Davidson County Economic
TO PROMOTE INDUSTRY IN DAVIDSON COUNTY
Key facts about Davidson County Economic
- EIN
- 56-1556790
- Latest 990 filing
- Form 990 filing, 2025
- Total assets
- $591,471
Data from IRS Form 990 filing, 2025; updated September 2026.
Next steps with Davidson County Economic
- How to evaluate Davidson County Economic as a funder
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Financial Overview
From 2025 IRS Form 990 filing · View filing
Total Assets
$591K
-2.1% YoY
Revenue
$45K
+115.5% YoY
Net Investment Income
$21K
+97.5% YoY
Expenses
$57K
-74.2% YoY
About Davidson County Economic
Based on IRS filings
Davidson County Economic is a nonprofit organization, based in Lexington, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $591K in total assets. Net investment income was $21K.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $591,471 | $603,900 | $798,792 |
| Revenue | $44,915 | $20,841 | $386,453 |
| Expenses | $57,344 | $222,691 | $407,933 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $21,415 | $10,841 | $3,703 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
Davidson County Economic is led by Todd Yates, President since 2024 (on filings since 2021); none of the 13 officers listed in 2025 report compensation.
Officers on the 2025 filing
Todd Yates
President
Board → Director, 2023
Director → President, 2024
On filings since 2021
No compensation reported
John Byrum
Director
Board → Director, 2023
On filings since 2021
No compensation reported
Larry Potts
Director
Board → Director, 2023
On filings since 2021
No compensation reported
Larry Ward
Director
Board → Director, 2023
On filings since 2021
No compensation reported
Raleigh York
Director
Board → Director, 2023
On filings since 2021
No compensation reported
Scott Morris
Alternate Di
Treasurer → Director, 2024
Director → Alternate Di, 2025
On filings since 2021
No compensation reported
Jason Hayes
Vice Chairman
Board → Director, 2023
Director → Vice Chairman, 2024
On filings since 2022
No compensation reported
Allen Todd
Alternate Di
Director → Alternate Di, 2025
On filings since 2024
No compensation reported
Casey Smith
Facilitator
On filings since 2024
No compensation reported
Fred McClure
Alternate Di
Director → Alternate Di, 2025
On filings since 2024
No compensation reported
Hunter Thrift
Alternate Di
Director → Alternate Di, 2025
On filings since 2024
No compensation reported
Jackie Edwards
Alternate Di
Director → Alternate Di, 2025
On filings since 2024
No compensation reported
John Burke
Alternate Di
Director → Alternate Di, 2025
On filings since 2024
No compensation reported
Former officers (9)
- Former: Craig Goodson (2021–2023) — Former President
- Former: Mark Swaim (2021–2023) — Chairman
- Former: Ed Jordan (2021–2022) — Board
- Former: Robin Team (2021–2022) — Board
- Former: Steve Jackson (2021–2022) — Chairman
- Former: Wayne Herrick (2021–2022) — Secretary
- Former: Don Truell (2021) — Board
- Former: Newell Clark (2021) — Board
- Former: Wayne Wilkins (2021) — Board
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
How large is Davidson County Economic?
As of 2025, Davidson County Economic holds $591K in total assets with $45K in annual revenue.
What is Davidson County Economic's EIN?
Davidson County Economic's EIN (Employer Identification Number) is 56-1556790. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
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Data last updated September 2026. Sourced from IRS Form 990 filings.