Civic Intelligence

Catawba Regional Development Corporation

990 • Fiscal year 2020 • EIN 57-0738824

Jul 01, 2019 to Jun 30, 2020 • Filed on May 16, 2021

Organization ProfileWWW.CATAWBACOG.ORG
PO Box 450Rock Hill, SC 29731

(803) 327-9041

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.27x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

7.04x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

5th percentile

-73%

Higher net margin than 5% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

81st percentile

$137,564

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 98.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

1st percentile

-73%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-89%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$3,633,094

Down $9,743,683 (-73%) from 2019

Net Assets

Down

$2,651,765

Down $102,319 (-3.7%) from 2019

Liabilities

Down

$981,329

Down $9,641,364 (-91%) from 2019

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin5th percentile

Revenue

Down

$139,473

Down $1,078,169 (-89%) from 2019

Expenses

Up

$241,792

Up $31,743 (+15%) from 2019

Net Income

Down

-$102,319

Down $1,109,912 (-110%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $16,835,848Liabilities 2011: $15,912,268Net Assets 2011: $923,5802011Assets 2012: $16,152,192Liabilities 2012: $15,187,889Net Assets 2012: $964,3032012Assets 2013: $15,807,863Liabilities 2013: $14,707,741Net Assets 2013: $1,100,1222013Assets 2014: $16,713,834Liabilities 2014: $15,557,795Net Assets 2014: $1,156,0392014Assets 2015: $15,975,624Liabilities 2015: $14,825,278Net Assets 2015: $1,150,3462015Assets 2016: $14,952,037Liabilities 2016: $13,671,015Net Assets 2016: $1,281,0222016Assets 2017: $15,129,006Liabilities 2017: $13,378,625Net Assets 2017: $1,750,3812017Assets 2018: $14,971,704Liabilities 2018: $13,225,213Net Assets 2018: $1,746,4912018Assets 2019: $13,376,777Liabilities 2019: $10,622,693Net Assets 2019: $2,754,0842019Assets 2020: $3,633,094Liabilities 2020: $981,329Net Assets 2020: $2,651,7652020Assets 2021: $3,494,594Liabilities 2021: $801,482Net Assets 2021: $2,693,1122021Assets 2022: $3,854,658Liabilities 2022: $1,151,808Net Assets 2022: $2,702,8502022Assets 2023: $3,645,577Liabilities 2023: $920,449Net Assets 2023: $2,725,1282023Assets 2024: $3,846,675Liabilities 2024: $870,549Net Assets 2024: $2,976,1262024Assets 2025: $3,750,564Liabilities 2025: $706,045Net Assets 2025: $3,044,5192025

Highlighted filing

2020

Assets$3,633,094
Liabilities$981,329
Net Assets$2,651,765
Open 2020 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $160,818Expenses 2011: $128,588Net Income 2011: $32,2302011Revenue 2012: $186,085Expenses 2012: $145,362Net Income 2012: $40,7232012Revenue 2013: $178,211Expenses 2013: $205,095Net Income 2013: -$26,8842013Revenue 2014: $261,187Expenses 2014: $205,270Net Income 2014: $55,9172014Revenue 2015: $180,321Expenses 2015: $186,014Net Income 2015: -$5,6932015Revenue 2016: $423,256Expenses 2016: $292,580Net Income 2016: $130,6762016Revenue 2017: $1,946,580Expenses 2017: $1,477,221Net Income 2017: $469,3592017Revenue 2018: $2,041,064Expenses 2018: $2,044,954Net Income 2018: -$3,8902018Revenue 2019: $1,217,642Expenses 2019: $210,049Net Income 2019: $1,007,5932019Revenue 2020: $139,473Expenses 2020: $241,792Net Income 2020: -$102,3192020Revenue 2021: $562,348Expenses 2021: $521,001Net Income 2021: $41,3472021Revenue 2022: $471,946Expenses 2022: $462,208Net Income 2022: $9,7382022Revenue 2023: $350,245Expenses 2023: $327,967Net Income 2023: $22,2782023Revenue 2024: $471,031Expenses 2024: $220,033Net Income 2024: $250,9982024Revenue 2025: $327,548Expenses 2025: $259,155Net Income 2025: $68,3932025

Highlighted filing

2020

Revenue$139,473
Expenses$241,792
Net Income-$102,319
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 16, 2021
Return Version
2019v5.0
Gross Receipts
$139,473
Mission and Program Overview

Mission

To promote local economic development and support job creation within local communities by promoting capital aquisition through various federal loan programs and incentives to help local communities with housing and property development.

Economic development and job preservation using various federal and state loan programs for business startup, expansion and working capital. To assist local communities with housing and property development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,263,343$1,096,809▼ $166,534
Savings and Temporary Cash Investments$870,013$755,328▼ $114,685
Inventories for Sale or Use$706,100$694,100▼ $12,000
Other Notes and Loans Receivable, Net$9,768,866$551,719▼ $9,217,147
Land, Buildings, and Equipment, Net$535,868$515,365▼ $20,503
Prepaid Expenses and Deferred Charges$13,867$16,854▲ $2,987
Accounts Receivable$26,761$2,919▼ $23,842
Total Assets$13,376,777$3,633,094▼ $9,743,683
Other Assets Total$191,959--
Liabilities
Tax Exempt Bond Liabilities$9,434,366--
Mortgage Notes Payable Secured by Investment Property$945,160$833,523▼ $111,637
Other Liabilities$133,474$131,586▼ $1,888
Deferred Revenue$6,800$11,800▲ $5,000
Accounts Payable and Accrued Expenses$102,893$4,420▼ $98,473
Total Liabilities$10,622,693$981,329▼ $9,641,364
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,062,885$1,576,520▲ $513,635
Net Assets With Donor Restrictions$1,691,199$1,075,245▼ $615,954
Total Net Assets Fund Balance$2,754,084$2,651,765▼ $102,319
Total Liabilities and Net Assets / Fund Balance$13,376,777$3,633,094▼ $9,743,683

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$461,945$603,831$1,065,776
Land$42,500-$42,500
Leasehold Improvements$10,920$7,281$18,201
Other Land Buildings-$6,725$6,725
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeOtherTotal
Jrandall ImlerSecretary/trPT$137,564$137,564

Board Members and Trustees

NameTitle
Dwight V NeesePresident
Grier SandiferBoard Member
Jim JohnsonBoard Member
Kathy MooreBoard Member
Kelley MorabitoBoard Member
Kevin BlackwoodBoard Member
M Brown FantBoard Member
Russell F PatrickBoard Member
Steve SherrillBoard Member
Todd LumpkinBoard Member
Tony E PopeBoard Member
James a BennettVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$66,359
Investment Income
$55,328
Other Revenue
$17,786
Change in Net Assets
$-102,319

Audited Revenue Reconciliation

Revenue per Audited Statements
$139,473
Total Revenue per Audited Statements
$139,473
Total Revenue per Form 990
$139,473
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$124,136
Salaries, Compensation, and Employee Benefits$117,656
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$117,656--$117,656
Fees for Services Legal$11,719--$11,719
Insurance$7,580--$7,580
Travel$3,945--$3,945
Other Expenses$1,958--$1,958
Office Expenses$817--$817
All Other Expenses$348--$348
Total Functional Expenses$241,792$0$0$241,792

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$241,792
Total Expenses per Audited Statements$241,792
Total Expenses per Form 990$241,792
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Catawba Regional CogShared Board MeThe Organization ConNo$120,928
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Maintenance$131,586
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The 990 is reviewed by the board's appointed representative. That review is then discussed at one of the board's regular meetings. The 990 is also available for review at any time by the board.”

Form 990, Page 6, Part VI, Line 12C

“Board members complete an updated conflict of interest statement annually”

Form 990, Page 6, Part VI, Line 19

“All documents are available upon request either verbal or written”

Filing and Contact Details

Filer

Filer Name
Catawba Regional Development
EIN
57-0738824
Phone
8033279041
Address
PO BOX 450, ROCK HILL, SC 29731

Signing Officer

Name
Jrandall Imler
Title
Secretary/treasurer
Phone
8033279041
Signed
2021-05-16

Organization Details

Principal Officer
Jrandall Imler
Formed
1983
Legal Domicile
Sc
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
Mckinley Cooper & Co LLC
Address
777 LOWNDES HILL RD BLDG 3 STE 225, GREENVILLE, SC 29607-2131
Preparer
Marcy M Loucks
Phone
8642331800
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To promote local economic development and support job creation within local communities by promoting capital aquisition through various federal loan programs and incentives. To help local communities with housing and property development.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization recognizes the tax benefits from uncertain tax positions only if it is more-likely-than-not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The organization's income tax filings are subject to audit by various taxing authorities. Management believes the adoption of asc 740-10 resulted in no significant impact to the organization's financial statements.”

Raw XML AppendixShowing 400 of 449 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0102893
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04420
IRS990/AccountsReceivableGrp/BOYAmt026761
IRS990/AccountsReceivableGrp/EOYAmt02919
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ECONOMIC DEVELOPMENT AND JOB PRESERVATION USING VARIOUS FEDERAL AND STATE LOAN PROGRAMS FOR BUSINESS STARTUP, EXPANSION AND WORKING CAPITAL. TO ASSIST LOCAL COMMUNITIES WITH HOUSING AND PROPERTY DEVELOPMENT.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0348
IRS990/AllOtherExpensesGrp/TotalAmt0348
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0AMY CHITWOOD
IRS990/BooksInCareOfDetail/PhoneNum08033279041
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0215 HAMPTON ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROCK HILL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029730
IRS990/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01263343
IRS990/CashNonInterestBearingGrp/EOYAmt01096809
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt055328
IRS990/CYOtherExpensesAmt0124136
IRS990/CYOtherRevenueAmt017786
IRS990/CYProgramServiceRevenueAmt066359
IRS990/CYRevenuesLessExpensesAmt0-102319
IRS990/CYSalariesCompEmpBnftPaidAmt0117656
IRS990/CYTotalExpensesAmt0241792
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0139473
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt06800
IRS990/DeferredRevenueGrp/EOYAmt011800
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ALL PROGRAM EXPENSES ARE INCURRED TO PROVIDE LOANS AND ECONOMIC INCENTIVES TO BUSINESSES TO CREATE JOBS AND PROMOTE ECONOMIC GROWTH WITHIN THE COMMUNITY AND THE STATE OF SOUTH CAROLINA, INCLUDING HOUSING ASSISTANCE AND BLIGHT ELIMINATION
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01691199
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01075245
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0241792
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt011719
IRS990/FeesForServicesLegalGrp/TotalAmt011719
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt025.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0JRANDALL IMLER
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES A BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm2KEVIN BLACKWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm3M BROWN FANT
IRS990/Form990PartVIISectionAGrp/PersonNm4JIM JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm5TODD LUMPKIN
IRS990/Form990PartVIISectionAGrp/PersonNm6KATHY MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm7KELLEY MORABITO
IRS990/Form990PartVIISectionAGrp/PersonNm8DWIGHT V NEESE
IRS990/Form990PartVIISectionAGrp/PersonNm9RUSSELL F PATRICK
IRS990/Form990PartVIISectionAGrp/PersonNm10TONY E POPE
IRS990/Form990PartVIISectionAGrp/PersonNm11GRIER SANDIFER
IRS990/Form990PartVIISectionAGrp/PersonNm12STEVE SHERRILL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0137564
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0139473
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt07580
IRS990/InsuranceGrp/TotalAmt07580
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0706100
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0694100
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt055328
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt055328
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0617837
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0535868
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0515365
IRS990/LandBldgEquipCostOrOtherBssAmt01133202
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE LOCAL ECONOMIC DEVELOPMENT AND SUPPORT JOB CREATION WITHIN LOCAL COMMUNITIES BY PROMOTING CAPITAL AQUISITION THROUGH VARIOUS FEDERAL LOAN PROGRAMS AND INCENTIVES. TO HELP LOCAL COMMUNITIES WITH HOUSING AND PROPERTY DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0945160
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0833523
IRS990/NetAssetsOrFundBalancesBOYAmt02754084
IRS990/NetAssetsOrFundBalancesEOYAmt02651765
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01062885
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01576520
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt0817
IRS990/OfficeExpensesGrp/TotalAmt0817
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0191959
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE COSTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2SCALF GRANT MATCH
IRS990/OtherExpensesGrp/Desc3DUES
IRS990/OtherExpensesGrp/ProgramServicesAmt055440
IRS990/OtherExpensesGrp/ProgramServicesAmt134458
IRS990/OtherExpensesGrp/ProgramServicesAmt27871
IRS990/OtherExpensesGrp/ProgramServicesAmt31958
IRS990/OtherExpensesGrp/TotalAmt055440
IRS990/OtherExpensesGrp/TotalAmt134458
IRS990/OtherExpensesGrp/TotalAmt27871
IRS990/OtherExpensesGrp/TotalAmt31958
IRS990/OtherLiabilitiesGrp/BOYAmt0133474
IRS990/OtherLiabilitiesGrp/EOYAmt0131586
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1RECOUP ON BAD DEBT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt016486
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11300
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016486
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11300
IRS990/OtherRevenueTotalAmt017786
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0117656
IRS990/OtherSalariesAndWagesGrp/TotalAmt0117656
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt09768866
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0551719
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013867
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016854
IRS990/PrincipalOfficerNm0JRANDALL IMLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LOAN FEES
IRS990/ProgramServiceRevenueGrp/Desc1215 HAMPTON ST
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0-13759
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt080118
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt080118
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1-13759
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01084108
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt053034
IRS990/PYOtherExpensesAmt0100452
IRS990/PYOtherRevenueAmt028959
IRS990/PYProgramServiceRevenueAmt051541
IRS990/PYRevenuesLessExpensesAmt01007593
IRS990/PYSalariesCompEmpBnftPaidAmt0109597
IRS990/PYTotalExpensesAmt0210049
IRS990/PYTotalRevenueAmt01217642
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-102319
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt066359
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0870013
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0755328
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt036,613
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01084108
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01878629
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01811945
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0248698
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05023380
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0-13759
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0-17556
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt057562
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt023090
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt049337
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0153232
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0151090
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0104873
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0111545
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0138245
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0658985
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0-13759
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0-17556
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt057562
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt023090
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt049337
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt036613
IRS990ScheduleA/OtherIncome509Grp/TotalAmt036613
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98510
IRS990ScheduleA/PublicSupportPY509Pct00.97500
IRS990ScheduleA/PublicSupportTotal509Amt05682365
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0153232
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01235198
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01983502
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01923490
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0386943
IRS990ScheduleA/Total509Grp/TotalAmt05682365
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0139473
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01217642
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02041064
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01946580
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0423556
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05768315
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0461945
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0603831
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01065776
IRS990ScheduleD/ExpensesSubtotalAmt0241792
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt042500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt042500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010920
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt07281
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt018201
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06725
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06725
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0131586
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED MAINTENANCE
IRS990ScheduleD/RevenueSubtotalAmt0139473
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. MANAGEMENT BELIEVES THE ADOPTION OF ASC 740-10 RESULTED IN NO SIGNIFICANT IMPACT TO THE ORGANIZATION'S FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0515365
IRS990ScheduleD/TotalExpensesPerForm990Amt0241792
IRS990ScheduleD/TotalLiabilityAmt0131586
IRS990ScheduleD/TotalRevenuePerForm990Amt0139473
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0139473
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0241792
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CATAWBA REGIONAL COG
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SHARED BOARD ME
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0120928
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE ORGANIZATION CON
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: CATAWBA REGIONAL COG (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: SHARED BOARD MEMBERS (D) DESCRIPTION OF TRANSACTION: THE ORGANIZATION CONTRACTS WITH THE COUNCIL TO USE THE COUNCIL'S STAFF, SUPPLIES AND OFFICE FACILITIES FOR DAILY OPERATIONS.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROMOTE LOCAL ECONOMIC DEVELOPMENT AND SUPPORT JOB CREATION WITHIN LOCAL COMMUNITIES BY PROMOTING CAPITAL AQUISITION THROUGH VARIOUS FEDERAL LOAN PROGRAMS AND INCENTIVES. TO HELP LOCAL COMMUNITIES WITH HOUSING AND PROPERTY DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE BOARD'S APPOINTED REPRESENTATIVE. THAT REVIEW IS THEN DISCUSSED AT ONE OF THE BOARD'S REGULAR MEETINGS. THE 990 IS ALSO AVAILABLE FOR REVIEW AT ANY TIME BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS COMPLETE AN UPDATED CONFLICT OF INTEREST STATEMENT ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE UPON REQUEST EITHER VERBAL OR WRITTEN
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt09434366
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013376777
IRS990/TotalAssetsEOYAmt03633094
IRS990/TotalAssetsGrp/BOYAmt013376777
IRS990/TotalAssetsGrp/EOYAmt03633094
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0241792
IRS990/TotalFunctionalExpensesGrp/TotalAmt0241792
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010622693
IRS990/TotalLiabilitiesEOYAmt0981329
IRS990/TotalLiabilitiesGrp/BOYAmt010622693
IRS990/TotalLiabilitiesGrp/EOYAmt0981329
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02754084
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02651765
IRS990/TotalProgramServiceExpensesAmt0241792

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,633,094
Liabilities
$981,329
Net assets
$2,651,765
Revenue
$139,473
Expenses
$241,792
Net income
-$102,319
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.75$0.71$3.04$0.33$0.26$0.07
2024Detailed filing. Detailed filing data is available for this year.$3.85$0.87$2.98$0.47$0.22$0.25
2023Detailed filing. Detailed filing data is available for this year.$3.65$0.92$2.73$0.35$0.33$0.02
2022Detailed filing. Detailed filing data is available for this year.$3.85$1.15$2.70$0.47$0.46$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.49$0.80$2.69$0.56$0.52$0.04
2020Detailed filing. Detailed filing data is available for this year.$3.63$0.98$2.65$0.14$0.24$0.10
2019Detailed filing. Detailed filing data is available for this year.$13.4$10.6$2.75$1.22$0.21$1.01
2018Detailed filing. Detailed filing data is available for this year.$15.0$13.2$1.75$2.04$2.04$0.00
2017Detailed filing. Detailed filing data is available for this year.$15.1$13.4$1.75$1.95$1.48$0.47
2016Detailed filing. Detailed filing data is available for this year.$15.0$13.7$1.28$0.42$0.29$0.13
2015Detailed filing. Detailed filing data is available for this year.$16.0$14.8$1.15$0.18$0.19$0.01
2014Summary only. Only limited summary data is available for this year.$16.7$15.6$1.16$0.26$0.21$0.06
2013Summary only. Only limited summary data is available for this year.$15.8$14.7$1.10$0.18$0.21$0.03
2012Summary only. Only limited summary data is available for this year.$16.2$15.2$0.96$0.19$0.15$0.04
2011Summary only. Only limited summary data is available for this year.$16.8$15.9$0.92$0.16$0.13$0.03