Nonprofit · EIN 57-0662516
COLLETON DEVELOPMENT CORPORATION INC
Tax-exempt (reinstated) · WALTERBORO, SC 29488
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $137,047 | $124,885 | $12,162 | $80,696 | $0 | $80,696 |
| June 30, 2024 | 990-EZ | $133,210 | $184,031 | -$50,821 | $83,098 | $14,564 | $68,534 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $91,450
- Investment income
- $1,297
- Other revenue
- $44,300
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $5,390
- Occupancy
- $7,193
- Printing, publications and postage
- $310
- Other expenses
- $111,992
- Program services (functional)
- $41,901
Balance sheet and other
- Total assets, start of year
- $83,098
- Total assets, end of year
- $80,696
- Total liabilities, end of year
- $0
- Net assets, end of year
- $80,696
- Cash, savings and investments
- $74,899
- Gross receipts
- $137,047
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES B STRICKLAND | EXECUTIVE DIRECTOR | 40 | $0 |
| DONNA LAMB | EXECUTIVE ASSISTANT | 40 | $0 |
| LEE PETROLAWICZ | CHAIRMAN | 2 | $0 |
| BILL YOUNG | BOARD MEMBER | 2 | $0 |
| JESSICA WILLIAMS | BOARD MEMBER | 2 | $0 |
| JOEL BRAUN | BOARD MEMBER | 2 | $0 |
| KRISTA MASSEY | BOARD MEMBER | 2 | $0 |
| ROBERT MIXON | BOARD MEMBER | 2 | $0 |
990-EZ for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEYWARD HORTON | EXECUTIVE DIRECTOR | 40 | $0 |
| DONNA LAMB | EXECUTIVE ASSISTANT | 40 | $0 |
| JIMMY SYFRETT | BOARD MEMBER | 2 | $0 |
| JASON LEGARE | BOARD MEMBER | 2 | $0 |
| CHIP UPCHURCH | BOARD MEMBER | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 403 E WASHINGTON ST STE B, WALTERBORO, SC 29488-4088
- Signed the 990-EZ
- JAMES B STRICKLAND, EXECUTIVE DIRECTOR
- Phone
- (843) 549-9597
- Return prepared by
- ROBINSON GRANT & CO PA
Mission
THE MISSION OF THE COLLETON COUNTY ECONOMIC ALLIANCE IS TO MANAGE THE ECONOMIC GROWTH OF COLLETON COUNTY THROUGH NEW AND EXPANDING MANUFACTURING, DISTRIBUTION, AVIATION, AND HEALTHCARE INVESTMENTS WHICH CREATE QUALITY JOBS, IMPROVE PER CAPITA INCOME, AND BROADEN THE TAX BASE.
Program accomplishments
- TO ADDRESS CRITICAL STRATEGIC ISSUES WHICH HAVE IMPEDED ECONOMIC GROWTH. TO ESTABLISH LEVEL IV CERTIFIED FOREIGN-TRADE ZONE SITES WITH INTERSTATE OR AIRPORT ACCESS. TO EXPAND TECHNICAL TRAINING SKILL SETS.grants $91,450
- SPONSORS FOR THE INDUSTRY APPRECIATION EVENT ARE BUSINESSES IN NEIGHBORING COUNTIES AND COLLETON COUNTY.Expenses $41,901 · grants $28,500
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 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-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 57-0662516
- 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
- 2023
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S01)
- Assets (IRS master file)
- $80,696
- Income (IRS master file)
- $137,047
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | – | – | – | IRS |
| 990-EZ | June 2024 | $133,210 | $184,031 | $83,098 | IRS |
| 990-EZ | June 2023 | $122,119 | $101,962 | $119,355 | IRS |
| 990 | June 2022 | $132,239 | $169,712 | $99,981 | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about COLLETON DEVELOPMENT CORPORATION INC
- What is the EIN of COLLETON DEVELOPMENT CORPORATION INC?
- The employer identification number (EIN) of COLLETON DEVELOPMENT CORPORATION INC is 57-0662516.
- Is COLLETON DEVELOPMENT CORPORATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to COLLETON DEVELOPMENT CORPORATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COLLETON DEVELOPMENT CORPORATION 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 COLLETON DEVELOPMENT CORPORATION 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 COLLETON DEVELOPMENT CORPORATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of COLLETON DEVELOPMENT CORPORATION INC?
- The 990-EZ for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does COLLETON DEVELOPMENT CORPORATION INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $137,047, expenses of $124,885 and total assets of $80,696 at year end.
Other nonprofits in WALTERBORO
- LOWCOUNTRY COMMUNITY ACTION AGENCY 807 HAMPTON EIN 57-0612136 · last filed 990 for 2024
- WALTERBORO TOURISM COMMISSION EIN 27-0473097 · last filed 990 for 2025
- CCEDC TWO INC EIN 37-1664681 · last filed 990 for 2024
- COMMUNITY INNOVATIONS EIN 92-1965049 · last filed 990-N for 2025
- MOUNT OLIVE EIN 33-3781802 · last filed 990-N for 2025
- LOWCOUNTRY LEVELUP ORGANIZATION EIN 92-0889241 · last filed 990-N for 2023
- WALTERBORO DEVELOPMENT CORPORATION EIN 27-3513410 · last filed 990 for 2025
- COASTAL ELECTRIC COOPERATIVE INC EIN 57-0143233 · last filed 990 for 2024
All nonprofits in WALTERBORO · South Carolina · Community improvement and capacity building