CSCharityScored
34

Valdese Economic Development Investment Corporation

Community Development · Valdese, North Carolina

Po Box 1225, Valdese, NC 28690-1225

EIN: 270301275· Founded: Jul 2012· 14 years active· Filing Year: 2023

Annual Revenue

$288K

Total Expenses

$199K

Total Assets

$3.4M

Program Spending

5%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$104K

Total Payroll

$104K

52% of total expenses

Where the Money Goes

5%
Programs: 5%
Payroll: 52%
Other overhead: 95%
Program Revenue$9K (3%)
Total Expenses$199K (69%)
Payroll$104K (52%)
Overhead (non-program)95%

Trust Score Breakdown

Program Spending Ratio

5% of expenses go to programs

40%

Revenue & Stability

$288K annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$3.4M in assets

10%

Similar Community Development Nonprofits in North Carolina

Association Of International Certified Professional Accountants

Durham · $223.0M

90

The United Methodist Retirement Homes Inc

Durham · $95.0M

90
Compare these organizations →
View on ProPublica →View on GuideStar →More in North Carolina →

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