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EIN 20-8626982

Investsc

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Columbia
State
South Carolina
Year formed
2007
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Investsc promotes SC economic development by providing capital to companies. SSBCI funding available to invest in job-creating opportunities. Located in Columbia.
Total revenues
$105,868
2023
Total expenses
$686,393
2023
Total assets
$10,718,498
2023
Num. employees
1
2023

Program areas at Investsc

Investsc was formed in 2007 by the sc jobs and economic development authority to operate a venture capital investment program which the state of sc considered to be its burden. In accordance with irc reg 1.501(c)(3)-1(d)(2), Investsc lessens this burden by providing the seed capital for enterprises in sc so as to help strengthen the state's economic base and to support the economic development goals of sc.

Personnel at Investsc

NameTitleCompensation
Harry HuntleyExecutive Director$41,000
Michael NixChairman$0

Financials for Investsc

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,071,487
Program services$0
Investment income and dividends$67,894
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,033,513
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$105,868

Form 990s for Investsc

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990View PDF
2021-122022-11-10990View PDF
2020-122021-11-11990View PDF
2019-122021-03-31990View PDF
2018-122020-01-23990View PDF
...and 9 more Form 990s
Data update history
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 30, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
1201 Main St 1600
Columbia, SC 29201
Metro area
Columbia, SC
Phone
(803) 737-0627
IRS details
EIN
20-8626982
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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