Nonprofit · EIN 20-5920155
CARTERET COUNTY ECONOMICDEVELOPMENT FOUNDATION INC
Tax-exempt · MOREHEAD CITY, NC 28557
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $49,099 | $69,317 | -$20,218 | $134,276 | $0 | $134,276 |
| June 30, 2024 | 990 | $39,449 | $19,487 | $19,962 | $154,494 | $0 | $154,494 |
| June 30, 2023 | 990 | $38,607 | $20,661 | $17,946 | $134,603 | $71 | $134,532 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $20,191
- Program service revenue
- $26,509
- Investment income
- $1,992
- Other revenue
- $407
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $13,852
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,039
- Travel
- $7,188
- Program services (functional)
- $69,317
Balance sheet and other
- Total assets, start of year
- $154,494
- Total assets, end of year
- $134,276
- Total liabilities, end of year
- $0
- Net assets, end of year
- $134,276
- Net assets without donor restrictions
- $134,276
- Gross receipts
- $49,099
- Employees
- 0
- Volunteers
- 17
- Year formed
- 2005
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TABITHA ALLEN | TRUSTEE Trustee or director | – | $0 |
| SCOTT BAUER | TRUSTEE Trustee or director | – | $0 |
| JIM BROWDER | TRUSTEE Trustee or director | – | $0 |
| SHEREE HIGGINS | TRUSTEE Trustee or director | – | $0 |
| ROD KIRK | TRUSTEE Trustee or director | – | $0 |
| ERIN KNIGHT | TRUSTEE Trustee or director | – | $0 |
| JAYME LIMBAUGH | TRUSTEE Trustee or director | – | $0 |
| TRACY MANCINI | TRUSTEE Trustee or director | – | $0 |
| KYLE MAREK | TRUSTEE Trustee or director | – | $0 |
| BUBBA MCLEAN | TRUSTEE Trustee or director | – | $0 |
| HILTON O'NEAL | TRUSTEE Trustee or director | – | $0 |
| MATT SHORTWAY | CHAIR Trustee or director, Officer | – | $0 |
| LAUREN WARGO | TRUSTEE Trustee or director | – | $0 |
| STEVEN WRIGHT | TRUSTEE Trustee or director | – | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BROOKE CASH | SECRETARY Trustee or director, Officer | 1 | $0 |
| MICHELLE NOLIN | TREASURER Trustee or director, Officer | 1 | $0 |
| BRUCE SHELDON | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| MATT SHORTWAY | VICE CHAIRMA Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAKE JOPLIN | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| JOSH LYLES | VICE CHAIRMA Trustee or director, Officer | 1 | $0 |
| BRUCE SHELDON | SECRETARY Trustee or director, Officer | 1 | $0 |
| MATT SHORTWAY | TREASURER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3615 ARENDELL ST, MOREHEAD CITY, NC 28557-2906
- In care of
- % SHIRLEY POWELL
- Mailing address (990-N for 2016)
- 302 Courthouse Square, Beaufort NC 28516
- Principal officer (990 for 2024)
- MATT SHORTWAY, 210 TURNER ST, BEAUFORT, NC 28516
- Principal officer (990-N for 2016)
- Lockwood Phillips, 4206 Bridges Street, Morehead City NC 28557
- Signed the 990
- MATT SHORTWAY, CHAIR
- Phone
- (252) 648-7880
- Return prepared by
- BRADFORD H PINER CPA PA
Mission
THE ORGANIZATION'S MISSION IS TO PROVIDE SUPPORT FOR CARTERET COUNTY'S ECONOMIC AND COMMUNITY DEVELOPMENT THROUGH EDUCATIONAL AND CHARITABLE EFFORTS.
Program accomplishments
- TO PROVIDE CARTERET COUNTY WITH SUPPORT FOR ITS ECONOMIC AND COMMUNITY DEVELOPMENT.Expenses $69,317
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5920155
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $134,276
- Income (IRS master file)
- $49,099
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $49,099 | $69,317 | $134,276 | XML |
| 990 | June 2024 | $39,449 | $19,487 | $154,494 | XML |
| 990 | June 2023 | $38,607 | $20,661 | $134,603 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990-N for 2016 Officer: Lockwood Phillips | June 30, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5920155).
Questions about CARTERET COUNTY ECONOMICDEVELOPMENT FOUNDATION INC
- What is the EIN of CARTERET COUNTY ECONOMICDEVELOPMENT FOUNDATION INC?
- The employer identification number (EIN) of CARTERET COUNTY ECONOMICDEVELOPMENT FOUNDATION INC is 20-5920155.
- Is CARTERET COUNTY ECONOMICDEVELOPMENT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to CARTERET COUNTY ECONOMICDEVELOPMENT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CARTERET COUNTY ECONOMICDEVELOPMENT FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CARTERET COUNTY ECONOMICDEVELOPMENT FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CARTERET COUNTY ECONOMICDEVELOPMENT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CARTERET COUNTY ECONOMICDEVELOPMENT FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names MATT SHORTWAY.
- Who are the officers and directors of CARTERET COUNTY ECONOMICDEVELOPMENT FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does CARTERET COUNTY ECONOMICDEVELOPMENT FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $49,099, expenses of $69,317 and total assets of $134,276 at year end.
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All nonprofits in MOREHEAD CITY · North Carolina · Community improvement and capacity building