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Nonprofiteer
← SOUTH CAROLINA MANUFACTURERS AND COMMERCE

Form 990 for tax year 2024

Filed by SOUTH CAROLINA MANUFACTURERS AND COMMERCE.

Totals

Total revenue
$3,201,355
Total expenses
$3,127,866
Contributions and grants received
$2,114,328
Grants paid
$0
Program service revenue
$978,987
Investment income
$77,186
Other revenue
$30,854
Total assets, end of year
$3,513,235
Total liabilities, end of year
$2,431,803
Net assets or fund balances, end of year
$1,081,432
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$0

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.

  • 1b · Membership dues

    $2,096,389

  • 1f · All other contributions, gifts and grants

    $17,939

  • 2a · Program service revenue: Events

    total $936,822 · related or exempt $936,822

  • 2b · Program service revenue: Underwriting

    total $42,165 · related or exempt $42,165

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $53,169 · excluded $53,169

  • 5 · Royalties

    total $254 · excluded $254

  • 6a · Gross rents

    real property $30,450

  • 6c · Rental income or loss

    real property $30,450 · personal property $0

  • 6d · Net rental income or loss

    total $30,450 · excluded $30,450

  • 7a · Gross sales of assets other than inventory

    securities $730,757

  • 7b · Less cost or other basis and sales expenses

    securities $706,740

  • 7c · Gain or loss

    securities $24,017 · other assets $0

  • 7d · Net gain or loss

    total $24,017 · excluded $24,017

  • 11a · Other revenue: Miscellaneous Income

    total $150 · excluded $150

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $150

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $850,611

  • 7 · Other salaries and wages

    total $555,745

  • 8 · Pension plan contributions

    total $46,353

  • 9 · Other employee benefits

    total $161,285

  • 10 · Payroll taxes

    total $127,250

  • 11c · Fees: accounting

    total $22,900

  • 11d · Fees: lobbying

    total $53,853

  • 11f · Fees: investment management

    total $7,130

  • 11g · Fees: other

    total $266,697

  • 12 · Advertising and promotion

    total $22,098

  • 13 · Office expenses

    total $64,778

  • 14 · Information technology

    total $71,909

  • 16 · Occupancy

    total $269,153

  • 17 · Travel

    total $38,451

  • 19 · Conferences, conventions and meetings

    total $458,849

  • 22 · Depreciation, depletion and amortization

    total $48,904

  • 23 · Insurance

    total $13,867

  • 24a · Other expenses: Dues

    total $32,138

  • 24b · Other expenses: Subscriptions

    total $15,536

  • 24c · Other expenses: EDUCATION

    total $241

  • 24d · Other expenses: Miscellaneous Expense

    total $118

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,101,377 · end of year $1,206,539

  • 4 · Accounts receivable

    beginning of year $12,500 · end of year $22,579

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $27,356 · end of year $47,370

  • 10a · Land, buildings and equipment: cost or other basis

    $1,491,452

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,405,834

  • 10c · Land, buildings and equipment, net

    beginning of year $115,011 · end of year $85,618

  • 12 · Investments: other securities

    beginning of year $1,212,218 · end of year $1,289,450

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $1,072,414 · end of year $861,679

  • 17 · Accounts payable and accrued expenses

    beginning of year $116,246 · end of year $93,156

  • 19 · Deferred revenue

    beginning of year $960,860 · end of year $1,149,837

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 25 · Other liabilities

    beginning of year $1,473,467 · end of year $1,188,810

  • 27 · Net assets without donor restrictions

    beginning of year $990,303 · end of year $1,081,432

Mission and programs · 2024

Mission

ENHANCING THE QUALITY OF LIFE FOR ALL SOUTH CAROLINIANS, ACHIEVING GLOBAL COMPETITEVENESS AND ULTIMATELY INCREASING PROSPERITY FOR SC CITIZENS.

Activities or mission (Part I)

BE THE LEADING VOICE FOR BUSINESS IN SOUTH CAROLINA.

  • ENHANCING THE QUALITY OF LIFE FOR ALL SOUTH CAROLINIANS, ACHIEVING GLOBAL COMPETITEVENESS AND ULTIMATELY INCREASING PROSPERITY FOR SC CITIZENS.

As filed on the 2024 return.

Listed in Part VII

  • Chris Stormer

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Cynthia Bennett

    Chief Operating Officer

    Total calculated
    $169,723
    From this org
    $163,195
    From related orgs
    $0
    Other
    $6,528
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $153,945
    Bonus
    $9,250
    Other
    $0
    Deferred
    $6,528
    Nontaxable benefits
    $0
    Filer's total
    $169,723

  • Howard Coker

    Chair Elect

    Total calculated
    $0
    Hours/week
    1

  • Keller Kissam

    2nd Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Mary McDonald

    Chief Revenue Officer

    Total calculated
    $48,872
    From this org
    $48,872
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Michael Brenan

    President and CEO To 10/31/25

    Total calculated
    $143,251
    From this org
    $143,251
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 1 related

  • Michael Shetterly

    General Counsel

    Total calculated
    $0
    Hours/week
    1

  • Thomas Rhodes

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • Will Frierson

    VP of Government Affairs

    Total calculated
    $157,399
    From this org
    $151,345
    From related orgs
    $0
    Other
    $6,054
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,095
    Bonus
    $9,250
    Other
    $0
    Deferred
    $6,054
    Nontaxable benefits
    $0
    Filer's total
    $157,399

  • Will Whitley

    Past Chairman

    Total calculated
    $0
    Hours/week
    1

  • AJ Nelson

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Alex Brame

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Alyssa Richardson

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Angela O'Neal

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Bernard Hawkins Jr

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Bob Paulling

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Bob Ruff

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Boyd Jones

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Carl Blackstone

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Carlos Phillips

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Catheryn McCraw

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Chris Barden

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Christopher Bailey

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Christopher Barras

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Clarence Sevillian

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Courtney Herring

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Dan Doyle

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Dave Solano

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • David Lominack

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Dean Faile

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Dee Dee Henderson

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Derick Close

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Doug Duncan

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Edward Rawl

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Francesca Mosteller

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Gary Bernardez

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Gregory Cefus

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Gregory Little

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Hal Stevenson

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Hope Rivers

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jake Scott

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • James Clements

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • James D'Alessio

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • James Harrell

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jason Freidenberger

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jennifer McQuesten

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jim Blankenhorn

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jimmy Staton

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • John Wright Jr

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jon Chilton

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Joseph Deleon

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • JP Rammo

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Karen Jenkins

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Kevin Sheilley

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Marilyn Fore

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Matt Cardone

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Michael Carrouth

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mitch Sowards

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Murphy Monk

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Nicole Scott

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Peter LaMotte

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Rhonda Midgette

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Richard Bhola

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Rita Berry

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Robert Wick

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Roger Schrum

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Rozier Blanchard

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Ryan Dukes

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Stephen Cutler

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Steve Jones

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Steve Nail

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Sym Singh

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Terrance Ford

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Thomas Anderson

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Thornton Kirby

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Tim Pearson

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Tim Timmons

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Tom Eller

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Tommy Lavender

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Trent Holland

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Trey Simon

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Vicki Peek

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Whit McGreevy

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • William McKinney

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Woody Swink

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Robert Morgan

    President and CEO To 6/24/24

    Total calculated
    $179,918
    From this org
    $179,918
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,918
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $179,918

  • Susan ONeal

    VP of Finance, Operations and Administration

    Total calculated
    $0
    Hours/week
    1 + 1 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

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 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.

  • SOUTH CAROLINA CHAMBER PAC

    527 · ORGANIZED TO PROMOTE GOOD CITIZENSHIP · SC · controlled entity

    Directly controlled by SC Chamber of Commerce

  • SC CHAMBER EDUCATION AND WORKFORCE DEV FOUNDATION

    501(c)(3) · ENGAGE IN ACTIVITIES TO ENHANCE PUBLIC EDUCATION, WORKFORCE DEVELOPMENT · SC

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
13 February 2026
IRS schema version
2024v5.1
Source object
202640449349301519

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