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Grand Strand Business Alliance

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200962146 ✦ Myrtle beach, SC ✦ Designated as a 501(c)(6)

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Overview

What is Grand Strand Business Alliance?

The Grand Strand Business Alliance is a nonprofit organization situated in Myrtle Beach, South Carolina. Their primary mission is to cultivate and foster the expansion of commercial and business activities in the Grand Strand region. By promoting awareness and stimulating growth, they aim to contribute positively to the local economy and community. The organization operates from a post office box and serves as a catalyst for business development in the specified region.

Is Grand Strand Business Alliance legitimate?

Grand Strand Business Alliance is a legitimate nonprofit organization registered as a 501(c)(6) entity. Grand Strand Business Alliance 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Grand Strand Business Alliance?

The Grand Strand Business Alliance's mission is centered around promoting, fostering awareness, and stimulating the growth of business and commercial activity within a specific region. Specifically, their focus is on the Grand Strand region of South Carolina. As part of their mission, they actively work towards advancing business development and commercial activities in this region.

What is the revenue of Grand Strand Business Alliance?

Grand Strand Business Alliance's revenue in 2024 was $648,832.

Who are the executives of Grand Strand Business Alliance and what are their salaries?

Here are 4 key members and their salaries:


Steve Chapman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Cox (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shep Guyton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Mcgonigal (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grand Strand Business Alliance?

Grand Strand Business Alliance's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Grand Strand Business Alliance

The Grand Strand Business Alliance, a notable entity, is committed to promoting, fostering awareness, and stimulating the growth of business and commercial activity in the Grand Strand region of South Carolina. This nonprofit organization's mission is geared towards encouraging a thriving business environment, thereby driving economic growth in the specified region. By actively promoting and stimulating commercial activities, the Grand Strand Business Alliance plays a significant role in bolstering the local economy.

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Impact




October, 2024

The Grand Strand Business Alliance significantly impacts the business landscape of the Grand Strand region in South Carolina by enhancing awareness and stimulating growth in commercial activities. By fostering a collaborative environment among local businesses, the Alliance plays a crucial role in promoting economic development, attracting new enterprises, and supporting existing ones.

Through various initiatives, the Alliance encourages networking and partnership opportunities, enabling businesses to share resources and capitalize on market trends. This not only strengthens individual businesses but also contributes to a more vibrant economic community. The results are evident in increased commercial activity and improved local economic health, which ultimately benefits residents and visitors alike.

The Alliance's commitment to promoting awareness further elevates the region's profile as a destination for investment and tourism, encouraging diverse industries to thrive. As a catalyst for community improvement, the Grand Strand Business Alliance drives sustainable growth and enhances the overall quality of life in Myrtle Beach and surrounding areas.




This information is meant to be a general summary of Grand Strand Business Alliance. 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.

Revenue
$648,832 (2024)
Expenses
$459,294 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $14,849
  • Gross Receipts: $648,832

Assets and Liabilities:

  • Total Assets: $88,222
  • Total Liabilities: $1,969
  • Net Assets: $86,253

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Organization Details

Founding Year

2004

Principal Officer

Steve Chapman

NTEE Category

Code: S41 - Community improvement

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