YADKIN VALLEY ECONOMIC DEVELOPMENT DISTRICT INC

YADKIN VALLEY ECONOMIC DEVELOPMENT DISTRICT INC

Boonville, NC, US
501(c)3
EIN
56-0851147

YADKIN VALLEY ECONOMIC DEVELOPMENT DISTRICT INC

Boonville, NC, US
501(c)3
EIN
56-0851147

Income Statement

Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2025

$13,573,389

Government Grants
N/A
Program Services
N/A
Contributions
N/A
Fundraising Events
N/A
Membership Dues
N/A
Investments
N/A
Expenses in 2025

$12,648,731

Salaries & Benefits
58%
Offices, Occupancy & IT
23%
Other
11%
Fees to Service Providers
4%
Depreciation
3%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$1,453,189
$873,865
-40%
Government Grants
$9,561,773
$10,598,085
+11%
Fundraising Events
$0
$0
-
Program Services
$4,810,213
$2,104,133
-56%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$8,463
-$2,694
-132%
Total Revenues
$15,833,638
$13,573,389
-14%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,260,281
$7,366,923
+1%
Fees to Service Providers
$785,386
$508,106
-35%
Advertising & Promotion
$138,158
$94,702
-31%
Offices, Occupancy & IT
$1,225,159
$2,876,808
+135%
Interest
$4,385
$4,766
+9%
Depreciation
$386,888
$357,438
-8%
Other
$6,261,911
$1,439,988
-77%
Total Expenses
$16,062,168
$12,648,731
-21%
Net income
2024
2025
Change
Net income
-$228,530
+$924,658
-505%
Functional Expenses
Summary
2024
2025
Change
Program
$14,802,402
$11,449,128
-23%
Admin
$1,259,766
$1,199,603
-5%
Fundraising
$0
$0
-
Total Expenses
$16,062,168
$12,648,731
-21%
Income Statement
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