Santee-Lynches Regional Development Corporation

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

EIN: 570751756 ✦ Sumter, SC ✦ Designated as a 501(c)(4)

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Overview

What is Santee-Lynches Regional Development Corporation?

Santee-Lynches Regional Development Corporation, located in Sumter, South Carolina (2525 Corporate Way No 200), is a dedicated nonprofit organization. Their primary mission is to stimulate employment opportunities by fostering the expansion of existing businesses and industries, attracting new ones, and supporting activities that contribute to tax-based growth. To achieve this, they have acquired and demolished blighted properties to uplift neighborhoods and enhance the local tax base, thereby attracting potential businesses.


Official website here: www.santeelynchescog.org

Is Santee-Lynches Regional Development Corporation legitimate?

Santee-Lynches Regional Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Santee-Lynches Regional Development 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


Official website here: www.santeelynchescog.org

What is the mission statement of Santee-Lynches Regional Development Corporation?

The Santee-Lynches Regional Development Corporation has a mission to stimulate job growth in the region. This is achieved by expanding existing businesses and industries, attracting new ones, and focusing on activities that contribute to tax-based expansion. Their initiatives directly support the creation of employment opportunities. Furthermore, the corporation acquires rights to blighted properties and demolishes them to enhance neighborhoods, which in turn aids in attracting new businesses and boosts the local tax base.


Official website here: www.santeelynchescog.org

Who is the CEO of Santee-Lynches Regional Development Corporation?

Dennis Cyphers is the Director of Santee-Lynches Regional Development Corporation.


Official website here: www.santeelynchescog.org

What is the revenue of Santee-Lynches Regional Development Corporation?

Santee-Lynches Regional Development Corporation's revenue in 2021 was -$125,769.


Official website here: www.santeelynchescog.org

Who are the executives of Santee-Lynches Regional Development Corporation and what are their salaries?


Here are 15 key members and their salaries:


George Kosinski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfred Mae Drakeford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Kinard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Legrand Benson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drake Mccormick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Boykin (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Graham (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Smith (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Mckinney (Executive Director (Former))
  • Compensation: $0
  • Related: $130,339
  • Other: $0
Areatha Clark (Interim Executive Director)
  • Compensation: $0
  • Related: $87,500
  • Other: $0


Official website here: www.santeelynchescog.org

Where can I find the form 990 for Santee-Lynches Regional Development Corporation?

Santee-Lynches Regional Development Corporation's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.santeelynchescog.org

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

Mission Statement of Santee-Lynches Regional Development Corporation

Santee-Lynches Regional Development Corporation, a nonprofit organization, is dedicated to fostering an increase in employment opportunities. They achieve this objective through various means, including the expansion of existing businesses and industries, attracting new enterprises, and supporting activities that contribute to tax-based growth. The corporation's mission is to nurture a thriving economic landscape, thereby providing more job prospects for the community.

In pursuit of its mission, Santee-Lynches Regional Development Corporation takes an active role in improving neighborhoods. They acquire rights to blighted properties and undertake demolitions, transforming these areas into more appealing and conducive environments. This process not only enhances the aesthetic appeal of the neighborhoods but also makes them more attractive to potential businesses, thereby contributing to the attraction of new industries and enterprises. By doing so, the corporation plays a pivotal role in improving the tax base of the community.

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Impact




October, 2024

Santee-Lynches Regional Development Corporation significantly impacts the local economy by fostering employment opportunities through initiatives aimed at expanding and attracting businesses. By focusing on both the growth of existing industries and the recruitment of new enterprises, the organization plays a crucial role in enhancing the area's economic landscape.

The corporation actively engages in revitalizing communities by acquiring blighted properties, demolishing dilapidated structures, and thereby improving neighborhoods. This not only enhances the aesthetic appeal of the area but also creates a conducive environment for new businesses to thrive, ultimately contributing to an increased tax base.

Located in Sumter, South Carolina, Santee-Lynches is dedicated to community improvement and economic development. Its strategic efforts in business attraction and expansion directly correlate with job creation, thus providing a sustainable economic future for the region.




This information is meant to be a general summary of Santee-Lynches Regional Development 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
-$125,769 (2021)
Expenses
$124,743 (2021)
Efficiency

Other financial information:

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

  • Investment Income: -$1,119,163
  • Program Service Revenue: $135,464
  • Gross Receipts: $2,664,004

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

PROGRAM REVENUE

Revenue

$135,464

Organization Details

Founding Year

1983

Principal Officer

Dennis Cyphers

Main Address

2525 CORPORATE WAY NO 200, SUMTER, SC, 29154

NTEE Category

Code: S31 - Community improvement

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