Civic Intelligence

Economic Development Partnership

990 • Fiscal year 2019 • EIN 57-0787606

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 26, 2020

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

61st percentile

0.31x

Higher debt load relative to assets than 61% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

1.20x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Net Margin

89th percentile

25%

Higher net margin than 89% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

29th percentile

$187,825

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Asset Growth

13th percentile

-5.4%

Faster asset growth than 13% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

6.1%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$9,321,972

Down $531,750 (-5.4%) from 2018

Net Assets

Up

$6,401,199

Up $221,469 (+3.6%) from 2018

Liabilities

Down

$2,920,773

Down $753,219 (-21%) from 2018

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin89th percentile

Revenue

Up

$2,432,576

Up $139,444 (+6.1%) from 2018

Expenses

Down

$1,821,107

Down $554,989 (-23%) from 2018

Net Income

Up

$611,469

Up $694,433 (+837%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth13th 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

2019

Assets$9,321,972
Liabilities$2,920,773
Net Assets$6,401,199
Open 2019 Filing

Operations Trend

Revenue Growth63rd 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

2019

Revenue$2,432,576
Expenses$1,821,107
Net Income$611,469
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 26, 2020
Return Version
2018v3.2
Gross Receipts
$2,432,576
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$6,179,730$6,401,199▲ $221,469
Savings and Temporary Cash Investments$3,898,157$4,552,322▲ $654,165
Land, Buildings, and Equipment, Net$3,687,671$3,289,914▼ $397,757
Cash and Non-Interest-Bearing Accounts$838,866$416,620▼ $422,246
Prepaid Expenses and Deferred Charges$74,558--
Accounts Receivable$304,470$13,116▼ $291,354
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$9,853,722$9,321,972▼ $531,750
Other Assets Total$1,050,000$1,050,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,321,350$2,846,871▼ $474,479
Deferred Revenue$273,865--
Accounts Payable and Accrued Expenses$65,211$73,902▲ $8,691
Other Liabilities$13,566$0▼ $13,566
Total Liabilities$3,673,992$2,920,773▼ $753,219
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,179,730$6,401,199▲ $221,469
Total Liabilities and Net Assets / Fund Balance$9,853,722$9,321,972▼ $531,750

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$159,651$159,651
Equipment$15,121$72,026$87,147
Leasehold Improvements$14,793$30,333$45,126
Buildings$2,900,000--
Land$360,000--
Other Assets Org$1,050,000--
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr Willson M WilliamsfootnotePresident & CEOFT$146,124$41,701$187,825

Board Members and Trustees

NameTitle
Mr Gary StooksburryChairman of the Board
Mr E Leland ReynoldsVice Chairman - Aiken
Mr Richard M PendarvisVice Chairman - Edgefield
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 William Mcghee JrBoard Member
Mrs Mary DerrickBoard Member
Mrscott SingerBoard Member
Ms Sharon WallBoard Member
Dr Robert E AlexanderSecretary
Mr Ernest DuncanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,411,265
Program Service Revenue
$4,050
Investment Income
$17,261
Other Revenue
$0
All Other Contributions
$78,000
Change in Net Assets
$611,469

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,432,576
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$7,500
Total Revenue per Audited Statements
$2,440,076
Total Revenue per Form 990
$2,432,576
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,502,563
Salaries, Compensation, and Employee Benefits$318,544
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$551,208--$551,208
Current Officers, Directors, Trustees, and Key Employees$168,126$8,849-$176,975
Other Salaries and Wages$97,988$5,157-$103,145
Interest$66,427--$66,427
Office Expenses$20,386$1,073-$21,459
Payroll Taxes$16,671$877-$17,548
Fees for Services Accounting$14,678$772-$15,450
Pension Plan Contributions$14,664$772-$15,436
Insurance$14,640$771-$15,411
Conferences and Meetings$13,097$689-$13,786
Travel$10,988$578-$11,566
Advertising$10,112$532-$10,644
Depreciation Depletion$9,037--$9,037
Other Employee Benefits$5,168$272-$5,440
Occupancy$68$3-$71
Total Functional Expenses$1,800,762$20,345$0$1,821,107

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,828,607
Expenses per Audited Statements$1,821,107
Total Expenses per Form 990$1,821,107
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$956,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
2020-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Willson M Williams
Formed
1984
Legal Domicile
Sc
Voting Board Members
20
Independent Board Members
19
Employees
5
Volunteers
19

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.”

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IRS990/Form990PartVIISectionAGrp/PersonNm15MR ERIC THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm16MR SCOTT TINDAL
IRS990/Form990PartVIISectionAGrp/PersonNm17MR JOHN TROUTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm18MS SHARON WALL
IRS990/Form990PartVIISectionAGrp/PersonNm19MR WILLSON M WILLIAMSFOOTNOTE
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
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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
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
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/TitleTxt19PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt02326185
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02432576
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0771
IRS990/InsuranceGrp/ProgramServicesAmt014640
IRS990/InsuranceGrp/TotalAmt015411
IRS990/InterestGrp/ProgramServicesAmt066427
IRS990/InterestGrp/TotalAmt066427
IRS990/InvestmentIncomeGrp/ExclusionAmt017261
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt017261
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0262010
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03687671
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03289914
IRS990/LandBldgEquipCostOrOtherBssAmt03551924
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt07080
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/EOYAmt02846871
IRS990/NetAssetsOrFundBalancesBOYAmt06179730
IRS990/NetAssetsOrFundBalancesEOYAmt06401199
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-390000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03
IRS990/OccupancyGrp/ProgramServicesAmt068
IRS990/OccupancyGrp/TotalAmt071
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01073
IRS990/OfficeExpensesGrp/ProgramServicesAmt020386
IRS990/OfficeExpensesGrp/TotalAmt021459
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01050000
IRS990/OtherAssetsTotalGrp/EOYAmt01050000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0272
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05168
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05440
IRS990/OtherExpensesGrp/Desc0APPLIED RESEARCH CENT -
IRS990/OtherExpensesGrp/Desc1PROSPECT DEVELOPMENT
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IRS990/OtherExpensesGrp/ProgramServicesAmt1551208
IRS990/OtherExpensesGrp/TotalAmt0787504
IRS990/OtherExpensesGrp/TotalAmt1551208
IRS990/OtherLiabilitiesGrp/BOYAmt013566
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05157
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt097988
IRS990/OtherSalariesAndWagesGrp/TotalAmt0103145
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0877
IRS990/PayrollTaxesGrp/ProgramServicesAmt016671
IRS990/PayrollTaxesGrp/TotalAmt017548
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0772
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014664
IRS990/PensionPlanContributionsGrp/TotalAmt015436
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt074558
IRS990/PrincipalOfficerNm0WILLSON M WILLIAMS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0PROJECT RELATED REVENU
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04050
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/ExpenseAmt0506395
IRS990/ProgSrvcAccomActy3Grp/Desc0ENCOURAGEMENT OF THE ECONOMIC DEVELOPMENT OF AIKEN, EDGEFIELD, AND SALUDA COUNTIES.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt04050
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IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt035589
IRS990/PYRevenuesLessExpensesAmt0-82964
IRS990/PYSalariesCompEmpBnftPaidAmt0325683
IRS990/PYTotalExpensesAmt02376096
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02293132
IRS990/ReconcilationRevenueExpnssAmt0611469
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06401199
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt04552322
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02900000
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02900000
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt07500
IRS990ScheduleD/DonatedServicesUseFcltsAmt07500
IRS990ScheduleD/EquipmentGrp/BookValueAmt015121
IRS990ScheduleD/EquipmentGrp/DepreciationAmt072026
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt087147
IRS990ScheduleD/ExpensesNotReportedAmt07500
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01821107
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0360000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt014793
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt030333
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt045126
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01050000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM COMPONENT UNIT - ARC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,321,972
Liabilities
$2,920,773
Net assets
$6,401,199
Revenue
$2,432,576
Expenses
$1,821,107
Net income
$611,469
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