Program areas at Wilmington Business Development
Wbd actively engages in ally, investor and partnership Development, outreach and education that effectively promote and improve the region, its economic assests, Business interests and quality-of-life. Key initiatives are ally, investor and partnership Development and outreach and education.
Wbd aggressively deploys outreach tools in showcasing greater Wilmington as a destination for high-quality economic investors. Key initiatives are market intelligence, lead generation & client Development, project management & technical assistance, and involvement of public partners.
Wbd endeavors to support existing businesses of greater Wilmington and the jobs they represent. Key initiatives are feedback & intelligence gathering, location service delivery, and resource Development and coordination.
Personnel at Wilmington Business Development
| Name | Title | Compensation | Date of data |
|---|
| R Scott Satterfield | Chief Executive Officer | $482,347 | 2023-12-22 |
| Bill King | Director | $0 | 2023-06-30 |
| Cliff Pyron | Director of Business Development | $169,167 | 2023-06-30 |
| Sabrina Stephens | Vice Chairman | $0 | 2019-06-30 |
| Dickson McLean | Chairman | $0 | 2018-06-30 |
| ...and 1 more key personnel |
Financials for Wilmington Business Development
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $94,163 | -100% |
| Program services | $1,548,203 | $1,207,976 | 28.2% |
| Investment income and dividends | $11,327 | $3,114 | 263.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $-55,480 | $36,818 | -250.7% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,504,050 | $1,342,071 | 12.1% |
Organizations like Wilmington Business Development
| Organization | Type | Location | Revenue |
|---|
| Aspire Johnson County | 501(c)(6) | Greenwood, IN | $833,931 |
| Economic Development Council of St Lucie County | 501(c)(6) | Port Saint Lucie, FL | $1,171,170 |
| York County Economic Alliance | 501(c)(6) | York, PA | $3,563,396 |
| Business Development Board of Palm Beach County (BDB) | 501(c)(6) | West Palm Beach, FL | $3,393,134 |
| Ashland Alliance Corporation | 501(c)(6) | Ashland, KY | $464,467 |
| Forward Janesville | 501(c)(6) | Janesville, WI | $685,760 |
| Rockford Local Development Corporation (RLDC) | 501(c)(6) | Rockford, IL | $1,498,474 |
| Central Minnesota Development Company | 501(c)(6) | Andover, MN | $1,198,809 |
| Utah Certified Development Company | 501(c)(6) | Ogden, UT | $2,629,750 |
| Montana Business Assistance Connection | 501(c)(6) | Helena, MT | $1,856,589 |
Data update history
July 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 6, 2023
Updated personnel
Identified 3 new personnel
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 4, 2021
Posted financials
Added Form 990 for fiscal year 2020
September 23, 2021
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Economic developmentBusiness and industry
Characteristics
MembershipsFundraising eventsState / local levelFundraising races, competitions, and tournaments
General information
- Address
- PO Box 1698
- Wilmington, NC 28402
- Metro area
- Wilmington, NC
- County
- New Hanover County, NC
- Website URL
- wilmingtonbusinessdevelopment.com/Â
- Phone
- (910) 763-8414
IRS details
- EIN
- 56-0636999
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1960
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S43: Management Services for Small Business, Entrepreneurs
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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