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Centralina Economic Development Commission Inc

EIN 20-3344901 · Charlotte, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak49 out of 100GovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

MAINTAIN THE REGION'S ECONOMIC DEVELOPOMENT DISTRICT.

Income
$181,079
Spending
$190,518
Reserves
2.2 months of spending
Largest source of income
donations and private grants, 57%

Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 49 out of 100. Higher than 20% of charities in its peer group (community improvement, under $250k).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.2 months of spending.

  • Debt

    20 of 20

    It owes 4% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 5% of income.

Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $69,955 spent. CENTRALINA MAINTAINS THE REGION'S EDA PARTNERSHIP PLANNING GRANT, WHICH REQUIRED AN UPDATE OF THE COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY, A LOCALLY-BASED AND REGIONALLY-DRIVEN PLANNING PROJECT THAT ADDRESSES IMPROVING THE OVERALL RESILIENCE AND INCLUSIVITY OF OUR REGION'S PEOPLE, PLACES AND ECONOMY. THE REPORT INCLUDES THREE GOALS, 15 RECOMMENDATIONS AND 58 ACTION ITEMS ADDRESSING WORKFORCE DEVELOPMENT, EDUCATION, TRANSPORTATION, REGIONAL RESILIENCY, GLOBAL COMPETITIVENESS AND MANY OTHER ECONOMIC DEVELOPMENT INITIATIVES.
  2. $29,661 spent. THE SOUTHEAST CRESCENT REGIONAL COMMISSION (SCRC) FUNDS FOCUSES ON EQUITABLE ACCESS AND SUPPORT FOR DISTRESSED, RURAL, SUBURBAN, AND URBAN AREAS. THROUGH PROJECTS LIKE THE INTEGRATED MOBILITY CENTER AND THE DIGITAL INCLUSION FRAMEWORK, CENTRALINA HAS STRENGTHENED TRANSPORTATION AND DIGITAL INCLUSION OPPORTUNITIES FOR MARGINALIZED COMMUNITIES. INITIATIVES FOCUSED ON TRANSPORTATION DEMAND MANAGEMENT WILL IMPROVE MOBILITY OPTIONS FOR SENIORS AND INDIVIDUALS WITH DISABILITIES, AND PRE-DISASTER RECOVERY TRAINING IN UNDERSERVED COUNTIES SUCH AS ANSON HAS STRENGTHENED DISASTER PREPAREDNESS AND RESILIENCE. CENTRALINA'S WORKFORCE INITIATIVES, INCLUDING ITS PARTNERSHIP WITH THE CAROLINAS INNOVATION CENTER FOR OPTICS AND METROLOGY (CICOM) TECH HUB, EMPHASIZE ACCESS TO HIGH-DEMAND JOBS IN OPTICS AND METROLOGY. THIS COLLABORATION WITH UNC CHARLOTTE INCREASES AWARENESS OF CAREER PATHWAYS IN OPTICS AMONG K-12 STUDENTS, OFFERS FLEXIBLE TRAINING OPTIONS, AND ADDRESSES BARRIERS SUCH AS CHILDCARE AND TRANSPORTATION, PARTICULARLY FOR RESIDENTS IN ECONOMICALLY DISTRESSED AREAS. THE NC INNOVATION EFFORTS WITH UNC CHARLOTTE AND CICOM FOCUS ON GROWING THE REGIONAL OPTICS AND METROLOGY INDUSTRIES. BY FOSTERING INNOVATION ACROSS BOTH RURAL AND URBAN SETTINGS, THESE PROGRAMS LEVERAGE LOCAL WORKFORCE STRENGTHS, PARTICULARLY IN RURAL COMMUNITIES ENGAGED IN SPECIALIZED MANUFACTURING. CENTRALINA'S EMPHASIS ON MAKING ENTREPRENEURIAL RESOURCES AND ADVANCED TECHNOLOGY ACCESSIBLE THROUGHOUT THE REGION ALIGNS WITH THE BROADER SCRC STRATEGIC PLAN, CREATING A RESILIENT, INCLUSIVE ECONOMIC ECOSYSTEM THAT SERVES BOTH HIGH-DENSITY URBAN CENTERS AND ECONOMICALLY VULNERABLE RURAL ZONES.
  3. $86,093 spent. CENTRALINA ECONOMIC DEVELOPMENT BOARD PROVIDES ECONOMIC DEVELOPMENT THROUGH REGIONAL RESOURCES AND EDUCATION FOR CENTRALINA'S COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY FOR THE NINE COUNTY REGION.

Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2007.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.