Nonprofit · EIN 81-5460810
RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · RUTHERFORDTON, NC 28139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $169,843 | $23,594 | $146,249 | $749,072 | $1,513 | $747,559 |
| June 30, 2024 | 990 | $2,721 | $9,097 | -$6,376 | $601,310 | $0 | $601,310 |
| June 30, 2023 | 990 | $2,526 | $79,855 | -$77,329 | $608,695 | $1,009 | $607,686 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $167,700
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $2,143
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $23,594
Balance sheet and other
- Total assets, start of year
- $601,310
- Total assets, end of year
- $749,072
- Total liabilities, end of year
- $1,513
- Net assets, end of year
- $747,559
- Net assets without donor restrictions
- $747,559
- Gross receipts
- $169,843
- Employees
- 0
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 |
|---|---|---|---|
| MIKE GAVIN | CHAIR Trustee or director | 0.5 | $0 |
| THAD HARRILL | VICE CHAIR Trustee or director | 0.5 | $0 |
| TERRY HINES | TREASURER Trustee or director | 0.5 | $0 |
| MARIA HUNNICUTT | TREASURER Trustee or director | 0.5 | $0 |
| MIKE WALKER | CHAIR Trustee or director | 0.5 | $0 |
| BIRGIT DILGERT | DIRECTOR Officer | 10 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID EAKER | VC Trustee or director | 0.5 | $0 |
| MIKE GAVIN | CHAIR Trustee or director | 0.5 | $0 |
| TERRY HINES | SECRETARY/TR Trustee or director | 0.5 | $0 |
| BIRGIT DILGERT | DIRECTOR Officer | 10 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID EAKER | VC Trustee or director | 0.5 | $0 |
| MIKE GAVIN | CHAIR Trustee or director | 0.5 | $0 |
| TERRY HINES | SECRETARY/TR Trustee or director | 0.5 | $0 |
| BIRGIT DILGERT | DIRECTOR Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 289 N MAIN ST, RUTHERFORDTON, NC 28139-2549
- Mailing address (990-N for 2016)
- 142 East Main St Ste 100, Forest City NC 28043
- Principal officer (990 for 2024)
- BIRGIT DILGERT, 142 EAST MAIN ST STE 100, FOREST CITY, NC 28403
- Principal officer (990-N for 2016)
- Tom Johnson, 142 E Main St Ste 100, Forest City NC 28043
- Signed the 990
- BIRGIT DILGERT, DIRECTOR
- Phone
- (828) 287-6200
- Return prepared by
- GOULD KILLIAN CPA GROUP PA
Mission
TO CULTIVATE ECONOMIC DEVELOPMENT OPPORTUNITIES FOR RUTHERFORD COUNTY.
Program accomplishments
- RECEIVES DONATIONS FROM LOCAL BUSINESSES AND USES THE DONATION TO FURTHER THE ECONOMY DEVELOPMENT AND INDUSTRY GROWTH IN RUTHERFORD COUNTY.
- 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.Expenses $23,594
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
- 81-5460810
- 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
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $749,072
- Income (IRS master file)
- $169,843
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $169,843 | $23,594 | $749,072 | XML |
| 990 | June 2024 | $2,721 | $9,097 | $601,310 | XML |
| 990 | June 2023 | $2,526 | $79,855 | $608,695 | XML |
| 990 | June 2022 | $332,403 | $5,433 | $685,015 | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-EZ | June 2018 | – | – | – | IRS |
| 990-N for 2016 Officer: Tom Johnson | June 30, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 81-5460810).
Questions about RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION is 81-5460810.
- Is RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RUTHERFORD 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 RUTHERFORD 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 RUTHERFORD 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 RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names BIRGIT DILGERT.
- Who are the officers and directors of RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $169,843, expenses of $23,594 and total assets of $749,072 at year end.
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