2024-02-25T14:13:24-06:00 2023-06-30 570776381 WEBSTERROGERS LLP POST OFFICE BOX 20099 CHARLESTON SC 294130099 990 2022-07-01 576033601 SOUTH CAROLINA ECONOMIC DEVELOPERS' ASSOCIATION SOUT 8039290305 PO BOX 2566 SUITE 115 COLUMBIA SC 29202 KATIE KOON ASSOCIATION EXECUTIVE 8039290305 2024-02-18 1 KATIE KOON 999009999 0 TABATHA R BELLFLOWERSEA P01314866 8435775843 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATIE KOON 1122 LADY ST SUITE 720 COLUMBIA SC 29201 740457 0 X N/A X 1968 SC TO ENHANCE PROFESSIONAL DEVELOPMENT OF ITS MEMBERSHIP AND TO ADVOCATE ECONOMIC DEVELOPMENT TO BENEFIT THE CITIZENS OF SOUTH CAROLINA. 11 11 0 50 0 0 0 0 641394 740457 0 0 0 0 641394 740457 0 0 0 0 0 0 0 0 0 744496 721393 744496 721393 -103102 19064 320889 343014 10221 13282 310668 329732 TO ENHANCE PROFESSIONAL DEVELOPMENT OF ITS MEMBERSHIP AND TO ADVOCATE ECONOMIC DEVELOPMENT TO BENEFIT THE CITIZENS OF SOUTH CAROLINA. 0 0 PROVIDING EDUCATION AND NETWORKING OPPORTUNITIES TO PROMOTE ECONOMIC DEVELOPMENT IN SOUTH CAROLINA. APPROXIMATELY 550 MEMBERS WERE SERVED IN FISCAL YEAR ENDING 2023. 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 0 0 0 X KATIE KOON 8645270400 1122 LADY ST SUITE 720 COLUMBIA SC 29201 X MR RICHARD BLACKWELL PAST PRESIDENT 0.50 X 0 0 0 MR MARTY BALTZEGER PRESIDENT 0.50 X X 0 0 0 MS SANDY STEELE VICE PRESIDENT 0.50 X X 0 0 0 MR RICK FARMER TREASURER 0.50 X X 0 0 0 MR TUSHAR CHIKHLIKER DIRECTOR 0.50 X 0 0 0 MR EDWARD KLUITERS DIRECTOR 0.50 X 0 0 0 MS TAVIA CM GADDY SECRETARY 0.50 X X 0 0 0 MR JOHN TRULUCK DIRECTOR 0.50 X 0 0 0 DR TIM HARDEE EX-OFFICIO 0.50 X 0 0 0 MR DUANE PARRISH EX-OFFICIO 0.50 X 0 0 0 MS JENNIFER CALABRIA DIRECTOR 0.50 X 0 0 0 MR RYAN T COLEMAN DIRECTOR 0.50 X 0 0 0 MR MELVIN C WILLIAMS DIRECTOR 0.50 X 0 0 0 MR HUGH WEATHERS EX-OFFICIO 0.50 X 0 0 0 MR HARRY M LIGHTSEY III EX-OFFICIO 0.50 X 0 0 0 MS BARBARA MELVIN EX-OFFICIO 0.50 X 0 0 0 0 0 0 0 0 0 0 0 ANNUAL CONFERENCE FEES 900099 229321 229321 MEMBERSHIP DUES 900099 179569 179569 CLASSES- THE INSTITUTE 900099 88300 88300 SPONSORSHIP 900099 85155 85155 MIDYEAR MEETING FEES 900099 72988 72988 85124 85124 740457 740457 740457 0 0 X 109100 45000 18309 76 16133 ANNUAL CONFERENCE 253767 PROFESSIONAL FEES 63211 INSTITUTE- CLASSES 51599 ADVANCED SYMPOSIUM 46978 117220 721393 25667 77651 281526 265000 11100 2596 363 320889 343014 221 0 10000 13282 10221 13282 X 310668 329732 310668 329732 320889 343014 19064 0 X X 1 X 0 1 0 0 0 0 179569 45000 45000 89785 -44785 0 X PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND THEREFORE HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE ASSOCIATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE (IRS) NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIODS. FORM 990, PART VI, SECTION A, LINE 3 THE MANAGEMENT FUNCTION IS PERFORMED VIA CAPITAL CONSULTANTS, INC. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE 2 TYPES OF MEMBERSHIP - REGULAR MEMBERS AND RETIRED MEMBERS. MEMBERS NOMINATE MEMBERS FOR THE BOARD AND THE NOMINATING COMMITTEE PUT TOGETHER A SLATE OF OFFICERS FOR THE BOARD AND ULTIMATELY THE MEMBERSHIP OF SCEDA APPROVES. THE GOVERNANCE DECISIONS ARE VOTED UPON BY THE MEMBERSHIP AT THE ANNUAL CONFERENCE IN MAY. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS NOMINATE MEMBERS FOR THE BOARD AND THE NOMINATING COMMITTEE PUTS TOGETHER A SLATE OF OFFICERS FOR THE BOARD AND ULTIMATELY THE MEMBERSHIP OF SCEDA APPROVES. THE GOVERNANCE DECISIONS ARE VOTED UPON BY THE MEMBERSHIP AT THE ANNUAL CONFERENCE IN MAY. FORM 990, PART VI, SECTION A, LINE 7B THE GOVERNANCE DECISIONS ARE VOTED UPON BY THE MEMBERSHIP AT THE ANNUAL CONFERENCE IN MAY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS AVALIABLE TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MAINTAINS A CONFLICTS OF INTEREST POLICY WHICH IS REVIEWED AND SIGNED ON AN ANNUAL BASIS BY ALL DIRECTORS. IF AN ISSUE IS TO BE DECIDED BY THE BOARD THAT INVOLVED A POTENTIAL CONFLICT OF INTEREST FOR A BOARD MEMBER, IT IS THE RESPONSIBILITY OF THAT BOARD MEMBER TO RECUSE THEMSELVES FROM ALL DISCUSSIONS AND/OR VOTE ON THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVALIABLE UPON REQUEST. FORM 990, PART IX, LINE 24E MID YEAR MEETING 45,714. COMMITTEE EXPENSES 42,326. MISCELLANEOUS 26,769. DIRECTOR EXPENSES 2,411. FORM 990, PART XII, LINE 2C: SCEDA TREASURER, PRESIDENT AND ASSOCIATION EXECUTIVE REVIEW THE DRAFT AND THE FINANCIAL AUDIT IS PRESENTED TO THE FULL SCEDA BOARD.