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Nonprofit · EIN 56-2045572

UPPER COASTAL PLAINS DEVELOPMENT CORPORATION

Tax-exempt · WILSON, NC 27894

Financials

$134K$185K2023$129K$232K2024
Revenue Expenses · by fiscal year end
Financials of UPPER COASTAL PLAINS DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$128,995$231,508-$102,513$675,305$165,098$510,207
June 30, 2024990$134,168$184,518-$50,350$819,139$167,964$651,175
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$128,995
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$133,697
Depreciation
$41,321
Program services (functional)
$231,508

Balance sheet and other

Total assets, start of year
$819,139
Total assets, end of year
$675,305
Total liabilities, end of year
$165,098
Net assets, end of year
$510,207
Land, buildings and equipment
$555,847
Net assets without donor restrictions
$510,207
Gross receipts
$128,995
Employees
0
Volunteers
0
Year formed
1998
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.

NameTitleHours / weekCompensationOther / benefits
Robert HiettCEO
Key employee
40$0$148,330
Kelly LancasterCFO
Key employee
40$0$95,951
Miranda BoykinPresident
Officer
0$0$0
Dia DentonVice President
Officer
0$0$0
James AustinSecretary/treasurer
Officer
0$0$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensationOther / benefits
Robert HiettCEO
Key employee
40$0$146,236
Kelly LancasterCFO
Key employee
0$0$92,893
Bobby JonesPresident
Officer
0$0$0
Miranda BoykinVice President
Officer
0$0$0
Dia DentonSecretary/treasurer
Officer
0$0$0

Address and contacts

Address (IRS master file)
PO BOX 9, WILSON, NC 27894-0009
In care of
% MARK HILL OR ROBERT HIETT
Principal officer (990 for 2024)
Robert Hiett, PO Box 9, Wilson, NC 27894
Signed the 990
Kelly Lancaster, CFO
Phone
(252) 479-2103

Mission

To incubate small business and promote small business growth in a 5 county region.

990 for the year ended June 30, 2025

Program accomplishments

  • THE PURPOSE OF THE BUSINESS DEVELOPMENT CENTER IS TO INCUBATE SMALL BUSINESS. THE CENTER HAS HELPED MANY COMPANIES TO OUTGROW THE CENTER. THERE ARE CURRENTLY TWENTY ONE TENANTS. THE CENTER EXPERIENCED HIGHER EXPENSES THAN NORMAL IN THE FISCAL YEAR DUE TO THE COSTS OF MAINTAINING AN AGING BUILDING, PARTICULARLY ELEVATORS AND HVAC UNITS.
    Expenses $231,508 · revenue $128,995
  • small business loan0

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-2045572
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$675,305
Income (IRS master file)
$128,995

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$128,995$231,508$675,305IRS
990June 2024$134,168$184,518$819,139XML
990June 2023$184,197$199,370$891,044IRS
990June 2022$110,926$130,296$1,011,742IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 56-2045572).

Questions about UPPER COASTAL PLAINS DEVELOPMENT CORPORATION

What is the EIN of UPPER COASTAL PLAINS DEVELOPMENT CORPORATION?
The employer identification number (EIN) of UPPER COASTAL PLAINS DEVELOPMENT CORPORATION is 56-2045572.
Is UPPER COASTAL PLAINS DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1998.
Are donations to UPPER COASTAL PLAINS DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does UPPER COASTAL PLAINS 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 UPPER COASTAL PLAINS 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 UPPER COASTAL PLAINS 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 UPPER COASTAL PLAINS DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names Robert Hiett.
Who are the officers and directors of UPPER COASTAL PLAINS DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does UPPER COASTAL PLAINS DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $128,995, expenses of $231,508 and total assets of $675,305 at year end.

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