2025-08-04T10:10:54-05:00 2024-12-31 560587953 GILLIAM BELL MOSER LLP POST OFFICE BOX 621 BURLINGTON NC 272160621 990 2024-01-01 202384314 ALAMANCE COUNTY ECONOMIC DEVELOPMENT FOUNDATION ALAM 3362281338 PO BOX 450 BURLINGTON NC 27216 REAGAN C GURAL PRESIDENT 3362281338 2025-08-03 1 0 J BRADLEY MOSER P00024209 3362276283 2025-08-01 2024 2025-03-06 01:10:19Z REAGAN C GURAL PO BOX 450 BURLINGTON NC 27216 375751 0 X WWW.ALAMANCECHAMBER.COM X 2005 NC THE MISSION OF THE FOUNDATION IS TO ENHANCE THE WELFARE OF BUSINESS AND TO PROMOTE AND STIMULATE ECONOMIC VITALITY IN THE ALAMANCE COUNTY AREA FOR THE BENEFIT OF ITS MEMBERS AND THE COMMUNITY. 6 6 0 11 0 0 376530 334039 0 0 24207 41712 0 0 400737 375751 128546 98718 0 0 158036 168665 0 0 0 111720 103318 398302 370701 2435 5050 1454659 1482470 0 0 1454659 1482470 THE MISSION OF THE FOUNDATION IS TO ENHANCE THE WELFARE OF BUSINESS AND TO PROMOTE AND STIMULATE ECONOMIC VITALITY IN THE ALAMANCE COUNTY AREA FOR THE BENEFIT OF ITS MEMBERS AND THE COMMUNITY. 0 0 341064 98718 THE FOUNDATION'S ACTIVITIES SEEK TO INCREASE JOBS AND NEW INVESTMENT IN THE ALAMANCE COUNTY AREA AND TO ASSIST IN AND FACILITATE THE GROWTH OF JOBS AND INVESTMENT IN EXISTING INDUSTRY IN THE AREA THROUGH MARKETING, RESEARCH, AND PUBLIC/MEDIA RELATIONS. IN 2024, THE FOUNDATION AWARDED 7 GROWTH GRANTS AND 3 LAUNCH GRANTS, TOTALING $80,0000. 341064 1 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X REAGAN C GURAL 3362281338 PO BOX 450 BURLINGTON NC 27216 X REAGAN GURAL PRESIDENT 5.00 X 0 0 0 PATRICIA RHODES TREASURER 5.00 X X 0 0 0 DOUG HYMAN PAST CHAIR 5.00 X 0 0 0 ED HOOKS DIRECTOR 1.00 X 0 0 0 GRIFFIN MCCLURE CHAIR 5.00 X X 0 0 0 GREG LUNSFORD DIRECTOR 1.00 X 0 0 0 TED CHANDLER DIRECTOR 1.00 X 0 0 0 TOM MCGOWEN DIRECTOR - NON-VOTING 1.00 X 0 0 0 PATRICK NOLTEMEYER DIRECTOR 1.00 X 0 0 0 MARTA MOOS DIRECTOR 1.00 X 0 0 0 RYAN MOFFITT DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 334039 334039 41712 41712 375751 0 0 41712 98718 98718 130498 130498 6212 6212 21931 21931 10024 10024 3165 3165 966 483 483 380 380 1805 1805 3000 3000 285 285 FACILITY EXPENSES 38182 38182 APPRENTICE ALAMANCE/CAP 18889 18889 MEALS & ENTERTAINMENT 11874 11874 PROJECT EXPENSES 11346 11346 13426 1781 11645 370701 341064 29637 0 334633 91052 1119027 1390704 6964 6250 999 714 1454659 1482470 0 0 X 1423956 1434238 30703 48232 1454659 1482470 1454659 1482470 X 5050 22761 X 0 0 0 X 383935 415388 569400 376530 334039 2079292 383935 415388 569400 376530 334039 2079292 240000 340000 200000 225000 180000 1185000 0 240000 340000 200000 225000 180000 1185000 894292 7540 182 433 24207 41712 74074 7540 182 433 24207 41712 74074 391475 415570 569833 400737 375751 2153366 0.41530 0.39940 0.03440 0.02220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6964 6250 714 714 1 ALAMANCE COUNTY CHAMBER - TEACHER OF THE YEAR PO BOX 450 BURLINGTON NC 272160450 560156970 501(C)6 10000 0 TO REIMBURSE THE CHAMBER FOR EXCELLENCE IN EDUCATION TEACHER OF THE YEAR EXPENSES. CITYGATE DREAM CENTER 1423 N CHURCH STREET BURLINGTON NC 27217 10000 0 2024 GROWTH GRANT RECIPIENT MAKE NICE LLC 122 N MAIN STREET UNIT B BURLINGTON NC 27217 15000 0 2024 GROWTH GRANT RECIPIENT RAN-LEW DAIRY MILK COMPANY LLC 3978 LEWIS ROAD SNOW CAMP NC 27349 15000 0 2024 GROWTH GRANT RECIPIENT 64 HARVARD 116 WEST HARDEN STREET GRAHAM NC 27253 8000 0 2024 GROWTH GRANT RECIPIENT HAAND INC 413 TUCKER STREET BURLINGTON NC 27215 9000 0 2024 GROWTH GRANT RECIPIENT PART I, LINE 2: THE BOARD MEETS TO DISCUSS THE GRANTS AND DISCUSSES THE PARAMETERS FOR WHAT WILL BE IN AN OFFER LETTER. THE OFFER LETTER THEN SPELLS OUT ALL CONDITIONS AND METRICS THAT MUST BE MET WITH THE GRANT FUNDS PROVIDED BY THE FOUNDATION. THERE MUST BE EVIDENCE OF THE CONDITIONS AND METRICS BEING MET FOR THE GRANT TO BE PAID OUT. FORM 990, PART VI, SECTION B, LINE 11B THE CURRENT TREASURER REPORTS TO THE BOARD AT A REGULARLY SCHEDULED MEETING THAT THE FORM 990 IS READY FOR FILING AND IF ANYONE HAS ANY QUESTIONS, THEY WILL BE ADDRESSED AT THIS BOARD MEETING. THE BOARD THEN APPROVES THE FORM 990 AT THEIR NEXT MEETING. ONCE THE BOARD APPROVES, THE FORM 990 WILL BE FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH EMPLOYEE IS REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY DOCUMENT ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: RESTRICTED FUNDS - APPRENTICE ALAMANCE 17,761. RESTRICTED FUNDS - IMPACT GRANT 5,000.