Wayne County Development Allianceinc

Organization Overview

Wayne County Development Allianceinc is located in Goldsboro, NC. The organization was established in 2009. According to its NTEE Classification (S30) the organization is classified as: 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. Wayne County Development Allianceinc 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 06/2023, Wayne County Development Allianceinc generated $11.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 40.4% each year . All expenses for the organization totaled $10.8m during the year ending 06/2023. While expenses have increased by 40.5% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

ENHANCE ECONOMIC DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ALLIANCE IS RESPONSIBLE TO FURTHER THE ECONOMIC DEVELOPMENT PROSPECTS OF WAYNE COUNTY, NORTH CAROLINA AND TO PROMOTE JOB CREATION OPPORTUNITIES, WAGE GROWTH, AND GROWTH IN THE TAX BASE IN WAYNE COUNTY. THE ALLIANCE WILL SEEK TO ENHANCE THE OVERALL RESIDENTIAL, BUSINESS, AND COMMERCIAL ENVIRONMENT, THUS IMPROVING THE QUALITY OF LIFE FOR ALL PEOPLE OF WAYNE COUNTY.


THE ALLIANCE IS RESPONSIBLE TO FURTHER THE ECONOMIC DEVELOPMENT PROSPECTS OF WAYNE COUNTY, NORTH CAROLINA AND TO PROMOTE JOB CREATION OPPORTUNITIES, WAGE GROWTH, AND GROWTH IN THE TAX BASE IN WAYNE COUNTY. THE ALLIANCE WILL SEEK TO ENHANCE THE OVERALL RESIDENTIAL, BUSINESS, AND COMMERCIAL ENVIRONMENT, THUS IMPROVING THE QUALITY OF LIFE FOR ALL PEOPLE OF WAYNE COUNTY.


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Board, Officers & Key Employees

Name (title)Compensation
Barbara Aycock
Director
$0
Neal Benton
Chairman
$0
Bill Broadway
Director
$0
Chip Crumpler
Secretary/tr
$0
Joe Daughtery
Director
$0
Taylor Jeffreys
Vice Chairma
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $10,661,567
All other contributions, gifts, grants, and similar amounts not included above$226,567
Noncash contributions included in lines 1a–1f $319,542
Total Revenue from Contributions, Gifts, Grants & Similar$10,888,134
Total Program Service Revenue$0
Investment income $72,071
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,960,205

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