EIN 56-2049813

South Carolina Association for Community Economic Development

IRS 501(c) type
501(c)(3)
Num. employees
11
Year formed
1995
Most recent tax filings
2023-12-01
Description
SC Association for Community Economic Development advances public policy, deploys resources and provides grants to improve low-wealth communities in SC.
Also known as...
South Carolina Association of Community Development Corporations
Total revenues
$4,086,282
2023
Total expenses
$3,418,106
2023
Total assets
$2,744,576
2023
Num. employees
11
2023

Program areas at South Carolina Association for Community Economic Development

Attracting and deploying resources: we bring new and additional resources, often financial, to the state and to the Community Economic Development field. Programs: 75,000 in Community impact fund grants were deployed, 135,000 in Community garden and hoop house grants were funded and 27,000,000 million in loans to minority women and veteran owned businesses were approved through the sba Community navigator program. (continued on schedule o)
Developing organizations: we build the capacity of nonprofits, local branches of government, and other organizations through technical assistance, training, access to capital, and relationship connections. Programs: Community Development institute (150 attended 7 trainings), more than 300 attended opportunity sc 2023 in myrtle beach, sc and 68 Community members were trained as broadband Community champions resulting in 153,000,000 in broadband projects approved in rural counties. (continued on schedule o)
Growing networks and elevating innovation: we bring people together to build power and share information and resources. Programs: advocacy for the ced fund and the cd tax credit programs (resulting in 389 jobs being created or retained, 81 units of affordable housing developed, 1.9 million in loans to small businesses and 81 businesses created or expanded), landowner resource workshops (9 trainings held resulting in 20 environmental quality incentives program (eqip) applications, 80 farmers and landowners attended, and 32 farmers obtain a farm tract number), sc electric cooperative empowerment program (78 electric cooperative members attended trainings and 30 members applied to run for election on the electric cooperative boards). (continued on schedule o)

Grants made by South Carolina Association for Community Economic Development

GranteeGrant descriptionAmount
South Carolina Community Capital AllianceCommunity Impact$336,000
CLIMB FundBusiness Support$257,376
South Carolina Hispanic Chamber of CommerceBusiness Support$164,835
...and 17 more grants made

Who funds South Carolina Association for Community Economic Development

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way Association of South CarolinaOperational Support$1,000,000
Amalgamated Charitable FoundationGeneral Operating Support$112,500
Gaylord and Dorothy Donnelley FoundationThe Rural Resource Coalition of South Carolina$50,000
...and 6 more grants received

Personnel at South Carolina Association for Community Economic Development

NameTitleCompensation
Bernett MazyckPresident and Chief Executive Officer$159,836
Kate PrattChief Operating Officer$139,266
Rashida DillardExecutive Assistant and Office Manager
Wilbur CaveVice Chairperson$0
Ginny StroudTreasurer$0
...and 8 more key personnel

Financials for South Carolina Association for Community Economic Development

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,762,244
Program services$323,917
Investment income and dividends$1
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$120
Total revenues$4,086,282

Form 990s for South Carolina Association for Community Economic Development

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-21990View PDF
2022-122023-11-06990View PDF
2021-122022-11-10990View PDF
2020-122021-11-12990View PDF
2019-122021-02-17990View PDF
...and 10 more Form 990s

Organizations like South Carolina Association for Community Economic Development

OrganizationLocationRevenue
Prosperity NowWashington, DC$17,231,034
LIFT OrlandoOrlando, FL$7,841,342
Economic DevelopmentWashington, DC$2,593,485
Smart Growth AmericaWashington, DC$11,543,859
Georgia STAND-UPAtlanta, GA$2,299,408
Massachusetts Association of Community Development CorporationBoston, MA$2,156,365
United Philanthropy ForumWashington, DC$4,306,315
Atlanta Wealth Building InitiativeAtlanta, GA$2,186,982
Platform for Social ImpactCarolina, PR$10,882,833
Los Angeles Neighborhood Initiative (LANI)Los Angeles, CA$2,507,198
Data update history
September 22, 2024
Used new vendors
Identified 1 new vendor, including
September 21, 2024
Updated personnel
Identified 1 new personnel
May 19, 2024
Received grants
Identified 3 new grant, including a grant for $20,000 from TD Charitable Foundation
January 10, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Received grants
Identified 5 new grant, including a grant for $1,000,000 from United Way Association of South Carolina
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
Political advocacyProvides grantsLobbyingState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 20577
Charleston, SC 29413
Metro area
Charleston-North Charleston, SC
County
Charleston County, SC
Website URL
scaced.org/ 
Phone
(843) 579-9855
IRS details
EIN
56-2049813
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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