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FREQUENTLY ASKED QUESTIONS

Following are answers to some frequently asked questions regarding becoming an investor in the Lake Norman Regional Economic Development Corporation. If you have other questions not covered in this information, please call or e-mail us; we will respond to your question right away.

Frequently Asked Questions.

Q. How much is the investment?

A. That depends on what amount fits comfortably into your budget. The Lake Norman Region Economic Development Corporation offers five levels of participation:

  Chairman’s Club   $15,000 or more
  Platinum    $10,000
  Gold    $7,500
  Silver    $5,000
  Bronze    $2,500

Q. How is my investment used?

A. The money you invest is used directly in marketing the Lake Norman region. The LNREDC markets the region by attending trade shows and conferences focused on target market industries and by working directly with companies considering locating in the Charlotte region. We work closely with the Charlotte Chamber of Commerce’s economic development division and the Charlotte Regional Partnership as well as the NC Department of Commerce.

Q. When is my investment due?

A. That’s up to you. You simply designate what month you wish to make your contribution and we will send you a reminder during the preceding month.

Q. Is my investment tax deductible?

A. Yes. The Lake Norman Regional Economic Development Corp. is a 501(c)3 organization under the IRS code. All private contributions are tax deductible.

A. The LNREDC holds investors meetings twice a year to keep investors informed about the organization. We also publish a quarterly newsletter to keep investors up to date on the activities and announcements of the EDC. Investors at the Chairman’s Club level are eligible to hold a seat on the EDC board of directors. In addition, we have committees that meet periodically throughout the year.

Q. How can I become an investor?

A. Simply contact us by phone (704)992-2300 or by email, or download our Pledge Form and mail to the address indicated along with your check.

704.992.2300
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Ryan McDaniels, CEcD, Executive Director
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