CSCharityScored
44

Downtown Statesville Development Corporation

Community Development · Statesville, North Carolina

Po Box 205, Statesville, NC 28687-0205

EIN: 561371833· Founded: Aug 1985· 41 years active· Filing Year: 2023

Annual Revenue

$333K

Total Expenses

$310K

Total Assets

$325K

Program Spending

47%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$104K

33.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$11K

Total Payroll

$115K

37% of total expenses

Where the Money Goes

47%
Programs: 47%
Payroll: 37%
Other overhead: 53%
Program Revenue$146K (44%)
Total Expenses$310K (93%)
Payroll$115K (37%)
Overhead (non-program)53%

Trust Score Breakdown

Program Spending Ratio

47% of expenses go to programs

40%

Revenue & Stability

$333K annual revenue

15%

Executive Compensation

$104K total officer comp (33.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$325K 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.