Nonprofit · EIN 87-2462918
I-95 1-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE INC
Also known as REID WILLIAMS
Tax-exempt · DUNN, NC 28334
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $40,904,094 | $39,727,544 | $1,176,550 | $14,889,568 | $12,752,761 | $2,136,807 |
| June 30, 2024 | 990 | $7,853,702 | $7,001,887 | $851,815 | $36,223,125 | $35,262,868 | $960,257 |
| June 30, 2023 | 990 | $12,824,378 | $836,011 | $11,988,367 | $13,506,014 | $339,283 | $13,166,731 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $40,017,975
- of which government grants
- $40,017,975
- Program service revenue
- $0
- Investment income
- $886,119
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $102,099
- Salaries, compensation and benefits (total)
- $116,807
- Professional fundraising fees
- $0
- Travel
- $13,683
- Program services (functional)
- $39,624,785
- Management and general (functional)
- $102,759
Balance sheet and other
- Total assets, start of year
- $36,223,125
- Total assets, end of year
- $14,889,568
- Total liabilities, end of year
- $12,752,761
- Net assets, end of year
- $2,136,807
- Land, buildings and equipment
- $1,780,632
- Net assets without donor restrictions
- $2,136,807
- Gross receipts
- $40,904,094
- Employees
- 1
- Volunteers
- 24
- Year formed
- 2021
- 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 |
|---|---|---|---|---|
| REID WILLIAMS | PRESIDENT Officer | 50 | $105,292 | $7,082 |
| HAROLD KEEN | CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| DAVID BRADHAM | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MATTHEW SMITH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LINWOOD PARKER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| WALTER MASSEY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JEFFREY DUNN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ANDY HARDY | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| DERRICK MARCONI | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JERRY MILTON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BRYAN PARKER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PAUL BOUCHER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| WILL CHANDLER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REID WILLIAMS | PRESIDENT Officer | 50 | $85,000 |
| HAROLD KEEN | CHAIRMAN Trustee or director, Officer | 4 | $0 |
| DAVID BRADHAM | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| MATTHEW SMITH | TREASURER Trustee or director, Officer | 1 | $0 |
| LINWOOD PARKER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| WALTER MASSEY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JEFFREY DUNN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ANDY HARDY | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| DERRICK MARCONI | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JERRY MILTON | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| REID WILLIAMS | PRESIDENT Officer | 50 | $76,933 | $2,500 |
| HAROLD KEEN | CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| DAVID BRADHAM | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MATTHEW SMITH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOANNA SASKO | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| WALTER MASSEY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JEFFREY DUNN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ANDY HARDY | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DERRICK MARCONI | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 600 S MAGNOLIA AVE, DUNN, NC 28334-5825
- Mailing address (990-N for 2020)
- 600 S Magnolia Ave, Dunn NC 28334
- Principal officer (990 for 2024)
- REID WILLIAMS, 600 S MAGNOLIA AVE, DUNN, NC 28334
- Principal officer (990-N for 2020)
- Reid Williams, 600 S Magnolia Ave, Dunn NC 28334
- Signed the 990
- MATTHEW SMITH, TREASURER
- Phone
- (919) 963-3112
- Return prepared by
- BERNARD ROBINSON & COMPANY LLP
Mission
THE ALLIANCE'S MISSION IS TO ENHANCE THE ECONOMIC WELL-BEING OF OUR REGION THROUGH QUALITY, SUSTAINABLE JOB CREATION AND STRATEGIC WORKFORCE DEVELOPMENT PARTNERSHIPS.
Program accomplishments
- TO ENHANCE THE ECONOMIC WELL-BEING OF OUR REGION THROUGH QUALITY, SUSTAINABLE JOB CREATION AND STRATEGIC WORKFORCE DEVELOPMENT PARTNERSHIPS.Expenses $39,624,785
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
- 87-2462918
- 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
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $14,889,568
- Income (IRS master file)
- $40,904,094
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $40,904,094 | $39,727,544 | $14,889,568 | IRS |
| 990 | June 2024 | $7,853,702 | $7,001,887 | $36,223,125 | XML |
| 990 | June 2023 | $12,824,378 | $836,011 | $13,506,014 | XML |
| 990 | June 2022 | $1,456,052 | $277,688 | $1,180,033 | IRS |
| 990-N for 2020 Officer: Reid Williams | June 30, 2021 | ≤ $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 87-2462918).
Questions about I-95 1-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE INC
- What is the EIN of I-95 1-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE INC?
- The employer identification number (EIN) of I-95 1-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE INC is 87-2462918.
- Is I-95 1-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to I-95 1-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does I-95 1-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE 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 I-95 1-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE 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 I-95 1-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE 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 I-95 1-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE INC?
- The 990 for the year ended June 30, 2025 names REID WILLIAMS.
- Who are the officers and directors of I-95 1-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $105,292 (REID WILLIAMS, PRESIDENT).
- How much revenue does I-95 1-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $40,904,094, expenses of $39,727,544 and total assets of $14,889,568 at year end.
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