2025-07-22T12:56:19-05:00 2024-12-31 561220683 Potter & Company PA 106 Welton Way Mooresville NC 28117 990 2024-01-01 561572573 SOUTH IREDELL COMMUNITY DEVELOPMENT CORPORATION SOUT 7046623146 500 SOUTH MAIN STREET SUITE 449 MOORESVILLE NC 28115 Steve McGlothlin Treasurer 7046589261 2025-07-11 1 1 Robert W Taylor CPA P00030911 7046623146 2024 2025-03-06 01:10:19Z Steve McGlothlin 151 E Iredell Ave Mooresville NC 28115 35510 0 X N/A X 1984 NC Economic Development 15 15 0 0 31010 0 0 0 0 0 30141 31010 55200 4500 85341 35510 0 0 0 0 0 0 0 0 0 160989 163031 160989 163031 -75648 -127521 8711546 8584024 3185691 3185690 5525855 5398334 TO RENDER AID AND ENCOURAGEMENT IN THE INDUSTRIAL AND ECONOMIC DEVELOPMENT OF SOUTHERN IREDELL COUNTY, NC 0 0 130463 DEVELOPING AND PROMOTING BUSINESS AND INDUSTRIAL SITES AS A MEANS OF ATTRACTING NEW INDUSTRY AND FACILITATING GROWTH OF EXISTING BUSINESSES IN THE MOORESVILLE, NC AREA. 130463 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X Steve McGlothlin Treasurer 7046646922 151 E Iredell Ave Mooresville NC 28115 X Mark Brady President 0.00 X X 0 0 0 Abigail Jennings Vice President 0.00 X X 0 0 0 Steve McGlothlin Treasurer 0.00 X X 0 0 0 Bill Thunberg Secretary 0.00 X X 0 0 0 Chris Carney Board Member 0.00 X 0 0 0 Jenn Bosser Board Member 0.00 X 0 0 0 Tim Brewer Board Member 0.00 X 0 0 0 Meghan Caldwell Board Member 0.00 X 0 0 0 Tracey Jerome Board Member 0.00 X 0 0 0 Jeff McNeely Board Member 0.00 X 0 0 0 Beth Mull Board Member 0.00 X 0 0 0 Melissa Neader Board Member 0.00 X 0 0 0 David Alexander Board Member 0.00 X 0 0 0 William Ruff Board Member 0.00 X 0 0 0 Tiffany Webber Board Member 0.00 X 0 0 0 0 0 0 0 0 0 0 0 31010 31010 4500 0 4500 4500 4500 35510 4500 31010 0 3815 2249 1566 11850 11850 121 121 5308 4777 531 Property Taxes 81587 81587 Administrative Fees to 60000 30000 30000 Dues and Subscriptions 350 350 163031 130463 32568 0 1180316 822159 7531230 7761315 0 550 8711546 8584024 3185691 3185690 3185691 3185690 X 5525855 5398334 5525855 5398334 8711546 8584024 -127521 0 X X 0 1 X 1 0 0 X 35510 0 35510 0 35510 163031 0 163031 0 163031 Part X, Line 2: The Corporation has adopted the accounting requirements associated with uncertain tax positions and has evaluated its tax positions taken for all open tax years. Currently, the 2021, 2022 and 2023 tax years are open and subject to examination by the Internal Revenue Service and North Carolina Department of Revenue. However, the Corporation is not currently under audit nor has the Corporation been contacted by any of these jurisdictions. As of December 31, 2023, the Corporation had no uncertain tax positions, including non-member unrelated business income that qualify for either recognition or disclosure in the financial statements. Additionally, the Corporation has no interest and penalties related to income taxes. Mooresville-South Iredell Economic Development Corporation Performance of Administrative Services 60000 The South Iredell Community Development Corporation shares common board members with the Mooresville-South Iredell Economic Development Corporation, with which SICDC transacts to have administrative services performed at a cost of $5,000 per month. The agreement may be terminated by either party after a 90 day written notice. 0 Form 990, Part VI, Section B, line 11b THE DRAFT OF FORM 990 IS REVIEWED BY THE ORGANIZATIONS CHAIRMAN AND TREASURER PRIOR TO FILING Form 990, Part VI, Section B, line 12c THE ORGANIZATION FOLLOWS ITS BYLAWS AND FINANCIAL POLICIES ON A REGULAR BASIS Form 990, Part VI, Section B, line 15 THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES AND DOES NOT COMPENSATE ITS BOARD MEMBERS; HOWEVER, IT DOES CONTRACT WITH ANOTHER ORGANIZATION FOR ITS ADMINISTRATIVE WORK WHICH IS REVIEWED ANNUALLY. Form 990, Part VI, Section C, line 19 DOCUMENTS OF THE ORGANIZATION INCLUDING THE BYLAWS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FINANCIAL POLICY ARE AVAILABLE UPON REQUEST AT THE OFFICE LOCATED AT 151 E. IREDELL AVENUE, MOORESVILLE, NC. Form 990, Part XII, Line 2C There have been no changes with regard to neither the annual audit oversight process nor the independent accountant selection process.