1. Directory
  2. North Carolina
  3. Morganton
  4. The Industrial Commons
EIN 47-2080338

The Industrial Commons

IRS 501(c) type
501(c)(3)
Num. employees
15
City
Morganton
State
North Carolina
Year formed
2014
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
The Industrial Commons strives to create long-term economic and societal benefits in rural Western North Carolina and neighboring regions by reducing government burdens and developing public assets that enhance the retention and creation of small to mid-size manufacturing firms. The mission of The Industrial Commons is to rebuild a diverse working class based on locally-rooted wealth. It founds and grows interconnected enterprises that solve industrial problems for businesses and workers, as well as manufactures hope for the people of western North Carolina.
Total revenues
$11,657,616
2023
Total expenses
$2,236,647
2023
Total assets
$16,084,125
2023
Num. employees
15
2023

Program areas at The Industrial Commons

The Industrial Commons founds and grows interconnected enterprises that solve Industrial problems for businesses and workers, and manufactures hope for The people of western north carolina.the Industrial Commons fulfills their mission by enhancing The retention and creation of small to mid-size manufacturing firms and meaningful, gainful employment; by providing economic, business and vocational education services to workers and business owners; and by sustainably enhancing The economic well-being of all members of a community.

Grants made by The Industrial Commons

GranteeGrant descriptionAmount
C2life FoundationGeneral Purpose/to Support Mission$0

Who funds The Industrial Commons

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Kendeda FundInnovation Campus$8,000,000
Kendeda FundBuilding, Growing and Sustaining the Industrial Commons Ecosystem Fund$395,000
Dogwood Health TrustWork in Burke: Economic Transformation for Opportunity Youth$330,000
...and 22 more grants received totalling $9,873,413

Personnel at The Industrial Commons

NameTitleCompensation
Sara ChesterFounder and Executive Director$78,770
Sharley MendozaDirector of Operations
Sharley Mendoza PerezDirector and Director of Operations$57,987
David CannonSenior Director of Finance
Jessica StockhamDevelopment Director the Industrial Commons
...and 16 more key personnel

Financials for The Industrial Commons

RevenuesFYE 12/2023
Total grants, contributions, etc.$10,971,882
Program services$415,646
Investment income and dividends$291,977
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$0
Net income from sales of inventory$-22,590
Miscellaneous revenues$701
Total revenues$11,657,616

Form 990s for The Industrial Commons

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-17990View PDF
2022-122023-11-14990View PDF
2021-122022-08-08990View PDF
2020-122021-09-13990View PDF
2019-122020-09-14990View PDF
...and 2 more Form 990s
Data update history
January 6, 2025
Received grants
Identified 8 new grant, including a grant for $8,000,000 from Kendeda Fund
December 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Updated personnel
Identified 3 new personnel
October 13, 2024
Updated personnel
Identified 3 new personnel
September 21, 2024
Received grants
Identified 4 new grant, including a grant for $40,000 from Jobs for the Future (JFF)
Nonprofit Types
Trade associationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
MembershipsLobbyingReceives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 71
Morganton, NC 28680
Metro area
Hickory-Lenoir-Morganton, NC
County
Burke County, NC
Website URL
theindustrialcommons.org/ 
Phone
(828) 443-4043
IRS details
EIN
47-2080338
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
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
Free account sign-up

Want updates when The Industrial Commons has new information, or want to find more organizations like The Industrial Commons?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy