Folly Association Of Business

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

EIN: 570870145 ✦ Folly beach, SC ✦ Designated as a 501(c)(6)

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Overview

What is Folly Association Of Business?

The Folly Association of Business is a nonprofit organization situated in Folly Beach, South Carolina. Its primary mission is to enhance the appeal of the local business area and boost tourism. This is achieved through various initiatives such as revamping business property and streets, installing updated street signs, and improving the landscaping and frontage of the Folly Beach area. The association also aims to promote business growth and attract more visitors to the region.

Is Folly Association Of Business legitimate?

Folly Association Of Business is a legitimate nonprofit organization registered as a 501(c)(6) entity. Folly Association Of Business 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 Folly Association Of Business?

The Folly Association of Business is dedicated to promoting business and tourism in its respective area. This organization actively works towards enhancing the aesthetic appeal of the business properties and streets, installing updated signs, landscaping, and improving frontage. Additionally, the association strives to boost tourism by enhancing the overall appearance of the area, thereby attracting more visitors and potential customers.

Who is the CEO of Folly Association Of Business?

Jeannie Fanjoy is the President of Folly Association Of Business.

What is the revenue of Folly Association Of Business?

Folly Association Of Business's revenue in 2022 was $153,614.

Who are the executives of Folly Association Of Business and what are their salaries?

There 75 volunteers at Folly Association Of Business.


Here are 4 key members and their salaries:


Vince Perna (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Soraya Mckay (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Giulia Zito (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannie Fanjoy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Folly Association Of Business?

Folly Association Of Business's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Folly Association Of Business

The Folly Association of Business is committed to fostering business growth and tourism in its designated area. This nonprofit organization embodies a mission to enhance the aesthetic appeal of local businesses and public spaces. Through initiatives such as updated street signs, landscaping, and frontage improvements, the Folly Association of Business works diligently to beautify the Folly Beach area, making it more attractive to both residents and tourists alike. The ultimate goal of this association is to stimulate economic growth and development within the Folly Beach community by promoting business and tourism activities.

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Impact




October, 2024

The Folly Association of Business significantly enhances the community of Folly Beach, South Carolina, through its commitment to promoting local businesses and tourism. By focusing on the beautification of business properties and public spaces, the organization improves the overall aesthetic appeal of the area, making it more inviting for residents and visitors alike.

Efforts such as updating street signs, landscaping, and enhancing the visibility of businesses contribute to a vibrant community atmosphere. This not only encourages local economic growth but also fosters a sense of pride among residents. The association's initiatives help create a more welcoming environment that ultimately increases foot traffic, benefiting local businesses and boosting tourism. By prioritizing community improvement, the Folly Association of Business plays a vital role in ensuring the long-term sustainability and attractiveness of Folly Beach as a destination.




This information is meant to be a general summary of Folly Association Of Business. 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
$153,614 (2022)
Expenses
$124,193 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,252
  • Gross Receipts: $293,676

Assets and Liabilities:

  • Total Assets: $217,695
  • Total Liabilities: $0
  • Net Assets: $217,695

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Programs

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

MEMBERSHIP DUES

Revenue

$2,252

Organization Details

Founding Year

1989

Principal Officer

Jeannie Fanjoy

Main Address

PO BOX 1816, FOLLY BEACH, SC, 29439

NTEE Category

Code: S30 - Community improvement

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