Citizens Economic Development Inc
Economic Development Rockingham County, North Carolina
Citizens Economic Development Inc at a glance
In short: Citizens Economic Development Inc reported $100 in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- Grants paid (2025)
- $100 — reported as a total on the IRS filing, without an itemized list
- Total assets
- $3,524,457
- +9.4% vs 2024
- Revenue (2025)
- $341,116
- +281.1% vs 2024
- Net investment income (2025)
- $707
- +272.1% vs 2024
- Expenses (2025)
- $39,741
- +13.3% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Citizens Economic Development Inc funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 3 grants of 4 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $100 (2025) to $125K (2021). In 2025 it reported $100 in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Farmina Pet Foods USA LLC New York, NY | Infrastructure | $25,000 |
Ready to take the next step with Citizens Economic Development Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $3,524,457 | $341,116 | $39,741 | $100 | Total only | $707 |
| 2024 | $3,223,082 | $89,514 | $35,064 | — | — | $190 |
| 2023 | $3,439,366 | $93,094 | $109,658 | $25,000 | 1 | $139 |
| 2022 | $3,456,679 | $61,166 | $68,767 | — | — | $14,320 |
| 2021 | $3,464,791 | $178,709 | $183,697 | $124,812 | 3 | $88 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Citizens Economic Development Inc
Based on IRS filings
Citizens Economic Development Inc is a public charity focused on Community Improvement & Capacity Building, based in Wentworth, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.5M in total assets. In 2025, it reported $100 in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $707.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Citizens Economic Development Inc is led by Bill Lester, Chairman on every filing since 2024; none of the 17 officers listed in 2025 report compensation.
Officers on the 2025 filing
Bill Lester
Chairman
On filings since 2024
1 hr/week
No compensation reported
Adam Carroll
Board Member
On filings since 2024
1 hr/week
No compensation reported
Amy Brown
2nd Vice Chair
On filings since 2024
1 hr/week
No compensation reported
Amy Roberts
Board Member
On filings since 2024
1 hr/week
No compensation reported
Bert Bennett
Board Member
On filings since 2024
1 hr/week
No compensation reported
Don Powell
1st Vice Chair
On filings since 2024
1 hr/week
No compensation reported
Hank Henning
Board Member
On filings since 2024
1 hr/week
No compensation reported
John Morrison
Board Member
On filings since 2024
1 hr/week
No compensation reported
Jonathan Jobe
Board Member
On filings since 2024
1 hr/week
No compensation reported
Josh Cleveland
Board Member
On filings since 2024
1 hr/week
No compensation reported
Melody Shuler
Board Member
On filings since 2024
1 hr/week
No compensation reported
Micky Silvers
Board Member
On filings since 2024
1 hr/week
No compensation reported
Pam Cundiff
Secretary & Treasurer
On filings since 2024
1 hr/week
No compensation reported
Steven Ziglar
Board Member
On filings since 2024
1 hr/week
No compensation reported
Sun Breza
Board Member
On filings since 2024
1 hr/week
No compensation reported
Michelle Slaton
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Montana Brown
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (3)
- Former: Kelly Stultz (2024) — Board Member
- Former: Mac Williams (2024) — Board Member
- Former: PDF Attached (2021–2023)
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Citizens Economic Development Inc
How much does Citizens Economic Development Inc give each year?
Citizens Economic Development Inc reported $100 in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants.
How large is Citizens Economic Development Inc?
Citizens Economic Development Inc reported $3.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $341K.
What is Citizens Economic Development Inc?
Citizens Economic Development Inc is a public charity focused on Community Improvement & Capacity Building, based in Wentworth, NC. It holds $3.5M in total assets as of 2025.
Where does Citizens Economic Development Inc operate?
Citizens Economic Development Inc has awarded grants in North Carolina, New York.
What is Citizens Economic Development Inc's EIN?
Citizens Economic Development Inc's EIN (Employer Identification Number) is 58-1745911. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 9, 2021)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 1, 2023)
- Updated Form 990 for fiscal year 2025 (received by the IRS December 3, 2025)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Citizens Economic Development Inc's focus areas in our free grants database
Similar Funders
Similar funders in North Carolina
State Employees Credit Union Foundation
Raleigh, NC
The foundation funds capital projects, regional or statewide programs, and organizational capacity building that strengthen North Carolina communities; it favors projects with broad or replicable impact and does not fund operating budgets or shortfalls. Its 2025 grants ranged from $1,250 to $1 million, with a median of $2,500. Applications are accepted at any time and typically reviewed semiannually.
Assets
$61.0M
Grants
1,806
Total Given
$17.4M
Foundation for the Carolinas
Charlotte, NC
Foundation For The Carolinas funds education and youth development, environmental and wildlife work, health and human services, and animal welfare, with a reported median grant of $25,000 in 2024. Its competitive programs focus on Charlotte-Mecklenburg, the Carolinas, and specific local communities, while donor-advised funds may support eligible nonprofits more broadly; it accepts applications for some competitive grants, but most grants are recommended by fund advisors and have no application process.
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Dogwood Health Trust
Asheville, NC
Dogwood Health Trust funds work in housing, education, economic opportunity, and health and wellness that improves wellbeing in Western North Carolina, including its 18 counties and the Qualla Boundary. Its 2024 grants ranged from $2,000 to $21 million, with a median of $37,500; application requirements vary by funding opportunity.
Assets
$2.0B
Grants
835
Total Given
$148.2M
The Winston-Salem Foundation
Winston-Salem, NC
The Winston-Salem Foundation funds charitable organizations serving Forsyth County, North Carolina, across areas including education, housing, economic opportunity, civic engagement, arts, health, and human services. Its 2024 median grant was $25,000; specific programs offer grants ranging from small grants of up to $2,000 to capital grants of up to $100,000. The profile describes application-based programs but does not state whether unsolicited requests are accepted.
Assets
$630.1M
Grants
823
Total Given
$90.4M
The Community Foundation of Western North Carolina Inc
Asheville, NC
The Community Foundation of Western North Carolina funds nonprofits and public agencies serving 18 Western North Carolina counties, including the Qualla Boundary, in areas such as cultural resources, education, human services, and natural resources. Its 2025 grants had a median of $25,000, though award sizes varied widely; some local opportunities cap grants at $5,000 or $7,500. It provides an online application system, but the profile does not state whether unsolicited requests are accepted.
Assets
$481.0M
Grants
793
Total Given
$59.4M
North Carolina Community Foundation Inc
Raleigh, NC
The North Carolina Community Foundation supports charitable organizations and community programs in areas such as human services, education, youth development, health, food and nutrition, and the arts. Its typical grant was $15,000 in 2025; it serves communities statewide, with an emphasis on rural North Carolina, and accepts applications through specific affiliate, giving-circle, and other grant programs.
Assets
$569.1M
Grants
732
Total Given
$30.6M
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Citizens Economic Development Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Citizens Economic Development Inc down — hundreds of funders to go?