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 06/2024, Tri County Entrepreneurial Development Center generated $67.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $33.0k during the year ending 06/2024. While expenses have increased by 7.1% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
SUPPORT AND FOSTER ENTREPRENEURSHIP
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dave Eldridge CEO President | 4 | $0 | |
Mike Hehir Secretary | 2 | $0 | |
Sharon Sandifer Cpa Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $8,532 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $33,760 |
Total Revenue | $67,292 |
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 | $12,575 |
Occupancy, rent, utilities, and maintenance | $496 |
Printing, publications, postage, and shipping | $262 |
Other expenses | $11,638 |
Total expenses | $32,971 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $342,657 |
Other assets | $0 |
Total assets | $349,203 |
Total liabilities | $1,850 |
Net assets or fund balances | $347,353 |