EIN 20-0836170

Charleston Digital Corridor Foundation

IRS 501(c) type
501(c)(6)
Num. employees
3
Year formed
2004
Most recent tax filings
2023-12-01
Description
The Charleston Digital Corridor Foundation attracts, nurtures, and promotes Charleston's knowledge-based economy. Its flagship provides companies with a full-service, professional environment to develop and grow their respective enterprises. Additionally, the organization offers Charleston wifi, providing wireless internet services as a free public service in public parks throughout the city.
Total revenues
$2,275,599
2023
Total expenses
$1,484,627
2023
Total assets
$4,180,854
2023
Num. employees
3
2023

Program areas at Charleston Digital Corridor Foundation

The flagship is a full-service tech focused business incubator. This facility and its 4 predecessors have facilitated the development of approximately 150 tech businesses in the Charleston region.
In an effort to stimulate the inclusion of under-represented entrepreneurs and business professionals within Charleston's tech community, the Charleston Digital Corridor offers entrepreneurs an array of curated business resources, mentorship and education along with no-cost usage of workspace at the Charleston tech center. Applicants are considered on a year-round basis.

Personnel at Charleston Digital Corridor Foundation

NameTitleCompensation
Ernest AndradeExecutive Director$216,458
Elaine WhitfieldOperations Manager
Kristen PennellCommunications Manager
Kirk KingBoard Member$0
Todd LantChairman$0
...and 4 more key personnel

Financials for Charleston Digital Corridor Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$899,748
Program services$1,225,665
Investment income and dividends$106,875
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-3,363
Net income from fundraising events$46,674
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,275,599

Form 990s for Charleston Digital Corridor Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-26990View PDF
2022-122024-02-15990View PDF
2021-122022-08-09990View PDF
2020-122021-11-05990View PDF
2019-122020-12-22990View PDF
...and 10 more Form 990s

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Develop IndyIndianapolis, IN$4,396,804
Mcallen Economic Development CorporationMcallen, TX$1,521,749
Data update history
September 21, 2024
Updated personnel
Identified 1 new personnel
June 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
May 30, 2024
Updated personnel
Identified 5 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
Fundraising eventsState / local levelReceives government fundingGala fundraisers
General information
Address
997 Morrison Dr Ste 200
Charleston, SC 29403
Metro area
Charleston-North Charleston, SC
County
Charleston County, SC
Website URL
charlestondigital.com/about/foundation/ 
Phone
(843) 579-7508
IRS details
EIN
20-0836170
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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