Rural Economic Development Center Inc
EIN 561552375 · 501(c)(3) · Public charity · Raleigh, NC · recognized 1987
- Assets
- $247M
- Revenue
- $60.7M
- Expenses
- $13.1M
- Investment income
- $9.4M
Form 990 fiscal year ended 06/30/2024
Investment managers
Advisory firms linked via Form 990 Part VII independent contractors.
No linked investment managers yet.
Highest-paid contractors
Form 990 Part VII-B, independent contractors paid over $100k.
| Contractor | Services | Compensation |
|---|---|---|
| Intellectual Currency Llc | Program consulting & management services | $709,753 |
| Orion First | Loan servicing services | $226,927 |
| Wyrick Robbins Yates And Ponton Llp | Legal services | $184,885 |
| Brooks Pierce Mclendon Humphrey And Leon | Legal services | $165,799 |
| Johnson Lambert | Audit and tax services | $163,858 |
Officers & directors
Form 990 Part VII-A for the latest fiscal year.
| Name | Title | Compensation | Other |
|---|---|---|---|
| Patrick Woodie | President & ceo | $250,071 | $35,644 |
| Jonathan Brereton | Exec dir, thread capital (to aug '23) | $237,491 | $46,366 |
| Misty Herget | Chief programs officer | $204,000 | $28,238 |
| Franklin T Roberts | Cfo/asst treasurer | $198,309 | $35,996 |
| Armeer G Kenchen | Exec dir, cornersquare llc | $184,595 | $34,895 |
| Joy Stewart | Dir of internal compliance and audit | $156,770 | $19,362 |
| Shannon O'shea | Sbc dir of operations | $137,306 | $13,230 |
| Jalisha Richmond | Dir of lending and client support | $136,548 | $24,387 |
| Juvon Legare Rivers | Product manager | $132,529 | $22,270 |
| Daniel Michael | Controller | $125,591 | $27,333 |
| Carolyn Rhodes | Coo (from jul '23) | $111,617 | $12,962 |
| Laura Carlson | Assistant secretary | $80,218 | $17,026 |
| Jennifer Tolle Whiteside | Board member | $0 | $0 |
| Weyling White | Board member | $0 | $0 |
| Gil Wise | Board member | $0 | $0 |
| Brittany Bennett Weston | Board member | $0 | $0 |
| Kim Shepherd | Board member | $0 | $0 |
| Nelle Hotchkiss | Chair (to dec '23) | $0 | $0 |
| Phil Marion | Chair | $0 | $0 |
| Sara Chester | Vice-chair | $0 | $0 |
| Yolanda Taylor | Secretary | $0 | $0 |
| Paula Benson | Treasurer | $0 | $0 |
| Jose Alvarez | Board member | $0 | $0 |
| Ryan Ammann | Board member | $0 | $0 |
| Andy Anderson | Board member | $0 | $0 |
| Dr Zachary Barricklow | Board member (from jan '24) | $0 | $0 |
| Al Bass | Board member | $0 | $0 |
| Brenda Berg | Board member (to dec '23) | $0 | $0 |
| Casey Cooper | Board member | $0 | $0 |
| Anne Faircloth | Board member (from jan '24) | $0 | $0 |
| Randy Gore | Board member (from jan '24) | $0 | $0 |
| Mike Hawkins | Board member | $0 | $0 |
| Randolph Keaton | Board member | $0 | $0 |
| Ben Knight | Board member | $0 | $0 |
| Alice Schenall | Board member | $0 | $0 |