Olive Hill Community Economic Development Corporation

Fiscal year ending 2024. Filed on May 7, 2025.

PO Box 4008
Morganton, North Carolina 28680

Olive Hill Community Economic Development Corporation (EIN: 31-1639629) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Olive Hill Community Economic Development Corporation, a 501(c)(3) charitable organization, reported compensation for 6 employees. Among the employees shown here, the average compensation is $16,459. The highest compensated employee at Olive Hill Community Economic Development Corporation is Beverly Carlton with fiscal year 2024 compensation of $16,459.

Revenue, expenses, and employee compensation

Revenue

$130,049

Expenses

$81,190

Employee compensation

$54,950
Revenue, expenses, and employee compensation over time

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

Olive Hill Community Economic Development Corporation Inc. empowers low-to-moderate-income individuals across Burke Caldwell Catawba and McDowell Counties through housing counseling financial literacy disaster recovery and small business development. We support clients in achieving homeownership avoiding foreclosure building credit and growing microenterprises. In 2024 Olive Hill CEDC served up to 500 individuals through one-on-one counseling financial workshops and post-disaster housing recovery services following Tropical Storm Helene. Our work includes culturally responsive outreach small business and nonprofit support and equity-focused programs that promote economic mobility. We also host community engagement events and partner with local institutions to expand access to essential services.

Revisions to this organization profile

May 7, 2025:
2024 Olive Hill Community Economic Development Corporation 990 filed
October 18, 2024:
2023 Olive Hill Community Economic Development Corporation 990 filed
September 21, 2023:
2022 Olive Hill Community Economic Development Corporation 990 filed

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