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Piedmont Triad Regional Development Corporation

Piedmont Triad Regional Development Corporation

Kernersville, NC 27284
Tax ID56-1438854

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About this organization

Revenue

$725,286

Expenses

$170,182

Website

ptrc.org

Mission

Processing SBA Section 504 loans. Development and implementation of the comprehensive economic development strategy for the Piedmont Triad Economic Development District.

About

Furthering economic development and social welfare of the surrounding areas by assisting with SBA Section 504 loan applications and approving loans.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “Processing sba section 504 loans. development and implementation of the comprehensive economic development strategy for the piedmont triad economic development district.”.

When explaining its purpose, the activities were described as: “Processing sba section 504 loans. development and implementation of the comprehensive economic development strategy for the piedmont triad economic development district.”.

  • The non-profit is legally allowed to operate in the state of NC, as reported.
  • The filing provides the non-profit's address in 2020 as 1398 CARROLLTON CROSSING DRIVE, KERNERSVILLE, NC, 27284.
  • The non-profit has a total of 0 employees, as reported on their form for 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $555,104.
  • The CEO remuneration policy within the organization is not established through a review and endorsement from a neutral party.
  • The organization has 33 independent voting members.
  • The organization was formed in 1983.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $37,702 in salary, compensation, and benefits to its employees.
  • The organization pays $2,010 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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