Daffy

Palmetto Economic Development Corp

Palmetto Economic Development Corp

Columbia, SC
Tax ID57-0873176

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$3,090,513

Expenses

$3,310,866

Mission

Palmetto Economic Development Corporation is the economic development alliance of the state-owned electric utility, Santee Cooper, and Central Power Cooperative Inc. Together they provide power to more than 2 million South Carolinians.

About

Encourages economic development that will provide economic opportunities to the citizens of South Carolina.

Interesting data from their 2017 990 filing

The non-profit's mission is outlined in the filing as being “Palmetto economic development corporation is the economic development alliance of the state-owned electric utility, santee cooper, and the state's 20 electric cooperatives. together they provide power to more than 2 million south carolinians.”.

When outlining its responsibilities, they were referred to as: “Palmetto economic development corporation is the economic development alliance of the state-owned electric utility, santee cooper, and central power cooperative inc. together they provide power to more than 2 million south carolinians.”.

  • The state in which the non-profit operates has been officially reported as SC.
  • The filing reveals the non-profit's address in 2017 to be 1201 MAIN STREET SUITE 1710, COLUMBIA, SC, 29201.
  • As per the non-profit's form for 2017, they have 12 employees on their payroll.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$220,353.
  • The organization has 8 independent voting members.
  • The organization was formed in 1988.
  • The organization pays $1,844,475 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.