Edenton-Chowan Community Foundation Inc is located in Edenton, NC. The organization was established in 1993. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edenton-Chowan Community 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 12/2022, Edenton-Chowan Community Foundation Inc generated $30.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $38.3k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL SCHOLARSHIP FOR COMMUNITY MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Bass President | 0 | $0 | |
Robert Turner Vice-Preside | 0 | $0 | |
Ted Bass Secretary | 0 | $0 | |
Gary Roth Treasurer | 0 | $0 | |
Allan Fredd Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,045 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,606 |
| Gain or Loss | $4,620 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,271 |
| 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 | $2,552 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,736 |
| Total expenses | $38,280 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $262,167 |
| Other assets | $0 |
| Total assets | $390,539 |
| Total liabilities | $0 |
| Net assets or fund balances | $390,539 |