Centralina Economic Development Commission INC

Tax-deductible

Charlotte, NC501(c)(3)Community DevelopmentEIN 20-3344901

Maintain the regions fed. Economic dev. District.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-EZ
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $554 a year · under 1% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $421K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$181K
-4% vs prior year
Spent
$191K
To programs
97%
Net assets
$36K
By yearFY2021–FY2025
Revenue
$181K
FY2025▼ -4%
Revenue by fiscal year
FY2021$319K
FY2022$578K
FY2023$228K
FY2024$190K
FY2025$181K
Expenses
$191K
FY2025▼ -16%
Expenses by fiscal year
FY2021$312K
FY2022$574K
FY2023$227K
FY2024Not on file
FY2025$191K
Net assets
$36K
FY2025▼ -21%
Net assets by fiscal year
FY2021$41K
FY2022$44K
FY2023$45K
FY2024$45K
FY2025$36K

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $186K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

1 person listed on the 990-EZ.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
See Centralina Economic Development Commission INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Programs and updates

Manages the region's federal economic development district.

Provided by the organization

This section is blank until Centralina Economic Development Commission INC claims this page.

Know this organization? Claim it to add your story

3 program services account for $227K of program spending, described in the organization's own filed words · FY2022.
01

Centralina maintains the region's eda partnership planning grant, which required an update of the comprehensive economic development strategy, a locally-based and regionally-driven planning project that addresses improving the overall resilience and inclusivity of our region's people, places and economy.

$117Kprogram expense
02

Centralina economic development board provides economic development through regional resources and education for centralina's comprehensive economic development strategy for the nine county region.

$60Kprogram expense
03

Assist municipalities and county governments in updating their disaster recovery and resiliency plans as supported by the eda disaster relief coordinator grant funds. Pre-disaster recovery plans engage members of the whole community to develop recovery capabilities across governmental and resource partners to organize a framework for…

$51Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Cwi Works INCFY2021$421K
Total grants receivedfrom 1 funder$421K

By the numbers

The FY2025 990-EZ, line by line.

1The main four
Money in
$181K
Gifts and grants$102K
Other income$79K
Money out
$191K
Programs$186K
Owns and owes
$36K
net assets
Total assets$37K
Liabilities$2K
People
1
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$102K
Other income$79K
Total revenue$181K
Assets in detailEnd of year
Total assets$37K
Liabilities$2K
Net assets$36K
Operations
Employees0
Fiscal year endsJune

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $181K$191K−$9K$36K 990 PDF
FY2024 $190K$45K 990 PDF
FY2023 $228K$227K$937$45K 990 PDF
FY2022 $578K$574K$3K$44K 990 PDF
FY2021 $319K$312K$7K$41K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.