Form 990 for tax year 2022
Filed by SURRY COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP INC.
Totals
- Total revenue
- $309,413
- Total expenses
- $243,290
- Contributions and grants received
- $308,971
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $442
- Other revenue
- $0
- Total assets, end of year
- $414,477
- Total liabilities, end of year
- $7,703
- Net assets or fund balances, end of year
- $406,774
- Program services expenses (Part IX)
- $243,290
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $243,290
Program services were 100.0% 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.
-
1e · Government grants (contributions)
$219,000
-
1f · All other contributions, gifts and grants
$89,971
-
3 · Investment income
total $442 · related or exempt $442
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $87,125 · program services $87,125
-
7 · Other salaries and wages
total $25,785 · program services $25,785
-
8 · Pension plan contributions
total $3,654 · program services $3,654
-
10 · Payroll taxes
total $8,773 · program services $8,773
-
11g · Fees: other
total $34,954 · program services $34,954
-
12 · Advertising and promotion
total $13,105 · program services $13,105
-
13 · Office expenses
total $428 · program services $428
-
14 · Information technology
total $7,585 · program services $7,585
-
16 · Occupancy
total $9,790 · program services $9,790
-
17 · Travel
total $8,798 · program services $8,798
-
19 · Conferences, conventions and meetings
total $3,323 · program services $3,323
-
23 · Insurance
total $3,919 · program services $3,919
-
24a · Other expenses: SCEDP STRATEGIC PLAN
total $16,985 · program services $16,985
-
24b · Other expenses: 5 PROFESSIONAL DUES & S
total $5,036 · program services $5,036
-
24c · Other expenses: RECRUITING/RELOCATION E
total $3,835 · program services $3,835
-
24d · Other expenses: PROFESSIONAL DUES & SER
total $2,499 · program services $2,499
-
24e · All other expenses
total $7,696 · program services $7,696
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $331,028 · end of year $205,315
-
2 · Savings and temporary cash investments
end of year $184,180
-
3 · Pledges and grants receivable
beginning of year $19,789 · end of year $15,000
-
4 · Accounts receivable
beginning of year $2,482 · end of year $2,482
-
9 · Prepaid expenses and deferred charges
end of year $7,500
-
10a · Land, buildings and equipment: cost or other basis
$59,471
-
10b · Land, buildings and equipment: accumulated depreciation
$59,471
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $13,333 · end of year $7,703
-
27 · Net assets without donor restrictions
beginning of year $229,966 · end of year $293,899
-
28 · Net assets with donor restrictions
beginning of year $110,000 · end of year $112,875
Mission and programs · 2022
Mission
TO PROMOTE ECONOMIC DEVELOPMENT IN SURRY COUNTY, NORTH CAROLINA, BY SUPPORTING EXISTING BUSINESSES AND INDUSTRY SO THEY WILL CONTINUE TO THRIVE AND GROW, AND TO ATTRACT NEW BUSINESSES AND INDUSTRY TO THE AREA.
Activities or mission (Part I)
TO PROMOTE ECONOMIC DEVELOPMENT IN SURRY COUNTY, NORTH CAROLINA, BY SUPPORTING EXISTING BUSINESSES AND INDUSTRYSO THEY WILL CONTINUE TO THRIVE AND GROW, AND TO ATTRACT NEW BUSINESSES AND INDUSTRY TO THE AREA.
-
ASSISTED WITH INDUSTRY EXPANSION PROJECTS IN SURRY COUNTY. CONTRIBUTIONS RECEIVED FOR THE YEAR ENDED 06/30/2023 WERE $308,971, FUNCTIONAL EXPENSES WERE $243,290 AND OTHER PROGRAM SERVICE REVENUE WAS $442.
Expenses $243,290 · Revenue $442
As filed on the 2022 return.
Listed in Part VII
-
JEFF EIDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RICHIE PARKER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
PETER PEQUENO
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
ROBIN TESTERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAVID STEELMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOANNA RADFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RANDY COLLINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHRIS LUMSDEN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
DR MYRA COX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DR DAVID SHOCKLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BILL ROBERTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MIKE PACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BRENT CORNELISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BARBARA JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT BALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL BOAZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JON CAWLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SAM HOLDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DONNA KIGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PAUL HAMMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHRIS KNOPF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LAURA NEELY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LARRY JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DR KIM MORRISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MATTHEW WOOTEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TRAVIS REEVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RON SUTPHIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAVE DINKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STAN FARMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BLAKE MOYER
PRESIDENT
- Total calculated
- $26,752
- From this org
- $26,406
- From related orgs
- $0
- Other
- $346
- Hours/week
- 40
-
TODD TUCKER
PRESIDENT
- Total calculated
- $62,461
- From this org
- $60,718
- From related orgs
- $0
- Other
- $1,743
- Hours/week
- 40
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411369349304871
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