PIEDMONT TRIAD PARTNERSHIP: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
PIEDMONT TRIAD PARTNERSHIP (EIN 56-1750279)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-05
IRS object ID
202601259349300025
Schema version
2025v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-05T10:18:24-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560570567PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DMJPS PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1703 GREEN VALLEY ROAD SUITE 201AddressLine1Txt
CityGREENSBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27408ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN561750279EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PIEDMONT TRIAD PARTNERSHIPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPIEDBusinessNameControlTxt
Phone3366684556PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1416 GALLIMORE DAIRY RD MAddressLine1Txt
CityGREENSBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27409ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMIKE FOXPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone3366680473PhoneNum
Signature2026-04-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAMY B THABET CPAPreparerPersonNm
PTINP01243405PTIN
Phone3362759886PhoneNum
Preparation2026-04-27PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMIKE FOXPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1416 GALLIMORE DAIRY RD MAddressLine1Txt
CityGREENSBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27409ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,943,011GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PIEDMONTTRIADNC.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1991FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionTO SERVE AS A REGIONAL ORGANIZATION TO PROMOTE THE TWELVE COUNTY AREA PIEDMONT TRIAD, NORTH CAROLINA, FOR THE PURPOSE OF ENHANCING ECONOMIC DEVELOPMENT OPPORTUNITIES.ActivityOrMissionDesc
Voting Members Governing Body56VotingMembersGoverningBodyCnt
Voting Members Independent56VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,716,113PYContributionsGrantsAmt
CY Contributions Grants$1,771,918CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$29,970PYInvestmentIncomeAmt
CY Investment Income$31,199CYInvestmentIncomeAmt
PY Other Revenue$107,000PYOtherRevenueAmt
CY Other Revenue$139,894CYOtherRevenueAmt
PY Total Revenue$1,853,083PYTotalRevenueAmt
CY Total Revenue$1,943,011CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$75,898PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$75,870CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,460,335PYOtherExpensesAmt
CY Other Expenses$1,721,269CYOtherExpensesAmt
PY Total Expenses$1,536,233PYTotalExpensesAmt
CY Total Expenses$1,797,139CYTotalExpensesAmt
PY Revenues Less Expenses$316,850PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$145,872CYRevenuesLessExpensesAmt
Total Assets BOY$1,583,079TotalAssetsBOYAmt
Total Assets EOY$1,743,183TotalAssetsEOYAmt
Total Liabilities BOY$191,222TotalLiabilitiesBOYAmt
Total Liabilities EOY$205,454TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,391,857NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,537,729NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE PARTNERSHIP WAS FORMED TO SERVE AS A REGIONAL ORGANIZATION TO MARKET, ADVERTISE AND PROMOTE THE 12 COUNTY AREA OF THE PIEDMONT TRIAD REGION OF NORTH CAROLINA, FOR THE PURPOSE OF ENHANCING ECONOMIC DEVELOPMENT OPPORTUNITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$359,485ExpenseAmt
DescREGIONAL MARKETING AND COMMUNICATIONS:PTP CONTINUED ITS PROGRAM OF WORK IN ECONOMIC DEVELOPMENT MARKETING AND BUSINESS DEVELOPMENT THROUGH BRANDING AND MARKETING THE CAROLINA CORE BRAND. FUNDS WERE SPENT TO AUGMENT AND REFRESH COLLATERAL SUPPORTING THE OVERARCHING MESSAGES, TRAVELING TO INDUSTRY MEETINGS AND ONE-ON-ONE MEETINGS WITH SITE CONSULTANTS WITH COMPANIES AND ADVISORS TO COMPANIES, ADVERTISING IN PRINT AND DIGITAL MEDIA, AND THE PERSONNEL TO SUPPORT THESE ACTIVITIES. THE TACTICS FOCUSED ON INDUSTRIAL PRODUCT DEVELOPMENT, TALENT AND WORKFORCE DEVELOPMENT, AS WELL AS OTHER PROMISING SECTORS IN ADVANCED TECHNOLOGY AND MANUFACTURING FIELDS. ACTIVITIES IDENTIFIED NEW PROSPECTS FOR JOB GROWTH IN THE REGION, SUPPORTED THE PROGRESS OF COMPANIES MAKING BUSINESS LOCATION DECISIONS, AND PROMOTED THE REGION THROUGH MEDIA AND PUBLIC RELATIONS. THE PROGRAM WAS EXPANDED TO INCLUDE MARKETING TO TALENT OR PERSONS WHO MIGHT LOCATE IN THE REGION, IN ADDITION TO MARKETING TO BUSINESSES. THIS IS A RESPONSE TO THE NEEDS OF REGIONAL BUSINESSES FOR AN INCREASED TALENT POOL TO FUEL ECONOMIC SUCCESS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,139,947ExpenseAmt
Revenue$139,894RevenueAmt
DescREGIONAL ECONOMIC DEVELOPMENT:REGIONAL ECONOMIC DEVELOPMENT FOCUSES IN SEVERAL AREAS. THE FOCUS IS TOWARD THE FOLLOWING DEVELOPMENT AND STRATEGIC AREAS:IDETIFYING AND COMMUNICATING WITH COMPANIES THAT WILL INVEST IN AND ADD JOBS IN THE REGION, DEVELOPMENT OF THE TALENT PIPELINE AND DEVELOPMENT SYSTEMS IN THE REGION, AND SUPPORT FOR REGIONAL INFRASTRUCTURE IMPROVEMENTS FOR ECONOMIC DEVELOPMENT PRIORITIESDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,499,432TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document17IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members56GoverningBodyVotingMembersCnt
Independent Voting Member56IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BETSY HARRISBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3366684556PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1416 GALLIMORE DAIRY RD SUITE MAddressLine1Txt
CityGREENSBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27409ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (56 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BILL SMITH
SECRETARY/TREASURER1.00Yes (X)Yes (X)$0$0$0
ROBERT LONG
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
DONALD FLOW
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
NIDO QUEBEIN
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
SCOTT BAXTER
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
LOUIS DEJOY
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
ALLEN GANT
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
HAROLD MARTIN
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
ARTHUR SAMET
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
DAVID ALLEN
BOARD MEMBER1.00Yes (X)$0$0$0
SPENCER BAIRD
BOARD MEMBER1.00Yes (X)$0$0$0
ANITA BACHMANN
BOARD MEMBER1.00Yes (X)$0$0$0
APRILLE BELL
BOARD MEMBER1.00Yes (X)$0$0$0
GRAHAM BENNETT
BOARD MEMBER1.00Yes (X)$0$0$0
DR CONNIE BOOK
BOARD MEMBER1.00Yes (X)$0$0$0
LOUISE BRADY
BOARD MEMBER1.00Yes (X)$0$0$0
MARK BRAZIL
BOARD MEMBER1.00Yes (X)$0$0$0
BONITA BROWN
BOARD MEMBER1.00Yes (X)$0$0$0
JOE BUDD
BOARD MEMBER1.00Yes (X)$0$0$0
JENNIFER BYRNE
BOARD MEMBER1.00Yes (X)$0$0$0
MARY JO CAGLE
BOARD MEMBER1.00Yes (X)$0$0$0
ELISE PETERS CAREY
BOARD MEMBER1.00Yes (X)$0$0$0
CINDY CLARE
BOARD MEMBER1.00Yes (X)$0$0$0
DAVID CONGDON
BOARD MEMBER1.00Yes (X)$0$0$0
GREG COX
BOARD MEMBER1.00Yes (X)$0$0$0
ADAM CURRIE
BOARD MEMBER1.00Yes (X)$0$0$0
CHRIS DUNBAR
BOARD MEMBER1.00Yes (X)$0$0$0
ROBERT EGLESTON
BOARD MEMBER1.00Yes (X)$0$0$0
JULIE ANN FREISCHLAG
BOARD MEMBER1.00Yes (X)$0$0$0
FRANK GILLIAM
BOARD MEMBER1.00Yes (X)$0$0$0
DAVID GRIFFIN JR
BOARD MEMBER1.00Yes (X)$0$0$0
TRAVIS RHODES
BOARD MEMBER1.00Yes (X)$0$0$0
JAMES MARTIN
BOARD MEMBER1.00Yes (X)$0$0$0
AIMEE MCWHORTER
BOARD MEMBER1.00Yes (X)$0$0$0
CLARENCE MCDONALD
BOARD MEMBER1.00Yes (X)$0$0$0
ED KITCHEN
BOARD MEMBER1.00Yes (X)$0$0$0
JOHN MORROW
BOARD MEMBER1.00Yes (X)$0$0$0
DAVID MOUNTS
BOARD MEMBER1.00Yes (X)$0$0$0
DAVID NEILL
BOARD MEMBER1.00Yes (X)$0$0$0
NICOLE PETERS
BOARD MEMBER1.00Yes (X)$0$0$0
BILL ROBERTS
BOARD MEMBER1.00Yes (X)$0$0$0
NICOLE BRENNER
BOARD MEMBER1.00Yes (X)$0$0$0
BRIAN STADING
BOARD MEMBER1.00Yes (X)$0$0$0
BEN STATON
BOARD MEMBER1.00Yes (X)$0$0$0
ROBIN TEAM
BOARD MEMBER1.00Yes (X)$0$0$0
MIKE TROPSHA
BOARD MEMBER1.00Yes (X)$0$0$0
RICHARD VANORE
BOARD MEMBER1.00Yes (X)$0$0$0
PETER VOORHOEVE
BOARD MEMBER1.00Yes (X)$0$0$0
MICHAEL WALKER
BOARD MEMBER1.00Yes (X)$0$0$0
SUSAN WENTE
BOARD MEMBER1.00Yes (X)$0$0$0
TAYLOR WILLIAMS
BOARD MEMBER1.00Yes (X)$0$0$0
TODD WILLIAMS
BOARD MEMBER1.00Yes (X)$0$0$0
HIDETO YAMASAKI
BOARD MEMBER1.00Yes (X)$0$0$0
PATRICK MESSINGER
BOARD MEMBER1.00Yes (X)$0$0$0
MIKE FOX
PRESIDENT AND CEO25.00Yes (X)$219,996$0$0
STANHOPE KELLY
EXECUTIVE CHAIRMAN5.00Yes (X)$40,000$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$259,996TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

FieldValueIRS element (for citing)
PersonCOMMUNITY CAPACITY LLCPersonNm

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line13409 DOGWOOD DRIVEAddressLine1Txt
CityGREENSBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27403ZIPCd
FieldValueIRS element (for citing)
ServicesADMINISTRATIVE/ECONOMIC DEVELOPMENTServicesDesc
Compensation$157,500CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,771,918AllOtherContributionsAmt
Total Contributions$1,771,918TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$31,199TotalRevenueColumnAmt
Exclusion$31,199ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FOREIGN TRADE ZONE INC561499$120,815$120,815
BUSINESS DEVELOPMENT M561499$19,079$19,079
FieldValueIRS element (for citing)
Other Revenue Total$139,894OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,943,011TotalRevenueColumnAmt
Related Or Exempt Func Income$139,894RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$31,199ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$61,216TotalAmt
Program Services$30,608ProgramServicesAmt
Management And General$30,608ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$9,060TotalAmt
Program Services$4,529ProgramServicesAmt
Management And General$4,531ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,594TotalAmt
Program Services$2,797ProgramServicesAmt
Management And General$2,797ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$239,800TotalAmt
Program Services$104,189ProgramServicesAmt
Management And General$135,611ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$77,897TotalAmt
Program Services$77,897ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,748TotalAmt
Management And General$3,748ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$34,797TotalAmt
Program Services$19,300ProgramServicesAmt
Management And General$15,497ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,428TotalAmt
Management And General$3,428ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$5,877TotalAmt
Management And General$5,877ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$528TotalAmt
Management And General$528ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,416TotalAmt
Management And General$4,416ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
MORE IN THE CORE CAMPAI$612,710$612,710
STRATEGIC PROJECTS/CATA$321,381$321,381
PUBLIC RELATIONS$180,000$180,000
CONTRACT ADMINISTRATION$163,528$101,667$61,861

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$73,159TotalAmt
Program Services$44,354ProgramServicesAmt
Management And General$28,805ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,797,139TotalAmt
Program Services$1,499,432ProgramServicesAmt
Management And General$297,707ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$558,227BOYAmt
EOY$680,732EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$961,075BOYAmt
EOY$992,623EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$27,711EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$18,056LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$14,754LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,830BOYAmt
EOY$3,302EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$59,947BOYAmt
EOY$38,815EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,583,079BOYAmt
EOY$1,743,183EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$38,395BOYAmt
EOY$15,970EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$152,827BOYAmt
EOY$189,484EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$191,222BOYAmt
EOY$205,454EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,391,857BOYAmt
EOY$1,537,729EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,391,857BOYAmt
EOY$1,537,729EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,583,079BOYAmt
EOY$1,743,183EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$145,872ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$988,752CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$984,472CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,516,384CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,716,113CurrentTaxYearMinus1YearAmt
Current Tax Year$1,771,918CurrentTaxYearAmt
Total$6,977,639TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$988,752CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$984,472CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,516,384CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,716,113CurrentTaxYearMinus1YearAmt
Current Tax Year$1,771,918CurrentTaxYearAmt
Total$6,977,639TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,007,185SubstantialContributorsTotAmt
Public Support Total170$3,970,454PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,195CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$26,404CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$29,970CurrentTaxYearMinus1YearAmt
Current Tax Year$31,199CurrentTaxYearAmt
Total$97,768TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$130,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$123,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$145,854CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$107,000CurrentTaxYearMinus1YearAmt
Current Tax Year$139,894CurrentTaxYearAmt
Total$646,248TotalAmt
FieldValueIRS element (for citing)
Total Support$7,721,655TotalSupportAmt
Public Support CY1700.51420PublicSupportCY170Pct
Public Support PY1700.52840PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationFOREIGN TRADE ZONE INCOME - 2021 AMOUNT: $ 130,000. 2022 AMOUNT: $ 123,500. 2023 AMOUNT: $ 117,000. 2024 AMOUNT: $ 107,000. 2025 AMOUNT: $ 120,815. GRANT INCOME - BUSINESS DEVELOPMENT MARKETING CONTRACT INCOME - 2023 AMOUNT: $ 28,854. 2025 AMOUNT: $ 19,079.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersYes (1)VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$0TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,282OtherCostOrOtherBasisAmt
Depreciation$1,980DepreciationAmt
Book Value$3,302BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,774OtherCostOrOtherBasisAmt
Depreciation$12,774DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,302TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
UNEARNED REVENUE$150,000
LEASE LIABILITY$39,484
FieldValueIRS element (for citing)
Total Liability$189,484TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,943,011TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$1,943,011RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,943,011TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,797,139TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,797,139ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,797,139TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE PARTNERSHIP IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3). ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. THE PARTNERSHIP ACCOUNTS FOR UNCERTAIN INCOME TAX POSITIONS BY PRESCRIBING A MINIMUM PROBABILITY THRESHOLD A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT INCOME TAX BENEFIT IS RECOGNIZED. THE MINIMUM THRESHOLD IS DEFINED AS A TAX POSITION, BASED SOLELY ON ITS TECHNICAL MERITS, THAT WOULD MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAX AUTHORITY WITH KNOWLEDGE OF THE SAME FACTS. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE RESOLUTION. BASED ON ALL KNOWN FACTS AND CIRCUMSTANCES AND CURRENT TAX LAW, THE PARTNERSHIP BELIEVES THE TOTAL AMOUNT OF UNCERTAIN INCOME TAX POSITION LIABILITIES AND RELATED ACCRUED INTEREST ARE NOT MATERIAL TO ITS FINANCIAL POSITION. AS OF DECEMBER 31, 2025 AND INCLUDING THE PREVIOUS THREE YEARS CONSIDERING EXTENSIONS, THE PARTNERSHIP'S INCOME TAX RETURNS ARE OPEN AND SUBJECT TO EXAMINATION BY TAX AUTHORITIES WITH RELEVANT JURISDICTION. SHOULD SUCH AN EXAMINATION TAKE PLACE, MANAGEMENT DOES NOT ANTICIPATE ANY SIGNIFICANT ISSUES RELATED TO THE OPEN YEARS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMIKE FOXPersonNm
TitlePRESIDENT AND CEOTitleTxt
Base Compensation Filing Org$219,996BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$219,996TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2THE PIEDMONT TRIAD AREA IS A THRIVING COMMUNITY WHERE LOCAL AND STATE GOVERNMENTS AND BUSINESSES HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER. SEVERAL BOARD MEMBERS WORK FOR VARIOUS COMPANIES AND LOCAL GOVERNMENTS IN THE STATE OF NORTH CAROLINA AND AT ONE TIME OR ANOTHER HAVE ENGAGED IN BUSINESS RELATIONSHIPS WITH EACH OTHER.
FORM 990, PART VI, SECTION B, LINE 11BTHE FINANCE COMMITTEE EMPOWERED WITH AUTHORITY BY THE BOARD OF DIRECTORS, REVIEWS AND APPROVES THE 990 ON BEHALF OF THE BOARD OF DIRECTORS PRIOR TO ITS FILING
FORM 990, PART VI, SECTION B, LINE 12CTHE DIRECTOR, OFFICER OR KEY EMPLOYEE WITH A CONFLICT OF INTEREST MAY PARTICIPATE IN THE DISCUSSION, BUT MAY NOT VOTE ON THE TRANSACTION. DIRECTORS, OFFICERS, AND KEY EMPLOYEES DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15THE PRESIDENT'S AND EXECUTIVE VICE PRESIDENT'S COMPENSATION REQUIRES REVIEW, APPROVAL AND DOCUMENTATION IN WRITING BY BOARD MEMBERS ENTRUSTED WITH THAT DUTY AND IS DETERMINED BY UTILIZING COMPARABILITY DATA.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS ARE EMAILED TO INVESTORS AND POTENTIAL INVESTORS EACH MONTH IN ADDITION TO BEING DISTRIBUTED AT BOARD MEETINGS. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GPROFESSIONAL CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 104,189. MANAGEMENT AND GENERAL EXPENSES 135,611. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 239,800.
FORM 990, PART XII LINE 2CTHE ORGANIZATION HAS NOT CHANGED ITS PROCESS FOR OVERSIGHT OF THE AUDIT OR SELECTION OF AN INDEPENDENT ACCOUNTANT FROM THE PRIOR TAX YEAR.

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