Southeastern Partnership Inc

Organization Overview

Southeastern Partnership Inc is located in Elizabethtown, NC. The organization was established in 1995. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Southeastern Partnership Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeastern Partnership Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 06/2022, Southeastern Partnership Inc generated $773.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $820.2k during the year ending 06/2022. While expenses have increased by 4.0% 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

ATTRACT AND IMPROVE INDUSTRY IN THE REGION

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTION OF THE REGION - SOUTHEASTERN NORTH CAROLINA


PROMOTION OF THE REGION - SOUTHEASTERN NORTH CAROLINA


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $389,950
All other contributions, gifts, grants, and similar amounts not included above$373,394
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$763,344
Total Program Service Revenue$8,678
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 $773,155

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Southeastern Partnership Inc has recieved totaling $20,000.

Awarding OrganizationAmount
North Carolina Electric Membership Corporation

Raleigh, NC

PURPOSE: ECONOMIC DEVELOPMENT ASSISTANCE

$15,000
Southern Bank Foundation

Mount Olive, NC

PURPOSE: DONATION

$5,000
View Grant Recipient Profile

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