Community Improvement
Rural Economic Development Center Inc
RALEIGH, NC
Total revenue
$60.7M
Total expenses
$13.1M
Net assets
$160.7M
Grants received
$103.3M
43 grants
EIN
561552375
Tax year
2023
Mission
Develop, promote, and implement sound economic strategies in rural north carolina
Programs
2 programs
Leadership & engagement: the center's flagship leadership program, the rural economic development institute (redi) offers participants collaborative leadership skills and rural development strategies to help them return home and make a meaningful impact in their communities. Upon graduating from redi, graduates of the program become part of a larger alumni network of leaders. Redi and homegrown leaders regional leadership training have trained over 1,600 rural leaders. The rural summit brings together community leaders, policymakers, and rural advocates from across the state and nation to engage in a thoughtful, intentional dialogue about the actions we can take today to advance policy and systems change across a broad spectrum of rural development issues. Finally, through our connect church and community connect programs, we locate the powerful intersection between rural church assets and community opportunities.
Advocacy & research: the rural center serves as the state's leading advocate for its many rural communities. The rural center provides local, regional, and state leaders the information they need to be informed on the important rural issues of the day. The rural center identifies specific topics for more in-depth exploration and partners with experts to lift up policy and research that informs the decisions of today and helps plan for the choices of tomorrow. With a voice informed by data, research, storytelling, and best practices, the rural center advocates on the local, state, and federal levels for the compelling issues facing rural communities: issues like broadband access, healthcare, housing, agriculture, education, energy, workforce development, and infrastructure.
Financials
FY 2023
Revenue
Expenses
People
35 listed
PATRICK WOODIE
PRESIDENT & CEO
$250K
40 hrs/wk
JONATHAN BRERETON
EXEC DIR, THREAD CAPITAL (TO AUG '23)
$237K
20 hrs/wk
FRANKLIN T ROBERTS
CFO/ASST TREASURER
$198K
40 hrs/wk
JOY STEWART
DIR OF INTERNAL COMPLIANCE AND AUDIT
$157K
40 hrs/wk
CAROLYN RHODES
COO (FROM JUL '23)
$112K
40 hrs/wk
LAURA CARLSON
ASSISTANT SECRETARY
$80K
40 hrs/wk
ANNE FAIRCLOTH
BOARD MEMBER (FROM JAN '24)
—
1 hrs/wk
RANDY GORE
BOARD MEMBER (FROM JAN '24)
—
1 hrs/wk
MIKE HAWKINS
BOARD MEMBER
—
1 hrs/wk
RANDOLPH KEATON
BOARD MEMBER
—
1 hrs/wk
BEN KNIGHT
BOARD MEMBER
—
1 hrs/wk
NELLE HOTCHKISS
CHAIR (TO DEC '23)
—
1 hrs/wk
KIM SHEPHERD
BOARD MEMBER
—
1 hrs/wk
BRITTANY BENNETT WESTON
BOARD MEMBER
—
1 hrs/wk
GIL WISE
BOARD MEMBER
—
1 hrs/wk
WEYLING WHITE
BOARD MEMBER
—
1 hrs/wk
JENNIFER TOLLE WHITESIDE
BOARD MEMBER
—
1 hrs/wk
ALICE SCHENALL
BOARD MEMBER
—
1 hrs/wk
PHIL MARION
CHAIR
—
1 hrs/wk
SARA CHESTER
VICE-CHAIR
—
1 hrs/wk
YOLANDA TAYLOR
SECRETARY
—
1 hrs/wk
PAULA BENSON
TREASURER
—
1 hrs/wk
JOSE ALVAREZ
BOARD MEMBER
—
1 hrs/wk
RYAN AMMANN
BOARD MEMBER
—
1 hrs/wk
ANDY ANDERSON
BOARD MEMBER
—
1 hrs/wk
DR ZACHARY BARRICKLOW
BOARD MEMBER (FROM JAN '24)
—
1 hrs/wk
AL BASS
BOARD MEMBER
—
1 hrs/wk
BRENDA BERG
BOARD MEMBER (TO DEC '23)
—
1 hrs/wk
CASEY COOPER
BOARD MEMBER
—
1 hrs/wk
MISTY HERGET
CHIEF PROGRAMS OFFICER
$204K
40 hrs/wk
ARMEER G KENCHEN
EXEC DIR, CORNERSQUARE LLC
$185K
40 hrs/wk
SHANNON O'SHEA
SBC DIR OF OPERATIONS
$137K
40 hrs/wk
JALISHA RICHMOND
DIR OF LENDING AND CLIENT SUPPORT
$137K
40 hrs/wk
JUVON LEGARE-RIVERS
PRODUCT MANAGER
$133K
40 hrs/wk
DANIEL MICHAEL
CONTROLLER
$126K
40 hrs/wk
Independent contractors
INTELLECTUAL CURRENCY LLC
PROGRAM CONSULTING & MANAGEMENT SERVICES
ORION FIRST
LOAN SERVICING SERVICES
WYRICK ROBBINS YATES AND PONTON LLP
LEGAL SERVICES
BROOKS PIERCE MCLENDON HUMPHREY AND LEON
LEGAL SERVICES
JOHNSON LAMBERT
AUDIT AND TAX SERVICES
Grants received
Showing 43 of 43
Funded by
$103.3M from 23 funders · 43 grants · 2018–2024
$78.2M · 3 grants · 2020–2023
$20M · 1 grant · 2020
$1.3M · 1 grant · 2023
$1.2M · 4 grants · 2023–2024
$506K · 2 grants · 2021
$500K · 5 grants · 2020–2024
$474K · 2 grants · 2020–2022
$445K · 1 grant · 2023