Tri County Entrepreneurial Development Center
- Assets
- $285.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seneca, SC
- Founding
- 04/2012
- Data as of
- 06/2022
- EIN
- 45-2925057
Organization Overview
Tri County Entrepreneurial Development Center is located in Seneca, SC. The organization was established in 2012. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, 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. Tri County Entrepreneurial Development Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Tri County Entrepreneurial Development Center generated $59.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $33.6k during the year ending 06/2022. While expenses have increased by 9.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT AND FOSTER ENTREPRENEURSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Sandifer Cpa Treasurer | 2 | $0 | |
Dave Eldridge CEO President | 4 | $0 | |
Mike Hehir Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $85 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $31,960 |
| Total Revenue | $59,545 |
| 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 | $12,475 |
| Occupancy, rent, utilities, and maintenance | $309 |
| Printing, publications, postage, and shipping | $352 |
| Other expenses | $14,009 |
| Total expenses | $33,645 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $278,774 |
| Other assets | $0 |
| Total assets | $285,320 |
| Total liabilities | $1,500 |
| Net assets or fund balances | $283,820 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Carolina Manufacturing Extension Partnership Greenville, SC | $4,506,207 | $8,798,009 |
National Institute Of Minority Economic Development Durham, NC | $8,985,701 | $1,722,745 |
Winston Starts Winstonsalem, NC | $2,039,563 | $1,547,404 |
Wilmington Business Development Wilmington, NC | $1,640,676 | $1,342,071 |
Carolinas-Virginia Minority Supplier Developoment Councils Inc Charlotte, NC | $1,397,364 | $1,303,584 |
Provident Business Financial Services Inc West Columbia, SC | $539,066 | $980,704 |
Nussbaum Center For Entrepreneurship Inc Greensboro, NC | $5,252,016 | $1,124,383 |
Piedmont Business Capital Greensboro, NC | $3,626,382 | $1,839,047 |
Curiosity Lab At Peachtree Corners Inc Peachtree Corners, GA | $759,235 | $737,622 |
Carolina Business Capital Charlotte, NC | $4,850,078 | $599,489 |
Pride Of Kinston Inc Kinston, NC | $1,761,378 | $334,851 |
Marietta Welcome Center Inc Marietta, GA | $323,025 | $326,253 |