DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION

SMITHFIELD, NC | Johnston County
Economic Development

Overview

DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION
56-1437860
200 S FRONT ST
SMITHFIELD, NC 27577
Johnston County
(919) 934-0887

Mission Statement info

PROMOTE DOWNTOWN ECONOMIC DEVELOPMENT

Founded info
Not reported
Total Employees info
3
Total Volunteers info
Not reported
CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
S20

S - Community Improvement, Capacity Building

Community & Neighborhood Development

Organizations that focus broadly on strengthening, unifying and building the economic, cultural, educational and social services of an urban community or neighborhood. Use this code for community and neighborhood improvement organizations other than those specified below.

IRS Activity Codes info
400
Area development, redevelopment of renewal
994
Uncoded
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$140K
Revenue
$140K
Assets
$164.7K
Exempt Ruling Date info
1985-06
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
200 S FRONT ST
SMITHFIELD, NC 27577
Johnston County
FIPS Geocoded Address info
39580
MSA/CBSA info
37
State info
101
County info
0408.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Raleigh-Cary, NC
Combined Statistical Area info
Raleigh-Durham-Cary, NC
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 36.21%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0408.00 Johnston County
Population
Total Population 3,911 196,870
Total Households 1,479 68,968
Income
Median Family Income (Census*) $48,864 $59,865
Median Family Income (2019 FFIEC) $93,100 N/A
Tract Income Percentage 62.6% N/A
Below Poverty Level 31.4% 12.5%
Unemployment Level 13.4% 4.7%
Housing
Total Housing Units 1,662 75,438
Total Owner-Occupied Units 48.9% 73%
Total Renter-Occupied Units 40.1% 27%
Total Vacant Units 11.0% 5%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

15
Total Voting Members
in Governing Body
info
15
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Jan Branch
Secretary
(919) 934-0887
Principal Officer info
Rick Childrey
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.