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ALEXANDER COUNTY ECONOMIC DEVELOPMENT CORPORATION

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Public IRS 990 nonprofit record

ALEXANDER COUNTY ECONOMIC DEVELOPMENT CORPORATION

EIN 20-4238865 · Economic Development (S30)

What they do

to SUPPORT ECONOMIC and COMMUNITY DEVELOPMENT IN ALEXANDER COUNTY, PROMOTING JOBS, INCREASING THE TAX BASIS and IMPROVING THE QUALITY of LIFE.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$201.75spent for every $100 of revenueSpending was higher than revenue this year.
$17.30of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
93.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $54,322 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$53,388
Expenses$107,710
Annual shortfall $54,322 Expenses were higher than revenue for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$18,659 · 17.3% of expenses
Grants paid$655,141 · 608.2% of expenses
This source amount exceeds total expenses; compare the filing details carefully.
See all reported dollar amounts
Revenue$53,388
Expenses$107,710
Income$144,114
Contributions$50,000
Grants given$655,141
Average grant$36,397
Management and general$18,659
Accounting fees$8,150
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (6)

ANDREW JACKSONSECRETARY/TREASURER

CARRIE LACKEYBOARD MEMBER

MARISSA COOPER-WINSTEADBOARD MEMBER

ROD WATTSCHAIRMAN/TREASURER

RYAN MAYBERRYCHAIRMAN/TREASURER

TIM LITTLEVICE CHAIRMAN

About this charity

Recognized since
December 2006
Location
621 LILEDOUN ROAD, TAYLORSVILLE, NC 286812499
County
Alexander
In care of
RYAN MAYBERRY
Primary officer
RYAN MAYBERRY, BOARD CHAIRMAN

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
MARTIN STARNES & ASSOCIATES CPAS PA
NTEE classification
Economic Development (S30)
IRS tax category
Economic Development
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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