Education And Research Consortium Of Western North Carolina

Organization Overview

Education And Research Consortium Of Western North Carolina is located in Asheville, NC. The organization was established in 1999. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Education And Research Consortium Of Western North Carolina employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education And Research Consortium Of Western North Carolina 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 12/2020, Education And Research Consortium Of Western North Carolina generated $7.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $5.1m during the year ending 12/2020. While expenses have increased by 6.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO FURTHER ECONOMIC DEVELOPMENT IN THE WESTERN CAROLINAS THROUGH EDUCATION, INFRASTRUCTURE AND CAPITAL DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ECONOMIC DEVELOPMENT ACHIEVEMENT THROUGH EDUCATION,CONSTRUCTING INFRASTRUCTURE AND CAPITAL DEVELOPMENT PROJECTS.


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Board, Officers & Key Employees

Name (title)Compensation
Hunter M Goosmann
Exec. Dir.
$138,502
Bradley J Cain
Cio/coo
$124,256
Don Cline
Member
$0
Dan G Lunsford
Chair
$0
John Connet
Member
$0
Troy Tolle
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lit Networks
Broadband
$156,029
Mc Communications
Broadband
$836,912
Cisco Systems
Equipment
$258,524
Country Cablevision
Broadband
$136,019
Cci Systems
Broadband
$108,589
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $236,030
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$236,030
Total Program Service Revenue$6,671,160
Investment income $21,441
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 $7,143,878

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Education And Research Consortium Of Western North Carolina has recieved totaling $174,429.

Awarding OrganizationAmount
$174,429
View Grant Recipient Profile

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