South Carolina Manufacturers Alliance
- Assets
- $2.5m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 9
- Location
- Columbia, SC
- Founding
- 06/1944
- Data as of
- 03/2023
- EIN
- 57-0147475
Organization Overview
South Carolina Manufacturers Alliance is located in Columbia, SC. The organization was established in 1944. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2023, South Carolina Manufacturers Alliance employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Manufacturers Alliance 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 03/2023, South Carolina Manufacturers Alliance generated $2.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $2.2m during the year ending 03/2023. While expenses have increased by 3.3% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO STRENGTHEN AND ADVANCE SOUTH CAROLINA MANUFACTURING BY ADVOCATING FOR OUR MEMBERS, FOSTERING A WORLD-CLASS WORKFORCE, AND BRINGING TOGETHER MANUFACTURERS TO CONNECT, SHARE, AND SOLVE INDUSTRY CHALLENGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT AND PROMOTE PROGRESSIVE GOVERNMENT DEDICATED TO MAINTAINING A SOUND GROWTH IN THE SOUTH CAROLINA MANUFACTURING INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Blackston Director | Trustee | 1 | $0 |
Roger Buckley Director | Trustee | 1 | $0 |
Grant Burns Director | Trustee | 1 | $0 |
Mike Callahan Director | Trustee | 1 | $0 |
Andrew Dill Director | Trustee | 1 | $0 |
Ellis Fisher Textile Council Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $2,165,990 |
| Investment income | $27,588 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,474 |
| 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 | $2,215,052 |
| 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. | $416,517 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $560,289 |
| Pension plan accruals and contributions | $80,006 |
| Other employee benefits | $58,389 |
| Payroll taxes | $61,166 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,500 |
| Fees for services: Accounting | $14,579 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $21,543 |
| Information technology | $3,332 |
| Royalties | $0 |
| Occupancy | $38,894 |
| Travel | $41,262 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $499,437 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,380 |
| Insurance | $0 |
| All other expenses | $115,372 |
| Total functional expenses | $2,158,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,191,613 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $453,800 |
| 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 | $89,055 |
| Net Land, buildings, and equipment | $243,593 |
| Investments—publicly traded securities | $482,235 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,000 |
| Total assets | $2,462,296 |
| Accounts payable and accrued expenses | $169,716 |
| Grants payable | $0 |
| Deferred revenue | $259,576 |
| 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 | $209,748 |
| Total liabilities | $639,040 |
| Net assets without donor restrictions | $1,622,724 |
| Net assets with donor restrictions | $200,532 |
| 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 | $2,462,296 |