2024-10-01T12:41:47-04:00 2024-06-30 271540228 ROBERT M PEGG CPA PLLC 3270 15TH ST NE HICKORY NC 28601 990 2023-07-01 460772243 CATAWBA COUNTY PROPERTY DEVELOPMENT CORP CATA 1960 13TH AVENUE DRIVE SE NUM B HICKORY NC 28602 SCOTT MILLAR PRESIDENT 8282671564 2024-10-14 true true ROBERT M PEGG P00008560 8283583227 2024-10-01 X 2023 2024-10-15 13:58:12Z SCOTT MILLAR 0 false X X 2012 NC THE PURPOSES OF THE CORPORATION ARE: ENGAGE IN CHARITABLE AND EDUCATIONAL EFFORTS AND SPECIFICALLY TO SUPPORT ECONOMIC DEVELOPMENT AND PROPERTY/COMMUNITY DEVELOPMENT IN CATAWBA COUNTY, NORTH CAROLINA (THE COUNTY), THEREBY LESSENING THE BURDENS OF LOCAL GOVERNMENT. 6 6 0 0 0 5000 0 0 -2916212 0 2916212 -4264 5000 -4264 0 0 0 0 0 2837 4264 2837 4264 2163 -8528 196839 192575 0 196839 192575 THE PURPOSES OF THE CORPORATION ARE: ENGAGE IN CHARITABLE AND EDUCATIONAL EFFORTS AND SPECIFICALLY TO SUPPORT ECONOMIC DEVELOPMENT AND PROPERTY/COMMUNITY DEVELOPMENT IN CATAWBA COUNTY, NORTH CAROLINA (THE COUNTY), THEREBY LESSENING THE BURDENS OF LOCAL GOVERNMENT. false false TO ESTABLISH A NEW INDUSTRIAL PARK THROUGH TRANSFERRING OPTIONS FOR THE LAND TO DEVELOP THE PARK BY TRIVIUM CORPORATE CENTER A NON PROFIT ORGANIZATION UNDER THE AUSPICES OF THE CITY OF HICKORY AND CATAWBA COUNTY THE PURPOSES OF THE CORPORATION ARE: ENGAGE IN CHARITABLE AND EDUCATIONAL EFFORTS AND SPECIFFICALLY TO SUPPORT ECONOMIC DEVELOPMENT AND PROPERTY/COMMUNITY DEVELOPMENT IN CATAWBA COUNTY, NORTH CAROLINA (THE COUNTY), THEREBY LESSENING THE BURDENS OF LOCAL GOVERNMENT. PURCHASE AND LEASE TO LENOIR RHYNE UNIV FOR NEW HEALTH SCIENCES PROGRAM FACILITY true false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 0 0 false 0 true false false false false false false false false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true false false true true false false NC X TIM BOLICK CATAWBA CO ECON DEV CORP 8282671564 PO BOX 3388 HICKORY NC 28603 X MICK BERRY BOARD OFFICER 0.00 0.00 X 0 0 0 HUNT SHUFORD SECRETARY 0.00 0.00 X 0 0 0 TIM BOLICK ASST SECTREASURER 0.00 0.00 X X 0 0 0 JOSEPH BEAMAN BOARD CHAIR 0.00 0.00 X X 0 0 0 SCOTT MILLAR PRESIDENT 1.00 40.00 X X 0 0 0 0 0 0 0 false false false 4264 -4264 -4264 SALE OF LAND 531390 -4264 -4264 0 0 995 995 104 104 INSURANCE- LIABILITY 3165 3165 4264 0 4264 0 4982 718 191857 191857 191857 196839 192575 0 0 X 196839 192575 196839 192575 196839 192575 -8528 4264 0 X false false false X 3188 4600 5000 12788 104177 18366 122543 104177 21554 4600 5000 135331 5481 129850 1 1 135332 0.95950 0.98270 X 191857 191857 191857 Form 990 governing body review Part VI line 11 FORM 990, PART VI, SECTION B, LINE 11:PRIOR TO FINALIZING THE TAX RETURN 990, A COPY OF THE 990 WAS SENT FOR REVIEW BY MEANS OF E-MAIL TO THE ALL BOARD OF DIRECTORS FOR COMMENT Conflict of interest policy compliance Part VI line 12c FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST POLICY:THE BOARDS OFFICERS, WHO ARE THE ONLY WHOLLY ACTIVE INDIVIDUALS IN THE ORGANIZATION, FOLLOW THE CONFLICT OF INTEREST POLICY SET FOURTH IN THE BY LAWS ESTABLISHED FROM THE CONCEPTION DATE OF THE ORGANIZATION.FORM 990. CEO executive director top management comp Part VI line 15a FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATIONOFFICERS ARE NOT COMPENSATED AS NOTED IN ARTICLE 5 SECTION K. OF THE BYLAWS OF THE ORGANIZATION. Other officer or key employee compensation Part VI line 15b FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATIONOFFICERS ARE NOT COMPENSATED AS NOTED IN ARTICLE 5 SECTION K. OF THE BYLAWS OF THE ORGANIZATION. Governing documents etc available to public Part VI line 19 FORM 990, PART VI, SECTION C, LINE 19:THIS INFORMATION IS AVAILABLE ON GUIDE STAR SITE, AND IN THE OFFICE IN ELECTRONIC FORMAT UPON REQUEST. Significant program services not listed on prior year return Part III line 2 THE CATAWBA CO PROPERTY DEVELOPMENT CORP HAS ENTERED INTO A PROJECT TO ASSIST LENOIR RHYNE UNIVERSITY PURCHASE A BLDG FOR THE PURPOSE OF CREATING A HEALTH SCIENCES PROGRAM. THE COLLABORATION WILL INCREASE THE REGIONS MEDICAL ACCESS BY PROVIDING PHYSICIANS ASSISTANTS AND OTHER HEALTH SCIENCES PROFESSIONALS TO BE CULTIVATED OVER TIME BY THE ESTABLISHMENT OF THE PROGRAM. TO ACCOMPLISH THIS PURPOSE THE CCPDC HAS RECEIVED GRANTS FROM THE FOLLOWING ENTITIES:CATAWBA COUNTY $100,000CITY OF HICKORY $100,000CATAWBA CO ECON DEV $60,000CATAWBA VALLEY MED CENTER $45,000FRYE REG MED CENTER $45,000LENOIR RHYNE UNIV WILL LEASE THE BLDG FOR A PERIOD OF 5 YEARS THROUGH JAN 5, 2020(EXTENDED TO SEPT 5, 2020), TOTAL COST OF THE PREMISES WAS $700,000. Cessation of or significant change to any program service Part III line 3 THE ACQUISITION OF THE LENOIR RHYNE UNIVERSITY HEALTH SERVICES BLDG WAS COMPLETED AND THE BLDG TRANSFERRED TO LENOIR RHYNE UNIVERSITY. Explanation of other changes in net assets or fund balances Part XI line 9 LAND SOLD AND PROCEEDS DISTRIBUTED TO CATAWBA COUNTY AND VARIOUS MUNICIPALITIESDISTRIBUTION OF PROCEEDS FROM SALE OF LAND TO CATAWBA COUNTY AND MUNICIPALITIES WITHIN COUNTYCATAWBA COUNTY 1,662,241TOWN OF CATAWBA 29,162TOWN OF MAIDEN 145,811CITY OF CONOVER 524,918CATAWBA COUNTY 554,080 CATAWBA CO ECONOMIC DEVELOPMENT PO BOX 3388 HICKORY NC 28603 561195680 ECONOMIC DEVELOPMENT NC 501C3 N/A false