Form 990 for tax year 2023
Filed by EXCHANGE CLUB OF CHARLESTON FOUNDATION INC.
Totals
- Total revenue
- $161,155
- Total expenses
- $12,059
- Contributions and grants received
- $28,058
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $133,097
- Other revenue
- $0
- Total assets, end of year
- $1,087,032
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,087,032
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $12,059
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$28,058
-
3 · Investment income
total $133,097 · related or exempt $133,097
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $10,602 · management and general $10,602
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $828 · management and general $828
-
24a · Other expenses: other
total $629 · management and general $629
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,902
-
2 · Savings and temporary cash investments
beginning of year $33,664 · end of year $66,962
-
11 · Investments: publicly traded securities
beginning of year $899,370 · end of year $1,020,070
-
27 · Net assets without donor restrictions
beginning of year $937,936 · end of year $1,087,032
Mission and programs · 2023
Mission
To provide funds to legimate charitable causes for the betterment and improvement of the communites and people located primarily in the counties of Charleston, Berkeley, Colleton and Dorchester, South Carolina.
Activities or mission (Part I)
To provide funds to legitimate charitable causes for the betterment and improvement of the communities and people located primarily in the counties of Charleston, Dorchester, Colleton and Berkeley, South Carolina
-
None
As filed on the 2023 return.
Listed in Part VII
-
Steve Olson
President
- Total calculated
- $0
- Hours/week
- 2
-
Steve Berlin
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Chip Aydlette
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Salvador W Antonetti
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Brandon Cole
Imm Past President
- Total calculated
- $0
- Hours/week
- 2
-
Tony Giuliani
Director
- Total calculated
- $0
- Hours/week
- 2
-
Legare Clement
Director
- Total calculated
- $0
- Hours/week
- 2
-
Fred Whittle
Director
- Total calculated
- $0
- Hours/week
- 2
-
Donnie Pitts
Director
- Total calculated
- $0
- Hours/week
- 2
-
Buzz Buske
Director
- Total calculated
- $0
- Hours/week
- 2
-
Michael Jerigan
Director
- Total calculated
- $0
- Hours/week
- 2
-
Ken Dobler
Director
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501c 4 · Membership · SC
-
Exchange Club Fair Of Charleston Inc
501c5 · Coastal Carolina Fair · SC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541029349300104
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