2025-12-19T15:13:54-05:00 2025-06-30 561042836 GOULD KILLIAN CPA GROUP PA 100 COXE AVE ASHEVILLE NC 288012354 990 2024-07-01 815460810 RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION RUTH 8282876200 142 EAST MAIN ST STE 100 FOREST CITY NC 28043 BIRGIT DILGERT DIRECTOR 8282876200 2025-12-18 true false TRAVIS S KEEVER CPA P01292787 8282580363 2025-12-19 2024 2025-03-06 01:10:19Z BIRGIT DILGERT 142 EAST MAIN ST STE 100 FOREST CITY NC 28403 169843 false X X TO CULTIVATE ECONOMIC DEVELOPMENT OPPORTUNITIES FOR RUTHERFORD COUNTY. 6 6 0 0 167700 0 0 2721 2143 2721 169843 0 0 0 0 0 9097 23594 9097 23594 -6376 146249 601310 749072 1513 601310 747559 TO CULTIVATE ECONOMIC DEVELOPMENT OPPORTUNITIES FOR RUTHERFORD COUNTY. false false RECEIVES DONATIONS FROM LOCAL BUSINESSES AND USES THE DONATION TO FURTHER THE ECONOMY DEVELOPMENT AND INDUSTRY GROWTH IN RUTHERFORD COUNTY. 23594 THE ORGANIZATION PURCHASES AND MANAGES SHOVEL READY BUSINESS PARK PROPERTIES WITHIN THE COUNTY AS A MEANS TO CULTIVATE FURTHER ECONOMIC AND INDUSTRIAL GROWTH IN RUTHERFORD COUNTY. COSTS WITHIN THE BUSINESS PARK(S) ARE PAID BY THE ORGANIZATION AND A PORTION IS REIMBURSED BY OTHER BUSINESS PARK PROPERTY OWNERS THROUGH REGIME FEES. PROCEEDS FRPM SALE OF BUSINESS PARK PROPERTY IS REINVESTED AND USED TO CULTIVATE FURTHER ECONOMIC AND INDUSTRIAL DEVELOPMENT. 23594 true true false false false false false false false false false false false true 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 0 0 true 0 false false false false false false false false 6 6 false false false false false false false true true false false false false true true false false false X BIRGIT DILGERT 8282876200 142 EAST MAIN ST STE 100 FOREST CITY NC 28403 X MIKE GAVIN CHAIR 0.50 X 0 0 0 THAD HARRILL VICE CHAIR 0.50 X 0 0 0 TERRY HINES TREASURER 0.50 X 0 0 0 MARIA HUNNICUTT TREASURER 0.50 X 0 0 0 MIKE WALKER CHAIR 0.50 X 0 0 0 BIRGIT DILGERT DIRECTOR 10.00 X 0 0 0 false false false X 167700 167700 REGIME FEES 2143 2143 2143 169843 2143 BUSINESS PARK - DUE DILIG 16500 16500 BUSINESS PARK - MAINT. 6060 6060 BUSINESS PARK - UTILITIES 1034 1034 23594 23594 0 0 281655 429417 319655 319655 601310 749072 1513 0 1513 X 601310 747559 601310 747559 601310 749072 146249 X false true X X 97000 81300 167700 346000 65927 65310 55102 85057 86198 357594 162927 146610 55102 85057 253898 703594 89584 614010 703594 8963 0.87270 0.70150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED LAND - RIVERSTONE INDUSTRIAL PARK 235255 LAND DEVELOPMENT COSTS (DESIGN & PER 84400 319655 298390 128547 128547 169843 169843 61705 38111 38111 23594 23594 SCHEDULE D, PAGE 4, PART XI, LINE 2D CONSOLIDATION OF RUTHERFORD COUNTY EDA (DEEMED NON-SISTER) 128,547 SCHEDULE D, PAGE 4, PART XII, LINE 2D CONSOLIDATION OF RUTHERFORD COUNTY EDA (DEEMED NON-SISTER) 38,111 FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART VIII IN DECEMBER 2019, THE ASSOCIATION PURCHASED VARIOUS PARCELS OF LAND WITHIN THE RIVERSTONE BUSINESS PARK LOCATED IN RUTHERFORDTON, NORTH CAROLINA AT A COST OF 250,000. RIVERSTONE IS A SHOVEL-READY DEVELOPMENT IDEAL FOR HIGH QUALITY ADVANCED MANUFACTURING AND DISTRIBUTION OPPORTUNITIES. DURING THE FISCAL YEAR ENDING JUNE 30, 2022, THE ASSOCIATION SOLD PARCEL 1636892 FOR NET PROCEEDS OF 286,675. THE PARCEL HAD A BASIS OF 37,145. DURING THE FISCAL YEAR ENDED JUNE 30, 2024, THE ASSOCIATION EXPENDED FUND FOR LAND DESIGN AND 401/404 PERMITTING TOTALING 84,000. THESE COSTS WERE ADDED TO THE CAPITAL COST OF THE LAND DEVELOPMENT. AS OF JUNE 30, 2024, THE ASSOCIATION'S TOTAL LAND DEVELOPMENT AND PARCEL COSTS WAS 319,655.