2019-01-08T11:49:17-06:00 2018-06-30 205788602 GLASER AND COMPANY LLC 149 E BAY ST SUITE 200 CHARLESTON SC 294013134 990 2017-07-01 571015804 CHARLESTON REGIONAL DEVELOPMENT ALLIANCE CHAR 8437679300 4401 BELLE OAKS DRIVE SUITE 420 NORTH CHARLESTON SC 29405 DAVID GINN PRESIDENT AND CEO 8437679300 2018-01-07 true ERIK M GLASER CPA P00724565 8438490179 2019-01-08 162.217.140.173 2019-01-08 11:49:17 CS P C7502B9BE47F9B8354F737866145CBAECF522AE1 C7502B9BE47F9B8354F737866145CBAECF522AE1 2017 2019-02-21 02:37:17Z DAVID GINN 4401 BELLE OAKS DRIVE SUITE 420 NORTH CHARLESTON SC 29405 3451756 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 BY THE REGION'S MOST INFLUENTIAL BUSINESS LEADERS, THREE COUNTY GOVERNMENTS, LARGEST MUNICIPALITIES, AND TOP ACADEMIC INSTITUTIONS. CRDA SERVES AS A CATALYST FOR LONG-TERM, SUSTAINABLE ECONOMIC GROWTH IN THE THREE-COUNTY CHARLESTON REGION WHICH COMPRISES BERKELEY, CHARLESTON AND DORCHESTER COUNTIES. THE ORGANIZATION LEADS A GLOBAL MARKETING EFFORT TO ATTRACT WORLD-CLASS BUSINESSES AND TALENT, AND SERVES AS A FACILITATOR FOR COMPANIES CONSIDERING THE REGION FOR COMPETITIVE EXPANSION OR LOCATION INVESTMENTS. CRDA ALSO COLLABORATES CLOSELY WITH OTHER ENTITIES TO ENSURE A GLOBALLY COMPETITIVE, SUSTAINABLE REGIONAL ECONOMY. CRDA RECEIVES ITS REVENUES FROM PRIVATE AND GOVERNMENT CONTRIBUTIONS. 77 77 13 77 0 3509271 3437825 29020 0 2854 13931 4432 0 3545577 3451756 0 0 1710233 1827481 0 234359 1687527 1614219 3397760 3441700 147817 10056 2492991 2440147 445735 388740 2047256 2051407 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 BY THE REGION'S MOST INFLUENTIAL BUSINESS LEADERS, THREE COUNTY GOVERNMENTS, LARGEST MUNICIPALITIES, AND TOP ACADEMIC INSTITUTIONS. CRDA SERVES AS A CATALYST FOR LONG-TERM, SUSTAINABLE ECONOMIC GROWTH IN THE THREE-COUNTY CHARLESTON REGION WHICH COMPRISES BERKELEY, CHARLESTON AND DORCHESTER COUNTIES. THE ORGANIZATION LEADS A GLOBAL MARKETING EFFORT TO ATTRACT WORLD-CLASS BUSINESSES AND TALENT, AND SERVES AS A FACILITATOR FOR COMPANIES CONSIDERING THE REGION FOR COMPETITIVE EXPANSION OR LOCATION INVESTMENTS. CRDA ALSO COLLABORATES CLOSELY WITH OTHER ENTITIES TO ENSURE A GLOBALLY COMPETITIVE, SUSTAINABLE REGIONAL ECONOMY. CRDA RECEIVES ITS REVENUES FROM PRIVATE AND GOVERNMENT CONTRIBUTIONS. false false 2974682 CRDA SERVES AS A CATALYST FOR LONG-TERM REGIONAL PROSPERITY BY ATTRACTING THE WORLD'S BEST COMPANIES, TALENT AND ENTREPRENEURS. IN FY17- 18, WE DROVE A COMPREHENSIVE MARKETING EFFORT AND PARTICIPATED IN DOZENS OF INDUSTRY EVENTS ALIGNED WITH OUR REGION'S HIGH-VALUE INDUSTRY CLUSTERS. WITH OUR LOCAL AND STATE ALLIES, WE FACILITATED ECONOMIC DEVELOPMENT PROJECTS RESULTING IN 70 MILLION IN NEW CAPITAL INVESTMENT AND 559 DIRECT JOBS WITH AN ANNUAL ECONOMIC IMPACT OF 316 MILLION. TO SUPPORT RELOCATING TALENT, ESPECIALLY FOREIGN NATIONALS, WE LAUNCHED A COMPREHENSIVE ONLINE COMMUNITY GUIDE TO EASE THEIR TRANSITION. WE ALSO ESTABLISHED A CHARLESTON METRO M&A COUNCIL DESIGNED TO RESPOND TO INTEREST IN MERGERS, ACQUISITIONS, AND INVESTMENT OPPORTUNITIES WITHIN OUR REGION. 2974682 false true false false 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 22 0 13 true false false false false true true false X 77 77 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 DEEPAL ELIATAMBY DIRECTOR 0.25 X 0 0 0 JACK MITCHELL DIRECTOR 0.25 X 0 0 0 ALVIN T JOHNSON DIRECTOR 0.25 X 0 0 0 CHRIS FRASER DIRECTOR 0.25 X 0 0 0 DUNCAN MCGOOGAN DIRECTOR 0.25 X 0 0 0 WILLIAM PEAGLER DIRECTOR 0.25 X 0 0 0 MARK GADDY DIRECTOR 0.25 X 0 0 0 SCOTT NAUMOFF DIRECTOR 0.25 X 0 0 0 LINDSAY E LEONARD DIRECTOR 0.25 X 0 0 0 ELIZABETH BUSKE DIRECTOR 0.25 X 0 0 0 STEVE GALLAGHER DIRECTOR 0.25 X 0 0 0 MICHAEL SCARAFILE DIRECTOR 0.25 X 0 0 0 BRANTLEY MOODY DIRECTOR 0.25 X 0 0 0 A VICTOR RAWL DIRECTOR 0.25 X 0 0 0 SEN PAUL G CAMPBELL JR DIRECTOR 0.25 X 0 0 0 BRYAN DERREBERRY DIRECTOR 0.25 X 0 0 0 ROBERT RYAN DIRECTOR 0.25 X 0 0 0 GRADY JOHNSON DIRECTOR 0.25 X 0 0 0 JAIRY HUNTER PHD DIRECTOR 0.25 X 0 0 0 BERNARD STEINBERG DIRECTOR 0.25 X 0 0 0 MATTHEW DEANTONIO DIRECTOR 0.25 X 0 0 0 KIN HILL DIRECTOR 0.25 X 0 0 0 MARC FETTEN DIRECTOR 0.25 X 0 0 0 JOHN TECKLENBURG DIRECTOR 0.25 X 0 0 0 MICHAEL HEITZLER DIRECTOR 0.25 X 0 0 0 R KEITH SUMMEY DIRECTOR 0.25 X 0 0 0 ROBERT CLEMENT DIRECTOR 0.25 X 0 0 0 ELIZABETH COLBERT-BUSCH DIRECTOR 0.25 X 0 0 0 PAUL PATRICK DIRECTOR 0.25 X 0 0 0 MATT SLOAN DIRECTOR 0.25 X 0 0 0 MIKE HORTON DIRECTOR 0.25 X 0 0 0 RUDY THOMAS DIRECTOR 0.25 X 0 0 0 JAY BYARS DIRECTOR 0.25 X 0 0 0 WILLIAM HEARN DIRECTOR 0.25 X 0 0 0 TIM GROW DIRECTOR 0.25 X 0 0 0 SCOTT FENNELL DIRECTOR 0.25 X 0 0 0 LILYN HESTER DIRECTOR 0.25 X 0 0 0 RITA BERRY DIRECTOR 0.25 X 0 0 0 JEREMY COOK DIRECTOR 0.25 X 0 0 0 BARRY WHALEN DIRECTOR 0.25 X 0 0 0 WILL HELMLY CHAIR 2.00 X X 0 0 0 JOHN FORTSON DIRECTOR 0.25 X 0 0 0 J WALKER COLEMAN IV DIRECTOR 0.25 X 0 0 0 MILTON THOMAS III DIRECTOR 0.25 X 0 0 0 THOM PENNEY CHAIR-ELECT 2.00 X X 0 0 0 GEORGE MORRISON DIRECTOR 0.25 X 0 0 0 TOM ANDERSON DIRECTOR 0.25 X 0 0 0 JOHN HAGERTY DIRECTOR 0.25 X 0 0 0 DAVID HAND DIRECTOR 0.25 X 0 0 0 ELIZABETH GIBBES DIRECTOR 0.25 X 0 0 0 MARY GARCIA DIRECTOR 0.25 X 0 0 0 MICHAEL E BAKER DIRECTOR 0.25 X 0 0 0 ROBERT PRATT DIRECTOR 0.25 X 0 0 0 PETER VON WARTENBERG DIRECTOR 0.25 X 0 0 0 FORREST FOSHEE DIRECTOR 0.25 X 0 0 0 PAMELA WILLIAMS DIRECTOR 0.25 X 0 0 0 TAMMY COGHILL DIRECTOR 0.25 X 0 0 0 BOB QUINN DIRECTOR 0.25 X 0 0 0 STUART WHITESIDE DIRECTOR 0.25 X 0 0 0 CARL KOLTS DIRECTOR 0.25 X 0 0 0 JOSHUA S WHITLEY DIRECTOR 0.25 X 0 0 0 BILL MEDICH DIRECTOR 0.25 X 0 0 0 CHRIS RANDOLPH DIRECTOR 0.25 X 0 0 0 TONY POPE DIRECTOR 0.25 X 0 0 0 MARK LATTANZIO DIRECTOR 0.25 X 0 0 0 SCOTT SHARP DIRECTOR 0.25 X 0 0 0 MATT SILVESTON DIRECTOR 0.25 X 0 0 0 JOHN DORRIAN DIRECTOR 0.25 X 0 0 0 ANITA ZUCKER DIRECTOR 0.25 X 0 0 0 J MITCHELL BOHANNON DIRECTOR 0.25 X 0 0 0 WILL HAYNIE DIRECTOR 0.25 X 0 0 0 WILEY JOHNSON DIRECTOR 0.25 X 0 0 0 TODD GALLATI IMMEDIATE PA 2.00 X X 0 0 0 BOB WALKER DIRECTOR 0.25 X 0 0 0 BOBBY CREECH TREASURER 2.00 X X 0 0 0 JEFF SPICER DIRECTOR 0.25 X 0 0 0 STEPHANIE YARBROUGH DIRECTOR 0.25 X 0 0 0 LINDA PAGE ROLLED OFF DIRECTOR 0.25 X 0 0 0 ELAINE MORGAN ROLLED OFF DIRECTOR 0.25 X 0 0 0 PJ BROWNING ROLLED OFF DIRECTOR 0.25 X 0 0 0 MIKE ROBERTS ROLLED OFF DIRECTOR 0.25 X 0 0 0 DAVID GINN PRESIDENT AN 40.00 X 304408 0 50485 MICHAEL J GRANEY VP GLOB BUS 40.00 X 193666 0 31722 KAREN H KUCHENBECKER VP OPERATION 40.00 X 152794 0 26202 STEPHEN C WARNER VP GLOBAL CO 40.00 X 143892 0 39923 794760 148332 4 false true false DEVELOPMENT COUNSELLORS INTERNATIONAL 215 PARK AVENUE SOUTH NEW YORK NY 10003 MARKETING 122337 1 1714755 1723070 3437825 13931 13931 3451756 13931 821504 627455 98261 95788 655503 561683 34227 59593 112406 90503 10132 11771 144813 116589 12990 15234 93255 75080 8365 9810 2465 2465 37128 21747 13310 2071 116890 112030 4860 311973 311973 67318 54367 7772 5179 41209 35622 3354 2233 279684 225873 32303 21508 440540 440540 63220 51056 7302 4862 18856 15228 2178 1450 MARKET RESEARCH 227936 227936 MEMBERSHIPS AND SPONSOR 7000 7000 3441700 2974682 232659 234359 796158 743747 1199380 1208482 20424 48335 48755 74529 685548 375494 373274 310054 55000 55000 2492991 2440147 283119 227924 2000 2000 160616 158816 445735 388740 X 1509136 1474765 538120 576642 2047256 2051407 2492991 2440147 10056 -905 -5000 X false true X true false 461846 199566 262280 115309 101927 13382 108393 74001 34392 310054 DEFERRED LEASE OBLIGATION 158816 158816 3476071 -905 25220 24315 3451756 3451756 3471920 25220 5000 30220 3441700 3441700 SCHEDULE D, PAGE 4, PART XII, LINE 2D BAD DEBT 5,000 X true true X X X X X false false false DAVID GINN PRESIDENT AND CEO 225615 63292 15501 21280 29205 354893 MICHAEL J GRANEY VP GLOB BUS DEVELOP 166308 25801 1557 15417 16305 225388 KAREN H KUCHENBECKER VP OPERATIONS 137590 14771 433 11064 15138 178996 STEPHEN C WARNER VP GLOBAL COMPET. 128412 14654 826 12548 27375 183815 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,LIFE/ADD, AND SHORT TERM DISABILITY. 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, LIFE/ADD, AND SHORT TERM DISABILITY. FORM 990 - ORGANIZATION'S MISSION 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 BY THE REGION'S MOST INFLUENTIAL BUSINESS LEADERS, THREE COUNTY GOVERNMENTS, LARGEST MUNICIPALITIES, AND TOP ACADEMIC INSTITUTIONS. CRDA SERVES AS A CATALYST FOR LONG-TERM, SUSTAINABLE ECONOMIC GROWTH IN THE THREE-COUNTY CHARLESTON REGION WHICH COMPRISES BERKELEY, CHARLESTON AND DORCHESTER COUNTIES. THE ORGANIZATION LEADS A GLOBAL MARKETING EFFORT TO ATTRACT WORLD-CLASS BUSINESSES AND TALENT, AND SERVES AS A FACILITATOR FOR COMPANIES CONSIDERING THE REGION FOR COMPETITIVE EXPANSION OR LOCATION INVESTMENTS. CRDA ALSO COLLABORATES CLOSELY WITH OTHER ENTITIES TO ENSURE A GLOBALLY COMPETITIVE, SUSTAINABLE REGIONAL ECONOMY. CRDA RECEIVES ITS REVENUES FROM PRIVATE AND GOVERNMENT CONTRIBUTIONS. 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 -5,000