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Nonprofiteer
← PARTNERSHIP GRAND STRAND

Form 990 for tax year 2023

Filed by PARTNERSHIP GRAND STRAND.

Totals

Total revenue
$551,807
Total expenses
$1,029,063
Contributions and grants received
$535,796
Grants paid
$0
Program service revenue
$0
Investment income
$14,801
Other revenue
$1,210
Total assets, end of year
$1,933,257
Total liabilities, end of year
$5,567
Net assets or fund balances, end of year
$1,927,690
Program services expenses (Part IX)
$274,821
Management and general expenses
$751,676
Fundraising expenses
$2,566
Program service expenses (Part III)
$274,821

Program services were 26.7% 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.

  • 1f · All other contributions, gifts and grants

    $535,796

  • 1g · Noncash contributions included above

    $341,492

  • 3 · Investment income

    total $14,801 · excluded $14,801

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $1,210 · related or exempt $1,210

  • 11e · Other revenue, total

    $1,210

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $375,591 · management and general $375,591

  • 23 · Insurance

    total $2,588 · management and general $2,588

  • 24a · Other expenses: PROFESSIONAL SERVICES

    total $345,530 · management and general $345,530

  • 24b · Other expenses: DIRECT PROGRAM EXPENSES

    total $274,821 · program services $274,821

  • 24c · Other expenses: OTHER OPERATING

    total $14,028 · management and general $14,028

  • 24d · Other expenses: TRAVEL AND ENTERTAINMEN

    total $13,939 · management and general $13,939

  • 24e · All other expenses

    total $2,566 · fundraising $2,566

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $515,532 · end of year $498,134

  • 3 · Pledges and grants receivable

    beginning of year $1,895,081 · end of year $1,426,435

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,795

  • 14 · Intangible assets

    end of year $8,124

  • 15 · Other assets

    beginning of year $0 · end of year $564

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,462 · end of year $5,567

  • 27 · Net assets without donor restrictions

    beginning of year $2,404,946 · end of year $1,927,690

Mission and programs · 2023

Mission

PARTNERSHIP GRAND STRAND AIMS TO FOCUS UPON SCALING UP TRANSPORTATION INFRASTRUCTURE, SUPPORTING THE REVITALIZATION OF MYRTLE BEACH'S DOWNTOWN AND OCEANFRONT AREAS, ATTRACTING, DEVELOPING, AND RETAINING LOCAL EMPLOYEES, GROWING SMALL BUSINESS OPPORTUNITIES, AND DIVERSIFYING THE REGION'S ECONOMY.

Activities or mission (Part I)

TO REDUCE THE BURDENS OF THE CITIES, TOWNS, AND HORRY COUNTY GOVERNMENTS ON THE GRAND STRAND.

  • PARTNERSHIP GRAND STRAND AIMS TO FOCUS UPON SCALING UP TRANSPORTATION INFRASTRUCTURE, SUPPORTING THE REVITALIZATION OF MYRTLE BEACH'S DOWNTOWN AND OCEANFRONT AREAS, ATTRACTING, DEVELOPING, AND RETAINING LOCAL EMPLOYEES, GROWING SMALL BUSINESS OPPORTUNITIES, AND DIVERSIFYING THE REGION'S ECONOMY.

    Expenses $274,821

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Clay Brittain

    CHAIR

    Total calculated
    $0
    Hours/week
    0

  • Michael Benson

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0

  • Brian Argo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Stewart Miller

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Mike Chapman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Laura Crowther

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Steve Mays

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Buz Plyer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Carlton Lewis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Steve Chapman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Randy Devaux

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Tracy Conner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Angie Goeppinger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Bruce Bailey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Rick Vines

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Randy McKeel

    CHIEF FINANCIAL OFFICER

    Total calculated
    $0
    Hours/week
    0

  • Peggy Masterson

    DIRECTOR

    Total calculated
    $94,982
    From this org
    $94,982
    From related orgs
    $0
    Other
    $0
    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.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202413199349307201

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