Mission
TO IMPROVE AND ENHANCE THE STANDARD OF LIVING OF THE PEOPLE OF NORTH CAROLINA BY PROMOTING SMALL BUSINESS DEVELOPMENT AND DEVELOPING AFFORDABLE HOUSING WITHIN ITS SERVICE AREA.
Public Charity
EAST CAROLINA COMMUNITY DEVELOPMENT INC
EAST CAROLINA COMMUNITY DEVELOPMENT INC, of BEAUFORT, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $6.0M in revenue, $6.7M in expenses, $21.8M in total assets. 4 publicly reported grants to this organization, totaling roughly $179K, appear in IRS filings.
EIN: 561909969
BEAUFORT, NC
Low-Income & Subsidized Rental Housing
NTEE: L21
Latest filing: 2025
Total Revenue$6.0M
Total Expenses$6.7M
Total Assets$21.8M
Grant Records4
Funding Total$179K
Filing Years2021–2025
Where $100 goes at East Carolina Community Development Inc
How East Carolina Community Development Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$97
Programs
the work itself
$3
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $97 for programs
$58
Investment corporations holding general partnership interests in affordable housing projects
$17
Constructing quality affordable housing for seniors and families, as well as developing a community service infrastructure to handle the growing needs of an expanding population base
$11
Development and ownership in rental operations of meadow's gate, LLC, an affordable housing project utilizing section 1602 tax credit exchange funds through nchfa
Plus 4 more programs. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL OPERATING SUPPORT, FOR CARTERET AND ONSLOW COUNTIES
$25,000
PARTNER SUSTAINABILITY GENERAL
$19,042
Charitable Support
$10,000
Develop affordable housing for families and senior citizens. Develop Family Life Center with facilities to minister to the entire family.This grant will support the Covenant Senior Housing development.
$125,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
CHAIRMAN
Brian Fike
DIRECTOR
Craig Wagner
SECRETARY/TREASURER
David Nateman
DIRECTOR
Ena Walker
CEO & PRESIDENT
Keith D Walker
INCOMING CFO
Kristen Hand
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $6.0M | $6.7M | $21.8M |
| 2024 | $4.7M | $5.9M | $37.6M |
| 2023 | $3.0M | $3.5M | $28.7M |
| 2022 | $2.2M | $2.6M | $21.1M |
| 2021 | $3.1M | $3.1M | $21.5M |
Between 2021 and 2025, reported annual revenue grew from $3.1M to $6.0M (+97%), with total assets most recently reported at $21.8M.
Interactive year-over-year charts and full filing details available with membership.