2024-01-31T08:42:05-05:00 2023-06-30 883651234 PHILLIPS CPAS & ADVISORS 201 LAVINIA AVE GREENVILLE SC 29601 990 2022-07-01 570743789 LOWER SAVANNAH REGIONAL DEVELOPMENT CORPORATION LOWE 8036497981 PO BOX 850 AIKEN SC 29802 WILLIAM MOLNAR EXECUTIVE DIRECTOR 8036497981 2024-01-30 WILLIAM MOLNAR 999009999 false MATTHEW V PHILLIPS P01360869 8642361380 2024-01-31 2022 2023-04-26 12:10:37Z WILLIAM MOLNAR PO BOX 850 AIKEN SC 29802 24142 false X X 1982 SC THE LOWER SAVANNAH REGIONAL DEVELOPMENT CORPORATION, HEREINAFTER REFERRED TO AS "CORPORATION" WAS ESTABLISHED TO FURTHER ECONOMIC DEVELOPMENT IN THE LOWER SAVANNAH REGION WHICH INCLUDES AIKEN, ALLENDALE, BAMBERG, BARNWELL, CALHOUN, AND ORANGEBURG COUNTIES; TO PROMOTE AND ASSIST IN THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS WITHING THE LOWER REGION; TO PROMOTE AND ASSIST IN THE DEVELOPMENT OF RESIDENTIAL HOUSING IN THE LOWER SAVANNAH REGION; AND TO ENGAGE IN THOSE ACTIVITIES WHICH ARE IN THE FURTHERANCE OF OR RELATED TO, THE PURPOSES HEREIN STATED. 13 13 0 0 0 0 64 142 18840 24000 18904 24142 0 0 0 0 0 8711 7173 8711 7173 10193 16969 332941 349910 0 332941 349910 X THE PRINCIPAL OBJECTIVE OF THE CORPORATION SHALL BE TO BENEFIT THE REGION ECONOMICALLY BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY; THEREBY, LESSENING THE BURDENS OF GOVERNMENT AND COMBATING COMMUNITY DETERIORATION. ANY MONETARY PROFITS OR OTHER BENEFITS WHICH FLOW TO MEMBERS OF THE CORPORATION SHALL BE INCIDENTAL TO THE CORPORATION'S FUNCTIONS. IN THE EVENT OF DISSOLUTION OR LIQUIDATION OF THE CORPORATION, ITS ASSETS WILL BE DISTRIBUTED FOR ONE OF MORE CHARITABLE PURPOSES OR TO THE FEDERAL, STATE, OR LOCAL GOVERNMENTS. false false 7173 GENERAL FUND 7173 true false false false false false false false false false true false false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false X 13 13 false false false false false false false true true false false false true true true false false true true false SC X FRANCES OWENS FINANCE DIRECTOR 8036497981 PO BOX 850 AIKEN SC 29802 X JERRY BELL CO. REPRESEN 1.00 X 0 0 0 WILLIAM HIGHTOWER CO. REPRESEN 1.00 X 0 0 0 FREDDIE HOUSTON REPRESENTATI 1.00 X 0 0 0 VIRGIL JACOBS REPRESENTATI 1.00 X 0 0 0 JOHN MCLAUCHLIN CO. REPRESEN 1.00 X 0 0 0 JOHN SIMMONS REPRESENTATI 1.00 X 0 0 0 THERESA TAYLOR CO. REPRESEN 1.00 X 0 0 0 THOMAS WILLIAMS CO. REPRESEN 1.00 X 0 0 0 HARRY WIMBERLY CO. REPRESEN 1.00 X 0 0 0 MICHAEL BUTLER VICE CHAIRMA 1.00 X 0 0 0 JAMES HAIGLER CHAIRMAN 1.00 X 0 0 0 DAVID KENNER PAST CHAIRMA 1.00 X 0 0 0 GERALD WRIGHT TREASURER 1.00 X 0 0 0 false false false 142 142 24000 24000 24000 24000 24142 24000 142 52 52 7121 7121 7173 7173 0 0 327903 101993 509756 261839 5038 247917 332941 349910 0 0 X 332941 349910 332941 349910 332941 349910 16969 X false true X true false X X 1 THE LOWER SAVANNAH COUNCIL OF GOVERNMENTS 570510796 10 true 0 0 1 0 true false false false false false false false false false false false false false false true false 509756 261839 247917 247917 X 24142 24142 24142 7173 7173 7173 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. MANAGEMENT BELIEVES THE ADOPTION OF ASC 740-10 RESULTED IN NO SIGNIFICANT IMPACT TO THE ORGANIZATION'S FINANCIAL STATEMENTS. FORM 990 - ORGANIZATION'S MISSION THE PRINCIPAL OBJECTIVE OF THE CORPORATION SHALL BE TO BENEFIT THE REGION ECONOMICALLY BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY; THEREBY, LESSENING THE BURDENS OF GOVERNMENT AND COMBATING COMMUNITY DETERIORATION. ANY MONETARY PROFITS OR OTHER BENEFITS WHICH FLOW TO MEMBERS OF THE CORPORATION SHALL BE INCIDENTAL TO THE CORPORATION'S FUNCTIONS. IN THE EVENT OF DISSOLUTION OR LIQUIDATION OF THE CORPORATION, ITS ASSETS WILL BE DISTRIBUTED FOR ONE OF MORE CHARITABLE PURPOSES OR TO THE FEDERAL, STATE, OR LOCAL GOVERNMENTS. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE DIRECTOR WILL REVIEW THE 990 FOR ACCURACY FIRST, THEN THE 990 WILL BE SUBMITTED TO THE EXECUTIVE COMMITTEE OF THE LSCOG BOARD (THE BOARD FOR THE RIAC,RDC) NO LESS THAN ONE WEEK IN ADVANCE OF THE REGULARLY SCHEDULED MEETING FOR THEIR REVIEW AND APPROVAL BEFORE BEING SIGNED BY THE EXECUTIVE DIRECTOR AND SUBMITTED BY THE AUDITOR. MINUTES OF THE MEETING WILL REFLECT THE APPROVAL OF THE TAX RETURN. IF THE MEETING OR THE APPROVAL CANNOT BE OBTAINED IN ADVANCE OF THE FILING DEADLINE, AN EXTENSION TO FILE WILL BE REQUESTED BY THE AUDITOR. FORM 990, PAGE 6, PART VI, LINE 12C BOARD OF DIRECTORS REVIEW THE CONFLICT OF INTEREST POLICY AND SIGNS A NEW ONE IF CHANGES ARE MADE TO THE POLICY OR IF THEIR STATUS ON THE BOARD HAS CHANGED. THERE IS ALSO A STAFF CONFLICT OF INTEREST POLICY. THE EXECUTIVE DIRECTOR IS TO BE ADVISED WHEN A STAFF MEMBER HAS BEEN OFFERED OR IS CONSIDERING MEMBERSHIP IN ANY PUBLIC OR PRIVATE COMMITTEE, OFFICE, OR ASSOCIATION WITH ANY ORGANIZATION OR ACTIVITY THAT MAY LEAD TO A CONFLICT BETWEEN SUCH ASSOICATION AND HIS POSITION. FORM 990, PAGE 6, PART VI, LINE 15A NO ACTUAL SALARIES ARE PAID BY THE CORPORATION. ANY SALARIES PAID BY LOWER SAVANNAH COUNCIL OF GOVERNMENTS ARE CONTRACTED TO THE CORPORATION. FORM 990, PAGE 6, PART VI, LINE 15B NO ACTUAL SALARIES ARE PAID BY THE CORPORATION. ANY SALARIES PAID ARE BY LOWER SAVANNAH COUNCIL OF GOVERNMENTS ARE CONTRACTED TO THE CORPORATION. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST LOWER SAVANNAH COUNCIL OF GOVERNMEN PO BOX 850 AIKEN SC 29802 REGIONAL P SC 501 C4 N/A false false false false false false false false false false false false false false false false false false false false