2021-01-08T10:23:38-06:00 2020-06-30 205788602 GLASER AND COMPANY LLC 149 E BAY ST SUITE 200 CHARLESTON SC 294013134 990 2019-07-01 571015804 CHARLESTON REGIONAL DEVELOPMENT ALLIANCE CHAR 8437679300 4401 BELLE OAKS DRIVE SUITE 420 NORTH CHARLESTON SC 29405 DAVID GINN PRESIDENT AND CEO 8437679300 2021-01-08 true ERIK M GLASER CPA P00724565 8438490179 2021-01-08 2019 2022-09-23 18:48:47Z DAVID GINN 4401 BELLE OAKS DRIVE SUITE 420 NORTH CHARLESTON SC 29405 3661501 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) 98 98 16 98 0 3477291 3640725 30661 0 22475 18291 5965 2485 3536392 3661501 0 0 1814716 1678260 154575 0 156697 1592289 1514078 3561580 3192338 -25188 469163 2395166 2681592 379169 245952 2015997 2435640 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 2810206 CRDA SERVES AS A CATALYST FOR LONG-TERM REGIONAL PROSPERITY BY ATTRACTING THE WORLD'S BEST COMPANIES, TALENT AND ENTREPRENEURS. IN FY19-20, WE BEGAN THE YEAR WITH AN AGGRESSIVE BUSINESS DEVELOPMENT EFFORT, INCLUDING 100 COMPANY MEETINGS IN 100 DAYS. WE PARTNERED WITH OUR LOCAL AND STATE ALLIES TO FACILITATE ECONOMIC DEVELOPMENT PROJECTS RESULTING IN 28 MILLION IN NEW CAPITAL INVESTMENT AND 700 DIRECT JOBS WITH AN ANNUAL ECONOMIC IMPACT OF 520 MILLION. OUR GLOBALLY FOCUSED MEDIA RELATIONS PROGRAM RESULTED IN 176 MEDIA PLACEMENTS VALUED AT 163 MILLION IN ADVERTISING EQUIVALENCY. IN EARLY MARCH, AS THE GLOBAL PANDEMIC BEGAN TO SEVERELY IMPACT OUR LOCAL ECONOMY, WE ADJUSTED OUR SHORT-TERM STRATEGIES TO HELP OUR REGION REBOUND AS QUICKLY AS POSSIBLE. (CONTINUED ON SCHEDULE O) 2810206 false false false true false false false false false true false false false true 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 true 14 0 16 true false false false false true true false false false X 98 98 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 303276 0 23072 MICHAEL J GRANEY VP GLOB BUS 40.00 X 193452 0 15528 KAREN H KUCHENBECKER VP OPERATION 40.00 X 167668 0 12026 REBECCA L FORD DR GLOB BUS 40.00 X 101532 0 8298 A VICTOR RAWL DIRECTOR 0.25 X 0 0 0 ALAN TOWNSEND DIRECTOR 0.25 X 0 0 0 ANDY BRUSMAN DIRECTOR 0.25 X 0 0 0 ANITA ZUCKER DIRECTOR 0.25 X 0 0 0 BARRY WHALEN DIRECTOR 0.25 X 0 0 0 BILL MEDICH DIRECTOR 0.25 X 0 0 0 BOB QUINN DIRECTOR 0.25 X 0 0 0 BOB WALKER DIRECTOR 0.25 X 0 0 0 BOBBY CREECH DIRECTOR 0.25 X 0 0 0 BRAD CUNIC DIRECTOR 0.25 X 0 0 0 BRANTLEY MOODY ROLLED OFF DIRECTOR 0.25 X 0 0 0 BRYAN DERREBERRY DIRECTOR 0.25 X 0 0 0 C DINOS LIOLLIO DIRECTOR 0.25 X 0 0 0 CARL KOLTS DIRECTOR 0.25 X 0 0 0 CAROLINE BROWN DIRECTOR 0.25 X 0 0 0 CHRIS FRASER DIRECTOR 0.25 X 0 0 0 CHRIS RANDOLPH DIRECTOR 0.25 X 0 0 0 CHRISTOPH BODE DIRECTOR 0.25 X 0 0 0 CHRISTOPHER IBSEN 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 DEEPAL ELIATAMBY DIRECTOR 0.25 X 0 0 0 DIXON WOODWARD DIRECTOR 0.25 X 0 0 0 DONDI COSTIN DIRECTOR 0.25 X 0 0 0 ELIZABETH GIBBES DIRECTOR 0.25 X 0 0 0 GP DIMINICH DIRECTOR 0.25 X 0 0 0 GEORGE MORRISON DIRECTOR 0.25 X 0 0 0 GEORGE TEMPLE IV DIRECTOR 0.25 X 0 0 0 GRADY JOHNSON DIRECTOR 0.25 X 0 0 0 GREGORY HABIB DIRECTOR 0.25 X 0 0 0 HELENA BERGSTROM-PILO DIRECTOR 0.25 X 0 0 0 J WALKER COLEMAN IV DIRECTOR 0.25 X 0 0 0 JAY BYARS DIRECTOR 0.25 X 0 0 0 JACK SCHURLKNIGHT DIRECTOR 0.25 X 0 0 0 JACK MITCHELL ROLLED OFF DIRECTOR 0.25 X 0 0 0 JEFF TRENNING DIRECTOR 0.25 X 0 0 0 JEFF SPICER DIRECTOR 0.25 X 0 0 0 JENNY COSTA HONEYCUTT DIRECTOR 0.25 X 0 0 0 JEREMY COOK DIRECTOR 0.25 X 0 0 0 JIM POSDA DIRECTOR 0.25 X 0 0 0 JON DOWNEY DIRECTOR 0.25 X 0 0 0 JOHN TECKLENBURG DIRECTOR 0.25 X 0 0 0 JOHN FORTSON DIRECTOR 0.25 X 0 0 0 JOHN HAGERTY CHAIRMAN 2.00 X X 0 0 0 JOHN DORRIAN DIRECTOR 0.25 X 0 0 0 JOHNNY CRIBB DIRECTOR 0.25 X 0 0 0 JONATHAN STEINBERG DIRECTOR 0.25 X 0 0 0 JOSHUA S WHITLEY DIRECTOR 0.25 X 0 0 0 JULIE EDWARDS DIRECTOR 0.25 X 0 0 0 KAI WOERNER DIRECTOR 0.25 X 0 0 0 KIN HILL DIRECTOR 0.25 X 0 0 0 KIMBERLY LEASE DIRECTOR 0.25 X 0 0 0 LEN HUTCHISON DIRECTOR 0.25 X 0 0 0 LEN HOWELL DIRECTOR 0.25 X 0 0 0 LILYN HESTER DIRECTOR 0.25 X 0 0 0 LINDSAY E LEONARD DIRECTOR 0.25 X 0 0 0 LUCIE NEELY ROLLED OFF DIRECTOR 0.25 X 0 0 0 MARK GADDY DIRECTOR 0.25 X 0 0 0 MARK HOOD DIRECTOR 0.25 X 0 0 0 MARY GARCIA DIRECTOR 0.25 X 0 0 0 MARY BARRINEAU DIRECTOR 0.25 X 0 0 0 MARK LATTANZIO ROLLED OFF DIRECTOR 0.25 X 0 0 0 MARGARET COLQUITT ROLLED OFF DIRECTOR 0.25 X 0 0 0 MATT SLOAN ROLLED OFF DIRECTOR 0.25 X 0 0 0 MELVIN WILLIAMS DIRECTOR 0.25 X 0 0 0 MELVIN CLINE DIRECTOR 0.25 X 0 0 0 MICHAEL SCARAFILE DIRECTOR 0.25 X 0 0 0 MICHAEL E BAKER DIRECTOR 0.25 X 0 0 0 MIKE HORTON DIRECTOR 0.25 X 0 0 0 MIKE CARTER DIRECTOR 0.25 X 0 0 0 MILTON THOMAS III DIRECTOR 0.25 X 0 0 0 PAIGE CARLTON DIRECTOR 0.25 X 0 0 0 PAMELA WILLIAMS DIRECTOR 0.25 X 0 0 0 PAUL CAMPBELL JR DIRECTOR 0.25 X 0 0 0 PAUL PATRICK DIRECTOR 0.25 X 0 0 0 PETER FENNELLY DIRECTOR 0.25 X 0 0 0 PETER BRAHM DIRECTOR 0.25 X 0 0 0 R KEITH SUMMEY DIRECTOR 0.25 X 0 0 0 REEVES SKEEN DIRECTOR 0.25 X 0 0 0 RICK MIXSON DIRECTOR 0.25 X 0 0 0 RICHARD GARCIAROLLED OFF DIRECTOR 0.25 X 0 0 0 RICKY WARING DIRECTOR 0.25 X 0 0 0 RITA BERRY DIRECTOR 0.25 X 0 0 0 ROBERT RYAN DIRECTOR 0.25 X 0 0 0 ROBERT PRATT IMMEDIATE PA 2.00 X X 0 0 0 RUDY THOMAS DIRECTOR 0.25 X 0 0 0 SAM MCCACHERN DIRECTOR 0.25 X 0 0 0 SCOTT FENNELL DIRECTOR 0.25 X 0 0 0 SCOTT SHARP DIRECTOR 0.25 X 0 0 0 STEPHANIE FEW DIRECTOR 0.25 X 0 0 0 STEVE GALLAGHER DIRECTOR 0.25 X 0 0 0 STEVE WARNER DIRECTOR 0.25 X 0 0 0 STUART COLEMAN DIRECTOR 0.25 X 0 0 0 STUART WHITESIDE DIRECTOR 0.25 X 0 0 0 TAMMY COGHILL DIRECTOR 0.25 X 0 0 0 TIM GROW TREASURER 2.00 X X 0 0 0 TODD GALLATI DIRECTOR 0.25 X 0 0 0 TONY POPE DIRECTOR 0.25 X 0 0 0 TUSHAR CHIKHLIKER DIRECTOR 0.25 X 0 0 0 TYRE MOORE DIRECTOR 0.25 X 0 0 0 WELDEN JOHNSTON DIRECTOR 0.25 X 0 0 0 WILL HELMLY DIRECTOR 0.25 X 0 0 0 WILL HAYNIE DIRECTOR 0.25 X 0 0 0 WILLIAM HEARN DIRECTOR 0.25 X 0 0 0 WILLIAM RUSSELL III DIRECTOR 0.25 X 0 0 0 765928 58924 4 false true false 1725110 1915615 3640725 18291 18291 401K FORFEITURES 900099 2485 2485 2485 3661501 20776 866632 719635 107169 39828 483039 405856 17406 59777 109945 91683 10148 8114 122250 101944 11284 9022 96394 80383 8897 7114 1430 1430 43274 35917 4761 2596 46643 36576 9330 737 380143 380143 81223 67114 9187 4922 82825 71688 7229 3908 276616 228567 31286 16763 366919 366919 44371 36664 5018 2689 18764 15505 2122 1137 MARKET RESEARCH 159183 159183 MEMBERSHIPS AND SPONSORS 11204 11204 MISCELLANEOUS 1483 1225 168 90 3192338 2810206 225435 156697 1342792 735540 627017 1431748 11707 115700 98081 48972 755387 460755 260569 294632 55000 55000 2395166 2681592 229874 115284 149295 130668 379169 245952 X 1403657 1815849 612340 619791 2015997 2435640 2395166 2681592 X 469163 730 -50250 X false true X true false false false false 537004 254130 282874 108016 102887 5129 110367 103738 6629 294632 DEFERRED LEASE OBLIGATION 130668 130668 3707211 730 44980 45710 3661501 3661501 3287568 44980 50250 95230 3192338 3192338 SCHEDULE D, PAGE 4, PART XII, LINE 2D BAD DEBT 50,250 X true true X X X X X false false false DAVID GINN PRESIDENT AND CEO 243423 44653 15200 23072 30845 326348 MICHAEL J GRANEY VP GLOB BUS DEVELOP 172339 20555 558 15528 16893 208980 KAREN H KUCHENBECKER VP OPERATIONS 149795 17482 391 12026 16180 179694 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.CONTRIBUTIONS BY EMPLOYER TO EMPLOYEE'S HSA PLANS 4.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 PAGE 2, PART III, LINE 4A - CONTINUED: WE ENGAGED A COALITION OF LOCAL BUSINESS, HEALTHCARE, GOVERNMENT AND NONPROFIT LEADERS TO CHAMPION THE SAFE REOPENING OF OUR REGIONAL ECONOMY, AND WE FORMED TWO RAPID RESPONSE TEAMS TO PLAN FOR SUPPLY CHAIN IMPACTS AND NEW BUSINESS OPPORTUNITIES RESULTING FROM COVID-19. AS THE PANDEMIC IS ALTERING MIGRATION PATTERNS TOWARD MID-SIZE MARKETS LIKE CHARLESTON, WE INTENSIFIED OUR TALENT ATTRACTION CAMPAIGN TARGETING GEOGRAPHIC AREAS WITH DEEP POOLS OF WORKERS WITH HIGH-DEMAND SKILLS. 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 BAD DEBT -50,250 BAD DEBT 0 TOTAL -50,250