ALAMANCE COUNTY ECONOMIC DEVELOPMENT FOUNDATION

EIN 20-2384314 BURLINGTON, NC

Browse the largest nonprofits in North Carolina

Revenue 2025: $451,969
Expenses 2025: $436,101

Program services were 93.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection: 03
NTEE code: S30
Classification: 1000
Street: PO BOX 450

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

THE MISSION OF THE FOUNDATION IS TO ENHANCE THE WELFARE OF BUSINESS AND TO PROMOTE AND STIMULATE ECONOMIC VITALITY IN THE ALAMANCE COUNTY AREA FOR THE BENEFIT OF ITS MEMBERS AND THE COMMUNITY.

THE FOUNDATION'S ACTIVITIES SEEK TO INCREASE JOBS AND NEW INVESTMENT IN THE ALAMANCE COUNTY AREA AND TO ASSIST IN AND FACILITATE THE GROWTH OF JOBS AND INVESTMENT IN EXISTING INDUSTRY IN THE AREA THROUGH MARKETING, RESEARCH, AND PUBLIC/MEDIA RELATIONS. IN 2025, THE FOUNDATION AWARDED 14 GRANTS TOTALING $105,000. ADDITIONAL GRANT AND SPONSORSHIP MONIES PAID OUT FOR OTHER PURPOSES.

Expenses $408,300 · Grants $111,400

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Reagan GuralREAGAN GURAL

PRESIDENT

Total calculated

$0

Hours/week

5
Patricia RhodesPATRICIA RHODES

TREASURER

Total calculated

$0

Hours/week

5
Ryan MoffittRYAN MOFFITT

CHAIR

Total calculated

$0

Hours/week

5
Ed HooksED HOOKS

DIRECTOR

Total calculated

$0

Hours/week

1
Griffin McClureGRIFFIN MCCLURE

DIRECTOR

Total calculated

$0

Hours/week

1
Greg LunsfordGREG LUNSFORD

DIRECTOR

Total calculated

$0

Hours/week

1
Ted ChandlerTED CHANDLER

DIRECTOR

Total calculated

$0

Hours/week

1
Sara CloudSARA CLOUD

DIRECTOR

Total calculated

$0

Hours/week

1
Patrick NoltemeyerPATRICK NOLTEMEYER

DIRECTOR

Total calculated

$0

Hours/week

1
Rachel BaldwinRACHEL BALDWIN

DIRECTOR

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. Earlier years are each on their own filing page.

Filings

2025

Revenue

$451,969

Expenses

$436,101

Contributions

$406,350

Grants paid

$111,400
2024

Revenue

$375,751

Expenses

$370,701

Contributions

$334,039

Grants paid

$98,718
2023

Revenue

$400,737

Expenses

$398,302

Contributions

$376,530

Grants paid

$128,546
2022

Revenue

$569,833

Expenses

$472,739

Contributions

$569,400

Grants paid

$193,311

Tax year	Revenue	Expenses	Contributions	Grants paid
2025	$451,969	$436,101	$406,350	$111,400
2024	$375,751	$370,701	$334,039	$98,718
2023	$400,737	$398,302	$376,530	$128,546
2022	$569,833	$472,739	$569,400	$193,311

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

2021 · 990

Revenue

$415,570

Expenses

$354,129

Assets (EOY)

$1,355,130
2020 · 990

Revenue

$391,475

Expenses

$288,424

Assets (EOY)

$1,293,689
2019 · 990

Revenue

$387,948

Expenses

$283,302

Assets (EOY)

$1,190,638
2018 · 990

Revenue

$428,719

Expenses

$247,454

Assets (EOY)

$1,085,992
2018 · 990

Revenue

$428,719

Expenses

$247,454

Assets (EOY)

$1,085,992
2017 · 990

Revenue

$536,444

Expenses

$506,162

Assets (EOY)

$904,727
2016 · 990

Revenue

$310,444

Expenses

$346,461

Assets (EOY)

$874,445
2015 · 990

Revenue

$403,443

Expenses

$146,925

Assets (EOY)

$910,462
2014 · 990

Revenue

$417,193

Expenses

$222,275

Assets (EOY)

$653,944
2013 · 990

Revenue

$444,887

Expenses

$314,976

Assets (EOY)

$459,026

Tax year	Form	Revenue	Expenses	Assets (EOY)
2021	990	$415,570	$354,129	$1,355,130
2020	990	$391,475	$288,424	$1,293,689
2019	990	$387,948	$283,302	$1,190,638
2018	990	$428,719	$247,454	$1,085,992
2018	990	$428,719	$247,454	$1,085,992
2017	990	$536,444	$506,162	$904,727
2016	990	$310,444	$346,461	$874,445
2015	990	$403,443	$146,925	$910,462
2014	990	$417,193	$222,275	$653,944
2013	990	$444,887	$314,976	$459,026

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

ALAMANCE COMMUNITY COLLEGE FOUNDATION INC

$100,000

2022 TO SUPPORT BIOTECHNOLOGY CENTER OF EXCELLENCE'S INVESTMENT IN ALAMANCE COUNTY.
CHICK-FIL-A FOUNDATION INC

$50,000

2022 TO SUPPORT ORGANIZATION'S PURPOSE.
LABORATORY CORPORATION OF AMERICA HOLDINGS

$50,000

2023 ECONOMIC INCENTIVE - PROJECT SKYKING
HAW RIVER MUSHROOMS LLC

$25,000

2025 2025 IMPACT GRANT
ALAMANCE COUNTY CHAMBER - TEACHER OF THE YEAR

$23,457

2022 TO REIMBURSE THE CHAMBER FOR EXCELLENCE IN EDUCATION TEACHER OF THE YEAR EXPENSES.
ALAMANCE COUNTY CHAMBER - ALAMANCE YOUTH LEADERSHIP ACADEMY

$17,354

2022 TO REIMBURSE FOR THE CHAMBER FOR ALAMANCE YOUTH LEADERSHIP ACADEMY EXPENSES.
MAKE NICE LLC

$15,000

2024 2024 GROWTH GRANT RECIPIENT
RAN-LEW DAIRY MILK COMPANY LLC

$15,000

2024 2024 GROWTH GRANT RECIPIENT
HAW RIVER MUSHROOMS LLC

$15,000

2023 2023 GROWTH GRANT RECIPIENT
KENYON'S MEAT MARKET

$14,000

2023 2023 GROWTH GRANT RECIPIENT

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

THE BLACKBAUD GIVING FUND

$65,000

2025 GENERAL SUPPORT
ALAMANCE COMMUNITY FOUNDATION

$6,000

2024 PROGRAM ASSISTANCE

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2025 return

ALAMANCE COUNTY AREA CHAMBER OF COMMERCE INC

501(C)(6) · TO PROMTE ECONOMIC DEVELOPMENT IN ALAMANCE COUNTY · NC

Declared as related by

ALAMANCE COUNTY AREA CHAMBER OF COMMERCE

On its 2023 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.