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SCRA STAFF MET WITH VARIOUS LEGISLATORS AND THEIR STAFF TO DISCUSS SCRA'S MISSION AND PROGRAM FUNDING. true X 6687939 6687939 39046176 15479497 23566679 545535 197562 347973 0 0 0 8182508 6559060 1623448 32226039 0 LEASE LIABILITY-ADOPTION OF GASB 87 5270922 OPEB OBLIGATION 203601 5474523 SCHEDULE D, PART IV, LINE 2B, ESCROW AND CUSTODIAL ARRANGEMENTS: SCRA COLLECTS A DEPOSIT FROM NEW TENANTS FOR RENTAL SPACE AND HOLDS THEM IN AN ESCROW ACCOUNT UNTIL THE LEASE IS TERMINATED. true 3Key Digital Marketing LLC 108 Crown Empire Ct Simpsonville SC 29681 814358604 50000 Acceleration Algistor Inc 1100 Pulaski St Ste 536 Columbia SC 29201 920555646 50000 Demonstration Apex Orthopaedic Technologies LLC 2075 Hopsewee Lane Mount Pleasant SC 20464 844371288 25000 Academic Startup Baleen Solutions LLC 317 Sumter Ave Summerville SC 29483 822756849 50000 Acceleration Benedict College 1600 Harden Street Columbia SC 29204 570314365 50000 Federal Matching Bob Jones University Inc 1700 Wade Hampton Blvd Greenville SC 29614 571088101 501(c)(3) 15000 Academic Matching Borealis Global Advisory LLC 13 Richmond Lane Blythewood SC 29106 474739691 25000 Project Development Fund Bottle Titan LLC 115 Seattle Slew Lane Greenville SC 29617 871735985 50000 Acceleration Breadwinner Inc 127 Kelsey Glen Drive Lexington SC 29072 874000431 50000 Acceleration Bricolage Dynamics Inc 120 Rockbridge Ct Liberty SC 29657 872287979 50000 Acceleration Builder Rocket LLC 360 Freedom Trail Roebuck SC 29376 844194441 25000 Project Development Fund CarbonCents Inc 104 Brown Square Drive Walhalla SC 29691 880632358 50000 Acceleration Carolina Seeding Systems Inc 2200 Pocket Road Florence SC 29614 842919527 50000 Federal Matching Clemson University 108 Silas N Pearman Blvd Clemson SC 29634 576000254 501(c)(3) 693367 Demonstration/SACT Clemson University Research Foundation PO Box 946 Clemson SC 29633 570750000 501(c)(3) 110000 Academic Matching/Strategic Alignment Closewise LLC 115 Driftwood Drive Lexington SC 29072 872131451 25000 Project Development Fund Drobot Inc 1200 Woodruff Rd Greenville SC 29607 871157306 25000 Demonstration EHG South Inc 1225 Laurel ST Columbia SC 29201 882080595 25000 Project Development Fund Elevate Therapeutics Inc 205 Hidden Hills Drive Greenville SC 29605 883094171 25000 Project Development Fund FaithStreet Inc 59 Piedmont AVE Charleston SC 29403 462391902 50000 Acceleration Francis Marion University PO Box 100547 Florence SC 29502 570522624 501(c)(3) 96239 SACT Gabby LLC dba Confidence 19 Crossbow Lakes Court Columbia SC 29212 463647574 50000 Acceleration Glossifi Inc 313 Sortwell ST West Columbia SC 29607 842990446 50000 Federal Matching Heartbeat Technologies LLC 1360 Founders Way Mount Pleasant SC 29464 861330304 25000 Academic Startup Heron Farms Inc 1783 Harmon ST Charleston SC 29405 825299132 50000 Acceleration Incora Health Inc 515 Spaulding Lake Dr Greenville SC 29615 862875593 75000 Project Dev./Acceleration IoTco LLC 250 E 5th ST Flr 15 Cincinnati OH 45202 822312574 12500 Demonstration MacB IT Solutions LLC 2900 W Georgia Road Piedmont SC 29673 873039994 25000 Project Development Fund Mainstage Operating LLC 197 S Herlong AVE S Rock Hill SC 29732 833293361 50000 Acceleration Medical University of SC 19 Hagood Ave STE 301 Charleston SC 29425 833124079 45000 Academic Matching MUSC Foundation for Research 135 Cannon ST STE 101L Charleston SC 29425 571031624 501(c)(3) 50000 Strategic Alignment NeuroHope Therapeutics Inc 6 Monet Drive Greenville SC 29609 920975740 25000 Academic Startup New Forge LLC 148 E Main ST STE 201 Rock Hill SC 29730 273152040 10000 Demonstration North 7th Inc 19 Verlin Drive Greenville SC 29607 854067584 50000 Acceleration Parimer Scientific LLC 221 Cooper Lane STE B Easley SC 29642 830963932 30000 Acceleration Pensievision Inc 455 Lydia Drive Charleston SC 29412 300891632 25000 Academic Startup PeriopHealth LLC 20 Romney ST Unit 1213 Charleston SC 29403 881549707 25000 Project Development Fund Presbyterian College 503 S Broad ST Clinton SC 29325 570314408 15000 Academic Matching ProTrustee Inc 466 King ST STE 200 Charleston SC 29403 850623078 50000 Acceleration Real Motors Inc 1 Lockwood Ave Greenville SC 29607 884048004 25000 Project Development Fund Sagacity Solutions INC 25 Draper ST STE A Greenville SC 29611 883482184 25000 Project Development Fund SC Launch Inc 1000 Catawba St Columbia SC 29201 204692622 500000 Support Services Secure Process Intelligence LLC 120 Academy St Fort Mill SC 29715 871021399 75000 Project Dev./Acceleration Soil Economy LLC 1700 Wade Hampton Blvd Greenville SC 29614 880798416 25000 Project Development Fund Sojourn MedTech LLC 116 Shannon Drive Pendleton SC 29670 873093086 25000 Academic Startup Tandem Concepts Inc 10 Carolina ST Charleston SC 29403 863296187 50000 Demonstration University of South Carolina 1600 Hampton St Columbia SC 29208 576001153 501(c)(3) 484477 Academic Matching/SACT/Strategic Alignment 6 41 SCHEDULE I, PART I, LINE 2: GRANT FUNDS ARE AWARDED BASED ON AGREED-TO PERFORMANCE CRITERIA. ENTITIES RECEIVING GRANTS ARE REQUIRED TO REPORT REGULARLY ON PROGRESS MADE IN MEETING THE PERFORMANCE CRITERIA. X X X false true false false false false false false false ROBERT QUINN EXECUTIVE DIRECTOR 293434 0 26931 0 5776 0 22830 0 4110 0 353081 0 0 0 COLE DUDLEY DIRECTOR SC INDUSTRY SOLUTIONS 195828 0 14327 0 3925 0 11945 0 13191 0 239216 0 0 0 MATTHEW BELL DIRECTOR SC LAUNCH 178626 0 13271 0 4514 0 12772 0 12489 0 221672 0 0 0 JOHN SIRCY DIRECTOR OF FINANCE & ADMIN 170636 0 12845 0 8276 0 14986 0 16011 0 222754 0 0 0 WILLIAM L MACILWINEN SENIOR INVESTMENT MANAGER 169856 0 13600 0 3400 0 11161 0 13569 0 211586 0 0 0 JIM DOOLITTLE DIRECTOR, SC EPSCOR 177451 0 5000 0 0 0 12504 0 12730 0 207685 0 0 0 STEVE JOHNSON SENIOR INVESTMENT MANAGER 165907 0 10689 0 3289 0 11766 0 12429 0 204080 0 0 0 RUSSELL COOK DIR. SC ACADEMIC INNOVATIONS 174751 0 7200 0 0 0 13080 0 15305 0 210336 0 0 0 DEREK WILLIS SENIOR INVESTMENT MANAGER 157748 0 7161 0 3183 0 12592 0 12419 0 193103 0 0 0 RANDALL S CUTTS DIRECTOR SC FACILITIES 145592 0 10935 0 2916 0 10516 0 15295 0 185254 0 0 0 SCHEDULE J, PART I, LINE 4B: THE FOLLOWING INDIVIDUALS PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: ROBERT QUINN $27,000 FORM 990, PART I & PART III, LINE 1: IN ACCORDANCE WITH THE PROVISIONS OF SECTION 13-17-20 OF THE ENABLING ACT, AND THE FINDING OF THE GENERAL ASSEMBLY OF THE STATE OF SOUTH CAROLINA IN ESTABLISHING THE AUTHORITY THAT THE FUTURE ECONOMIC VIABILITY OF SOUTH CAROLINA CAN BEST BE ASSURED BY BUILDING STRONG INDUSTRIES OF ADVANCED TECHNOLOGY, THAT IN ORDER TO DEVELOP BETTER EMPLOYMENT OPPORTUNITIES AND IMPROVE THE STANDARD OF LIVING IN SOUTH CAROLINA THE STATE MUST AGGRESSIVELY PURSUE AND ENCOURAGE RESEARCH AND DEVELOPMENT ORGANIZATIONS AND HIGH TECHNOLOGY MANUFACTURERS TO LOCATE IN THIS STATE, AND THAT THIS STATE MUST TAKE STEPS TO INSURE THAT IT DEVELOPS ITS HUMAN RESOURCES BY PROVIDING OPPORTUNITIES FOR ITS RESIDENTS, THE AUTHORITY WAS ORGANIZED AND SHALL OPERATE TO ENHANCE THE RESEARCH CAPABILITIES OF THE STATE'S PUBLIC AND PRIVATE COLLEGES AND UNIVERSITIES, TO ESTABLISH A CONTINUING FORUM TO FOSTER GREATER DIALOGUE THROUGHOUT THE RESEARCH COMMUNITY WITHIN THE STATE, AND TO PROMOTE THE DEVELOPMENT OF HIGH TECHNOLOGY INDUSTRIES AND RESEARCH FACILITIES IN SOUTH CAROLINA. IN ACCORDANCE WITH THE ENABLING ACT, THE OBJECTIVES OF THE AUTHORITY INCLUDE BUT ARE NOT LIMITED TO THE FOLLOWING: (1) TO ADVANCE THE GENERAL WELFARE OF THE PEOPLE; (2) TO INCREASE THE OPPORTUNITIES FOR EMPLOYMENT OF CITIZENS OF SOUTH CAROLINA; (3) TO DEVELOP THE HUMAN, ECONOMIC, AND PRODUCTIVE RESOURCES OF SOUTH CAROLINA; (4) TO PROMOTE AND ENCOURAGE EXPANSION OF THE RESEARCH AND DEVELOPMENT SECTOR, WITH EMPHASIS ON CAPITAL FORMATION AND INVESTMENTS IN RESEARCH AND DEVELOPMENT WITHIN SOUTH CAROLINA; (5) TO CREATE AND MAINTAIN A DIALOGUE BETWEEN THE PUBLIC AND PRIVATE RESEARCH COMMUNITIES; (6) TO ENHANCE THE POTENTIAL FOR PRIVATE SUPPORT FOR SOUTH CAROLINA PUBLIC AND PRIVATE COLLEGES AND UNIVERSITIES, TO PROMOTE COOPERATIVE RESEARCH EFFORTS BETWEEN THE PRIVATE SECTOR AND SUCH COLLEGES AND UNIVERSITIES, AND TO STRENGTHEN THE PARTNERSHIP AMONG STATE GOVERNMENT, HIGHER EDUCATION, AND BUSINESS AND INDUSTRY; (7) TO ASSIST SOUTH CAROLINA PUBLIC AND PRIVATE COLLEGES AND UNIVERSITIES IN ATTRACTING NATIONALLY PROMINENT ACADEMIC RESEARCHERS AND PROFESSORS AND TO SERVE AS AN INITIAL LINKAGE BETWEEN THE STATE'S OUTSTANDING EXISTING RESEARCH AND THE BUSINESS AND INDUSTRIAL SECTOR; (8) TO MAXIMIZE THE RESEARCH CAPABILITIES OF THE PUBLIC AND PRIVATE COLLEGES AND UNIVERSITIES IN SOUTH CAROLINA; AND (9) TO FOSTER AND ADVANCE BOTH THE CAPABILITY AND RECOGNITION OF SOUTH CAROLINA AS AN INTERNATIONAL LEADER IN IDEA GENERATION AND THE DEVELOPMENT, TESTING, AND IMPLEMENTATION OF NEW ADVANCES IN SCIENCE AND TECHNOLOGY. FORM 990, PART VI, SECTION A, LINE 7A: THE SCRA SHALL CONSIST OF A BOARD OF TWENTY FOUR TRUSTEES THAT INCLUDES THE FOLLOWING EX OFFICIO MEMBERS: PRESIDENT OF THE COUNCIL OF PRIVATE COLLEGES OF SOUTH CAROLINA, CHAIRMAN OF THE SOUTH CAROLINA COMMISSION ON HIGHER EDUCATION, PRESIDENT OF CLEMSON UNIVERSITY, PRESIDENT OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA, PRESIDENT OF SOUTH CAROLINA STATE COLLEGE, PRESIDENT OF THE UNIVERSITY OF SOUTH CAROLINA, DIRECTOR OF SAVANNAH RIVER NATIONAL LABORATORY, PRESIDENT OF FRANCIS MARION UNIVERSITY, CHAIRMAN OF THE STATE BOARD FOR TECHNICAL AND COMPREHENSIVE EDUCATION, GOVERNOR OF SOUTH CAROLINA OR HIS DESIGNEE, CHAIRMAN OF THE HOUSE WAYS AND MEANS COMMITTEE OR HIS DESIGNEE, CHAIRMAN OF THE SENATE FINANCE COMMITTEE OR HIS DESIGNEE, AND THE SECRETARY OF COMMERCE OR HIS DESIGNEE. THE GOVERNOR SHALL NAME THE CHAIRMAN WHO MUST NOT BE A PUBLIC OFFICIAL AND WHO SERVES AT THE PLEASURE OF THE GOVERNOR. THE REMAINING TEN TRUSTEES MUST BE ELECTED BY THE BOARD OF TRUSTEES FROM A LIST OF NOMINEES SUBMITTED BY AN AD HOC COMMITTEE NAMED BY THE CHAIRMAN AND COMPOSED OF THE MEMBERS SERVING AS ELECTED TRUSTEES. EACH OF THE CONGRESSIONAL DISTRICTS OF SOUTH CAROLINA MUST HAVE AT LEAST ONE OF THE TEN TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B: PRIOR TO SUBMISSION TO THE IRS, SCRA'S DIRECTOR OF FINANCE AND ADMINISTRATION, ITS CONTROLLER AND ITS INDEPENDENT AUDIT FIRM REVIEW THE 990 IN DETAIL. IT IS REVIEWED BY THE SCRA AUDIT & FINANCE COMMITTEE AND IS MADE AVAILABLE TO THE BOARD OF TRUSTEES FOR THEIR REVIEW BEFORE IT IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C: SCRA OFFICERS AND TRUSTEES ARE SUBJECT TO SOUTH CAROLINA LAW AND ARE REQUIRED TO FILE AN ANNUAL DISCLOSURE WITH THE SOUTH CAROLINA STATE ETHICS COMMISSION. FORM 990, PART VI, SECTION B, LINE 15: COMPENSATION FOR SCRA'S EMPLOYEES, INCLUDING THAT OF OFFICERS AND KEY EMPLOYEES, IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES (THE GOVERNING BODY FOR SCRA) AS RECOMMENDED BY THE AUDIT & FINANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST UNDER THE SC FOIA LAWS. SCRA IS GOVERNED BY TITLE 13, CHAPTER 17 OF THE SC CODE OF LAWS. FORM 990, PART XII, LINE 2C: OVERSIGHT OF AUDIT: THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. SC Launch Inc 1000 Catawba Street Columbia SC 29201 204692622 Invest in Tec SC 501(c)(3) 11C, III-FI SCRA false false true false false false false false false false false false true false true true false false false false