Small Public Charity

Olive Hill Community Economic Development Corporation

Based in MORGANTON, NC, Olive Hill Community Economic Development Corporation operates as a Small Public Charity. The organization reported $130K in revenue, $81K in expenses, $77K in total assets for fiscal year 2024. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $373K.

EIN: 311639629 MORGANTON, NC Latest filing: 2024
Total Revenue$130K
Total Expenses$81K
Total Assets$77K
Grant Records9
Funding Total$373K
Filing Years2020–2024

Mission

Olive Hill Community Economic Development Corporation Inc. empowers low-to-moderate-income individuals across Burke Caldwell Catawba and McDowell Counties through housing counseling financial literacy disaster recovery and small business development. We support clients in achieving homeownership avoiding foreclosure building credit and growing microenterprises. In 2024 Olive Hill CEDC served up to 500 individuals through one-on-one counseling financial workshops and post-disaster housing recovery services following Tropical Storm Helene. Our work includes culturally responsive outreach small business and nonprofit support and equity-focused programs that promote economic mobility. We also host community engagement events and partner with local institutions to expand access to essential services.

Officers & Directors

Executive Director Beverly Carlton
Board Member Charlita Lytle
Treasurer Ebony Johnson Hill
Board Secretary Leslie Kern
Board Member Rev Anthony Ratcliff
Board President Winston Hill Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$308,392 7 grants
IMPACT GRANT
$39,400 1 grant
BUILDING COMMUNITY & ECONOMIC VITALITY
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $130K $81K $77K
2023 $124K $99K $82K
2022 $43K $152K $53K
2021 $214K $143K $159K
2020 $106K $71K $93K

Between 2020 and 2024, reported annual revenue grew from $106K to $130K (+23%), with total assets most recently reported at $77K.

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

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