VALDESE, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VALDESE ECONOMIC DEVELOPMENT INVEST CORPORATION, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $288K in total revenue in fiscal year 2022. The organization ran a surplus of $89K, a strong 31% operating margin.
TO ENGAGE IN CHARITABLE AND EDUCATIONAL EFFORTS AND SPECIFICALLY SUPPORT ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT IN VALDESE NC AND BURKE COUNTY NC, THEREBY CREATING JOBS, INCREASING THE TAX BASE, AND IMPROVING QUALITY OF LIFE IN VALDESE NC AND BURKE COUNTY NC
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $288,431 | $283,103 | +0.0% |
| Expenses | $199,193 | $145,673 | +0.4% |
| Net Income | $89,238 | $137,430 | -0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KERRI POTEAT | DIRECTOR | 40.00 |
Director
|
$72,711 | $0 | $72,711 |
| JESSICA BARGSLEY | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TIMOTHY BARUS | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT BENFIELD | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN BRANSTROM | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SETH ECKARD | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KYLIE GERA | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHARON JABLONSKI | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICK JUSTICE | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LILY LARAMIE | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CLYDE MCSWAIN | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT MULWEE | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY PAGE | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN ROBINSON | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT R ROBINSON | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARLA THOMPSON | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SUZANNE WALLACE | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DONNA ZAMORA | BOARDMEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHNNY BERRY | TREASURER | 2.00 |
Officer
|
$0 | $0 | $0 |
| SHERRI BRADSHAW | SECRETARY | 2.00 |
Officer
|
$0 | $0 | $0 |
| SHERRY LONG | CHAIRMAN | 2.00 |
Officer
|
$0 | $0 | $0 |
| TONIA STEPHENSON | VICE CHAIR | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $288,431 | $199,193 | $3,398,377 | $89,238 |
| 2022 | $283,103 | $145,673 | $3,433,560 | $137,430 |
| 2021 | $336,472 | $175,710 | $3,414,352 | $160,762 |
| 2020 | $340,496 | $234,661 | $3,245,163 | $105,835 |
| 2019 | $306,061 | $209,256 | $3,146,157 | $96,805 |
| 2018 | $253,143 | $244,598 | $3,139,700 | $8,545 |
Compare VALDESE ECONOMIC DEVELOPMENT INVEST CORPORATION with other nonprofits in North Carolina and across the country.