EIN 46-4840814

Economic Development Partnership of North Carolina

IRS 501(c) type
501(c)(3)
Num. employees
84
Year formed
2013
Most recent tax filings
2020-06
Description
Activities shall include but are not limited to collaborating with the NC Department of Commerce to assist, promote, and enhance economic opportunities, particularly in the state of North Carolina's rural and urban communities, and to involve the priv...

Program areas at Economic Development Partnership of North Carolina

Edpnc's travel and tourism division, visit North Carolina, promotes the state's tourism appeal and industry, which supports 235,700 jobs in North Carolina. Visitnc executes marketing programs that advance North Carolina's standing as a major destination for leisure travel, group tours, meetings and conventions, sports events, film production and retirees. The marketing efforts of visitnc and its public and private partners at the state, regional and local levels exhibited continued success. The latest figures available show visitors spent a record $26.75 billion in calendar year 2019, a 6 percent increase from the previous year.
Edpnc's business recruitment division helps grow North Carolina's Economic base by supporting new facilities projects that lead to increased employment opportunities throughout the state. This division works statewide helping companies interested in locating to or expanding in North Carolina to find sites, navigate financial incentives and permitting requirements, and identify and tap resources to meet workforce, training and infrastructure needs. The edpnc and its partners supported 150 business recruitment and expansion projects resulting in the announcement of 18,304 new jobs in North Carolina and $5.63 billion in investment.
Edpnc's international trade division helps North Carolina companies identify and develop overseas marketing opportunities free of charge. This is especially beneficial to smaller businesses which often do not have staff dedicated to exploring and developing export opportunities. Edpnc has multilingual experts located in North Carolina and several foreign offices in canada, mexico, europe, japan, shanghai, hong kong, and the middle east. Services offered include export education programs, customized searches for international distributors or agents, research and intelligence on international markets, and referrals to programs offering export finance assistance. The team organizes and leads North Carolina companies' participation in high-profile international trade events. The team also helps participants access federal funding to cover certain costs, including travel and marketing material translation. In fy 2020, the edpnc's international trade managers and foreign offices assisted 574 companies with exporting, and those businesses reported over $1 billion in foreign sales connected to edpnc support.

Form 990s for Economic Development Partnership of North Carolina

Fiscal year endingDate received by IRSFormPDF link
2019-062020-09-18990View PDF
2018-062019-06-19990View PDF
2017-062018-06-14990View PDF
2016-062017-10-02990View PDF
2015-062016-08-04990View PDF
...and 2 more Form 990s

Who funds Economic Development Partnership of North Carolina

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
North Carolina Association of RealtorsContribution$50,000
 Subscribe to view████ █████ █████$99,999
 Subscribe to view█████ ████$99,999
...and 4 more grants received

Financials for Economic Development Partnership of North Carolina

RevenuesFYE 06/2020
Total grants, contributions, etc.$1,656,451
Program services$19,241,966
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$20,898,417

Personnel at Economic Development Partnership of North Carolina

NameTitleCompensation
Aaron ThomasChief Executive Officer
John KaneFounder and Chief Executive Officer$0
Karen LevertChief Executive Officer
 Subscribe to viewExecutive Vice President and Chief Operating Officer$0
 Subscribe to viewChief Operating Officer$106,727
...and 14 more key personnel

Organizations like Economic Development Partnership of North Carolina

OrganizationLocationRevenue
University of Virginia Mcintire School of Commerce FoundationCharlottesville, VA$29,507,560
SouthernCarolina Alliance (SCA)Barnwell, SC$17,962,348
Florida Community Loan Fund (FCLF)Orlando, FL$9,941,054
Enterprise Florida (EFI)Orlando, FL$23,165,944
Pittsburgh Downtown Partnership (PDP)Pittsburgh, PA$5,537,192
North Carolina Rural CenterRaleigh, NC$7,448,090
BCL of TexasAustin, TX$7,633,917
South Bronx Overall Economic Development Corporation (SoBRO)Bronx, NY$11,284,630
Ben Franklin Technology Partners NE PABethlehem, PA$8,960,845
Launch TennesseeNashville, TN$8,326,183
Wisconsin Womens Business Initiative Corporation (WWBIC)Milwaukee, WI$8,786,748
Virginia Community CapitalChristiansbur, VA$6,635,253
Southwestern Pennsylvania Commission (SPC)Pittsburgh, PA$9,908,774
Massachusetts Housing Investment Corporation (MHIC)Boston, MA$11,038,740
Epicenter / Vibrant Memphis IncMemphis, TN$6,744,279
Craft3Astoria, OR$15,830,783
Beneficial State FoundationOakland, CA$5,533,095
Meadowlands Transportation Brokerage CorporationWoodridge, NJ$8,040,385
Allegheny Conference on Community DevelopmentPittsburgh, PA$10,110,482
JumpStartCleveland, OH$26,023,957
Community Reinvestment Fund (CRF)Minneapolis, MN$23,357,764
Structured Employment Economic Development Corporation (SEEDCO)New York, NY$7,904,107
BioGeneratorSt Louis, MO$6,488,066
Bridgeway CapitalPittsburgh, PA$13,867,537
Hope Enterprise CorporationJackson, MS$16,044,629
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$20,898,417
2020
Yearly growth
-9.2%
% of revenues
n/a
Total expenses
$20,293,375
2020
Yearly growth
-12.6%
% of expenses
n/a
Total assets
$10,570,203
2020
Yearly growth
194.9%
% of assets
n/a
Num. employees
84
2020
Yearly growth
0%
% of total
n/a
General information
Address
150 Fayetteville Street No 1200
Raleigh, NC 27601
Metro area
Raleigh-Cary, NC
Website URL
edpnc.com/ 
Phone
(919) 447-7777
IRS details
EIN
46-4840814
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent