Nonprofit · EIN 27-3513410
WALTERBORO DEVELOPMENT CORPORATION
Tax-exempt · WALTERBORO, SC 29488
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $0 | $225 | -$225 | $33,996 | $0 | $33,996 |
| June 30, 2024 | 990 | $0 | $200 | -$200 | $34,221 | $0 | $34,221 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $225
- Management and general (functional)
- $225
Balance sheet and other
- Total assets, start of year
- $34,221
- Total assets, end of year
- $33,996
- Total liabilities, end of year
- $0
- Net assets, end of year
- $33,996
- Land, buildings and equipment
- $6,749
- Net assets without donor restrictions
- $33,996
- Gross receipts
- $0
- Employees
- 0
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN GRIFFIN | EXEC COMMITT Officer | – | $0 |
| JEFFREY MOLINARI | EXEC COMMITT Officer | – | $0 |
| AMY J RISHER | SECRETARY Officer | – | $0 |
| WILLIAM YOUNG | EXEC COMMITT Officer | – | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN GRIFFIN | EXEC COMMITT Officer | – | $0 |
| JEFFREY MOLINARI | EXEC COMMITT Officer | – | $0 |
| AMY J RISHER | SECRETARY Officer | – | $0 |
| WILLIAM YOUNG | EXEC COMMITT Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 242 HAMPTON ST, WALTERBORO, SC 29488-3929
- Principal officer (990 for 2024)
- JEFFREY MOLINARI, 242 HAMPTON STREET, WALTERBORO, SC 29488
- Signed the 990
- JEFFREY MOLINARI, EXEC COMMITTEE MEM
- Phone
- (843) 549-2545
- Return prepared by
- GRIFFIN BEACH & COMPANY PA
Mission
TO ESTABLISH A BUSINESS EDUCATION AND ASSISTANCE PROGRAM FOR SMALL BUSINESS OWNERS TO COME AND LEARN, MEET, AND NETWORK THROUGH CLASSES AND COUNSELING. ALSO FACILITATE COORPERATIVE ADVERTISING BY BUSINESS TYPE OR REGION. IN ADDITION, ESTABLISH AND ADMINISTER A REVOLVING LOAN FUND.
Program accomplishments
- TO ESTABLISH A BUSINESS EDUCATION AND ASSISTANCE PROGRAM FOR SMALL BUSINESS OWNERS TO COME AND LEARN, MEET, AND NETWORK THROUGH CLASSES AND COUNSELING. ALSO FACILITATE COORPERATIVE ADVERTISING BY BUSINESS TYPE OR REGION. IN ADDITION, ESTABLISH AND ADMINISTER A REVOLVING LOAN FUND.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3513410
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2011
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $33,996
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $0 | $225 | $33,996 | XML |
| 990 | June 2024 | $0 | $200 | $34,221 | XML |
| 990 | June 2023 | $0 | $200 | $34,421 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 27-3513410).
Questions about WALTERBORO DEVELOPMENT CORPORATION
- What is the EIN of WALTERBORO DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of WALTERBORO DEVELOPMENT CORPORATION is 27-3513410.
- Is WALTERBORO DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2011.
- Are donations to WALTERBORO DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WALTERBORO DEVELOPMENT CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of WALTERBORO DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WALTERBORO DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WALTERBORO DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names JEFFREY MOLINARI.
- Who are the officers and directors of WALTERBORO DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does WALTERBORO DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $0, expenses of $225 and total assets of $33,996 at year end.
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All nonprofits in WALTERBORO · South Carolina · Community improvement and capacity building