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  5. Durham economic development organizations

Durham economic development organizations

There are 33economic development organizations in the greater Durhammetro area, including the cities of Durham and Chapel Hill. Combined, these Durham metro economic development organizationsemploy 161 people, earn more than $151 million in revenue each year, and have assets of $1 billion.
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Types of economic development organizations in Durham

Nonprofit typeNumberRevenues
Economic development organizations
33
$150,992,207
Urban development organizations
17
$109,337,615
Showing 2 of 2categories

Job trends for Durham economic development organizations

Employees per organizationNumber of organizations
0
5
1-10
7
11-25
2
26-100
2
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of economic development organizations in Durham

Revenues per organizationNumber of organizations
< $250k
7
$250k to $1M
4
$1M to $5M
4
$5M to $25M
2
$25M to $100M
2
$100M+
0
Key takeaways for revenue stats:
  • Large organizations like Self-Help Ventures Fund, Research Triangle Park (RTP), MDC, New Durham Corporation, and Downtown Durham earn the majority of revenues among nonprofits in Durham economic development organizations.
  • Organizations with less than $1 million in revenue account for 1.8% of combined nonprofit revenues, whereas organizations in Durham economic development organizations with more than $100 million account for 0.0% of nonprofit earnings.

Directory of economic development organizations in Durham

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1-20 of 33

MDC

MDC advances economic mobility for Southern communities through education, employment, and strategic philanthropy. Located in Durham, NC.
Revenue
$7.9m
Assets
$16.8m
Employees
57
EIN
56-0894222
IRS type
501(c)(3)

Research Triangle Park (RTP)

The Research Triangle Park (RTP) is a 7,000 acre development that is home to more than 200 companies employing over 42,000 full-time knowledge workers and an estimated 10,000 contract employees.
Revenue
$31.8m
Assets
$214.1m
Employees
44
EIN
56-0853674
IRS type
501(c)(4)

Downtown Durham

Create an environment for private development in Downtown Durham by focusing our efforts in five main project areas: economic development, parking, appearance, safety, promotion.
Revenue
$1.9m
Assets
$1.8m
Employees
8
EIN
56-1790531
IRS type
501(c)(6)

Self-Help Ventures Fund

Self-Help creates economic opportunities via development projects, affordable spaces, and a secondary mortgage market for low-income buyers in distressed communities.
Revenue
$95.5m
Assets
$1.0b
Employees
0
EIN
58-1562750
IRS type
501(c)(3)

New Durham Corporation

New Durham Corp acquires, constructs and leases property for public use to encourage revitalization in the City of Durham, NC.
Revenue
$7.4m
Assets
$226.6m
Employees
0
EIN
56-1529636
IRS type
501(c)(3)

Chapel Hill Downtown Partnership

Chapel Hill Downtown Partnership promotes economic development and manages downtown area through marketing, mixed-use rebuilding, and collaborative efforts.
Revenue
$820.8k
Assets
$403.2k
Employees
7
EIN
20-1561219
IRS type
501(c)(3)

Centre for Homeownership and Economic Development

Centre for Homeownership and Economic Development provides services that focus on affordable housing, financial literacy, job services, and economic development.
Revenue
$1.1m
Assets
$1.0m
Employees
2
EIN
27-2691355
IRS type
501(c)(3)

UDI Community Development Corporation

UDI CDC empowers entrepreneurs and maintains industrial park facilities for community and economic development in Durham, NC.
Revenue
$1.1m
Assets
$9.3m
Employees
2
EIN
56-1072965
IRS type
501(c)(3)

First Flight Venture Center

First Flight Venture Center empowers NC tech entrepreneurs with resources, non-dilutive funding strategies, laboratory and office leases, and advanced prototyping.
Revenue
$1.5m
Assets
$2.1m
Employees
13
EIN
56-1752731
IRS type
501(c)(3)

Thelabormarket Org

Thelabormarket Org is an economic development organization in Chapel Hill, NC that was founded in 2018.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
82-3340549
IRS type
501(c)(3)

Emerging Entrepreneurs

Emerging Entrepreneurs is an economic development organization in Durham, NC that was founded in 2012.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
27-3539188
IRS type
501(c)(3)

National Coalition for Community Capital Capital-NC3

NC3 empowers citizen investors to democratize financial systems and create economic opportunities for all, with an intentional focus on inclusion.
Revenue
$162.2k
Assets
$146.4k
Employees
2
EIN
82-4122089
IRS type
501(c)(3)

Triangle Technology Executives Council (TTEC)

TTEC is an economic development organization in Durham, NC that was founded in 2009.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
26-3103510
IRS type
501(c)(3)

Downtown Oxford Economic Development Corporation

Downtown Oxford Economic Development Corporation is an urban development organization in Oxford, NC whose mission is: Education and vitality of Downtown Oxford business community.
Revenue
$66.5k
Assets
$204.4k
Employees
0
EIN
56-1983209
IRS type
501(c)(3)

Bridges and Cozart Family Reunion

Bridges and Cozart Family Reunion is an urban development organization in Durham, NC that was founded in 2024.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
93-1907647
IRS type
501(c)(3)

Community Impact Investments Corporation

Community Impact Investments Corporation is an economic development organization in Durham, NC that was founded in 2023.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
84-3659907
IRS type
501(c)(3)

Wall Street Juniors Incorporated

The Entrepreneurship Exploration Summer Camp provided students with a hands on and immersive experience in entrepreneurship. These young students were able to learn valuable skills that will serve them well in their future.
Revenue
$175.8k
Assets
$79.6k
Employees
N/A
EIN
83-2426624
IRS type
501(c)(3)

Siler City Development Organization (SC DO)

SC DO is an urban development organization in Siler City, NC that was founded in 2014.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
32-0405541
IRS type
501(c)(3)

Durham Capital Financing Corporation

Durham Capital finances real estate for Durham County's municipal and governmental functions, headed by David S Kennett.
Revenue
$0
Assets
$0
Employees
N/A
EIN
56-1737794
IRS type
501(c)(3)

Self-Help 504

Self-Help 504 is an economic development organization in Durham, NC that was founded in 2020.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
84-2618555
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S30: Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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