2024-05-13T15:40:58-05:00 2023-06-30 273858252 DEAN DORTON ALLEN FORD PLLC 4130 PARKLAKE AVE STE 400 RALEIGH NC 27612 990 2022-07-01 562048401 CHATHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION CHAT 9195428274 P O BOX 1627 PITTSBORO NC 27312 CRAIG WOOD VICE CHAIR 9195428274 2024-05-13 1 CRAIG WOOD 999009999 1 PAUL B MILLER P00166372 9198792909 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CRAIG WOOD P O BOX 1627 PITTSBORO NC 27312 519154 0 X WWW.CHATHAMEDC.ORG X 1997 NC TO COORDINATE AND PROMOTE ECONOMIC DEVELOPMENT, CREATING GOOD PAYING JOBS, INCREASING THE COMMERCIAL TAX BASE, AND IMPROVING THE STANDARD OF LIVING FOR COUNTY RESIDENTS. 11 10 6 20 0 0 1320298 508666 0 0 7781 10488 0 0 1328079 519154 75000 0 0 0 381934 387745 83025 1500 59036 152765 145142 692724 534387 635355 -15233 1387229 1378829 24194 35554 1363035 1343275 X BUILDING ON THE COUNTY'S STRATEGIC LOCATION BETWEEN THE TRIAD AND TRIANGLE, EDC IS POSITIONING CHATHAM AS THE PREFERRED LOCATION FOR EMERGING GROWTH COMPANIES. THE POLICY-DRIVEN APPROACH FOCUSES ON TARGETED ATTRACTION, RETENTION, AND ENTREPRENEURSHIP TO IMPROVE THE LIVES OF COUNTY RESIDENTS. EDC SUPPORTS INFRASTRUCTURE IMPROVEMENTS AND PRESERVATION OF THE COUNTY'S STRONG QUALITY OF PLACE. 0 0 343585 COORDINATE EFFORTS OF CHATHAM COUNTY AND MUNICIPAL GOVERNMENTS WITH A POLICY-DRIVEN APPROACH DESIGNED TO CREATE JOBS, INCREASE THE COMMERCIAL TAX BASE, AND BUILD PROSPERITY FOR RESIDENTS BY FOCUSING ON ATTRACTION, RETENTION AND ENTREPRENEURSHIP. 343585 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 6 1 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 X MICHAEL SMITH 9195428274 964 EAST STREET PITTSBORO NC 27312 CHREATHA ALSTON CHAIR 2.00 X X 0 0 0 CRAIG WOOD VICE CHAIR 2.00 X X 0 0 0 SHANNON BECKER SECRETARY/TREASURER 2.00 X X 0 0 0 DEBBIE ANDLETON DIRECTOR 1.00 X 0 0 0 ANTONIO MCBROOM DIRECTOR 1.00 X 0 0 0 JENNIFER PLATT DIRECTOR 1.00 X 0 0 0 SALY ROMERO-TORRES DIRECTOR 1.00 X 0 0 0 TRAVIS KOSOKI DIRECTOR 1.00 X 0 0 0 BOBBY PALMER DIRECTOR 1.00 X 0 0 0 STEPHANIE TERRY DIRECTOR 1.00 X 0 0 0 C MICHAEL SMITH PRESIDENT 40.00 X 150597 0 11925 150597 0 11925 1 0 1 0 0 392005 116661 508666 4021 4021 6467 0 6467 6467 6467 519154 0 0 10488 164206 108376 36125 19705 166585 104948 46644 14993 12400 7812 3472 1116 20990 13224 5877 1889 23564 14845 6598 2121 889 889 21990 21990 1500 1500 1315 1315 8516 6989 1527 53147 53147 7007 4414 1962 631 7861 7861 11294 10888 406 410 258 115 37 1135 715 318 102 4976 3732 1244 FEASABILITY STUDY 16625 16625 DUES & SUBSCRIPTIONS 6376 3188 3188 VEHICLE MAINTENANCE 1669 1052 467 150 TELEPHONE 1643 1035 460 148 289 212 58 19 534387 343585 131766 59036 72499 152138 240505 222818 653441 565377 4659 4843 43581 39541 2979 4040 120147 136382 292999 293231 1387229 1378829 15684 22180 8510 13374 24194 35554 X 1363035 1343275 1363035 1343275 1387229 1378829 -15233 -4527 0 X X 0 0 0 X 387827 427625 394705 1347298 508666 3066121 387827 427625 394705 1347298 508666 3066121 38035 3028086 7575 4360 1930 7781 10488 32134 3098255 0.97740 0.96670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43581 39541 4040 4040 CERTIFICATE OF DEPOSIT 293231 C 293231 ACCRUED VACATION 12586 AGENCY FUNDS 788 13374 X PART X, LINE 2: IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY THOSE THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE BENEFIT OF ANY UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED IN THE FINANCIAL STATEMENTS. ANY CHANGES IN THE AMOUNT OF A TAX POSITION ARE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. X 0 0 0 0 0 0 0 0 0 C MICHAEL SMITH PRESIDENT 150597 0 0 0 0 0 0 0 11925 0 162522 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING. COPIES OF THE 990 ARE THEN MADE AVAILABLE TO THE GOVERNING BODY UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND STAFF ARE EXPECTED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AT THE FIRST AVAILABLE OPPORTUNITY. THE CODE OF ETHICS AND CONFLICTS OF INTEREST POLICY ARE SIGNED BY BOARD MEMBERS AND STAFF ANNUALLY. IN THE EVENT OF AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE INTERESTED PARTY LEAVES THE MEETING AND THE REMAINING BOARD MEMBERS REVIEW, DISCUSS AND VOTE ON THE ARRANGEMENT. ALL PERTINENT INFORMATION REGARDING THE CONFLICT OF INTEREST IS NOTED IN THE MINUTES FOR THAT MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DELIBERATES AND DECIDES THE COMPENSATION OF THE PRESIDENT. AN EMPLOYMENT AGREEMENT IS ON FILE WHICH SETS FORTH A PERFORMANCE REVIEW AT THE END OF EACH FISCAL YEAR OF EMPLOYMENT AT WHICH TIME THERE MAY BE A SALARY ADJUSTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE BY-LAWS ARE AVAILABLE FROM THE ORGANIZATION'S WEBSITE. REQUESTS FOR OTHER GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST. FORM 990, PART XI, LINE 2C NO CHANGE IN THE OVERSIGHT OR SELECTION PROCESS.