Form 990 for tax year 2024
Filed by SOUTH CAROLINA MANUFACTURERS INSTITUTE.
Totals
- Total revenue
- $571,576
- Total expenses
- $215,639
- Contributions and grants received
- $567,500
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $4,076
- Other revenue
- $0
- Total assets, end of year
- $438,732
- Total liabilities, end of year
- $17,400
- Net assets or fund balances, end of year
- $421,332
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $211,542
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
$567,500
-
3 · Investment income
total $4,076 · excluded $4,076
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $2,249
-
23 · Insurance
total $1,848
-
24a · Other expenses: PUBLIC RELATIONS EXPENS
total $136,500
-
24b · Other expenses: CONSULTING EXPENSE
total $39,882
-
24c · Other expenses: ANALYTICS EXPENSE
total $35,160
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $65,395 · end of year $438,732
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $17,400
-
27 · Net assets without donor restrictions
beginning of year $65,395 · end of year $421,332
Mission and programs · 2024
Mission
TO PROMOTE A VARIETY OF PRO-BUSINESS POLICIES DESIGNED TO FOSTER THE GROWTH OF MANUFACTURING; TO PROMOTE CAREERS IN MANUFACTURING YOUNG PERSONS; TO RESEARCH AND IDENTIFY IMPEDIMENTS TO THE GROWTH OF MANUFACTURING IN SOUTH CAROLINA AS A VIABLE CAREER ALTERNATIVE TO PERSONS ENTERING THE WORKFORCE.
-
TO PROMOTE A VARIETY OF PRO-BUSINESS POLICIES DESIGNED TO FOSTER THE GROWTH OF MANUFACTURING; PROMOTE CAREERS IN MANUFACTURING; TO RESEARCH AND IDENTIFY IMPEDIMENTS TO GROWTH OF MANUFACTURING IN SOUTH CAROLINA AND SEEK SOLUTIONS TO IMPROVING SOUTH CAROLINA'S ECONOMIC COMPETITIVENESS.
Expenses $211,542 · Revenue $567,500
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
James RichterJAMES RICHTER
BOARD MEMBER
- Total calculated
- $103,351
- From this org
- $0
- From related orgs
- $93,945
- Other
- $9,406
- Hours/week
- 1 + 40 related
-
Grant BurnsGRANT BURNS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Sara HazzardSARA HAZZARD
PRESIDENT
- Total calculated
- $255,016
- From this org
- $0
- From related orgs
- $241,949
- Other
- $13,067
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $241,721 related
- Bonus
- $0
- Other
- $0 + $228 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $13,067 related
- Filer's total
- $0 + $255,016 related
-
Sunny S PhillipsSUNNY S PHILLIPS
VP OF MEMBER RELATIONS
- Total calculated
- $172,153
- From this org
- $0
- From related orgs
- $170,953
- Other
- $1,200
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $170,449 related
- Bonus
- $0
- Other
- $0 + $504 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $1,200 related
- Filer's total
- $0 + $172,153 related
-
Allen KlumpALLEN KLUMP
VP GOVERNMENT RELATIONS
- Total calculated
- $144,442
- From this org
- $0
- From related orgs
- $138,790
- Other
- $5,652
- Hours/week
- 0 + 40 related
-
Elisabeth KovacsELISABETH KOVACS
EXECUTIVE DIR SC FUTURE MAKERS
- Total calculated
- $126,068
- From this org
- $0
- From related orgs
- $124,777
- Other
- $1,291
- Hours/week
- 0 + 40 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
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.
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SOUTH CAROLINA MANUFACTURERS ALLIANCE
501(C)(6) · PRESERVE AND PROMOTE THE ECONOMIC HEALTH OF MANUFACTURING INDUSTRIES IN SC · SC
-
501(C)(3) · EXPOSE AND CONNECT THE NEXT GENERATION IN SC TO OPPORTUNITIES IN STEM · SC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202630429349300213
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