Form 990 for tax year 2022
Filed by LEE AND SUMTER COUNTY ALLIANCE.
Totals
- Total revenue
- $615,114
- Total expenses
- $736,317
- Contributions and grants received
- $613,360
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $1,754
- Other revenue
- $0
- Total assets, end of year
- $3,323,978
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $3,323,978
- Program services expenses (Part IX)
- $686,265
- Management and general expenses
- $50,002
- Fundraising expenses
- $50
- Program service expenses (Part III)
- $686,265
Program services were 93.2% 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.
-
1e · Government grants (contributions)
$326,880
-
1f · All other contributions, gifts and grants
$286,480
-
3 · Investment income
total $1,754 · excluded $1,754
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $50,002 · management and general $50,002
-
17 · Travel
total $5,926 · program services $5,926
-
24a · Other expenses: ECONOMIC DEVELOPMENT
total $669,757 · program services $669,757
-
24b · Other expenses: OTHER TYPES OF EXPENSES
total $5,705 · program services $5,705
-
24c · Other expenses: OPERATIONS
total $4,877 · program services $4,877
-
24d · Other expenses: DUES
total $50 · fundraising $50
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,140,305 · end of year $803,240
-
7 · Other notes and loans receivable
beginning of year $517,977 · end of year $1,517,977
-
10a · Land, buildings and equipment: cost or other basis
$189,344
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $189,344 · end of year $189,344
-
15 · Other assets
beginning of year $597,555 · end of year $813,417
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $3,445,181 · end of year $3,323,978
Mission and programs · 2022
Mission
TO POSITION AND MARKET THE ASSETS OF LEE AND SUMTER COUNTIES IN SOUTH CAROLINA TO COMPETE SUCCESSFULLY FOR GLOBAL BUSINESS INVESTMENT.
Activities or mission (Part I)
TO INCREASE THE NUMBER OF INDUSTRIAL PROSPECTS AND VOLUME OF ECONOMIC DEAL FLOW IN LEE COUNTY
-
MARKET LEE AND SUMTER COUNTIES TO TARGETED BUSINESS SECTORS AND GIVE SUPPORT TO THE ECONOMIC DEVELOPMENT ACTIVITIES OF BOTH PUBLIC AND PRIVATE SECTOR ORGANIZATIONS
Expenses $631,364
-
EDUCATE LOCAL, STATE, AND FEDERAL OFFICIALS OF CRITICAL ECONOMIC DEVELOPMENT ISSUES
Expenses $54,901
As filed on the 2022 return.
Listed in Part VII
-
Greg ThompsonGREG THOMPSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jess WilliamsJESS WILLIAMS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Herb McClaryHERB MCCLARY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bruce SnipesBRUCE SNIPES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Thompson IsaacTHOMPSON ISAAC
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gordon EckleyGORDON ECKLEY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Jay DavisJAY DAVIS
VICE-CHAIRMAN
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421319349304677
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