Charleston Development Board Foundation

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

EIN: 576028563 ✦ Charleston, SC ✦ Designated as a 501(c)(6)

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Overview

What is Charleston Development Board Foundation?

The Charleston Development Board Foundation is a nonprofit organization dedicated to fostering growth and development in Charleston, Berkeley, and Dorchester counties. Their primary focus is on boosting manufacturing, creating job opportunities, and attracting investments within these areas. To achieve this goal, they engage in promoting industrial, agricultural, and port development, as well as nurturing the overall economic growth of the region. Their activities encompass business development initiatives in Charleston, SC.

Is Charleston Development Board Foundation legitimate?

Charleston Development Board Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Charleston Development Board Foundation 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 Charleston Development Board Foundation?

The Charleston Development Board Foundation is dedicated to boosting manufacturing, payrolls, and investments in the regions of Charleston, Berkeley, and Dorchester. Their primary objective is to stimulate industrial, agricultural, port, and economic development within these areas. The foundation works towards achieving this goal by implementing programs that foster growth and development. One of their initiatives is Business Development in Charleston, South Carolina.

Who is the CEO of Charleston Development Board Foundation?

Hugh C Lane Jr is the Trustee of Charleston Development Board Foundation.

What is the revenue of Charleston Development Board Foundation?

Charleston Development Board Foundation's revenue in 2022 was $50,400.

Who are the executives of Charleston Development Board Foundation and what are their salaries?


Here are 8 key members and their salaries:


Renee Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Fulghum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John F Hassell Iii (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yw Scarborough Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh C Lane Jr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
James M Stelling (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick J Whittle (Sec And Trea)
  • Compensation: $0
  • Related: $0
  • Other: $0
P Keith Waring (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Charleston Development Board Foundation?

Charleston Development Board Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Charleston Development Board Foundation

The Charleston Development Board Foundation is a dedicated organization with a primary objective of boosting manufacturing, payrolls, and investments in Charleston, Berkeley, and Dorchester counties. Its mission extends beyond this, as it also aims to promote the industrial, agricultural, port, and overall economic development of these regions. By operating in this manner, the Charleston Development Board Foundation plays a crucial role in fostering growth and prosperity within its target areas. Its activities are focused on business development in Charleston, SC, indicating its commitment to supporting local industries and entrepreneurship.

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Impact




October, 2024

The Charleston Development Board Foundation significantly enhances the economic landscape of Charleston, Berkeley, and Dorchester counties by driving manufacturing growth, increasing payrolls, and fostering substantial investments. Its focus on industrial and agricultural development not only creates jobs but also strengthens the local economy. Through various programs dedicated to business development, the foundation promotes a thriving environment for industries, ensuring sustained economic vitality and community improvement in the region. By advocating for the growth of the port and other economic activities, it plays a vital role in positioning these counties as competitive players in the broader market.




This information is meant to be a general summary of Charleston Development Board Foundation. 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
$50,400 (2022)
Expenses
$42,905 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $50,400
  • Gross Receipts: $83,782

Assets and Liabilities:

  • Total Assets: $641,467
  • Total Liabilities: $0
  • Net Assets: $641,467

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Organization Details

Principal Officer

Hugh C Lane Jr

Main Address

256 MEETING STREET, CHARLESTON, SC, 29401

NTEE Category

Code: S30 - Community improvement

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