Public Charity

GARNER ECONOMIC DEVELOPMENT CORPORATION

Based in GARNER, NC, GARNER ECONOMIC DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $193K in revenue, $40K in expenses, $3.9M in total assets for fiscal year 2025. Imperigo tracks 3 reported grants from this foundation totaling approximately $880K.

EIN: 800667463 GARNER, NC Latest filing: 2025
Total Revenue$193K
Total Expenses$40K
Total Assets$3.9M
Grants Given3
Grant Total$880K
Filing Years2021–2025

Mission

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 GARNER'S ECONOMIC DEVELOPMENT INTERESTS.

Sample Grants Given

TOWN OF GARNER
GARNER, NC · 2021
LAND DONATION
$629,000
TOWN OF GARNER
GARNER, NC · 2021
CASH DONATION
$1,000
WAKE TECH FOUNDATION
RALEIGH, NC · 2020
SCHOLARSHIP ENDOWMENT
$250,000

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

SECRETARY Bill Moyer
BOARD MEMBER Buck Kennedy
BOARD MEMBER Elmo Vance
CHAIRMAN Jeff Swain
BOARD MEMBER Kevin Payne
TREASURER Megan Pumarejo

Officer compensation and complete director data available with membership.

Top Grant Purposes

LAND DONATION
$629,000 1 grant
SCHOLARSHIP ENDOWMENT
$250,000 1 grant
CASH DONATION
$1,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $193K $40K $3.9M
2024 $197K $34K $3.6M
2023 $101K $30K $3.4M
2022 $716K $690K $3.3M
2021 $365K $275K $3.5M

Between 2021 and 2025, reported annual revenue declined from $365K to $193K (-47%), with total assets most recently reported at $3.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NC.

NC

Full geographic grant map with state-by-state breakdown available with membership.

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