Overview
What is Lee And Sumter County Alliance Thelink?
Lee And Sumter County Alliance Thelink is a nonprofit organization located in Sumter, South Carolina, specifically at 32 E Calhoun St. Their primary mission is to promote and support economic development in Lee and Sumter counties. This is achieved by targeting specific business sectors and working collaboratively with both public and private sector organizations. Their objective is to increase the number of industrial prospects and boost the volume of economic transactions in Lee County. They aim to position and market the assets of Lee and Sumter counties effectively, enabling them to compete successfully in the global market for business investments.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 67%)
The Lee And Sumter County Alliance Thelink has received a Two-Star rating from Charity Navigator, indicating that it has significant room for improvement, particularly in its accountability and financial transparency. With a total score of 67%, the organization demonstrates strong indicators of independent oversight, including a fully independent board, but lacks in essential documentation practices like financial statements, policies regarding conflicts of interest, and whistleblower protections.
Among its strengths, the organization allocates a high percentage of its expenses to its programs, with a program expense ratio of 95.01%. This suggests a commitment to its mission and effective use of funds. However, the absence of critical financial documentation and policies raises concerns about its operational transparency and governance practices, which are essential for stakeholder trust.
Overall, while the organization shows promising programmatic efficiency, the lack of financial transparency and governance measures could hinder its long-term sustainability and reputation. Addressing these gaps could greatly enhance its standing in the nonprofit sector and improve stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Lee And Sumter County Alliance Thelink legitimate?
Lee And Sumter County Alliance Thelink is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lee And Sumter County Alliance Thelink 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
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What is the mission statement of Lee And Sumter County Alliance Thelink?
The mission of Lee And Sumter County Alliance Thelink is centered around enhancing economic prospects in their region. Their primary goal is to boost the number of potential industrial prospects and increase the volume of business deals in the area. To achieve this, they work diligently to position and market the assets of both Lee and Sumter Counties, enabling them to compete effectively in the global market for business investments. They support the economic development activities of both public and private sector organizations by offering marketing services and resources.
Who is the CEO of Lee And Sumter County Alliance Thelink?
Jay Davis is the Member of Lee And Sumter County Alliance Thelink.
What is the revenue of Lee And Sumter County Alliance Thelink?
Lee And Sumter County Alliance Thelink's revenue in 2022 was $1,563,627.
Who are the executives of Lee And Sumter County Alliance Thelink and what are their salaries?
There 7 volunteers at Lee And Sumter County Alliance Thelink.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Lee And Sumter County Alliance Thelink?
Lee And Sumter County Alliance Thelink's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lee And Sumter County Alliance Thelink
The Lee And Sumter County Alliance Thelink is an organization with a mission to position and market the assets of Lee and Sumter Counties in South Carolina, enabling them to compete effectively for global business investment. By doing so, their primary goal is to increase the number of industrial prospects and the volume of economic deal flow within Lee County. To achieve this, they engage in marketing efforts directed at specific business sectors and offer support to the economic development activities of both public and private sector organizations. By successfully carrying out these tasks, Lee And Sumter County Alliance Thelink aims to contribute to the overall growth and development of the region's economy.
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Impact
July, 2024
Lee And Sumter County Alliance Thelink's impact lies in its efforts to increase the number of industrial prospects and volume of economic deal flow in Lee County. The organization, based in Sumter, South Carolina, works to market Lee and Sumter counties to targeted business sectors and provide support to the economic development activities of both public and private sector organizations. Their mission is to position and market the assets of Lee and Sumter counties in South Carolina to compete successfully for global business investment. Through these initiatives, they contribute to community improvement and economic growth in the region.
This information is meant to be a general summary of Lee And Sumter County Alliance Thelink. 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 2022.
- Investment Income: $127
- Gross Receipts: $1,563,627
Assets and Liabilities:
- Total Assets: $3,445,181
- Total Liabilities: $0
- Net Assets: $3,445,181
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Organization Details
Founding Year
2014
Phone
(803) 905-4000Principal Officer
Jay Davis
Main Address
32 E CALHOUN ST, SUMTER, SC, 29150
NTEE Category
Code: S30 - Community improvement
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