Civic Intelligence

Central Carolina Economic Development Alliance

EIN 57-1003750 • 501(c)3 • Columbia, SC

View Organization Page

Profile

The alliance stimulates economic expansion and facilitates job creation by promoting central south carolina as a valuable location for businesses.

1201 Main Street 100Columbia, SC 29201

www.centralsc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.12x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.22x

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

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

67th percentile

15%

Higher net margin than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$224,591

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

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

Asset Growth

79th percentile

21%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

12%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$3,324,112

Down $721,161 (-18%) from 2024

Liabilities

Down

$229,437

Down $228,567 (-50%) from 2024

Net Assets

Down

$3,094,675

Down $492,594 (-14%) from 2024

Operations
Liabilities / Revenue68th percentileNet Margin67th percentile

Revenue

Up

$2,360,320

Up $260,981 (+12%) from 2024

Expenses

Up

$2,852,914

Up $766,803 (+37%) from 2024

Net Income

Down

-$492,594

Down $505,822 (-3824%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $1,244,491Liabilities 2010: $176,926Net Assets 2010: $1,067,5652010Assets 2011: $1,623,536Liabilities 2011: $138,847Net Assets 2011: $1,484,6892011Assets 2012: $1,744,923Liabilities 2012: $169,936Net Assets 2012: $1,574,9872012Assets 2013: $1,979,859Liabilities 2013: $161,081Net Assets 2013: $1,818,7782013Assets 2014: $2,500,116Liabilities 2014: $130,313Net Assets 2014: $2,369,8032014Assets 2015: $2,251,603Liabilities 2015: $125,282Net Assets 2015: $2,126,3212015Assets 2016: $2,345,234Liabilities 2016: $172,977Net Assets 2016: $2,172,2572016Assets 2017: $2,508,765Liabilities 2017: $206,688Net Assets 2017: $2,302,0772017Assets 2018: $2,674,228Liabilities 2018: $167,632Net Assets 2018: $2,506,5962018Assets 2019: $2,619,262Liabilities 2019: $172,688Net Assets 2019: $2,446,5742019Assets 2020: $2,716,865Liabilities 2020: $248,393Net Assets 2020: $2,468,4722020Assets 2021: $3,162,679Liabilities 2021: $192,701Net Assets 2021: $2,969,9782021Assets 2022: $3,347,503Liabilities 2022: $98,336Net Assets 2022: $3,249,1672022Assets 2023: $4,064,711Liabilities 2023: $490,671Net Assets 2023: $3,574,0402023Assets 2024: $4,045,273Liabilities 2024: $458,004Net Assets 2024: $3,587,2692024Assets 2025: $3,324,112Liabilities 2025: $229,437Net Assets 2025: $3,094,6752025

Highlighted filing

2025

Assets$3,324,112
Liabilities$229,437
Net Assets$3,094,675
Open 2025 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,463,7162010Expenses 2011: $1,614,1822011Expenses 2012: $2,728,3002012Expenses 2013: $2,377,1862013Revenue 2014: $2,457,316Expenses 2014: $1,906,291Net Income 2014: $551,0252014Revenue 2015: $1,915,236Expenses 2015: $2,158,718Net Income 2015: -$243,4822015Revenue 2016: $1,322,485Expenses 2016: $2,099,069Net Income 2016: -$776,5842016Revenue 2017: $3,406,785Expenses 2017: $3,276,965Net Income 2017: $129,8202017Revenue 2018: $2,122,983Expenses 2018: $1,918,464Net Income 2018: $204,5192018Revenue 2019: $2,017,120Expenses 2019: $2,077,142Net Income 2019: -$60,0222019Revenue 2020: $1,963,245Expenses 2020: $1,941,347Net Income 2020: $21,8982020Revenue 2021: $2,043,235Expenses 2021: $1,541,729Net Income 2021: $501,5062021Revenue 2022: $1,991,881Expenses 2022: $1,712,692Net Income 2022: $279,1892022Revenue 2023: $2,238,552Expenses 2023: $1,913,679Net Income 2023: $324,8732023Revenue 2024: $2,099,339Expenses 2024: $2,086,111Net Income 2024: $13,2282024Revenue 2025: $2,360,320Expenses 2025: $2,852,914Net Income 2025: -$492,5942025

Highlighted filing

2025

Revenue$2,360,320
Expenses$2,852,914
Net Income-$492,594
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,324,112
Liabilities
$229,437
Net assets
$3,094,675
Revenue
$2,360,320
Expenses
$2,852,914
Net income
-$492,594
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.32$0.23$3.09$2.36$2.85$0.49
2024Detailed filing. Detailed filing data is available for this year.$4.05$0.46$3.59$2.10$2.09$0.01
2023Detailed filing. Detailed filing data is available for this year.$4.06$0.49$3.57$2.24$1.91$0.32
2022Detailed filing. Detailed filing data is available for this year.$3.35$0.10$3.25$1.99$1.71$0.28
2021Detailed filing. Detailed filing data is available for this year.$3.16$0.19$2.97$2.04$1.54$0.50
2020Detailed filing. Detailed filing data is available for this year.$2.72$0.25$2.47$1.96$1.94$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.62$0.17$2.45$2.02$2.08$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.67$0.17$2.51$2.12$1.92$0.20
2017Detailed filing. Detailed filing data is available for this year.$2.51$0.21$2.30$3.41$3.28$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.35$0.17$2.17$1.32$2.10$0.78
2015Detailed filing. Detailed filing data is available for this year.$2.25$0.13$2.13$1.92$2.16$0.24
2014Detailed filing. Detailed filing data is available for this year.$2.50$0.13$2.37$2.46$1.91$0.55
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.16$1.82$2.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.17$1.57$2.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.14$1.48$1.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.18$1.07$1.46
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 20, 2026
Return Version
2024v5.1
Gross Receipts
$2,441,004
Mission and Program Overview

Mission

The alliance stimulates economic expansion and facilitates jobcreation by promoting central south carolina as a valuable locationfor businesses.

To promote economic development in central south carolina using voluntary financial and manpower.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,161,873$1,689,250▼ $472,623
Cash and Non-Interest-Bearing Accounts$1,085,861$1,203,761▲ $117,900
Accounts Receivable$419,507$222,279▼ $197,228
Prepaid Expenses and Deferred Charges$52,583$64,935▲ $12,352
Land, Buildings, and Equipment, Net$4,753$2,716▼ $2,037
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$4,045,273$3,324,112▼ $721,161
Other Assets Total$320,696$141,171▼ $179,525
Liabilities
Other Liabilities$329,278$202,722▼ $126,556
Accounts Payable and Accrued Expenses$128,401$26,715▼ $101,686
Deferred Revenue$325--
Total Liabilities$458,004$229,437▼ $228,567
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,488,393$2,127,039▼ $361,354
Net Assets Without Donor Restrictions$1,098,876$967,636▼ $131,240
Total Net Assets Fund Balance$3,587,269$3,094,675▼ $492,594
Total Liabilities and Net Assets / Fund Balance$4,045,273$3,324,112▼ $721,161

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,716$7,468$10,184
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason GiullietiPresidentFT$155,000$75,000$230,000
Stephen RoddeyVice President of Business RecruitmentFT$116,725-$116,725

Board Members and Trustees

NameTitle
Matthew ShafferChair
Mark ScrivenChair of Finance
Dwight Stewart JrVice Chair
Tushar ChikhlikerVice Chair, Chair-elect
Anthony JacksonBoard Member
Anton GunnBoard Member
Bacon BruceBoard Member
Beth CarriggBoard Member
Bob QuinnBoard Member
Bob RuffBoard Member
Brad NeeseBoard Member
Eva NanceBoard Member
Geoffrey LewisBoard Member
Gregory LittleBoard Member
Holt ChetwoodBoard Member
Hope RiversBoard Member
James HaiglerBoard Member
Jesica MackeyBoard Member
Joesph TrainorBoard Member
Johnnie Wright SrBoard Member
Johnny RavenellBoard Member
Kevin WernerBoard Member
Mandy BrawleyBoard Member
Merle JohnsonBoard Member
Peter BrownBoard Member
Shaun RandallBoard Member
Stephen CutlerBoard Member
Terrance FordBoard Member
Todd JohnsonBoard Member
Walt TobinBoard Member
Warren Darby JrBoard Member
Will BrennanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,426,956
Program Service Revenue
$0
Investment Income
$8,014
Other Revenue
$-74,650
All Other Contributions
$476,250
Change in Net Assets
$-492,594

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,360,320
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$2,360,320
Total Revenue per Form 990
$2,360,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,661,150
Salaries, Compensation, and Employee Benefits$866,764
Grants and Similar Amounts Paid$325,000
Total Fundraising Expense$143,815
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$401,220$69,050$38,237$508,507
Advertising$397,705--$397,705
Grants to Domestic Orgs$325,000--$325,000
Current Officers, Directors, Trustees, and Key Employees$114,000$114,000$57,000$285,000
Office Expenses$87,162$9,775-$96,937
Fees for Services Accounting$38,892$24,872-$63,764
Payroll Taxes$39,889$6,865$3,801$50,555
Fees for Services Management$15,317-$15,318$30,635
Pension Plan Contributions$17,912$3,083$1,707$22,702
Other Expenses$639$19,005$116$19,760
Total Functional Expenses$2,397,662$311,437$143,815$2,852,914

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,852,914
Total Expenses per Audited Statements$2,852,914
Total Expenses per Form 990$2,852,914
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
County of LexingtonLexington, SCGovLTC Funds$250,000
County of RichlandColumbia, SCGovSoutheast Richland Co Industrial Park$75,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$80,684
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ally Appreciation$72,111$0$44,031$-44,031
Existing Industry Golf Tourn$27,845$0$18,541$-18,541
Total Events$99,956$0$62,572$-62,572
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$144,240
Payroll Liability$42,829
Credit Card Liability$9,809
Rou Liability$5,844
Accrued Expenses-
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
No
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Line 11B Review of form 990 by governing body

“The president & ceo, finance chair and vp of operations of the organization review the form 990.”

Form 990, Part VI, Line 15A Process to establish compensation of top management official

“The process for determining the compensation of top management positions is based on a comparability study conducted by an outside consultant, with oversight from the Board of Directors. This process is reviewed annually.”

Form 990, Part VI, Line 15B Process to establish compensation of other employees

“The process for determining the compensation of executive directors and key employee positions is based on a comparability study conducted by an outside consultant, with oversight from the Board of Directors. This process is reviewed annually.”

Form 990, Part VI, Line 19 Required documents available to the public

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Central Carolina Economic Development Alliance
EIN
57-1003750
Phone
8037331134
Address
1201 Main Street 100, Columbia, SC 29201

Signing Officer

Name
Jason Giulietti
Title
Principal Officer
Phone
8037331131
Signed
2026-03-20
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Legal Domicile
Sc
Voting Board Members
32
Independent Board Members
32
Employees
7
Volunteers
32

Preparer

Firm
Mauldin & Jenkins LLC
Address
508 Hampton Street 1st Floor, Columbia, SC 29201
Preparer
David Splittgerber
Phone
8037995810
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C Change of oversight process or selection process

“There are no changes from the prior year.”

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

“The Alliance has received a determination letter from the Internal Revenue Service (IRS) indicating it is a tax-exempt organization under Section 501(c) (3) of the Internal Revenue Code and is subject to federal income tax only on unrelated business income. Management is not aware of any transactions which would jeopardize their tax-exempt status. Accounting principles generally accepted in the United States of America requires management to evaluate tax positions taken by the Alliance and to recognize a tax liability (or asset) if the Alliance has taken an un-certain position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed the tax positions taken by the Alliance and has concluded that as of June 30, 2025 and 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. The Alliance is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. U.S. state jurisdictions have statutes of limitations that generally range from three to five years.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR, CHAIR-ELECT
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IRS990/Form990PartVIISectionAGrp/TitleTxt31BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt32PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt33Vice President of Business Recruitment
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IRS990/MissionDesc0THE ALLIANCE STIMULATES ECONOMIC EXPANSION AND FACILITATES JOB CREATION BY PROMOTING CENTRAL SOUTH CAROLINA AS A VALUABLE LOCATION FOR BUSINESSES.
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