Nonprofit · EIN 81-0801545
FAYETTEVILLE-CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · FAYETTEVILLE, NC 28301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,045,669 | $1,137,825 | -$92,156 | $923,341 | $521,989 | $401,352 |
| June 30, 2024 | 990 | $1,116,231 | $1,042,691 | $73,540 | $1,117,790 | $624,282 | $493,508 |
| June 30, 2023 | 990 | $1,085,561 | $1,055,137 | $30,424 | $1,186,919 | $766,951 | $419,968 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,038,183
- Investment income
- $7,486
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $391,046
- Other salaries and wages
- $205,664
- Salaries, compensation and benefits (total)
- $702,725
- Professional fundraising fees
- $0
- Accounting fees
- $3,000
- Occupancy
- $153,830
- Travel
- $3,400
Balance sheet and other
- Total assets, start of year
- $1,117,790
- Total assets, end of year
- $923,341
- Total liabilities, end of year
- $521,989
- Net assets, end of year
- $401,352
- Net assets without donor restrictions
- $401,352
- Gross receipts
- $1,045,669
- Employees
- 7
- Volunteers
- 10
- Year formed
- 2015
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT VAN GEONS | PRESIDENT & CEO Officer | 40 | $211,860 | $26,910 |
| ROB PATTON | EXEC. VICE PRESIDENT Officer | 40 | $133,500 | $3,870 |
| KATHERYN COX | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TIMOTHY BRYANT | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| DYMOND SPAIN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CARL MANING | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOSHUA CHOI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MITCH COLVIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIRK DEVIERE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL HEDGEPETH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FERDINAND IRIZARRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ULYSSES TAYLOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT M VAN GEONS | PRESIDENT & CEO Officer | 40 | $206,885 | $28,566 |
| ROB PATTON | EXECUTIVE VP Highest-paid employee | 40 | $119,481 | $3,585 |
| KATHERYN COX | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TIMOTHY BRYANT | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CARL MANING | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DYMOND SPAIN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ULYSSES TAYLOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIRK DEVIERE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSHUA CHOI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL HEDGEPETH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MITCH COLVIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FERDINAND IRIZARRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT M VAN GEONS | PRESIDENT & CEO Officer | 40 | $196,323 | $27,975 |
| ROB PATTON | EXECUTIVE VP Highest-paid employee | 40 | $111,447 | $6,382 |
| KELVIN FARMER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| VIVEK TANDON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| KATHERYN COX | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DYMOND SPAIN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CARL MANNING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOHN BROADWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GLENN ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL HEDGEPETH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MITCH COLVIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELAINA BALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- MENTHAY ST, FAYETTEVILLE, NC 28301-0000
- In care of
- % RUSSELL N ROGERSON
- Principal officer (990 for 2024)
- ROBERT M VAN GEONS, 611 RUSSELL STREET, FAYETTEVILLE, NC 28301
- Signed the 990
- ROBERT M VAN GEONS, PRESIDENT & CEO
- Phone
- (910) 678-7648
- Website
- WWW.FCEDC.COM
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
THE FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION WAS FORMED IN DECEMBER 2015 TO ENGAGE IN ECONOMIC DEVELOPMENT ACTIVITIES INTENDED TO REDUCE THE BURDEN ON GOVERNMENT BY INCREASING THE TAX BASE OF THE COMMUNITY AND CREATE NEW JOBS IN THE CITY OF FAYETTEVILLE AND CUMBERLAND COUNTY.
Program accomplishments
- THE ORGANIZATION WORKS TO ATTRACT NEW BUSINESSES AND INDUSTRIES TO THE AREA THUS INCREASING THE TAX BASE AND CREATING NEW JOBS.
- THE ORGANIZATION WORKS WITH EXISTING BUSINESSES AND INDUSTRY IN CUMBERLAND COUNTY TO ENSURE THAT THEIR NEEDS RELATED TO OPERATING EFFECTIVELY AND EFFICIENTLY ARE BEING MET BY THE PUBLIC AND PRIVATE SECTOR AND TO ASSIST THEM WITH PLANNED EXPANSION.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0801545
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $923,341
- Income (IRS master file)
- $1,045,669
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,045,669 | $1,137,825 | $923,341 | IRS |
| 990 | June 2024 | $1,116,231 | $1,042,691 | $1,117,790 | IRS |
| 990 | June 2023 | $1,085,561 | $1,055,137 | $1,186,919 | XML |
| 990 | June 2022 | $1,073,229 | $1,011,972 | $1,237,847 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 81-0801545).
Questions about FAYETTEVILLE-CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of FAYETTEVILLE-CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of FAYETTEVILLE-CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION is 81-0801545.
- Is FAYETTEVILLE-CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2017.
- Are donations to FAYETTEVILLE-CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FAYETTEVILLE-CUMBERLAND COUNTY ECONOMIC 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 FAYETTEVILLE-CUMBERLAND COUNTY ECONOMIC 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 FAYETTEVILLE-CUMBERLAND COUNTY ECONOMIC 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 FAYETTEVILLE-CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names ROBERT M VAN GEONS.
- Who are the officers and directors of FAYETTEVILLE-CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 12 people; 2 received compensation from the organization, the highest $211,860 (ROBERT VAN GEONS, PRESIDENT & CEO).
- How much revenue does FAYETTEVILLE-CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,045,669, expenses of $1,137,825 and total assets of $923,341 at year end.
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- CLIMBING FOR CHANGE INC EIN 85-1851998 · last filed 990-EZ for 2025
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All nonprofits in FAYETTEVILLE · North Carolina · Community improvement and capacity building