Seneca Facilities Corporation

Organization Overview

Seneca Facilities Corporation is located in Seneca, SC. The organization was established in 2014. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seneca Facilities Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Seneca Facilities Corporation generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. While expenses have increased by 5.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND ENCOURAGE THE RETENTION OF EXISTING BUSINESSES AND INDUSTRIES AND THE ESTABLISHMENT OF NEW BUSINESSES AND INDUSTRIES IN ECONOMICALLY DISTRESSED AREAS OF THE CITY OF SENECA, SOUTH CAROLINA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE AND ENCOURAGE THE RETENTION OF EXISTING BUSINESSES AND INDUSTRIES AND THE ESTABLISHMENT OF NEW BUSINESSES AND INDUSTRIES IN ECONOMICALLY DISTRESSED AREAS OF THE CITY OF SENECA, SOUTH CAROLINA.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,070,107
Investment income $1,299
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,078,906

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