2025-11-12T07:53:17-06:00 2024-12-31 570776381 WEBSTERROGERS LLP 1411 2ND LOOP RD FLORENCE SC 29505 990 2024-01-01 475435410 GREATER LAKE CITY ALLIANCE GREA 8433740138 133-B EAST MAIN STREET LAKE CITY SC 295602626 ROBERT TILTON CHAIR 8433740138 2025-11-11 1 1 SHARON C NORRIS CPA P00106174 8436655900 2024 2025-03-06 01:10:19Z ROBERT TILTON 133-B EAST MAIN STREET LAKE CITY SC 295602626 14588084 0 X N/A X 2015 SC TO PROVIDE FINANCIAL SUPPORT TO GOVERNMENTAL ENTITIES, SECTION 501(C)(3) ORGANIZATIONS, AND OTHER ENTITIES, AS WELL AS TO ENGAGE DIRECTLY IN COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES, THAT FURTHER THESE PURPOSES. 6 6 12 6 3945565 0 10209709 10185584 3628363 3969781 65068 186316 -579040 -552173 13324100 13789508 0 400 0 0 717529 745486 0 0 52 5808809 6638863 6526338 7384749 6797762 6404759 88351265 94798773 51770 46455 88299495 94752318 TO PROVIDE FINANCIAL SUPPORT TO GOVERNMENTAL ENTITIES, SECTION501(C)(3) ORGANIZATIONS, AND OTHER ENTITIES, AS WELL AS TO ENGAGEDIRECTLY IN COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES, THATFURTHER THESE PURPOSES. 0 0 1545894 11838 PROVIDING FINANCIAL ASSISTANCE TO THE CITY FOR VARIOUS PROJECTS TO ENHANCE THE CITY OF LAKE CITY. PROJECTS INCLUDE, 37 UNIT APARTMENT COMPLEX, THE SITE WORK STARTED IN 2023, CONSULTING SERVICES PERTAINING TO WATER AND SEWER OF LAKE CITY, AND RE-ZONING OF LAKE CITY. 3568961 3945565 IN 2018 THE ORGANIZATION TOOK OVER THE OPERATIONS OF THE INN WHICH IS THE CORNERSTONE OF DOWNTOWN DEVELOPMENT IN LAKE CITY.THE RV PARK CONTINUES TO OPERATE AND PROVIDE A PLACE FOR PEOPLE TO STAY WHILE VISITING LAKE CITY. THESE ENDEAVOURS ARE TO CONTINUE THE MISSION OF GREATER LAKE CITY ALLIANCE. GLCA ALSO OPERATES THE CROSSROADS HOSPITALITY GROUP WHICH PROVIDES SERVICES AND CHG OPERATES THE GREEN FROG SOCIAL HOUSE RESTAURANT, LC BISTRO (RESTAURANT AT THE INN AT THE CROSSROADS). GLCA HAS A PROPERTY MANAGEMENT COMPONENT INVOLVING RENT/LEASE OF OFFICE SPACE AND/OR APARTMENTS. CONSTRUCTION OF THE MCALISTER STREET APARTMENTS IS ONGOING WIHT A TOTAL OF 37 2-BEDROOM UNITS WITH AN ANTICIPATED OPENING DATE OF DECEMBER 2025. 1756893 400 14216 THE CONTINUUM CONTINUES OPERATIONS AS A DUAL ENROLLMENT PROGRAM BETWEEN AREA HIGH SCHOOLS, FRANCIS MARION UNIVERSITY AND FLORENCE DARLINGTON TECHNICAL COLLEGE. 6871748 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 35 0 1 12 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X DAVID M HOLLADAY 8433740138 133-B EAST MAIN STREET LAKE CITY SC 29560 X DAVID E GREEN DIRECTOR 0.50 X 0 0 0 ROBERT PHILLIPS DIRECTOR 0.50 X 0 0 0 COLLIN ALTMAN DIRECTOR 0.50 X 0 0 0 LEE NETTLES DIRECTOR 0.50 X 0 0 0 ANNA BURROWN MCCLELLAN DIRECTOR 0.50 X 0 0 0 ROBERT TILTON CHAIR 0.50 X 0 0 0 HARRY LESESNE EXECUTIVE DIRECTOR 40.00 X 0 0 0 JASON E MORSE PROJECT MANAGER 40.00 X 178278 0 7122 178278 0 7122 1 0 1 0 929 CONSTRUCTION LLC 5711 SIX FORKS RD STE 200 RALEIGH NC 27609 CONSTRUCTION 3340277 NETTLES TURBEVILLE AND REDDECK PO BOX 699 LAKE CITY SC 29560 ATTORNEY 218668 2 10584 10175000 45000 10185584 INN 721110 2094284 2094284 CROSSROADS ON MAIN 721110 1614469 1614469 RV PARK INCOME 721210 236812 236812 CONTINUUM 900099 14216 14216 INTEREST-MISHOE 900099 10000 10000 3969781 139473 139473 321159 798576 -477417 -477417 -477417 46843 0 46843 46843 46843 MISCELLANEOUS 900099 1513 1513 PARTNERSHIP 900099 -76269 -76269 -74756 13789508 25729 3945565 -367370 X 400 400 627989 434159 193830 21386 14756 6630 51336 35422 15914 44775 30895 13880 9665 9665 53166 53166 748936 739929 9007 24334 24334 14708 6834 7874 211399 207961 3438 36426 31471 4955 762313 657992 104321 68087 48134 19953 CROSSROADS ON MAIN 1890046 1890046 INN 1641717 1641717 BAD DEBT 348900 348900 CLASSROOM SUPPLIES 260746 260746 568420 488387 79981 52 7384749 6871748 512949 52 2848863 248399 2123714 4163134 682718 274897 24828 22763 91887264 4539959 79870797 87347305 2800345 2742275 88351265 94798773 51770 46455 51770 46455 X 0 0 0 0 88299495 94752318 88299495 94752318 88351265 94798773 6404759 48064 0 X 0 0 0 X 2081090 17394235 14769900 10209709 10185584 54640518 2081090 17394235 14769900 10209709 10185584 54640518 44296457 10344061 227901 331541 441696 318459 384363 1703960 433569 7177 549503 6566 1838 998653 57343131 177605 0.18040 0.15230 X GREATER LAKE CITY ALLIANCE ("THE CORPORATION") IS A SOUTH CAROLINA NONPROFIT CORPORATION INCORPORATED ON JULY 28, 2015. THE CORPORATION IS FORMED AS AN INDEPENDENT, NONPROFIT, NONPARTISAN ORGANIZATION WITH THE MISSION TO PROVIDE FINANCIAL SUPPORT TO GOVERNMENTAL ENTITIES, SECTION 501 (C) (3) ORGANIZATIONS, AND OTHER ENTITIES, AS WELL AS TO ENGAGE DIRECTLY IN COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES, THAT FURTHER THESE PURPOSES. THE ORGANIZATION PROVIDES AVENUES TO INCREASE THE WELFARE OF LAKE CITY BY OPERATIONS OF THE CORNERSTONE OF LAKE CITY (THE INN), OPERATIONS OF (THE CONTINUUM), A DUAL ENROLLMENT AND WORK FORCE DEVELOPMENT FACILITY, AND ASSISTANCE TO THE CITY FOR PROJECTS THAT BETTER LAKE CITY. THE INTERNAL REVENUE SERVICE HAS ISSUED A DETERMINATION LETTER STATING THAT THE CORPORATION IS A CHARITABLE AND EDUCATION ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE.THIS IS THE 10TH YEAR OF THE ORGANIZATION'S OPERATIONS, AND BASED UPON THE DISCUSSION BELOW, THE CORPORATION QUALIFIES AS A PUBLICLY-SUPPORTED ORGANIZATION UNDER IRC 509(A)(1) AND 170(B)(1)(A)(VI). FOR THE REASONS DESCRIBED BELOW, THE CORPORATION SATISFIES THE ALTERNATE FACTS-AND-CIRCUMSTANCES TEST AND, THEREFORE, QUALIFIES AS A PUBLICLY-SUPPORTED ORGANIZATION.1.THE CORPORATION'S PUBLIC SUPPORT PERCENTAGE EXCEEDS THE 10% THRESHOLD IN 2024.2.THE CORPORATION IS AN INDEPENDENT, NONPARTISAN AND NONPROFIT ORGANIZATION. THE CENTRAL MISSION AND SINGULAR GOAL OF THE CORPORATION IS TO FOSTER A CULTURALLY-RICH ENVIRONMENT IN THE REGION AND TO SERVE AS A LEADER IN THE CULTIVATION AND ENHANCEMENT OF THE REGION'S CREATIVE ECONOMY BY CREATING, SPONSORING, OR PROMOTING PROGRAMS THAT CONNECT THE COMMUNITY THROUGH PROVIDING ASSISTANCE TO THE CITY, CORNERSTONE OPERATIONS, AND OPERATING AN EDUCATIONAL FACILITY. ALL OF THESE PROGRAMS POSITIVELY AFFECT THE COMMUNITY'S SCHOOLS AND EDUCATION SYSTEM; INCREASE TOURISM AND PROVIDE TOURISM BASED INITIATIVES; AND POSITIVELY IMPACT THE QUALITY OF LIFE FOR ALL CITIZENS IN THE GREATER LAKE CITY AREA THROUGH THESE PROGRAMS.PAST EFFORTS OF THE CORPORATION AT THE STATE AND REGIONAL POLICY LEVELS HAVE INCLUDED:"DEVELOPING, PLANNING, AND PROMOTING A ROUND-ABOUT PROJECT, CONSULTING SERVICES PERTAINING TO WATER AND SEWER OF LAKE CITY, AND RE-ZONING OF LAKE CITY."BUILDING UP BUSINESS IN THE LAKE CITY AREA. "PROVIDING AN EDUCATIONAL FACILITY FOR HIGHER EDUCATION. 3.THE CORPORATION'S BOARD OF DIRECTORS REPRESENTS THE BROAD INTERESTS OF THE PUBLIC, RATHER THAN THE PERSONAL OR PRIVATE INTERESTS OF A LIMITED NUMBER OF DONORS, AND INCLUDES SEVERAL COMMUNITY LEADERS ALL ACROSS SOUTH CAROLINA.FOR THE REASONS DESCRIBED ABOVE, GREATER LAKE CITY ALLIANCE SATISFIES THE ALTERNATE FACTS AND CIRCUMSTANCES TEST AND, THEREFORE, QUALIFIES AS A PUBLICLY-SUPPORTED ORGANIZATION UNDER SECTION 170(B)(1)(A)(VI) OF THE INTERNAL REVENUE CODE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 90677657 3838954 86838703 251620 251620 804956 701005 103951 153031 153031 87347305 SECURITY DEPOSITS & PRE-PAID RENT 21063 COM ACCOUNTS PAYABLE 25392 46455 0 0 0 0 0 0 0 0 0 JASON E MORSE PROJECT MANAGER 178278 0 0 0 0 0 7122 0 0 0 185400 0 0 0 X PIANO 1 45000 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE RETURN IS SENT VIA EMAIL TO THE DIRECTORS ASKING FOR COMMENTS OR QUESTIONS BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE POLICY IS MONITORED THROUGH ANNUAL SUBMISSION OF CONFLICT OF INTEREST FORMS AND FOLLOW-UP WHERE NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE GREATER LAKE CITY COMMUNITY DEVELOPMENT OFFICE BOARD OF DIRECTORS HAS ADOPTED AN EXECUTIVE COMPENSATION POLICY AND BASES COMPENSATION LEVELS USING COMPARABILITY SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 THE GREATER LAKE CITY COMMUNITY DEVELOPMENT OFFICE HONORS THE REQUIREMENTS OF THE LAWS GOVERNING REQUESTS FOR SUCH DOCUMENTS FROM THE PUBLIC AND FEDERAL AND STATE AGENCIES. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES -253. MANAGEMENT AND GENERAL EXPENSES -12. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -265. CONSULTING: PROGRAM SERVICE EXPENSES 276,163. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 276,163. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 697. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 697. MERCHANT FEES: PROGRAM SERVICE EXPENSES 16,869. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,869. OUTSIDE CONTRACT: PROGRAM SERVICE EXPENSES 446,453. MANAGEMENT AND GENERAL EXPENSES 8,994. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 455,447. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 25. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25. CROSSROADS ON MAIN LLS 108 E MAIN ST LAKE CITY SC 29560 352643865 INN SC 1614469 232945 GREATER LAKE CITY ALLIANCE