Daniel Island Business Association
- Assets
- $8.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charleston, SC
- Founding
- 12/2007
- Data as of
- 12/2023
- EIN
- 20-0714822
Organization Overview
Daniel Island Business Association is located in Charleston, SC. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daniel Island Business Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Daniel Island Business Association generated $19.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $21.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DIBA SUPPORTS LOCAL EVENTS THAT PROMOTE BUSINESS TO BUSINESSACTIVITY AND THE SUPPORT OF DANIEL ISLAND RESIDENTS. THESE EVENTS INCLUDE THE DANIEL ISLAND TELEPHONE DIRECTORY, WHICH RAISES MONEY THROUGH THE SALE OF ADVERTISEMENTS AND BUSINESS NETWORKING FUNCTIONS HELD AT DANIEL ISLAND BUSINESS LOCATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenny Ladd President | 17 | $0 | |
Pete Harper Vice President | 9 | $0 | |
Kim Fulp Treasurer | 19 | $0 | |
Rebeca Zechmann Secretary | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,030 |
| Membership dues | $14,075 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,106 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,923 |
| Total expenses | $21,923 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,529 |
| Other assets | $0 |
| Total assets | $8,529 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,529 |