EIN 58-2140995

Eagle Market Streets Development Corporation (EMSDC)

IRS 501(c) type
501(c)(3)
Num. employees
26
Year formed
1994
Most recent tax filings
2022-12-01
Description
Eagle Market Streets Development Corporation envisions equitable, inclusive socio-economic justice for all by developing people, property and businesses. The corporation's programs focus on community and property development, economic business and workforce development to elevate communities of color and underserved populations from poverty through education and social entrepreneurship.
Total revenues
$3,101,437
2022
Total expenses
$2,545,293
2022
Total assets
$4,860,691
2022
Num. employees
26
2022

Program areas at EMSDC

All programs relate to community and property Development, economic business and workforce Development where communities of color and underserved populations are elevated from poverty by means of education and social entrepreneurship.

Grants made by EMSDC

GranteeGrant descriptionAmount
Pinnacle Community Development CorporationHrsa Disbursement$136,000
Community Foundation of Henderson CountyCo-Thinkk Awards$76,000
New Life ConnectionHrsa Disbursement$60,500
...and 5 more grants made

Who funds Eagle Market Streets Development Corporation (EMSDC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation of Western North CarolinaBuilding Community & Economic Vitality$128,500
Z. Smith Reynolds Foundation (ZSR)Renewal - Racial Justice Coalition of Asheville Project$75,000
T Rowe Price CharitableMultiple$50,200
...and 6 more grants received

Personnel at EMSDC

NameTitleCompensation
Stephanie S TwittyPresident Chief Executive Officer$40,458
Elizabeth RussellTreasurer$0
Marvin ChambersVice Chairman$0
Lajune WaterfordSecretary$0
Stepahnie Swepson TwittyChief Executive Officer
...and 4 more key personnel

Financials for EMSDC

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,011,382
Program services$53,415
Investment income and dividends$108
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$36,532
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,101,437

Form 990s for EMSDC

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122024-06-24990View PDF
2021-122022-11-08990View PDF
2020-122021-11-12990View PDF
2019-122021-02-26990View PDF
...and 11 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 5 new grant, including a grant for $128,500 from Community Foundation of Western North Carolina
December 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 27, 2023
Updated personnel
Identified 2 new personnel
December 25, 2023
Received grants
Identified 5 new grant, including a grant for $150,000 from Z. Smith Reynolds Foundation (ZSR)
December 24, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsCharities
Issues
Arts, cultural, and humanitiesCommunity improvementEconomic development
Characteristics
Operates donor advised fundsPartially liquidatedReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
70 S Market St
Asheville, NC 28801
Metro area
Asheville, NC
County
Buncombe County, NC
Website URL
eaglemarketstreets.org/ 
Phone
(828) 281-1227
IRS details
EIN
58-2140995
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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