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ANSON ECONOMIC DEVELOPMENT CORPORATION

WADESBORO, North Carolina, 28170

EIN: 56-1783235

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
PO BOX 1170
28170
COUNTY
anson county, NC

ORGANIZATIONAL OVERVIEW & RANKINGS

ANSON ECONOMIC DEVELOPMENT CORPORATION is a based in WADESBORO, NC, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in November 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $1,183,493.00, this ranks 197,664 among 2,656,690 nonprofits nationally (Top 8%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 5,024 out of 80,207 organizations in NC (Top 7%).

In anson county, NC, the organization ranks 5 out of 161 nonprofits by assets (Top 3%), while locally in wadesboro, it stands at 3 among 103 organizations (Top 2%).

The organization reported annual revenue of $333,185.00, ranking 225,782 nationally (Top 9%) and 6,488 in NC (Top 9%).

Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, ANSON ECONOMIC DEVELOPMENT CORPORATION ranks 580 in assets (Top 12%) and 864 in revenue (Top 18%).

Note: This organization's tax-exempt status was temporarily revoked on August 15, 2018 and was reinstated on May 15, 2018 .

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Attracting new industry or retaining industry in an area
Other activity aimed t combating community deterioration
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A past revocation appears on the IRS revocation list
Revoked: Wednesday, August 15, 2018;
Reinstated: Tuesday, May 15, 2018
Data current as of Oct. 2024
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$381,872.00
FORM 990 REVENUE AMOUNT
$333,185.00
RULING DATE
11/2023
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,183,493.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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