Nonprofits›Rai Development Corporation
Community Improvement & Capacity Building
Rai Development Corporation
CARRBORO, NC
Total revenue
$84K
Total expenses
$122K
Net assets
$406K
Grants received
—
EIN
562097995
Tax year
2023
Mission
Rai is a development corporation whose purpose is to hold title for real property for another tax-exempt organization.
Financials
FY 2023
Revenue
Contributions & grants—
Program service revenue$84K
Investment income—
Other revenue—
Total revenue$84K
Expenses
Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$122K
Total expenses$122K
Total assets$612K
Net assets$406K
People
4 listed
NameRoleCompensation
DAVID CHAPMAN
CEO
Board
—
0.1 hrs/wk
JACK SIMONDS
CHAIRMAN
Board
—
0.1 hrs/wk
MARTHA BOLLINGER
SECRETARY
Board
—
0.1 hrs/wk
ANDRA DAVIS
BOARD MEMBER
Board
—
0.1 hrs/wk
Details
EIN562097995
NTEE codeS47
Subsection02
Ruling date2002-08
Formed1996
Employees0
Volunteers4