FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION
201 HAY STREET NO 401A, FAYETTEVILLE, NC 28301 www.fayedc.com

Total Revenue
$891,572
Total Expenses
$926,346
Net Assets
$563,474

Organizations Filed Purposes: THE FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION WAS FORMED IN DECEMBER 2015 TO ENGAGE IN ECONOMIC DEVELOPMENT ACTIVITIES INTENDED TO REDUCE THE BURDEN ON GOVERNMENT BY INCREASING THE TAX BASE OF THE COMMUNITY AND CREATE NEW JOBS IN THE CITY OF FAYETTEVILLE AND CUMBERLAND COUNTY.

TO ENGAGE IN ECONOMIC DEVELOPMENT ACTIVITIES INTENDED TO REDUCE THE BURDEN ON GOVERNMENT

THE ORGANIZATION WORKS TO ATTRACT NEW BUSINESSES AND INDUSTRIES TO THE AREA THUS INCREASING THE TAX BASE AND CREATING NEW JOBS.

THE ORGANIZATION WORKS WITH EXISTING BUSINESSES AND INDUSTRY IN CUMBERLAND COUNTY TO ENSURE THAT THEIR NEEDS RELATED TO OPERATING EFFECTIVELY AND EFFICIENTLY ARE BEING MET BY THE PUBLIC AND PRIVATE SECTOR AND TO ASSIST THEM WITH PLANNED EXPANSION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Robert Michael VangeonsPRESIDENT & CEO40$175,323
Rajan ShamdasaniBOARD MEMBER 12-1-19 TO 6-30-201$0
Michael MccollumBOARD MEMBER 7-1-19 TO 12-1-191$0
Dohn BroadwellBOARD MEMBER1$0
Bobby Suggs JrBOARD MEMBER1$0
Marshall FairclothBOARD MEMBER 12-1-19 TO 6-30-201$0
Jeanette CouncilBOARD MEMBER 7-1-19 TO 12-1-191$0
L Wayne SmallsBOARD MEMBER1$0
Mayor Mitch ColvinBOARD MEMBER1$0
Jack RostetterSECRETARY1$0
Kelvin FarmerTREASUER1$0
Vivek TandonVICE CHAIR1$0
Andrew PenninkCHAIRMAN1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043539349300419_public.xml