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Seneca Improvements Corporation

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

EIN: 813814597 ✦ Seneca, SC ✦ Designated as a 501(c)(3)

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Overview

What is Seneca Improvements Corporation?

Seneca Improvements Corporation is a nonprofit organization situated in Seneca, South Carolina, with a mission to alleviate the challenges faced by economically depressed areas within the city. By aiding these areas, the corporation aims to benefit economically disadvantaged citizens and support businesses to either establish or maintain their presence in these regions. The ultimate goal is to stimulate job creation and offer training opportunities for the unemployed or underemployed residents in these areas. The corporation works diligently to fulfill this mission, contributing positively to the economic growth and welfare of the community.

Is Seneca Improvements Corporation legitimate?

Seneca Improvements Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seneca Improvements 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Seneca Improvements Corporation?

Seneca Improvements Corporation is committed to alleviating the challenges faced by economically depressed areas within a city. By aiding these areas, the corporation aims to improve the livelihoods of economically disadvantaged citizens. Additionally, Seneca Improvements Corporation assists businesses in establishing or maintaining their presence in these areas, thereby creating job opportunities and providing training for the unemployed or underemployed individuals in these regions.

Who is the CEO of Seneca Improvements Corporation?

Scott Moulder is the President of Seneca Improvements Corporation.

What is the revenue of Seneca Improvements Corporation?

Seneca Improvements Corporation's revenue in 2021 was $224,624.

Who are the executives of Seneca Improvements Corporation and what are their salaries?


Here are 5 key members and their salaries:


Scott Moulder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert W Faires Iii (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Riches (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Halbig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Seneca Improvements Corporation?

Seneca Improvements Corporation's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Seneca Improvements Corporation

Seneca Improvements Corporation is an organization with a mission to alleviate the challenges faced by economically disadvantaged citizens and economically depressed areas within a city. This nonprofit undertakes initiatives aimed at benefiting these communities and aiding businesses to either establish or maintain their presence in these areas. By doing so, Seneca Improvements Corporation promotes job creation and training opportunities for the unemployed or underemployed individuals in these areas. The ultimate goal of this organization is to lessen the burdens of the city by improving the economic conditions and livelihoods of its disadvantaged citizens.

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Impact




October, 2024

Seneca Improvements Corporation plays a vital role in enhancing the economic landscape of Seneca by focusing on areas that need it most. Its initiatives are directed towards economically depressed regions, aiming to alleviate distress and foster growth. By supporting economically disadvantaged citizens, the organization helps create pathways to better opportunities through job creation and training programs.

The corporation actively works to attract and retain businesses in these struggling areas, recognizing that their presence is critical for local employment and community development. This commitment to aiding businesses not only stimulates the local economy but also empowers residents by reducing unemployment and underemployment rates. Overall, Seneca Improvements Corporation serves as a catalyst for change, promoting community resilience and economic stability in Seneca, South Carolina.




This information is meant to be a general summary of Seneca Improvements 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
$224,624 (2021)
Expenses
$392,202 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $24,624
  • Program Service Revenue: $200,000
  • Gross Receipts: $224,624

Assets and Liabilities:

  • Total Assets: $2,813,539
  • Total Liabilities: $903,881
  • Net Assets: $1,909,658

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Programs

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

TRANSFER FROM CITY

Revenue

$200,000

Organization Details

Founding Year

2016

Principal Officer

Scott Moulder

Main Address

221 EAST NORTH FIRST STREET, SENECA, SC, 29678

NTEE Category

Code: S30 - Community improvement

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