Brunswick County Economic Development Foundation Inc

Organization Overview

Brunswick County Economic Development Foundation Inc is located in Leland, NC. The organization was established in 2015. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Brunswick County Economic Development Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brunswick County Economic Development Foundation 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 06/2022, Brunswick County Economic Development Foundation Inc generated $716.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.3% each year . All expenses for the organization totaled $709.8k during the year ending 06/2022. While expenses have increased by 42.6% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SERVICES SEEKING JOB CREATION AND ADVANCEMENT OF ECONOMIC DEVELOPMENT FOR JOBS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PUBLICITY OF THE POSTIVE LABOR FORCE ENVIORMENT AND AVAILABILITY OF REAL PROPERTY FOR BUSINESS DEVELOPMENT.


PUBLICITY OF THE POSTIVE LABOR FORCE ENVIORMENT AND AVAILABILITY OF REAL PROPERTY FOR BUSINESS DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Kris Ward
Chairman
$0
Allen Bryant
Secretary
$0
Evan B Gore
Treasurer
$0
Dennis Ewald
Vice Chairma
$0
Mike Forte
Board Member
$0
Perry Davis
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $575,000
All other contributions, gifts, grants, and similar amounts not included above$141,124
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$716,124
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $716,124

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Brunswick County Economic Development Foundation Inc has recieved totaling $500.

Awarding OrganizationAmount
The Duke Energy Foundation

Charlotte, NC

PURPOSE: MATCHING GIFTS

$500
View Grant Recipient Profile

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