City Center Partnership Inc
- Assets
- $1.2m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 4
- Location
- Columbia, SC
- Founding
- 07/2001
- Data as of
- 06/2023
- EIN
- 57-1116130
Organization Overview
City Center Partnership Inc is located in Columbia, SC. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, City Center Partnership Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Center Partnership Inc 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 06/2023, City Center Partnership Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $1.6m during the year ending 06/2023. While expenses have increased by 0.6% 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
TO ESTABLISH A BUSINESS IMPROVEMENT DISTRICT TO ATTRACT, PROTECT AND MAINTAIN BUSINESS INVESTMENT IN DOWNTOWN COLUMBIA, SC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC AREA MAINTENANCE PROGRAM WITHIN IMPROVEMENT DISTRICTLAST YEAR, THE MAIN STREET DISTRICT CLEAN & SAFE TEAM REMOVED 151,661 POUNDS OF TRASH FROM THE DISTRICT. IN ADDITION, OUR BEAUTIFICATION PROGRAM REQUIRES US TO COMPLETE TWO SEASONAL PLANTINGS EVERY YEAR IN THE SPRING AND FALL FOR 154 HANGING BASKETS AND 89 LARGE PLANTERS. THIS REQUIRES WATERING THREE TIMES PER WEEK. IN THE FALL, OUR ATLV VACUUMS LEAVES FROM THE STREET ALONG WITH OTHER DEBRIS (430 HOURS OVER THE COURSE OF THE YEAR). SUPPLEMENTAL SERVICES ARE ALSO OFFERED TO THE CITY (I.E., MOWING OF GRASSY AREAS). THE AMBASSADORS ASSISTED IN THE CLEAN-UP OF MANY MAJOR EVENTS IN THE MAIN STREET DISTRICT, INCLUDING SODA CITY MARKET, SC PRIDE, THE LATIN FESTIVAL, ETC.
PUBLIC SAFETY PROGRAM WITHIN IMPROVEMENT DISTRICTLAST YEAR WE ASSISTED 1,087 STRANDED MOTORISTS, EITHER CHANGING TIRES OR BATTERY JUMPS. CCP AMBASSADORS ALSO PROVIDED SAFETY ESCORTS IN THE EVENING, HOMELESS AND COMMUNITY OUTREACH, COLLABORATION WITH THE COLUMBIA POLICE DEPARTMENT, AND PATROLLING OF THE MSD.
ECONOMIC DEVELOPMENT PROGRAM FOR IMPROVEMENT DISTRICTCCP ASSISTS IN RECRUITMENT AND RETENTION OF BUSINESSES (8 NEW BUSINESSES OPENED LAST YEAR). CCP MARKETS, PROMOTES AND ADVOCATES FOR THE DOWNTOWN MAIN STREET DISTRICT VIA BILLBOARDS, PRESS RELEASES, SOCIAL MEDIA, NEWSLETTERS, WEBSITE, AND ADVERTISEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Terracio Board Member | Trustee | 0.2 | $0 |
Kristian Niemi Board Member | Trustee | 0.2 | $0 |
Chad Elsey Board Member | Trustee | 0.2 | $0 |
Josh Willoughby Board Member | Trustee | 0.2 | $0 |
Hon Paul Livingston Board Member | Trustee | 0.2 | $0 |
Hon Rev Edward Mcdowell Jr Board Member | Trustee | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Block By Block Clean And Safe Services | 6/29/15 | $647,455 |
Landrum Professional Employer Services Staffing And Human Resources | 6/29/15 | $433,774 |
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 | $1,555,561 |
| Investment income | $4,713 |
| 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 | $1,600,432 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,250 |
| 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 | $507,802 |
| 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 | $24,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $31,373 |
| Office expenses | $4,335 |
| Information technology | $3,850 |
| Royalties | $0 |
| Occupancy | $1,784 |
| Travel | $34,754 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,224 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,473 |
| Insurance | $2,932 |
| All other expenses | $105,759 |
| Total functional expenses | $1,596,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $757,061 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,388 |
| 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 | $102,315 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $370,307 |
| Total assets | $1,236,071 |
| Accounts payable and accrued expenses | $63,409 |
| 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 | $30,159 |
| Other liabilities | $367,600 |
| Total liabilities | $461,168 |
| Net assets without donor restrictions | $774,903 |
| Net assets with donor restrictions | $0 |
| 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 | $1,236,071 |
Grants Awarded
Over the last fiscal year, City Center Partnership Inc has awarded $15,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TRANSITIONS PURPOSE: GENERAL CONTRIBUTION | $10,000 |
FIRST THURSDAY ON MAIN PURPOSE: GENERAL CONTRIBUTION | $5,000 |