Skip to content
Nonprofiteer
← SOUTH CAROLINA ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT

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

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

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.