Small Public Charity

ALBEMARLE DEVELOPMENT CORPORATION

ALBEMARLE DEVELOPMENT CORPORATION, of HERTFORD, NC, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $68K in revenue, $23K in expenses. 16 publicly reported grants to this organization, totaling roughly $281K, appear in IRS filings.

EIN: 262495965 HERTFORD, NC Latest filing: 2025
Total Revenue$68K
Total Expenses$23K
Grant Records16
Funding Total$281K
Filing Years2024–2025

Mission

IMPROVE THE QUALITY OF LIFE FOR REGIONAL CITIZENS

Officers & Directors

CEO David Whitmer
CHAIR Robert Kirby
SECRETARY Tiffany White
VICE CHAIR Tim Corprew

Officer compensation and complete director data available with membership.

Top Grant Purposes

ENVIRONMENTAL PROGRAMS
$65,000 1 grant
MAINTAINING A FOCUS ON HEALTHCARE CAREERS
$60,000 1 grant
Meals on Wheels
$54,560 4 grants
HUMAN SERVICES
$41,599 5 grants
SEE PART IV
$23,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $68K $23K
2024 $97K $97K

Between 2024 and 2025, reported annual revenue declined from $97K to $68K (-30%).

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

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