Civic Intelligence

Greenville Area Development Corporation

990 • Fiscal year 2019 • EIN 57-1125289

Jul 01, 2018 to Jun 30, 2019 • Filed on May 13, 2020

Organization ProfileWWW.GREENVILLEECONOMICDEVELOPMENT.COM
233 North Main St Suite 250Greenville, SC 29601

(864) 235-2008

Siviq Scores

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

Liabilities / Assets

41st percentile

0.04x

Higher debt load relative to assets than 41% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

42nd percentile

0.06x

Higher debt load relative to revenue than 42% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

84th percentile

31%

Higher net margin than 84% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

92nd percentile

$230,281

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

82nd percentile

24%

Faster asset growth than 82% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$3,038,342

Up $585,093 (+24%) from 2018

Net Assets

Up

$2,910,263

Up $672,976 (+30%) from 2018

Liabilities

Down

$128,079

Down $87,883 (-41%) from 2018

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin84th percentile

Revenue

Up

$2,193,417

Up $211,220 (+11%) from 2018

Expenses

Up

$1,520,441

Up $139,430 (+10%) from 2018

Net Income

Up

$672,976

Up $71,790 (+12%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$6.0M$4.0M$2.0M$0Assets 2012: $1,048,669Liabilities 2012: $35,577Net Assets 2012: $1,013,0922012Assets 2013: $1,431,443Liabilities 2013: $60,041Net Assets 2013: $1,371,4022013Assets 2014: $1,475,970Liabilities 2014: $38,093Net Assets 2014: $1,437,8772014Assets 2015: $1,578,469Liabilities 2015: $38,096Net Assets 2015: $1,540,3732015Assets 2016: $555,401Liabilities 2016: $27,178Net Assets 2016: $528,2232016Assets 2017: $1,843,545Liabilities 2017: $207,444Net Assets 2017: $1,636,1012017Assets 2018: $2,453,249Liabilities 2018: $215,962Net Assets 2018: $2,237,2872018Assets 2019: $3,038,342Liabilities 2019: $128,079Net Assets 2019: $2,910,2632019Assets 2020: $4,206,871Liabilities 2020: $131,767Net Assets 2020: $4,075,1042020Assets 2021: $4,479,595Liabilities 2021: $372,345Net Assets 2021: $4,107,2502021Assets 2022: $2,285,724Liabilities 2022: $323,822Net Assets 2022: $1,961,9022022Assets 2023: $2,817,864Liabilities 2023: $227,863Net Assets 2023: $2,590,0012023Assets 2024: $2,923,405Liabilities 2024: $83,835Net Assets 2024: $2,839,5702024

Highlighted filing

2019

Assets$3,038,342
Liabilities$128,079
Net Assets$2,910,263
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 2012: $1,646,576Expenses 2012: $1,457,769Net Income 2012: $188,8072012Expenses 2013: $1,442,6322013Revenue 2014: $1,476,661Expenses 2014: $1,400,186Net Income 2014: $76,4752014Revenue 2015: $1,263,175Expenses 2015: $1,160,679Net Income 2015: $102,4962015Revenue 2016: $2,004,099Expenses 2016: $1,475,878Net Income 2016: $528,2212016Revenue 2017: $1,858,085Expenses 2017: $2,292,193Net Income 2017: -$434,1082017Revenue 2018: $1,982,197Expenses 2018: $1,381,011Net Income 2018: $601,1862018Revenue 2019: $2,193,417Expenses 2019: $1,520,441Net Income 2019: $672,9762019Revenue 2020: $2,380,406Expenses 2020: $1,215,565Net Income 2020: $1,164,8412020Revenue 2021: $2,418,141Expenses 2021: $2,385,995Net Income 2021: $32,1462021Revenue 2022: $1,984,050Expenses 2022: $4,129,398Net Income 2022: -$2,145,3482022Revenue 2023: $2,199,110Expenses 2023: $1,571,011Net Income 2023: $628,0992023Revenue 2024: $2,684,993Expenses 2024: $2,435,424Net Income 2024: $249,5692024

Highlighted filing

2019

Revenue$2,193,417
Expenses$1,520,441
Net Income$672,976
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 13, 2020
Return Version
2018v3.2
Gross Receipts
$2,193,417
Mission and Program Overview

Mission

Promoting and enhancing the economic growth and development of greenville county, south carolina; gadc was formed by greenville county council.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,192,776$2,703,852▲ $511,076
Land, Buildings, and Equipment, Net$256,873$234,950▼ $21,923
Cash and Non-Interest-Bearing Accounts-$95,213-
Pledges and Grants Receivable$3,600$3,000▼ $600
Prepaid Expenses and Deferred Charges-$1,327-
Total Assets$2,453,249$3,038,342▲ $585,093
Liabilities
Other Liabilities$95,000$83,000▼ $12,000
Accounts Payable and Accrued Expenses$120,962$45,079▼ $75,883
Total Liabilities$215,962$128,079▼ $87,883
Net Assets / Fund Balance
Unrestricted Net Assets$1,840,012$2,448,347▲ $608,335
Temporarily Rstr Net Assets$397,275$461,916▲ $64,641
Total Net Assets Fund Balance$2,237,287$2,910,263▲ $672,976
Total Liabilities and Net Assets / Fund Balance$2,453,249$3,038,342▲ $585,093

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$161,250$67,166$228,416
Other Land Buildings$66,215$57,298$123,513
Equipment$7,485$18,849$26,334
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark FarrisPresidentFT$175,385$54,896$230,281
Kevin LandmesserSenior VPFT$117,889$29,974$147,863
Scott CaseTreasurer--$126,943$126,943
H G Butch Kirven JrEx Offico Me--$42,683$42,683
Ennis FantBoard Member--$41,005$41,005
Willis MeadowsEx Offico Me--$39,248$39,248

Board Members and Trustees

NameTitle
Marshall FranklinChairman
Tom EptingVice Chair
Barry LeasureBoard Member
David KelleyBoard Member
Debbie NelsonBoard Member
Don EricksonBoard Member
Don GodbeyBoard Member
Dr Eugene LanganBoard Member
JE'VARUS HOWARDBoard Member
Jim WigintonBoard Member
Justin BagwellBoard Member
Tom QuantrilleBoard Member
Beverly HainesSecretary
Roy ChamleeSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,143,077
Program Service Revenue
$0
Investment Income
$50,340
Other Revenue
$0
All Other Contributions
$364,454
Change in Net Assets
$672,976

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,193,417
Revenue Not Reported on Form 990
$15,342
Total Revenue per Audited Statements
$2,208,759
Total Revenue per Form 990
$2,193,417
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$909,037
Other Expenses$511,404
Grants and Similar Amounts Paid$100,000
Total Fundraising Expense$11,040
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$323,231$43,990-$367,221
Current Officers, Directors, Trustees, and Key Employees$232,194$60,184$8,542$300,920
Advertising$176,502--$176,502
Grants to Domestic Orgs$100,000--$100,000
Other Employee Benefits$78,692$18,074$729$97,495
Pension Plan Contributions$79,661$15,162$1,244$96,067
Occupancy$63,062$15,766-$78,828
Payroll Taxes$39,453$7,356$525$47,334
Depreciation Depletion$32,675$8,169-$40,844
Office Expenses$25,827$6,457-$32,284
Fees for Services Accounting-$30,455-$30,455
Insurance-$7,012-$7,012
Other Expenses$6,634$1,205-$6,634
Total Functional Expenses$1,293,010$216,391$11,040$1,520,441

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,535,784
Expenses per Audited Statements$1,520,441
Total Expenses per Form 990$1,520,441
Expenses Not Reported on Form 990$15,343
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greenville CountyGreenville, SCGovProj Infrastructure$100,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unamortized Lease Incentive$83,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“The organization's board members consist of the following: two are ex offico members who serve by the virtue of the respective office they serve on the greenville county council ("council"), one is an at-large member of council, three are appointed by the chairman of council, and the remainder directors are elected by council.”

Form 990, Page 6, Part VI, Line 7B

“The county administrator of greenville county shall assist the organization in securing any resources of the county in order for the organization to undertake its purposes. The president/ceo of the organization shall provide the county administrator with any such information necessary to prepare a budget for greenville county council ("council") to adopt with respect to the organization and make any appropriations to it. Any dissolution of the organization requires approval of council and all remaining assets of the organization shall be conveyed or distributed to or for the benefit of greenville county, or to such organization(s) as may be designated and unanimously approved by council and the organization's board of directors.”

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

“A copy of the form 990 was reviewed by the ceo and a qualified financial professional, other than the preparer.”

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

“The president reviews any potential conflicts of interest. The organization enhanced its conflicts of interest and whistleblower policies in april and may 2020, respectively.”

Form 990, Page 6, Part VI, Line 15A

“The organization uses comparability data, iedc salary survey”

Form 990, Page 6, Part VI, Line 15B

“The organization uses comparabilty data, iedc salary survey”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Greenville Area Development
EIN
57-1125289
Phone
8642352008
Address
233 NORTH MAIN ST SUITE 250, GREENVILLE, SC 29601

Signing Officer

Name
Mark Farris
Title
President
Phone
8642352008
Signed
2020-05-13

Organization Details

Principal Officer
Mark Farris
Formed
2001
Legal Domicile
Sc
Voting Board Members
15
Independent Board Members
11
Employees
8

Preparer

Firm
Bradshaw Gordon & Clinkscales LLC
Address
630 E WASHINGTON ST STE B, GREENVILLE, SC 29601-2963
Preparer
Thomas R Adams Jr
Phone
8642330590
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Product development program expenses consist primarily of professional fees paid related to infrastructure projects expected to have a favorable impact on economic development in greenville county.”

Form 990, Part XI, Line 9

“In-kind services expense 0 (offset by 15,342 in revenue) -15,342 total -15,342”

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

“ROUNDING 1”

Raw XML AppendixShowing 400 of 593 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/BOYAmt0120962
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt045079
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTING AND ENHANCING THE ECONOMIC GROWTH AND DEVELOPMENT OF GREENVILLE COUNTY, SOUTH CAROLINA; GADC WAS FORMED BY GREENVILLE COUNTY COUNCIL.
IRS990/AdvertisingGrp/ProgramServicesAmt0176502
IRS990/AdvertisingGrp/TotalAmt0176502
IRS990/AllOtherContributionsAmt0364454
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0MARK FARRIS
IRS990/BooksInCareOfDetail/PhoneNum08642352008
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0233 N MAIN ST SUITE 250
IRS990/BooksInCareOfDetail/USAddress/CityNm0GREENVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029601
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt095213
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt08542
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt060184
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0232194
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0300920
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02143077
IRS990/CYGrantsAndSimilarPaidAmt0100000
IRS990/CYInvestmentIncomeAmt050340
IRS990/CYOtherExpensesAmt0511404
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0672976
IRS990/CYSalariesCompEmpBnftPaidAmt0909037
IRS990/CYTotalExpensesAmt01520441
IRS990/CYTotalFundraisingExpenseAmt011040
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02193417
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08169
IRS990/DepreciationDepletionGrp/ProgramServicesAmt032675
IRS990/DepreciationDepletionGrp/TotalAmt040844
IRS990/Desc0PROMOTION OF ECONOMIC DEVELOPMENT IN THE GREENVILLE AREA THROUGH SPECIFIC MARKETING INITIATIVES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonatedServicesAndUseFcltsAmt015342
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0176502
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt030455
IRS990/FeesForServicesAccountingGrp/TotalAmt030455
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
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/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt024701
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt114202
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt213400
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt313601
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/OtherCompensationAmt1854896
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1929974
IRS990/Form990PartVIISectionAGrp/PersonNm0SCOTT CASE
IRS990/Form990PartVIISectionAGrp/PersonNm1H G BUTCH KIRVEN JR
IRS990/Form990PartVIISectionAGrp/PersonNm2ENNIS FANT
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIS MEADOWS
IRS990/Form990PartVIISectionAGrp/PersonNm4MARSHALL FRANKLIN
IRS990/Form990PartVIISectionAGrp/PersonNm5TOM QUANTRILLE
IRS990/Form990PartVIISectionAGrp/PersonNm6DR EUGENE LANGAN
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm8BEVERLY HAINES
IRS990/Form990PartVIISectionAGrp/PersonNm9DEBBIE NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm10JIM WIGINTON
IRS990/Form990PartVIISectionAGrp/PersonNm11DON GODBEY
IRS990/Form990PartVIISectionAGrp/PersonNm12TOM EPTING
IRS990/Form990PartVIISectionAGrp/PersonNm13ROY CHAMLEE
IRS990/Form990PartVIISectionAGrp/PersonNm14JE'VARUS HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm15JUSTIN BAGWELL
IRS990/Form990PartVIISectionAGrp/PersonNm16DON ERICKSON
IRS990/Form990PartVIISectionAGrp/PersonNm17BARRY LEASURE
IRS990/Form990PartVIISectionAGrp/PersonNm18MARK FARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm19KEVIN LANDMESSER
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/ReportableCompFromOrgAmt18175385
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19117889
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0102242
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt128481
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt227605
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt325647
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/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1EX OFFICO ME
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3EX OFFICO ME
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19SENIOR VP
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0100000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0100000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02193417
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07012
IRS990/InsuranceGrp/TotalAmt07012
IRS990/InvestmentIncomeGrp/ExclusionAmt050340
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt050340
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0143313
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0256873
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0234950
IRS990/LandBldgEquipCostOrOtherBssAmt0378263
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTING AND ENHANCING THE ECONOMIC GROWTH AND DEVELOPMENT OF GREENVILLE COUNTY, SOUTH CAROLINA; GADC WAS FORMED BY GREENVILLE COUNTY COUNCIL.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02237287
IRS990/NetAssetsOrFundBalancesEOYAmt02910263
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt015766
IRS990/OccupancyGrp/ProgramServicesAmt063062
IRS990/OccupancyGrp/TotalAmt078828
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06457
IRS990/OfficeExpensesGrp/ProgramServicesAmt025827
IRS990/OfficeExpensesGrp/TotalAmt032284
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-15342
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0729
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018074
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt078692
IRS990/OtherEmployeeBenefitsGrp/TotalAmt097495
IRS990/OtherExpensesGrp/Desc0PRODUCT DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1VEHICLE
IRS990/OtherExpensesGrp/Desc2DUES & FEES
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02561
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11205
IRS990/OtherExpensesGrp/ProgramServicesAmt0119145
IRS990/OtherExpensesGrp/ProgramServicesAmt110245
IRS990/OtherExpensesGrp/ProgramServicesAmt25689
IRS990/OtherExpensesGrp/ProgramServicesAmt36634
IRS990/OtherExpensesGrp/TotalAmt0119145
IRS990/OtherExpensesGrp/TotalAmt112806
IRS990/OtherExpensesGrp/TotalAmt26894
IRS990/OtherExpensesGrp/TotalAmt36634
IRS990/OtherLiabilitiesGrp/BOYAmt095000
IRS990/OtherLiabilitiesGrp/EOYAmt083000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043990
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0323231
IRS990/OtherSalariesAndWagesGrp/TotalAmt0367221
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0525
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07356
IRS990/PayrollTaxesGrp/ProgramServicesAmt039453
IRS990/PayrollTaxesGrp/TotalAmt047334
IRS990/PensionPlanContributionsGrp/FundraisingAmt01244
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt015162
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt079661
IRS990/PensionPlanContributionsGrp/TotalAmt096067
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03600
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01327
IRS990/PrincipalOfficerNm0MARK FARRIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0PASS-THROUGH GRANTS TO CORPORATIONS AND GOVERNMENTAL ENTITIES TO HELP FUND INFRASTRUCTURE AND/OR RELATED PROFESSIONAL FEES WHICH ADVANCE ECONOMIC DEVELOPMENT. GRANT EXPENSES ARE PRIMARILY FUNDED BY UTILITY TAX CREDIT AND COMMUNITY INVESTMENT FUND GRANT REVENUES PASSED-THROUGH BY UTILITY COMPANIES TO GADC.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0100000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0100000
IRS990/ProgSrvcAccomActy3Grp/Desc0GENERAL PROGRAM COSTS-INCLUDES SALARIES AND RELATED OVERHEAD REQUIRED TO RECRUIT SPECIFIC POTENTIAL BUSINESSES TO THE GREENVILLE AREA AND TO SUPPORT EXPANSION OF EXISTING BUSINESSES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0897363
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PRODUCT DEVELOPMENT PROGRAM EXPENSES CONSIST PRIMARILY OF PROFESSIONAL FEES PAID RELATED TO INFRASTRUCTURE PROJECTS EXPECTED TO HAVE A FAVORABLE IMPACT ON ECONOMIC DEVELOPMENT IN GREENVILLE COUNTY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0119145
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01956455
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt061430
IRS990/PYInvestmentIncomeAmt025742
IRS990/PYOtherExpensesAmt0426244
IRS990/PYRevenuesLessExpensesAmt0601186
IRS990/PYSalariesCompEmpBnftPaidAmt0893337
IRS990/PYTotalExpensesAmt01381011
IRS990/PYTotalRevenueAmt01982197
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0672976
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt01778623
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02192776
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02703852
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 0
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02143077
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01956455
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01848843
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01899820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01414384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09262579
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt050340
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt025813
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09242
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02869
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03928
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt092192
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94610
IRS990ScheduleA/PublicSupportPY170Pct00.94720
IRS990ScheduleA/PublicSupportTotal170Amt08850769
IRS990ScheduleA/SubstantialContributorsTotAmt0411810
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02143077
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01956455
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01848843
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01899820
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01414384
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09262579
IRS990ScheduleA/TotalSupportAmt09354771
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt015342
IRS990ScheduleD/DonatedServicesUseFcltsAmt015342
IRS990ScheduleD/EquipmentGrp/BookValueAmt07485
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018849
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026334
IRS990ScheduleD/ExpensesNotReportedAmt015343
IRS990ScheduleD/ExpensesSubtotalAmt01520441
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0161250
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt067166
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0228416
IRS990ScheduleD/OtherExpensesIncludedAmt01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt066215
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt057298
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0123513
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt083000

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
$3,038,342
Liabilities
$128,079
Net assets
$2,910,263
Revenue
$2,193,417
Expenses
$1,520,441
Net income
$672,976
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.92$0.08$2.84$2.68$2.44$0.25
2023Detailed filing. Detailed filing data is available for this year.$2.82$0.23$2.59$2.20$1.57$0.63
2022Detailed filing. Detailed filing data is available for this year.$2.29$0.32$1.96$1.98$4.13$2.15
2021Detailed filing. Detailed filing data is available for this year.$4.48$0.37$4.11$2.42$2.39$0.03
2020Detailed filing. Detailed filing data is available for this year.$4.21$0.13$4.08$2.38$1.22$1.16
2019Detailed filing. Detailed filing data is available for this year.$3.04$0.13$2.91$2.19$1.52$0.67
2018Detailed filing. Detailed filing data is available for this year.$2.45$0.22$2.24$1.98$1.38$0.60
2017Detailed filing. Detailed filing data is available for this year.$1.84$0.21$1.64$1.86$2.29$0.43
2016Detailed filing. Detailed filing data is available for this year.$0.56$0.03$0.53$2.00$1.48$0.53
2015Detailed filing. Detailed filing data is available for this year.$1.58$0.04$1.54$1.26$1.16$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.48$0.04$1.44$1.48$1.40$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.06$1.37$1.44
2012Summary only. Only limited summary data is available for this year.$1.05$0.04$1.01$1.65$1.46$0.19