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EIN 81-0801545

Fayetteville Cumberland County Economic Development Corporation

IRS 501(c) type
501(c)(6)
Num. employees
10
City
Fayetteville
State
North Carolina
Year formed
2015
Most recent tax filings
2022-06-01
NTEE code, primary
S30: Economic Development
Description
The Fayetteville Cumberland County Economic Development Corporation was formed in December 2015 to engage in economic development activities intended to reduce the burden on government by increasing the tax base of the community and create new jobs in the City of Fayetteville and Cumberland County. To engage in economic development activities intended to reduce the burden on government by increasing the tax base of the community and create new jobs in the City of Fayetteville and Cumberland County.
Total revenues
$1,073,229
2022
Total expenses
$1,011,972
2022
Total assets
$1,237,847
2022
Num. employees
10
2022

Program areas at Fayetteville Cumberland County Economic Development Corporation

The organization works to attract new businesses and industries to the area thus increasing the tax base and creating new jobs.
The organization works with existing businesses and industry in Cumberland County to ensure that their needs related to operating effectively and efficiently are being met by the public and private sector and to assist them with planned expansion.

Personnel at Fayetteville Cumberland County Economic Development Corporation

NameTitleCompensation
Robert Michael VangeonsPresident and Chief Executive Officer$181,032
Robert S. PattonVice President / President and Chief Executive Officer
Robert van GeonsPresident and Chief Executive Officer$175,037
Cathy JohnsonDirector , Existing Industry / Vice President
Jasmin BrunsonDirector, Operations
...and 8 more key personnel

Financials for Fayetteville Cumberland County Economic Development Corporation

RevenuesFYE 06/2022
Total grants, contributions, etc.$0
Program services$1,073,229
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,073,229

Form 990s for Fayetteville Cumberland County Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-06-30990View PDF
2019-062020-09-18990View PDF
2018-062019-06-19990View PDF
2017-062018-06-14990View PDF
2016-062017-12-01990OView PDF
Data update history
May 18, 2023
Updated personnel
Identified 5 new personnel
October 17, 2021
Posted financials
Added Form 990 for fiscal year 2020
October 3, 2021
Used new vendors
Identified 1 new vendor, including
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
March 7, 2021
Updated personnel
Identified 9 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local level
General information
Address
201 Hay St 401a
Fayetteville, NC 28301
Metro area
Fayetteville, NC
Website URL
fayedc.com/ 
Phone
(910) 678-7648
IRS details
EIN
81-0801545
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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