Carolina Commerce & Technology Center Inc

Organization Overview

Carolina Commerce & Technology Center Inc, operating under the name Center Inc, is located in Pembroke, NC. The organization was established in 2001. 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 06/2022, Center Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center 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, Center Inc generated $351.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $311.7k during the year ending 06/2022. While expenses have increased by 2.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOPMENT OF LONG-TERM WORKFORCE & ENTREPRENEURIAL SUPPORT TO COMMERCIAL, INDUSTRIAL, AGRICULTURAL START-UP INITIATIVES & EXISTINGBUSINESS SUPPORT SERVICES

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEVELOPMENT OF LONG-TERM WORKFORCE & ENTREPRENEURIALSUPPORT TO COMMERCIAL, INDUSTRIAL, AGRICULTURALSTART-UP INTIATIVES & EXISTING BUSINESS SUPPORT SVCS


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Board, Officers & Key Employees

Name (title)Compensation
Kellie Blue
Secretary
$0
Fred Mckinnon
Treasurer
$0
Neil A Terry
Vice Chair
$0
Roger Oxendine
Chairman
$0
Thornton Lowry
Board Meeting
$0
Sybil Jones Bullard
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$351,524
Investment income $0
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 $351,524

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Carolina Commerce & Technology Center Inc has recieved totaling $1,000.

Awarding OrganizationAmount
Piedmont Natural Gas Foundation

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$1,000
View Grant Recipient Profile

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