Nonprofit · EIN 57-0681166
CHESTER DEVELOPMENT ASSOCIATION
Tax-exempt · CHESTER, SC 29706
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $84,282 | $299,339 | -$215,057 | $758,131 | $0 | $758,131 |
| December 31, 2024 | 990 | $108,075 | $220,182 | -$112,107 | $973,188 | $0 | $973,188 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $88,966
- Program service revenue
- $0
- Investment income
- -$4,684
- Net gain from sales of assets
- -$8,491
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,863
- Depreciation
- $1,408
- Program services (functional)
- $295,351
- Management and general (functional)
- $3,988
Balance sheet and other
- Total assets, start of year
- $973,188
- Total assets, end of year
- $758,131
- Total liabilities, end of year
- $0
- Net assets, end of year
- $758,131
- Land, buildings and equipment
- $4
- Gross receipts
- $99,774
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1963
- 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 |
|---|---|---|---|
| TONY POPE | PRESIDENT Officer | 3.5 | $0 |
| JIM BENNETT | TREASURER Officer | 3.5 | $0 |
| HAL STONE | SECRETARY Officer | 3.5 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARLA FRENCH | PRESIDENT Officer | 3.5 | $0 |
| JIM BENNETT | TREASURER Officer | 3.5 | $0 |
| HAL STONE | SECRETARY Officer | 3.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 256, CHESTER, SC 29706-0256
- In care of
- % JIM BENNETT
- Principal officer (990 for 2025)
- JIM BENNETT, PO BOX 256, CHESTER, SC 29706
- Signed the 990
- JIM BENNETT, TREASURER
- Phone
- (803) 385-5102
- Return prepared by
- SMITH & HOWARD ADVISORY LLC
Mission
TO DEVELOP AN ECONOMIC STRATEGY TO GUIDE AND SHAPE THE LOCAL CHESTER COUNTY ECONOMY; PROMOTE AND ASSIST IN THE GROWTH AND DEVELOPMENT OF BUSINESS AND INDUSTRY CONCERNS, INCLUDING SMALL BUSINESS WITHIN CHESTER COUNTY; AND TO ENGAGE IN THOSE ACTIVITIES WHICH ARE IN FURTHERANCE OF, OR RELATED TO, THE PURPOSES HEREIN STATED. THE OBJECTIVE OF THE CORPORATION SHALL BE TO BENEFIT CHESTER COUNTY ECONOMICALLY BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND BY EXPANSION OF BUSINESS AND INDUSTRY; THEREBY, LESSENING THE BURDENS OF GOVERNMENT AND COMBATTING COMMUNITY DETERIORATION.
Program accomplishments
- PROMOTING ECONOMIC GROWTH AND DEVELOPMENT IN CHESTER COUNTYExpenses $295,351 · revenue $84,282
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
- 57-0681166
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $758,131
- Income (IRS master file)
- $99,774
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $103,126 | $67,819 | $1,085,295 | IRS |
| 990 | December 2022 | $81,623 | $149,448 | $1,049,988 | IRS |
| 990 | December 2021 | $74,269 | $36,169 | $1,117,813 | 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 CHESTER DEVELOPMENT ASSOCIATION
- What is the EIN of CHESTER DEVELOPMENT ASSOCIATION?
- The employer identification number (EIN) of CHESTER DEVELOPMENT ASSOCIATION is 57-0681166.
- Is CHESTER DEVELOPMENT ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2011.
- Are donations to CHESTER DEVELOPMENT ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CHESTER DEVELOPMENT ASSOCIATION 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 CHESTER DEVELOPMENT ASSOCIATION 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 CHESTER DEVELOPMENT ASSOCIATION 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 CHESTER DEVELOPMENT ASSOCIATION?
- The 990 for the year ended December 31, 2025 names JIM BENNETT.
- Who are the officers and directors of CHESTER DEVELOPMENT ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CHESTER DEVELOPMENT ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $84,282, expenses of $299,339 and total assets of $758,131 at year end.
Other nonprofits in CHESTER
- CHESTER FACILITIES CORPORATION EIN 45-4977308 · last filed 990 for 2025
- CHESTER CITIZENS ALLIANCE INC EIN 27-2548553 · last filed 990-EZ for 2025
- WEST CHESTER COMMUNITY CENTER EIN 30-0594436 · last filed 990-N for 2025
- ACADEMY FOR TEACHING & LEARNING OF THE CHESTER COUNTY SCHOOL DISRICT EIN 13-4302352 · last filed 990 for 2025
- CHESTER HEALTHCARE FOUNDATION EIN 25-1913269 · last filed 990 for 2025
- CHESTER COUNTY COMMISSION ON ALCOHOL AND DRUG ABUSE EIN 57-0610928 · last filed 990 for 2025
- SENIOR SERVICES INC OF CHESTER COUNTY EIN 57-0571243 · last filed 990 for 2025
- HORIZONS CHRISTIAN ACADEMY EIN 57-1102644 · last filed 990 for 2025
All nonprofits in CHESTER · South Carolina · Community improvement and capacity building