Public Charity

MITCHELL COUNTY DEVELOPMENT FOUNDATION

MITCHELL COUNTY DEVELOPMENT FOUNDATION, of SPRUCE PINE, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.2M in revenue, $1.3M in expenses, $748K in total assets. 4 publicly reported grants to this organization, totaling roughly $67K, appear in IRS filings.

EIN: 562262436 SPRUCE PINE, NC Latest filing: 2025
Total Revenue$1.2M
Total Expenses$1.3M
Total Assets$748K
Grant Records4
Funding Total$67K
Filing Years2017–2025

Mission

TO PROMOTE IN THE ECONOMIC DEVELOPMENT OF LOCAL MITCHELL COUNTY COMMUNITIES

Officers & Directors

BOARD MEMBER Allen Cook
BOARD MEMBER Chad Calhoun
VICE PRESIDENT Charles Vines
BOARD MEMBER Chris Gentry
PRESIDENT Jeff Gouge
BOARD MEMBER Jeff Harding

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$25,000 1 grant
GENERAL OPERATING SUPPORT
$20,000 1 grant
For grant recipient's exempt purposes
$16,850 1 grant
2 grant(s) for varying purposes
$5,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.2M $1.3M $748K
2024 $202K $63K $912K
2017 $20K $42K $636K

Between 2017 and 2025, reported annual revenue grew from $20K to $1.2M (+5564%), with total assets most recently reported at $748K.

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

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