Organizations Filed Purposes:
Encourage and facilitate economic and community development in Durham, NC. To raise the economic welfare of low-income and underprivileged residents of Durham, NC. Maintain industrial park facilities.
Development and maintenance of the 91 acre UDI Industrial Park and to empower historically disadvantaged and low asset community-based entrepreneurs by expanding their business techniques knowledge base, facilitating cooperative partnerships, and cultivating job creation and retention in the Durham, NC corridor. Includes the Gateway Project-renovation and upfit of a mixed-use facility for retail, business incubation, offices, and residential accomodations in Downtown Durham and Revolving Loan Fund
The Corporation provides office space and business support for small business owners and start-up companies in its Business Resource Center, located in Downtown Durham.
Developed a hydroponics Urban Farm, which consists of 2 greenhouses, operated by a farming business which leases the property from UDI. The project is part of a pilot project, which provides jobs and may ultimately serve as a replicable model.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| William V Bell | Vice President | 40 | $0 |
| R Edward Stewart | President CEO | 40 | $0 |
| Melvin Davis | Director | 0.5 | $0 |
| Larry Yon Ii | Director | 0.5 | $0 |
| Wendell Davis | Director | 0.5 | $0 |
| Mayme Webb-Bledsoe | Director | 0.5 | $0 |
| Walter Don Harrington | Treasurer | 1 | $0 |
| Michael Palmer | Vice Chairman | 1 | $0 |
| Albernard Bass | Chairman | 2 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202011969349304016_public.xml