South Carolina Association Of Municipal Power Systems
- Assets
- $467.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 12/1987
- Data as of
- 12/2023
- EIN
- 57-0758243
Organization Overview
South Carolina Association Of Municipal Power Systems is located in Columbia, SC. The organization was established in 1987. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Association Of Municipal Power Systems is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, South Carolina Association Of Municipal Power Systems generated $142.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $110.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Faires President | 2 | $0 | |
Tim Banker Vice President | 1 | $0 | |
Tim Hall Director | 1 | $0 | |
Wade Holmes Director | 1 | $0 | |
Joey Meadors Director | 1 | $0 | |
Greg Griffin Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $62,205 |
| Membership dues | $61,749 |
| Investment income | $18,700 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $142,654 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $13,838 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $690 |
| Other expenses | $96,153 |
| Total expenses | $110,681 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $467,369 |
| Other assets | $0 |
| Total assets | $467,369 |
| Total liabilities | $43,730 |
| Net assets or fund balances | $423,639 |