Public nonprofit record
GARNER ECONOMIC DEVELOPMENT CORPORATION
EIN 80-0667463 · Economic Development (S30)
What they do
THE GEDC (GARNER ECONOMIC DEVELOPMENT CORPORATION) is AN ECONOMIC DEVELOPMENT NON-PROFIT ORGANIZATION THAT is DEDICATED to IMPROVING THE QUALITY of LIFE of ALL GARNER RESIDENTS THROUGH BUSINESS RECRUITMENT, SUPPORTING ENTREPRENEURSHIP and THE RETENTION of EXISTING EMPLOYERS. THE GEDC is LED BY A SIX-MEMBER BOARD of DIRECTORS. THE BOARD ADVISES THE TOWN COUNCIL and WORKS WITH LOCAL LEADERS to PROMOTE and FURTHER THE TOWN of GARNERS ECONOMIC DEVELOPMENT INTERESTS.
Money
Tax year 2024Financial picture
Revenue$192,785
Expenses$40,495
Assets$3,866,385
Income$196,587
Contributions$45,000
Grants given$880,000
Average grant$293,333
Management$23,160
Stocks and bonds$2,949,536
Accounting fees$9,627
Investing fees$10,927
About this charity
- Recognized since
- January 2025
- Location
- PO BOX 1956, GARNER, NC 27529
- County
- Wake
- In care of
- MEGAN PUMAREJO
- Primary officer
- MEGAN PUMAREJO, TREASURER
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- July 1, 2024
- Return type
- 990
- Tax preparer
- LANGDON & COMPANY LLP
- NTEE classification
- Economic Development (S30)
- IRS tax category
- Economic Development
- Grant-giving organization
- Yes
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 1
- Foundation
- 15
- Organization
- 1
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