Overview
What is Southern Carolina Regional - Cdc?
Southern Carolina Regional - Cdc is a nonprofit organization situated in Denmark, South Carolina. Their primary mission is to provide affordable housing for low to moderate-income families and individuals in Bamberg County. By focusing on housing development, economic growth, empowerment, and overall quality of life enhancement, they aim to revitalize the Voorhees College community and the broader Southern Carolina region. Although the information does not specify the number of employees, it is mentioned that they have a small team of two individuals dedicated to this cause.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating. This rating reflects a solid level of accountability and finance management for Southern Carolina Regional - Cdc. The charity has demonstrated strong governance practices, with a fully independent board and excellent scores in areas such as material diversion of assets and conflict of interest policies.
The organization has achieved an impressive program expense ratio of 86.69%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs. This is a positive sign for donors looking for effective use of contributions. The charity also maintains a favorable liabilities to assets ratio of 13.43%, suggesting a stable financial position.
While the overall score is robust, it is derived solely from the Accountability & Finance metrics, leaving out other potential performance indicators such as outcomes and impact. This singular focus may limit a comprehensive understanding of the charity’s effectiveness in fulfilling its mission beyond financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Carolina Regional - Cdc legitimate?
Southern Carolina Regional - Cdc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Carolina Regional - Cdc 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,732
For more financial information, click here
What is the mission statement of Southern Carolina Regional - Cdc?
The mission of the organization, referred to as Southern Carolina Regional - Cdc, is centered around revitalizing communities. It aims to enhance the living conditions of low to moderate income residents, primarily focusing on Bamberg County and the broader Southern Carolina region. This is achieved through various initiatives including housing development, economic development, empowerment, and improving the overall quality of life. The organization also provides quality rental housing for families and individuals in need.
Who is the CEO of Southern Carolina Regional - Cdc?
Merylin M Jackson is the Chairman of Southern Carolina Regional - Cdc.
What is the revenue of Southern Carolina Regional - Cdc?
Southern Carolina Regional - Cdc's revenue in 2023 was $560,487.
Who are the executives of Southern Carolina Regional - Cdc and what are their salaries?
The average compensation at Southern Carolina Regional - Cdc during 2023 was $50,866. There are 2 employees at Southern Carolina Regional - Cdc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Southern Carolina Regional - Cdc?
Southern Carolina Regional - Cdc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Southern Carolina Regional - Cdc
Southern Carolina Regional, a nonprofit organization, is dedicated to revitalizing communities and improving the quality of life for low to moderate income residents. Their mission encompasses four key areas: housing development, economic development, empowerment, and overall improvement. By focusing on these aspects, Southern Carolina Regional aims to revitalize the Voorhees College community and the surrounding Southern Carolina region. Through their initiatives, they provide quality rental housing for families and individuals in need, thereby contributing to the overall well-being of the community.
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Impact
July, 2024
Southern Carolina Regional - CDC's impact is centered around the revitalization of the Voorhees College community, Bamberg County, and the Southern Carolina region. The organization focuses on housing development, economic development, empowerment, and overall improvement of the quality of life for low to moderate-income residents. Their work involves providing quality rental housing for low to moderate-income families and individuals in Bamberg County. Through their mission, they aim to uplift the community and enhance opportunities for those in need, ultimately contributing to the betterment of the region as a whole.
This information is meant to be a general summary of Southern Carolina Regional - Cdc. 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 2023.
- Investment Income: $5
- Program Service Revenue: $287,082
- Gross Receipts: $560,487
Assets and Liabilities:
- Total Assets: $2,557,873
- Total Liabilities: $343,719
- Net Assets: $2,214,154
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL PROPERTIES
Revenue
$287,082
Organization Details
Founding Year
1998
Phone
(803) 793-2046Principal Officer
Merylin M Jackson
Main Address
6313 CAROLINA HWY, DENMARK, SC, 29042
NTEE Category
Code: S80 - Community improvement
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