Nonprofit · EIN 56-1555859
IREDELL COUNTY ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · MOORESVILLE, NC 28115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,195,848 | $1,072,865 | $122,983 | $1,172,319 | $282,149 | $890,170 |
| June 30, 2024 | 990 | $1,121,564 | $1,015,367 | $106,197 | $1,087,744 | $320,557 | $767,187 |
| June 30, 2023 | 990 | $991,880 | $899,938 | $91,942 | $1,029,927 | $376,341 | $653,586 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $977,567
- of which government grants
- $757,080
- Program service revenue
- $155,000
- Investment income
- $21,838
- Net rental income
- $17,144
- Net gain from sales of assets
- -$25
- Other revenue
- $41,443
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $181,072
- Other salaries and wages
- $370,874
- Salaries, compensation and benefits (total)
- $740,534
- Professional fundraising fees
- $0
- Legal fees
- $20,526
- Occupancy
- $9,708
- Travel
- $18,794
- Depreciation
- $69,674
- Program services (functional)
- $968,118
- Management and general (functional)
- $104,747
Balance sheet and other
- Total assets, start of year
- $1,087,744
- Total assets, end of year
- $1,172,319
- Total liabilities, end of year
- $282,149
- Net assets, end of year
- $890,170
- Land, buildings and equipment
- $34,798
- Net assets without donor restrictions
- $890,170
- Gross receipts
- $1,195,873
- Employees
- 8
- Volunteers
- 0
- Year formed
- 1996
- 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 |
|---|---|---|---|
| JENN BOSSER | PRESIDENT Officer | 40 | $181,072 |
| MELISSA NEADER | BOARD MEMBER Trustee or director | 1 | $0 |
| BETH MILTON | BOARD MEMBER Trustee or director | 1 | $0 |
| TEROSS YOUNG | BOARD MEMBER Trustee or director | 1 | $0 |
| RON SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
| RON WYATT | BOARD MEMBER Trustee or director | 1 | $0 |
| JIM MARSHALL | BOARD MEMBER Trustee or director | 1 | $0 |
| BOB PALMES | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF CERNUTO | CHAIR Trustee or director, Officer | 2 | $0 |
| DAVID ALEXANDER | PAST-CHAIRMAN Trustee or director, Officer | 2 | $0 |
| BILL MCCOMBS | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| CHAD SANDERS | SECRATARY Trustee or director, Officer | 2 | $0 |
| TIM BREWER | BOARD MEMBER - NON VOTING Trustee or director | 1 | $0 |
| DOUG HENDRIX | BOARD MEMBER Trustee or director | 1 | $0 |
| TRACEY JEROME | BOARD MEMBER Trustee or director | 1 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIFFANY WEBBER | TREASURER Trustee or director, Officer | 2 | $0 |
| LAQUISHA PARKS | BOARD MEMBER Trustee or director | 1 | $0 |
| MARY KATHERINE LAW | BOARD MEMBER Trustee or director | 1 | $0 |
| ZACH GORDON | BOARD MEMBER Trustee or director | 1 | $0 |
| GRANT MILLER | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK HARTSLIEF | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVE MCGLOTHLIAN | BOARD MEMBER - NON VOTING Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENN BOSSER | PRESIDENT Officer | 40 | $165,908 |
| MELISSA NEADER | BOARD MEMBER Trustee or director | 1 | $0 |
| BETH MULL | BOARD MEMBER Trustee or director | 1 | $0 |
| COSTI KUTTEH | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS CARNEY | BOARD MEMBER Trustee or director | 1 | $0 |
| TEROSS YOUNG | BOARD MEMBER Trustee or director | 1 | $0 |
| RON SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
| RYAN RASE | BOARD MEMBER Trustee or director | 1 | $0 |
| RON WYATT | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVE DAILEY | BOARD MEMBER Trustee or director | 1 | $0 |
| JIM MARSHALL | BOARD MEMBER Trustee or director | 1 | $0 |
| MARIAN CLARK | BOARD MEMBER Trustee or director | 1 | $0 |
| BOB PALMES | PAST-CHAIRMAN Trustee or director | 1 | $0 |
| JEFF CERNUTO | VICE-CHAIR Trustee or director, Officer | 2 | $0 |
| DAVID ALEXANDER | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| PAUL COOK | BOARD MEMBER Trustee or director | 1 | $0 |
| BILL MCCOMBS | TREASURER Trustee or director, Officer | 2 | $0 |
| CHAD SANDERS | SECRATARY Trustee or director, Officer | 2 | $0 |
| JAMES MALLORY | BOARD MEMBER Trustee or director | 1 | $0 |
| TIM BREWER | BOARD MEMBER - NON VOTING Trustee or director | 1 | $0 |
| MARK BRADY | BOARD MEMBER - NON VOTING Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENN BOSSER | PRESIDENT Officer | 40 | $170,026 |
| MELISSA NEADER | BOARD MEMBER Trustee or director | 1 | $0 |
| BETH MULL | BOARD MEMBER Trustee or director | 1 | $0 |
| COSTI KUTTEH | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS CARNEY | BOARD MEMBER Trustee or director | 1 | $0 |
| TEROSS YOUNG | BOARD MEMBER Trustee or director | 1 | $0 |
| RON SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
| RYAN RASE | BOARD MEMBER Trustee or director | 1 | $0 |
| RON WYATT | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVE DAILEY | BOARD MEMBER Trustee or director | 1 | $0 |
| JIM MARSHALL | BOARD MEMBER Trustee or director | 1 | $0 |
| MARIAN CLARK | BOARD MEMBER Trustee or director | 1 | $0 |
| BOB PALMES | PAST-CHAIRMAN Trustee or director | 1 | $0 |
| JEFF CERNUTO | VICE-CHAIR Trustee or director, Officer | 2 | $0 |
| DAVID ALEXANDER | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| PAUL COOK | BOARD MEMBER Trustee or director | 1 | $0 |
| BILL MCCOMBS | TREASURER Trustee or director, Officer | 2 | $0 |
| CHAD SANDERS | SECRATARY Trustee or director, Officer | 2 | $0 |
| JAMES MALLORY | BOARD MEMBER Trustee or director | 1 | $0 |
| TIM BREWER | BOARD MEMBER - NON VOTING Trustee or director | 1 | $0 |
| MARK BRADY | BOARD MEMBER - NON VOTING Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 500 S MAIN ST STE 449, MOORESVILLE, NC 28115-3550
- Signed the 990
- TIFFANY WEBBER, TREASURER
- Phone
- (704) 663-1898
- Website
- WWW.IREDELLEDC.COM
- Return prepared by
- DMJPS PLLC
Mission
TO STIMULATE AND PROMOTE THE INDUSTRIAL AND COMMERCIAL DEVELOPMENT OF IREDELL COUNTY.
Program accomplishments
- THE ORGANIZATION PROVIDES SERVICS TO HELP ENCOURAGE AND FACILITATE THE ESTABLISHING, BUILDING, OPERATING, MAINTAINING AND EXPANDING OF NEW AND EXISTING BUSINESSES AND INDUSTRIES IREDELL COUNTY, NORTH CAROLINA. THE ORGANIZATION HELPED TO FACILITATE THE EXPANSION.Expenses $968,118
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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
- 56-1555859
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,172,319
- Income (IRS master file)
- $1,195,873
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,195,848 | $1,072,865 | $1,172,319 | XML |
| 990 | June 2024 | $1,121,564 | $1,015,367 | $1,087,744 | XML |
| 990 | June 2023 | $991,880 | $899,938 | $1,029,927 | XML |
| 990 | June 2022 | $959,388 | $797,572 | $980,582 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
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 56-1555859).
Questions about IREDELL COUNTY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of IREDELL COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of IREDELL COUNTY ECONOMIC DEVELOPMENT CORPORATION is 56-1555859.
- Is IREDELL COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1987.
- Are donations to IREDELL COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does IREDELL COUNTY ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IREDELL COUNTY ECONOMIC DEVELOPMENT CORPORATION 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 IREDELL COUNTY ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of IREDELL COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 22 people; 1 received compensation from the organization, the highest $181,072 (JENN BOSSER, PRESIDENT).
- How much revenue does IREDELL COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,195,848, expenses of $1,072,865 and total assets of $1,172,319 at year end.
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