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Seneca Facilities Corporation

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

EIN: 320383786 ✦ Seneca, SC ✦ Designated as a 501(c)(3)

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Overview

What is Seneca Facilities Corporation?

Seneca Facilities Corporation is a nonprofit organization situated in Seneca, South Carolina, with a mission to stimulate and support the retention of existing businesses and industries, as well as the establishment of new ones, in economically disadvantaged areas within the city. By doing so, they aim to foster growth and development in these areas, ultimately contributing to the city's overall prosperity.

Is Seneca Facilities Corporation legitimate?

Seneca Facilities Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seneca Facilities Corporation 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 Seneca Facilities Corporation?

Seneca Facilities Corporation is an organization dedicated to fostering the growth of businesses and industries, both existing and new. Its primary objective is to promote and encourage the retention of existing businesses and industries, as well as the establishment of new ones, in economically distressed areas. By doing so, the corporation aims to contribute positively to the local economy and create opportunities for employment and development.

Who is the CEO of Seneca Facilities Corporation?

Scott Moulder is the President of Seneca Facilities Corporation.

What is the revenue of Seneca Facilities Corporation?

Seneca Facilities Corporation's revenue in 2021 was $1,078,906.

Who are the executives of Seneca Facilities Corporation and what are their salaries?


Here are 5 key members and their salaries:


Scott Moulder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert W Faires Iii (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Riches (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward R Halbig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Seneca Facilities Corporation?

Seneca Facilities Corporation's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Seneca Facilities Corporation

Seneca Facilities Corporation, a notable entity, is committed to fostering the retention of existing businesses and industries, as well as encouraging the establishment of new ones, in economically distressed areas. This mission is geared towards revitalizing and strengthening the economic landscape, thereby contributing to the overall development of the community. By promoting and encouraging business growth in these areas, Seneca Facilities Corporation aims to stimulate local job creation, improve infrastructure, and enhance the overall economic well-being of the community.

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Impact




October, 2024

Seneca Facilities Corporation plays a crucial role in revitalizing economically distressed areas of Seneca, South Carolina, by promoting the retention of existing businesses and encouraging the establishment of new industries. This focus on local economic development fosters a supportive environment for businesses, helping to stabilize and grow the local economy. The corporation's initiatives contribute to job creation, enhance community resources, and improve the overall quality of life for residents. By strengthening the business landscape, Seneca Facilities Corporation helps to drive investment and innovation, ensuring that Seneca remains a vibrant and sustainable community.




This information is meant to be a general summary of Seneca Facilities Corporation. 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
$1,078,906 (2021)
Expenses
$1,083,028 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $1,299
  • Program Service Revenue: $1,070,107
  • Gross Receipts: $1,078,906

Assets and Liabilities:

  • Total Assets: $8,446,652
  • Total Liabilities: $5,167,952
  • Net Assets: $3,278,700

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LEASE INCOME

Revenue

$915,490

TRANSFER G/F

Revenue

$127,431

OTHER FINANCING SOURCE

Revenue

$27,186

Organization Details

Founding Year

2012

Principal Officer

Scott Moulder

Main Address

221 EAST NORTH FIRST STREET, SENECA, SC, 29678

NTEE Category

Code: S30 - Community improvement

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