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Nonprofit · EIN 57-0704763

GREENVILLE LOCAL DEVELOPMENT CORPORATION

Tax-exempt · GREENVILLE, SC 29601

Financials

$256K$259K2022$651K$295K2023$613K$622K2024
Revenue Expenses · by fiscal year end
Financials of GREENVILLE LOCAL DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$613,112$621,979-$8,867$9,048,669$0$9,048,669
June 30, 2024990$650,953$294,652$356,301$9,057,536$0$9,057,536
June 30, 2023990$255,894$258,963-$3,069$8,701,235$0$8,701,235
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$100,000
Investment income
$60,171
Net gain from sales of assets
-$125,000
Other revenue
$452,941

Expenses

Grants and similar amounts paid
$578,918
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$400
Accounting fees
$5,080
Program services (functional)
$616,499
Management and general (functional)
$5,480

Balance sheet and other

Total assets, start of year
$9,057,536
Total assets, end of year
$9,048,669
Total liabilities, end of year
$0
Net assets, end of year
$9,048,669
Net assets without donor restrictions
$6,474,948
Net assets with donor restrictions
$2,573,721
Gross receipts
$738,112
Employees
0
Year formed
1979
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 / weekCompensation
MELANIE BROWNDIRECTOR
Trustee or director
1$0
RUSS DAVISDIRECTOR
Trustee or director
1$0
ANNE ELLEFSONDIRECTOR
Trustee or director
1$0
KYLIE FELKERDIRECTOR
Trustee or director
1$0
MARCHIE HEPNERVICE PRESIDE
Trustee or director, Officer
1$0
SAM KONDUROSDIRECTOR
Trustee or director
1$0
ANDREW KURTZDIRECTOR
Trustee or director
1$0
CHARLES MICKELDIRECTOR
Trustee or director
1$0
MIKE PANASKOASST SEC/TRE
Trustee or director, Officer
1$0
TAMMY PROPSTDIRECTOR
Trustee or director
1$0
PETER WALDSCHMIDTSECRETARY/TR
Trustee or director, Officer
1$0
BOGUE WALLINPRESIDENT
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
DAVID BARNETTCHAIRMAN
Trustee or director, Officer
1$0
MELANIE BROWNDIRECTOR
Trustee or director
1$0
ANNE ELLEFSONDIRECTOR
Trustee or director
1$0
KYLIE FELKERDIRECTOR
Trustee or director
1$0
MARCHIE HEPNERDIRECTOR
Trustee or director
1$0
JULIO HERNANDEZDIRECTOR
Trustee or director
1$0
ANDREW KURTZDIRECTOR
Trustee or director
1$0
CHARLES MICKELDIRECTOR
Trustee or director
1$0
MIKE PANASKOASST SEC/TRE
Trustee or director, Officer
1$0
PETER WALDSCHMIDTSECRETARY/TR
Trustee or director, Officer
1$0
BOGUE WALLINVICE CHAIRMA
Trustee or director, Officer
1$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensation
DAVID BARNETTCHAIRMAN
Trustee or director, Officer
1$0
MELANIE BROWNDIRECTOR
Trustee or director
1$0
ANNE ELLEFSONDIRECTOR
Trustee or director
1$0
KYLIE FELKERDIRECTOR
Trustee or director
1$0
MARCHIE HEPNERDIRECTOR
Trustee or director
1$0
JULIO HERNANDEZDIRECTOR
Trustee or director
1$0
ANDREW KURTZDIRECTOR
Trustee or director
1$0
CHARLES MICKELDIRECTOR
Trustee or director
1$0
MIKE PANASKOCOO
Trustee or director, Officer
1$0
PETER WALDSCHMIDTSECRETARY/TR
Trustee or director, Officer
1$0
BOGUE WALLINVICE CHAIRMA
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
206 S MAIN ST, GREENVILLE, SC 29601-2832
Principal officer (990 for 2024)
MIKE PANASKO, PO BOX 2207, GREENVILLE, SC 29607
Signed the 990
MIKE PANASKO, ASST SEC/TREASURER
Phone
(864) 467-4573
Return prepared by
COPPER ADVISORS

Mission

THE CORPORATION'S PURPOSE IS TO FURTHER THE ECONOMIC DEVELOPMENT OF THE CITY OF GREENVILLE BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF BUSINESS PARTICULARLY SMALL BUSSINESS WITHIN THE INCORPORAATED LIMITS OF THE CITY.

990 for the year ended June 30, 2025

Program accomplishments

  • THE CORPORATION'S PURPOSE IS TO FURTHER THE ECONOMIC DEVELOPMENT OF THE CITY OF GREENVILLE BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF BUSINESS PARTICULARLY SMALL BUSSINESS WITHIN THE INCORPORATED LIMITS OF THE CITY.
    Expenses $616,499 · grants $578,918
  • THE CORPORATION'S PURPOSE IS TO FURTHER THE ECONOMIC DEVELOPMENT OF THE CITY OF GREENVILLE BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF BUSINESS PARTICULARLY SMALL BUSSINESS WITHIN THE INCORPORAATED LIMITS OF THE CITY.

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
57-0704763
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1980
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,048,669
Income (IRS master file)
$738,112

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$613,112$621,979$9,048,669IRS
990June 2024$650,953$294,652$9,057,536IRS
990June 2023$255,894$258,963$8,701,235XML
990June 2022$3,040,133$172,412$8,704,304IRS
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 57-0704763).

Questions about GREENVILLE LOCAL DEVELOPMENT CORPORATION

What is the EIN of GREENVILLE LOCAL DEVELOPMENT CORPORATION?
The employer identification number (EIN) of GREENVILLE LOCAL DEVELOPMENT CORPORATION is 57-0704763.
Is GREENVILLE LOCAL DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1980.
Are donations to GREENVILLE LOCAL DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GREENVILLE LOCAL DEVELOPMENT CORPORATION 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 GREENVILLE LOCAL 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 GREENVILLE LOCAL 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 GREENVILLE LOCAL DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names MIKE PANASKO.
Who are the officers and directors of GREENVILLE LOCAL DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does GREENVILLE LOCAL DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $613,112, expenses of $621,979 and total assets of $9,048,669 at year end.

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