ECDC 2009 Tax Return

8/6/2019 ECDC 2009 Tax Return

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l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493228033080

Form990 Return o f Organization Exempt F r om Income Tax OMB No 1545-0047Under section 501(c), 527, o r 4947( a)(1) o f the I n t e r n a l Revenue Code (except b la c k l u ng 2008

b e n e f i t t ru st o r p r i v a t e foundation)D e p a r t m e n t o f th e T r e a s u r yI n t e r n a l Revenue S e r v i c e -The o r g a n i z a t i o n may have to use a copy of this r e t u r n to satisfy st a t e r e po r t i n g requirementsA Fo r the 2008 calendar year, o r tax year beginning 10- 01-2008 and ending 09-30-2009B Check i f a p p l i c a b l e Pleasef l Address c h a n g e use IR Slabel o rFName c h a n g e print o r

type. See1n i t i a l r e t u r n SpecificITermination

Instruc-tions.

F-Amended r e t u r nF_ A p p l i c a t i o n pending

C Name o f organizationEAST CAROLINA DEVELOPMENT CO IN CD o i ng B us in e ss As

D Employer identification number56-2044953

E Telephone number

Number a nd s t r e e t ( o r P 0 bo x i f mail i s not delivered t o s t r e e t address ) I Room/ s u i t e I G Gross rec e i p ts $ 477,2102312 HODGES ROAD

C i t y or town, s t a t e or country, a nd ZI P + 4KINSTON, NC 28504

F Name a nd address o f P ri nci p al O f f ic er H(a) I s t h i s a g r oup return f o rSTEPHEN LAROQUE affiliates? F-Yes FNo2312 HODGES RDKINSTO N, NC 28504 H(b) A r e al l a f f i l i a t e s included ? Fes F_ No

I Tax-exemp t s t a t u s F501(c) ( 3) 1 ( i n s e r t no ) 1947(a)(1) o r F_ 527 ( I f "No," a t t a c h a l i s t See ins tructions3 Website : 0 - H(c) Group Exemption Number 0 -

K Typ e o f organization Forporation1r u s tFssociation1ther 0 L Y e a r o f Formation 1997 I M State o f l e g a l domicile NC

Summary1 B r i e f l y describe t he o r ga n iz a ti o n' s mission o r most significant activities

EXPAND SMALL BUSINESSES

2 Check t h i s bo x F_ i f th e organization discontinued i t s operations o r disposed o f mor e than 25% o f i t s assets3 Number of voting members of t h e governing body ( Pa r t VI , l i n e 1a ) . 3 54 Number of independent voting members of t h e governing body (Part VI , l i n e 1b ) 4 45 To t a l number of employees ( Pa rt V, l i n e 2a) 5 0

, - , 6 Total number o f v ol u nt e e rs ( e st i ma t e i f necessary) 6 57a T o t a l gross u n r e l a t e d business revenue from Pa r t VIII, l i n e 12 , column ( C) 7a 0b Net u n r e l a t e d business taxable income from Form 990-T, l i n e 34 . 7b 0


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Form 990 (2008) Page 2MUMV-tatement of Program Service Accomplishments (See the instructions.)1 B r i e f l y describe the o r g a n i z a t i o n ' s mission

EXPAND SMALL BUSINESSES

2 Di d the organization undertake any significant program services during the y ear w hi ch were not l i s t e d onthe prior Form 990 or 990 -EZ'' . . . . . . . . . . . . . . . . . . . . fl Yes FoI f "Yes," describe these new services on Schedule 0

3 D id the organization cease conducting or make significant changes i n how i t conducts any programservices? FYes FoI f "Yes," describe these changes on Schedule 0

4 Describe the exempt purpose achievements fo r each of the organization ' s three largest program services b y expensesSection 501 ( c)(3) and ( 4) organizations and 4947( a )( 1) t ru st s a re required to r ep or t the amount of grants and allocations too ther s , the total expenses , and revenue, i f any, fo r each program se rv i ce repo rte d

4a (Code ) (Expenses $ 233,401 i n c l u d i n g grants o f $ ) (Revenue $ 191,773SEE STATEMENT NO 1

4b (Code ) (Expenses $ i n c l u d i n g grants o f $ ) (Revenue $


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Form 990 (2008) Page 3Li hecklist of Required SchedulesYes No

1 Is the organization described i n section 501(c)(3) or4947(a)(1) (other than a private foundation)? If "Yes," Yescomplete ScheduleAs . . . . . . . . . . . . . . . . . . . . . 1

2 I s the organization required t o complete Schedule B , Schedule o f Contributors? . 2 No3 Did the organization engage i n direct o r indirect p o l i t i c a l campaign a c t i v i t i e s on behalf o f o r i n opposition t o No

candidates f o r public o f f i c e ? I f "Yes,"complete Schedule C , P a r t I . . . . . . . . . . 34 Section 501(c)(3) organizations Did the organization engage i n lobbying activities? If "Yes,"complete Schedule C , NoP art I I . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 Section 501(c)(4), 501(c)(5), and 501(c)(6) organizations Is the organization subject to the section 6033(e)

notice and reporting requirement and proxy tax's If "Yes,"complete Schedule C , Part II I . . . 56 Did the organization maintain any donor advised funds o r any accounts where donors have the r i g ht t o provide

advice on the distribution o r investment o f amounts i n such funds o r accounts? I f "Yes,"completeSchedule D , P art I . . . . . . . . . . . . . . . . . . . . . . . 6 N o

7 Did the organization receive o r hold a conservation easement, including easements t o preserve open space,the environment, h i s t o r i c land areas o r h i s t o ri c structures? I f "Yes,"complete Schedule D , P a r t I I . 7 No

8 Did the organization maintain collections o f works o f a r t , historical treasures, o r other similar assets? I f "Yes,"complete Schedule D, P art I I I 8 N o

9 Did the organization report an amount i n Part X, l i n e 21, serve as a custodian for amounts not listed i n Part X, orprovide credit counseling, debt management, credit r e p a i r , o r debt negotiation services? I f "Yes,"complete Schedule D, Part IV . 9 N o

10 Did the organization hold assets i n term, permanent,or quasi-endowments? If "Yes,"complete Schedule D, Part V 10 No11 Did the organization report an amount i n Part X, lines 1 0, 12 , 13, 15, or 257 If "Yes,"complete Schedule D,

Parts VI , VII, VI I I, IX , orXas applicable . . 11 Yes12 Did the organization receive an audited f i n a n c i a l statement f o r the year f o r which i t i s completing t h i s return

that was prepared i n accordance with GAAP7 If "Yes,"complete Schedule D, Parts XI , X I I, and X I I I 12 Yes

13 Is the organization a school as described i n section 170(b)(1)(A)(ii)'' If "Yes,"completeScheduleE 13 No14a Did the organization maintain an office, employees, or agents outside of the U S 7 . 14a No

b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising,business, and program service activities outside the U S 7 If "Yes,"complete Schedule F , Part I . 14b No

15 Did the organization report o n P art I X, column (A), l i n e 3, more than $5,000 of grants or assistance to anyorganization or entity located outside the United States? If "Yes,"complete Schedule F , Part II 15 No

16 Did the organization report o n P art I X, column (A), l i n e 3, more than $5,000 of aggregate grants or assistanceto individuals located outside the United States? If "Yes,"complete Schedule F , P art I I I . 16 No

17 Did the organization report more than $15,000 on Part IX , column (A), l i n e lle'' If "Yes,"complete Schedule G,P I

17 Noart

18 Did the organization report more than $15,000 total on Part V III, lines 1c and 8a ' ' If "Yes,"complete Schedule G,P art I I . 18 N o


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Form 990 (2008)Checklist of Required Schedules (Continued)

28 During the ta x y ea r, did any person who i s a current or former officer, director, trustee, or key employeea Have a direct business relationship w it h t he organization (other than as an officer, director, trustee, or employee),

or an indirect business relationship through ownership of more than 35% i n another entity (individually orcollectively with other person(s) listed i n Part VII, Section A)? If "Yes,"complete Schedule L , PartIV

b Have a family member who had a direct or indirect business relationship with the organization? If "Yes,"complete Schedule L , Part IV .c Serve as an officer, director, trustee, key employee, partner, or member of an entity (or a shareholder of a

p r of essiona l co rpo ra tio n) do ing business w ith t he organization? If "Yes,"complete Schedule L , Part IV .29 Did the organization receive more than $25,000 i n non-cash contributions? If "Yes,"complete Schedule M30 Did the organization receive contributions of a r t , historical treasures, or other similar assets, or qualified

conservation contributions? If "Yes,"complete Schedule M . . . . . . . . . . . .31 Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes,"complete Schedule N,

Part I .32 Did the organization s e l l , exchange, dispose o f , or transfer more than 25% of i t s net assets? If "Yes,"complete

Schedule N , Part II . .33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations

section 301 7701-2 and 301 7701-37 If "Yes,"complete Schedule R , PartI . . . . . . . .34 Was the organization related to any tax-exempt or taxable entity? If "Yes,"complete Schedule R , Parts I I , III, IV,

and V , line 1 .35 Is any related organization a controlled entity within the meaning of section 512(b)(13)? If "Yes,"complete

Schedule R , Part V , line 2 .36 501(c)(3) organizations Did the organization make any transfers to an exempt non-charitable related

organization? If "Yes,"complete Schedule R , Part V , line 2 . . . . . . . . . . .37 Did the organization conduct more than 5 percent of i t s activities through an entity that i s no t a related

organization and that i s treated as a partnership for federal income tax purposes? If "Yes,"complete Schedule R ,P art V I . .

Page 4

Yes No

28a N o

28b N o

28c N o

29 N o

30 N o

No31

N o32

N o33

Yes34

35 N o

36 N o

37 N o

Form 990 (2008)


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Form 990 (2008) Page 5Statements Regarding Other IRS Filings and Tax Compliance

Yes Nola Enter th e number reported i n Box 3 of Form 1096, Annual Summary and Transmittal

of U .S . In f ormat io n R et ur ns . E n te r -0 - i f no t applicable . .la 2

b Enter th e number of Forms W-2G included i n l i n e la Enter -0 - i f not applicablelb 0

c Di d th e organization comply with backup withholding rules for reportable payments to vendors and reportablegaming (gambling) winnings to prize winners?2a Enter th e number of employees reporte d on Form W-3, Transmittal of Wage and Ta x

Statements f i l e d for th e calendar year ending with or w it hi n t he year covered by thisreturn 2a 0

b I f at least one i s reported i n 2a, did th e organization f i le a ll required federal employment tax returns'Note : I f the sum o f l i n e s la an d 2 a i s greater than 250, you may be required t o e - f i l e t h i s r e t u r n .

3 a Did the organization have unrelated business gross income o f $1,000 o r more during the year covered by t h i sreturn?

b I f "Yes," has i t f i l e d a Form 990-T f o r t h i s year? I f "No,"provide an explanation i n Schedule 0 . . . . .4a At any time during the calendar year, d i d the organization have an interest i n , o r a signature o r other authorityover, a financial account i n a foreign country (such as a bank account, securities account, o r other financial

account)? .b I f " Yes," e nter the name o f the foreign country

See th e instructions for exceptions and f i l i n g requirements for Form TD F 90-22 . 1 , Report of Foreign Bank andFinancial Accounts.

5a Was th e organization a party to a prohi bi t ed tax shelter transaction at any time during t he t ax year?b Did any taxable party n o t i f y the organization that i t was o r i s a party t o a prohibited tax shelter transaction?c I f "Yes," to 5a or 5b, did th e organization f i l e Form 8886-T, Disclosure by Tax-Exempt Entity Regarding Prohibited

Ta x Shelter Transaction? .6a Di d th e organization solicit any contributions that were n ot t ax deductible? . .

b I f "Yes," d i d the organization include with every solicitation an express statement that such contributions o r g i f t swere not tax deductible? .

7 Organizations t h a t may receive deductible contributions under section 170(c).a Did th e organization provide goods or services i n exchange for any quid pro quo contribution of $75 or

more? . .b I f "Yes," d i d the organization n o t i f y the donor o f the value o f the goods o r services provided?c Di d th e organization s e l l , exchange, or otherwise dispose of tangible personal property for which i t was required to

f i l e Form 82827 .d I f "Yes," indicate the number o f Forms 8282 f i l e d during the year I 7d

1 c Yes

2b Yes

3a N o3 b

4a N o

5a N o5b N o

5 c6a N o

6b

7a

7b

7 c


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Form 990 (2008) Page 6L&ILM Governance , Management and Disclosure (Sections A, B, and Crequest information

aboutpolicies not required by th e Internal Revenue Code.)Section A . Governing Body and Mana g ement

Yes NoFo r each "Yes " r e spo nse t o l in e s 2- 7 below, and f o r a "No"re sp on s e t o l i n es 8 o r 9b below, describe the circumstances,p r o c e s s e s , or changes i n Schedule 0. See instructions.

la Enter the number o f voting members o f the g ov e rn in g b o dy . la 5b Enter the number o f voting members that a re independent . l b 4

2 Did any o f f i c e r , d i r e c t o r , trustee, o r ke y employee have a family relationship o r a b u siness r elationship with anyother o f f i c e r , d i r e c t o r , trustee, o r ke y e m p l o y e e? 2 Y e s

3 Did the organization delegate control o v e r management duties c u s to m ar i l y p e r f o rm e d by o r under the directsupervision o f o f fi c er s , d i re ct ors o r trustees, o r key employees to a management company or other person? 3 No

4 D i d the o rganization make any significant changes to i t s o rganizational documents s i n c e the prior Form 990 wasf i l e d ? . 4 No

5 D id the organization become aw ar e during the year o f a m ate r i al d iv e r s ion o f the organization's ass et s? . 5 No6 Does the organization have members o r stockholders? 6 No7a Does the organization have members, stockholders, o r other per s o ns who may elect o ne o r m o r e members o f the

governing body? . . . . . . . . . . . . . . . . . . . . . . . . 7a Nob A r e any decisions o f the g ov e rn in g b o dy subject t o approval by members, stockholders, o r other pe rs on s? 7b No

8 D id the organization contempo r aneou sly document the meetings held o r written actions undertaken during theyear b y the following

a the governing body? . . . . . . . . . . . . . . . . . . . . . . . . 8a Yesb e a ch co mm ittee with authority t o ac t on behalf o f the governing b o dy? 8 b Y e s

9a Does the organization have l o c a l chapters, branches, o r a f f i l i a t e s ? 9a Nob I f "Yes," d o es the organization have written policies a nd p ro c e du r es governing the activities o f s u c h chapters,

a f f i l i a t e s , and branches t o ensu r e their operations ar e consistent with those o f the organization? . 9b10 Was a copy of the Form 990 provided to the o rganization's governing body b e f o r e i t was f i le d? A ll o r g a n i z a t i o n smust describe i n Schedule 0 the process, i f any, the o rganization uses to review the Form 990 . 10 Yes11 Is there any officer, d i re ct or o r trustee, o r key employee listed i n P a rt V I I , Section A, who cannot b e reached at

the o r gani z ati o n' s m a il ing addre s s? If "Yes," provide the names and addre s s e s i n S che du le 0 11 No

Section B . P ol i c i e sYes No

12a Does the o rganization have a written c o nf l ic t o f i n te r e s t p o l i c y ? If "No", go to l in e 13 . 12a Nob A r e o f f i c e r s , directors o r trustees, and ke y e m p l o y e e s required t o di sc l o s e a nn ua l l y interests that could give r i s et o conflicts? . . . . . . . . . . . . . . . . . . . . . . . . . . 12bc Does the organization regularly and consistently m on ito r a nd enforce c omp l i an c e with the p ol i c y? I f "Yes,"


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Form 990 (2008) Page 71 : M.lkvh$ Compensation of Officers , Directors , Trustees , Key Employees, Highest Compensated

Employees , and Independent Contractors

Section A Officers, Directors, Trustees, Key Employees, and Highest Compensated Employeesla Complete t h i s table f o r a l l persons required t o be l i s t e d Use Schedule J- 2 i f additional space i s needed* List a ll of the organization' s current officers, directors, trustees (whether individuals or organizations) and key employees regardlessof amount of compensation, and current key employees Enter -0 - i n columns (D), (E), and (F) i f no compensation was paid* List th e organization's five current highest compensated employees (other than an officer, director, trustee or key employee)who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from theorganization and any related organizations* L i s t a l l o f the organization's former o f f i c e r s , ke y employees, o r highest compensated employees who received more than $100,000o f reportable compensation from the organization and any related organizations* List a ll of the organization' s former directors or trustees that received, i n the capacity as a former director or trustee of th eorganization, more than $10,000 of reportable compensation from the organization and any related organizationsL i s t persons i n the following order individual trustees o r directors, i n s t i t u t i o n a l trustees, o f f i c e r s , ke y employees, highestcompensated employees, and f or mer such personsfl Check t h i s b ox i f the organization d i d not compensate an y o f f i c e r , d i r e c t o r , trustee o r key employee

(C)Position ( check a l l

that apply) (F )

A)Name an d T i t l e

(B )Avera ehourspe rweek

C , -ZS

1 ^ C .

-E0c a

&

M

Q

EL c r ym- D

m

Ta1

( D)Reportablecompensationfrom theo r g anization ( W2 /1099MISC)

Reportablecompensationfrom relatedorganizations(W - 2/1099-MISC )

Estimatedamount o f othercompensationfrom theo r anization an dgrelatedorganizations

STEPHEN LAROQUE , EXECUTIVE DIR 45 X 167,800 0 0RICKY LANIER , MEMBER 5 X 0 0 0SUSAN LAROQUE , CHAIRMAN 5 X 0 0 0WALTER LAROQUE , SECTREASURER 5 X 0 0 0JOHN MELLING , VICE CHAIRMAN 2 X 0 0 0


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Form 990 (2008) Page 8Continued

(c)Position (check a l l

that apply) (F)

(A)Name an d T i t l e

(B )Average

hpersweek

c - -

D

' DI D- 0QQ

3a- 0Jm

+ a

a

(D )Reportablecompensation

from theo r g anization ( W-2/1099MISC)

Reportablecompensationfrom relatedorganizations(W- 2/1099-

MISC)

Estimatedamount of o thercompensation

from theo r g anization an drelatedorgani zat i o n s

lb Total 167,800 0 0Total number of i n d iv i du al s ( in c l u di n g those i n 1a) who received more than $100,000 in reportablecompensation from the organization-1

NoD id the organization l i s t an y former o f f i c e r , director o r trustee, key employee, o r highest compensated employeeon n e l a ' s I f "Yes,"complete ScheduleI forsu ch individual . . . . . . . . . . . . 3 NoFor any individual listed o nl in e 1 a, i s the sum of reportable compensation and o ther compensation from theorgani zat i o n and related o r g an i za t i o n s g r ea t er than $150,000? If "Yes," complete ScheduleI fo r suchindividual . . . . . . . . . . . . . . . . . . . . . . . . . .Did an y p er so n l i s t e d on l i n e la receive o r accrue compensation from an y unrelated organization f o r servicesrendered t o the organization ? I f " Y e s , "complete ScheduleI f o r su ch person . . . . . . . . . 5 No

Section B . Independent Contractors1 Complete this table fo r your five highest compensated independent contractors that received more than

$100,000 of compensation from t he organi zat i o n


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Form 990 (2008) Page 9Statement of Revenue

(A) (B) (C) (D)Total Revenue Related o r Unrelated Revenue

Exempt Business Excluded fromFunction Revenue Tax under IRCRevenue 512, 513, or 514

l a Federated campaigns . l ab Membership dues

lbc Fundraising events .

+ 1 { G 1cd Related organizations . .1 de Government grants ( c o n t r i b u t i o n s ) lef A l l other c o n t r i b u t i o n s , g i f t s , g r a n t s , an d

s i m i l a r amounts not i n c l u d e d above`^C} i fg Noncash contributions included i n0 M l i n e s la-1f $h Total ( Add l i n e s la-1f ) . . . . .

1 0 -Business Code

2a INTERESTFEES ON RL F 900,099 372,706 186,353 186,353b INTERESTFEES ON RBEG 900,099 10,840 5,420 5,420C HOUSING SALES 531,390

U def A l l other program service revenue

Og Total . Add l i n e s 2a-2f . . . . . . . .

0 - $ 383,5463 I nves t men t i n co me (including dividends, interest

other similar amounts) .4 Income from investment o f tax-exempt bond proceeds

5 Royal t ies .( i ) Real ( i i ) Personal


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Form 990 (2008) Page 101:Me Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete a l l columns.A l l otner or anizations must corn i e t e column w Dui are not r e uirea to com i e t e coiumns e s , c , an a u .

Do not include amounts reported on lines 6b, 7b,8b , 9b , and 10b of Part VIII .i i

( A )T o t a l expenses

(B)Program s e r v i c eexpenses

(C)Management andgeneral expenses

(D)Fundraisingexpenses

1 Grants and other assistance to governments and organizationsin the U S See P ar t I V, l i n e 21

2 Grants and other assistance to individuals in theU S See P ar t I V, l i n e 22

3 Grants and other assistance to governments,organizations and individuals outside the U S SeeP ar t I V, lines 15 and 16

4 Benefits paid t o o r f o r members5 Compensation of current officers, directors , trustees, and

key employees . .6 Compensation no t inc luded above, to disqualified persons

(as defined under section 4958 ( f)(1)) and personsdescribed in section 4958 ( c)(3)(B) .7 Other salaries an d wages8 Pension plan contributions ( include section 401(k) and section

40 3(b) employer contributions) .9 Other employee benefits10 Payroll taxes11 Fees fo r services ( non-employees)

a Management 167,800 167,800b Legalc Accounting 9,872 9,872d Lobbyinge Professional fundraising See Part IV , l ine 17f Investment management feesg Other

12 Advertising and promotion .13 Office expenses 824 461 36314 Information technology15 Royalties16 Occupancy 3,600 3,600


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Form 990 (2008) Page 11Balance Sheet

(A) (B )Beginning of year End of year

1 Cash-non-interest-bearing . . . . . . . . . . . . . . . 12 Savings and temporary cash investments 3,406,511 2 3,245,0973 P le dg es a nd grants receivable, net 34 Accounts receivable, ne t 45 Receivables from current a nd f or me r o f f i c e r s , directors, trustees, ke y employees o r

other related parties Complete P a r t I I o f Schedule L 56 Receivables f ro m o th er disqualified persons ( a s defined under section 4958(f)(1)) an d

persons described i n section 4958(c)(3)(B) Complete Part II of Schedule L . 67 Notes and loans receivable, ne t 2,474,276 7 2,668,8868 Inventories fo r sale or use 89 Prepaid expenses an d deferred charges 910a

+ 6 Land, buildings, an d e qu ipment cost basis 10a 141,723b Less accumulated depreciati on Complete Part VI of

Schedule D . 10b 141,723 10c 141,72311 Investments-publicly traded securities 1112 Investments-other securities See Pa rt I V, l i n e 11 Complete Part VI I of

Schedule D . . 1213 Investments-program-related See Pa rt I V, l i n e 11 Complete Part VIII

o f Schedule D . 1314 Intangi ble assets 1415 Other assets See Part IV, l i n e 11 Complete Part IX of Schedule

D . 1516 Total assets . Add lines 1 through 15 (must e qual line 3 4) 6,022,510 16 6,055,70617 Accounts payable and accrued expenses 49,382 17 15,90018 Grants payable 1819 Deferred revenue 1920 Tax-exempt bond liabilities 20

} 21 Escrow account l i a b i l i t y Complete Part IVof ScheduleD . 2122 Payable t o current a nd f or me r o f f i c e r s , directors, trustees, ke y

employees, highest compensated employees, an d disqualifiedpersons Complete Part II of Schedule L . 22

23 Secured mortgages and notes payable to unrelated third parties 5,102,774 23 5,191,996


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lefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93493228033080SCHEDULE A P u b l i c Charity Status a nd P u b l i c Support OMB No 1545-0047(Form 990 o r 990EZ) 2008

To be completed by a l l section 501(c)(3) organizations and section 4947(a)(1)D e p a r t m e n t o f t h e T r e a s u r y nonexempt c h a r i t ab l e trusts.I n t e r n a l Revenue S e r v i c e Attach to Form 990 or Form 990- E Z . See separate instructions . . -

Name of the organization Employer identification numberEAS T CAROLINA DEVELOPMENT CO IN C

56-2044953E:MONReason for Public Charity Status (to be comDleted by a l l oraanlzatlons) (See Instructions)Th e organization i s not a private foundation because i t i s (Please check only one organization )

1 1 A church, convention of churches, or association of churches described in Section 170(b)(1)(A)(i).2 1 A school described in Section 170(b) (1 ) (A ) (ii). (Attach Schedule E )3 1 A h os p it a l or a cooperative h os p it a l s e r v i c e o r ga n i za t i o n described i n Section 170(b)( 1)(A)( i i i ). (Attach Schedule H4 1 A m ed ica l r es ea rch organization operated i n conjunction with a hospital described i n Section 170 (b)(1)(A)(iii). Enter th e

hospital's name, city, and s t at e5 1 A n organization operated for t he be ne fi t of a college or u n i v er s it y owned or operated by a governmental unit described in

Section 170 ( b)(1)(A)(iv ) . (Complete Part I I )6 1 A f e d e r a l , state, o r l o c a l government o r g o v ernmenta l u n i t described i n Section 170 ( b)(1)(A)(v).7 F An organization t h at normally r ec e i v e s a s u b s t a n t i a l pa rt of it s support from a governmental u ni t o r from th e g e n e r a l public

described in Section 170 ( b)(1)(A)(vi ) (Complete P art I I )8 1 A community trust described in Section 170 ( b)(1)(A)(vi ) (Complete P art I I )9 1 An organization that n or m al l y r ece i v es ( 1 ) more than 331/3% o f i t s s u pp or t f ro m contributions, membership fees, a nd gross

receipts from activities related t o i t s exempt functions-subject t o certain e xce pti ons, an d ( 2 ) no more than 331/3% o fit s support from gross investment income and u n r e l a t e d business t a x ab l e income (les s section 511 tax) from businessesacquired by th e organization after June 30 , 1975 See Section 509( a ) ( 2 ) . (Complete Part III )

10 1 An organization organized and operated e x c l u s i v e l y to test for public s a f e t y See Section 509(a )(4). (See instructions11 1 An organization organized and operated e x c l u s i v e l y for t he be ne fi t o f, to perform th e functions o f, or to carry ou t th e purposes of

one or more publicly supported o r g a n iz a t i o n s described i n section 509(a)(1) or section 509(a)(2) See Section 509(a) (3). Checkth e box t h at describes th e type of supporting organization and complete lines 11e through 11h

a 1Type I b 1Type I I c 1Type III - Functionally Integrated d 1Type III - Othere ( - By checking this box, I certify t h at th e organization is no t controlled d ir ect ly o r i nd ir ect ly by one or more disqualified persons

o t h e r than foundation managers and o t h e r than one or more publicly supported o r g a n iz a t i o n s described in section 509(a)(1) ors ec t i o n 509(a)(2)

f I f th e organization received a written determination from th e IRS t h at i t is a Type I , Type I I or Type III supporting organization,check this box ( -

g Since August 17, 2006, has th e organization accepted any g i f t or contribution from any of th efollowing persons?( i ) a person who directly o r indirectly controls, either alone o r together with p e rs o ns d es cr ibe d i n ( i i ) Ye s Noa nd ( i i i ) below, th e governing body o f th e th e supported organization? 11g(i)

Schedule A (Form 990 o r 990-EZ) 2008


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Page 2Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170 ( b)(1)(A)(vi)(Complete only i f you checked the box on l i n e 5 , 7 , or 8 of Part I . )

Public SuooortCalendar year (or fiscal year beginning i n ) (a) 2004 (b) 2005 (c) 2006 (d) 2007 (e) 2008 (f) Total

1 G i f t s , grants, contributions, an dmembership fees received (Do not 40,000 40,000include a ny "un us ual grants " )

2 Tax revenues levied f o r the organization'sbenefit an d either paid t o o r expended oni t s behalf3 The value o f services o r f a c i l i t i e sfurnished by a governmental u ni t t o theorganization without charge

4 Total . Add l i n e 1-3 40,000 40,0005 The portion o f t o t a l contribution by each

person (other than a government u n i t o rpublicly supported organization) includedon l i n e 1 that exceed 2% o f the amountshown on l i n e 11 , column( f )

6 Public Support subtract l i n e 5 from l i n e40,000

Total SupportCalendar year (or fiscal year beginning i n ) (a) 2004 (b) 2005 (c) 2006 (d) 2007 (e) 2008 (f) Total7 Amounts from l i n e 4 45,948 40, 000 40,0008 Gross income from i n t e r e s t , dividends,

payments received on s e cu ri t i es l oa n s, 3,066 45,948 49, 2 49 2 5,199 46,832 170,2 94rents, royalties an d income from similarsources

9 Ne t income from unrelated businessa c t i v i t i e s , whether o r n ot the business i sregularly carried on

10 Other income Do not i n clude g ai n or los sfrom the sale of capital assets (Explain in 11,935 11,935Part IV )

11 Total Support (Add lines 7 through 10) 2 2 2 , 2 2912 Gross receipts from related activities, etc (See instructions 1213 First Five Years. I f the Form 990 i s for the organization's f i r s t , second, third, f ou rth, o r f i f t h t ax year as a 501(c)(3)

organization, check t h i s box an d s top here

Comp utation o f P ubli c Support Percentag e14 Public Support Percentage for 2008 ( l i n e 6 column ( f ) divided by l i n e 11 column ( f) ) 14 18.000%15 Public Support Percentage for 2007 Schedule A, Part IV-A, l i n e 26f 1516a 33 1 / 3% Test - 2008 . I f the organization did not check th e box on l i n e 1 3, and l i n e 14 is 33 1 / 3% or more, check this box

and stop here . The organization qualifies as a publicly supported organization

Schedule A (Form 990 o r 990-EZ) 2008 Page 3


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IMMOTMSupport Schedule for Organizations Described in IRC 509(a)(2)(Complete only i f y ou checked the bo x on l i n e 9 of Part I . )

Section A . Public SupportCalendar year (or f i s cal year beginning i n ) (a) 2004 (b) 2005 (c) 2006 (d) 2007 (e) 2008 (f) Total

1 G i f t s , grants, contributions, an dmembership fees received (D o notinclude a ny " un us ua l grants " )

2 Gross receipts from admissions,merchandise sold o r services performed,o r f a c i l i t i e s furnished i n an y activity thati s related t o the organization's tax-exempt purpose

3 Gross receipts from activities t hat arenot an unrelated trade o r business undersection 513

4 Tax revenues levied f o r theorganization's benefit an d either paid t oo r expended on i t s behalf

5 The value o f services o r f a c i l i t i e sfurnished by a governmental u n i t t o theorganization without charge

6 Total Add lines 1-57a Amounts i ncluded o n l i n e s 1 , 2 , an d 3

received from disqualified personsb Amounts included on l i n e s 2 an d 3

received from other than disqualifiedpersons that exceed the greater o f 1% o fthe total of lines 9, 10c, 11 , and 12 forthe year or $5,000

c Total o f l i n e s 7a an d 7b8 Public Support (Substract l i n e 7c from

l i n e 6)Total SupportCalendar year (or f i s cal year beginning i n )9 Amounts from l i n e 6

10a Gross income from i n t e r e s t , dividends,payments received on securities loans,rents, royalties an d income from similarsources

b Unrelated business taxable income (lesssection 511 taxes) from businessesacquired after 30 June, 1975

c Add l i n e s 10a an d 10b11 Net income from unrelated businessa c t i v i t i e s not included i n l i n e 10b,

whether o r n ot the business i s regularly

(a) 2004 (b) 2005 (c) 2006 (d) 2007 (e) 2008 (f) Total

Schedule A (Form 990 o r 990-EZ) 2008 Page 4


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MOWupplemental Information . Complete this part to provide t he information required by Part I I , l i n e 10;Part I I , l i n e 17a or 17b, or Part I I I , l i n e 1 2 . Provide an d any other additional information. (see instructions)

Facts and Circumstances Test

Schedule A (Form 990 or 990-EZ) 2008



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SCHEDULE D OMB No 1545-0047(Form 990) Supplemental F i n a n c i a l Statements 2008D e p a r t m e n t o f t h e T r e a s u r y 1 - Attach to Form 990 . To be completed by organizat io n s t ha tI n t e r n a l Revenue S e r v i c e answered " Yes," to Form 9 9 0, P ar t IV , line 6 , 7 , 8 , 9 , 10 11, or 12.

Name of the organization Employer identi f ica tion numberEAST CAROLINA DEVELOPMENT CO IN C

56-2044953Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts . Complete i f t heor g a niz a tio n answered "Yes" to Form 990 Part IV , l i n e 6 .

(a) Donor ad v is ed funds (b ) Fun d s a nd other accounts1 Total number a t end o f year2 Aggregate Contributions to ( du r i ng y e a r )3 Aggregate Grants from ( du r i ng y e a r )4 Aggregate v a l u e at end of year5 Di d the o r ga n iza t ion i n for m a l l don or s a nd d on or advisors i n w r i t i n g t ha t t he a s s et s held i n d on o r a d vi s e d

funds a re t he organization's property, subject t o th e organization's exclusive l e g a l control? 1Ye s 1No6 Di d the organization inform a l l g r a nt e e s , donor s, a nd d on or advisors i n w r i t i n g that g ra n t f u nd s may b e

u s e d only f o r charitable pu r po se s a nd not f o r t he b en ef it o f the donor o r donor advisor o r otherimpermissible pri va te b e n e f i t ? 1Yes 1No

WWWW-onservation Easements . Complete i f the organization answered "Yes" t o Form 990, Part IV, l i n e 7 .1 Purpose(s) o f conservation easements held by the organization (check a l l that apply)1 Pre s e r v a t i on o f land f o r public u s e ( e g , recreation o r pleasure) 1 Pre s e r v a t i on o f an h i s t o r i c a l l y importantly land area1 Protection o f natural habitat 1 Pre s e r v a t i on o f c e r t i fi e d h i s t o r i c structure1 Preservation of open space

2 Complete l i n e s 2a-2d i f the organization held a q u a l i f i e d conservation contribution i n the form o f a conservation easementon the l a s t da y o f t he t ax yearHeld at t he En d of the Year

a Total number o f conservation easements 2ab Total acr eage restricted by conservation easements 2 bc Number o f conservation easements on a c e r t i f i e d h i s t o r i c structure included i n ( a ) 2cd N umber o f conservation easements included i n ( c ) acquired a f t e r 8 / 17/06 2d

3 N umber o f conservation easements modified, transferred , released, extinguished , o r terminated by the organization duringthe taxable year 0 -

4 Number o f states where property subject t o conservation easement i s located 0 -


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Schedule D (Form 990) 2008 Page 2Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

3 Using the org ani z ation 's access ion and other records, c h e c k a ny o f the following th at are a significant use o f i t s collectionitems ( c h e c k a l l that apply)

a F_ P u b l ic e x h ib ition d 1 Loan o r exchange programsb 1 Scholarly research e F Otherc F Preservation f o r future generations

4 Provide a des cription of th e or g a n i z at i o n ' s c o l l e ct i o n s and e x p l a i n how they f u rt h er t h e organization's exempt purpose i nP art XIV5 Duri ng th e ye ar, d i d the organization s o l i c i t o r receive donations o f a r t , historical treasures o r other similar

assets t o b e sol d t o r a i s e funds rather than t o be maintained as part o f the organization's collection? 1Ye s 1NoTrust, Escrow and Custodial Arrangements . Complete i f th e orga n i z ati o n answered "Yes" to Form 990,Part IV , l i n e 9 , or reported an amount on Form 990, Part X, l i n e 21 .

l a I s the o rg an i za ti o n a n a ge n t, trustee, custodian o r other intermediary f o r contributions o r other assets no ti n c l u d e d on Form 990, Part X ' ' 1Yes f l No

b I f "Yes," e x p l ai n why i n Part XIV a nd compl ete th e f ol l ow in g ta bl e

c Beginning balanced Additions during the yeare Distributions during th e yearf E nd i ng b a l an ce

2a Di d th e o rg an i z a ti o n i n cl u d e an amount on Form 990, Part X, l i n e 21''b I f "Yes, " e x p l a i n th e arrangement i n P art XIV

Endowment Funds . Complete i f th e organization answered "Yes" t o Form 990, Part IV, l i n e 1 0 .(a)Current Year ( b ) P r i o r Year (c )T w o Ye ars B ac k ( d) Th re e Ye ars Ba ck ( e) Fo ur Ye ars Ba ck

l a Beginning of year balanceb Contributionsc Investment earnings or l o s s e sd Grants or scholarships .e Other expenditures fo r facilities

and programsf Administrative e x p e n s e sg En d o f y ea r b a l a nc e

2 Provide th e estimated percentage o f th e y ea r e nd b al an ce hel d asa B o a rd d e si g na te d o r quasi-endowment 0 -

f l Yes lNo


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Schedule D (Form 990) 2008 Page 3Investments-Other Securities . See Form 990, Part X , l i n e 1 2 .

(a ) Description o f security o r cateory ( c ) Method o f valuation(including name o f security) (b )Book value Cost o r end-of-year market value

Financial derivatives a nd other financial products IClosely-held equity interestsOther

Total . (Column ( b ) should equal Form 990, Part X, c o l ( B ) l i n e 12) 0 1


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Schedule D (Form 990) 2008 Page 4Reconciliation of Chang e i n Net Assets from Form 990 to Financial Statemen ts

1 Total revenue (Form 990, Part VIII, column (A), l i n e 12) 1 477,2102 Total expenses (Form 990, Part IX, column (A), l i n e 25) 2 258,5263 Excess or (deficit) for the year Subtract l i n e 2 from l i n e 1 3 218,6844 Net unrealize d g ains ( los s e s ) on investments 45 Donated services and us e o f f a c i l i t i e s 56 Investment expenses 67 Prior period adjustments 78 Other (Describe in Part XIV) 89 Total adjustments (net) Add lines 4 - 8 910 Excess or (deficit) for the year pe r financial statements Combine lines 3 and 9 10 218,684

Reconciliation of Revenue p er Audited Financial Statements With Revenue p er Return1 Total revenue, gains, and other support per audite d financial

statements 1238,605

2abcde

Amounts i nc lu d ed o n l i n e 1 but not on Form 990, Part VIII, l i n e 12Net unrealized gains on investments . 2aDonated services and use of facilities . 2bRecoveries of prior year grants 2cOther (Describe in Part XIV) 2dAdd lines 2a through 2d e

3 Subtract l i n e 2e from l i n e 1 . 3 238,6054abc

Amounts included on Form 990, Part VIII, l i n e 12, bu t not on l i n e 1Investment expenses not included on Form 990, Part VIII, l i n e 7b 4aOther (Describe in Part XIV) 4bAdd lines 4a and 4b . c

5 Total Revenue Add lines 3 and 4c. (This should equal Form 990, Part I , l i n e 12 . 5 238,605Reconciliation of Exp enses p er Audited Financial Statements With Exp ense s p er Return

1 Total expenses and losses per audite d financial statements 1 258,5262a

Amounts included on l i n e 1 but not on Form 990, Part IX, l i n e 25Donated services and use of facilities . 2a

b Prior year adjus tments 2bc Losses reported on Form 990, Part IX, l i n e 25 . 2cd Other (Describe i n Part XIV) 2d



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Schedule J Compensation Information OMB No 1545-0047(Form 990) 2008F o r c e rt a i n O f fi ce r s, Directors, Trustees , Key Employees, and Highest

Compensated EmployeesD e p a r t m e n t o f t h e T r e a s u r y 1 - Attach to Form 990. To be completed by organizations ' t o Pub li cI n t e r n a l Revenue S e r v i c e that answered " Yes" to Form 9 9 0, Par t IV , line 23 . InspectionName of t he organizationEAST CAROLINA DEVELOPMENT CO I NC

Employer identification number

56-2044953Questions Regarding Compensation

l a Check the appropiate box(es ) i f the organiza tio n provided any of t he f ol l ow in g to or for a person listed i n Form990, Part VII , Section A, l i n e la Complete Part I I I to p r o v i d e any r e l e v an t i n f o rm at i o n r e g a r d i n g these items1 First class or charter travel 1 Housing allowance or residence for personal use1 Travel for companions 1 Payments for business use of personal residence1 Tax idem nificatio n and gross - u p payments 1 Health or social club dues or initiation f e e s1 Discretionary sp en d in g account 1 Personal services ( e g , maid, chauffeur, chef)

b I f l i n e la i s checked, d i d th e organization follow a w ri t te n p ol icy regarding payment o r r eimbursemen t o rprovision o f a l l the ex p e n s e s described abo v e? I f "No," complete Part I I I t o explain l b

2 Di d t he organization require substantiation p r i or t o reimbursing o r allowing expenses i n cu r re d by a l lo f f i c e r s , directors, trustees, an d the CEO/Executive Director, regarding the items checked i n l i n e 1a ? 2

3 I n di cat e whi ch, i f any, of t he f ol lo wi ng t he organiza tio n uses to es tablish t he compensation of theorganiza tio n ' s CEO/Executive Directo r Check al l that a p p l yfl Compensation committee f l Wr i t t e n employment contractfl Independent compensation consultant fl Compensation survey or studyfl Form 990 of ot he r or gan i zat i on s f l Approval by the board or compensation committee

Yes I No

4 During t he ye ar , di d any person listed i n Form 990, Pa rt V II , Section A, l i n e laa Receive a severance payment or change of control payment? 4a Nob Par ti ci pat e i n, or r e c e i v e payment from, a supplemental no nq ua lified retirement p la n? 4b Noc Participate i n, or r e c e i v e payment from, an equity-based compensation arrangement? 4c No

I f "Yes" to any o f l in es 4a-c, l i s t t he persons and p r o v i d e the app licable amounts for each i t e m i n Part II I

501(c ) ( 3) and 501( c)(4) organizations o n l y must complete l in e s 5 -8 .5 For persons listed i n form 990, Pa rt VI I , Section A, l i n e l a, di d the organiza tio n pay or accrue any

compensation contingent on the revenues of

Schedule J (Form 990) 2008 Page 2


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VVITFI-fficers , Directors , Trustees , Key Employees, and Highest Compensated Employees. Use Schedule 3- 1 i f additional space needed.Fo r each individual whose compensation must be reported i n Schedule J , report compensation from th e organization on row (i ) and from related organizations described i n th einstructions on row ( i i ) Do no t l i s t any individuals that ar e no t listed on Form 990, Part VII

Note . The sum of columns ( B ) ( i ) - ( i i i ) must equal th e applicable column (D) or column (E ) amounts on Form 990, Part VII, l i n e la

(A) Name (B ) Breakdown of W-2 and/or 1099-MISC compensation (C ) Deferred (D ) Nontaxable (E ) Total of columns (F ) Compensation(i ) Base

compensation( i i ) Bonus &

i n c e n t i v ecompensation

( i i i ) Othercompensation

compensation benefits (B)(i)-(D) reported i n p r i o r Form99 0 o r F or m 9 9 0- E Z

STEPHEN LAROQUE ( ^ ) 167,800 167,800

( i i )(i )( i i )(i )( i i )(i )( i i )(i )( i i )(i )( i i )(i )( i i )(i )( i i )

Schedule 3 (Form 990) 2008

Schedule J (Form 990) 2008 Page 3


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EIRISTW Supplemental InformationComplete t h i s p a r t t o p r o v i d e t h e i n f or m a t io n , e x p l a n a t i o n , o r d e s c r i p t i o n s r e q u i r e d f o r P a r t I , l i n e s la , 1b , 4c , 5 a, 5 b, 6a , 6b , 7 , a nd 8 A ls o c o mp l e t e t h i s p a r t f o r a ny a d d i t i o n a l i n f o r m a t i o n

I II d e n t i f i e r Ret u r n ExplanationR e f e r e n c e

Schedule 3 (Form 990) 2008



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SCHEDULE0 OMB No 1545 0047(Form 9 9 0 ) Supplemental Information t o Form 990 2008D e p a r t m e n t o f t h e T r e a s u r y 1 - Attach to Form 9 90 . To be complet ed b y o rg an i za t io ns t o p ro vi de additional information forI n t e r n a l R e v e n u e S e r v i c e responses to specific questions fo r t he Form 9 90 or to provide an y additional information . OpenITsi)ectiOTName of the organizationEAST CAROLINA DEVELOPMENT CO I NC

Employer identification number56-2044953

I d e n t i f i e r Return ExplanationR efer enc e0 1 O f fi c e r , d ir e c to r s , e tc f a m i l y Stephen LaRoque - Executive D i r e c t o r S u sa n L aR oq ue Chairperson wife Walterr e l a ti on s h ip ( P a rt V I , l i n e 2 ) LaRoque SecretaryTreasurer b r o t h e r

I d e n t i f i e r Return R efer enc e Explanation02 Form 99 0 governing body review ( P a r t V I, l i n e 1 0 ) Executive D i r e c t o r was p r o v i d e d a copy o f r e t u r n p r i o r t o i t s f i l i n g

I d e n t i f i e r Return ExplanationR efer enc e03 G ov er n in g documents, e t c , a v a i l a b l e t o p u b l i c ( P a r t Governing documents a r e made a v a il a bl e f or p u b l i c i n s p e c t i o nV I , l i n e 1 9 ) upon request

For Paperwork ReduchonActNohce , seethe Instructons forForm 9 9 0 Cat No 51056K Schedule 0 (Form 9 9 0 ) 2 0 0 8

l efile GRAPHIC p rint - DO NOT PROCESS As Fil ed Data - DLN:93493228033080OMB No 1545-0047


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SCHEDULE R Related Organizations a nd U n rela ted Pa r tn er ships(Form 9 9 0 )D e p a r t m e n t o f th e T r e a s u r yI n t e r n a l Revenue S e r v i c e

- Attach to Form 990 . To be completed by organizations that answerd "Yes" to Form 9 90 , P a r t IV , lines 33 , 3 4, 3 5, 3 6, or 37 .- See separate in s t r uc t io n s .

z o o sName of the organization Employer iden t ific at io n numberEAST CAROLINA DEVELOPMENT CO IN C

56-2044953

I d e n t i f ic a t i o n o f Disregarded Enti ti e s(A)Na m e, address, an d EIN o f disregarded e n t i t y (B)Primary a c t i v i t y (C)L e g a l domicile ( s t a t e

o r f o re i gn country)(D )

T o t a l i ncome ( E )End-of-year assets ( F )D i r e c t c o n t r o l l i n ge n t i t y

I d e n t i f ic a t i o n o f Related Tax-Exempt Organizations(A)Na m e, address, an d EIN o f r e la t e d organization (B )Primary a c t i v i t y (C)L e g a l domicile ( s t a t e

o r f o re i gn country)(D )Exempt Co de s e c t i o n ( E )P u b l i c c h a ri t y s t a t us

( i f s e c t i o n 501(c)(3))( F )

D i r e c t c o n t ro l li n ge n t i t y

PIEDMONT DEVELOPMENT CO2312 HODGES RDK i n s t o n , NC2850402-0708580

EXPAND SMALL BUSINESSES NC NA

Schedule R (Form 990) 2008 Page 2Identification of Related Organizations Taxable as a Partnership


25/27

(A)Name, address, and EI N o f

r e l a t e d organization(B )

Primary a c t i v i t yL e g a l

domicile( s t a t e orf o r e i g ncountry)

(D)D i r e c t c o n t ro l l i ng

e n t i t y

( E )Predominantincome(related,

investment,unrelated)

( F )Share o f t o t a l income

(G )Share o f end-ofyear assets

Disproprtionatea l l o c a t i o n s ?

(I )Code V-UBI amounton

Bo x 20 o f K- I

General o rmanagingp a r t ner?

Yes No Yes No

Identification of Related Organizations Taxable as a Corporation or Trust(A)

Name, address, and EI N o f r el at e d organization(B )

Primary a c t i v i t y(C)

L e g a l domicile( s t a t e orf o r e i g ncountry)

(D )D i r e c t c o n t ro l l i ng

e n t i t y( E )Ty pe o f e n t i t y

(C c o r p , S c o r p ,o r t r u s t )

Share o f t o t a lincome

(G )Share o f

end-of-yearassets

(H)Percentageownership

Schedule R (Form 990) 2008

Schedule R (Form 990) 2008 Page 3Transactions with Related Organizations


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Note . Complete l i n e 1 i f any entity is listed in Parts I I , II I or I V1 During t he t ax year, did the orgranization engage in any of th e following transactions with one or more related organizations listed in Parts II-IV?a Receipt of ( i) interest ( i i ) annuities ( i i i ) royalties (iv) rent from a controlled entityb G i f t , grant, o r capital contribution t o other organization(s)c G i f t , grant, o r capital contribution f rom other organization(s)d Loans o r loan guarantees t o o r f or other organization(s)e Loans or loan guarantees b y o t he r o r gan iz at i o n( s )

f Sale o f assets t o other organization(s)g Purchase o f a s se ts f ro m other organization(s)h Exchange o f assetsi Lease o f f a c i l i t i e s , equipment, o r other assets t o other organization(s)

j Lease o f f a c i l i t i e s , equipment, o r o the r a s se ts f ro m o th er organization(s)k Performance o f services o r membership o r fundraising solicitations f or other organization(s)I Performance of services o r membership o r fundraising solicitations by other organization(s)m Sharing o f f a c i l i t i e s , equipment, mailing l i s t s , o r other assetsn Sharing of paid employees

o Reimbursement paid to other organization for expensesp Reimbursement paid b y o t h er o r gan iz ati o n for expenses

q Other transfer of cash or pro perty to other organization( s)r Other transfer of cash o r prope rt y f rom other organization(s)

2 If the answer t o an y o f the above i s "Yes," s ee the instructions f or information on wh o must complete t h i s l i n e , including covered relationships and transaction thresholds

No

Name o f other organization(s) Transactiontype(a-r) Cmount Involved(1)

(2)

(3)

(4)

(5)

(6)

Schedule R (Form 990) 2008 Page


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Unrelated Organizations Taxable as a PartnershipProvide th e following information f o r each e n t i t y taxed as a p a r tn er s hip t h rou g h which th e organization c on d uc te d m o re tha n f i v e percent o f i t s a c t i v i t i e s (measured by t o t a l assetso r gross revenue) that w as no t a related organization Se e instructions re g ardin g exclu s io n f o r certain i n v e s tme n t partnerships

(A)Name, address, an d EI N o f e n t i t y

(B)Primary a c t i v i t y

(C)L e g a l domicile( s t a t e or f o r e i g n

country)

A(eallPartnerss e c t i o n

501(c)(3)organizations?

( E )Share o fend-of-year

assets

( F )Disproprtionatea l l o c a t i o n s ?

(G)Co d e V-UBI

amount on B ox20 o f K- I

(H)General o rma n a g i n g

r t ne r 7a

Ye s No Ye s No Ye s No

Schedule R (Form 990) 2008

ECDC 2009 Tax Return

Documents

Transcript of ECDC 2009 Tax Return