Transylvania Partnership Inc

Organization Overview

Transylvania Partnership Inc, operating under the name Transylvania Economic Alliance, is located in Brevard, NC. The organization was established in 1995. 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. As of 06/2024, Transylvania Economic Alliance employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transylvania Economic Alliance 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 06/2024, Transylvania Economic Alliance generated $795.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $625.2k during the year ending 06/2024. While expenses have increased by 7.6% per year over the past 9 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

2024

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PROMOTES GENERAL ECONOMIC DEVELOPMENT IN TRANSYLVANIA COUNTY, NORTH CAROLINA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROMOTES GENERAL ECONOMIC DEVELOPMENT IN TRANSYLVANIA COUNTY, NORTH CAROLINA.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Traylor
Chair
$0
John Shoemaker
Secretary
$0
Hannah Camenzind
Board Member
$0
Jim Cruickshank
Treasurer
$0
Amber Webb
Past Chair
$0
Steve Hunting
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$27,000
Fundraising events$0
Related organizations$0
Government grants $375,000
All other contributions, gifts, grants, and similar amounts not included above$25,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$427,000
Total Program Service Revenue$360,821
Investment income $7,289
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 $795,110

Peer Organizations

Organization NameAssets
Economic Development Partnership Of North Carolina Inc
Raleigh, NC
$52,521,206
Riverfront Development Corporation
Memphis, TN
$7,696,270
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Atlanta, GA
$26,232,942
Opportunity South Carolina
Greenville, SC
$7,277,888
Memphis Convention And Visitors Bureau
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$18,472,607
Access To Capital For Entrepreneurs Inc
Cleveland, GA
$26,987,407
Tennessee Technology Development Corporation
Nashville, TN
$13,419,783
Richmond Metropolitan Convention & Vistors Bureau
Richmond, VA
$18,502,068
Chattanooga Area Convention And Visitors Bureau Inc
Chattanooga, TN
$12,349,629
Wayne County Development Allianceinc
Goldsboro, NC
$10,960,205
Nash-Edgecombe Wilson Community Action Inc
Rocky Mount, NC
$10,587,622
Knoxville Convention & Visitors Bureau Inc
Knoxville, TN
$10,096,746
Center For Regional Economic Competitiveness
Arlington, VA
$5,182,427
Mdc Inc
Durham, NC
$15,380,803
Columbia Metropolitan Convention And Visitors Bureau
Columbia, SC
$5,816,998
South Carolina I-77 Alliance
Richburg, SC
$6,505,378
Blount Partnership
Maryville, TN
$4,967,390
Fairfax County Convention And Visitors Corporation
Fairfax, VA
$4,753,430
Alexandria Convention And Visitors Association Inc
Alexandria, VA
$4,587,998
Srs Community Reuse Organization
Aiken, SC
$4,532,694
Roanoke Valley Convention And Vis- Itors Bureau
Roanoke, VA
$4,018,675
Well Coffeehouse
Nashville, TN
$3,847,156
Cartersville-Bartow County Tourism Council
Cartersville, GA
$4,081,931
Vibrant Memphis Inc
Memphis, TN
$2,621,131
Hampton Roads Economic Development Alliance
Norfolk, VA
$3,867,938

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