Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 93,491 | 83,740 | 89,971 | 39,421 | 4,230,986 | 4,537,609 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 50,000 | 50,000 | ||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | 0 | |||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | 0 | |||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | 0 | |||||
| 6 | Total. Add lines 1 through 5 | 93,491 | 83,740 | 89,971 | 39,421 | 4,280,986 | 4,587,609 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 0 | |||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | 0 | |||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | 4,587,609 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 93,491 | 83,740 | 89,971 | 39,421 | 4,280,986 | 4,587,609 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 1,429 | 1,375 | 320 | 3,227 | 7,500 | 13,851 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | 0 | |||||
| c | Add lines 10a and 10b. | 1,429 | 1,375 | 320 | 3,227 | 7,500 | 13,851 |
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | 0 | |||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | 0 | |||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 94,920 | 85,115 | 90,291 | 42,648 | 4,288,486 | 4,601,460 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2019 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2020. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | 19009920 |
| Software Version: | 2019v5.0 |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents | The organization amended, revised, and restated its bylaws beginning July 1, 2019 and made various amendemnts through June 30, 2020. The organization was restructured to begin doing business as the Greenville-ENC Alliance. The organization's mission and purpose was updated along with classes of membership and selection of board of directors.The general mission of the organization varies little from the original purpose with a more refined and refocused emphasis on economic development activities in Pitt County, NC.Membership changes included moving from one class of membership to three classes of membership. Members contribute annually to the organization similar to paying dues although there is not a set dues amount for each member and no member receives direct benefits, rather the general population of Pitt County benefits from the organization's activities. Membership classes include Sustaining, Municipal, and Private. Sustaining members are board designated. Municipal members include municipalities within Pitt County. Private members include any and all other persons, corporations, agencies, or non-governmental entities who contribute to capital campaigns or annually an amount designated by the Board.Annual meetings shall be held at least once a year and special meetings called as necessary. Now, 30% (was 10%) of voting members are required to be present for a quorum to exist.The Board of Directors changed from 12 to 22 elected/appointed directors. Additionally, ex-officio, non-voting directors increased from 10 to 17 ex-officio directors. Some are appointed based on membership class with six members from the Sustaining member class and three members from the municipalities. Twelve members are elected from the private member class which also has four sub-level classes including Platinum, Gold, Silver, and Bronze. These levels are based on the amount contributed by each memmber. These members are nominated by the private members of each level. The immediate past board chairman also serves as a director. Directors are elected to serve three year terms instead of two year terms and can serve no more than two consecutive terms. A majority of the board of directors present at meetings shall constitue a quorum. The Board will name a nominating committee to administer the nomination procedures. It remains that the Board of Directors shall receive no compensation but may be reimbursed for reasonable expenses incurred as approved by the Board.Officers shall consist of the Chairman of the Board, Vice-Chairman, President, Secretary, Treasurer, and other officers as deemed necessary. Officers shall be elected by the Board at its annual meeeting and shall serve one year terms. Officers may continuing serving until such time a new officer is elected. Officer compensation, if any, shall be fixed at a reasonable amount by the Board.The fiscal year end of the organization shall be established by the Board and it is currently June 30.Amendments to bylaws may be adopted by two-thirds vote (was simple majority) of the Directors. |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | The organization has members who share an interest in economic development of Pitt County, NC. There are three classes of membership including sustaining members, municipal members, and private members. Additionally, there are different levels of private members based on amount of dues/contributions paid. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | Form 990 is reviewed by the Treasurer and approved by the Finance Committee prior to signing and filing. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The organization's governing documents and financial statements are made avaialbe by request. |
| Form 990, Part XII, Line 1: Change of Accounting Method | The organization changed its accounting method from cash to accrual for the year ended June 30, 2020. The organization had financial statments prepared on a GAAP basis and audited by an independent accountant. Form 990 was prepared on an accural basis for increased comparison to the GAAP financial statements and to better reflect the organization's activities. |
| Employees and Payroll Expenses | Part IX: Statement of Functional Expenses, Line 7, 9, & 10The Pitt County Committee of 100, Inc. dba Greenville-ENC Alliance and Greenville Utilities Commission of Greenville, NC entered into a services agreement on January 20, 2020. The agreement details the personnel structure of the Greenville-ENC Alliance. The Greenville-ENC Alliances staff shall be employees of the Greenville Utilities Commission and adhere to the personnel policies of the Greenville Utilities Commission. Staff shall receive employment benefits as set by the Greenville Utilities Commission including health insurance and retirement. Potential employees are recruited by the Greenville-ENC Alliance and salaries are established by the Organization. The Greenville-ENC Alliance, per the services agreement, shall reimburse the Greenville Utilities Commission monthly equal to the salaries, benefits, and other direct costs incurred for employees who actively work for the Greenville-ENC Alliance. Payroll expenses incurred to Greenville Utilities Commission was $68,063 for the year ended June 30, 2020 which is included as salaries and wages, employee benefits, and payroll taxes on the schedule of functional expenses. |
| Software ID: | 19009920 |
| Software Version: | 2019v5.0 |