Grants paid by Rural Economic Development Center Inc
EIN 56-1552375 · Raleigh, NC · Form 990, Schedule I · NTEE S320
Rural Economic Development Center Inc of Raleigh, NC (EIN 56-1552375) reported 74 grants paid totaling $8,852,107 to 39 recipients in tax years 2021–2025, on Form 990, Schedule I. Derived from IRS e-file data, dataset version 2026.09.0, built 2026-09-03.
Grants paid
$8,852,107
74 grants
Recipients
39
distinct organizations
Tax years
2021–2025
5 filings in the corpus
By tax year
| Tax year | Grants paid | Amount paid | Approved for future |
|---|---|---|---|
| 2021 | 4 | $63,750 | — |
| 2022 | 8 | $115,000 | — |
| 2023 | 15 | $3,886,000 | — |
| 2024 | 21 | $2,303,897 | — |
| 2025 | 26 | $2,483,460 | — |
Top recipients
The 39 recipients receiving the most from Rural Economic Development Center Inc, by grants paid, out of 39 distinct recipients.
| Recipient | Match | Location | Grants | Total paid | Latest year |
|---|---|---|---|---|---|
| North Carolina State University Small Business and Technology Development C 56-6000756 | A | Raleigh, NC | 1 | $1,826,647 | 2025 |
| Partner Community Capital Inc 54-2058754 | A | Shepherdstown, WV | 2 | $975,000 | 2024 |
| Institute Capital Inc 56-2142717 | A | Durham, NC | 1 | $775,000 | 2023 |
| Mountain Bizworks 14-1864873 | A | Asheville, NC | 1 | $736,000 | 2023 |
| Array Community Development Corporation 82-3391726 | A | Beaufort, NC | 2 | $726,747 | 2024 |
| Carolina Community Impact Inc 82-3990062 | A | Raleigh, NC | 2 | $665,150 | 2024 |
| Befcor 56-1434029 | A | Charlotte, NC | 2 | $550,000 | 2024 |
| Up Community Fund LLC 82-4247155 | A | Charlotte, NC | 2 | $475,000 | 2024 |
| First Umc 31-1813333 | A | Murphy, NC | 31 | $418,750 | 2024 |
| Carolina Small Business Development Fund 58-1903219 | A | Raleigh, NC | 1 | $400,000 | 2024 |
| Mountain Bizworks-Cdfi 56-1733266 | A | Asheville, NC | 1 | $250,000 | 2024 |
| Thread Capital 83-1284532 | A | Raleigh, NC | 1 | $250,000 | 2023 |
| Mdc Inc 56-0984222 | A | Durham, NC | 1 | $218,412 | 2025 |
| Piedmont Business Capital 56-1872877 | A | Greensboro, NC | 1 | $100,000 | 2024 |
| Cooperative Baptist Fellowship 62-1628058 | A | Knoxville, TN | 1 | $95,000 | 2025 |
| Blackburns Chapel Umc 56-0796991 | A | Todd, NC | 1 | $50,000 | 2025 |
| The Sequoyah Fund Inc 31-1619784 | A | Cherokee, NC | 1 | $47,000 | 2024 |
| Bethesda Umc 51-0269137 | A | Fairmont, NC | 1 | $30,000 | 2025 |
| Calvary Presbyterian Church 56-1107031 | A | Wilson, NC | 1 | $30,000 | 2025 |
| First Umc (franklin) 38-4240774 | A | Franklin, NC | 1 | $30,000 | 2025 |
| First Umc (murphy) 27-1462312 | A | Murphy, NC | 1 | $20,000 | 2025 |
| First United Methodist Church 56-2278402 | A | Elizabeth City, NC | 1 | $13,401 | 2025 |
| Sharon Missionary Baptist Church 02-0785572 | A | Stoneville, NC | 1 | $10,000 | 2025 |
| Carthage Umc 56-1392911 | A | Carthage, NC | 1 | $10,000 | 2025 |
| Abundant Life Miracle Center 56-1484866 | A | New Bern, NC | 1 | $10,000 | 2025 |
| Laurel Hill Umc 56-1409314 | A | Vale, NC | 1 | $10,000 | 2025 |
| Chatham Umc 56-2195451 | A | Moncure, NC | 1 | $10,000 | 2025 |
| Plank Chapel Umc 46-5130411 | A | Kittrell, NC | 1 | $10,000 | 2025 |
| Chadbourn Umc 56-1411014 | A | Chadbourn, NC | 1 | $10,000 | 2025 |
| Bluestone Missionary Baptist Church 20-2285779 | A | Pelham, NC | 1 | $10,000 | 2025 |
| Central Umc 56-0591297 | A | Albemarle, NC | 1 | $10,000 | 2025 |
| Lc Graves Memorial Presbyterian 56-1144007 | A | Clinton, NC | 1 | $10,000 | 2025 |
| New Saint Paul Baptist Church 36-4753480 | A | Eden, NC | 1 | $10,000 | 2025 |
| Fairview Umc 38-3724533 | A | Elon, NC | 1 | $10,000 | 2025 |
| Prospect United Methodist Church 56-0727845 | A | East Bend, NC | 1 | $10,000 | 2025 |
| Pilmoor Memorial Umc 56-1284069 | A | Currituck, NC | 1 | $10,000 | 2025 |
| Truth and Life Worship Center 33-2266033 | A | Greensboro, NC | 1 | $10,000 | 2025 |
| Abernethy Memorial Umc 56-1270377 | A | Connelly Springs, NC | 1 | $10,000 | 2025 |
| Oak Hill United Methodist Church 56-1276220 | A | Morganton, NC | 1 | $10,000 | 2025 |
Match tier: A Reported EIN · B Exact name and place · C Strong name match · D Probable name match · U Unresolved. Tiers C and D are inferred, not reported; see how matching works.
Every grant
All 74 grant rows this organization reported, most recent first.
| Tax year | Recipient | Match | Amount | Type | Purpose | Source filing |
|---|---|---|---|---|---|---|
| 2025 | North Carolina State University Small Business and Technology Development C Raleigh, NC | A | $1,826,647 | paid | SSBCI TA GRANT | 202600449349301015 |
| 2025 | Mdc Inc Durham, NC | A | $218,412 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202600449349301015 |
| 2025 | Cooperative Baptist Fellowship Knoxville, TN | A | $95,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Blackburns Chapel Umc Todd, NC | A | $50,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | First Umc (franklin) Franklin, NC | A | $30,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Bethesda Umc Fairmont, NC | A | $30,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Calvary Presbyterian Church Wilson, NC | A | $30,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | First Umc (murphy) Murphy, NC | A | $20,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | First United Methodist Church Elizabeth City, NC | A | $13,401 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Lc Graves Memorial Presbyterian Clinton, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Chatham Umc Moncure, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Abernethy Memorial Umc Connelly Springs, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Fairview Umc Elon, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Sharon Missionary Baptist Church Stoneville, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Laurel Hill Umc Vale, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Truth and Life Worship Center Greensboro, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Plank Chapel Umc Kittrell, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Oak Hill United Methodist Church Morganton, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Chadbourn Umc Chadbourn, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | New Saint Paul Baptist Church Eden, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Carthage Umc Carthage, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Prospect United Methodist Church East Bend, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Central Umc Albemarle, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Bluestone Missionary Baptist Church Pelham, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Abundant Life Miracle Center New Bern, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2025 | Pilmoor Memorial Umc Currituck, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202600449349301015 |
| 2024 | Array Community Development Corporation Beaufort, NC | A | $626,747 | paid | SHELLFISH GROWERS PROGRAM GRANT | 202540169349301414 |
| 2024 | Carolina Small Business Development Fund Raleigh, NC | A | $400,000 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202540169349301414 |
| 2024 | Mountain Bizworks-Cdfi Asheville, NC | A | $250,000 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202540169349301414 |
| 2024 | Partner Community Capital Inc Shepherdstown, WV | A | $250,000 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202540169349301414 |
| 2024 | Up Community Fund LLC Charlotte, NC | A | $225,000 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202540169349301414 |
| 2024 | Carolina Community Impact Inc Raleigh, NC | A | $215,150 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202540169349301414 |
| 2024 | Piedmont Business Capital Greensboro, NC | A | $100,000 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202540169349301414 |
| 2024 | Befcor Charlotte, NC | A | $50,000 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202540169349301414 |
| 2024 | The Sequoyah Fund Inc Cherokee, NC | A | $47,000 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202540169349301414 |
| 2024 | First Umc Murphy, NC | A | $30,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202540169349301414 |
| 2024 | Hatteras Umc Hatteras, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202540169349301414 |
| 2024 | Fairview Umc Elon, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202540169349301414 |
| 2024 | Seaside Umc Sunset Beach, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202540169349301414 |
| 2024 | Calvary Memorial Umc Snow Hill, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202540169349301414 |
| 2024 | The Latter House Ministries Riegelwood, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202540169349301414 |
| 2024 | Grace Umc Elizabethtown, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202540169349301414 |
| 2024 | Clyde Central Umc Clyde, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202540169349301414 |
| 2024 | Sharon Umc Poplar Branch, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202540169349301414 |
| 2024 | Faith & Victory Christian Church Elizabeth City, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202540169349301414 |
| 2024 | Mcqueen Chapel Umc Sanford Sanford, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202540169349301414 |
| 2024 | St Peters Umc Morehead City, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES CONNECT IMPLEMENTATION GRANT | 202540169349301414 |
| 2023 | Institute Capital Inc Durham, NC | A | $775,000 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202401069349300330 |
| 2023 | Mountain Bizworks Asheville, NC | A | $736,000 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202401069349300330 |
| 2023 | Partner Community Capital Inc Shepherdstown, NC | A | $725,000 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202401069349300330 |
| 2023 | Business Expansion Funding Corporation Charlotte, NC | A | $500,000 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202401069349300330 |
| 2023 | Carolina Community Impact Inc Raleigh, NC | A | $450,000 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202401069349300330 |
| 2023 | Up Community Fund LLC Charlotte, NC | A | $250,000 | paid | CDFI CAPACITY BUILDING PROGRAM GRANTS | 202401069349300330 |
| 2023 | Thread Capital Raleigh, NC | A | $250,000 | paid | SHELLFISH GROWERS PROGRAM GRANT | 202401069349300330 |
| 2023 | Array Community Development Corporation Beaufort, NC | A | $100,000 | paid | SHELLFISH GROWERS PROGRAM GRANT | 202401069349300330 |
| 2023 | Long's United Methodist Church Canton, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202401069349300330 |
| 2023 | Longtown United Methodist Church Yadkinville, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202401069349300330 |
| 2023 | Allensville Trinity United Methodist Church Roxboro, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202401069349300330 |
| 2023 | Elk Park United Methodist Church Elk Park, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202401069349300330 |
| 2023 | Madison United Methodist Church Madison, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202401069349300330 |
| 2023 | St John United Methodist Church Avon, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202401069349300330 |
| 2023 | Concord United Methodist Church Mocksville, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202401069349300330 |
| 2022 | Mt Bethel United Methodist Church Bahama, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202300279349301215 |
| 2022 | Bethany United Methodist Church Wanchese, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202300279349301215 |
| 2022 | Big Sandy United Methodist Church Leicester, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202300279349301215 |
| 2022 | Maggie Valley United Methodist Church Maggie Valley, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202300279349301215 |
| 2022 | Yadkinville United Methodist Church Yadkinville, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202300279349301215 |
| 2022 | Friendship United Methodist Church Statesville, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202300279349301215 |
| 2022 | Pink Hill United Methodist Church Pink Hill, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202300279349301215 |
| 2022 | Fairview United Methodist Church Elon, NC | A | $10,000 | paid | FAITH IN RURAL COMMUNITIES SUB-GRANT | 202300279349301215 |
| 2021 | Bethesda United Methodist Church Fairmont, NC | A | $18,750 | paid | FAITH IN RURAL COMMUNITIES GRANT | 202241259349303044 |
| 2021 | Jordan Memorial United Methodist Church Ramseur, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES GRANT | 202241259349303044 |
| 2021 | First United Methodist Church Elizabeth City, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES GRANT | 202241259349303044 |
| 2021 | Robbinsville United Methodist Church Robbinsville, NC | A | $15,000 | paid | FAITH IN RURAL COMMUNITIES GRANT | 202241259349303044 |
Match tier: A Reported EIN · B Exact name and place · C Strong name match · D Probable name match · U Unresolved. Tiers C and D are inferred, not reported; see how matching works.
Recipient matching for this dataset version has not yet completed its independent precision check. Tier A rows carry the EIN the filer reported; tiers B–D are the matcher's inference and should be read as leads until the check is published on the methodology page.
Source filings
Every figure above is traceable to one of these IRS e-file returns by its OBJECT_ID.
| Form | Tax year | Period end | Filed | Schema | IRS OBJECT_ID |
|---|---|---|---|---|---|
| 990 | 2025 | 2025-06-30 | not stated | 2024v5.5 | 202600449349301015 |
| 990 | 2024 | 2024-06-30 | not stated | 2023v6.0 | 202540169349301414 |
| 990 | 2023 | 2023-06-30 | not stated | 2022v5.0 | 202401069349300330 |
| 990 | 2022 | 2022-06-30 | not stated | 2021v4.2 | 202300279349301215 |
| 990 | 2021 | 2021-06-30 | not stated | 2020v4.2 | 202241259349303044 |
Derived from IRS Form 990 e-file XML; recipient identities from the IRS Exempt Organizations Business Master File. Dataset version 2026.09.0, built 2026-09-03. The same rows as Parquet: manifest; as JSON: /api/funders/561552375.json.
The same organization elsewhere in the program: exempt status and filing health · federal awards · grant guidance · open opportunities.
This is informational only, derived from public data on the dates shown. It is not an eligibility determination, and not legal, tax, or accounting advice. Verify against the official source before relying on it.