2024-02-14T17:47:03-06:00 2022-12-31 570776381 WEBSTERROGERS LLP 1411 SECOND LOOP ROAD FLORENCE SC 29505 990 2022-01-01 475435410 GREATER LAKE CITY ALLIANCE GREA 8433740138 133-B EAST MAIN STREET LAKE CITY SC 295602626 ROBERT M TILTON CHAIR 8433740138 2024-02-13 1 ROBERT TILTON 999009999 1 SHARON C NORRIS CPA P00106174 8436655900 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROBERT M TILTON 133-B EAST MAIN STREET LAKE CITY SC 295602626 19481796 0 X N/A X 2015 SC TO PROVIDE FINANCIAL SUPPORT TO GOVERNMENTAL ENTITIES, SECTION 501(C)(3) ORGANIZATIONS, AND OTHER ENTITIES, AS WELL AS TO ENGAGE DIRECTLY IN COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES, THAT FURTHER THESE PURPOSES. 5 5 12 4 3369723 0 17394235 14769900 2816222 3424814 49695 -170670 -291322 255901 19968830 18279945 11894 0 0 0 812094 798871 0 0 51 3636338 4990266 4460326 5789137 15508504 12490808 96049976 81553645 23601005 65675 72448971 81487970 TO PROVIDE FINANCIAL SUPPORT TO GOVERNMENTAL ENTITIES, SECTION501(C)(3) ORGANIZATIONS, AND OTHER ENTITIES, AS WELL AS TO ENGAGEDIRECTLY IN COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES, THATFURTHER THESE PURPOSES. 0 0 1031072 588664 PROVIDING FINANCIAL ASSISTANCE TO THE CITY FOR VARIOUS PROJECTS TOENHANCE THE CITY OF LAKE CITY. PROJECTS INCLUDE THE ROUND-ABOUTPROJECT, CONSULTING SERVICES PERTAINING TO WATER AND SEWER OF LAKECITY, AND RE-ZONING OF LAKE CITY. 3010930 3369723 IN 2018 THE ORGANIZATION TOOK OVER THE OPERATIONS OF THE INN WHICH IS THE CORNERSTONE OF DOWNTOWN DEVELOPMENT IN LAKE CITY.THE RV PARK WAS COMPLETED IN 2019, THE RV PARK WAS STARTED TO ALLOWVISITORS TO STAY AND VISIT LAKE CITY. THESE ENDEAVOURS ARE TO CONTINUETHE MISSION OF GREATER LAKE CITY ALLIANCE. GLCA ALSO OPERATES THECROSSROADS HOSPITALITY GROUP WHICH PROVIDES SERVICES AND CHG OPERATESTHE GREEN FROG SOCIAL HOUSE RESTAURANT, SNAX - ICE CREAM SHOP AND LCBISTRO (RESTAURANT AT THE INN AT THE CROSSROADS). GLCA HAS A PROPERTYMANAGEMENT COMPONENT INVOLVING RENT/LEASE OF OFFICE SPACE AND/ORAPARTMENTS. 1207599 15930 THE ORGANIZATION ALSO COMPLETED THE BUILDING OF THE CONTINUUM (FDTC,FMU, DUAL ENROLLMENT, AND WORK FORCE DEVELOPMENT FACILITY. THECONTINUUM BECAME OPERATIONAL IN AUGUST 2019.GLCA MANAGES THE CONTINUUM WHICH SERVICES AS A DUAL ENROLLMENT PROGRAM BETWEEN AREA HIGH SCHOOLS AND FRANCIS MARION UNIVERSITY AND FLORENCE DARLINGTON TECHNICAL COLLEGE. 5249601 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 36 0 1 12 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X DAVID M HOLLADAY 8433740138 133-B EAST MAIN STREET LAKE CITY SC 29560 X DAVID E GREEN DIRECTOR 0.50 X 0 0 0 FLOYD KEELS DIRECTOR 0.50 X 0 0 0 ROBERT TILTON CHAIR 0.50 X 0 0 0 JOETTA FLOYD SECRETARY 0.50 X 0 0 0 HARRY LESESNE EXECUTIVE DIRECTOR 40.00 X 0 0 0 JASON E MORSE PROJECT MANAGER 40.00 X 166400 0 6656 166400 0 6656 1 0 1 0 NEIL'S LAWN SERVICE LLC PO BOX 455 LAKE CITY SC 29560 LAWN SERVICE 2201742 1 2500000 12269900 14769900 INN 721110 1740253 1740253 CROSSROADS ON MAIN 721110 1374733 1374733 RV PARK INCOME 721210 254737 254737 INTEREST-MISHOE 900099 39161 39161 CONTINUUM 900099 15930 15930 3424814 164321 164321 277523 570977 -293454 -293454 -293454 295883 536640 94234 -240757 -94234 -334991 -334991 NOTE PAYMENT 900099 543151 543151 MISCELLANEOUS 900099 6352 6352 PARTNERSHIP 900099 -148 -148 549355 18279945 604594 3369723 -464272 173056 173056 497628 295019 202609 18256 10533 7723 60619 41826 18793 49312 34026 15286 16403 16403 26369 26369 404432 394609 9823 10061 10061 15400 4017 11383 268676 244401 24275 5313 2130 3183 2298 1379 919 727820 677856 49964 100140 73812 26328 CROSSROADS ON MAIN 1596720 1596720 INN 1251868 1251868 REPAIRS AND MAINTENANCE 279402 151857 127545 FACILITIES AND EQUIPMEN 174289 165346 8943 111075 104682 6342 51 5789137 5249601 539485 51 1786789 3010644 15306508 1504369 1608019 707725 31153 27854 78647905 2990954 77317507 75656951 646102 96049976 81553645 23601005 65675 23601005 65675 X 0 0 0 0 72448971 81487970 72448971 81487970 96049976 81553645 12490808 -3451809 0 X 0 0 0 X 23539859 22599069 2081090 17394235 14769900 80384153 23539859 22599069 2081090 17394235 14769900 80384153 65203588 15180565 268676 310770 227901 331541 441696 1580584 5085 433569 7177 549503 995334 82960071 118208 0.18300 0.27900 X GREATER LAKE CITY ALLIANCE ("THE CORPORATION") IS A SOUTH CAROLINA NONPROFIT CORPORATION INCORPORATED ON JULY 28, 2015. THE CORPORATION IS FORMED AS AN INDEPENDENT, NONPROFIT, NONPARTISAN ORGANIZATION WITH THE MISSION TO PROVIDE FINANCIAL SUPPORT TO GOVERNMENTAL ENTITIES, SECTION 501 (C) (3) ORGANIZATIONS, AND OTHER ENTITIES, AS WELL AS TO ENGAGE DIRECTLY IN COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES, THAT FURTHER THESE PURPOSES. THE ORGANIZATION PROVIDES AVENUES TO INCREASE THE WELFARE OF LAKE CITY BY OPERATIONS OF THE CORNERSTONE OF LAKE CITY (THE INN), OPERATIONS OF (THE CONTINUUM), A DUAL ENROLLMENT AND WORK FORCE DEVELOPMENT FACILITY, AND ASSISTANCE TO THE CITY FOR PROJECTS THAT BETTER LAKE CITY. THE INTERNAL REVENUE SERVICE HAS ISSUED A DETERMINATION LETTER STATING THAT THE CORPORATION IS A CHARITABLE AND EDUCATION ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. THIS IS THE 8TH YEAR OF THE ORGANIZATION'S OPERATIONS, AND BASED UPON THE DISCUSSION BELOW, THE CORPORATION QUALIFIES AS A PUBLICLY-SUPPORTED ORGANIZATION UNDER IRC 509(A)(1) AND 170(B)(1)(A)(VI). FOR THE REASONS DESCRIBED BELOW, THE CORPORATION SATISFIES THE ALTERNATE FACTS-AND-CIRCUMSTANCES TEST AND, THEREFORE, QUALIFIES AS A PUBLICLY-SUPPORTED ORGANIZATION.1. THE CORPORATION'S PUBLIC SUPPORT PERCENTAGE EXCEEDS THE 10% THRESHOLD IN 2021.2. THE CORPORATION IS AN INDEPENDENT, NONPARTISAN AND NONPROFIT ORGANIZATION. THE CENTRAL MISSION AND SINGULAR GOAL OF THE CORPORATION IS TO FOSTER A CULTURALLY-RICH ENVIRONMENT IN THE REGION AND TO SERVE AS A LEADER IN THE CULTIVATION AND ENHANCEMENT OF THE REGION'S CREATIVE ECONOMY BY CREATING, SPONSORING, OR PROMOTING PROGRAMS THAT CONNECT THE COMMUNITY THROUGH PROVIDING ASSISTANCE TO THE CITY, CORNERSTONE OPERATIONS, AND OPERATING AN EDUCATIONAL FACILITY. ALL OF THESE PROGRAMS POSITIVELY AFFECT THE COMMUNITY'S SCHOOLS AND EDUCATION SYSTEM; INCREASE TOURISM AND PROVIDE TOURISM BASED INITIATIVES; AND POSITIVELY IMPACT THE QUALITY OF LIFE FOR ALL CITIZENS IN THE GREATER LAKE CITY AREA THROUGH THESE PROGRAMS.PAST EFFORTS OF THE CORPORATION AT THE STATE AND REGIONAL POLICY LEVELS HAVE INCLUDED:" DEVELOPING, PLANNING, AND PROMOTING A ROUND-ABOUT PROJECT, CONSULTING SERVICES PERTAINING TO WATER AND SEWER OF LAKE CITY, AND RE-ZONING OF LAKE CITY." BUILDING UP BUSINESS IN THE LAKE CITY AREA. " PROVIDING AN EDUCATIONAL FACILITY FOR HIGHER EDUCATION. 3. THE CORPORATION'S BOARD OF DIRECTORS REPRESENTS THE BROAD INTERESTS OF THE PUBLIC, RATHER THAN THE PERSONAL OR PRIVATE INTERESTS OF A LIMITED NUMBER OF DONORS, AND INCLUDES SEVERAL COMMUNITY LEADERS ALL ACROSS SOUTH CAROLINA.FOR THE REASONS DESCRIBED ABOVE, GREATER LAKE CITY ALLIANCE SATISFIES THE ALTERNATE FACTS AND CIRCUMSTANCES TEST AND, THEREFORE, QUALIFIES AS A PUBLICLY-SUPPORTED ORGANIZATION UNDER SECTION 170(B)(1)(A)(VI) OF THE INTERNAL REVENUE CODE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77609449 2505940 75103509 246590 246590 638835 485014 153821 153031 153031 75656951 SECURITY DEPOSITS & PRE-PAID RENT 17063 COM ACCOUNTS PAYABLE 48612 65675 0 0 0 0 0 0 0 0 0 JASON E MORSE PROJECT MANAGER 166400 0 0 0 0 0 6656 0 0 0 173056 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE RETURN IS SENT VIA EMAIL TO THE DIRECTORS ASKING FOR COMMENTS OR QUESTIONS BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE POLICY IS MONITORED THROUGH ANNUAL SUBMISSION OF CONFLICT OF INTEREST FORMS AND FOLLOW-UP WHERE NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE GREATER LAKE CITY COMMUNITY DEVELOPMENT OFFICE BOARD OF DIRECTORS HAS ADOPTED AN EXECUTIVE COMPENSATION POLICY AND BASES COMPENSATION LEVELS USING COMPARABILITY SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 THE GREATER LAKE CITY COMMUNITY DEVELOPMENT OFFICE HONORS THE REQUIREMENTS OF THE LAWS GOVERNING REQUESTS FOR SUCH DOCUMENTS FROM THE PUBLIC AND FEDERAL AND STATE AGENCIES. CROSSROADS ON MAIN LLS 108 E MAIN ST LAKE CITY SC 29560 352643865 INN SC 1374733 301975 GREATER LAKE CITY ALLIANCE