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Nonprofiteer
← NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION

Form 990 for tax year 2022

Filed by NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION.

Totals

Total revenue
$993,326
Total expenses
$914,258
Contributions and grants received
$0
Grants paid
$38,345
Program service revenue
$980,849
Investment income
$10,113
Other revenue
$2,364
Total assets, end of year
$633,958
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$633,958
Program services expenses (Part IX)
$838,311
Management and general expenses
$75,947
Fundraising expenses
$0
Program service expenses (Part III)
$838,311

Program services were 91.7% 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.

  • 2a · Program service revenue: CONVENTIONS

    total $618,980 · related or exempt $618,980

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $249,219 · related or exempt $249,219

  • 2c · Program service revenue: SPONSORSHIPS

    total $112,500 · excluded $112,500

  • 2d · Program service revenue: CAREER CENTER POSTING

    total $150 · related or exempt $150

  • 3 · Investment income

    total $10,113 · excluded $10,113

  • 11a · Other revenue: CREDIT CARD REWARDS

    total $2,364 · excluded $2,364

  • 11e · Other revenue, total

    $2,364

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $38,345 · program services $38,345

  • 11a · Fees: management

    total $336,302 · program services $269,042 · management and general $67,260

  • 11d · Fees: lobbying

    total $77,000 · program services $77,000

  • 13 · Office expenses

    total $6,185 · program services $4,948 · management and general $1,237

  • 14 · Information technology

    total $3,063 · program services $2,450 · management and general $613

  • 19 · Conferences, conventions and meetings

    total $401,075 · program services $401,075

  • 23 · Insurance

    total $2,963 · management and general $2,963

  • 24a · Other expenses: BANK SERVICE CHARGE

    total $18,560 · program services $18,560

  • 24b · Other expenses: PROFESSIONAL DEVELOPMEN

    total $13,750 · program services $11,000 · management and general $2,750

  • 24c · Other expenses: TRAVEL/LODGING/MILEAGE

    total $11,396 · program services $11,396

  • 24d · Other expenses: OTHER PROFESSIONAL FEES

    total $4,000 · program services $3,200 · management and general $800

  • 24e · All other expenses

    total $1,619 · program services $1,295 · management and general $324

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $499,759 · end of year $603,859

  • 2 · Savings and temporary cash investments

    beginning of year $55,131 · end of year $30,099

  • 27 · Net assets without donor restrictions

    beginning of year $554,890 · end of year $633,958

Mission and programs · 2022

Mission

MEMBERS OF NCEDA PROMOTE THE STATE AND THEIR AREAS AS PLACES FOR NEW ECONOMIC ACTIVITY. THE PURPOSES OF THE ASSOCIATION ARE TO: INCREASE THE EFFECTIVENESS OF ECONOMIC DEVELOPERS, PROMOTE ETHICAL PRACTICES, ACT AS A UNIFIED FORCE ON MATTERS AFFECTING ECONOMIC DEVELOPMENT.

Activities or mission (Part I)

THE ASSOCIATION IS A STATEWIDE ASSOCIATION OF PROFESSIONAL ECONOMIC DEVELOPERS AND THEIR ALLIES IN NORTH CAROLINA.

  • TO PROMOTE PROFESSIONALISM IN ECONOMIC DEVELOPMENT BY INCREASING THE EFFECTIVENESS OF ECONOMIC DEVELOPERS, PROMOTE ETHICAL PRACTICES AND ACTING AS A UNIFIED FORCE ON MATTERS AFFECTING ECONOMIC DEVELOPMENT. THERE WERE APPROXIMATELY 873 MEMBERS IN FISCAL YEAR 2023.

    Expenses $838,311

As filed on the 2022 return.

Listed in Part VII

  • JOHN NELMS

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • CHRIS PLATE

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • JOANNA HELMS

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • GARY LANIER

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1
  • JOSH HALLINGSE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CLARK DUNCAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KELLY ANDREWS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ANDRE LENNON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JASON MCLEOD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BRITTANY BRADY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • TODD TUCKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RYAN NANCE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CARL REES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CHRIS CHUNG

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • MACHELLE SANDERS

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • BLAKE MOYER

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • SCOTT HAMILTON

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • LIZ DOBBINS-SMITH

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

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

  • TO HELP WITH NCEDA FOUNDATION FUND TO SUPPORT SCHOLARSHIPS AND RESEARCH.

Provenance

Return type
form_990
Tax year
2022
Filed
18 December 2023
IRS schema version
2022v5.0
Source object
202430169349303658

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