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Filing year 2023

GARNER ECONOMIC DEVELOPMENT CORPORATION

Garner, North Carolina·EIN 80-0667463·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$197k
Total assets
$3.6M
Total expenses
$34k
Reported officers
6
Mission

THE GEDC (GARNER ECONOMIC DEVELOPMENT CORPORATION) IS AN ECONOMIC DEVELOPMENT NON-PROFIT ORGANIZATION THAT IS DEDICATED TO IMPROVING THE QUALITY OF LIFE OF ALL GARNER RESIDENTS THROUGH BUSINESS RECRUITMENT, SUPPORTING ENTREPRENEURSHIP AND THE RETENTION OF EXISTING EMPLOYERS. THE GEDC IS LED BY A SIX-MEMBER BOARD OF DIRECTORS. THE BOARD ADVISES THE TOWN COUNCIL AND WORKS WITH LOCAL LEADERS TO PROMOTE AND FURTHER THE TOWN OF GARNER'S ECONOMIC DEVELOPMENT INTERESTS.

Reported officers (all unpaid)

No paid executives reported in 2023. GARNER ECONOMIC DEVELOPMENT CORPORATION reported 6 unpaid officers and board members on its 990.

Chairman
Board Member
Board Member
Treasurer
Secretary
Board Member
Financial trend

Revenue and expenses over time

GARNER ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$101k
$30k
2022
$197k
$34k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in North Carolina

GARNER ECONOMIC DEVELOPMENT CORPORATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in North Carolina earns a median of $77,557.

25th percentile
$37k
Median
$77,557
75th percentile
$133k
90th percentile
$210k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 277 organizations across 277 filings (2021 – 2024).

See full Community Improvement & Capacity Building pay data for North Carolina
FAQ

Common questions about GARNER ECONOMIC DEVELOPMENT CORPORATION

What are GARNER ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, GARNER ECONOMIC DEVELOPMENT CORPORATION reported $197k in total revenue and $34k in total expenses on its IRS Form 990.

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