2025-11-12T15:19:34-06:00 2025-06-30 990 2024-07-01 010749454 CHS DEVELOPMENT CORPORATION % Jeremy B Dunlap CHSD 8437924128 1 SOUTH PARK CIRCLE BUILDING 1 STE CHARLESTON SC 29407 JEREMY B DUNLAP President 8437924128 2025-11-12 true 2024 2025-03-06 01:10:19Z JEREMY B DUNLAP 1 SOUTH PARK CIRCLE BLDG 1 Ste 402 CHARLESTON SC 29407 0 false X X 2002 SC TO DEVELOP AND LEASE PROPERTIES FOR THE MEDICAL UNIVERSITY OF SOUTH CAROLINA A PUBLIC INSTITUTION OF HIGHER LEARNING 4 0 0 0 0 0 0 125843 0 0 125843 0 0 0 0 0 0 821616 0 821616 0 -695773 0 370565 370565 0 370565 370565 TO DEVELOP AND LEASE PROPERTIES FOR THE MEDICAL UNIVERSITY OF SOUTH CAROLINA, A PUBLIC INSTITUTION OF HIGHER LEARNING. false false CHS DEVELOPMENT CORPORTATION ASSISTED THE MEDICAL UNIVERSITY OF SOUTH CAROLINA (MUSC) BY RENOVATING AND CONSTRUCTING IMPROVEMENTS TO PROVIDE OFFICE SPACE, CLASSROOMS,AND PARKING FACILITIES FOR USE BY MUSC IN CARRYING OUT THE UNIVERSITYS EDUCATIONAL, CHARITABLE AND ELEEMOSYNARY PURPOSES. MUSC IS A PUBLIC INSTITUTION OF HIGHER LEARNING AND A BODY POLITIC AND CORPORATE UNDER THE LAWS OF THE STATE OF SOUTH CAROLINA. true false false false false false false false false false false false false false false false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false true true false false false true 0 0 true 0 false false false false false false false false X 4 0 false false false false false false false true true false false true true true true true true true true false X JEREMY B DUNLAP 8437924128 1 SOUTH PARK CIR BLDG 1 CHARLESTON SC 29407 X JEREMY B DUNLAP PRESIDENT 0.00 0.00 X X 0 0 0 SUSIE F EDWARDS VICEPRESIDENT 0.00 0.00 X X 0 0 0 ANGELA ALFORD SECRETARY 0.00 0.00 X X 0 0 0 JODY M LATHAM ASST SECRETARY 0.00 0.00 X X 0 0 0 0 0 0 0 false false false 0 0 0 0 0 0 0 0 0 370565 370565 370565 370565 0 0 X 370565 370565 370565 370565 370565 370565 0 0 X false false false X X X 1 MEDICAL UNIV OF SCAROLINA 576000722 2 true 0 0 1 0 true true false false false false false false false false false false false false false true true true X true true false false PART IV,A, Q2 CHS DEVELOPMENT CORPORTATION DETERMINED THAT THE MEDICAL PART IV,A, Q2 UNIVERSITY OF SOUTH CAROLINA (MUSC) IS DEEMED TO BE A 509(a)(1) PART IV,A, Q2 ORGANIZATION AS DEFINED BY THE INTERNAL REVENUE CODE. MUSC IS PART IV,A, Q2 AN ORGANIZATION DESCRIBED IN SECTION 170(b)(1)(A) AS AN PART IV,A, Q2 "EDUCATIONAL ORGANIZATION WHICH NORMALLY MAINTAINS A REGULAR PART IV,A, Q2 FACULTY AND CURRICULUM AND NORMALLY HAS A REGULARY ENROLLED BODY PART IV,A, Q2 OF PUPILS OR STUDENTS IN ATTENDANCE." PART IV, D, Q3 THE OFFICERS OF CHS DEVELOPMENT CORPORATION ARE FULL-TIME PART IV, D, Q3 EMPLOYEES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA (MUSC). PART IV, D, Q3 AS A RESULT, MUSC AS A SUPPORTING ORGANIZATION HAS A CRITICAL PART IV, D, Q3 ROLL IN GOVERNING THE ORGANIZATION'S FINANCIAL DIRECTION. PART IV, E, Q1C CHS DEVELOPMENT CORPORATION ASSISTED MUSC BY RENOVATING PART IV, E, Q1C AND CONSTRUCTING IMPROVEMENTS FOR USE BY MUSC PART IV, E, Q1C IN CARRYING OUT THE UNIVERSITY'S EDUCATION, CHARITABLE PART IV, E, Q1C AND ELEEMOSYNARY PURPOSES. MUSC IS A PUBLIC INSTITUTION PART IV, E, Q1C OF HIGHER LEARNING AND A BODY POLITIC AND PART IV, E, Q1C CORPORATE UNDER THE LAWS OF THE STATE OF SOUTH CAROLINA. Part I The organization is not a private foundation because box 12 Part IV Sec A Line 2 MUSC IS DEEMED TO BE A 509(a)(1) ORGANIZATION DUE TO BEING AN "EDUCATIONAL ORGANIZATION" THAT MAINTAINS A REGULAR FACULTY AND STUDENTS. Part IV Sec D Line 3 THE OFFICERS OF CHS DEVELOPMENT CORPORATION ARE FULL-TIME EMPLOYEES OF MUSC AND AS A RESULT, MUSC HAS A CRITICAL ROLL IN FINANCIAL DECISIONS. Part IV Sec E Line 1c CHS DEVELOPMENT CORP ASSISTED MUSC THROUGH RENOVATION PROJECTS THAT AID MUSC IN CARRYING OUT THE UNIVERSITY'S EDUCATIONAL AND OTHER FUNCTIONS. Part IV Sec E Line 2a CHS DEVELOPMENT CORP ASSISTED MUSC THROUGH CONSTRUCTION PROJECTS TO SUPPORT IT'S EDUCATIONAL MISSION. Part IV Sec E Line 2b MUSC REQUIRES BUILDING RENOVATION & CONSTRUCTION SUPPORT TO CONTINUE TO FUNCTION AND FULFILL IT'S CORE MISSION. Part IV Sec E Line 3a MUSC IS PART OF A HOSPITAL SYSTEM Part IV Sec E Line 3c ALL CHS DEVELOPMENT OFFICERS ARE MUSC EMPLOYEES. A C JOBS- ECONOMIC DEV AUTH 570960018 837031NB5 2003-11-20 33091963 RENOVATE BUILDINGS true true true A B C D A B C D A B C D A B C D Part VI Line 11b UPON COMPLEION OF FORM 990, A COPY IS GIVEN TO EACH MEMBER OF THE Part VI Line 11b BOARD OF DIRECTORS FOR APPROVAL AND ADDRESS ANY QUESTIONS OR CONCERNS. Part VI Line 12c ALL BOARD MEMBERS ARE REQUIRED TO ANNUALLY REVIEW AND COMPLETE THE Part VI Line 12c CONFLICT OF INTEREST POLICY WHICH IS ESTABLISHED AND ENFORCED BY MUSC. Part VI Line 19 THE ENTITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND Part VI Line 19 FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART VI, B, LN 11 UPON COMPLETION OF FORM 990, A COPY IS GIVEN TO EACH MEMBER PART VI, B, LN 11 OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. PART VI, B, LN 11 AT THIS TIME, ANY QUESTIONS OR CONCERNS ARE ADDRESSED. PART VI, B, LN 12 ALL BOARD MEMBERS ARE EMPLOYEES OF THE RELATED ENTITY, THE MEDICAL PART VI, B, LN 12 UNIVERSITY OF SOUTH CAROLINA, AND THERE ARE NO OTHER EMPLOYEES. PART VI, B, LN 12 ALL BOARD MEMBERS ARE REQUIRED TO ANNUALLY REVIEW AND COMPLETE PART VI, B, LN 12 THE CONFLICT OF INTEREST POLICY WHICH IS ESTABLISHED AND PART VI, B, LN 12 ENFORCED BY MUSC. PART VI,C, LN 15 THERE ARE NO PAID BOARD MEMBERS OR EMPLOYEES. ALL BOARD MEMBERS PART VI,C, LN 15 ARE EMPLOYEES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA, PART VI,C, LN 15 A PUBLIC INSTITUTION OF HIGHER LEARNING. THEIR SALARIES ARE PART VI,C, LN 15 ESTABLISHED AS PROVIDED BY THE STATE OF SOUTH CAROLINA LAW. PART VI,C, LN 19 THE ENTITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST PART VI,C, LN 19 POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON PART VI,C, LN 19 REQUEST. PART IV, LN 12 CHS DEVELOPMENT CORPORATION FINANCIAL STATEMENTS WERE PART IV, LN 12 INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS PART IV, LN 12 OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA. MEDICAL UNIVERSITY OF SOUTH CAROLINA 576000722 HIGHER EDUCATION SC IRC SEC 1151 MUSC false false false false false false false false false false false false false false false false false false false false