Civic Intelligence

Downtown Development Committee Nonprofit Corporation

990 • Fiscal year 2021 • EIN 85-2032503

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

Organization ProfileN/A
PO Box 1749Spartanburg, SC 29304-1749

(864) 596-2119

Siviq Scores

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

Liabilities / Assets

70th percentile

0.23x

Higher debt load relative to assets than 70% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

81st percentile

0.57x

Higher debt load relative to revenue than 81% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

98th percentile

96%

Higher net margin than 98% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

42nd percentile

$23,500

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

14th percentile

-4.3%

Faster asset growth than 14% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

35th percentile

1.5%

Faster revenue growth than 35% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$3,726,348

Down $167,136 (-4.3%) from 2020

Net Assets

Up

$2,878,608

Up $1,419,690 (+97%) from 2020

Liabilities

Down

$847,740

Down $1,586,826 (-65%) from 2020

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin98th percentile

Revenue

Up

$1,480,564

Up $21,646 (+1.5%) from 2020

Expenses

Up

$60,874

Up $60,874 from 2020

Net Income

Down

$1,419,690

Down $39,228 (-2.7%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$6.0M$4.0M$2.0M$0Assets 2020: $3,893,484Liabilities 2020: $2,434,566Net Assets 2020: $1,458,9182020Assets 2021: $3,726,348Liabilities 2021: $847,740Net Assets 2021: $2,878,6082021Assets 2022: $4,326,862Liabilities 2022: $8,049Net Assets 2022: $4,318,8132022Assets 2023: $5,917,438Liabilities 2023: $15,991Net Assets 2023: $5,901,4472023Assets 2024: $2,624,265Liabilities 2024: $63,555Net Assets 2024: $2,560,7102024

Highlighted filing

2021

Assets$3,726,348
Liabilities$847,740
Net Assets$2,878,608
Open 2021 Filing

Operations Trend

Revenue Growth35th percentile

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

$10M$5.0M$0-$5.0MRevenue 2020: $1,458,918Expenses 2020: $0Net Income 2020: $1,458,9182020Revenue 2021: $1,480,564Expenses 2021: $60,874Net Income 2021: $1,419,6902021Revenue 2022: $1,566,910Expenses 2022: $126,705Net Income 2022: $1,440,2052022Revenue 2023: $1,690,616Expenses 2023: $107,982Net Income 2023: $1,582,6342023Revenue 2024: $2,162,634Expenses 2024: $5,503,371Net Income 2024: -$3,340,7372024

Highlighted filing

2021

Revenue$1,480,564
Expenses$60,874
Net Income$1,419,690
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.0
Gross Receipts
$1,480,564
Mission and Program Overview

Mission

To further economic development in the city of spartanburg through promoting and assisting the growth of business concerns, including small business concerns, and thereby to benefit the community by relieving unemployment, combating community deterioration, increasing employment opportunities and expanding business for the citizens of the city of spartanburg.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,437,168$2,437,168→ $0
Cash and Non-Interest-Bearing Accounts$395,400$825,806▲ $430,406
Accounts Receivable$1,060,916$463,374▼ $597,542
Total Assets$3,893,484$3,726,348▼ $167,136
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,622,420$819,262▼ $803,158
Deferred Revenue$997$14,643▲ $13,646
Accounts Payable and Accrued Expenses$811,149$13,835▼ $797,314
Total Liabilities$2,434,566$847,740▼ $1,586,826
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$814,748$1,617,906▲ $803,158
Net Assets With Donor Restrictions$644,170$1,260,702▲ $616,532
Total Net Assets Fund Balance$1,458,918$2,878,608▲ $1,419,690
Total Liabilities and Net Assets / Fund Balance$3,893,484$3,726,348▼ $167,136

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,437,168-$2,437,168
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleOtherTotal
Manning LynchBoard$23,500$23,500
David BrittBoard$19,500$19,500
Erica BrownBoard$9,000$9,000
Jamie FulmerBoard$9,000$9,000
Jerome RiceBoard$9,000$9,000

Board Members and Trustees

NameTitle
Chris StoryPresident
Dennis LockeDirector of
Mitch KennedySecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$1,480,564
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$42,000
Change in Net Assets
$1,419,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$60,874
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$32,448--$32,448
Other Expenses$28,426--$28,426
Total Functional Expenses$60,874$0$0$60,874
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy of form 990 is submitted to the board prior to filing.”

Form 990, Page 6, Part VI, Line 19

“Documents available upon request”

Filing and Contact Details

Filer

Filer Name
Downtown Partnership Committee
EIN
85-2032503
Phone
8645962119
Address
PO BOX 1749, SPARTANBURG, SC 29304-1749

Signing Officer

Name
Dennis Locke
Title
Director of Finance
Phone
8645962119
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Story
Formed
2020
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Greene Finney Cauley Llp
Address
211 E BUTLER RD STE C6, MAULDIN, SC 29662
Preparer
Susan Denise Eidson CPA
Phone
8644517381
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To further economic development in the city of spartanburg through promoting and assisting the growth of business concerns, including small business concerns, and thereby to benefit the community by relieving unemployment, combating community deterioration, increasing employment opportunities and expanding business for the citizens of the city of spartanburg.”

Raw XML Appendix351 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/BOYAmt0811149
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013835
IRS990/AccountsReceivableGrp/BOYAmt01060916
IRS990/AccountsReceivableGrp/EOYAmt0463374
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO FURTHER ECONOMIC DEVELOPMENT IN THE CITY OF SPARTANBURG THROUGH PROMOTING AND ASSISTING THE GROWTH OF BUSINESS CONCERNS, INCLUDING SMALL BUSINESS CONCERNS, AND THEREBY TO BENEFIT THE COMMUNITY BY RELIEVING UNEMPLOYMENT, COMBATING COMMUNITY DETERIORATION, INCREASING EMPLOYMENT OPPORTUNITIES AND EXPANDING BUSINESS FOR THE CITIZENS OF THE CITY OF SPARTANBURG.
IRS990/AllOtherContributionsAmt042000
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0DENNIS LOCKE
IRS990/BooksInCareOfDetail/PhoneNum08645962059
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0145 W BROAD ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPARTANBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029306
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0395400
IRS990/CashNonInterestBearingGrp/EOYAmt0825806
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01480564
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt060874
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01419690
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt060874
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01480564
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0997
IRS990/DeferredRevenueGrp/EOYAmt014643
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PURCHASE OF 187 W. BROAD STREET, SPARTANBURG, SC, PARKING FACILITIES, FROM SPARTANBURG COUNTY FOR THE USE AND BENEFIT OF THE CITY AND IT'S CITIZENS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0644170
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01260702
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt060874
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/PersonNm0MANNING LYNCH
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID BRITT
IRS990/Form990PartVIISectionAGrp/PersonNm2ERICA BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMIE FULMER
IRS990/Form990PartVIISectionAGrp/PersonNm4JEROME RICE
IRS990/Form990PartVIISectionAGrp/PersonNm5MITCH KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm6DENNIS LOCKE
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRIS STORY
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/ReportableCompFromRltdOrgAmt023500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt119500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt29000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt39000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt49000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR OF
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02020
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt01438564
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01480564
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt032448
IRS990/InterestGrp/TotalAmt032448
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02437168
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02437168
IRS990/LandBldgEquipCostOrOtherBssAmt02437168
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO FURTHER ECONOMIC DEVELOPMENT IN THE CITY OF SPARTANBURG THROUGH PROMOTING AND ASSISTING THE GROWTH OF BUSINESS CONCERNS, INCLUDING SMALL BUSINESS CONCERNS, AND THEREBY TO BENEFIT THE COMMUNITY BY RELIEVING UNEMPLOYMENT, COMBATING COMMUNITY DETERIORATION, INCREASING EMPLOYMENT OPPORTUNITIES AND EXPANDING BUSINESS FOR THE CITIZENS OF THE CITY OF SPARTANBURG.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01622420
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0819262
IRS990/NetAssetsOrFundBalancesBOYAmt01458918
IRS990/NetAssetsOrFundBalancesEOYAmt02878608
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0814748
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01617906
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0OPERATING
IRS990/OtherExpensesGrp/ProgramServicesAmt028426
IRS990/OtherExpensesGrp/TotalAmt028426
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CHRIS STORY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01458903
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt015
IRS990/PYRevenuesLessExpensesAmt01458918
IRS990/PYTotalRevenueAmt01458918
IRS990/ReconcilationRevenueExpnssAmt01419690
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt042000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt042001
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt02939467
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt01438564
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt01458902
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt02897466
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01480564
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01458903
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02939467
IRS990ScheduleA/TotalSupportAmt02939482
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02437168
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02437168
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02437168
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO FURTHER ECONOMIC DEVELOPMENT IN THE CITY OF SPARTANBURG THROUGH PROMOTING AND ASSISTING THE GROWTH OF BUSINESS CONCERNS, INCLUDING SMALL BUSINESS CONCERNS, AND THEREBY TO BENEFIT THE COMMUNITY BY RELIEVING UNEMPLOYMENT, COMBATING COMMUNITY DETERIORATION, INCREASING EMPLOYMENT OPPORTUNITIES AND EXPANDING BUSINESS FOR THE CITIZENS OF THE CITY OF SPARTANBURG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 IS SUBMITTED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CITY OF SPARTANBURG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SPARTANBURG COUNTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0576000245
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0170C1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1170C1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CAPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1LOAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt06
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt16
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0145 W BROAD ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1366 N CHURCH ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SPARTANBURG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1SPARTANBURG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd029306
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd129303
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01438564
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CITY OF SPARTANBURG
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03893484
IRS990/TotalAssetsEOYAmt03726348
IRS990/TotalAssetsGrp/BOYAmt03893484
IRS990/TotalAssetsGrp/EOYAmt03726348
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01480564
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt060874
IRS990/TotalFunctionalExpensesGrp/TotalAmt060874
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02434566
IRS990/TotalLiabilitiesEOYAmt0847740
IRS990/TotalLiabilitiesGrp/BOYAmt02434566
IRS990/TotalLiabilitiesGrp/EOYAmt0847740
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01458918
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02878608
IRS990/TotalProgramServiceExpensesAmt060874
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01480564
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03893484
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03726348
IRS990/TotReportableCompRltdOrgAmt070000
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0145 W BROAD ST
IRS990/USAddress/CityNm0SPARTANBURG
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029306
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENNIS LOCKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR OF FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum08645962119
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN PARTNERSHIP COMMITTEE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0NONPROFIT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0852032503
ReturnHeader/Filer/PhoneNum08645962119
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1749
ReturnHeader/Filer/USAddress/CityNm0SPARTANBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd0293041749
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0522212837
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREENE FINNEY CAULEY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0211 E BUTLER RD STE C6
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MAULDIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029662
ReturnHeader/PreparerPersonGrp/PhoneNum08644517381
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUSAN DENISE EIDSON CPA
ReturnHeader/ReturnTs02022-05-16T17:35:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DENNIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LOCKE
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,726,348
Liabilities
$847,740
Net assets
$2,878,608
Revenue
$1,480,564
Expenses
$60,874
Net income
$1,419,690
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$0.06$2.56$2.16$5.50$3.34
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.92$0.02$5.90$1.69$0.11$1.58
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.33$0.01$4.32$1.57$0.13$1.44
2021Detailed filing. Detailed filing data is available for this year.$3.73$0.85$2.88$1.48$0.06$1.42
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.89$2.43$1.46$1.46$0.00$1.46