2024-02-08T10:06:22-06:00 2023-06-30 561220683 POTTER & COMPANY PA PO BOX 5564 MOORESVILLE NC 28117 990 2022-07-01 561555859 IREDELL COUNTY ECONOMIC DEVELOPMENT CORPORATION IRED 7046631898 500 S MAIN STREET MOORESVILLE NC 28115 DAVID ALEXANDER CHAIRMAN 7046631898 2024-02-08 1 DAVID ALEXANDER 999009999 0 ROBERT W TAYLOR CPA P00030911 7046623146 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z 500 S MAIN STREET MOORESVILLE NC 28115 995131 0 X WWW.IREDELLEDC.COM X 1996 NC TO STIMULATE AND PROMOTE THE INDUSTRIAL AND COMMERCIAL DEVELOPMENT OF IREDELL COUNTY 18 18 7 0 0 0 861140 774457 90000 185000 110 2204 8138 30219 959388 991880 0 0 0 0 575061 619931 0 0 0 222511 280007 797572 899938 161816 91942 980582 1029927 427541 376341 553041 653586 TO STIMULATE AND PROMOTE THE INDUSTRIAL AND COMMERCIAL DEVELOPMENT OF IREDELL COUNTY. 0 0 808905 THE ORGANIZATION PROVIDES SERVICS TO HELP ENCOURAGE AND FACILITATE THE ESTABLISHING, BUILDING, OPERATING, MAINTAINING AND EXPANDING OF NEW AND EXISTING BUSINESSES AND INDUSTRIES IREDELL COUNTY, NORTH CAROLINA. THE ORGANIZATION HELPED TO FACILITATE THE EXPANSION. 808905 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 7 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 NC X LISA TAYLOR 7046631898 500 SOUTH MAIN STREET SUITE 449 MOORESVILLE NC 28115 MELISSA NEADER BOARD MEMBER 1.00 X 0 0 0 BETH MULL BOARD MEMBER 1.00 X 0 0 0 COSTI KUTTEH BOARD MEMBER 1.00 X 0 0 0 CHRIS CARNEY BOARD MEMBER 1.00 X 0 0 0 TEROSS YOUNG BOARD MEMBER 1.00 X 0 0 0 RON SMITH BOARD MEMBER 1.00 X 0 0 0 RYAN RASE BOARD MEMBER 1.00 X 0 0 0 RON WYATT BOARD MEMBER 1.00 X 0 0 0 STEVE DAILEY BOARD MEMBER 1.00 X 0 0 0 JIM MARSHALL BOARD MEMBER 1.00 X 0 0 0 MARIAN CLARK BOARD MEMBER 1.00 X 0 0 0 BOB PALMES PAST-CHAIRMAN 1.00 X 0 0 0 JEFF CERNUTO VICE-CHAIR 2.00 X X 0 0 0 DAVID ALEXANDER CHAIRMAN 2.00 X X 0 0 0 PAUL COOK BOARD MEMBER 1.00 X 0 0 0 BILL MCCOMBS TREASURER 2.00 X X 0 0 0 CHAD SANDERS SECRATARY 2.00 X X 0 0 0 JAMES MALLORY BOARD MEMBER 1.00 X 0 0 0 TIM BREWER BOARD MEMBER - NON VOTING 1.00 X 0 0 0 MARK BRADY BOARD MEMBER - NON VOTING 1.00 X 0 0 0 JENN BOSSER PRESIDENT 40.00 X 170026 0 0 170026 0 0 1 0 1 0 0 623010 151447 8897 774457 PROGRAM SERVICE 900099 185000 185000 185000 5455 5455 15480 0 15480 15480 15480 3251 -3251 -3251 -3251 OTHER INCOME 561499 14739 14739 14739 991880 211968 0 5455 170026 153023 17003 298892 269003 29889 56256 47818 8438 59651 51300 8351 35106 27734 7372 18250 14235 4015 33532 33532 17674 17674 3606 3245 361 13150 13150 2083 1875 208 5498 5498 66166 59549 6617 3364 2893 471 NEW BUSINESS DEVELOPMEN 65980 65980 MISCELLANEOUS 12536 12536 TELEPHONE 9044 8140 904 LICENSES 6656 0 6656 22468 21720 748 899938 808905 91033 0 416672 251792 103220 368675 83101 40111 36601 42990 424089 366470 980582 1029927 427541 376341 427541 376341 X 553041 653586 553041 653586 980582 1029927 X 91942 8603 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12500 2995 9505 70601 37116 33485 42990 SECURITY DEPOSIT 3939 FINANCE LEASE RIGHT OF USE ASSET 360351 PAYMENT RECEIVABLE 2180 366470 CURRENT POTION FINANCING LEASE LIABILITY 55788 FINANCE LEASE LIABILITY LESS CURRENT PORTION 317993 DEFERRED RENT REVENUE 1310 RENT SECUIRTY DEPOSIT 1250 376341 991880 0 991880 0 991880 899938 0 899938 0 899938 0 0 0 JENN BOSSER PRESIDENT 170026 0 0 0 0 0 0 0 0 0 170026 0 0 0 SOUTH IREDELL COMMUNITY DEVELOPMENT CORPORATION (#56-1572573) PERFORMANCE OF ADMINISTRATIVE SERVICES 60000 IREDELL COUNTY ECONOMIC DEVELOPMENT CORPORATION (ICEDC) SHARES SOME COMMON BOARD MEMBERS WITH THE SOUTH IREDELL COMMUNITY DEVELOPMENT CORPORATION (SICDC). SICDC HAS SOME ADMINISTRATIVE SERVICES REIMBURSED BY ICEDC AT A COST OF $5,000 A MONTH OR $60,000 FOR THE YEAR. THIS AGREEMENT MAY TERMINATE AT ANY TIME BY EITHER PARTY AFTER A 90 DAY WRITTEN NOTICE AND IS REPORTED IN REVENUE AS "ADMINISTRATIVE CONTRACT REIMBURSEMENT". 0 MEMBERS OF IREDELL COUNTY ECONOMIC DEVELOPMENT CORP BOARD OF DIRECTORS CONTRACTS FOR SERVICES MEMBERS OF THE CORPORATION'S BOARD OF DIRECTORS INCLUDE REPRESENTATIVES FROM VARIOUS GOVERNMENTAL UNITS.EACH UNIT CONTRACTS WITH THE ORGANIZATION FOR SERVICES WHICH GENERATE REVENUE FOR THE CORPORATION. THE LIST OF EACH GOVERNMENTAL UNIT IS BELOW: 0 MEMBERS OF IREDELL COUNTY ECONOMIC DEVELOPMENT CORP BOARD OF DIRECTORS CONTRACTS FOR SERVICES 425610 IREDELL COUNTY 0 MEMBERS OF IREDELL COUNTY ECONOMIC DEVELOPMENT CORP BOARD OF DIRECTORS CONTRACTS FOR SERVICES 160000 TOWN OF MOORESVILLE 0 MEMBERS OF IREDELL COUNTY ECONOMIC DEVELOPMENT CORP BOARD OF DIRECTORS CONTRACTS FOR SERVICES 136000 CITY OF STATESVILLE 0 MEMBERS OF IREDELL COUNTY ECONOMIC DEVELOPMENT CORP BOARD OF DIRECTORS CONTRACTS FOR SERVICES 26400 TOWN OF TROUTMAN 0 FORM 990, PART VI, SECTION B, LINE 11B GOVERNING DOCUMENTS DISCLOSURE EXPLANATION WHEN THIERE IS A REQUEST THEY REVEWI THE FEDERAL FILINGS A COPY IS MADE AVAILABLE. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE CHAIRMAN OF THE BOARD OF DIRECTORS REVIEWS THE RETURN. IF THERE ARE ANY CAHGENS THE TREASURER IS CONSULTED AND THE ACCOUNTANT IF DEEMED NECESSARY. FORM 990, PART XI, LINE 9: FIXED ASSETS EXPENSED IN FY22 8,974. DEPRECIATION ON ADDITIONAL FIXED ASSETS TAKEN IN FY22 -371.