CSCharityScored
73

Albemarle Downtown Development Corp

Community Development · Albemarle, North Carolina

Po Box 2123, Albemarle, NC 28002-2123

EIN: 561683012· Founded: Feb 1992· 34 years active· Filing Year: 2023

Annual Revenue

$496K

Total Expenses

$528K

Total Assets

$668K

Program Spending

86%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

Not reported

Where the Money Goes

86%
Programs: 86%
Payroll: 0%
Other overhead: 14%
Program Revenue$453K (91%)
Total Expenses$528K (100%)
Overhead (non-program)14%

Trust Score Breakdown

Program Spending Ratio

86% of expenses go to programs

40%

Revenue & Stability

$496K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$668K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.