2024-01-09T10:56:04-05:00 2023-06-30 205788602 GLASER AND COMPANY LLC 1859 SUMMERVILLE AVE STE 800 CHARLESTON SC 29405 990 2022-07-01 571015804 CHARLESTON REGIONAL DEVELOPMENT ALLIANCE CHAR 8437679300 4401 BELLE OAKS DRIVE SUITE 420 NORTH CHARLESTON SC 29405 DAVID GINN PRESIDENT AND CEO 8437679300 2024-01-09 true DAVID GINN 999009999 false ERIK M GLASER CPA P00724565 8438490179 2024-01-09 2022 2023-04-26 12:10:37Z DAVID GINN 4401 BELLE OAKS DRIVE SUITE 420 NORTH CHARLESTON SC 29405 4757169 false X WWW.CRDA.ORG X 1995 SC THE CHARLESTON REGIONAL DEVELOPMENT ALLIANCE (CRDA) WAS INCORPORATED ON FEBRUARY 1, 1995 AS A PUBLIC AND PRIVATE NOT-FOR-PROFIT ECONOMIC DEVELOPMENT ORGANIZATION SUPPORTED AND LED (CONTINUED ON SCHEDULE O) 125 125 17 149 0 3473565 3771600 37505 0 233 20697 45193 50571 3556496 3842868 0 0 2032830 2222252 136472 130790 244371 1593319 1634601 3762621 3987643 -206125 -144775 3012064 3047981 387258 567950 2624806 2480031 X THE CHARLESTON REGIONAL DEVELOPMENT ALLIANCE (CRDA) WAS INCORPORATED ON FEBRUARY 1, 1995 AS A PUBLIC AND PRIVATE NOT-FOR-PROFIT ECONOMIC DEVELOPMENT ORGANIZATION SUPPORTED AND LED (CONTINUED ON SCHEDULE O) false false 3351601 CRDA IS AN ALLIANCE OF BUSINESS, GOVERNMENT AND HIGHER EDUCATION WORKING TOGETHER TO DRIVE A STRONG, SUSTAINABLE ECONOMY IN THE CHARLESTON REGION. OUR EFFORTS INCLUDE A COMPREHENSIVE MARKETING AND BUSINESS DEVELOPMENT PROGRAM DESIGNED TO ATTRACT THE WORLD'S BEST COMPANIES, TALENT AND ENTREPRENEURS TO THE GREATER CHARLESTON AREA. WE ALSO FACILITATE THE SITE SELECTION PROCESS FOR COMPANIES CONSIDERING OUR MARKET FOR COMPETITIVE EXPANSION OR LOCATION INVESTMENTS. DURING FY22-23, WE WORKED WITH SEVEN COMPANIES THAT ANNOUNCED COMPETITIVE INVESTMENTS IN OUR REGION, INCLUDING A 3.5B ANNOUNCEMENT BY REDWOOD MATERIALS - THE SINGLE LARGEST ECONOMIC DEVELOPMENT (CONT. ON SCHEDULE O) 3351601 false false false true false false false false false true false false true true false false true false false false false false true false false false false false true false false false false false false false false false false false true false false true 19 0 17 true false false false false true true false false false X 125 125 false false false false false false false true true false false true true true true true true true true false SC X X KAREN H KUCHENBECKER 8437679300 4401 BELLE OAKS DRIVE SUITE 420 NORTH CHARLESTON SC 29405 DAVID GINN PRESIDENT AN 40.00 X 367720 0 33962 MICHAEL J GRANEY VP GLOB BUS 40.00 X 216284 0 26657 KAREN H KUCHENBECKER VP OPERATION 40.00 X 206328 0 25751 RACHEL MEGAN ANDERSON DIR, GLOBAL 40.00 X 133341 0 18663 JACQUELYN RENEGAR DIR, BUS RES 40.00 X 130219 0 18795 WADE ALLEN DIRECTOR 0.25 X 0 0 0 THOMAS ANDERSON DIRECTOR 0.25 X 0 0 0 DAVID BAGGS DIRECTOR 0.25 X 0 0 0 CODY BAKER DIRECTOR 0.25 X 0 0 0 MICHAEL E BAKER DIRECTOR 0.25 X 0 0 0 NAT BANKS DIRECTOR 0.25 X 0 0 0 RYAN BENTON DIRECTOR 0.25 X 0 0 0 RITA BERRY DIRECTOR 0.25 X 0 0 0 REID BOEHM DIRECTOR 0.25 X 0 0 0 MIKE BRYAN DIRECTOR 0.25 X 0 0 0 JAY BYARS DIRECTOR 0.25 X 0 0 0 BRAD CANADAY DIRECTOR 0.25 X 0 0 0 PAIGE CARLTON DIRECTOR 0.25 X 0 0 0 MIKE CARTER DIRECTOR 0.25 X 0 0 0 JAMES CHAVEZ DIRECTOR 0.25 X 0 0 0 CASSIE CHERICHELLO DIRECTOR 0.25 X 0 0 0 MARK CLINE DIRECTOR 0.25 X 0 0 0 MELVIN CLINE DIRECTOR 0.25 X 0 0 0 TAMMY COGHILL DIRECTOR 0.25 X 0 0 0 MARSHALL CONNOR DIRECTOR 0.25 X 0 0 0 JEREMY COOK DIRECTOR 0.25 X 0 0 0 JARID COTTRELL DIRECTOR 0.25 X 0 0 0 CHIP CRANE DIRECTOR 0.25 X 0 0 0 BOBBY CREECH DIRECTOR 0.25 X 0 0 0 JOHNNY CRIBB DIRECTOR 0.25 X 0 0 0 CLARK DAVIS DIRECTOR 0.25 X 0 0 0 JONATHAN DAWLEY DIRECTOR 0.25 X 0 0 0 BRYAN DERREBERRY DIRECTOR 0.25 X 0 0 0 JON DOWNEY DIRECTOR 0.25 X 0 0 0 DAN DOYLE DIRECTOR 0.25 X 0 0 0 DAVE ECHOLS DIRECTOR 0.25 X 0 0 0 DEEPAL ELIATAMBY DIRECTOR 0.25 X 0 0 0 ANDY BRUSMAN - TERM ENDED DIRECTOR 0.25 X 0 0 0 ANITA ZUCKER - TERM ENDED DIRECTOR 0.25 X 0 0 0 CARL KOLTS - TERM ENDED DIRECTOR 0.25 X 0 0 0 CAROLINE BROWN - TERM ENDED DIRECTOR 0.25 X 0 0 0 CHRIS RANDOLPH - TERM ENDED DIRECTOR 0.25 X 0 0 0 DEON JACKSON - TERM ENDED DIRECTOR 0.25 X 0 0 0 DONDI COSTIN - TERM ENDED DIRECTOR 0.25 X 0 0 0 J HUGGINS III - TERM ENDED DIRECTOR 0.25 X 0 0 0 JASON ECKENSTEIN - TERM ENDED DIRECTOR 0.25 X 0 0 0 JOHN HAGERTY - TERM ENDED IMMED. PAST 2.00 X X 0 0 0 JULIE MEDICH - TERM ENDED DIRECTOR 0.25 X 0 0 0 KENT FONVIELLE - TERM ENDED DIRECTOR 0.25 X 0 0 0 KIN HILL - TERM ENDED DIRECTOR 0.25 X 0 0 0 KYLON J MIDDLETON - TERM ENDED DIRECTOR 0.25 X 0 0 0 LINDSAY E LEONARD - TERM ENDED DIRECTOR 0.25 X 0 0 0 MARK HOOD - TERM ENDED DIRECTOR 0.25 X 0 0 0 PEG KENDRA - TERM ENDED DIRECTOR 0.25 X 0 0 0 RICK JENKINS - TERM ENDED DIRECTOR 0.25 X 0 0 0 SCOTT POELKER - TERM ENDED DIRECTOR 0.25 X X 0 0 0 STUART COLEMAN - TERM ENDED DIRECTOR 0.25 X 0 0 0 TEDDIE PRYOR SR - TERM ENDED DIRECTOR 0.25 X 0 0 0 TOM KUTYLA - TERM ENDED DIRECTOR 0.25 X 0 0 0 TUSHAR CHIKHLIKER - TERM ENDED DIRECTOR 0.25 X 0 0 0 WILLIAM HEARN - TERM ENDED DIRECTOR 0.25 X 0 0 0 LAURA EVANS DIRECTOR 0.25 X 0 0 0 SCOTT FENNELL DIRECTOR 0.25 X 0 0 0 PETER FENNELLY DIRECTOR 0.25 X 0 0 0 DONNIE FETNER DIRECTOR 0.25 X 0 0 0 HEIDI FINNIFF DIRECTOR 0.25 X 0 0 0 ERIN FISHER DIRECTOR 0.25 X 0 0 0 CHRIS FRASER CHAIR ELECT 2.00 X X 0 0 0 TODD FRIDDLE DIRECTOR 0.25 X 0 0 0 MICHAEL FULLER CHAIRMAN 2.00 X X 0 0 0 STEVE GALLAGHER DIRECTOR 0.25 X 0 0 0 MARY GARCIA DIRECTOR 0.25 X 0 0 0 JIM GARRETT DIRECTOR 0.25 X 0 0 0 BRENT GIBADLO DIRECTOR 0.25 X 0 0 0 ELIZABETH GIBBES DIRECTOR 0.25 X 0 0 0 AMIE GRIMES DIRECTOR 0.25 X 0 0 0 MARKUS GROEGER DIRECTOR 0.25 X 0 0 0 TIM GROW DIRECTOR 0.25 X 0 0 0 GREGORY HABIB DIRECTOR 0.25 X 0 0 0 MARK HALL DIRECTOR 0.25 X 0 0 0 MARY DEAN HALL DIRECTOR 0.25 X 0 0 0 TODD HALLORAN DIRECTOR 0.25 X 0 0 0 DAVID HAMILTON DIRECTOR 0.25 X 0 0 0 DAVID HAND DIRECTOR 0.25 X 0 0 0 WILL HAYNIE DIRECTOR 0.25 X 0 0 0 TIM HEICHELBECH DIRECTOR 0.25 X 0 0 0 WILL HELMLY DIRECTOR 0.25 X 0 0 0 JASON HESSBERG DIRECTOR 0.25 X 0 0 0 LILYN HESTER DIRECTOR 0.25 X 0 0 0 JENNY HONEYCUTT DIRECTOR 0.25 X 0 0 0 LEN HUTCHISON DIRECTOR 0.25 X 0 0 0 WILLIAM RUSSELL III TREASURER/SE 2.00 X X 0 0 0 GEORGE TEMPLE IV DIRECTOR 0.25 X 0 0 0 J WALKER COLEMAN IV DIRECTOR 0.25 X 0 0 0 CHRISTOPHER IBSEN DIRECTOR 0.25 X 0 0 0 SHANE JAMES DIRECTOR 0.25 X 0 0 0 CHARLES JORDAN JR DIRECTOR 0.25 X 0 0 0 TIM KENNEDY DIRECTOR 0.25 X 0 0 0 PAT KIERNAN DIRECTOR 0.25 X 0 0 0 WILLIAM KIRKLAND DIRECTOR 0.25 X 0 0 0 CASEY LAVIN DIRECTOR 0.25 X 0 0 0 JASON LEE DIRECTOR 0.25 X 0 0 0 KEVIN LEE DIRECTOR 0.25 X 0 0 0 HARRY LESESNE DIRECTOR 0.25 X 0 0 0 C DINOS LIOLLIO DIRECTOR 0.25 X 0 0 0 CHRIS MAGALDI DIRECTOR 0.25 X 0 0 0 SHAUN MALIN DIRECTOR 0.25 X 0 0 0 GREG MARSHALL DIRECTOR 0.25 X 0 0 0 DEREK MATHIS DIRECTOR 0.25 X 0 0 0 COREY MCCLAREY DIRECTOR 0.25 X 0 0 0 TOM MCKENNA DIRECTOR 0.25 X 0 0 0 GRAYDON MCNAIR DIRECTOR 0.25 X 0 0 0 RICK MIXSON DIRECTOR 0.25 X 0 0 0 BRANTLEY MOODY DIRECTOR 0.25 X 0 0 0 GEORGE MORRISON DIRECTOR 0.25 X 0 0 0 JAYSON NORMAN DIRECTOR 0.25 X 0 0 0 CHRISTINA OH DIRECTOR 0.25 X 0 0 0 PAUL PATRICK DIRECTOR 0.25 X 0 0 0 JESSICA PAUL DIRECTOR 0.25 X 0 0 0 TONY POPE DIRECTOR 0.25 X 0 0 0 JIM POSDA DIRECTOR 0.25 X 0 0 0 ROBERT PRATT DIRECTOR 0.25 X 0 0 0 BOB QUINN DIRECTOR 0.25 X 0 0 0 MICKEY RENNER DIRECTOR 0.25 X 0 0 0 WIL RILEY DIRECTOR 0.25 X 0 0 0 WILL SALTERS DIRECTOR 0.25 X 0 0 0 MICHAEL SANDERSON DIRECTOR 0.25 X 0 0 0 HERB SASS DIRECTOR 0.25 X 0 0 0 MICHAEL SCARAFILE DIRECTOR 0.25 X 0 0 0 SCOTT SHARP DIRECTOR 0.25 X 0 0 0 CALEB SHOMO DIRECTOR 0.25 X 0 0 0 REEVES SKEEN DIRECTOR 0.25 X 0 0 0 JOSH SORKIN DIRECTOR 0.25 X 0 0 0 JEFF SPICER DIRECTOR 0.25 X 0 0 0 BRYAN STEFANI DIRECTOR 0.25 X 0 0 0 JONATHAN STEINBERG DIRECTOR 0.25 X 0 0 0 DAVID STENSTRM DIRECTOR 0.25 X 0 0 0 D SHANNON STEPHENS DIRECTOR 0.25 X 0 0 0 DARRYL STRUNK DIRECTOR 0.25 X 0 0 0 R KEITH SUMMEY DIRECTOR 0.25 X 0 0 0 JOHN TECKLENBURG DIRECTOR 0.25 X 0 0 0 RUDY THOMAS DIRECTOR 0.25 X 0 0 0 ALAN TOWNSEND DIRECTOR 0.25 X 0 0 0 JEFF TRENNING DIRECTOR 0.25 X 0 0 0 JOSH VANSCOY DIRECTOR 0.25 X 0 0 0 TONY VINCENT DIRECTOR 0.25 X 0 0 0 RICKY WARING DIRECTOR 0.25 X 0 0 0 STEVE WARNER DIRECTOR 0.25 X 0 0 0 BARRY WHALEN DIRECTOR 0.25 X 0 0 0 DAN WHALEN DIRECTOR 0.25 X 0 0 0 STUART WHITESIDE DIRECTOR 0.25 X 0 0 0 JOSHUA S WHITLEY DIRECTOR 0.25 X 0 0 0 PAMELA WILLIAMS DIRECTOR 0.25 X 0 0 0 STEPHANIE YARBROUGH DIRECTOR 0.25 X 0 0 0 1053892 123828 5 false true false RESOURCE DEVELOPMENT GROUP INC 4500 DUBLIN RD COLUMBUS OH 43221 CAMPAIGN 239260 DEVELOPMENT COUNSELLORS INTERNAT 215 PARK AVENUE SOUTH SUITE 1403 NEW YORK NY 10003 CONSULTING 146400 2 1717573 2054027 3771600 13342 13342 921656 914301 7355 7355 7355 MANAGEMENT FEES 900099 41000 41000 CREDIT CARD CASH BACK 900099 9571 9571 50571 3842868 71268 847280 721169 95844 30267 994550 844939 98101 51510 129078 109755 13592 5731 115507 98216 12163 5128 135837 115502 14304 6031 893 893 53686 53686 130790 130790 50300 6740 43560 406734 406734 62213 52439 7777 1997 89083 80558 7080 1445 290973 245262 36371 9340 400232 400232 41223 34747 5153 1323 23331 19666 2916 749 MARKET RESEARCH 168649 168649 MEMBERSHIPS AND SPONSORS 45434 45434 MISCELLANEOUS 1850 1559 231 60 3987643 3351601 391671 244371 531701 229162 1137260 2182796 33634 20709 90308 114448 796564 579466 258321 217098 905840 55000 283768 3012064 3047981 283980 289508 103278 278442 387258 567950 X 1827139 1735536 797667 744495 2624806 2480031 3012064 3047981 X -144775 X false true X true false false false false 579851 362753 217098 106346 106346 110367 110367 217098 RIGHT-TO-USE OPERATING LEASE ASSET 228768 DEPOSITS 55000 283768 OPERATING LEASE LIABILITY 278442 278442 3878988 42120 35000 77120 3801868 41000 41000 3842868 4030175 42120 412 42532 3987643 3987643 SCHEDULE D, PAGE 4, PART XI, LINE 2D CONTRIBUTIONS REPORT ON OTHER ENT 990 35,000 SCHEDULE D, PAGE 4, PART XI, LINE 4B MANGEMENT FEES FROM CONSOLIDATED ENTITY 41,000 SCHEDULE D, PAGE 4, PART XII, LINE 2D EXPENSES REPORTED ON RELATED ENTITY 990 412 X X X X X true SC X true true X X X X X false false false DAVID GINN PRESIDENT AND CEO 303085 64635 23405 10557 401682 MICHAEL J GRANEY VP GLOB BUS DEVELOP 190285 25999 17303 9354 242941 KAREN H KUCHENBECKER VP OPERATIONS 181842 24486 16506 9245 232079 RACHEL MEGAN ANDERSON DIR, GLOBAL BUS 121990 11351 10667 7996 152004 SCHEDULE J, PART III PART II, COLUMN (B)(I) BASE COMPENSATION - NUMBER SHOWN EXCLUDES CURRENT YEAR NONTAXABLE BENEFITS AND DEFERRALS OF COMPENSATION FOR THE LISTED PERSON UNDER THE RETIREMENT PLAN, IF APPLICABLE. PART II, COLUMN (D) - NONTAXABLE BENEFITS FROM THE ORGANIZATION CONSIST OF THE FOLLOWING: 1.CONTRIBUTIONS BY EMPLOYEE TO THEIR SEC 125 INSURANCE FOR HEALTH, DENTAL, VISION, AND LIFE/ADD. 2.CONTRIBUTIONS BY EMPLOYEE TO THEIR HSA PLAN 3.PAYMENTS BY EMPLOYER ON BEHALF OF EMPLOYEE FOR HEALTH, DENTAL, VISION, AND LIFE/ADD. FORM 990 FORM 990, PART I, LINE 1 - CONTINUED: BY THE REGION'S MOST INFLUENTIAL BUSINESS LEADERS, THREE COUNTY GOVERNMENTS, LARGEST MUNICIPALITIES, AND TOP ACADEMIC INSTITUTIONS. FORM 990, PART III FORM 990, PART III, LINE 4A - CONTINUED: INVESTMENT IN SOUTH CAROLINA'S HISTORY. COMBINED, THE NEW PAYROLL GENERATED BY THESE SEVEN PROJECTS WILL PROVIDE AN ESTIMATED 926 MILLION ANNUAL ECONOMIC IMPACT FOR OUR REGION. WE ALSO HAD A STRONG YEAR IN TERMS OF GENERATING BUSINESS-FOCUSED NATIONAL MEDIA COVERAGE. CHARLESTON'S GROWING CLUSTER OF ELECTRIC VEHICLE MANUFACTURERS AND THE REGION'S BURGEONING LIFE SCIENCES SECTOR WERE OF PARTICULAR INTEREST. WE CAPPED OFF THE YEAR WITH AN ARTICLE PUBLISHED BY BLOOMBERG THAT HIGHLIGHTED OUR REGION'S GROWING POPULATION, STRONG ECONOMY AND ATTRACTIVE LIFESTYLE ASSETS. TALENT ATTRACTION IS A KEY FOCUS AREA FOR CRDA, AND WE COMPLETED TWO TALENT-RELATED RESEARCH PROJECTS IN FY22-23 THAT WILL HELP INFORM OUR EFFORTS IN THE COMING YEARS. THE FIRST WAS A TALENT PERCEPTION STUDY THAT REVEALED HOW SKILLED TALENT CURRENTLY VIEWS OUR REGION FROM A CAREER AND LIFESTYLE PERSPECTIVE. THE SECOND WAS A TALENT GAP ANALYSIS THAT IDENTIFIED FAST-GROWING, HIGH-DEMAND OCCUPATIONS THAT WILL REQUIRE A FOCUSED TALENT ATTRACTION STRATEGY TO AUGMENT THE LOCAL TALENT PIPELINE. IN OTHER TALENT- RELATED WORK, CRDA PARTNERED WITH LOCAL EMPLOYERS AND REGIONAL STAKEHOLDERS TO GREATLY EXPAND THE CHS INTERN NETWORK PROGRAM WITH DOZENS OF COMPANIES AND HUNDREDS OF INTERNS PARTICIPATING. THE GOAL OF THIS POPULAR INITIATIVE IS TO ENCOURAGE SUMMER INTERNS TO STAY IN OUR REGION AFTER COMPLETING THEIR WORK PROGRAMS, THEREBY EXPANDING THE REGION'S TALENT POOL. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT AND THE FINANCE COMMITTEE REVIEW THE FORM 990. UPON COMPLETION, THEY PROVIDE A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS FOR APPROVAL. UPON APPROVAL, THE PRESIDENT SIGNS THE FORM 990 AND FILES THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C MONITORING IS DONE ON AN ONGOING BASIS AND OPEN DISCUSSIONS OF POTENTIAL MATTERS ARE DISCUSSED AND ADDRESSED AS NEEDED. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS PERIODICALLY CONDUCTS EVALUATIONS OF COMPETITIVE COMPENSATION FOR ITS EMPLOYEES. THE COMPENSATION COMMITTEE ANNUALLY REVIEWS AND APPROVES THE PRESIDENT'S SALARY. THE COMMITTEE PROVIDES GUIDELINES ON STAFF COMPENSATION AND LINKS THEM TO PERFORMANCE AND OUTCOMES. FORM 990, PAGE 6, PART VI, LINE 15B THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS PERIODICALLY CONDUCTS EVALUATIONS OF COMPETITIVE COMPENSATION FOR ITS EMPLOYEES. THE COMPENSATION COMMITTEE ANNUALLY REVIEWS AND APPROVES THE PRESIDENT'S SALARY. THE COMMITTEE PROVIDES GUIDELINES ON STAFF COMPENSATION AND LINKS THEM TO PERFORMANCE AND OUTCOMES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE FOR PUBLIC INSPECTION AT THE COMPANY'S CORPORATE OFFICES. FORM 990, PART XI, LINE 9 CONTRIBUTIONS REPORT ON OTHER ENT 990 35,000 MANGEMENT FEES FROM CONSOLIDATED ENTITY -41,000 EXPENSES REPORTED ON RELATED ENTITY 990 -412 TOTAL -6,412 THE CATALYST FOUNDATION 4401 BELLE OAKS DRIVE SUITE 420 NORTH CHARLESTON SC 29405 853869699 ECO DEVLP SC 501C3 7 CRDA false false false false false false false false false false false false true false true false false false false false THE CATALYST FOUNDATION L 35000 FAIR MARKET VALUE THE CATALYST FOUNDATION N 6000 FAIR MARKET VALUE