Union County Economic Development Growth Enterprise Inc is located in Monroe, NC. The organization was established in 2006. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Union County Economic Development Growth Enterprise Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Union County Economic Development Growth Enterprise Inc generated $106.0k in total revenue. All expenses for the organization totaled $40.1k during the year ending 06/2023. While expenses have increased by 37.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PURSUED PROGRAMS TO GENERATE BUSINESS ACTIVITY FROM NEW BUSINESS RECRUITMENT
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Chris Plate' President & CEO | 0.25 | $0 | |
| Dr Rhett Brown Board Member | 0.1 | $0 | |
| Gene Robbins Chairman | 0.1 | $0 | |
| Ron Brown Vice-Chairman | 0.1 | $0 | |
| Michael Lutes Secretary/treasurer | 0.1 | $0 | |
| Jack Hargett Board Member | 0.1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 | 
| Total Program Service Revenue | $66,005 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $30,000 | 
| Total Revenue | $106,005 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $0 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $40,098 | 
| Total expenses | $40,098 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,503 | 
| Other assets | $0 | 
| Total assets | $128,322 | 
| Total liabilities | $7,925 | 
| Net assets or fund balances | $120,397 |