Public Charity

VALDESE ECONOMIC DEVELOPMENT INVEST CORPORATION

VALDESE ECONOMIC DEVELOPMENT INVEST CORPORATION is a nonprofit organization categorized as Public Charity based in VALDESE, NC. Its most recent IRS filing (2024) reports revenue of $358K, expenses of $220K, total assets of $3.9M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $40K.

EIN: 270301275 VALDESE, NC Latest filing: 2024
Total Revenue$358K
Total Expenses$220K
Total Assets$3.9M
Grant Records1
Funding Total$40K
Filing Years2020–2024

Mission

TO ENGAGE IN CHARITABLE AND EDUCATIONAL EFFORTS AND SPECIFICALLY SUPPORT ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT IN VALDESE NC AND BURKE COUNTY NC, THEREBY CREATING JOBS, INCREASING THE TAX BASE, AND IMPROVING QUALITY OF LIFE IN VALDESE NC AND BURKE COUNTY NC

Officers & Directors

BOARDMEMBER Clyde Mcswain
BOARDMEMBER Donna Zamora
BOARDMEMBER Jessica Bargsley
BOARDMEMBER John Branstrom
TREASURER Johnny Berry
BOARDMEMBER Karen Robinson

Officer compensation and complete director data available with membership.

Top Grant Purposes

EMERGENCY BUSINESS ASSISTANCE GRANT
$40,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $358K $220K $3.9M
2023 $288K $199K $3.4M
2022 $283K $146K $3.4M
2021 $336K $176K $3.4M
2020 $340K $235K $3.2M

Between 2020 and 2024, reported annual revenue grew from $340K to $358K (+5%), with total assets most recently reported at $3.9M.

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

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