Hartsville Community Development Foundation
- Assets
- $222.1k
- Revenue
- $67.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Hartsville, SC
- Founding
- 10/2012
- Data as of
- 12/2023
- 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 12/2023, Hartsville Community Development Foundation generated $67.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $75.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (19.1%) per year over the past 9 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
2023
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wesley Hardymon Board Member | Trustee | 3 | $0 |
Harold G Cummings III Treasurer | OfficerTrustee | 3 | $0 |
Martin S Driggers Jr Chair | OfficerTrustee | 3 | $0 |
Curtis T Lee Board Member | Trustee | 3 | $0 |
Phillip Mason Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $67,747 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,747 |
| 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 | $67,747 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $4,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,554 |
| Office expenses | $1,135 |
| 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 | $2,732 |
| All other expenses | $0 |
| Total functional expenses | $75,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,352 |
| 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 | $222,060 |
| Accounts payable and accrued expenses | $50,805 |
| 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 | $50,859 |
| Net assets without donor restrictions | $145,888 |
| Net assets with donor restrictions | $25,313 |
| 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 | $222,060 |
Grants Awarded
Over the last fiscal year, Hartsville Community Development Foundation has awarded $90,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BUTLER HERITAGE FOUNDATION PURPOSE: COVID RELIEF | $10,000 |
CHILD & FAMILY RESOURCE FOUNDATION PURPOSE: COVID RELIEF | $10,000 |
DARLINGTON COUNTY FIRST STEPS PURPOSE: COVID RELIEF | $10,000 |
MOUNT OLIVE WORD OF LIFE CHURCH PURPOSE: COVID RELIEF | $10,000 |
TRENT HILL CENTER PURPOSE: COVID RELIEF | $10,000 |
WEGOJA PURPOSE: COVID RELIEF | $30,000 |