2024-11-19T15:08:29-06:00 2023-12-31 571013298 HUTTO PRESTON & ASSOCIATES LLC 157 E BAY ST CHARLESTON SC 29401 990EZ 2023-01-01 300390898 PALMETTO PROFESSIONAL SOCIETY OF CHARLESTON PALM 8438539033 PO BOX 20211 CHARLESTON SC 29413 LANCE MENGEL TREASURER 8438539033 2024-11-13 1 0 ANDREW J PRESTON CPA P01540145 8435770148 2024-11-06 2023 2024-10-15 13:58:12Z X X WWW.THEPALMETTOSOCIETY.COM X X 165381 X 115381 50000 25000 25000 140381 54000 1730 107692 163422 -23041 71334 0 48293 71334 48293 71334 48293 0 0 71334 48293 X THE PALMETTO PROFESSIONAL SOCIETY OF CHARLESTON (THE "CORPORATION") WAS INCORPORATED ON SEPTEMBER 11, 2008, AS A SOUTH CAROLINA NONPROFIT, NON-STOCK PUBLIC BENEFIT CORPORATION WITH MEMBERS. THE CORPORATION WAS FORMED AND IS OPERATED EXCLUSIVELY FOR THE PROMOTION OF SOCIAL WELFARE WITH THE NET EARNINGS BEING DEVOTED EXCLUSIVELY TO CHARITABLE, EDUCATIONAL, OR RECREATIONAL PURPOSES. IN PARTICULAR, THE CORPORATION WAS FORMED IN THE SPIRIT OF ESTABLISHING FOR YOUNG PROFESSIONALS, AN OPPORTUNITY FOR ORGANIZED, PROGRESSIVE, AND SUSTAINED INVOLVEMENT IN THE LOCAL CHARLESTON, SOUTH CAROLINA COMMUNITY. TO DATE, THE ROSTER OF THE SOCIETY BOASTS ALMOST 100 MEMBERS. THE CORPORATION'S MEMBERS CONSIST OF YOUNG PROFESSIONALS REPRESENTING LOCAL INDUSTRIES INCLUDING REAL ESTATE, DEVELOPMENT, BANKING, FINANCIAL PLANNING, ACCOUNTING, MARKETING, ADVERTISING, HOSPITALITY, FOOD AND BEVERAGE, MEDICINE, LAW, INTERNATIONAL TRADE, PUBLISHING AND OTHER FIELDS. PROVIDED THE OVER 100 YOUNG PROFESSIONAL MEMBERS THE OPPORTUNITY FOR ORGANIZED, PROGRESSIVE, AND SUSTAINED INVOLVEMENT THROUGH LOCAL CHARLESTON EVENTS INCLUDING THE ANNUAL RED FISH TOURNAMENT THAT HAD OVER 125 PARTICIPANTS, A CHRISTMAS PARTY TO RAISE FUNDS FOR GIFTS FOR TOYS FOR TOTS, AND MEMBER EVENTS FOR RECREATIONAL AND NETWORKING PURPOSES. 0 98416 NET EARNINGS FROM EVENTS GO TO CHARITABLE OR EDUCATIONAL PURPOSES. IN THE CURRENT YEAR THAT INCLUDES OVER $50,000 IN DIRECT CONTRIBUTIONS TO ORGANIZATIONS SUCH AS TOYS FOR TOTS, DOWN SYNDROME ASSOCIATION OF THE LOWCOUNTY, AND HABITAT FOR HUMANITY. 0 57700 156116 DAVE CARTER PRESIDENT 2.00 0 0 0 NELSON BURCH VICE PRESIDENT 5.00 0 0 0 BRAD PULASKI TREASURER 4.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 SC BRAD PULASKI PO BOX 20211 CHARLESTON SC 29413 8438539033 0 0 0 0 0 0 0 RED FISH TOURNAMENT 50000 50000 25000 50000 50000 25000 25000 25000 FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: DOWN SYNDROME ASSOCIATION OF THE LOWCOUNTY. AMOUNT GIVEN: 25,000. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: DOWN SYNDROME ASSOCIATION OF THE LOWCOUNTY. AMOUNT GIVEN: 8,000. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: TOYS FOR TOTS. AMOUNT GIVEN: 8,000. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: DORCHESTER SHRINERS CLUB. AMOUNT GIVEN: 500. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: GIGI'S PLAYHOUSE. AMOUNT GIVEN: 8,000. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: PATTISON ACADEMY. AMOUNT GIVEN: 1,000. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: BRODY BATES REDFISH TOURNY. AMOUNT GIVEN: 2,000. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: . GRANTEE NAME: HABITAT FOR HUMANITY. AMOUNT GIVEN: 1,500. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 54,000. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 2,487. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 2,114. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 181. DESCRIPTION: GENERAL & ADMIN EXPENSE. AMOUNT: 794. DESCRIPTION: NETWORKING AND SOCIAL EVENTS. AMOUNT: 98,416. DESCRIPTION: SMALL DONATIONS. AMOUNT: 3,700. TOTAL TO FORM 990-EZ, LINE 16: 107,692. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.