Nonprofit · EIN 56-1783235
ANSON ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt (reinstated) · WADESBORO, NC 28170
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $952,157 | $241,852 | $710,305 | $10,894,083 | $200,506 | $10,693,577 |
| June 30, 2024 | 990 | $2,118,049 | $439,521 | $1,678,528 | $9,420,255 | $6,634,677 | $2,785,578 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $683,366
- of which government grants
- $682,366
- Program service revenue
- $0
- Investment income
- $268,791
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $102,500
- Salaries, compensation and benefits (total)
- $120,750
- Professional fundraising fees
- $0
- Accounting fees
- $13,750
- Occupancy
- $28,350
- Travel
- $3,650
- Depreciation
- $2,534
- Program services (functional)
- $86,730
- Management and general (functional)
- $155,122
Balance sheet and other
- Total assets, start of year
- $9,420,255
- Total assets, end of year
- $10,894,083
- Total liabilities, end of year
- $200,506
- Net assets, end of year
- $10,693,577
- Land, buildings and equipment
- $1,390
- Net assets without donor restrictions
- $10,383,545
- Net assets with donor restrictions
- $310,032
- Gross receipts
- $952,157
- Employees
- 1
- Volunteers
- 19
- Year formed
- 1992
- 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 |
|---|---|---|---|
| RANDY COLLINS | EXECUTIVE DI Highest-paid employee | 40 | $102,500 |
| MICHELLE BROCK | TREASURER Trustee or director, Officer | 2 | $0 |
| ASHLEY CARTER | CHAIR Trustee or director, Officer | 3 | $0 |
| CHUCK HORNE | VICE-CHAIR/P Trustee or director, Officer | 2 | $0 |
| DONALD SCARBOROUGH | DIRECTOR Trustee or director | 2 | $0 |
| JARVIS WOODBURN | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHELLE BROCK | TREASURER Trustee or director, Officer | 2 | $0 |
| CHUCK HORNE | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| JANINE RYWAK | DIRECTOR Trustee or director | 2 | $0 |
| DONALD SCARBOROUGH | PAST CHAIRMA Trustee or director | 2 | $0 |
| DONNIE SPIVEY | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| JARVIS WOODBURN | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1170, WADESBORO, NC 28170-1170
- Mailing address (990-N for 2013)
- 209 E WADE ST, WADESBORO NC 28170
- Principal officer (990 for 2024)
- ASHLEY CARTER, 202 E WADE STREET, WADESBORO, NC 28170
- Principal officer (990-N for 2013)
- DANA MANESS, PO BOX 1381, WADESBORO NC 28170
- Signed the 990
- MICHELLE BROCK, TREASURER
- Phone
- (704) 690-6070
- Website
- WWW.ANSONEDC.COM
- Return prepared by
- TYSON CHILDRESS PLLC
Mission
TO PROMOTE ECONOMIC DEVELOPMENT IN ANSON COUNTY, NORTH CAROLINA
Program accomplishments
- BUSINESS RECRUITMENT FOR ANSON COUNTY, NORTH CAROLINAExpenses $86,730 · revenue $683,366
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
- 56-1783235
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $10,894,083
- Income (IRS master file)
- $952,157
Revocation and reinstatement
- Exemption revoked
- August 15, 2018
- Posted by the IRS
- November 12, 2018
- Reinstated
- Effective August 15, 2018
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $952,157 | $241,852 | $10,894,083 | IRS |
| 990 | June 2024 | $2,118,049 | $439,521 | $9,420,255 | XML |
| 990-N for 2013 Officer: DANA MANESS | March 31, 2014 | ≤ $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 56-1783235).
Questions about ANSON ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of ANSON ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of ANSON ECONOMIC DEVELOPMENT CORPORATION is 56-1783235.
- Is ANSON ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on August 15, 2018 and reinstated it effective August 15, 2018.
- Are donations to ANSON ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ANSON 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 ANSON 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 ANSON 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 is the principal officer of ANSON ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names ASHLEY CARTER.
- Who are the officers and directors of ANSON ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $102,500 (RANDY COLLINS, EXECUTIVE DI).
- How much revenue does ANSON ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $952,157, expenses of $241,852 and total assets of $10,894,083 at year end.
Other nonprofits in WADESBORO
- NORTH CAROLINA ELECTRICAL INSPECTORS ASSOCIATION INC EIN 82-1348302 · last filed 990-EZ for 2025
- UPTOWN WADESBORO INC EIN 56-2033947 · last filed 990-N for 2025
- ANSON REGIONAL MEDICAL SERVICES INC EIN 56-1768044 · last filed 990 for 2025
- ANSON COUNTY PARTNERSHIP FOR CHILDREN EIN 56-1987729 · last filed 990 for 2025
- FEED MY LAMBS INC EIN 56-2158694 · last filed 990 for 2025
- TABERNACLE OF THE CONGREGATION INTERDENOMINATIONAL FELLOWSHIP INC EIN 45-3563731 · last filed 990 for 2024
- ANSON DOMESTIC VIOLENCE COALITION INC EIN 56-2080678 · last filed 990 for 2025
- GULLEDGE VOLUNTEER FIRE DEPARTMENT INC EIN 56-1382294 · last filed 990 for 2025
All nonprofits in WADESBORO · North Carolina · Community improvement and capacity building