Nonprofit · EIN 56-6093438
NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION
Tax-exempt · RALEIGH, NC 27622
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,261,342 | $1,250,794 | $10,548 | $601,863 | $0 | $601,863 |
| June 30, 2024 | 990 | $1,031,799 | $1,074,442 | -$42,643 | $591,315 | $0 | $591,315 |
| June 30, 2023 | 990 | $993,326 | $914,258 | $79,068 | $633,958 | $0 | $633,958 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,241,984
- Investment income
- $17,297
- Other revenue
- $2,061
Expenses
- Grants and similar amounts paid
- $114,798
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,170,406
- Management and general (functional)
- $80,388
Balance sheet and other
- Total assets, start of year
- $591,315
- Total assets, end of year
- $601,863
- Total liabilities, end of year
- $0
- Net assets, end of year
- $601,863
- Net assets without donor restrictions
- $601,863
- Gross receipts
- $1,261,342
- Employees
- 0
- Volunteers
- 150
- Year formed
- 1995
- 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 |
|---|---|---|---|
| JOANNA HELMS | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| GARY LANIER | PRESIDENT Trustee or director, Officer | 1 | $0 |
| BRITTANY BRADY | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| ANDRE LENNON | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| TREY CASH | DIRECTOR Trustee or director | 1 | $0 |
| CLARK DUNCAN | DIRECTOR Trustee or director | 1 | $0 |
| TIMOTHY DOWNS | DIRECTOR Trustee or director | 1 | $0 |
| NATE GROOVER | DIRECTOR Trustee or director | 1 | $0 |
| NATALIE HWKINS | DIRECTOR Trustee or director | 1 | $0 |
| MARVIN PRICE | DIRECTOR Trustee or director | 1 | $0 |
| TODD TUCKER | DIRECTOR Trustee or director | 1 | $0 |
| DAN WARRICK | DIRECTOR Trustee or director | 1 | $0 |
| JULIE PRUETT | DIRECTOR Trustee or director | 1 | $0 |
| LEE LILLY | EX-OFFICIO Trustee or director | 1 | $0 |
| RANDALL JOHNSON | EX-OFFICIO Trustee or director | 1 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER CHUNG | EX-OFFICIO Trustee or director | 1 | $0 |
| ALBERT ALWANG | EX-OFFICIO Trustee or director | 1 | $0 |
| LIZ DOBBINS-SMITH | EX-OFFICIO Trustee or director | 1 | $0 |
| KATHERINE THOMAS | EX-OFFICIO Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS PLATE | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOANNA HELMS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| GARY LANIER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RYAN NANCE | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| KELLY ANDREWS | DIRECTOR Trustee or director | 1 | $0 |
| TIMOTHY DOWNS | DIRECTOR Trustee or director | 1 | $0 |
| BRITTANY BRADY | DIRECTOR Trustee or director | 1 | $0 |
| CLARK DUNCAN | DIRECTOR Trustee or director | 1 | $0 |
| NATALIE HAWKINS | DIRECTOR Trustee or director | 1 | $0 |
| CARL REES | DIRECTOR Trustee or director | 1 | $0 |
| ANDRE LENNON | DIRECTOR Trustee or director | 1 | $0 |
| TODD TUCKER | DIRECTOR Trustee or director | 1 | $0 |
| JULIE PRUETT | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS CHUNG | EX-OFFICIO Trustee or director | 1 | $0 |
| THE HONORABLE MACHELLE SANDERS | EX-OFFICIO Trustee or director | 1 | $0 |
| PATRICIA MITCHELL | EX-OFFICIO Trustee or director | 1 | $0 |
| SCOTT HAMILTON | EX-OFFICIO Trustee or director | 1 | $0 |
| LIZ DOBBINS-SMITH | EX-OFFICIO Trustee or director | 1 | $0 |
| ELIZABETH UNDERWOOD | EX-OFFICIO Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN NELMS | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHRIS PLATE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOANNA HELMS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| GARY LANIER | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| JOSH HALLINGSE | DIRECTOR Trustee or director | 1 | $0 |
| CLARK DUNCAN | DIRECTOR Trustee or director | 1 | $0 |
| KELLY ANDREWS | DIRECTOR Trustee or director | 1 | $0 |
| ANDRE LENNON | DIRECTOR Trustee or director | 1 | $0 |
| JASON MCLEOD | DIRECTOR Trustee or director | 1 | $0 |
| BRITTANY BRADY | DIRECTOR Trustee or director | 1 | $0 |
| TODD TUCKER | DIRECTOR Trustee or director | 1 | $0 |
| RYAN NANCE | DIRECTOR Trustee or director | 1 | $0 |
| CARL REES | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS CHUNG | EX-OFFICIO Trustee or director | 1 | $0 |
| MACHELLE SANDERS | EX-OFFICIO Trustee or director | 1 | $0 |
| BLAKE MOYER | EX-OFFICIO Trustee or director | 1 | $0 |
| SCOTT HAMILTON | EX-OFFICIO Trustee or director | 1 | $0 |
| LIZ DOBBINS-SMITH | EX-OFFICIO Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 30934, RALEIGH, NC 27622-0934
- In care of
- % CAPSTRAT INC
- Principal officer (990 for 2024)
- GARY LANIER, PO BOX 30934, RALEIGH, NC 27622
- Signed the 990
- GARY LANIER, PRESIDENT
- Phone
- (888) 246-2332
- Website
- WWW.NCEDA.ORG
- Return prepared by
- DMJPS PLLC
Mission
MEMBERS OF NCEDA PROMOTE THE STATE AND THEIR AREAS AS PLACES FOR NEW ECONOMIC ACTIVITY. THE PURPOSES OF THE ASSOCIATION ARE TO: INCREASE THE EFFECTIVENESS OF ECONOMIC DEVELOPERS, PROMOTE ETHICAL PRACTICES, ACT AS A UNIFIED FORCE ON MATTERS AFFECTING ECONOMIC DEVELOPMENT.
Program accomplishments
- TO PROMOTE PROFESSIONALISM IN ECONOMIC DEVELOPMENT BY INCREASING THE EFFECTIVENESS OF ECONOMIC DEVELOPERS, PROMOTE ETHICAL PRACTICES AND ACTING AS A UNIFIED FORCE ON MATTERS AFFECTING ECONOMIC DEVELOPMENT. THERE WERE APPROXIMATELY 966 MEMBERS IN FISCAL YEAR 2025.Expenses $1,170,406 · revenue $1,126,984
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
- 56-6093438
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $601,863
- Income (IRS master file)
- $1,261,342
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,261,342 | $1,250,794 | $601,863 | IRS |
| 990 | June 2024 | $1,031,799 | $1,074,442 | $591,315 | IRS |
| 990 | June 2023 | $993,326 | $914,258 | $633,958 | XML |
| 990 | June 2022 | $1,000,858 | $858,736 | $554,890 | 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 56-6093438).
Questions about NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION
- What is the EIN of NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION?
- The employer identification number (EIN) of NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION is 56-6093438.
- Is NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1968.
- Are donations to NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION 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 NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION 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 NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION 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 NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION?
- The 990 for the year ended June 30, 2025 names GARY LANIER.
- Who are the officers and directors of NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION?
- The 990 for the year ended June 30, 2025 lists 19 people; 0 received compensation from the organization.
- How much revenue does NORTH CAROLINA ECONOMIC DEVELOPMENT ASSOCIATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,261,342, expenses of $1,250,794 and total assets of $601,863 at year end.
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