Nonprofit · EIN 20-8626982
INVESTSC INC
Tax-exempt · COLUMBIA, SC 29201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $4,980,723 | $1,293,692 | $3,687,031 | $22,470,801 | $8,687,371 | $13,783,430 |
| December 31, 2024 | 990 | $3,372,375 | $3,494,892 | -$122,517 | $30,406,986 | $20,270,309 | $10,136,677 |
| December 31, 2023 | 990 | $105,868 | $686,393 | -$580,525 | $10,718,498 | $3,584,814 | $7,133,684 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,317,091
- of which government grants
- $3,317,091
- Program service revenue
- $0
- Investment income
- $1,662,931
- Net gain from sales of assets
- $1,352,811
- Other revenue
- $701
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $56,036
- Salaries, compensation and benefits (total)
- $59,009
- Professional fundraising fees
- $0
- Legal fees
- $8,779
- Accounting fees
- $43,100
- Occupancy
- $7,500
- Program services (functional)
- $1,273,625
- Management and general (functional)
- $20,067
Balance sheet and other
- Total assets, start of year
- $30,406,986
- Total assets, end of year
- $22,470,801
- Total liabilities, end of year
- $8,687,371
- Net assets, end of year
- $13,783,430
- Net assets without donor restrictions
- $13,323,800
- Net assets with donor restrictions
- $459,630
- Gross receipts
- $9,234,246
- Employees
- 1
- Volunteers
- 5
- Year formed
- 2007
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HARRY HUNTLEY | PRESIDENT Trustee or director, Officer | 10 | $40,000 | $16,036 |
| MICHAEL NIX | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN HUSSAIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CARL BLACKSTONE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JESSE SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SELENA MARTIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| Angela H Scott | CFO Officer | 10 | $0 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HARRY HUNTLEY | PRESIDENT Trustee or director, Officer | 20 | $40,000 | $12,520 |
| MICHAEL NIX | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CARL BLACKSTONE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SELENA MARTIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN HUSSAIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JESSE SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HARRY HUNTLEY | PRESIDENT Trustee or director, Officer | 20 | $42,000 | $9,336 |
| MICHAEL NIX | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CARL BLACKSTONE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILL CRUZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SELENA MARTIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN HUSSAIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JESSE SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1201 MAIN ST STE 1600, COLUMBIA, SC 29201-3261
- In care of
- % SC JOBS-ECONOMIC DEVEL AUTHORITY
- Principal officer (990 for 2025)
- Harry Huntley, 1201 Main Street, Columbia, SC 29201
- Signed the 990
- Harry Huntley, President
- Phone
- (803) 737-0627
- Website
- WWW.INVESTSC.COM
- Return prepared by
- Mauldin & Jenkins LLC
Mission
INVESTSC IS COMMITTED TO PROMOTING ECONOMIC DEVELOPMENT WITHIN THE STATE OF SOUTH CAROLINA BY PROVIDING AN INVALUABLE RESOURCE FOR CAPITAL TO COMPANIES LOOKING TO LOCATE OR EXPAND WITHIN THE STATE.
Program accomplishments
- INVESTSC WAS FORMED IN 2007 BY THE SOUTH CAROLINA JOBS AND ECONOMIC DEVELOPMENT AUTHORITY TO OPERATE A VENTURE CAPITAL INVESTMENT PROGRAM WHICH THE STATE OF SC CONSIDERED TO BE ITS BURDEN. IN ACCORDANCE WITH IRC REG 1.501(C)(3)-1(D)(2), INVESTSC LESSENS THIS BURDEN BY PROVIDING THE SEED CAPITAL FOR ENTERPRISES IN SC SO AS TO HELP STRENGTHEN THE STATE'S ECONOMIC BASE AND TO SUPPORT THE ECONOMIC DEVELOPMENT GOALS OF SC.Expenses $1,273,625
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-8626982
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $22,470,801
- Income (IRS master file)
- $9,234,246
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $4,980,723 | $1,293,692 | $22,470,801 | XML |
| 990 | December 2024 | $3,372,375 | $3,494,892 | $30,406,986 | XML |
| 990 | December 2023 | $105,868 | $686,393 | $10,718,498 | XML |
| 990 | December 2022 | $11,486,593 | $555,457 | $24,434,471 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8626982).
Questions about INVESTSC INC
- What is the EIN of INVESTSC INC?
- The employer identification number (EIN) of INVESTSC INC is 20-8626982.
- Is INVESTSC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to INVESTSC INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INVESTSC INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INVESTSC INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INVESTSC INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INVESTSC INC?
- The 990 for the year ended December 31, 2025 names Harry Huntley.
- Who are the officers and directors of INVESTSC INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $40,000 (HARRY HUNTLEY, PRESIDENT).
- How much revenue does INVESTSC INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $4,980,723, expenses of $1,293,692 and total assets of $22,470,801 at year end.
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All nonprofits in COLUMBIA · South Carolina · Community improvement and capacity building