The Industrial Commons
Fiscal year ending 2024. Filed on November 13, 2025.
PO Box 71
Morganton, North Carolina 28680
The Industrial Commons (EIN: 47-2080338) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2024 IRS Form 990 filing, The Industrial Commons, a 501(c)(3) charitable organization, reported compensation for 2 out of 31 total employees. Among the employees shown here, the average compensation is $118,776. The highest compensated employee at The Industrial Commons is Molly Hemstreet with fiscal year 2024 compensation of $124,125.
Revenue, expenses, and employee compensation
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Mission Statement
TO CREATE LONG-TERM ECONOMIC AND SOCIETAL BENEFITS IN RURAL WESTERN NORTH CAROLINA AND NEIGHBORING REGIONS BY LESSENING THE BURDENS OF GOVERNMENT AND DEVELOPING PUBLIC ASSETS THAT ENHANCE THE RETENTION AND CREATION OF SMALL TO MID-SIZE MANUFACTURING FIRMS AND MEANINGFUL, GAINFUL EMPLOYMENT; BY PROVIDING ECONOMIC, BUSINESS AND VOCATIONAL EDUCATION SERVICES TO WORKERS AND BUSINESS OWNERS; AND BY SUSTAINABLY ENHANCING THE ECONOMIC WELL-BEING OF ALL MEMBERS OF A COMMUNITY.
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