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Greenville Area Development Corporation

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

EIN: 571125289 ✦ Greenville, SC ✦ Designated as a 501(c)(3)

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Overview

What is Greenville Area Development Corporation?

Greenville Area Development Corporation (GADC) is a nonprofit organization based in Greenville, South Carolina. With a focus on economic development, GADC operates primarily through targeted marketing initiatives. Established by Greenville County Council, the corporation aims to foster growth and advancement in Greenville County, South Carolina. With a dedicated workforce of eight individuals, GADC contributes to the region's prosperity, promoting and enhancing its economic development.


Official website here: www.greenvilleeconomicdevelopment.com

Is Greenville Area Development Corporation legitimate?

Greenville Area Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenville Area 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: $338,354
Professional Fundraising Fees: $0
Other Salaries and Wages: $395,744

For more financial information, click here


Official website here: www.greenvilleeconomicdevelopment.com

What is the mission statement of Greenville Area Development Corporation?

The Greenville Area Development Corporation, established by Greenville County Council, is dedicated to fostering and enhancing the economic growth and development within its domain. The organization's primary mission is to promote economic expansion in the area, achieving this goal through targeted marketing initiatives. By doing so, it contributes to the overall progress and development of the community, ultimately contributing to its economic prosperity.


Official website here: www.greenvilleeconomicdevelopment.com

Who is the CEO of Greenville Area Development Corporation?

Mark Farris is the President of Greenville Area Development Corporation.


Official website here: www.greenvilleeconomicdevelopment.com

What is the revenue of Greenville Area Development Corporation?

Greenville Area Development Corporation's revenue in 2022 was $1,984,050.


Official website here: www.greenvilleeconomicdevelopment.com

Who are the executives of Greenville Area Development Corporation and what are their salaries?

The average compensation at Greenville Area Development Corporation during 2022 was $91,762. There are 8 employees at Greenville Area Development Corporation.


Here are 17 key members and their salaries:


Mark Farris (President)
  • Compensation: $192,260
  • Related: $0
  • Other: $63,409
Kevin Landmesser (Vice Preside)
  • Compensation: $141,882
  • Related: $0
  • Other: $35,481
Justin Bagwell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Burns (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Case (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Tripp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Epting (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Erickson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Tzouvelekas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshal Franklin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Godbey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Haines (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Hemphill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Leasure (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willis Meadows (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mcneil Epps (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Tumblin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greenvilleeconomicdevelopment.com

Where can I find the form 990 for Greenville Area Development Corporation?

Greenville Area Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greenvilleeconomicdevelopment.com

Learn more at the official website: www.greenvilleeconomicdevelopment.com

Mission Statement of Greenville Area Development Corporation

The Greenville Area Development Corporation, established by Greenville County Council, is dedicated to promoting and enhancing the economic growth and development in Greenville County, South Carolina. This nonprofit organization focuses on boosting the local economy through specific marketing initiatives. By engaging in these activities, the Greenville Area Development Corporation aims to contribute positively to the economic well-being of the community it serves.

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Impact




October, 2024

The Greenville Area Development Corporation plays a pivotal role in fostering economic growth and development in Greenville County, South Carolina. By implementing specific marketing initiatives, it effectively promotes the region as an attractive destination for businesses and investment. This focus on economic development not only enhances local job creation but also supports the overall community improvement, leading to a more prosperous environment for residents and businesses alike. The corporation’s efforts contribute to a vibrant economic landscape, positioning Greenville County as a competitive player in the broader regional and national economy. Through its strategic initiatives, the organization is instrumental in driving sustainable growth and enhancing the quality of life for the community.




This information is meant to be a general summary of Greenville Area 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
$1,984,050 (2022)
Expenses
$4,129,398 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,635
  • Gross Receipts: $1,984,050

Assets and Liabilities:

  • Total Assets: $2,285,724
  • Total Liabilities: $323,822
  • Net Assets: $1,961,902

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Organization Details

Founding Year

2001

Principal Officer

Mark Farris

Main Address

233 NORTH MAIN ST SUITE 250, GREENVILLE, SC, 29601

NTEE Category

Code: S113 - Community improvement

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