Nonpartisan civic infrastructure
AllCiv·Legis1
·

Rural Economic Development Center INC

Public charityFed auditsIRS 990
Community Development · RALEIGH, NC · EIN 56-1552375

About

The mission of the organization is to develop, implement and promote sound economic strategies that improve the quality of life of rural north carolinians, with a special focus on individuals with low to moderate incomes and communities with limited resources.

Donations are tax-deductible
Category
Community Development
Employees
68
Volunteers
23

Financial Snapshot

FY ending 2024-06-30
Revenue
$60.7M
Expenses
$13.1M
Assets
$247.4M
Liabilities
$86.7M

Financial history

$60.7M$30.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $60.7M · Avg: $16.7M

501(h) election

This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.

Political & Grant Activity

Campaign Spending
Lobbying
$75K
Grants Given
$2.2M
RURAL ECONOMIC DEVELOPMENT CENTER INC
Your actions

Address

4021 Carya DR
Raleigh, NC, 27610-291

Governance

Voting board members21
Independent members21
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.