Hartsville Community Development Foundation
- Assets
- $212.8k
- Revenue
- $102.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Hartsville, SC
- Founding
- 10/2012
- Data as of
- 12/2022
- EIN
- 45-5330192
Organization Overview
Hartsville Community Development Foundation is located in Hartsville, SC. The organization was established in 2012. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Hartsville Community Development Foundation 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 12/2022, Hartsville Community Development Foundation generated $102.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $122.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COMMUNITY FOUNDATION FOR A BETTER HARTSVILE IS A NONPROFIT, PUBLIC BENEFIT CORPORATION. IT REPRESENTS A CROSS-SECTION OF BUSINESS, GOVERNMENT, AND COMMUNITY PARTNERS WORKING TOGETHER TO PROMOTE SOCIAL WELFARE BY STIMULATING COMMUNITY AND ECONOMIC DEVELOPMENT IN HARTSVILLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DISTRIBUTE COVID RELIEF GRANTS TO LOCAL NONPROFIT ORGANIZATIONS
EXPENSES USED TO BETTER THE COMMUNITY OF HARTSVILLE IN VARIOUS PROJECTS SUCH AS: OAKDALE NEIGHBORHOOD REVITALIZATION, LEADERSHIP HARTSVILLE, AND PROMOTING TOURISM
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harold G Cummings III Treasurer | OfficerTrustee | 3 | $0 |
Martin S Driggers Jr Chair | OfficerTrustee | 3 | $0 |
Wesley Hardymon Board Member | Trustee | 3 | $0 |
Curtis T Lee Board Member | Trustee | 3 | $0 |
Phillip Mason Board Member | Trustee | 3 | $0 |
Murphy Monk Ex-Officio | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $97,395 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,415 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,810 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $102,810 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $51,758 |
| Office expenses | $1,568 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $122,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,116 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $28,708 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $212,824 |
| Accounts payable and accrued expenses | $33,477 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $54 |
| Total liabilities | $33,531 |
| Net assets without donor restrictions | $156,793 |
| Net assets with donor restrictions | $22,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $212,824 |
Grants Awarded
Over the last fiscal year, Hartsville Community Development Foundation has awarded $90,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Columbia, SC PURPOSE: COVID RELIEF | $30,000 |
Hartsville, SC PURPOSE: COVID RELIEF | $10,000 |
Hartsville, SC PURPOSE: COVID RELIEF | $10,000 |
Hartsville, SC PURPOSE: COVID RELIEF | $10,000 |
Hartsville, SC PURPOSE: COVID RELIEF | $10,000 |
Greenwood, SC PURPOSE: COVID RELIEF | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hartsville Community Development Foundation has recieved totaling $8,020.
| Awarding Organization | Amount |
|---|---|
The Charles W And Elizabeth H Coker Foundation Darlington, SC PURPOSE: GENERAL PURPOSE | $8,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metro Atlanta Host Committee Inc Atlanta, GA | $222,399 | $14,582,853 |
Economic Development Partnership Of North Carolina Inc Raleigh, NC | $8,246,221 | $25,900,688 |
Atlanta Convention & Vistors Bureau Inc Atlanta, GA | $20,280,984 | $17,066,911 |
Nash-Edgecombe Economic Development Inc Rocky Mount, NC | $2,214,551 | $9,450,498 |
South Carolina I-77 Alliance Richburg, SC | $4,361,702 | $6,505,378 |
Access To Capital For Entrepreneurs Inc Cleveland, GA | $88,796,114 | $11,013,240 |
Columbia Metropolitan Convention And Visitors Bureau Columbia, SC | $6,376,262 | $4,843,981 |
Srs Community Reuse Organization Aiken, SC | $6,557,053 | $4,875,445 |
Grove Park Foundation Inc Atlanta, GA | $25,190,874 | $3,791,912 |
Rowen Foundation Inc Lawrenceville, GA | $75,583,362 | $5,573 |
Mdc Inc Durham, NC | $4,444,816 | $5,223,210 |
Palmetto Economic Development Corp Columbia, SC | $2,291,624 | $3,424,081 |