Icedc Foundation
- Assets
- $390.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mooresville, NC
- Founding
- 07/1999
- Data as of
- 06/2024
- EIN
- 56-2115262
Organization Overview
Icedc Foundation is located in Mooresville, NC. The organization was established in 1999. 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. Icedc Foundation 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, Icedc Foundation generated $178.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $116.1k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Alexander Chairman | 1 | $0 | |
Bill Mccombs Treasurer | 1 | $0 | |
Jeff Cernuto Vice Chairman | 1 | $0 | |
Chad Sanders Secretary | 2 | $0 | |
Bob Palmes Past Chairman | 2 | $0 | |
Jenn Bosser Icedc President - Non Voti | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,120 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $668 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $178,788 |
| 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 | $8,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $107,980 |
| Total expenses | $116,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $383,834 |
| Other assets | $0 |
| Total assets | $390,532 |
| Total liabilities | $0 |
| Net assets or fund balances | $390,532 |