Civic Intelligence

Economic Development Partnership

990 • Fiscal year 2018 • EIN 57-0787606

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 02, 2019

Organization ProfileWWW.EDPSC.ORG

View Organization Page

PO Box 1708Aiken, SC 29802

(803) 641-3300

Siviq Scores

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

Liabilities / Assets

69th percentile

0.37x

Higher debt load relative to assets than 69% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

1.60x

Higher debt load relative to revenue than 95% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Net Margin

20th percentile

-3.6%

Higher net margin than 20% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

37th percentile

-0.7%

Faster asset growth than 37% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-11%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$9,853,722

Down $68,111 (-0.7%) from 2017

Net Assets

Down

$6,179,730

Down $82,964 (-1.3%) from 2017

Liabilities

Up

$3,673,992

Up $14,853 (+0.4%) from 2017

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin20th percentile

Revenue

Down

$2,293,132

Down $282,745 (-11%) from 2017

Expenses

Up

$2,376,096

Up $322,067 (+16%) from 2017

Net Income

Down

-$82,964

Down $604,812 (-116%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$10M$5.0M$0Assets 2011: $3,218,799Liabilities 2011: $48,662Net Assets 2011: $3,170,1372011Assets 2012: $3,757,930Liabilities 2012: $66,936Net Assets 2012: $3,690,9942012Assets 2013: $4,510,130Liabilities 2013: $115,271Net Assets 2013: $4,394,8592013Assets 2014: $5,277,053Liabilities 2014: $122,653Net Assets 2014: $5,154,4002014Assets 2015: $9,467,051Liabilities 2015: $4,042,079Net Assets 2015: $5,424,9722015Assets 2016: $9,843,804Liabilities 2016: $4,102,958Net Assets 2016: $5,740,8462016Assets 2017: $9,921,833Liabilities 2017: $3,659,139Net Assets 2017: $6,262,6942017Assets 2018: $9,853,722Liabilities 2018: $3,673,992Net Assets 2018: $6,179,7302018Assets 2019: $9,321,972Liabilities 2019: $2,920,773Net Assets 2019: $6,401,1992019Assets 2020: $9,501,816Liabilities 2020: $2,636,140Net Assets 2020: $6,865,6762020Assets 2021: $5,344,631Liabilities 2021: $114,162Net Assets 2021: $5,230,4692021Assets 2022: $6,749,200Liabilities 2022: $101,375Net Assets 2022: $6,647,8252022Assets 2023: $8,860,760Liabilities 2023: $118,081Net Assets 2023: $8,742,6792023Assets 2024: $9,526,213Liabilities 2024: $118,081Net Assets 2024: $9,408,1322024

Highlighted filing

2018

Assets$9,853,722
Liabilities$3,673,992
Net Assets$6,179,730
Open 2018 Filing

Operations Trend

Revenue Growth10th percentile

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $2,637,371Expenses 2011: $1,829,037Net Income 2011: $808,3342011Expenses 2012: $1,431,0772012Expenses 2013: $4,438,8342013Revenue 2014: $2,836,644Expenses 2014: $2,077,149Net Income 2014: $759,4952014Revenue 2015: $2,149,116Expenses 2015: $1,878,544Net Income 2015: $270,5722015Revenue 2016: $2,106,573Expenses 2016: $1,886,902Net Income 2016: $219,6712016Revenue 2017: $2,575,877Expenses 2017: $2,054,029Net Income 2017: $521,8482017Revenue 2018: $2,293,132Expenses 2018: $2,376,096Net Income 2018: -$82,9642018Revenue 2019: $2,432,576Expenses 2019: $1,821,107Net Income 2019: $611,4692019Revenue 2020: $2,594,492Expenses 2020: $2,020,015Net Income 2020: $574,4772020Revenue 2021: $2,441,747Expenses 2021: $4,679,575Net Income 2021: -$2,237,8282021Revenue 2022: $4,891,813Expenses 2022: $3,474,457Net Income 2022: $1,417,3562022Revenue 2023: $3,403,695Expenses 2023: $2,316,341Net Income 2023: $1,087,3542023Revenue 2024: $4,910,162Expenses 2024: $4,244,709Net Income 2024: $665,4532024

Highlighted filing

2018

Revenue$2,293,132
Expenses$2,376,096
Net Income-$82,964
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 2, 2019
Return Version
2017v2.3
Gross Receipts
$2,293,132
Mission and Program Overview

Mission

The Economic Development Partnership of Aiken, Edgefield, and Saluda Counties, Inc., d/b/a The Economic Development Partnership (EDP), is a tax-exempt 501(c)(6) organization promoting economic development in the South Carolina counties of Aiken, Edgefield, and Saluda. The Partnership was formed and began operations in 1984.

To promote economic development in aiken and edgefield counties in south carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$6,262,694$6,179,730▼ $82,964
Savings and Temporary Cash Investments$3,953,161$3,898,157▼ $55,004
Land, Buildings, and Equipment, Net$3,698,101$3,687,671▼ $10,430
Cash and Non-Interest-Bearing Accounts$947,881$838,866▼ $109,015
Accounts Receivable$272,690$304,470▲ $31,780
Prepaid Expenses and Deferred Charges-$74,558-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$9,921,833$9,853,722▼ $68,111
Other Assets Total$1,050,000$1,050,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,321,350$3,321,350→ $0
Deferred Revenue$272,690$273,865▲ $1,175
Accounts Payable and Accrued Expenses$51,533$65,211▲ $13,678
Other Liabilities$13,566$13,566→ $0
Total Liabilities$3,659,139$3,673,992▲ $14,853
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,262,694$6,179,730▼ $82,964
Total Liabilities and Net Assets / Fund Balance$9,921,833$9,853,722▼ $68,111

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$159,651$159,651
Equipment$18,363$67,504$85,867
Leasehold Improvements$19,308$25,818$45,126
Buildings$3,290,000--
Land$360,000--
Other Assets Org$1,050,000--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr Willson M WilliamsfootnotePresident & CEOFT$143,345$34,309$177,654

Board Members and Trustees

NameTitle
Mr Gary StooksburryChairman of the Board
Mr E Leland ReynoldsVice Chairman - Aiken
Mr Richard M PendarvisVice Chairman - Edgefield
Mr Alex MerriweatherBoard Member
Mr Ben HarrisonBoard Member
Mr Billy Hholley JrBoard Member
Mr Brett BrannonBoard Member
Mr Clayton QuattlebaumBoard Member
Mr Eric ThompsonBoard Member
Mr Greg RybergBoard Member
Mr John TroutmanBoard Member
Mr Rex NordeenBoard Member
Mr Scott TindalBoard Member
Mr Stuart MacveanBoard Member
Mr Tillman SaulsBoard Member
Mr Vance ReynoldsBoard Member
Mr William Mcghee JrBoard Member
Mrs Mary DerrickBoard Member
Mrscott SingerBoard Member
Dr Robert E AlexanderSecretary
Mr Ernest DuncanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,246,763
Program Service Revenue
$35,589
Investment Income
$10,780
Other Revenue
$0
Change in Net Assets
$-82,964

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,293,132
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$7,500
Total Revenue per Audited Statements
$2,300,632
Total Revenue per Form 990
$2,293,132
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,050,413
Salaries, Compensation, and Employee Benefits$325,683
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$806,300--$806,300
Current Officers, Directors, Trustees, and Key Employees$149,172$7,851-$157,023
Other Salaries and Wages$118,795$6,252-$125,047
Interest$66,427--$66,427
Other Employee Benefits$24,765$1,303-$26,068
Office Expenses$17,870$941-$18,811
Payroll Taxes$16,668$877-$17,545
Conferences and Meetings$14,731$775-$15,506
Insurance$14,117$744-$14,861
Fees for Services Accounting$13,870$730-$14,600
Advertising$12,491$657-$13,148
Travel$10,826$570-$11,396
Depreciation Depletion$10,430--$10,430
Occupancy$855$45-$900
Total Functional Expenses$2,355,351$20,745$0$2,376,096

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,383,596
Expenses per Audited Statements$2,376,096
Total Expenses per Form 990$2,376,096
Expenses Not Reported on Form 990$7,500
Expenses Not Reported on Financial Statements$0
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mr Scott TindalBoard of DirectorAT JUNE 30, 2018, THE ORGANIZATION HAD APPROXIMATELY $1,382,768 ON DEPOSIT WITH A BANK ON WHICH THE ORGANIZATION'S BOARD MEMBER IS AN EMPLOYEE.No$1,382,768
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Local Council$13,566
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 family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization reports decisions made by authorized committees to the full board at the next available board meeting. Decisions made by authorized committees are documented in the board minutes. At this time the organization does not believe it is beneficial to maintain separate documentation of the authorized committee meetings.”

Form 990, Part VI, Section B, Line 11B

“The president/ceo reviews the 990 and it is made available to members of the board after the return is filed.”

Form 990, Part VI, Section B, Line 12C

“Frequent verbal discussions with the chairman of the board pertaining to areas of possible conflict.”

Form 990, Part VI, Section B, Line 15

“The process for determining compensation of the organization's executive director is as follows: the chairman of the board makes a recommendation to the board of directors. The board of directors gives final approval. The executive director is not at this meeting or in the discussions.”

Form 990, Part VI, Section C, Line 18

“SAME AS ABOVE”

Form 990, Part VI, Section C, Line 19

“The organization provides its governing documents, conflict of interest policy, financial statements, and forms 990 and 1023 for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Economic Development Partnership
EIN
57-0787606
Phone
8036413300
Address
PO BOX 1708, AIKEN, SC 29802

Signing Officer

Name
Willson M Williams
Title
President & CEO
Phone
8036413300
Signed
2019-02-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Willson M Williams
Formed
1984
Legal Domicile
Sc
Voting Board Members
22
Independent Board Members
21
Employees
5
Volunteers
0

Preparer

Firm
Cherry Bekaert Llp
Address
5350 WOODSIDE EXECUTIVE CT, AIKEN, SC 29803
Preparer
Cindy Meares
Phone
8036482692
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

“The president/ceo reviews the form 990 as it is received from the organization's public accounting firm. The organization has not changed either its oversight process or selection process during the year.”

Financial Statement Notes

PART X, LINE 2:

“The entity's financial statements have been prepared in accordance with the accounting principles generally accepted in the united states of america as prescribed by the governmental accounting standards board (gasb). Fin 48 does not apply.”

Raw XML AppendixShowing 400 of 574 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt051533
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt065211
IRS990/AccountsReceivableGrp/BOYAmt0272690
IRS990/AccountsReceivableGrp/EOYAmt0304470
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE ECONOMIC DEVELOPMENT IN AIKEN AND EDGEFIELD COUNTIES IN SOUTH CAROLINA.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0657
IRS990/AdvertisingGrp/ProgramServicesAmt012491
IRS990/AdvertisingGrp/TotalAmt013148
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THERESA C DAUGHERTY
IRS990/BooksInCareOfDetail/PhoneNum08036413296
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0471 UNIVERSITY PARKWAY SUITE 111
IRS990/BooksInCareOfDetail/USAddress/CityNm0AIKEN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029801
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0947881
IRS990/CashNonInterestBearingGrp/EOYAmt0838866
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt07851
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0149172
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0157023
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0775
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt014731
IRS990/ConferencesMeetingsGrp/TotalAmt015506
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02246763
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010780
IRS990/CYOtherExpensesAmt02050413
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt035589
IRS990/CYRevenuesLessExpensesAmt0-82964
IRS990/CYSalariesCompEmpBnftPaidAmt0325683
IRS990/CYTotalExpensesAmt02376096
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02293132
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0272690
IRS990/DeferredRevenueGrp/EOYAmt0273865
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt010430
IRS990/DepreciationDepletionGrp/TotalAmt010430
IRS990/Desc0THE SAVANNAH RIVER SITE (SRS) REDEVELOPMENT AUTHORITY (SRSRA) IS RESPONSIBLE FOR SUPPORTING ECONOMIC DEVELOPMENT IN THE COUNTIES SURROUNDING SRS AND THE ECONOMIC DEVELOPMENT PARTNERSHIP IS DESIGNATED AS THE ORGANIZATION WHICH CARRIES OUT SRSRA PROGRAMS IN AIKEN, EDGEFIELD AND SALUDA COUNTIES, AND THUS RECEIVES FUNDING FROM SRSRA. WHILE NOT RESTRICTED TO TECHNOLOGY BASED PROGRAMS, MUCH OF THE PARTNERSHIP'S WORK IS INVOLVED IN BRINGING NEW TECHNOLOGY FROM THE SAVANNAH RIVER NATIONAL LABORATORY TO THE PRIVATE SECTOR AND CREATING A FOUNDATION FOR JOBS OF THE FUTURE.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt0879378
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0730
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt013870
IRS990/FeesForServicesAccountingGrp/TotalAmt014600
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt170.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt180.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt190.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt200.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2160.00
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/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2134309
IRS990/Form990PartVIISectionAGrp/PersonNm0MR GARY STOOKSBURRY
IRS990/Form990PartVIISectionAGrp/PersonNm1MR RICHARD M PENDARVIS
IRS990/Form990PartVIISectionAGrp/PersonNm2MR E LELAND REYNOLDS
IRS990/Form990PartVIISectionAGrp/PersonNm3MR ERNEST DUNCAN
IRS990/Form990PartVIISectionAGrp/PersonNm4DR ROBERT E ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm5MR BRETT BRANNON
IRS990/Form990PartVIISectionAGrp/PersonNm6MRS MARY DERRICK
IRS990/Form990PartVIISectionAGrp/PersonNm7MR BEN HARRISON
IRS990/Form990PartVIISectionAGrp/PersonNm8MR BILLY HHOLLEY JR
IRS990/Form990PartVIISectionAGrp/PersonNm9MR STUART MACVEAN
IRS990/Form990PartVIISectionAGrp/PersonNm10MR WILLIAM MCGHEE JR
IRS990/Form990PartVIISectionAGrp/PersonNm11MR ALEX MERRIWEATHER
IRS990/Form990PartVIISectionAGrp/PersonNm12MR REX NORDEEN
IRS990/Form990PartVIISectionAGrp/PersonNm13MR CLAYTON QUATTLEBAUM
IRS990/Form990PartVIISectionAGrp/PersonNm14MR VANCE REYNOLDS
IRS990/Form990PartVIISectionAGrp/PersonNm15MR GREG RYBERG
IRS990/Form990PartVIISectionAGrp/PersonNm16MR TILLMAN SAULS
IRS990/Form990PartVIISectionAGrp/PersonNm17MRSCOTT SINGER
IRS990/Form990PartVIISectionAGrp/PersonNm18MR ERIC THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm19MR SCOTT TINDAL
IRS990/Form990PartVIISectionAGrp/PersonNm20MR JOHN TROUTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm21MR WILLSON M WILLIAMSFOOTNOTE
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/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21143345
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN - EDGEFIELD
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRMAN - AIKEN
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GovernmentGrantsAmt02237943
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02293132
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0744
IRS990/InsuranceGrp/ProgramServicesAmt014117
IRS990/InsuranceGrp/TotalAmt014861
IRS990/InterestGrp/ProgramServicesAmt066427
IRS990/InterestGrp/TotalAmt066427
IRS990/InvestmentIncomeGrp/ExclusionAmt010780
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010780
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0252973
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03698101
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03687671
IRS990/LandBldgEquipCostOrOtherBssAmt03940644
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt08820
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ECONOMIC DEVELOPMENT PARTNERSHIP OF AIKEN, EDGEFIELD, AND SALUDA COUNTIES, INC., D/B/A THE ECONOMIC DEVELOPMENT PARTNERSHIP (EDP), IS A TAX-EXEMPT 501(C)(6) ORGANIZATION PROMOTING ECONOMIC DEVELOPMENT IN THE SOUTH CAROLINA COUNTIES OF AIKEN, EDGEFIELD, AND SALUDA. THE PARTNERSHIP WAS FORMED AND BEGAN OPERATIONS IN 1984.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03321350
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03321350
IRS990/NetAssetsOrFundBalancesBOYAmt06262694
IRS990/NetAssetsOrFundBalancesEOYAmt06179730
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt045
IRS990/OccupancyGrp/ProgramServicesAmt0855
IRS990/OccupancyGrp/TotalAmt0900
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0941
IRS990/OfficeExpensesGrp/ProgramServicesAmt017870
IRS990/OfficeExpensesGrp/TotalAmt018811
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01050000
IRS990/OtherAssetsTotalGrp/EOYAmt01050000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01303
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt024765
IRS990/OtherEmployeeBenefitsGrp/TotalAmt026068
IRS990/OtherExpensesGrp/Desc0APPLIED RESEARCH CENT -
IRS990/OtherExpensesGrp/Desc1PROSPECT DEVELOPMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt01078034
IRS990/OtherExpensesGrp/ProgramServicesAmt1806300
IRS990/OtherExpensesGrp/TotalAmt01078034
IRS990/OtherExpensesGrp/TotalAmt1806300
IRS990/OtherLiabilitiesGrp/BOYAmt013566
IRS990/OtherLiabilitiesGrp/EOYAmt013566
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06252
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0118795
IRS990/OtherSalariesAndWagesGrp/TotalAmt0125047
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0877
IRS990/PayrollTaxesGrp/ProgramServicesAmt016668
IRS990/PayrollTaxesGrp/TotalAmt017545
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt074558
IRS990/PrincipalOfficerNm0WILLSON M WILLIAMS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0PROJECT RELATED REVENU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035589
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035589
IRS990/ProgSrvcAccomActy2Grp/Desc0ALLIANCE - EACH YEAR, THE STATE OF SOUTH CAROLINA DEPARTMENT OF COMMERCE NOTIFIES EDP (AND OTHER REGIONAL DEVELOPMENT ORGANIZATIONS) OF AMOUNTS AVAILABLE TO THEM. IN ORDER TO RECEIVE THE FULL AMOUNT AVAILABLE, EDP MUST MATCH THE AMOUNT IN PRIVATE CONTRIBUTIONS. THE FUNDS RECEIVED FROM THE STATE DO NOT HAVE SPECIFIC RESTRICTIONS; THEY JUST HAVE TO BE RELATED TO ECONOMIC DEVELOPMENT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01000779
IRS990/ProgSrvcAccomActy3Grp/Desc0ENCOURAGEMENT OF THE ECONOMIC DEVELOPMENT OF AIKEN, EDGEFIELD, AND SALUDA COUNTIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0475194
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt035589
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02566030
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07737
IRS990/PYOtherExpensesAmt01764023
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02110
IRS990/PYRevenuesLessExpensesAmt0521848
IRS990/PYSalariesCompEmpBnftPaidAmt0290006
IRS990/PYTotalExpensesAmt02054029
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02575877
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-82964
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06262694
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06179730
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03953161
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03898157
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03290000
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03290000
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt07500
IRS990ScheduleD/DonatedServicesUseFcltsAmt07500
IRS990ScheduleD/EquipmentGrp/BookValueAmt018363
IRS990ScheduleD/EquipmentGrp/DepreciationAmt067504
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt085867
IRS990ScheduleD/ExpensesNotReportedAmt07500
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02376096
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0360000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0360000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt019308
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt025818
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt045126
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01050000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM COMPONENT UNIT - ARC
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0159651
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0159651
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013566
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO LOCAL COUNCIL
IRS990ScheduleD/RevenueNotReportedAmt07500
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02293132
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENTITY'S FINANCIAL STATEMENTS HAVE BEEN PREPARED IN ACCORDANCE WITH THE ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA AS PRESCRIBED BY THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB). FIN 48 DOES NOT APPLY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03687671
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01050000
IRS990ScheduleD/TotalExpensesPerForm990Amt02376096
IRS990ScheduleD/TotalLiabilityAmt013566

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,853,722
Liabilities
$3,673,992
Net assets
$6,179,730
Revenue
$2,293,132
Expenses
$2,376,096
Net income
-$82,964
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.53$0.12$9.41$4.91$4.24$0.67
2023Detailed filing. Detailed filing data is available for this year.$8.86$0.12$8.74$3.40$2.32$1.09
2022Detailed filing. Detailed filing data is available for this year.$6.75$0.10$6.65$4.89$3.47$1.42
2021Detailed filing. Detailed filing data is available for this year.$5.34$0.11$5.23$2.44$4.68$2.24
2020Detailed filing. Detailed filing data is available for this year.$9.50$2.64$6.87$2.59$2.02$0.57
2019Detailed filing. Detailed filing data is available for this year.$9.32$2.92$6.40$2.43$1.82$0.61
2018Detailed filing. Detailed filing data is available for this year.$9.85$3.67$6.18$2.29$2.38$0.08
2017Detailed filing. Detailed filing data is available for this year.$9.92$3.66$6.26$2.58$2.05$0.52
2016Detailed filing. Detailed filing data is available for this year.$9.84$4.10$5.74$2.11$1.89$0.22
2015Detailed filing. Detailed filing data is available for this year.$9.47$4.04$5.42$2.15$1.88$0.27
2014Detailed filing. Detailed filing data is available for this year.$5.28$0.12$5.15$2.84$2.08$0.76
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.51$0.12$4.39$4.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$0.07$3.69$1.43
2011Summary only. Only limited summary data is available for this year.$3.22$0.05$3.17$2.64$1.83$0.81