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 2025 filing shows $91K in revenue, $25K in expenses, $189K in total assets. 1 publicly reported grants to this organization, totaling roughly $15K, appear in IRS filings.

EIN: 272039206 SMITHFIELD, NC Community & Neighborhood Development NTEE: S20 Latest filing: 2025
Total Revenue$91K
Total Expenses$25K
Total Assets$189K
Grant Records1
Funding Total$15K
Filing Years2021–2025

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

VICE-CHAIR Jim Jenkins
PRESIDENT Kelly Wallace
TREASURER Lee Byrd
BOARD CHAIR Mark Mcdonnell
SECRETARY Susan Lassiter

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $91K $25K $189K
2024 $26K $22K $123K
2023 $48K $57K $118K
2022 $75K $73K $129K
2021 $34K $41K $127K

Between 2021 and 2025, reported annual revenue grew from $34K to $91K (+171%), with total assets most recently reported at $189K.

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

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