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
2022-12-01
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
$4,077,635
2022
Total expenses
$3,751,549
2022
Total assets
$1,521,554
2022
Num. employees
11
2022

Program areas at South Carolina Association for Community Economic Development

Developing organizations: we build the capacity of nonprofits, localbranches of government, and other organizations through technical assistance, training, access to capital, and relationship connections. Programs: Community Development institute (150 attended 5 trainings), more than 300 attended opportunity sc 2022 in greenville, sc and 68 Community members were trained as broadband Community champions resulting in $11,000,000 in broadband projects approved in 9 rural counties.
Attracting and deploying resources: we bring new and additionalresources, often financial, to the state and to the Community Economic Development field. Programs: $75,000 in Community impact fund grants were deployed, $1,000,000 million in emergency rental assistance was distributed, $180,000 in Community garden and hoop house grants were funded and $20,000,000 million in loans to minority women and veteran owned businesses were approved through the sba Community navigator program.
Growing networks and elevating innovation: we bring people together tobuild power and share information and resources. Programs: advocacy for the ced fund and the cd tax credit programs ($2 million in Community Development tax credits leveraged $4.9 million in private capital to underserved communities and $975,000 granted out for Economic Development projects through the state appropriated ced fund), rural resource coalition (100 people attended annual meeting), sc Community capital alliance (150 people attended the alliance conference and landowner workshops (6 trainings held resulting in 6 environmental quality incentives program (eqip) applications, 79 farmers and landowners attended, 24 farmers obtain a farm tract number and 10,390 acres were represented).

Grants made by South Carolina Association for Community Economic Development

GranteeGrant descriptionAmount
Allendale County AliveProvided Housing Counseling Services To People Experiencing Homelessness and Housing Issues As A Result of the Covid 19 Pandemic$143,174
Santee Lynches Affordable Housing A Community Development CorporationProvided Housing Counseling Services To People Experiencing Homelessness and Housing Issues As A Result of the Covid 19 Pandemic$126,588
CommunityworksAllowing Them To Provide Training, Technical Assistance and Financing To Minority, Veteran and Women Owned Businesses Throughout SC$125,000
...and 26 more grants made totalling $1,464,365

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 4 more grants received

Personnel at South Carolina Association for Community Economic Development

NameTitleCompensation
Bernett MazyckPresident and Chief Executive Officer$145,000
Kate PrattVice President of Operations
Charlotte GrantAssistant and Office Manager
Rashida DillardExecutive Assistant and Office Manager
Wilbur CaveVice Chairman / Director$0
...and 14 more key personnel

Financials for South Carolina Association for Community Economic Development

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,836,683
Program services$238,020
Investment income and dividends$2,932
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$0
Total revenues$4,077,635

Form 990s for South Carolina Association for Community Economic Development

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990View PDF
2021-122022-11-10990View PDF
2020-122021-11-12990View PDF
2019-122021-02-17990View PDF
2018-122019-06-19990View PDF
...and 9 more Form 990s

Organizations like South Carolina Association for Community Economic Development

OrganizationLocationRevenue
Delaware Community Reinvestment Action CouncilWilmington, DE$1,423,732
Georgia STAND-UPAtlanta, GA$2,299,408
Prosperity NowWashington, DC$17,231,034
LIFT OrlandoOrlando, FL$7,841,342
United Philanthropy ForumWashington, DC$4,306,315
Atlanta Wealth Building InitiativeAtlanta, GA$2,186,982
Los Angeles Neighborhood Initiative (LANI)Los Angeles, CA$2,507,198
Portland Community Reinvestment Initiatives (PCRI)Portland, OR$8,839,541
Hillsborough Street Community ServiceRaleigh, NC$1,118,324
South Carolina I-77 AllianceRichburg, SC$3,066,994
Data update history
January 10, 2024
Posted financials
Added Form 990 for fiscal year 2022
October 24, 2023
Received grants
Identified 9 new grant, including a grant for $400,000 from Mary Reynolds Babcock Foundation
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Updated personnel
Identified 3 new personnel
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
Political advocacyProvides grantsLobbyingState / local levelTax deductible 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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