2024-01-27T07:10:32-05:00 2023-06-30 561042836 GOULD KILLIAN CPA GROUP PA 100 COXE AVE ASHEVILLE NC 288012354 990 2022-07-01 815460810 RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION RUTH 8282876200 142 EAST MAIN ST STE 100 FOREST CITY NC 28043 BIRGIT DILGERT DIRECTOR 8282876200 2024-01-15 true BIRGIT DILGERT 999009999 false DAN MULLINIX CPA P01306232 8282580363 2024-01-27 2022 2023-04-26 12:10:37Z BIRGIT DILGERT 142 EAST MAIN ST STE 100 FOREST CITY NC 28403 2526 false X X TO CULTIVATE ECONOMIC DEVELOPMENT OPPORTUNITIES FOR RUTHERFORD COUNTY. 4 4 0 0 81300 0 0 249530 0 1573 2526 332403 2526 0 0 0 0 0 5433 79855 5433 79855 326970 -77329 685015 608695 1009 685015 607686 TO CULTIVATE ECONOMIC DEVELOPMENT OPPORTUNITIES FOR RUTHERFORD COUNTY. false false 52 RECEIVES DONATIONS FROM LOCAL BUSINESSES AND USES THE DONATION TO FURTHER THE ECONOMY DEVELOPMENT AND INDUSTRY GROWTH IN RUTHERFORD COUNTY. 79803 THE ORGANIZATION PURCHASES AND MANAGES SHOVEL READY BUSINESS PARK PROPERTIES WITHIN THE COUNTY AS A MEANS TO CULTIVATE FURTHER ECONOMIC AND INDUSTRIAL GROWTH IN RUTHERFORD COUNTY. COSTS WITHIN THE BUSINESS PARK(S) ARE PAID BY THE ORGANIZATION AND A PORTION IS REIMBURSED BY OTHER BUSINESS PARK PROPERTY OWNERS THROUGH REGIME FEES. PROCEEDS FRPM SALE OF BUSINESS PARK PROPERTY IS REINVESTED AND USED TO CULTIVATE FURTHER ECONOMIC AND INDUSTRIAL DEVELOPMENT. 79855 true false false false false false false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false 0 0 true 0 false false false false false false false false 4 4 false false false false false false false true true false false false false true true false false false X BIRGIT DILGERT 8282876200 142 EAST MAIN ST STE 100 FOREST CITY NC 28403 X DAVID EAKER VC 0.50 X 0 0 0 MIKE GAVIN CHAIR 0.50 X 0 0 0 TERRY HINES SECRETARY/TR 0.50 X 0 0 0 BIRGIT DILGERT DIRECTOR 10.00 X 0 0 0 false false false X REGIME FEES 2526 2526 2526 2526 2526 DUE DILIGENCE EXPENSE 69700 69700 BUSINESS PARK - MAINT. 9225 9225 BUSINESS PARK - UTILITIES 878 878 TAXES AND LICENSES 52 52 79855 79855 0 0 449760 373440 235255 235255 685015 608695 1009 0 1009 X 685015 607686 685015 607686 685015 608695 -77329 X false true X X 57600 72000 97000 81300 307900 32963 48942 65927 65310 55102 268244 90563 120942 162927 146610 55102 576144 204185 371959 576144 4099 0.64560 0.52720 X LAND - RIVERSTONE INDUSTRIAL PARK 235255 235255 77828 75302 75302 2526 2526 112511 32656 32656 79855 79855 SCHEDULE D, PAGE 4, PART XI, LINE 2D CONSOLIDATION OF RUTHERFORD COUNTY EDA (DEEMED NON-SISTER) 75,302 SCHEDULE D, PAGE 4, PART XII, LINE 2D CONSOLIDATION OF RUTHERFORD COUNTY EDA (DEEMED NON-SISTER) 32,656 FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART VIII IN DECEMBER 2019, THE ASSOCIATION PURCHASED VARIOUS PARCELS OF LAND WITHIN THE RIVERSTONE BUSINESS PARK LOCATED IN RUTHERFORDTON, NORTH CAROLINA AT A COST OF 250,000. RIVERSTONE IS A SHOVEL-READY DEVELOPMENT IDEAL FOR HIGH QUALITY ADVANCED MANUFACTURING AND DISTRIBUTION OPPORTUNITIES. DURING THE FISCAL YEAR ENDING JUNE 30, 2022, THE ASSOCIATION SOLD PARCEL 1636892 FOR NET PROCEEDS OF 286,675. THE PARCEL HAD A BASIS OF 37,145. THIS BRINGS THE ASSOCIATIONS TOTAL INVESTMENT AT JUNE 30, 2023 IN REMAINING PARCELS OF 235,255.