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Economic Development Partnership of North Carolina Inc.

Economic Development Partnership of North Carolina Inc.

Raleigh, NC 27601
Tax ID46-4840814

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About this organization

Revenue

$23,011,507

Expenses

$23,225,749

Website

edpnc.com

Mission

Collaborating with state, regional, local, and private-sector partners to improve the economic well-being and quality of life for all North Carolinians.

About

EDPNC's travel and tourism division, Visit North Carolina, promotes the state's tourism appeal and industry, which supports more than 225,000 jobs and 45,000 businesses in North Carolina. VisitNC executes marketing programs that advance North Carolina's standing as a major destination for leisure travel, group tours, meetings and conventions, sports events, film production and retirees. The marketing efforts of VisitNC and its public and private partners at the state, regional and local levels exhibited continued success. The latest available figures for calendar 2018 show record growth in domestic U.S. visitor spending in North Carolina at $25.3b, an increase of 5.6% over the previous year.

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “Our mission is to improve the economic well-being and quality of life for all north carolinians. we do this by collaborating with state, regional, local, and private-sector partners in new business recruitment, existing employer support, international trade and export assistance, small business start-up counseling, and tourism promotion.”.

When outlining its functions, they were explained as: “Collaborating with state, regional, local, and private-sector partners to improve the economic well-being and quality of life for all north carolinians.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as NC.
  • The filing records the non-profit's address for 2020 as 150 FAYETTEVILLE STREET NO 1200, RALEIGH, NC, 27601.
  • As of 2020, the non-profit's form reports a total of 84 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$214,242.
  • The organization has 17 independent voting members.
  • The organization was formed in 2013.
  • The organization pays $6,510,640 in salary, compensation, and benefits to its employees.
  • The organization pays $106,486 in fundraising expenses.

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