RURAL ECONOMIC DEVELOPMENT CENTER INC
4021 CARYA DRIVE, RALEIGH, NC 27610 www.ncruralcenter.org

Total Revenue
$7,448,090
Total Expenses
$8,603,886
Net Assets
$62,714,512

Organizations Filed Purposes: THE MISSION OF THE ORGANIZATION IS TO DEVELOP, IMPLEMENT AND PROMOTE SOUND ECONOMIC STRATEGIES THAT IMPROVE THE QUALITY OF LIFE OF RURAL NORTH CAROLINIANS, WITH A SPECIAL FOCUS ON INDIVIDUALS WITH LOW TO MODERATE INCOMES AND COMMUNITIES WITH LIMITED RESOURCES.

CONDUCTING POLICY RESEARCH FOCUSED ON IMPROVING ECONOMIC CONDITIONS,STRENGTHENING INFRASTRUCTURE, SUPPORTING INCREASED ENTREPRENEURIALDEVELOPMENT, AND INCREASING THE NUMBER OF JOBS AVAILABLE IN RURALAREAS.

SMALL BUSINESS / ENTREPRENEURSHIP: THE RURAL CENTER DELIVERS CRITICAL RESOURCES TO SUPPORT EXISTING BUSINESSES AND ENABLE THE EMERGENCE OF SUCCESSFUL, NEW ENTREPRENEURS. THE RURAL CENTER WORKS WITH INDIVIDUALS TRYING TO START OR EXPAND A SMALL BUSINESS BY CONNECTING THEM TO CAPITAL, COACHING, AND COMMUNITY RESOURCES. SMALL BUSINESSES ARE THE BACKBONE OF OUR RURAL ECONOMIES AND THE LIFEBLOOD OF OUR STATE'S SMALL TOWNS.THE RURAL CENTER BELIEVES EQUITABLE ECONOMIC GROWTH ACROSS OUR STATE DEPENDS ON SUSTAINING RURAL SMALL BUSINESSES AND NURTURING SMALL-TOWN ENTREPRENEURS. THE CENTER OPERATES A MICRO-LOAN FUND AND SEVERAL ENTREPRENEURIAL SUPPORT PROGRAMS TO FOSTER RURAL BUSINESSES. THE CENTER ALSO OPERATES THE LOAN PARTICIPATION PROGRAM AND THE CAPITAL ACCESS PROGRAM TO SUPPORT PRIVATE SECTOR CAPITAL FORMATION IN ALL 100 NORTH CAROLINA COUNTIES.

LEADERSHIP & ENGAGEMENT: THE RURAL CENTER HELPS RURAL COMMUNITIES ARTICULATE CLEAR VISIONS, INVEST IN BUILDING THEIR ASSETS, AND CREATE CULTURES OF COLLABORATIVE PROBLEM SOLVING. AS A PROMOTER OF LEADERSHIP THAT IS INCLUSIVE, CONNECTED, INFORMED, AND CREATIVE, THE RURAL CENTER NURTURES THE STATE'S NEXT GENERATION OF RURAL LEADERS. THE CENTER WORKS TO EQUIP COMMUNITIES WITH THE KNOWLEDGE AND TOOLS NECESSARY TO MANAGE THE CHALLENGES OF A CHANGING ECONOMIC LANDSCAPE AND TO PROMOTE SUSTAINED ECONOMIC AND COMMUNITY DEVELOPMENT. THE CENTER'S RURAL ECONOMIC DEVELOPMENT INSTITUTE (REDI) HAS TRAINED MORE THAN 1,200 RURAL LEADERS SINCE 1989. THE COMMUNITY ENGAGEMENT PROGRAM PROVIDES CAPACITY BUILDING, TECHNICAL ASSISTANCE AND TRAINING TO RURAL COMMUNITIES. THE CENTER ALSO OFFERS CUSTOMIZED ECONOMIC AND COMMUNITY DEVELOPMENT TRAINING TO REGIONAL PARTNERS, INDUSTRY GROUPS, AND OTHER AGENCIES.

PUBLIC AFFAIRS: THE RURAL CENTER SERVES AS THE STATE'S LEADING ADVOCATE FOR ITS MANY RURAL COMMUNITIES. THE RURAL CENTER PROVIDES LOCAL, REGIONAL, AND STATE LEADERS THE INFORMATION THEY NEED TO BE INFORMED ON THE IMPORTANT RURAL ISSUES. THE CENTER IDENTIFIES SPECIFIC TOPICS FOR MORE IN-DEPTH EXPLORATION AND PARTNERS WITH EXPERTS TO LIFT UP POLICY AND RESEARCH THAT INFORMS THE DECISIONS OF TODAY AND HELPS PLAN FOR THE CHOICES OF TOMORROW. WITH A VOICE INFORMED BY DATA, RESEARCH, AND BEST PRACTICES, THE CENTER ADVOCATES ON THE LOCAL, STATE, AND FEDERAL LEVELS FOR THE COMPELLING ISSUES FACING RURAL COMMUNITIES: ISSUES LIKE SMALL BUSINESS DEVELOPMENT, BROADBAND ACCESS, HEALTHCARE, EDUCATION, ENERGY, WORKFORCE DEVELOPMENT, AND INFRASTRUCTURE.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Patrick WoodiePRESIDENT40$149,138
Barry RyanVICE PRESIDENT40$109,176
Todd BrantleySENIOR DIRECTOR - PUBLIC AFFAIRS40$103,642
Mary K CliffordSENIOR DIRECTOR, FINANCE AND ADMIN.40$90,317
Jennifer Tolle WhitesideBOARD MEMBER1$0
Dennis TraczBOARD MEMBER1$0
Sarah ThompsonBOARD MEMBER1$0
Joseph StanleyBOARD MEMBER (FROM AUG '18)1$0
Alice SchenallBOARD MEMBER1$0
Jim RoseBOARD MEMBER1$0
Juvencio Rocha-PeraltaBOARD MEMBER1$0
Rev Alan RiceBOARD MEMBER1$0
John NelmsBOARD MEMBER1$0
Phil MarionBOARD MEMBER1$0
Ben KnightBOARD MEMBER1$0
Lenora Jarvis-MackeyBOARD MEMBER1$0
Nelle HotchkissBOARD MEMBER1$0
Debbie HamrickBOARD MEMBER1$0
Patricia FergusonBOARD MEMBER1$0
Charles BrownBOARD MEMBER (TO JAN '19)1$0
Leslie BoneyBOARD MEMBER1$0
Helen Ruth AlmondBOARD MEMBER (TO NOV '18)1$0
W Ted AlexanderBOARD MEMBER (TO JAN '19)1$0
Cece HippsTREASURER1$0
Lige DaughtridgeSECRETARY1$0
Andy AndersonVICE CHAIR1$0
Grant GodwinCHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202041369349300209_public.xml