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Nonprofit · EIN 30-0479115

COLUMBIA EMPOWERMENT ZONE INC

Tax-exempt · COLUMBIA, SC 29203

Financials

$645K$695K2021$5.7M$799K2022$1.8M$1M2023$5.4M$1M2024
Revenue Expenses · by fiscal year end
Financials of COLUMBIA EMPOWERMENT ZONE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,383,811$1,043,960$4,339,851$17,821,457$933,509$16,887,948
June 30, 2024990$1,774,744$1,013,130$761,614$12,915,084$467,129$12,447,955
June 30, 2023990 (amended)$5,748,993$798,795$4,950,198$13,153,094$1,566,308$11,586,786
June 30, 2022990 (amended)$645,048$695,316-$50,268$8,236,222$1,703,341$6,532,881
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,915,719
of which government grants
$4,400,890
Program service revenue
$247,351
Investment income
$215,183
Net gain from sales of assets
$133,548
Other revenue
$5,558

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$502,408
Salaries, compensation and benefits (total)
$502,408
Professional fundraising fees
$0
Legal fees
$2,375
Accounting fees
$21,057
Occupancy
$147,919
Travel
$24,732
Depreciation
$193,405
Program services (functional)
$868,845
Management and general (functional)
$175,115

Balance sheet and other

Total assets, start of year
$12,915,084
Total assets, end of year
$17,821,457
Total liabilities, end of year
$933,509
Net assets, end of year
$16,887,948
Land, buildings and equipment
$6,432,368
Publicly traded securities
$3,932,258
Net assets without donor restrictions
$7,887,058
Net assets with donor restrictions
$9,000,890
Gross receipts
$8,393,032
Employees
0
Volunteers
9
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Felicia MaloneyExecutive Director
Officer
40$0$117,064
Azad KhanTreasurer
Trustee or director, Officer
1$0$0
Gretchen LambertSecretary
Trustee or director, Officer
1$0$0
Russell McCoyChair
Trustee or director, Officer
1$0$0
Sharon L CoefieldCo-Chair
Trustee or director, Officer
1$0$0
Benjamin JohnsonBoard Member
Trustee or director
1$0$0
Carl StentBoard Member
Trustee or director
1$0$0
Jameka YoungBoard Member
Trustee or director
1$0$0
Mary SparrowBoard Member
Trustee or director
1$0$0
William BriceBoard Member
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgs
FELICIA MALONEYEXECUTIVE DIRECTOR
Officer
40$0$113,939
RUSSELL MCCOY IIICHAIR
Trustee or director, Officer
1$0$0
SHARON L COEFIELDCO-CHAIR
Trustee or director, Officer
1$0$0
AZAD KHANTREASURER
Trustee or director, Officer
1$0$0
GRETCHEN LAMBERTSECRETARY
Trustee or director, Officer
1$0$0
WILLIAM BRICEBOARD MEMBER
Trustee or director
1$0$0
BENJAMIN JOHNSONBOARD MEMBER
Trustee or director
1$0$0
MARY SPARROWBOARD MEMBER
Trustee or director
1$0$0
CARL STENTBOARD MEMBER
Trustee or director
1$0$0
JAMEKA YOUNGBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensation
RUSSELL MCCOY IIICHAIR
Trustee or director, Officer
1$0
SHARON L COEFIELDCO-CHAIR
Trustee or director, Officer
1$0
AZAD KHANTREASURER
Trustee or director, Officer
1$0
GRETCHEN LAMBERTSECRETARY
Trustee or director, Officer
1$0
JAMEKA YOUNGBOARD MEMBER
Trustee or director
1$0
MARY SPARROWBOARD MEMBER
Trustee or director
1$0
CARL STENTBOARD MEMBER
Trustee or director
1$0
WILLIAM BRICEBOARD MEMBER
Trustee or director
1$0
BENJAMIN JOHNSONBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2022: 9 people
NameTitleHours / weekCompensation
JAMEKA YOUNGBOARD MEMBER
Trustee or director
1$0
MARY SPARROWBOARD MEMBER
Trustee or director
1$0
CARL STENTBOARD MEMBER
Trustee or director
1$0
W REGGIE BRICEBOARD MEMBER
Trustee or director
1$0
BENJAMIN JOHNSONBOARD MEMBER
Trustee or director
1$0
RUSSELL MCCOY IIICHAIR
Officer
1$0
SHARON L COEFIELDCO-CHAIR
Officer
1$0
AZAD KHANTREASURER
Officer
1$0
GRETCHEN LAMBERTSECRETARY
Officer
1$0

Address and contacts

Address (IRS master file)
3200 GRAND ST, COLUMBIA, SC 29203-6943
In care of
% HON MILDRED WEATHERS-MCDUFFIE
Principal officer (990 for 2024)
Russell McCoy, 3200 Grand Street, Columbia, SC 29203
Signed the 990
Russell McCoy, Chairpoerson
Phone
(803) 545-3950
Return prepared by
Mauldin & Jenkins LLC

Mission

Columbia Empowerment Zone Inc. implements activities designed to enhance the lives or residents in targeted areas. Activities such as the training of unemployed and underemployed individuals and the offering of low interest loans and assisting with tax credits to qualifying businesses is undertaken to achieve job creation, career paths, business growth, and training.

990 for the year ended June 30, 2025

Program accomplishments

  • Columbia Empowerment Zone, Inc acquires and manages property with the overall goal of creating jobs and creating sustainable businesses through partnerships with private companies. Attorney's fees, developer costs, and closing costs are significant expenses that Columbia Empowerment Zone, Inc. incurs.
    Expenses $868,845 · revenue $247,351

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
30-0479115
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
2008
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$17,821,457
Income (IRS master file)
$8,393,032

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,383,811$1,043,960$17,821,457IRS
990June 2024$1,774,744$1,013,130$12,915,084IRS
990June 2023$5,748,993$798,795$13,153,094XML
990June 2022$645,048$695,316$8,236,222XML
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 30-0479115).

Questions about COLUMBIA EMPOWERMENT ZONE INC

What is the EIN of COLUMBIA EMPOWERMENT ZONE INC?
The employer identification number (EIN) of COLUMBIA EMPOWERMENT ZONE INC is 30-0479115.
Is COLUMBIA EMPOWERMENT ZONE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to COLUMBIA EMPOWERMENT ZONE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COLUMBIA EMPOWERMENT ZONE 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 COLUMBIA EMPOWERMENT ZONE INC 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 COLUMBIA EMPOWERMENT ZONE INC 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 COLUMBIA EMPOWERMENT ZONE INC?
The 990 for the year ended June 30, 2025 names Russell McCoy.
Who are the officers and directors of COLUMBIA EMPOWERMENT ZONE INC?
The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does COLUMBIA EMPOWERMENT ZONE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,383,811, expenses of $1,043,960 and total assets of $17,821,457 at year end.

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