Pitt County Committee Of 100 Inc

Organization Overview

Pitt County Committee Of 100 Inc is located in Greenville, NC. The organization was established in 1996. 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. Pitt County Committee Of 100 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 06/2021, Pitt County Committee Of 100 Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 58.5% each year . All expenses for the organization totaled $1.2m during the year ending 06/2021. While expenses have increased by 50.0% 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.

Since 2015, Pitt County Committee Of 100 Inc has awarded 12 individual grants totaling $225,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SERVE THE PUBLIC OF PITT COUNTY, NC BY DIVERSIFYING PITT COUNTY'S ECONOMY THROUGH THE ATTRACTION OF NEW INDUSTRIES, EXPANSION OF EXISTING BUSINESSES, AND SUPPORT FOR START-UP ENTERPRISES THAT WILL BRING JOBS AND INVESTMENT TO OUR COMMUNITY; WILL ASSIST LOCAL GOVERNMENTAL AGENCIES IN FOSTERING ECONOMIC DEVELOPMENT TO PROMOTE OPPORTUNITY, COMBAT UNEMPLOYMENT, COMMUNITY DETERIORATION, AND JUVENILE DELINQUENCY; WILL WORK WITH LOCAL GOVERNMENT AND OTHER ORGANIZATIONS IN THE REGION TO ESTABLISH AND MAINTAIN A STRONG BUSINESS CLIMATE; PROVIDE MONETARY SUPPORT FROM THE PRIVATE/BUSINESS SECTOR TO ASSIST WITH BUSINESS AND INDUSTRY RECRUITMENT AND RETENTION; ENCOURAGE AND PROMOTE THE LOCATION AND OPERATION OF DIVERSIFIED BUSINESSES, INDUSTRIES, AND MANUFACTURING IN PITT COUNTY; ACT INDEPENDENTLY OR IN CONJUCTION WITH OTHER ORGANZATIONS IN THE PROMOTION AND DEVELOPMENT OF THE ECONOMIC AND GENERAL WELFARE AND BETTERMENT OF THE GENERAL PUBLIC; AND TO PROVIDE RELIEF TO THE POOR, UNEMPLOYED, AND UN

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENGAGE IN ECONOMIC DEVELOPMENT ACTIVITIES INCLUDING PROMOTING THE LOCATION AND OPERATION OF DIVERSIFIED BUSINESSES IN PITT COUNTY.


MAINTAINING LAND LOCATED IN INDIGREEN CORPORATE PARK THAT WAS PURCHASED TO BE SOLD AT A REDUCED PRICE OR OTHERWISE TRANSFERRED OR UTILIZED AS AN INCENTIVE TO ATTRACT POTENTIAL BUSINESSES TO THE INDUSTRIAL PARK OF PITT COUNTY, NC.


GRANTS TO MUNICIPALITIES AND OTHER ORGANIZATIONS IN PITT COUNTY, NC FOR ECONOMIC DEVELOPMENT INITIATIVES.


ENGAGE IN ECONOMIC DEVELOPMENT ACTIVITIES INCLUDING PROMOTING THE LOCATION AND OPERATION OF DIVERSIFIED BUSINESSES IN PITT COUNTY.


MAINTAINING LAND LOCATED IN INDIGREEN CORPORATE PARK THAT WAS PURCHASED TO BE SOLD AT A REDUCED PRICE OR OTHERWISE TRANSFERRED OR UTILIZED AS AN INCENTIVE TO ATTRACT POTENTIAL BUSINESSES TO THE INDUSTRIAL PARK OF PITT COUNTY, NC.


GRANTS TO MUNICIPALITIES AND OTHER ORGANIZATIONS IN PITT COUNTY, NC FOR ECONOMIC DEVELOPMENT INITIATIVES.


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Board, Officers & Key Employees

Name (title)Compensation
Steven Weathers
President & CEO
$163,703
Tom Kulikowski
Vice Chairman
$0
J Drake Brinkley
Secretary
$0
Michael Overton
Chairman
$0
Raymond Ulmer
Treasurer
$0
Don Mills
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,051,298
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$1,051,298
Total Program Service Revenue$480,691
Investment income $4,161
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 $1,536,150

Grants Awarded

Over the last fiscal year, Pitt County Committee Of 100 Inc has awarded $70,000 in support to 4 organizations.

Grant RecipientAmount

HC COMPOSITES LLC

PURPOSE: Workforce and Facilities

$25,000

HC COMPOSITES LLC

PURPOSE: Workforce and Facilities

$25,000

THE VILLAGE OF SIMPSON NC

PURPOSE: Road Improvements

$10,000

THE VILLAGE OF SIMPSON NC

PURPOSE: Road Improvements

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Pitt County Committee Of 100 Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Southern Bank Foundation

Mount Olive, NC

PURPOSE: DONATION

$10,000
View Grant Recipient Profile

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