NonprofitsDorchester Economic Development Corporation

Community Improvement & Capacity Building

Dorchester Economic Development Corporation

SUMMERVILLE, SC

Total revenue

$485K

Total expenses

$393K

Net assets

$677K

Grants received

$94K

9 grants

EIN

821136999

Tax year

2023

Mission

Dorchester county economic development's mission is to create an environment that supports new business growth and retention enabling companies to succeed for generations. In addition, we work to strengthen and prepare our community for the future. Through such efforts, we aim to provide our citizens with the opportunities to grow and prosper in dorchester county.

Financials

FY 2023

Revenue

Contributions & grants$418K
Program service revenue
Investment income$11K
Other revenue$56K
Total revenue$485K

Expenses

Grants paid
Salaries & benefits
Fundraising$46K
Other expenses$393K
Total expenses$393K
Total assets$680K
Net assets$677K

People

14 listed

NameRoleCompensation

Brad Mallett

Member

Board

1 hrs/wk

Edward Crosby

Councilman

Board

1 hrs/wk

Henry Hank Taylor

Member

Board

1 hrs/wk

Jim Martin

Vice Chairman

Board

1 hrs/wk

Kevin Hart

Appointed Mayor

Board

1 hrs/wk

Lamont Stevens

Member

Board

1 hrs/wk

Lauren Bailey

Secretary/Treasurer

Board

1 hrs/wk

Phyllis Hughes

Ex-Officio

Board

1 hrs/wk

Rita Berry

Ex-Officio

Board

1 hrs/wk

Saundra Sandy Price

Ex-Officio

Board

1 hrs/wk

Shane Robbins

Ex-Officio

Board

1 hrs/wk

Stuart Todd Friddle

Councilman

Board

1 hrs/wk

Tony Pope

Member

Board

1 hrs/wk

Walter Skip Elliott

Chairman

Board

1 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$26K
STRATEGIC PLANNING
2023
$25K
STEM IN THE CLASSROOM - EDUCATING TEACHERS ON BUSINESS NEEDS
2023
$10K
CHARITABLE DONATION
2023
$8K
NEIGHBORHOOD & COMMUNITY DEV.
2023
$3K
GENERAL USE
2023
$15K
SUPPORT FOR THE COMMUNITY RE-ENTRY PROJECT.
2019

Funded by

$94K from 7 funders · 9 grants · 2019–2023

Palmetto Economic Development Corp

$26K · 1 grant · 2023

South Carolina Student Loan Corp

$25K · 1 grant · 2023

Gardiner Howland Shaw Foundation

$15K · 1 grant · 2019

Charities Aid Foundation America

$10K · 1 grant · 2023

First Citizens Foundation Inc Co First

$8K · 3 grants · 2021–2023

M B Kahn Foundation Inc

$3K · 1 grant · 2023

Details

EIN821136999
NTEE codeS30
Subsection03
Ruling date2018-02
Formed2014
Employees0
Volunteers14
DORCHESTER ECONOMIC DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo