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Cherryville Community Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561470584 ✦ Cherryville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Cherryville Community Development Corporation?

The Cherryville Community Development Corporation is a nonprofit organization situated in Cherryville, North Carolina. Its primary goal is to stimulate and promote economic growth within the local community. The corporation proactively seeks out opportunities to boost the region's economy, contributing to its overall development.

Is Cherryville Community Development Corporation legitimate?

Cherryville Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cherryville Community Development Corporation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Cherryville Community Development Corporation?

The Cherryville Community Development Corporation is committed to assisting and promoting economic development in its respective area. The organization proactively seeks opportunities to boost economic growth within the community, actively pursuing advancements to enhance its economic standing.

Who is the CEO of Cherryville Community Development Corporation?

D M Payseur is the President of Cherryville Community Development Corporation.

What is the revenue of Cherryville Community Development Corporation?

Cherryville Community Development Corporation's revenue in 2023 was $6,026.

Who are the executives of Cherryville Community Development Corporation and what are their salaries?


Here are 7 key members and their salaries:


D M Payseur (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Palmer E Huffstetler Sr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Blackburn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Stroupe (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Randall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Lewis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reggie Walker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Cherryville Community Development Corporation?

Cherryville Community Development Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Cherryville Community Development Corporation

The Cherryville Community Development Corporation is committed to assisting, promoting, and enhancing economic development within its sphere. This organization actively seeks out opportunities to boost the economic growth of the community it serves. By pursuing these opportunities, the Cherryville Community Development Corporation aims to advance and foster a thriving economy within its jurisdiction.

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Impact




August, 2024

Cherryville Community Development Corporation plays a vital role in advancing economic development in Cherryville, NC. The organization actively works to enhance economic growth within the community, creating opportunities for local businesses and residents. Through its initiatives and projects, Cherryville Community Development Corporation is making a positive impact on the economic well-being of the Cherryville area.




This information is meant to be a general summary of Cherryville Community Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,026 (2023)
Expenses
$650 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,273
  • Gross Receipts: $27,820

Assets and Liabilities:

  • Total Assets: $252,415
  • Total Liabilities: $0
  • Net Assets: $252,415

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Organization Details

Principal Officer

D M Payseur

Main Address

2141 FAIRWAYS DRIVE, CHERRYVILLE, NC, 28021

NTEE Category

Code: S20 - Community improvement

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