EIN 57-0873176

South Carolina Power Team

IRS 501(c) type
501(c)(3)
Num. employees
11
Year formed
1988
Most recent tax filings
2022-12-01
NTEE code, primary
Description
South Carolina Power Team facilitates job and investment growth by attracting new industrial and commercial activity. It supports expansion and retention of existing businesses and facilities. The organization is the economic development alliance of the state's 20 electric cooperatives, which together provide power to over 2 million South Carolinians.
Related structure
South Carolina Power Team is a subordinate organization under Central Electric Power Cooperative.
Also known as...
Palmetto Economic Development Corporation
Total revenues
$3,847,469
2022
Total expenses
$3,695,395
2022
Total assets
$3,111,995
2022
Num. employees
11
2022

Program areas at South Carolina Power Team

Facilitate the growth of jobs, investment and electric load through the attraction of new industrial and commercial activity
Support expansion and retention of existing businesses and facilities

Personnel at South Carolina Power Team

NameTitleCompensation
James ChavezPresident and Chief Executive Officer$321,095
James W FrostSenior Vice President Community Preparedness$231,831
Warren DarbySenior Vice President , Global Business / Senior Vice President Global Business / Vice President Global Business / Vice President , Global Business$183,707
Caroline WarnerDirector of Community Development
Rebecca BrelandDirector of Site Development$114,209
...and 8 more key personnel

Financials for South Carolina Power Team

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$3,697,200
Investment income and dividends$83,880
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$66,389
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,847,469

Form 990s for South Carolina Power Team

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-11-10990View PDF
2020-122021-10-27990View PDF
2019-122021-02-26990View PDF
2018-122020-06-15990View PDF
...and 9 more Form 990s
Data update history
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 10, 2024
Updated personnel
Identified 5 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 2 new personnel
July 10, 2022
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donations
General information
Address
1201 Main St 1710
Columbia, SC 29201
Metro area
Columbia, SC
County
Richland County, SC
Website URL
scpowerteam.com/ 
Phone
(803) 254-9211
IRS details
EIN
57-0873176
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Subordinate organization
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