Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Cherryville Community Development Corporation (EIN: 56-1470584) is a nonprofit organization dedicated to aiding, pursuing, and encouraging economic development in the Cherryville, NC area. With an operating budget of $752 and total revenue of $21.2K for the filing year 2025, the organization is primarily focused on community improvement. Notably, it relies on a significant unknown funder, which contributes $125.9 million, indicating a potential dependency on a single source for a substantial portion of its revenue.

Mission Statement

TO AID, PURSUE AND ENCOURAGE ECONOMIC DEVELOPMENT IN THE CHERRYVILLE, NC AREA.
Revenues
$21.2K
Expenses
$752
Net Income:
+$20.4K
Assets
$288.2K
Liabilities
N/A
Net Assets:
N/A
Operating Budget
$752
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$36
Largest grant received
$36
P
Palmer E Huffstetler Sr
Board Member
D
D M Payseur
Board Member
S
Susan Lewis
Board Member

Frequently Asked Questions

What is CHERRYVILLE COMMUNITY DEVELOPMENT CORPORATION’s budget?
In 2025, CHERRYVILLE COMMUNITY DEVELOPMENT CORPORATION reported an annual operating budget of around <$1,000. More detailed financial information is available to registered users.
What causes does CHERRYVILLE COMMUNITY DEVELOPMENT CORPORATION support?
CHERRYVILLE COMMUNITY DEVELOPMENT CORPORATION supports work in Community improvement.
Where does CHERRYVILLE COMMUNITY DEVELOPMENT CORPORATION operate?
CHERRYVILLE COMMUNITY DEVELOPMENT CORPORATION is headquartered in Cherryville, NC.
Who funded CHERRYVILLE COMMUNITY DEVELOPMENT CORPORATION recently?
In 2021, CHERRYVILLE COMMUNITY DEVELOPMENT CORPORATION received grants from DUKE ENERGY FOUNDATION, DUKE ENERGY FOUNDATION, and DUKE ENERGY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant CHERRYVILLE COMMUNITY DEVELOPMENT CORPORATION received in 2021?
The largest grant to CHERRYVILLE COMMUNITY DEVELOPMENT CORPORATION in 2021 exceeds <$1,000.