EIN 56-1399587

Council for Entrepreneurial Development (CED)

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Year formed
1984
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Council for Entrepreneurial Development (CED) is a private, non-profit organization formed in 1984 to identify, enable and promote high growth, high impact entrepreneurial companies and to accelerate the entrepreneurial culture of the Research Triangle and North Carolina. Headquartered in the Research Triangle with a divisional office in Wilmington, CED is the largest and oldest entrepreneurial support organization in the nation with more than 4,000 members representing over 1,100 entrepreneurial companies, financiers and professional firms.
Total revenues
$4,882,167
2023
Total expenses
$1,256,192
2023
Total assets
$4,234,725
2023
Num. employees
6
2023

Program areas at CED

Ced operates its non-profit programs according to a strategic vision adopted by the board of directors.programs like gro incubator provide education for early stage companies and founders. The curriculum is supported by successful founders who provide expertise and advice for scale.venture connect is another program that enables startup companies to connect to the resources they need to grow. This is the culmination of year-round progress achieved through support/guidance offered by ced team directly to startups.the annual conference (venture connect) returned to in-person format in 2022. The event hosts over 800 pp and provides education, connections and networking opportunities.ced engages over 400 partners in the business community including startups, corporate, investors, and other individuals. Ced launched a support organization network intended to bring together entities supporting entrepreneurs to foster collaboration across the ecosystem.ced continues to maintain partnerships with educational institutions helping to support business Development and economic growth.

Who funds Council for Entrepreneurial Development (CED)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Endowment FoundationCommunity Devel$10,000

Personnel at CED

NameTitleCompensation
Kelly RowellPresident and Chief Executive Officer$142,500
Brennan BarberHead of Business DVLP$112,750
Hunter YoungHead of Capital$112,750
Jay BigelowHead of Entrepreneurship$121,250
Tom AllenSecretary and Executive Commit$0
...and 7 more key personnel

Financials for CED

RevenuesFYE 06/2023
Total grants, contributions, etc.$4,186,353
Program services$695,331
Investment income and dividends$483
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$4,882,167

Form 990s for CED

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-13990View PDF
2022-062022-12-01990View PDF
2021-062022-02-02990View PDF
2020-062021-03-01990View PDF
2019-062020-02-05990View PDF
...and 9 more Form 990s
Data update history
February 5, 2024
Updated personnel
Identified 15 new personnel
February 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 4, 2023
Updated personnel
Identified 2 new personnel
June 9, 2023
Updated personnel
Identified 9 new personnel
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Business and industry
Characteristics
MembershipsTax deductible donationsAccepts online donations
General information
Address
600 Park Offices Dr 100
Durham, NC 27709
Metro area
Durham-Chapel Hill, NC
County
Durham County, NC
Website URL
cednc.org/ 
Phone
(919) 549-7500
Facebook page
cedrtp 
Twitter profile
@cednc 
IRS details
EIN
56-1399587
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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