Dorchester County Industrial & Community Development Corporation

Organization Overview

Dorchester County Industrial & Community Development Corporation is located in Summerville, SC. The organization was established in 1994. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Dorchester County Industrial & Community Development Corporation 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 12/2021, Dorchester County Industrial & Community Development Corporation generated $9.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (72.2%) each year. All expenses for the organization totaled $878.0 during the year ending 12/2021. 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 IMPROVE JOB OPPORTUNITIES IN DORCHESTER COUNTY

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ASSIST NEW BUSINESSES IN DORCHESTER COUNTY BY PROVIDING FUNDING FOR OPERATIONS AND RESEARCHING WAYS TO AID ECONOMIC DEVELOPMENT IN THE REGION.


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Board, Officers & Key Employees

Name (title)Compensation
Frank Dreyer
President
$0
Patrick Watts
Vice President
$0
Ronnie Givens
Treasurer
$0
John Truluck
Executive Director
$0
Lauren Bailey
Board Member
$0
Kenneth Jenkins
Board Member
$0

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$0
Investment income $9
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 $9

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