Form 990 for tax year 2023
Filed by SOUTH CAROLINA MANUFACTURERS AND COMMERCE.
Totals
- Total revenue
- $2,832,185
- Total expenses
- $2,918,150
- Contributions and grants received
- $1,981,643
- Grants paid
- $0
- Program service revenue
- $790,280
- Investment income
- $30,493
- Other revenue
- $29,769
- Total assets, end of year
- $3,540,876
- Total liabilities, end of year
- $2,550,573
- Net assets or fund balances, end of year
- $990,303
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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
$1,974,143
-
1f · All other contributions, gifts and grants
$7,500
-
2a · Program service revenue: EVENTS
total $726,138 · related or exempt $726,138
-
2b · Program service revenue: UNDERWRITING
total $46,000 · related or exempt $46,000
-
2c · Program service revenue: WEBSITE REVENUE
total $17,895 · excluded $17,895
-
2d · Program service revenue: BUSINESS JOURNAL ROYAL
total $247 · excluded $247
-
3 · Investment income
total $50,304 · excluded $50,304
-
6a · Gross rents
real property $26,400
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $26,400
-
6d · Net rental income or loss
total $26,400 · excluded $26,400
-
7a · Gross sales of assets other than inventory
securities $971,867
-
7b · Less cost or other basis and sales expenses
securities $991,678
-
7c · Gain or loss
securities -$19,811
-
7d · Net gain or loss
total -$19,811 · excluded -$19,811
-
11a · Other revenue: MISCELLANEOUS INCOME
total $3,369 · excluded $3,369
-
11e · Other revenue, total
$3,369
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $328,397
-
7 · Other salaries and wages
total $1,041,537
-
8 · Pension plan contributions
total $50,818
-
9 · Other employee benefits
total $158,471
-
10 · Payroll taxes
total $120,716
-
11c · Fees: accounting
total $24,480
-
11d · Fees: lobbying
total $69,030
-
11f · Fees: investment management
total $6,976
-
11g · Fees: other
total $125,625
-
12 · Advertising and promotion
total $22,524
-
13 · Office expenses
total $67,740
-
14 · Information technology
total $68,628
-
16 · Occupancy
total $264,383
-
17 · Travel
total $47,662
-
19 · Conferences, conventions and meetings
total $380,817
-
22 · Depreciation, depletion and amortization
total $65,894
-
23 · Insurance
total $10,461
-
24a · Other expenses: MISCELLANEOUS EXPENSE
total $13,326
-
24b · Other expenses: DUES
total $29,288
-
24c · Other expenses: BAD DEBT EXPENSE
total $13,200
-
24d · Other expenses: SUBSCRIPTIONS
total $6,477
-
24e · All other expenses
total $1,700
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,057,912 · end of year $1,101,377
-
4 · Accounts receivable
beginning of year $8,200 · end of year $12,500
-
9 · Prepaid expenses and deferred charges
beginning of year $55,463 · end of year $27,356
-
10a · Land, buildings and equipment: cost or other basis
$1,471,942
-
10b · Land, buildings and equipment: accumulated depreciation
$1,356,931
-
10c · Land, buildings and equipment, net
beginning of year $173,952 · end of year $115,011
-
12 · Investments: other securities
beginning of year $1,016,275 · end of year $1,212,218
-
15 · Other assets
beginning of year $1,272,807 · end of year $1,072,414
-
17 · Accounts payable and accrued expenses
beginning of year $98,984 · end of year $116,246
-
19 · Deferred revenue
beginning of year $902,155 · end of year $960,860
-
25 · Other liabilities
beginning of year $1,692,366 · end of year $1,473,467
-
27 · Net assets without donor restrictions
beginning of year $891,104 · end of year $990,303
Mission and programs · 2023
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 2023 return.
Listed in Part VII
-
Robert G MorganROBERT G MORGAN
IMMEDIATE PAST PRESIDENT AND CEO
- Total calculated
- $264,595
- From this org
- $264,595
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $249,595
- Bonus
- $15,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $264,595
-
Michael ManningMICHAEL MANNING
CHIEF FINANCIAL OFFICER
- Total calculated
- $156,676
- From this org
- $156,676
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,296
- Bonus
- $16,380
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $156,676
-
Cynthia BennettCYNTHIA BENNETT
CHIEF DIVERSITY OFFICER
- Total calculated
- $137,870
- From this org
- $137,870
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
William FriersonWILLIAM FRIERSON
VP OF GOVERNMENT AFFAIRS
- Total calculated
- $118,920
- From this org
- $118,920
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Michael BrenanMICHAEL BRENAN
PRESIDENT AND CEO
- Total calculated
- $0
- Hours/week
- 40
-
Thomas RhodesTHOMAS RHODES
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Howard CokerHOWARD COKER
CHAIRPERSON ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Keller KissamKELLER KISSAM
SECOND VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Chris StormerCHRIS STORMER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Mike ShetterlyMIKE SHETTERLY
GENERAL COUNSEL
- Total calculated
- $0
- Hours/week
- 1
-
Trey SimonTREY SIMON
CHAIRPERSON OF EDUCATION &
- Total calculated
- $0
- Hours/week
- 1
-
Robert WickROBERT WICK
CHAIRPERSON OF GENERAL COU
- Total calculated
- $0
- Hours/week
- 1
-
Dee Dee HendersonDEE DEE HENDERSON
CHAIRPERSON OF HEALTHCARE
- Total calculated
- $0
- Hours/week
- 1
-
Hal StevensonHAL STEVENSON
CHAIRPERSON OF MEMBERSHIP
- Total calculated
- $0
- Hours/week
- 1
-
Edward RawlEDWARD RAWL
CHAIRPERSON OF HUMAN RESOURCES COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Boyd JonesBOYD JONES
CHAIRPERSON OF LEGISLATIVE
- Total calculated
- $0
- Hours/week
- 1
-
Jake ScottJAKE SCOTT
CHAIRPERSON OF MANUFACTURES' STEERING COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tommy LavenderTOMMY LAVENDER
CHAIRPERSON OF ENVIRONMENT AFFAIRS COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Chris BarrasCHRIS BARRAS
CHAIRPERSON OF TAX COMMITT
- Total calculated
- $0
- Hours/week
- 1
-
Karen JenkinsKAREN JENKINS
CHAIRPERSON OF SMALL BUSIN
- Total calculated
- $0
- Hours/week
- 1
-
Rhonda MidgetteRHONDA MIDGETTE
CHAIRPERSON OF DIVERSITY C
- Total calculated
- $0
- Hours/week
- 1
-
Terrance FordTERRANCE FORD
CHAIRPERSON OF INFORMATION
- Total calculated
- $0
- Hours/week
- 1
-
Roger SchrumROGER SCHRUM
PAC CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Matt CaldwellMATT CALDWELL
CHAIRPERSON NOMINEE
- Total calculated
- $0
- Hours/week
- 1
-
Derick CloseDERICK CLOSE
CHAIRPERSON NOMINEE
- Total calculated
- $0
- Hours/week
- 1
-
Woody SwinkWOODY SWINK
CHAIRPERSON NOMINEE
- Total calculated
- $0
- Hours/week
- 1
-
Murphy MonkMURPHY MONK
BOARD MEMBER & CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
James D'AlessioJAMES D'ALESSIO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dean FaileDEAN FAILE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Francesca MonstellerFRANCESCA MONSTELLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Greg LittleGREG LITTLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Herb DewHERB DEW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Hope RiversHOPE RIVERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Doug DuncanDOUG DUNCAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tracey CookTRACEY COOK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David LominackDAVID LOMINACK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dave SolanoDAVE SOLANO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Courtney HerringCOURTNEY HERRING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Clarence SevillianCLARENCE SEVILLIAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Christopher BaileyCHRISTOPHER BAILEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chris GullottCHRIS GULLOTT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Carlos PhillipsCARLOS PHILLIPS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Carl BlackstoneCARL BLACKSTONE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bob RuffBOB RUFF
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bob PaullingBOB PAULLING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bernie HawkinsBERNIE HAWKINS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Angela O'NealANGELA O'NEAL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alyssa RichardsonALYSSA RICHARDSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alex BrameALEX BRAME
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
James Jim ClementsJAMES JIM CLEMENTS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jimmy StatonJIMMY STATON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
James HarrellJAMES HARRELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Peter LamottePETER LAMOTTE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tom EllerTOM ELLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tim TimmonsTIM TIMMONS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tim PearsonTIM PEARSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Thomas AndersonTHOMAS ANDERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Trent HollandTRENT HOLLAND
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sym SinghSYM SINGH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steve NailSTEVE NAIL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steve JonesSTEVE JONES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie YarbroughSTEPHANIE YARBROUGH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ryan DukesRYAN DUKES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rozier BlanchardROZIER BLANCHARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rita BerryRITA BERRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Richard BholaRICHARD BHOLA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Vicki PeekVICKI PEEK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nicole ScottNICOLE SCOTT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jason FreidenbergerJASON FREIDENBERGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mitchell SowardsMITCHELL SOWARDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mike CarrouthMIKE CARROUTH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael AmiridisMICHAEL AMIRIDIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Matthew BlackwellMATTHEW BLACKWELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Matt CardoneMATT CARDONE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Whit McGreevyWHIT MCGREEVY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marilyn ForeMARILYN FORE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
William McKinneyWILLIAM MCKINNEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jp TysonJP TYSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jon ChiltonJON CHILTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John Wright JrJOHN WRIGHT JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jim BlankenhornJIM BLANKENHORN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer McQuestenJENNIFER MCQUESTEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Aj NelsonAJ NELSON
BOARD MEMBER
- 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. 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 · 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.
-
501(C)(6) · TO EDUCATE THE GENERAL PUBLIC ON ISSUES AFFECTING THE STATE OF SC · SC
-
SOUTH CAROLINA CHAMBER FOUNDATION
501(C)(3) · ENHANCING THE QUALITY OF LIFE FOR ALL SC · SC · controlled entity
Directly controlled by SOUTH CAROLINA CHAMBER
-
SOUTH CAROLINA CHAMBER PAC
527 · ORGANIZED TO PROMOTE GOOD CITIZENSHIP · SC · controlled entity
Directly controlled by SOUTH CAROLINA CHAMBER
-
SC CHAMBER EDUCATION AND WORKFORCE DEV FOUNDATION
501(C)(3) · ENGAGE IN ACTIVITIES TO ENHANCE PUBLIC EDUCATION, WORKFORCE DEVELOPMENT. · SC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540449349301229
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