Newberry County Development Board is located in Newberry, SC. The organization was established in 1987. 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. Newberry County Development Board 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 12/2022, Newberry County Development Board generated $128.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $101.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION ACCOMPLISHED ITS MISSION BY HOSTING NETWORKING EVENTS SUCH AS BUSINESS AFTER HOURS, A GOLF TOURNAMENT, PROVIDING AVAILABLE INFORMATION TO THE PUBLIC REGARDING COVID LEGISLATIVE MATTERS, AND ASSISTING WITH A JOB FAIR; BY COORDINATING AND PROMOTING TOURISM EVENTS SUCH AS THE CHRISTMAS TOUR OF HOMES AND AGRICULTURE & ART TOUR; BY SUPPORTING THE YOUNG PROFESSIONALS GROUP AIMED AT 21-40 YEAR-OLDS WHO LIVE AND/OR WORK IN NEWBERRY COUNTY; AND BY ENGAGING IN ONGOING CONVERSATIONS WITH GOVERNMENT OFFICIALS, SCHOOL PERSONNEL, AND BUSINESSES SO THAT WE CAN BE KEPT ABREAST OF THE VARIOUS CLIMATES AND PROVIDE SUPPORT TO IDENTIFIED NEEDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alicia Holbrook Director | 1 | $0 | |
Doggett Whitaker Director | 1 | $0 | |
Michelle Long Executive Di | 40 | $38,000 | |
Carlton Kinard Director | 1 | $0 | |
Melody Jepson Director | 1 | $0 | |
Gina Harmon Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $49,291 |
Total Program Service Revenue | $29,469 |
Membership dues | $49,535 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $128,295 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $68,504 |
Professional fees and other payments to independent contractors | $2,222 |
Occupancy, rent, utilities, and maintenance | $2,138 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $29,034 |
Total expenses | $101,898 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $48,999 |
Other assets | $0 |
Total assets | $48,999 |
Total liabilities | $0 |
Net assets or fund balances | $48,999 |