Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
Town of Kingstree Development Corporatio
EIN 35-2607890 • 501(c)3 • Kingstree, SC
Profile
General purpose of the corporation shall be to assist in the development, conversavtion, and redvelopment of neighborhoods and commerical districts located in kingstree, south carolina.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.55x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
49th percentile
Faster asset growth than 49% of similar nonprofits.
Revenue Growth
67th percentile
Faster revenue growth than 67% of similar nonprofits.
Balance Sheet
Assets
Down$61,484
Down $1,445 (-2.3%) from 2024
Liabilities
Down$34,098
Down $3,698 (-9.8%) from 2024
Net Assets
Up$27,386
Up $2,253 (+9.0%) from 2024
Revenue
Up$16,500
Up $2,025 (+14%) from 2024
Expenses
Down$14,247
Down $2,947 (-17%) from 2024
Net Income
Up$2,253
Up $4,972 (+183%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $61,484
- Liabilities
- $34,098
- Net assets
- $27,386
- Revenue
- $16,500
- Expenses
- $14,247
- Net income
- $2,253
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2024 to Jun 30, 2025
- Signed
- Oct 14, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $16,500
Mission and Program Overview
Mission
General purpose of the corporation shall be to assist in the development, conversavtion, and redvelopment of neighborhoods and commerical districts located in kingstree, south carolina.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| GENERAL PURPOSE OF THE CORPORATION SHALL BE TO ASSIST IN THE DEVELOPMENT, CONVERSAVTION, AND REDVELOPMENT OF NEIGHBORHOODS AND COMMERICAL DISTRICTS LOCATED IN KINGSTREE, SOUTH CAROLINA. | $0 | $14,412 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| STAN WILLIAMSON | Chairman | - | $0 | - | - |
| REV WILBUR FULTON | Member | - | $0 | - | - |
| KATHRYN GRAHAM | Member | - | $0 | - | - |
| ROBERT MIMS | Member | - | $0 | - | - |
| PAMELA DAVIS | Member | - | $0 | - | - |
| KIPPTON COKER | Executive Director | - | $0 | - | - |
| MERIANNE COWLEY | Treasurer | - | $0 | - | - |
| ERICA GOODWIN | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Town of Kingstree Development Corporatio
- EIN
- 35-2607890
- Phone
- 8778295500
- Address
- 401 N LONGSTREET ST, KINGSTREE, SC 29556
Signing Officer
- Name
- Merianne Cowley
- Title
- Treasurer
- Phone
- 8778295500
- Signed
- 2025-10-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Samantha Salisbury
- Address
- 1606 SCARLET OAKS COURT, MONCKS CORNER, SC 29461
- Preparer
- Samantha Salisbury
- Phone
- 8438604126
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 1,460.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: contract services. Amount: 3,656. Description: miscellaneous. Amount: 4,196. Description: interest. Amount: 1,602. Description: repairs and maintenance. Amount: 3,333. Total to form 990-ez, line 16: 12,787.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 700.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: deposits. Beg. Of year amount: 1,275. End of year amount: 1,275. Description: notes payable. Beg. Of year amount: 31,521. End of year amount: 24,323. Description: due to town of kingstree. Beg. Of year amount: 5,000. End of year amount: 8,500.”
Raw XML Appendix155 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | TOWN OF KINGSTREE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8778295500 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 401 N LONGSTREET ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | KINGSTREE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29556 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 7167 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6482 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 2253 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 62929 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 61484 |
| IRS990EZ/GrossReceiptsAmt | 0 | 16500 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 55762 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 54302 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 25133 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 27386 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 25133 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 27386 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1460 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | STAN WILLIAMSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | REV WILBUR FULTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KATHRYN GRAHAM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ROBERT MIMS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | PAMELA DAVIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | KIPPTON COKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | MERIANNE COWLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | ERICA GOODWIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | EXECUTIVE DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 700 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 12787 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | GENERAL PURPOSE OF THE CORPORATION SHALL BE TO ASSIST IN THE DEVELOPMENT, CONVERSAVTION, AND REDVELOPMENT OF NEIGHBORHOODS AND COMMERICAL DISTRICTS LOCATED IN KINGSTREE, SOUTH CAROLINA. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 16500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | GENERAL PURPOSE OF THE CORPORATION SHALL BE TO ASSIST IN THE DEVELOPMENT, CONVERSAVTION, AND REDVELOPMENT OF NEIGHBORHOODS AND COMMERICAL DISTRICTS LOCATED IN KINGSTREE, SOUTH CAROLINA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 14412 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | SC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 37796 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 34098 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 14247 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 14412 |
| IRS990EZ/TotalRevenueAmt | 0 | 16500 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.KINGSTREE.ORG |
| IRS990ScheduleA/GovernmentalUnitInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION. AMOUNT: 1,460. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: CONTRACT SERVICES. AMOUNT: 3,656. DESCRIPTION: MISCELLANEOUS. AMOUNT: 4,196. DESCRIPTION: INTEREST. AMOUNT: 1,602. DESCRIPTION: REPAIRS AND MAINTENANCE. AMOUNT: 3,333. TOTAL TO FORM 990-EZ, LINE 16: 12,787. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 700. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: DEPOSITS. BEG. OF YEAR AMOUNT: 1,275. END OF YEAR AMOUNT: 1,275. DESCRIPTION: NOTES PAYABLE. BEG. OF YEAR AMOUNT: 31,521. END OF YEAR AMOUNT: 24,323. DESCRIPTION: DUE TO TOWN OF KINGSTREE. BEG. OF YEAR AMOUNT: 5,000. END OF YEAR AMOUNT: 8,500. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MERIANNE COWLEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8778295500 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TOWN OF KINGSTREE DEVELOPMENT CORPORATIO |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TOWN |
| ReturnHeader/Filer/EIN | 0 | 352607890 |
| ReturnHeader/Filer/PhoneNum | 0 | 8778295500 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 401 N LONGSTREET ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | KINGSTREE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 29556 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SAMANTHA SALISBURY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1606 SCARLET OAKS COURT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MONCKS CORNER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 29461 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8438604126 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SAMANTHA SALISBURY |
| ReturnHeader/ReturnTs | 0 | 2025-10-14T13:39:06-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-06-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
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