Form 990 for tax year 2022
Filed by UNIVERSITY OF SOUTH CAROLINA UPSTATE CAPITAL DEVELOPMENT.
Totals
- Total revenue
- $311
- Total expenses
- $1,260
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $311
- Other revenue
- $0
- Total assets, end of year
- $39,369
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $39,369
- Program services expenses (Part IX)
- $1,250
- Management and general expenses
- $10
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,250
Program services were 99.2% 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.
-
3 · Investment income
total $311 · excluded $311
Functional expenses
Part IX, the statement of functional expenses.
-
11g · Fees: other
total $1,250 · program services $1,250
-
13 · Office expenses
total $10 · management and general $10
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $40,318 · end of year $39,369
-
27 · Net assets without donor restrictions
beginning of year $40,318 · end of year $39,369
Mission and programs · 2022
Mission
THE PURPOSE OF THE CORPORATION IS TO OWN, MANAGE, LEASE, SELL, CONVEY, AND OR TRANSFER REAL ESTATE AND OTHER CAPITAL DEVELOPMENTS TO BE USED FOR THE BENEFIT OF THE UNIVERSITY OF SOUTH CAROLINA UPSTATE AND UNIVERSITY OF SOUTH CAROLINA UPSTATE FOUNDATION AND TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH THE CORPORATION IS ORGANIZED PURSUANT TO THE ACT.
-
THE FOUNDATION RECEIVES TRANSFER OF AND ADMINISTERS REAL PROPERTY ON BEHALF OF THE UNIVERSITY OF SOUTH CAROLINA UPSTATE FOR THE PURPOSE OF MEETING ITS EDUCATIONAL MISSION.
Expenses $1,250
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John MontgomeryJOHN MONTGOMERY
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jason LynchJASON LYNCH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Andrew BabbANDREW BABB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tim CampTIM CAMP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ralph SettleRALPH SETTLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
George MoseleyGEORGE MOSELEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Allen JohnstonALLEN JOHNSTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rj GimblRJ GIMBL
EXECUTIVE DIRECTOR
- Total calculated
- $133,689
- From this org
- $0
- From related orgs
- $101,662
- Other
- $32,027
- Hours/week
- 1 + 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.
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.
-
UNIVERSITY OF SOUTH CAROLINA UPSTATE
501(C)(3) · HIGHER EDUCATION · SC
-
USC UPSTATE CAPITAL DEVELOPMENT FOUNDATION INC
501(C)(3) · SUPPORTING ORGANIZATION · SC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400729349300515
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