Small Public Charity

SMITHFIELD SELMA CHAMBER ECONOMIC DEVELOPMENT FOUNDATION

SMITHFIELD SELMA CHAMBER ECONOMIC DEVELOPMENT FOUNDATION, of SMITHFIELD, NC, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $26K in revenue, $22K in expenses, $123K in total assets. 1 publicly reported grants to this organization, totaling roughly $15K, appear in IRS filings.

EIN: 272039206 SMITHFIELD, NC Latest filing: 2024
Total Revenue$26K
Total Expenses$22K
Total Assets$123K
Grant Records1
Funding Total$15K
Filing Years2020–2024

Mission

THE TRIANGLE EAST ECONOMIC DEVELOPMENT FOUNDATION WAS ESTABLISHED TO PROMOTE THE ECONOMIC WELL BEING OF THE TRIANGLE EAST REGION OF NORTH CAROLINA.THROUGH THE FOUNDATION WE CAN RAISE FUNDING TO HELP PROMOTE PROGRAMS AND PROJECTS THAT DEVELOP THE REGION INTO A NATIONALLY COMPETITIVE ,ECONOMICALLY DIVERSE, RELEVANT AND COLLABORTIVE COMMUNITY. THE FOUNDATION WAS FORMED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND ECONOMIC DEVELOPMENT FUNDRAISING TO SUPPORT CHAMBER AND COMMUNITY PROGRAMS.

Officers & Directors

BOARD MEMBER Bud Andrews
VICE-CHAIR Jim Jenkins
TREASURER John Scovil
BOARD MEMBER Karen Mills
RECORDING SE Kelly Wallace
BOARD MEMBER Kimberly Mitchell Mccullers

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $26K $22K $123K
2023 $48K $57K $118K
2022 $75K $73K $129K
2021 $34K $41K $127K
2020 $79K $81K $134K

Between 2020 and 2024, reported annual revenue declined from $79K to $26K (-67%), with total assets most recently reported at $123K.

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

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