Public Charity

ALAMANCE COUNTY ECONOMIC DEVELOPMENT FOUNDATION

ALAMANCE COUNTY ECONOMIC DEVELOPMENT FOUNDATION is a nonprofit organization categorized as Public Charity based in BURLINGTON, NC. Its most recent IRS filing (2024) reports revenue of $376K, expenses of $371K, total assets of $1.5M. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $103K.

EIN: 202384314 BURLINGTON, NC Latest filing: 2024
Total Revenue$376K
Total Expenses$371K
Total Assets$1.5M
Grant Records6
Funding Total$103K
Filing Years2019–2024

Mission

THE MISSION OF THE FOUNDATION IS TO ENHANCE THE WELFARE OF BUSINESS AND TO PROMOTE AND STIMULATE ECONOMIC VITALITY IN THE ALAMANCE COUNTY AREA FOR THE BENEFIT OF ITS MEMBERS AND THE COMMUNITY.

Officers & Directors

PAST CHAIR Doug Hyman
DIRECTOR Ed Hooks
DIRECTOR Greg Lunsford
CHAIR Griffin Mcclure
DIRECTOR Marta Moos
TREASURER Patricia Rhodes

Officer compensation and complete director data available with membership.

Top Grant Purposes

2018 INVEST IN ALAMANCE PLEDGE
$50,000 1 grant
CHARITABLE GIFT
$30,000 3 grants
GENERAL SUPPORT
$16,863 1 grant
PROGRAM ASSISTANCE
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $376K $371K $1.5M
2023 $401K $398K $1.5M
2022 $570K $473K $1.5M
2020 $391K $288K $1.3M
2019 $388K $283K $1.2M

Between 2019 and 2024, reported annual revenue declined from $388K to $376K (-3%), with total assets most recently reported at $1.5M.

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

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