Gaffney Local Development Corporation
- Assets
- $147.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gaffney, SC
- Founding
- 09/1986
- Data as of
- 06/2020
- EIN
- 57-0790609
Organization Overview
Gaffney Local Development Corporation is located in Gaffney, SC. The organization was established in 1986. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Gaffney Local Development Corporation 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 06/2020, Gaffney Local Development Corporation generated $10.0 in total revenue. All expenses for the organization totaled $7.3k during the year ending 06/2020.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO ASSIST WITH THE ENHANCEMENT OF THE PHYSICAL, SOCIAL AND ECONOMIC DEVELOPMENT OF THE CITY OF GAFFNEY, SC BY PROVIDING INCENTIVE PAYMENTS, THE REHABILITATION OF THE AREA'S COMMERCIAL BASE, AND STUDIES AND FEASIBILITY PLANS TO ENHANCE TOURISM RELATED EMPLOYMENT OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William H Love President | 0.1 | $0 | |
James Taylor Board Member | 5 | $0 | |
Mayor Henry L Jolly Board Member | 0.1 | $0 | |
Harold D Littlejohn Sr Board Member | 0.1 | $0 | |
Stephanie Smith Board Member | 0.1 | $0 | |
Monita Dawkins Board Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10 |
| Total Revenue | $10 |
| Statement of Expenses | |
|---|---|
| Total expenses | $7,265 |
| Balance Sheet | |
|---|---|
| Total assets | $147,700 |
| Total liabilities | $10 |
| Net assets or fund balances | $147,690 |