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Nonprofit · EIN 81-2984122

ECONOMIC INVESTMENT FUND OF HENDERSON COUNTY INC

Tax-exempt · HENDERSONVLLE, NC 28792

Financials

$184K$59K2022$216K$90K2023$276K$128K2024
Revenue Expenses · by fiscal year end
Financials of ECONOMIC INVESTMENT FUND OF HENDERSON COUNTY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$276,253$128,148$148,105$2,973,683$1,190,568$1,783,115
June 30, 2024990$215,776$89,989$125,787$2,555,978$920,968$1,635,010
June 30, 2023990$183,620$59,058$124,562$2,430,191$920,968$1,509,223
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$251,100
of which government grants
$202,500
Program service revenue
$0
Investment income
$25,153
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$6,000
Program services (functional)
$128,015
Management and general (functional)
$133

Balance sheet and other

Total assets, start of year
$2,555,978
Total assets, end of year
$2,973,683
Total liabilities, end of year
$1,190,568
Net assets, end of year
$1,783,115
Land, buildings and equipment
$1,510,430
Net assets without donor restrictions
$1,783,115
Gross receipts
$276,253
Employees
0
Volunteers
8

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
BRITTANY BRADYPRESIDENT &
Officer
15$0
BEAU WADDELLCHAIR
Trustee or director, Officer
2$0
MARK RUSSELLVICE CHAIR
Trustee or director, Officer
2$0
KELLY LEONARDSECRETARY/TR
Trustee or director, Officer
2$0
CHIP GOULDBOARD MEMBER
Trustee or director, Officer
1$0
CLEMENT RIDDLEBOARD MEMBER
Trustee or director
1$0
WILL BUIEBOARD MEMBER
Trustee or director
1$0
TOMMY THOMPSONBOARD MEMEBE
Trustee or director
1$0
NATHAN KENNEDYBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
BRITTANY BRADYPRESIDENT &
Officer
15$0
BEAU WADDELLCHAIR
Trustee or director, Officer
2$0
MARK RUSSELLVICE CHAIR
Trustee or director, Officer
2$0
KELLY LEONARDSECRETARY/TR
Trustee or director, Officer
1$0
CHIP GOULDBOARD MEMBER
Trustee or director
1$0
WILL BUIEBOARD MEMBER
Trustee or director
1$0
TOMMY THOMPSONBOARD MEMEBE
Trustee or director
1$0
CLEMENT RIDDLEBOARD MEMBER
Trustee or director
1$0
NATHAN KENNEDYBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
BRITTANY BRADYPRESIDENT &
Officer
15$0
KELLY LEONARDCHAIR
Trustee or director, Officer
2$0
BEAU WADDELLCHAIR ELECT
Trustee or director
1$0
ADAM SHEALYTREASURER
Trustee or director, Officer
1$0
CHIP GOULDBOARD MEMBER
Trustee or director
1$0
WILL BUIEBOARD MEMBER
Trustee or director
1$0
TOMMY THOMPSONBOARD MEMEBE
Trustee or director
1$0
DAVE MODAFFBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
330 N KING ST, HENDERSONVLLE, NC 28792-4348
In care of
% BRITTANY BRADY
Principal officer (990 for 2024)
BRITTANY BRADY, 330 NORTH KING STREET, HENDERSONVILLE, NC 28792
Signed the 990
BRITTANY BRADY, PRESIDENT & CEO
Phone
(828) 692-6373
Return prepared by
BGW ADVISORS LLC

Mission

TO LESSEN THE BURDENS OF GOVERNMENT BY PROTECTING AND ADVANCING HENDERSON COUNTY'S QUALITY EMPLOYMENT AND TAX BASE CAPACITY THROUGH PRODUCT AND WORKFORCE DEVELOPMENT; TO EMPLOY A PRODUCT DEVELOPMENT STRATEGY FOCUSED ON IDENTIFYING, OPTIONING AND PRESERVING REAL PROPERTY AND TO ENGAGE PROACTIVELY WITH SCHOOLS AND STUDENTS IN ORDER TO INCREASE AWARENESS ABOUT CAREERS IN MANUFACTURING AND ENCOURAGE WORKFORCE PREPAREDNESS.

990 for the year ended June 30, 2025

Program accomplishments

  • TO CARRY OUT THE CORPORATION'S CHARITABLE AND EDUCATIONAL PURPOSES BY ACCEPTING, HOLDING, INVESTING, AND ADMINISTERING ANY GIFTS, BEQUESTS, SCHOLARSHIPS, GRANTS, AND DEVISES OF PROPERTY OF ANY NATURE, AND TO USE, DISBURSE, LOAN, OR DONATE THE PRINCIPAL THEREOF OR INCOME EARNED THEREUPON FOR THE EXCLUSIVE BENEFIT OF OR IN FURTHERANCE OF THE PURPOSES OF THE CORPORATION.
    Expenses $128,015

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
81-2984122
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
2016
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,973,683
Income (IRS master file)
$276,253

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$276,253$128,148$2,973,683IRS
990June 2024$215,776$89,989$2,555,978IRS
990June 2023$183,620$59,058$2,430,191XML
990June 2022$165,709$16,913$2,305,860IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 81-2984122).

Questions about ECONOMIC INVESTMENT FUND OF HENDERSON COUNTY INC

What is the EIN of ECONOMIC INVESTMENT FUND OF HENDERSON COUNTY INC?
The employer identification number (EIN) of ECONOMIC INVESTMENT FUND OF HENDERSON COUNTY INC is 81-2984122.
Is ECONOMIC INVESTMENT FUND OF HENDERSON COUNTY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to ECONOMIC INVESTMENT FUND OF HENDERSON COUNTY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ECONOMIC INVESTMENT FUND OF HENDERSON COUNTY INC 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 ECONOMIC INVESTMENT FUND OF HENDERSON COUNTY INC 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 ECONOMIC INVESTMENT FUND OF HENDERSON COUNTY INC 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 ECONOMIC INVESTMENT FUND OF HENDERSON COUNTY INC?
The 990 for the year ended June 30, 2025 names BRITTANY BRADY.
Who are the officers and directors of ECONOMIC INVESTMENT FUND OF HENDERSON COUNTY INC?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does ECONOMIC INVESTMENT FUND OF HENDERSON COUNTY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $276,253, expenses of $128,148 and total assets of $2,973,683 at year end.

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