Nonprofit · EIN 56-1957642
WILKES ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · N WILKESBORO, NC 28659
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,500,987 | $722,111 | $778,876 | $5,922,683 | $27,681 | $5,895,002 |
| June 30, 2024 | 990 | $1,118,327 | $784,225 | $334,102 | $4,824,394 | $13,257 | $4,811,137 |
| June 30, 2023 | 990 | $1,430,166 | $560,880 | $869,286 | $4,481,472 | $4,439 | $4,477,033 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,262,161
- of which government grants
- $777,401
- Program service revenue
- $190,099
- Investment income
- $44,622
- Other revenue
- $4,105
Expenses
- Grants and similar amounts paid
- $40,427
- Compensation of officers, directors and key employees
- $292,222
- Salaries, compensation and benefits (total)
- $362,833
- Professional fundraising fees
- $0
- Accounting fees
- $19,764
- Occupancy
- $13,800
- Travel
- $3,543
- Depreciation
- $91,613
- Program services (functional)
- $566,006
- Management and general (functional)
- $106,682
- Fundraising (functional)
- $49,423
Balance sheet and other
- Total assets, start of year
- $4,824,394
- Total assets, end of year
- $5,922,683
- Total liabilities, end of year
- $27,681
- Net assets, end of year
- $5,895,002
- Land, buildings and equipment
- $3,356,621
- Net assets without donor restrictions
- $4,048,263
- Net assets with donor restrictions
- $1,846,739
- Gross receipts
- $1,500,987
- Employees
- 4
- 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 | Other / benefits |
|---|---|---|---|---|
| LEEANN NIXON | PRESIDENT Officer | 40 | $125,116 | $17,586 |
| ROBIN HAMBY | VICE PRESIDE Trustee or director, Officer | 40 | $90,731 | $15,867 |
| AMY BLAIR | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TERRY BUMGARNER | PAST CHAIR Trustee or director | 1 | $0 | $0 |
| BRETT COTHREN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOHN COTHREN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHNNY HARROLD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARC HAUSER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDDIE HOLLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DALE ISOM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE JOHNSTON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SHERRY LUCKEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LUKE MATHIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MCNEILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW PALMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOANN ROYAL | DIRECTOR Trustee or director | 1 | $0 |
| BILL SEXTON | DIRECTOR Trustee or director | 1 | $0 |
| CHARLIE SINK | DIRECTOR Trustee or director | 1 | $0 |
| CINDY THOMPSON | DIRECTOR Trustee or director | 1 | $0 |
| RON WILCOX | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEEANN NIXON | PRESIDENT Officer | 40 | $118,034 | $17,902 |
| ROBIN HAMBY | VICE PRESIDE Trustee or director, Officer | 40 | $82,293 | $16,115 |
| SHELMER BLACKBURN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMY BLAIR | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TERRY BUMGARNER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BRETT COTHREN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOHN COTHREN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEITH ELMORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RUSS FEREE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LESA HENSLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDDIE HOLLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DALE ISOM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE JOHNSTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LUKE MATHIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW PALMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL SEXTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANDRA SIMMONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CINDY THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON WILCOX | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEEANN NIXON | PRESIDENT Officer | 40 | $110,313 | $16,066 |
| ROBIN HAMBY | VICE PRESIDE Trustee or director, Officer | 40 | $76,909 | $14,395 |
| SHELMER BLACKBURN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMY BLAIR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TERRY BUMGARNER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOHN COTHERN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRETT COTHREN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEITH ELMORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RUSS FERREE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LESA HENSLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DALE ISOM | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOE JOHNSTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LUKE MATHIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW PALMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANDRA SIMMONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CINDY THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON WILCOX | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 213 9TH ST, N WILKESBORO, NC 28659-4103
- In care of
- % JOHN R CAPLINGER
- Principal officer (990 for 2024)
- LEEANN NIXON, 213 NINTH STREET, NORTH WILKESBORO, NC 28659
- Signed the 990
- LEEANN NIXON, PRESIDENT
- Phone
- (336) 838-1402
- Website
- WWW.WILKESEDC.COM
- Return prepared by
- BENSON BLEVINS & ASSOCIATES PLLC
Mission
ECONOMIC DEVELOPMENT OF WILKES COUNTY
Program accomplishments
- ACTING AS AN ADVISORY COUNCIL TO LOCAL GOVERNMENTAL AGENCIES AND BUSINESSES IN WILKES COUNTY, NC, WHERE RECOMMENDATIONS OF GOALS AND OBJECTIVES ARE GIVEN FOR FUTURE ECONOMIC DEVELOPMENT.Expenses $566,006
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
- 56-1957642
- 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
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $5,922,683
- Income (IRS master file)
- $1,500,987
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,500,987 | $722,111 | $5,922,683 | IRS |
| 990 | June 2024 | $1,118,327 | $784,225 | $4,824,394 | XML |
| 990 | June 2023 | $1,430,166 | $560,880 | $4,481,472 | XML |
| 990 | June 2022 | $2,586,920 | $445,733 | $3,607,748 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 56-1957642).
Questions about WILKES ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of WILKES ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of WILKES ECONOMIC DEVELOPMENT CORPORATION is 56-1957642.
- Is WILKES ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to WILKES ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WILKES 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 WILKES 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 WILKES 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 WILKES ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names LEEANN NIXON.
- Who are the officers and directors of WILKES ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 20 people; 2 received compensation from the organization, the highest $125,116 (LEEANN NIXON, PRESIDENT).
- How much revenue does WILKES ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,500,987, expenses of $722,111 and total assets of $5,922,683 at year end.
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All nonprofits in N WILKESBORO · North Carolina · Community improvement and capacity building