLIN, GRANVILLE, HARNETT, JOHNSTON, LEE, NASH, ORANGE, PERSON, VANKE, WAKE, WARREN AND WILSON.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Adrienne ColeADRIENNE COLE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
John AtkinsJOHN ATKINS
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Nimasheena BurnsNIMASHEENA BURNS
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Farad AliFARAD ALI
PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Chris BellCHRIS BELL
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Adam KleinADAM KLEIN
CHAIR-ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Joshua FlorioJOSHUA FLORIO
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Karen HowardKAREN HOWARD
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Eddie JaggersEDDIE JAGGERS
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Ed AldridgeED ALDRIDGE
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Steve BrantleySTEVE BRANTLEY
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Barbara FiedorBARBARA FIEDOR
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Wayne OutlawWAYNE OUTLAW
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Brandy LynchBRANDY LYNCH
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Phyllis Portie-AscottPHYLLIS PORTIE-ASCOTT
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Stephen BarringtonSTEPHEN BARRINGTON
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Dr Lisa ChapmanDR LISA CHAPMAN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
J Andrew HagyJ ANDREW HAGY
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Andrew HoltonANDREW HOLTON
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Dan BrummittDAN BRUMMITT
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Don HobartDON HOBART
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Jim WhitleyJIM WHITLEY
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Beth Tyner JonesBETH TYNER JONES
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Greg EtheridgeGREG ETHERIDGE
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Dr Scott McKinneyDR SCOTT MCKINNEY
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Kevin DoughertyKEVIN DOUGHERTY
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Franklin GomezFRANKLIN GOMEZ
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Allen WinstonALLEN WINSTON
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Sherry WilbornSHERRY WILBORN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Benjamin PattisonBENJAMIN PATTISON
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Ferdinand RouseFERDINAND ROUSE
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Geoff DurhamGEOFF DURHAM
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Jimmy KeenJIMMY KEEN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer LantzJENNIFER LANTZ
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Jimmy RandolphJIMMY RANDOLPH
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
James H Sills IIIJAMES H SILLS III
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Kevin McLaughlinKEVIN MCLAUGHLIN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Lee StephensonLEE STEPHENSON
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Kevin WalkerKEVIN WALKER
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Donnie OldhamDONNIE OLDHAM
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Chris JohnsonCHRIS JOHNSON
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Derek ChenDEREK CHEN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Michael LandguthMICHAEL LANDGUTH
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Jimmy GoodmonJIMMY GOODMON
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
John WardJOHN WARD
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Angelena Kearney-DunlapANGELENA KEARNEY-DUNLAP
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Brady MartinBRADY MARTIN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Nicole SheedyNICOLE SHEEDY
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
C Michael SmithC MICHAEL SMITH
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Buzz CrosbyBUZZ CROSBY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Ryan PrebleRYAN PREBLE
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Jack WigginsJACK WIGGINS
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
John WhiteJOHN WHITE
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 1
-
Ryan CombsRYAN COMBS
EXECUTIVE DIRECTOR
- Total calculated
- $234,689
- From this org
- $210,325
- From related orgs
- $0
- Other
- $24,364
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $210,325
- Bonus
- $0
- Other
- $0
- Deferred
- $21,032
- Nontaxable benefits
- $3,332
- Filer's total
- $234,689
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
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
RESEARCH TRIANGLE RETIONAL PARTNERSHIP FOUNDATION
501(C)(3) · IMPROVE ECONOMIC DEVELOPMENT OF RESEARCH TRIANGLE AREA · NC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 21 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202610529349300511
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