Form 990 for tax year 2022
Filed by SOUTH CAROLINA ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT.
Totals
- Total revenue
- $4,077,635
- Total expenses
- $3,751,549
- Contributions and grants received
- $3,836,683
- Grants paid
- $2,124,224
- Program service revenue
- $238,020
- Investment income
- $2,932
- Other revenue
- $0
- Total assets, end of year
- $1,521,554
- Total liabilities, end of year
- $641,824
- Net assets or fund balances, end of year
- $879,730
- Program services expenses (Part IX)
- $3,345,243
- Management and general expenses
- $344,123
- Fundraising expenses
- $62,183
- Program service expenses (Part III)
- $3,345,243
Program services were 89.2% 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.
-
1b · Membership dues
$47,275
-
1f · All other contributions, gifts and grants
$3,789,408
-
2a · Program service revenue: ANNUAL CONFERENCE
total $120,270 · related or exempt $120,270
-
2b · Program service revenue: CONTRACT INCOME
total $117,750 · related or exempt $117,750
-
3 · Investment income
total $2,932 · related or exempt $2,932
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,124,224 · program services $2,124,224
-
7 · Other salaries and wages
total $742,347 · program services $556,760 · management and general $148,470 · fundraising $37,117
-
9 · Other employee benefits
total $110,615 · program services $82,961 · management and general $22,123 · fundraising $5,531
-
10 · Payroll taxes
total $60,303 · program services $45,227 · management and general $12,061 · fundraising $3,015
-
11b · Fees: legal
total $104 · program services $78 · management and general $21 · fundraising $5
-
11c · Fees: accounting
total $39,782 · program services $29,837 · management and general $7,956 · fundraising $1,989
-
11d · Fees: lobbying
total $7,500 · program services $6,000 · management and general $1,500
-
11g · Fees: other
total $16,427 · program services $12,320 · management and general $3,285 · fundraising $822
-
12 · Advertising and promotion
total $13,508 · program services $10,131 · management and general $2,702 · fundraising $675
-
13 · Office expenses
total $36,616 · program services $27,462 · management and general $7,323 · fundraising $1,831
-
16 · Occupancy
total $54,008 · program services $40,506 · management and general $10,802 · fundraising $2,700
-
17 · Travel
total $92,734 · program services $74,300 · management and general $18,434
-
19 · Conferences, conventions and meetings
total $160,715 · program services $128,572 · management and general $32,143
-
22 · Depreciation, depletion and amortization
total $719 · management and general $719
-
23 · Insurance
total $7,240 · program services $5,430 · management and general $1,448 · fundraising $362
-
24a · Other expenses: OPPORTUNITY CENTER
total $85,716 · program services $64,287 · management and general $17,143 · fundraising $4,286
-
24b · Other expenses: CONTRACTED SERVICES
total $74,391 · program services $59,513 · management and general $14,878
-
24c · Other expenses: COMPUTER EXPENSE
total $43,174 · program services $32,380 · management and general $8,635 · fundraising $2,159
-
24d · Other expenses: BAD DEBT EXPENSE
total $27,075 · management and general $27,075
-
24e · All other expenses
total $54,351 · program services $45,255 · management and general $7,405 · fundraising $1,691
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $971,759 · end of year $974,672
-
4 · Accounts receivable
beginning of year $176,193 · end of year $276,975
-
9 · Prepaid expenses and deferred charges
beginning of year $12,391 · end of year $13,766
-
10a · Land, buildings and equipment: cost or other basis
$31,368
-
10b · Land, buildings and equipment: accumulated depreciation
$719
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $30,649
-
15 · Other assets
beginning of year $2,400 · end of year $225,492
-
17 · Accounts payable and accrued expenses
beginning of year $44,699 · end of year $141,631
-
19 · Deferred revenue
beginning of year $483,795 · end of year $274,701
-
25 · Other liabilities
beginning of year $80,606 · end of year $225,492
-
27 · Net assets without donor restrictions
beginning of year $553,643 · end of year $879,730
Mission and programs · 2022
Mission
THROUGH OUR NETWORK OF MEMBERS AND PARTNER ORGANIZATIONS, SOUTH CAROLINA ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT(SCACED) STRIVES TO IMPROVE THE QUALITY OF LIFE FOR LOW WEALTH FAMILIES AND COMMUNITIES BY ADVANCING THE COMMUNITY ECONOMIC DEVELOPMENT INDUSTRY IN SOUTH CAROLINA.
Activities or mission (Part I)
THROUGH OUR NETWORK OF MEMBERS AND PARTNER ORGANIZATIONS, SCACED STRIVES TO IMPROVE THE QUALITY OF LIFE FOR LOW-WEALTH FAMILIES AND COMMUNITIES BY ADVANCING COMMUNITY ECONOMIC DEVELOPMENT AND PUBLIC POLICY IN SOUTH CAROLINA.
-
DEVELOPING ORGANIZATIONS: WE BUILD THE CAPACITY OF NONPROFITS, LOCALBRANCHES OF GOVERNMENT, AND OTHER ORGANIZATIONS THROUGH TECHNICAL ASSISTANCE, TRAINING, ACCESS TO CAPITAL, AND RELATIONSHIP CONNECTIONS. PROGRAMS: COMMUNITY DEVELOPMENT INSTITUTE (150 ATTENDED 5 TRAININGS), MORE THAN 300 ATTENDED OPPORTUNITY SC 2022 IN GREENVILLE, SC AND 68 COMMUNITY MEMBERS WERE TRAINED AS BROADBAND COMMUNITY CHAMPIONS RESULTING IN $11,000,000 IN BROADBAND PROJECTS APPROVED IN 9 RURAL COUNTIES.
Expenses $390,726 · Revenue $240,952
-
GROWING NETWORKS AND ELEVATING INNOVATION: WE BRING PEOPLE TOGETHER TOBUILD POWER AND SHARE INFORMATION AND RESOURCES. PROGRAMS: ADVOCACY FOR THE CED FUND AND THE CD TAX CREDIT PROGRAMS ($2 MILLION IN COMMUNITY DEVELOPMENT TAX CREDITS LEVERAGED $4.9 MILLION IN PRIVATE CAPITAL TO UNDERSERVED COMMUNITIES AND $975,000 GRANTED OUT FOR ECONOMIC DEVELOPMENT PROJECTS THROUGH THE STATE APPROPRIATED CED FUND), RURAL RESOURCE COALITION (100 PEOPLE ATTENDED ANNUAL MEETING), SC COMMUNITY CAPITAL ALLIANCE (150 PEOPLE ATTENDED THE ALLIANCE CONFERENCE AND LANDOWNER WORKSHOPS (6 TRAININGS HELD RESULTING IN 6 ENVIRONMENTAL QUALITY INCENTIVES PROGRAM (EQIP) APPLICATIONS, 79 FARMERS AND LANDOWNERS ATTENDED, 24 FARMERS OBTAIN A FARM TRACT NUMBER AND 10,390 ACRES WERE REPRESENTED).
Expenses $1,296,649 · Grants $905,923
-
ATTRACTING AND DEPLOYING RESOURCES: WE BRING NEW AND ADDITIONALRESOURCES, OFTEN FINANCIAL, TO THE STATE AND TO THE COMMUNITY ECONOMIC DEVELOPMENT FIELD. PROGRAMS: $75,000 IN COMMUNITY IMPACT FUND GRANTS WERE DEPLOYED, $1,000,000 MILLION IN EMERGENCY RENTAL ASSISTANCE WAS DISTRIBUTED, $180,000 IN COMMUNITY GARDEN AND HOOP HOUSE GRANTS WERE FUNDED AND $20,000,000 MILLION IN LOANS TO MINORITY WOMEN AND VETERAN OWNED BUSINESSES WERE APPROVED THROUGH THE SBA COMMUNITY NAVIGATOR PROGRAM.
Expenses $1,657,868 · Grants $1,218,301
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bernett MazyckBERNETT MAZYCK
PRESIDENT & CEO
- Total calculated
- $145,000
- From this org
- $145,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Don OglesbyDON OGLESBY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Kristi King-BrockKRISTI KING-BROCK
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Wilbur CaveWILBUR CAVE
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Kim M GrahamKIM M GRAHAM
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Ginny StroudGINNY STROUD
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Scotty DavisSCOTTY DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wallace Evans JrWALLACE EVANS JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Geona Shaw JohnsonGEONA SHAW JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Merylin JacksonMERYLIN JACKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sedrick L McCallumSEDRICK L MCCALLUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dominik MjartanDOMINIK MJARTAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike Young MaMIKE YOUNG MA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lila Anna SaulsLILA ANNA SAULS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John F Verreault IIIJOHN F VERREAULT III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Graham Adams PhDGRAHAM ADAMS PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
-
$143,174
PROVIDED HOUSING COUNSELING SERVICES TO PEOPLE EXPERIENCING HOMELESSNESS AND HOUSING ISSUES AS A RESULT OF THE COVID 19 PANDEMIC
-
PROVIDED HOUSING COUNSELING SERVICES TO PEOPLE EXPERIENCING HOMELESSNESS AND HOUSING ISSUES AS A RESULT OF THE COVID 19 PANDEMIC
-
SOUTH CAROLINA HISPANIC CHAMBER OF COMMERCE
$125,000
ALLOWING THEM TO PROVIDE TRAINING, TECHNICAL ASSISTANCE AND FINANCING TO MINORITY, VETERAN AND WOMEN OWNED BUSINESSES THROUGHOUT SC
-
DESA INC
$125,000
ALLOWING THEM TO PROVIDE TRAINING, TECHNICAL ASSISTANCE AND FINANCING TO MINORITY, VETERAN AND WOMEN OWNED BUSINESSES THROUGHOUT SC
-
$125,000
ALLOWING THEM TO PROVIDE TRAINING, TECHNICAL ASSISTANCE AND FINANCING TO MINORITY, VETERAN AND WOMEN OWNED BUSINESSES THROUGHOUT SC
-
$125,000
ALLOWING THEM TO PROVIDE TRAINING, TECHNICAL ASSISTANCE AND FINANCING TO MINORITY, VETERAN AND WOMEN OWNED BUSINESSES THROUGHOUT SC
-
ALLOWING THEM TO PROVIDE TRAINING, TECHNICAL ASSISTANCE AND FINANCING TO MINORITY, VETERAN AND WOMEN OWNED BUSINESSES THROUGHOUT SC
-
OPTUS BANK
$125,000
ALLOWING THEM TO PROVIDE TRAINING, TECHNICAL ASSISTANCE AND FINANCING TO MINORITY, VETERAN AND WOMEN OWNED BUSINESSES THROUGHOUT SC
-
$114,423
ALLOWING THEM TO PROVIDE TRAINING, TECHNICAL ASSISTANCE AND FINANCING TO MINORITY, VETERAN AND WOMEN OWNED BUSINESSES THROUGHOUT SC
-
$83,358
PROVIDED HOUSING COUNSELING SERVICES TO PEOPLE EXPERIENCING HOMELESSNESS AND HOUSING ISSUES AS A RESULT OF THE COVID 19 PANDEMIC
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 18 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323109349302587
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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