Union County Economic Development Growth Enterprise Inc
- Assets
- $62.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, NC
- Founding
- 02/2006
- Data as of
- 06/2022
- EIN
- 20-0533572
Organization Overview
Union County Economic Development Growth Enterprise Inc is located in Monroe, NC. The organization was established in 2006. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Union County Economic Development Growth Enterprise Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Union County Economic Development Growth Enterprise Inc generated $47.0k in total revenue. All expenses for the organization totaled $33.7k during the year ending 06/2022. While expenses have increased by 28.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PURSUED PROGRAMS TO GENERATE BUSINESS ACTIVITY FROM NEW BUSINESS RECRUITMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Rhett Brown Board Member | 0.1 | $0 | |
Gene Robbins Chairman | 0.1 | $0 | |
Chris Plate' President & CEO | 0.25 | $0 | |
Ron Brown Vice-Chairman | 0.1 | $0 | |
Michael Lutes Secretary/treasurer | 0.1 | $0 | |
Jack Hargett Board Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,000 |
| Total Program Service Revenue | $41,029 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,029 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,705 |
| Total expenses | $33,705 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,752 |
| Other assets | $0 |
| Total assets | $62,415 |
| Total liabilities | $7,925 |
| Net assets or fund balances | $54,490 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carter Street Corporation Chattanooga, TN | $16,714,346 | $6,596,539 |
Charlotte Center City Partners Charlotte, NC | $3,090,178 | $6,164,890 |
Venture Richmond Inc Richmond, VA | $7,025,585 | $5,575,003 |
Catawba Regional Council Of Governments Rock Hill, SC | $18,118,741 | $10,188,786 |
Enterprise Center Inc Chattanooga, TN | $3,677,488 | $5,998,300 |
Common Ground Alliance Alexandria, VA | $4,149,136 | $2,873,132 |
Metanoia North Charleston, SC | $10,676,090 | $4,102,984 |
Forward Cities Inc Durham, NC | $1,196,373 | $2,460,187 |
Industrial Commons Morganton, NC | $6,060,975 | $4,558,553 |
Partners In Ministry Laurinburg, NC | $1,633,972 | $2,541,350 |
Small Business Assistance Corp Savannah, GA | $17,970,431 | $1,539,306 |
Binghampton Development Corporation Memphis, TN | $12,365,463 | $1,404,895 |