Dec

18

06

05:05p

Angie

Johnson

252-527-5488

P,5

EAST CAROLINA DEVELOPMENT Schedu le A (Form 990 or 990 -E1) 2004

CO,

INC

56-2044953
Pace 2

Part 111
r0

Statements About Activities (See page 2 of the instructions)

Yes

No

During the year, has the organization attempted to influence national, state, or local legislation, including any attempt to influence public opinion on a legislative matter or referendum? If "Yes,' enter the total expenses paid or incurred in connection with the lobbying activities Part VI-A, or line t of Part VI-B) (Must equal amounts on line 38, . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

Organizations that made an election under section 501(h) by filing Form 5768 must complete Part VI-A Other
organizations checking "Yes" must complete Part VI-B AND attach a statement giving a detailed description of the lobbying activities 2 During the year, has the organization, either directly or indirectly, engaged in any of the following acts with any substantial contributors, trustees, directors, officers, creators, key employees, or members of their families, or with any taxable organization with which any such person is affiliated as an officer, director, trustee, majority owner, or principal beneficiary' (If the answer to any question is 'Yes," attach a detailed statement explaining the

transactions ) a b
c d e 3a

Sale, exchange, or leasing of property. . . . . . . . . . . . . . . . .. . . . . . .. . . .. . . . . . . . . . . . Lending of money or other extension of credit? . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . .

Furnishing of goods, services, or facilities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Payment of compensation (or payment or reimbursement of expenses if more than $1,000)" Transfer of any part of its income or assets?

2a 2b
2c 2d 2e

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Do you make gants for scholarships, fellowships, student loans, etc " (If 'Yes," attach an explanation of how you determine that recipients qualify to receive payments) 3a 3b . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b Do you have a section 4o3(b) annuity plan for your employees? 4 a b on the use or distribution of funds . .

Did you maintain any separate account for participating donors where donors have the right to provide advice . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4a 4b Do you provide credit counseling, debt management, credit repair, or debt negotiation services?

,Pad V Reason for Non -Private Foundation Status (See pages 3 through 6 of the instructions.)
The organization is not a private foundation because it is (Please check only ONE applicable box ) 5 6 7 8 9 10 11a u A church, convention of churches, or association of churches Section 170(b)(1)(A)() u A school Section 170(b)(1)(A)(u) (Also complete Part V) u A hospital or a cooperative hospital service organization Section 170(b)(1)(A)(ui) u A Federal, state, or local government or governmental unit Section 170(b)(1)(A)(v). u u A medical research organization operated in conjunction with a hospital Section 170(b)(1)(A)(w). Enter the hospital's name, city, and state ^ An organization operated for the benefit of a college or university ovmed or operated by a governmental unit. Section 170(b)(1)(A)(w) (Also complete the Support Schedule in Part IV-A ) An organization that normally receives a substantial part of its support from a governmental unit or from the general public Section 170(b)(1)(A)(vi) (Also complete the Support Schedule in Part IV-A )

11b
12

u A community trust Section 170(b)(1)(A)(vi) (Also complete the Support Schedule in Part IV-A)
u An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its chantable, etc , functions - subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 See section 509(a)(2). (Also complete the Support Schedule in Part IV-A )

13

An organization that is not controlled by any disqualified persons (other than foundation managers) and supports organizations described in (1) lines 5 through 12 above, or (2) section 501(c)(4), (5), or (6), it they meet the test of section 509(a)(2) (See section 509(a)(3)) Provide the following information about the supported organizations (See page 5 of the instructions.) (a) Name(s) of supported organization(s) I (b) Line number from above

14

u An organization organized and operated to test for public safety. Section 509(a)(4) (See page 5 of the instructions-)
EEA Scheddc A (Fon n 990 or 990-E7-) 2004

Dec

18

06

05:O6p

Angie

Johnson

252-527-5488

p-6

EAST CAROLINA DEVELOPMENT CO,

Schedule A (Form 990 or 990-EZ) 2004

INC

56-2044953
Page 3

Part IV - AT Support Schedule ( Complete only if you checked a box on line 10, 11, or 12) Use cash method of accounting. -Note. Ynr, may use the worksheet in the instructions for convertrna from the accrual to the cash method of accounting Calendar year (or fiscal year beginning in) 15 . ^ (a) 2003 ( b) 2002 ( c) 2001 ( d) 2000 ( e) Total

Gifts, grants , and contributions received (Do

not include unusual grants See line 28 )

16 17 Membership fees received Gross receipts from admissions , merchandise

99,900

9 9, 9 0 0

199, 800

sold or services performed , or furnishing of facilities in any activity that is related to the org anization ' s charitable etc p ur pose
18 Gross income from interest, dividends, amounts received from payments on securities loans ( section 512 ( a)(5)), rents, royalties, and unrelated bus i ness taxable income (less section 511 taxes ) from businesses acquired by the organization after June 30, 1975 Net income from unrelated business

272,932

212 , 4 9 7

241, 023

241, 023

9 6 7, 475

6,082

5, 9 0 9

3 0, 4 9 8

39,55S

82,044

19 20

activities not included in line 18

Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf . 21 . .

The value of services or facilities furnished to the organization by a governmental unit without charge Do not include the value of services or facilit es generally furnished to the public without charge . Other income Attach a schedule Do not include gain or ((ass ) from sale of capital assets Total of lines 15 through 22

22 23

279,014

24
25 26 b

Line 23 minus line 17

Enterl%ofline23 . Organizations described on lines 10 or 11 :

6, 082 2,790

300 318, 606 106, 109 3,186

371, 71,421 130, 398, 3,714

600 300 280, 878 1,249, 919 39, 855 282, 444 2,809
^ 26a .5, 6 4 9

a Enter 2% of amount in column ( e), line 24

. . . . . . . . . .

Prepare a list for your records to show the name of and amount contributed by each person ( other than a governmental unit or publicly supported organization ) whose total gifts for 2000 through 2003 exceeded the amount shown in hne 25a Do not file this list with your return . Enter the total of all these excess amounts . . 26b 26c 1 . . . . . . . . . . . . . . . ' ^ 26d 26e 2 6f . . . . ^

c d e f 27

Total support for section 509 ( a))1) test Enter line 24, column ( e) Add Amounts from column ( e) for lines Public support ( line 26c minus line 26d total) 18 22 82, 044 600

. . . . . . . . . . 19 26b

. . . . . . . . . . . .

444
, 82, 644 199, 800 70. 74%

. . . . . . . . . . . . . . . . . . . . . . .

Public support percentage (line 26e ( numerator ) divided by line 26c ( denominator ))

Organizations described on line 12 : a For amounts included in lines 15, 16, and 17 that were received from a "disqualified person," prepare a list for your records to show the name of, and total amounts received in each year from, each 'disqualified person ' Do not file this list with your return . Enter the sum of such amounts for each year (2003) b (2002) (2001) (2000)

For any amount included in line 17 that was received from each person (other than 'disqualified persons"), prepare a list for your records to show the name of and amount received for each year, that was more than the larger of (1) the amount on line 25 for the year or (2) $5,000 (Include in the list organizations described in lines 5 through 11, as well as individuals ) Do not file this list with your return . After computing the difference between the amount received and the larger amount described in (1) or (2). enter the sum of these differences (the excess amounts) for each year (2003) (2002) (2001) 16 21 and line 27b total . . . . . . .. . .. . . .. . . . . . . . . . . . . ^ . . . . . . . . . . . . . . . . . . . . ^ ^ 27c 27d 27e

(2000)

c d e If g h 28

Add Amounts from column (e) for lines 17 Add Line 27a total . .

15 20

Public support (line 27c total minus line 27d total)

. . . . . . . . . ^ 27f

Total support for section 509(a)(2) test Enter amount from tine 23, column (e)

Public support percentage ( line 27e ( numerator ) divided by line 27f ( denominator )) . . . . . . . . . . . . ^ Investment income percentage (line 18 , column ( e) (numerator) divided by line 27f ( denominator )) . ^

27g 27h

% %

Unusual Grants: For an organization described In line 10, 11, or 12 that received any unusual grants during 2000 through 2003, prepare a list for your records to show, for each year, the name of the contributor, the date and amount of the grant, and a brief description of the nature of the grant Do not file this list with your return . Do not include these grants in line 15
EEA Sehedtlu A (Form 9r O Or 990 - 14 2004