Person County Business & Industrial Center Inc

Organization Overview

Person County Business & Industrial Center Inc is located in Roxboro, NC. The organization was established in 1996. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Person County Business & Industrial Center 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 12/2021, Person County Business & Industrial Center Inc generated $9.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $92.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOPE AND MAINTAIN AN INDUSTRIAL AND BUSINESS RECRUITMENT PLAN FOR PERSON COUNTY, NC TO CREATE JOB OPPORTUNITIES & TAX VALUE WITHIN THE COUNTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES TO RECRUIT INDUSTRY TO PERSON COUNTY NORTH CAROLINA. THESE EFFORTS HAVE LOCATED NEW INDUSTRIES TO PERSON COUNTY & CREATED JOB OPPORTUNITIES IN THE AREA


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Board, Officers & Key Employees

Name (title)Compensation
Merilyn Newell
Director
$0
Phillip Allen
Director
$0
Dale Reynolds
Director
$0
Dan Craig
Treasurer
$0
Sherry Wilborn
Executive Director
$0
Brooks Lockhart
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$9,000
Investment income $68
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 $9,068

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