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 |
|---|---|---|---|
Harold D Littlejohn Sr Board Member | 0.1 | $0 | |
James Taylor Board Member | 5 | $0 | |
Kim Phillips Board Member | 0.1 | $0 | |
Stephanie Smith Board Member | 0.1 | $0 | |
William H Love President | 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 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gaffney Local Development Corporation has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Timken Foundation Of Canton Canton, OH PURPOSE: RENOVATE AND EQUIP A BUSINESS INCUBATOR CENTRE | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Revitalization And Reservation Corporation Raleigh, NC | $42,174,048 | $6,127,827 |
Action Ministries Inc Atlanta, GA | $1,217,329 | $6,005,144 |
Macon Program For Progress Inc Franklin, NC | $4,140,182 | $6,952,364 |
Lowcountry Community Action Agency 807 Hampton Walterboro, SC | $2,100,801 | $6,798,498 |
South Carolina Association Of Community Action Partnerships Columbia, SC | $5,897,085 | $5,969,742 |
St James Plantation Property Owners Association Inc Southport, NC | $7,137,259 | $6,065,011 |
Fcs Urban Ministries Inc Atlanta, GA | $14,341,492 | $9,768,608 |
Greater Lake City Alliance Lake City, SC | $96,049,976 | $19,968,830 |
West Central Georgia Community Action Council Inc Montezuma, GA | $642,760 | $3,371,708 |
Central Piedmont Community Action Inc Siler City, NC | $712,195 | $3,336,441 |
El Centro Hispano Inc Durham, NC | $2,717,075 | $4,375,349 |
Central Atlanta Progress Inc Atlanta, GA | $5,979,541 | $3,089,217 |