Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 56-1701175

MID-EAST DEVELOPMENT CORPORATION

Tax-exempt · WASHINGTON, NC 27889

Financials

$335K$332K2023$348K$354K2024
Revenue Expenses · by fiscal year end
Financials of MID-EAST DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$348,315$354,463-$6,148$1,094,527$1,330,741-$236,214
June 30, 2024990$335,231$331,861$3,370$1,122,368$1,352,434-$230,066
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$110,342
of which government grants
$110,342
Program service revenue
$237,568
Investment income
$405
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$271,624
Management and general (functional)
$82,839

Balance sheet and other

Total assets, start of year
$1,122,368
Total assets, end of year
$1,094,527
Total liabilities, end of year
$1,330,741
Net assets, end of year
-$236,214
Land, buildings and equipment
$596,828
Net assets without donor restrictions
-$236,214
Gross receipts
$348,315
Employees
0
Volunteers
0
Year formed
1991
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
BRYANT BUCKEXECUTIVE DIRECTOR
Officer
1$0
ANNETTE EUBANKSSECRETARY
Officer
1$0
SHERRI BUNCHFINANCE OFFICER
Officer
1$0
ED BOOTHCOMMISSIONER
Officer
1$0
DINA HARRELL1ST VICE CHAIR
Officer
1$0
GLORIA BRYANTCHAIR
Officer
1$0
CHARLOTTE GRIFFINEX OFFICIO
Officer
1$0
ALICE LANGLEYSECRETARY
Officer
1$0
RONALD WESSON2ND VICE CHAIR
Officer
1$0
DEMPSEY BONDCOMMISSIONER
Officer
1$0
RACHEL CRADDOCKTREASURER
Officer
1$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
BRYANT BUCKEXECUTIVE DIRECTOR
Officer
1$0
ANNETTE EUBANKSSECRETARY
Officer
1$0
JOHN MOSESFINANCE OFFICER
Officer
1$0
ED BOOTHEX OFFICIO
Officer
1$0
DINA HARRELL2ND VICE CHAIR
Officer
1$0
GLORIA BRYANT1ST VICE CHAIR
Officer
1$0
CHARLOTTE GRIFFINCHAIRMAN
Officer
1$0
ALICE LANGLEYTREASURER
Officer
1$0
RONALD WESSONCOMMISSIONER
Officer
1$0

Address and contacts

Address (IRS master file)
1502 N MARKET ST STE A, WASHINGTON, NC 27889-3377
Principal officer (990 for 2024)
SHERRI BUNCH
Signed the 990
SHERRI BUNCH, FINANCE DIRECTOR
Phone
(252) 974-1853
Return prepared by
THOMPSON PRICE SCOTT ADAMS & CO

Mission

FACILITATE AFFORDABLE HOUSING FOR THE ELDERLY.

990 for the year ended June 30, 2025

Program accomplishments

  • FACILITATE AFFORDABLE HOUSING FOR THE ELDERLY.
    Expenses $271,624 · revenue $234,823

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-1701175
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1990
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,094,527
Income (IRS master file)
$348,315

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$348,315$354,463$1,094,527XML
990June 2024$335,231$331,861$1,122,368XML
990June 2023$326,579$335,825$1,154,111IRS
990June 2022$315,512$338,494$1,189,639IRS
990June 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1701175).

Questions about MID-EAST DEVELOPMENT CORPORATION

What is the EIN of MID-EAST DEVELOPMENT CORPORATION?
The employer identification number (EIN) of MID-EAST DEVELOPMENT CORPORATION is 56-1701175.
Is MID-EAST DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to MID-EAST DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MID-EAST DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MID-EAST DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MID-EAST DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MID-EAST DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names SHERRI BUNCH.
Who are the officers and directors of MID-EAST DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does MID-EAST DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $348,315, expenses of $354,463 and total assets of $1,094,527 at year end.

Other nonprofits in WASHINGTON

All nonprofits in WASHINGTON · North Carolina · Housing and shelter