Overview
What is Central Carolina Economic Development Alliance?
Central Carolina Economic Development Alliance is a nonprofit organization situated in Columbia, South Carolina. With a team of 12 dedicated individuals, their primary mission is to stimulate economic growth and facilitate job creation in Central South Carolina. They achieve this by promoting the region as an attractive business location, assisting surrounding counties in formulating and executing development programs. The Alliance also engages in voluntary financial and manpower contributions to further their objectives, ultimately working towards the economic expansion of the region.
Official website here: www.centralsc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
The Central Carolina Economic Development Alliance has earned an 88% rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score indicates a strong emphasis on maintaining transparency and sound financial practices, with a focus on responsible management of resources.
Strengths noted in the rating include an entirely independent board of directors, robust financial oversight, and a high program expense ratio of 86.31%. These factors suggest that the organization is effectively prioritizing its mission and utilizing funds towards impactful programs. Additionally, the presence of several key policies, such as a conflict of interest policy and proper documentation practices, reinforces its commitment to governance.
However, the organization has been marked down for missing a whistleblower policy, which could enhance its accountability framework. While this is a limitation, the overall assessment highlights a well-managed nonprofit that demonstrates a commitment to its financial responsibilities and ethical governance.
This AI summary has been generated from information found on Charity Navigator.
Is Central Carolina Economic Development Alliance legitimate?
Central Carolina Economic Development Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Carolina Economic Development Alliance 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: $267,806
Professional Fundraising Fees: $0
Other Salaries and Wages: $480,173
For more financial information, click here
Official website here: www.centralsc.org
What is the mission statement of Central Carolina Economic Development Alliance?
The Central Carolina Economic Development Alliance's mission is to stimulate economic expansion and facilitate job creation in the region. They achieve this by promoting Central South Carolina as an attractive location for businesses, utilizing voluntary financial and manpower resources. The alliance is organized to encourage economic development by assisting surrounding counties in formulating and promoting programs to achieve this objective.
Official website here: www.centralsc.org
Who is the CEO of Central Carolina Economic Development Alliance?
Tracy K Mcmillin is the Trustee of Central Carolina Economic Development Alliance. The CEO's salary of Central Carolina Economic Development Alliance is $49,700 and their total compensation is $49,700.
Official website here: www.centralsc.org
What is the revenue of Central Carolina Economic Development Alliance?
Central Carolina Economic Development Alliance's revenue in 2022 was $1,991,881.
Official website here: www.centralsc.org
Who are the executives of Central Carolina Economic Development Alliance and what are their salaries?
The average compensation at Central Carolina Economic Development Alliance during 2022 was $62,332. There are 12 employees at Central Carolina Economic Development Alliance.
Here are 37 key members and their salaries (Central Carolina Economic Development Alliance's CEO's salary is $49,700 and their total compensation is $49,700):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $265,282
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $49,700
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $115,903
- Related: $0
- Other: $0
- Compensation: $103,474
- Related: $0
- Other: $0
Official website here: www.centralsc.org
Where can I find the form 990 for Central Carolina Economic Development Alliance?
Central Carolina Economic Development Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centralsc.org
Learn more at the official website: www.centralsc.org
Mission Statement of Central Carolina Economic Development Alliance
Central Carolina Economic Development Alliance, a volunteer-driven organization, is committed to stimulating economic expansion and facilitating job creation in Central South Carolina. By promoting the region as an attractive location for businesses, the Alliance aims to contribute to the overall economic development of the area. The Alliance achieves this by encouraging the surrounding counties to develop and promote programs that align with this goal. By assisting in the formulation and promotion of these programs, the Alliance plays a crucial role in making Central South Carolina an attractive destination for businesses, ultimately leading to job creation and economic growth.
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
July, 2024
The Central Carolina Economic Development Alliance plays a pivotal role in stimulating economic expansion and facilitating job creation in Central South Carolina. By promoting the region as a valuable location for businesses, the Alliance contributes to the growth and development of the local community. Through its efforts in formulating and promoting programs for economic development, the Alliance actively works towards enhancing the economic landscape of Central South Carolina, ultimately leading to a more prosperous and thriving region.
This information is meant to be a general summary of Central Carolina Economic Development Alliance. 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: $572
- Gross Receipts: $2,053,267
Assets and Liabilities:
- Total Assets: $3,347,503
- Total Liabilities: $98,336
- Net Assets: $3,249,167
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1994
Phone
(803) 733-1131Principal Officer
Tracy K Mcmillin
Main Address
1201 MAIN STREET 100, COLUMBIA, SC, 29201
Website
www.centralsc.orgNTEE Category
Code: S30Z - Community improvement
If you are a representative of Central Carolina Economic Development Alliance 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.