Municipal Association Of South Carolina
- Assets
- $27.9m
- Revenue
- $13.8m
- Investments
- $4.0m
- Employees
- 63
- Location
- Columbia, SC
- Founding
- 01/1945
- Data as of
- 12/2021
- EIN
- 57-6000743
Organization Overview
Municipal Association Of South Carolina is located in Columbia, SC. The organization was established in 1945. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Municipal Association Of South Carolina employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Municipal Association Of South Carolina is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Municipal Association Of South Carolina generated $13.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $11.7m during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 7 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.
Since 2020, Municipal Association Of South Carolina has awarded 27 individual grants totaling $696,416. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION IS DEDICATED TO THE PRINCIPLE OF ITS FOUNDING MEMBERS: TO OFFER THE SERVICES, PROGRAMS AND TOOLS THAT WILL GIVE MUNICIPAL OFFICIALS THE KNOWLEDGE, EXPERIENCE AND TOOLS TO ENABLE THE MOST EFFICIENT AND EFFECTIVE OPERATION OF THEIR MUNICIPALITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RISK MANAGEMENT & INSURANCE SERVICES: THE ASSOCIATION MANAGES FOUR INSURANCE PROGRAMS, INCLUDING TWO SELF-FUNDED INSURANCE PROGRAMS, AN INSURANCE AGENCY, AND AN OPEB TRUST. SERVICES PROVIDED INCLUDE WORKERS' COMPENSATION INSURANCE, PROPERTY & LIABILITY INSURANCE, PLACEMENT OF ANCILLARY POLICIES, AND AN OTHER RETIREES BENEFIT TRUST. THESE PRODUCTS ARE PROVIDED WITHIN SEPARATE, RELATED COMPANIES. SEE SCH R WITH THE MANAGEMENT OF THE PROGRAMS PROVIDED BY THE ASSOCIATION. IN ADDITION, THE ASSOCIATION'S RISK MANAGEMENT SERVICES RMS STAFF HELPS PROGRAM MEMBERS BUILD EFFECTIVE SAFETY PROGRAMS TO LOWER THEIR INSURANCE COSTS THROUGH REDUCTION OF CLAIMS. RMS ALSO ASSISTS MEMBERS IN OTHER AREAS. SEE SCH O FOR ADDITIONAL INFORMATION.
EDUCATION: THE ASSOCIATION SPONSORS TRAINING AND EDUCATION OPPORTUNITIES THROUGH GENERAL AND SPECIALIZED INTEREST MEETINGS, TRAINING INSTITUTES, COMMUNICATION/PUBLICATIONS, ACHIEVEMENT AWARDS, FIELD SERVICES, AND SPONSORSHIPS OF 12 AFFILIATE GROUPS (11 AFFILIATE GROUPS POST 2021). THE ASSOCIATION PROVIDES ONGOING SUPPORT FOR THE FOLLOWING AFFILIATE GROUPS: SC BUSINESS LICENSING OFFICIALS ASSN, SC UTILITY BILLING ASSN, SC COMMUNITY DEVELOPMENT ASSN, MUNICIPAL OFFICERS, CLERKS, & TREASURERS ASSN, MUNICIPAL HUMAN RESOURCES ASSN, SC MUNICIPAL ATTORNEYS ASSN, SC ASSN OF STORM WATER MANAGERS, MUNICIPAL TECHNOLOGY ASSN OF SC, SC ASSN OF MUNICIPAL POWER SYSTEMS, MUNICIPAL COURT ADM OF SC, ASSN OF SC MAYORS, AND BUILDING OFFICIALS ASSN OF SC (RELATIONSHIP DISCONTINUED IN 2021). SEE SCHEDULE O FOR MORE DETAILS.
ADVOCACY: THE ASSOCIATION'S ADVOCACY INITIATIVES SUPPORT SC HOMETOWNS AND THE VALUE THEY BRING TO THE STATE. THE ASSOCIATION'S LEGISLATIVE AGENDA FOCUSES ON ISSUES THAT PROMOTE ECONOMIC GROWTH, ENHANCE A POSITIVE QUALITY OF LIFE, AND ENCOURAGE LOCAL ACCOUNTABILITY AND FISCAL RESPONSIBILITY. ADVOCACY EFFORTS USE A VARIETY OF TOOLS, INCLUDING SUPPORTING THE NATIONAL LEAGUE OF CITIES & SOUTHERN MUNICIPAL CONFERENCE MEETINGS AND SPONSORING REGIONAL ADVOCACY MEETINGS, HOMETOWN LEGISLATIVE DAY, AND LEGISLATIVE MONITORING AND LOBBYING EFFORTS. SEE SCH O FOR ADDITIONAL DETAILS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
B Todd Glover Executive Dir. | Officer | 40 | $273,686 |
Heather Ricard Director, Rms | 40 | $246,600 | |
Eric Budds Deputy Exec Director | 40 | $227,438 | |
Jake Broom COO | 40 | $195,100 | |
Scott Slatton Public Policy Advocate | 40 | $184,837 | |
Stephanie K O'cain CFO | Officer | 40 | $184,525 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vc3 Inc It Consulting | 12/30/20 | $218,691 |
Cavanaugh Mcdonald Consulting Llc Financial Consulting | 12/30/20 | $193,454 |
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 | $11,285,567 |
| Investment income | $376,811 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $50 |
| Net Gain/Loss on Asset Sales | $1,685,245 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,800,383 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $391,416 |
| 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. | $1,783,682 |
| Compensation of current officers, directors, key employees. | $83,482 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,463,875 |
| Pension plan accruals and contributions | $724,816 |
| Other employee benefits | $768,406 |
| Payroll taxes | $429,841 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $76,946 |
| Fees for services: Accounting | $34,482 |
| Fees for services: Lobbying | $71,116 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,940 |
| Fees for services: Other | $391,648 |
| Advertising and promotion | $12,077 |
| Office expenses | $218,387 |
| Information technology | $253,538 |
| Royalties | $0 |
| Occupancy | $604,019 |
| Travel | $135,693 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $3,983 |
| Conferences, conventions, and meetings | $558,321 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $192,029 |
| Insurance | $30,735 |
| All other expenses | -$53,589 |
| Total functional expenses | $11,651,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279 |
| Savings and temporary cash investments | $3,020,672 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $68,177 |
| 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 | $3,204,489 |
| Net Land, buildings, and equipment | $746,633 |
| Investments—publicly traded securities | $15,922,908 |
| Investments—other securities | $3,964,411 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $954,237 |
| Total assets | $27,881,806 |
| Accounts payable and accrued expenses | $1,120,691 |
| Grants payable | $560,864 |
| Deferred revenue | $96,505 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $3,933 |
| 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 | $14,157,695 |
| Total liabilities | $15,939,688 |
| Net assets without donor restrictions | $11,942,118 |
| 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 | $27,881,806 |
Grants Awarded
Over the last fiscal year, Municipal Association Of South Carolina has awarded $391,416 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE OF CHARLESTON PURPOSE: Riley's Mayoral Fellowship | $70,000 |
CITY OF CAYCE PURPOSE: Economic Development | $25,000 |
CITY OF WESTMINSTER PURPOSE: Economic Development | $25,000 |
TOWN OF DONALDS PURPOSE: Economic Development | $25,000 |
CITY OF BEAUFORT PURPOSE: Economic Development | $25,000 |
CITY OF GEORGETOWN PURPOSE: Economic Development | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Municipal Association Of South Carolina Columbia, SC | $27,881,806 | $13,800,383 |
The Surplus Lines Association Of North Carolina Raleigh, NC | $12,949,553 | $5,323,982 |
Georgia Highway Contractors Association Inc Alpharetta, GA | $1,405,091 | $1,643,875 |
Council For Quality Growth Inc Atlanta, GA | $1,449,992 | $1,248,012 |
Myrtle Beach Regional Economic Development Corp Conway, SC | $2,366,684 | $1,152,019 |
Steel Erectors Association Of America Inc Winston Salem, NC | $258,392 | $857,819 |
Carolinas Ready Mixed Concrete Association Inc Charlotte, NC | $1,282,555 | $1,169,552 |
North Carolina Trucking Assn Inc Raleigh, NC | $1,182,341 | $1,018,389 |
Greater Greensboro Builders Association Greensboro, NC | $756,548 | $819,396 |
Georgia Association Of Convenience Stores Inc Dallas, GA | $2,009,909 | $924,047 |
Guilford Merchants Association Inc Greensboro, NC | $290,434 | $699,366 |
Carolina Asphalt Pavement Assn Inc Raleigh, NC | $1,361,344 | $779,094 |