Nonprofit · EIN 27-1199140
LEAD-CHS FOUNDATION
Tax-exempt · N CHARLESTON, SC 29405
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,736,769 | $3,608,270 | $128,499 | $1,013,344 | $696,626 | $316,718 |
| December 31, 2023 | 990 | $2,215,144 | $2,297,645 | -$82,501 | $509,565 | $321,346 | $188,219 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,673,044
- of which government grants
- $2,942,194
- Program service revenue
- $63,725
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $334,358
- Other salaries and wages
- $1,099,937
- Salaries, compensation and benefits (total)
- $1,276,213
- Professional fundraising fees
- $30,000
- Accounting fees
- $52,669
- Occupancy
- $40,746
- Travel
- $13,972
- Program services (functional)
- $3,534,240
- Management and general (functional)
- $44,030
- Fundraising (functional)
- $30,000
Balance sheet and other
- Total assets, start of year
- $509,565
- Total assets, end of year
- $1,013,344
- Total liabilities, end of year
- $696,626
- Net assets, end of year
- $316,718
- Net assets without donor restrictions
- $163,976
- Net assets with donor restrictions
- $152,742
- Gross receipts
- $3,736,769
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2008
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRYAN DERREBERRY | BOARD DIRECTOR Trustee or director, Officer | 5 | $0 | $389,591 | $27,893 |
| MATT BREWER | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ELIZABETH BURWELL | FINANCE COMMITTEE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOE GRECH | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRYAN DERREBERRY | BOARD DIRECTOR Trustee or director, Officer | 5 | $0 | $357,380 | $37,849 |
| JOE GRECH | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MATT BREWER | CHAIR ELECT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KYRA MORRIS | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ELIZABETH BURWELL | FINANCE COMMITTEE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4922 OHEAR AVE STE 101, N CHARLESTON, SC 29405-5098
- In care of
- % CHARLES VAN RYSSELBERGE
- Mailing address (990-N for 2010)
- 4500 LEEDS AVENUE SUITE 100, NORTH CHARLESTON SC 29405
- Principal officer (990 for 2024)
- KEVIN SHEILLEY, 4922 OHEAR AVENUE 101, NORTH CHARLESTON, SC 29405
- Principal officer (990-N for 2010)
- BETH FRANKLIN, 4500 LEEDS AVENUE SUITE 100, NORTH CHARLESTON SC 29405
- Signed the 990
- KEVIN SHEILLEY, PRESIDENT AND CEO
- Phone
- (843) 577-2510
- Website
- WWW.CHARLESTONCHAMBER.ORG
- Return prepared by
- MAULDIN & JENKINS LLC
Mission
A SUPPORTING ORGANIZATION OF THE CHAMBER, THE CHARLESTON CHAMBER FOUNDATION ADVANCES THE CHARLESTON REGION'S COMMUNITY THROUGH KEY INITIATIVES THAT ADDRESS OUR CRITICAL CHALLENGES. THE FOUNDATION IS ALIGNED TO MAXIMIZE OUR COMMUNITY'S ABILITY TO TAKE ADVANTAGE OF A ONCE-IN-A-GENERATION SET OF ECONOMIC DEVELOPMENT AND COMMUNITY ADVANCEMENT OPPORTUNITIES FOCUSED TO STRENGTHEN THE CHARLESTON REGION AS A GLOBALLY COMPETITIVE METRO. A PRIMARY FOCUS OF THE FOUNDATION'S WORK IS DELIVERED IN ITS EFFORTS IN TALENT PIPELINE DEVELOPMENT AND HOUSING ATTAINABILITY.
Program accomplishments
- COMMUNITY ADVANCEMENT:LEADERSHIP | TALENT | DE&IPEOPLE ARE CORE TO OUR REGION'S PROSPERITY. THE CHAMBER'S COMMUNITY ADVANCEMENT TEAM CULTIVATES LEADERS TO STEP INTO OUR COMMUNITY'S GREATEST CHALLENGES AND WORKS ALONGSIDE OUR REGION'S EMPLOYERS AND EDUCATORS TO BUILD AND DEVELOP OUR WORKFORCE. OUR EFFORTS ARE ALL CENTERED AROUND ENSURING ECONOMIC MOBILITY FOR ALL.OUR REGION IS FILLED WITH BRIGHT LEADERS WHO WANT TO CREATE CHANGE AND MAKE OUR REGION THE BEST IT CAN BE. THROUGH OUR DIVERSITY, EQUITY AND INCLUSION WORK, LEADERSHIP DEVELOPMENT, INFORMATIVE PROGRAMS AND TALENT INITIATIVES, WE ARE FUELING LEADERS WITH THE INFORMATION, ACCESS AND RESOURCES THEY NEED TO ADVANCE OUR REGION. WE USE A REGIONAL AND INCLUSIVE APPROACH, BECAUSE WE ARE BETTER AND STRONGER TOGETHER. LEADERSHIP DEVELOPMENTFOR OUR COMMUNITY AND BUSINESSES TO PROSPER, WE NEED EMPOWERED LEADERS TO DRIVE SOLUTIONS AND CREATE CHANGE. WE CULTIVATE AND EQUIP LEADERS WITH THE SKILLS AND KNOWLEDGE TO MAKE MEANINGFUL IMPACTS ON OUR COMMUNITY. THE CHAMBER OFFERS LEADERSHIP DEVELOPMENT OPPORTUNITIES FOR ANY STAGE OF YOUR CAREER. WHETHER YOU ARE A YOUNG PROFESSIONAL OR SEASONED EXECUTIVE, OUR PROGRAMS WILL PROVIDE YOU WITH THE INFORMATION AND RESOURCES TO TAKE YOUR CAREER TO THE NEXT LEVEL.THROUGH COMMUNITY AWARENESS, EDUCATION AND HANDS-ON EXPERIENCE, OUR LEADERSHIP PROGRAMS AIM TO PROVIDE THE REGION WITH AN ONGOING SOURCE OF LEADERS THAT ARE PREPARED AND COMMITTED TO SERVE AS CATALYSTS OF POSITIVE CHANGE IN OUR REGION.CHARLESTON YOUNG PROFESSIONALSWHERE EMERGING LEADERS CONNECTCHARLESTON YOUNG PROFESSIONALS (CYP) WAS CREATED AS AN ARM OF THE CHAMBER TO ATTRACT, RETAIN AND DEVELOP YOUNG PROFESSIONALS IN THE CHARLESTON REGION. CYP IS A 1000+ MEMBER-STRONG ORGANIZATION THAT IS WIDELY RECOGNIZED AS AN ACTION-ORIENTED POWERHOUSE OF THE REGION'S UP AND COMING YOUNG LEADERS.TALENTGROWING OUR REGION'S TALENT PIPELINEA REGION THRIVES WHEN ITS PEOPLE HAVE THE WORKFORCE SKILLS THAT MATCH THE NEEDS OF ITS EMPLOYERS. THE CHAMBER'S TALENT TEAM SERVES AS A REGIONAL CONVENER, CREATING BUSINESS AND EDUCATION PARTNERSHIPS THROUGH COLLABORATIVE AND EQUITABLE INITIATIVES. EMPLOYER-LED NEEDS ASSESSMENTS GUIDE OUR EFFORTS TO CULTIVATE RELATIONSHIPS, EDUCATE ON BEST PRACTICES AND DEVELOP OUR CURRENT AND FUTURE EMPLOYEES. OUR COUNTRY IS CURRENTLY FACING A TALENT CRISIS AND EMPLOYERS NEED TO KNOW HOW THEY ARE GOING TO BOTH RECRUIT AND RETAIN THEIR WORKFORCE. THE CHAMBER SERVES AS A THOUGHT LEADER IN BRINGING OUR MEMBERS THE LATEST TRENDS, RESOURCES AND DATA TO INFORM YOUR TALENT DECISIONS.DIVERSITY, EQUITY & INCLUSIONCREATING EQUITABLE OPPORTUNITIES FOR ALLTHE CHAMBER IS COMMITTED TO CREATING A REGION WHERE EVERYONE HAS THE OPPORTUNITY TO LIVE, LEARN AND EARN. DIVERSE AND INCLUSIVE WORKFORCES THRIVE, FOSTERING CREATIVITY, INNOVATION AND LOYALTY. ADDRESSING DISPARITIES AND BUILDING EQUITABLE OPPORTUNITIES WILL LIFT UP OUR ENTIRE REGION. WE ARE CHALLENGED TO HAVE COURAGEOUS CONVERSATIONS, TO LISTEN AND LEARN, WELCOME DIFFERENCES WHILE EXPLORING SIMILARITIES AND CREATE A SENSE OF BELONGING FOR ALL, NOT JUST SOME. WHILE WE CONTINUE TO WEAVE DIVERSITY, EQUITY AND INCLUSION INITIATIVES WITHIN OUR ORGANIZATION, WE ARE ALSO PROUD TO SERVE AS A CATALYST AND CONVENER FOR REGIONAL BUSINESSES, PROVIDING THE TOOLS, RESOURCES AND INFORMATION YOU NEED TO DRIVE YOUR OWN DE&I INITIATIVES.GOVERNMENT RELATIONS:ADVOCATING FOR A THRIVING COMMUNITYTHRIVING COMMUNITIES DON'T JUST HAPPEN. RATHER, THEY ARE THE RESULT OF SMART PLANNING, COLLABORATION AND DEDICATION TO DRIVING SOLUTIONS. THE CHAMBER'S GOVERNMENT RELATIONS TEAM WORKS TIRELESSLY TO INFORM THE COMMUNITY AND OUR MEMBERS ABOUT CURRENT ISSUES, GIVE ACCESS TO ELECTED LEADERS IN OUR COMMUNITY AND ADVOCATE FOR OUR REGION'S BUSINESS COMMUNITY - ALL SO THE COLLECTIVE VOICE OF REGIONAL BUSINESSES ARE HEARD. OUR TEAM ADVOCATES AT THE LOCAL, STATE AND FEDERAL LEVELS AND TAKES A PROACTIVE AND COLLABORATIVE APPROACH TO TACKLING OUR REGION'S GREATEST CHALLENGES. HOUSING ATTAINABILITYWHILE CHARLESTON RANKS THE NUMBER ONE CITY IN THE U.S. TO VISIT BY TRAVEL + LEISURE'S WORLD'S BEST AWARDS, IT FAILS TO PAINT THE PICTURE THAT MANY LOCALS ARE FACED WITH - A CRIPPLING HOUSING CRISIS. WITH AN ESTIMATED 89,600 FAMILIES IN THE REGION SPENDING MORE THAN 30 PERCENT OF THEIR INCOME ON HOUSING, THERE IS A CLEAR NEED FOR A REGIONAL EFFORT AND PUSH TO MEET THE NEEDS.WE RECOGNIZE THAT THE COST AND AVAILABILITY OF HOUSING ISN'T JUST AFFECTING ONE GROUP OF PEOPLE, IT IS IMPACTING EMPLOYERS AND EMPLOYEES OF ALL DIFFERENT BACKGROUNDS AND INDUSTRY SECTORS. TO ACCOMMODATE PROJECTED GROWTH AND ALLOW BUSINESSES TO THRIVE, OUR REGION NEEDS MORE HOUSING SUPPLY, MORE CHOICES, BETTER PROXIMITY TO TRANSIT AND JOB CENTERS, AND MORE ATTAINABLE OPTIONS AT EVERY INCOME LEVEL. WE KNOW WE HAVE A LONG WAY TO GO BEFORE HOUSING IS ACCESSIBLE TO ALL, BUT WE WILL CONTINUE TO KEEP IT AT THE TOP OF OUR PRIORITY LIST.Expenses $3,534,240 · grants $334,358 · revenue $63,725
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 | Not 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
- 27-1199140
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S114)
- Assets (IRS master file)
- $1,013,344
- Income (IRS master file)
- $3,736,769
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,736,769 | $3,608,270 | $1,013,344 | XML |
| 990 | December 2023 | $2,215,144 | $2,297,645 | $509,565 | XML |
| 990 | December 2022 | $501,081 | $501,081 | $425,785 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: BETH FRANKLIN | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
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 27-1199140).
Questions about LEAD-CHS FOUNDATION
- What is the EIN of LEAD-CHS FOUNDATION?
- The employer identification number (EIN) of LEAD-CHS FOUNDATION is 27-1199140.
- Is LEAD-CHS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to LEAD-CHS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does LEAD-CHS FOUNDATION 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 LEAD-CHS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEAD-CHS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LEAD-CHS FOUNDATION?
- The 990 for the year ended December 31, 2024 names KEVIN SHEILLEY.
- Who are the officers and directors of LEAD-CHS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does LEAD-CHS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,736,769, expenses of $3,608,270 and total assets of $1,013,344 at year end.
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