nonprofit logo

South Carolina Council On Competitiveness

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

EIN: 201690146 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is South Carolina Council On Competitiveness?

The South Carolina Council On Competitiveness is a nonpartisan, business-led non-profit organization situated in Columbia, South Carolina. With a dedicated team of six individuals, their primary mission is to foster the economic competitiveness of South Carolina. They accomplish this through thorough research, advocating for and supporting industry clusters, and implementing education and workforce development initiatives. By doing so, they aim to ensure South Carolina's long-term competitiveness in the broader economic landscape.


Official website here: www.sccompetes.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The South Carolina Council On Competitiveness has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an overall score of 96%, the organization excels particularly in governance, with 90% of its board members being independent. This level of independence is crucial for effective oversight and transparency, which the charity demonstrates through its robust financial practices.

In terms of financial health, the council maintains a low liabilities to assets ratio of 7.11%, indicating a solid financial footing. The high program expense ratio of 90.60% suggests that a significant portion of its expenditures directly supports its initiatives, reinforcing its commitment to fulfilling its mission. Additionally, the organization has implemented essential policies such as conflict of interest and whistleblower protections, further enhancing its governance framework.

While the data showcases numerous strengths, no specific limitations or concerns were noted in the feedback. Overall, the South Carolina Council On Competitiveness stands out as a responsible and effective nonprofit organization with a strong commitment to accountability and impactful programming.


This AI summary has been generated from information found on Charity Navigator.

Is South Carolina Council On Competitiveness legitimate?

South Carolina Council On Competitiveness is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Carolina Council On Competitiveness 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: $38,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $427,910

For more financial information, click here


Official website here: www.sccompetes.org

What is the mission statement of South Carolina Council On Competitiveness?

The South Carolina Council On Competitiveness is a nonpartisan, business-led non-profit organization committed to enhancing South Carolina's long-term competitiveness. They achieve this goal through actionable research, supporting industry clusters, and education and workforce development initiatives. Their mission is to advance the economic competitiveness of the state by conducting research, aiding in the growth of industry sectors, and implementing education and workforce development programs. The organization works to identify and address the state's competitive challenges, fostering an environment that encourages business growth and job creation.


Official website here: www.sccompetes.org

Who is the CEO of South Carolina Council On Competitiveness?

Sue Ann Shannon is the President & Ceo of South Carolina Council On Competitiveness. The CEO's salary of South Carolina Council On Competitiveness is $33,000 and their total compensation is $33,000.


Official website here: www.sccompetes.org

What is the revenue of South Carolina Council On Competitiveness?

South Carolina Council On Competitiveness's revenue in 2022 was $2,497,531.


Official website here: www.sccompetes.org

Who are the executives of South Carolina Council On Competitiveness and what are their salaries?

The average compensation at South Carolina Council On Competitiveness during 2022 was $77,652. There are 6 employees and 129 volunteers at South Carolina Council On Competitiveness.


Here are 10 key members and their salaries (South Carolina Council On Competitiveness's CEO's salary is $33,000 and their total compensation is $33,000):


Sue Ann Shannon (President & Ceo)
  • Compensation: $33,000
  • Related: $0
  • Other: $0
Paula Harper Bethea (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Blanchard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Herriott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Lackey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lumpkin Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Wolfe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
M William Youngblood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Edward Sellers (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel A Smith Iii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sccompetes.org

Where can I find the form 990 for South Carolina Council On Competitiveness?

South Carolina Council On Competitiveness's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sccompetes.org

Learn more at the official website: www.sccompetes.org

Mission Statement of South Carolina Council On Competitiveness

The South Carolina Council On Competitiveness is a nonpartisan, business-led non-profit organization that is committed to enhancing the long-term competitiveness of South Carolina. Their mission is to achieve this by conducting actionable research, supporting industry clusters, and initiating education and workforce development programs. This organization works tirelessly to improve the economic competitiveness of the state of South Carolina, focusing on research, industry support, and educational and workforce development initiatives. By doing so, the South Carolina Council On Competitiveness aims to contribute positively to the state's overall economic growth and success.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




August, 2024

The South Carolina Council on Competitiveness plays a crucial role in advancing the economic competitiveness of South Carolina. Through actionable research, support for industry clusters, and education and workforce initiatives, the Council works to enhance the long-term competitiveness of the state. Its efforts contribute to the overall growth and prosperity of South Carolina, impacting various sectors of the economy and supporting community improvement.




This information is meant to be a general summary of South Carolina Council On Competitiveness. 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
$2,497,531 (2022)
Expenses
$2,295,558 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $333
  • Gross Receipts: $2,497,531

Assets and Liabilities:

  • Total Assets: $3,212,326
  • Total Liabilities: $455,160
  • Net Assets: $2,757,166

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2004

Principal Officer

Sue Ann Shannon

Main Address

1411 GERVAIS STREET 450, COLUMBIA, SC, 29201

NTEE Category

Code: S30 - Community improvement

If you are a representative of South Carolina Council On Competitiveness and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.