Form 990 for tax year 2025
Filed by SOUTH CAROLINA ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT.
Totals
- Total revenue
- $2,395,989
- Total expenses
- $2,215,743
- Contributions and grants received
- $1,625,516
- Grants paid
- $251,583
- Program service revenue
- $713,735
- Investment income
- $27,441
- Other revenue
- $29,297
- Total assets, end of year
- $2,153,175
- Total liabilities, end of year
- $739,517
- Net assets or fund balances, end of year
- $1,413,658
- Program services expenses (Part IX)
- $1,927,855
- Management and general expenses
- $232,842
- Fundraising expenses
- $55,046
- Program service expenses (Part III)
- $1,927,855
Program services were 87.0% 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
$54,600
-
1e · Government grants (contributions)
$314,323
-
1f · All other contributions, gifts and grants
$1,256,593
-
2a · Program service revenue: Contract Income
total $499,280 · related or exempt $499,280
-
2b · Program service revenue: Annual Conference
total $214,455 · related or exempt $214,455
-
3 · Investment income
total $27,441 · excluded $27,441
-
6a · Gross rents
real property $14,075
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $14,075
-
6d · Net rental income or loss
total $14,075 · excluded $14,075
-
11a · Other revenue: Other Income
total $15,222 · excluded $15,222
-
11e · Other revenue, total
$15,222
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $251,583 · program services $251,583
-
5 · Compensation of officers, directors and key employees
total $323,602 · program services $266,933 · management and general $16,073 · fundraising $40,596
-
7 · Other salaries and wages
total $455,564 · program services $386,541 · management and general $68,994 · fundraising $29
-
8 · Pension plan contributions
total $20,513 · program services $17,202 · management and general $2,241 · fundraising $1,070
-
9 · Other employee benefits
total $63,664 · program services $53,387 · management and general $6,956 · fundraising $3,321
-
10 · Payroll taxes
total $57,162 · program services $47,546 · management and general $6,508 · fundraising $3,108
-
11c · Fees: accounting
total $59,358 · management and general $59,358
-
11g · Fees: other
total $257,371 · program services $253,079 · management and general $4,292
-
12 · Advertising and promotion
total $19,283 · program services $17,961 · management and general $1,322
-
13 · Office expenses
total $52,115 · program services $40,670 · management and general $11,253 · fundraising $192
-
14 · Information technology
total $24,967 · program services $24,273 · management and general $693 · fundraising $1
-
16 · Occupancy
total $72,924 · program services $66,276 · management and general $6,648
-
17 · Travel
total $80,054 · program services $53,482 · management and general $20,023 · fundraising $6,549
-
19 · Conferences, conventions and meetings
total $399,842 · program services $398,777 · management and general $1,065
-
20 · Interest
total $5,600 · program services $5,600
-
22 · Depreciation, depletion and amortization
total $3,137 · program services $2,812 · management and general $270 · fundraising $55
-
23 · Insurance
total $12,741 · program services $5,857 · management and general $6,884
-
24a · Other expenses: Subscriptions and membe
total $49,332 · program services $34,276 · management and general $15,056
-
24b · Other expenses: Miscellaneous
total $6,931 · program services $1,600 · management and general $5,206 · fundraising $125
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $347,203 · end of year $521,506
-
2 · Savings and temporary cash investments
beginning of year $721,421 · end of year $581,125
-
4 · Accounts receivable
beginning of year $293,274 · end of year $414,081
-
7 · Other notes and loans receivable
beginning of year $560,000 · end of year $560,000
-
9 · Prepaid expenses and deferred charges
beginning of year $10,597 · end of year $6,053
-
10a · Land, buildings and equipment: cost or other basis
$31,368
-
10b · Land, buildings and equipment: accumulated depreciation
$8,373
-
10c · Land, buildings and equipment, net
beginning of year $26,132 · end of year $22,995
-
15 · Other assets
beginning of year $104,312 · end of year $47,415
-
17 · Accounts payable and accrued expenses
beginning of year $157,382 · end of year $142,869
-
24 · Unsecured notes and loans payable
beginning of year $560,000 · end of year $560,000
-
25 · Other liabilities
beginning of year $99,145 · end of year $36,648
-
27 · Net assets without donor restrictions
beginning of year $797,293 · end of year $975,908
-
28 · Net assets with donor restrictions
beginning of year $449,119 · end of year $437,750
Mission and programs · 2025
Mission
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.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $998,739 · Grants $251,583 · Revenue $713,735
-
Growing Networks and Elevating Innovation: We bring people together to build power and share information and resources. Programs: The Business Success Center held 12 Lunch and Learns training more than 225 business owners and 3 Business Resource Mixers attracting more than 250 people. Landowner Resource workshops (3 trainings held resulting in 10 environmental quality incentives program (EQIP) applications, 50 farmers and landowners attended, and 10 farmers obtain a farm tract number) and SC Electric Cooperative Empowerment Program (4 trainings were held and 129 electric cooperative members attended trainings and 1 member successfully ran for an electric cooperative board).(Continued on Schedule O)Landowner Resources WorkshopThe Landowner Workshop Program focuses on providing critical support for historically underserved producers to increase local market opportunities and long-term capacity. Program participants learned different uses and value of their land, how to increase profitability, and conservation planning.Impact: 3 Workshops Hosted50 Farmers and Landowners attended the Workshops10 Farmers obtained a Farm and Tract number required to access USDA financial resources10 farmers received technical assistance in accessing USDA EQIP resourcesSouth Carolina Electric Cooperative Empowerment ProgramThe South Carolina Electric Cooperative Empowerment Program (SCECEP) is a series of community engagement events that educate community leaders on how they can serve on the Board of Trustees of their local electric cooperative.The goals of the SCECEP are to teach attendees:How electric cooperatives serve and operate in their communitiesThe role of the Board of Trustees on electric cooperativesHow attendees can run for election on their local electric cooperative's Board of TrusteesTo impact policy decisionsImpact:4 Electric Cooperative Member Trainings Held 129 Electric Cooperative Members Attended Trainings1 Electric Cooperative Member Successfully ran for a Cooperative Board Seat
Expenses $605,739
-
Attracting and Deploying Resources: We bring new and additional resources, often financial, to the state and to the community economic development field. Programs: $60,000 in community impact fund grants were deployed, $160,000 in community garden and hoop house grants were funded along with $30,000 in mini-grants to support voter registration efforts.Community Impact Fund Grant ProgramThe Community Impact Fund (CIF) is made possible by generous funding from the Mary Reynolds Babcock Foundation. (Continued on Schedule O)Its purpose is to make grants available to SCACED member organizations for capacity building initiatives, development of affordable housing and/or other economic development projects.Impact:$60,000 in grants awarded to 8 SCACED Members Voter Engagement Mini-Grant ProgramIn a democratic society, every vote counts, and election years brings higher visibility to issues and opportunities for policy change. Nonprofits play a crucial role in ensuring that all voices in the community are heard and represented. South Carolina Association for Community Economic Development (SCACED) will be announcing its' voter engagement mini grants process to support nonprofits voter engagement efforts.Impact:$30,000 in grants awarded to 54 organizationsCommunity Garden & Hoop House Grant ProgramSCACED partnered with USDA Natural Resource Conservation Service (NRCS) in their South Carolina Food Connection Community Gardens Project to support the creation and growth of community gardens and hoop houses in food insecure areas and among high-risk and underserved populations, including racial and ethnic minorities and rural residents.Impact: 14 Community Garden grant awards in the amount of $70,00010 Hoop House grant awards in the amount of $90,000Minority, Women and Veteran Owned Business Support: The Business Success Center at the Opportunity CenterThe Opportunity Center, a partnership of four South Carolina nonprofit organizations, is a unique collaboration focused on impacting low-wealth communities of the Tri- County. This innovative space provides workforce development, small business incubators, and coworking spaces benefiting entrepreneurs and start-ups, while maintaining offices of local non-profits actively working in the community and economic development sector. Key among the programs provided, a unique and critical component of The Opportunity Center is the business incubator program known as the Business Success Center. Defined as an entrepreneurial ecosystem builder, this program focuses on helping small business owners and entrepreneurs establish, grow, and sustain their operations especially for communities of color. Impact: 12 Lunch and Learns training more than 225 business owners 3 Business Resource Mixers attracting more than 250 people
Expenses $323,377
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Ginny Stroud
Chairperson
- Total calculated
- $0
- Hours/week
- 1
-
Kristi King-Brock
Past Chairperson
- Total calculated
- $0
- Hours/week
- 1
-
Kim M Graham
Vice Chairperson
- Total calculated
- $0
- Hours/week
- 1
-
Lila Anna Sauls
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
John F Verreault III
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Tanya Rodriguez-Hodges
Director
- Total calculated
- $0
- Hours/week
- 1
-
Geona Shaw Johnson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Merylin Jackson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sedrick L McCallum
Director
- Total calculated
- $0
- Hours/week
- 1
-
Nathaniel Barber
Director
- Total calculated
- $0
- Hours/week
- 1
-
Donna Waites
Director
- Total calculated
- $0
- Hours/week
- 1
-
Graham Adams PhD
Director
- Total calculated
- $0
- Hours/week
- 1
-
Wilbur Cave
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gwen Chambers
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bernett Mazyck
President & CEO
- Total calculated
- $168,018
- From this org
- $162,371
- From related orgs
- $0
- Other
- $5,647
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,371
- Bonus
- $0
- Other
- $0
- Deferred
- $4,860
- Nontaxable benefits
- $787
- Filer's total
- $168,018
-
Kate Pratt
COO
- Total calculated
- $147,371
- From this org
- $142,204
- From related orgs
- $0
- Other
- $5,167
- Hours/week
- 40
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 · Form 990 of other organizations
- 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
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
-
$20,000
The Opportunity Center
-
Community Impact Fund and Resiliency
-
Fiscal Agent Pass Through
-
$10,000
Resiliency
-
Anderson Interfaith Ministries
$10,000
Resiliency
-
Resiliency
-
$10,000
Resiliency
-
$10,000
Resiliency
-
$10,000
Resiliency
-
Resiliency
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 24 September 2026
- IRS schema version
- 2025v4.2
- Source object
- 202642679349300349
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