Overview
What is Charleston Digital Corridor Foundation?
The Charleston Digital Corridor Foundation is a nonprofit organization situated in Charleston, South Carolina. Its primary goal is to bolster Charleston's knowledge-driven economy by attracting, fostering, and promoting businesses within this sector. The foundation offers a professional workspace, known as the Flagship, which allows entrepreneurs to solely focus on growing their businesses while benefiting from cost-effective enterprise-class services and flexible lease terms. With a team of four individuals, the foundation serves as a supportive network for local knowledge-based enterprises, contributing to the growth and development of the Charleston economy.
Official website here: www.charlestondigitalcorridor.com
What do the Facebook reviews say about Charleston Digital Corridor Foundation?
100% of 13 reviewers on Facebook recommend the Charleston Digital Corridor Foundation. Here is a summary of their reviews:
The nonprofit is seen as a vibrant hub of creativity and innovation, with users expressing enthusiasm about the talents and ideas that emerge from the organization. Many appreciate the dynamic environment, highlighting a strong sense of progress and development among its members.
Overall, the sentiment is overwhelmingly positive, with individuals feeling inspired by the collaborative spirit fostered by the foundation. Participants seem to value the support and opportunities available, further confirming the nonprofit's commitment to nurturing growth within the community.
This AI summary has been generated from reviews found on Facebook.
Is Charleston Digital Corridor Foundation legitimate?
Charleston Digital Corridor Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Charleston Digital Corridor Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $198,225
Professional Fundraising Fees: $0
Other Salaries and Wages: $87,285
For more financial information, click here
Official website here: www.charlestondigitalcorridor.com
What is the mission statement of Charleston Digital Corridor Foundation?
The Charleston Digital Corridor Foundation's mission is centered around fostering Charleston's knowledge-based economy. This involves attracting, nurturing, and promoting businesses within this sector. To accomplish this, they provide a professional environment for companies, allowing them to focus solely on developing and growing their enterprises. They offer enterprise-class business services at affordable rates and flexible terms, thereby facilitating the growth of these businesses. In essence, the foundation's role is to support and advance the growth of the knowledge-based economy in an economical and flexible manner.
Official website here: www.charlestondigitalcorridor.com
Who is the CEO of Charleston Digital Corridor Foundation?
Ernest Andrade is the Chairman & Treasurer of Charleston Digital Corridor Foundation.
Official website here: www.charlestondigitalcorridor.com
What is the revenue of Charleston Digital Corridor Foundation?
Charleston Digital Corridor Foundation's revenue in 2021 was $1,856,948.
Official website here: www.charlestondigitalcorridor.com
Who are the executives of Charleston Digital Corridor Foundation and what are their salaries?
The average compensation at Charleston Digital Corridor Foundation during 2021 was $71,378. There are 4 employees and 35 volunteers at Charleston Digital Corridor Foundation.
Here are 8 key members and their salaries:
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- Compensation: $192,500
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- Other: $5,775
Official website here: www.charlestondigitalcorridor.com
Where can I find the form 990 for Charleston Digital Corridor Foundation?
Charleston Digital Corridor Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.charlestondigitalcorridor.com
Learn more at the official website: www.charlestondigitalcorridor.com
Mission Statement of Charleston Digital Corridor Foundation
The Charleston Digital Corridor Foundation is committed to fostering Charleston's knowledge-based economy. This nonprofit organization seeks to attract, nurture, and promote businesses within this sector, providing them with an opportunity to thrive. Their flagship offering, a professional workspace, allows entrepreneurs to focus solely on growing their businesses without the distractions of managing a physical office. By offering enterprise-class business services at affordable rates and flexible terms, the Charleston Digital Corridor Foundation empowers these businesses to succeed.
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Impact
October, 2024
The Charleston Digital Corridor Foundation has significantly contributed to the growth of Charleston's knowledge-based economy by creating an environment conducive to business development. Through its flagship offering, it provides companies with a full-service, professional workspace that allows owners to concentrate on expanding their enterprises. This initiative includes enterprise-class business services at competitive rates and flexible terms, fostering an atmosphere where startups can thrive. The Foundation's commitment to nurturing local talent and promoting innovation has not only attracted new businesses but has also enhanced community improvement, making Charleston a vibrant hub for technology and creativity.
This information is meant to be a general summary of Charleston Digital Corridor Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $14,915
- Program Service Revenue: $1,059,014
- Gross Receipts: $2,177,364
Assets and Liabilities:
- Total Assets: $3,145,091
- Total Liabilities: $134,653
- Net Assets: $3,010,438
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FLAGSHIP/FS2
Revenue
$999,224
COMMUNITY
Revenue
$58,521
TALENT
Revenue
$1,269
Organization Details
Founding Year
2004
Phone
(843) 579-7508Principal Officer
Ernest Andrade
Main Address
997 MORRISON DRIVE STE 200, CHARLESTON, SC, 29403
NTEE Category
Code: S41 - Community improvement
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