Overview

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Est.

2002

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Burke Development Inc is a nonprofit organization focused on economic development in Burke County. With a mission to encourage and promote industrial and commercial growth, tourism, and assist new businesses, the organization operates with an annual budget of $1.2 million and total revenue of $2 million for the filing year 2025. It does not rely on a single funder for 50% or more of its revenue, ensuring diverse support for its initiatives. For more information, visit burkedevinc.com.

Mission Statement

TO ENCOURAGE AND PROMOTE INDUSTRIAL AND COMMERCIAL GROWTH, TOURISM AND TO ASSIST NEW BUSINESSES IN BURKE COUNTY
Revenues
$2M
Expenses
$1.2M
Net Income:
+$734.3K
Assets
$39M
Liabilities
$35.6M
Net Assets:
+$3.5M
Operating Budget
$1.2M
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
$50K
Largest grant received
$50K
A
Alan Wood
Board Member
C
Charles Watts
Board Member
B
Brian Epley
Board Member

Frequently Asked Questions

What is BURKE DEVELOPMENT INC’s budget?
In 2025, BURKE DEVELOPMENT INC reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does BURKE DEVELOPMENT INC support?
BURKE DEVELOPMENT INC supports work in Economic development.
Where does BURKE DEVELOPMENT INC operate?
BURKE DEVELOPMENT INC is headquartered in Morganton, NC.
Who funded BURKE DEVELOPMENT INC recently?
In 2024, BURKE DEVELOPMENT INC received grants from The Golden LEAF Inc, BLUE RIDGE HEALTHCARE HOSPITALS INC, and BLUE RIDGE HEALTHCARE HOSPITALS INC. More information on this organization’s funders is available to registered users.
What is the largest grant BURKE DEVELOPMENT INC received in 2024?
The largest grant to BURKE DEVELOPMENT INC in 2024 exceeds $50 thousand.
What is BURKE DEVELOPMENT INC’s reliance on government grants?
BURKE DEVELOPMENT INC relied on government grants for more than 20% of their total revenue in 2025.