2018-01-09T16:29:26-05:00 2017-06-30 205788602 GLASER AND COMPANY LLC 149 E BAY ST SUITE 200 CHARLESTON SC 294013134 990 2016-07-01 571015804 CHARLESTON REGIONAL DEVELOPMENT ALLIANCE CHAR 8437679300 4401 BELLE OAKS DRIVE SUITE 420 NORTH CHARLESTON SC 29405 DAVID GINN PRESIDENT AND CEO 8437679300 2017-01-08 true ERIK M GLASER CPA P00724565 8438490179 2018-01-09 AF4821F9D76A72C859D343DB89F1B8E206218165 18D2C6A7E4927FE8C4F9FE32D17C9DB49F006896 2016 2021-01-29 14:40:06Z DAVID GINN 4401 BELLE OAK DRIVE SUITE 420 NORTH CHARLESTON SC 29405 3545577 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. 72 72 13 80 0 3457905 3509271 35338 29020 2330 2854 2720 4432 3498293 3545577 0 0 1584333 1710233 0 281713 1807554 1687527 3391887 3397760 106406 147817 2540561 2492991 643054 445735 1897507 2047256 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 2883982 29020 THE CRDA SERVES AS A CATALYST FOR LONG-TERM REGIONAL PROSPERITY BY ATTRACTING THE WORLD'S BEST COMPANIES, TALENT AND ENTREPRENEURS. IN FY16- 17, WE DROVE A COMPREHENSIVE MARKETING EFFORT AND PARTICIPATED IN DOZENS OF BUSINESS DEVELOPMENT EVENTS ALIGNED WITH OUR REGION'S TARGET SECTORS AND/OR GEOGRAPHIES. WORKING WITH OUR LOCAL AND STATE ALLIES, WE FACILITATED ECONOMIC DEVELOPMENT PROJECTS RESULTING IN 224 MILLION IN NEW CAPITAL INVESTMENT AND 654 DIRECT JOBS WITH AN ANNUAL ECONOMIC IMPACT OF 507 MILLION. WE ALSO INTRODUCED THE "CHARLESTON METRO FDI PLAN," DESIGNED TO ENHANCE THE REGION'S ABILITY TO ATTRACT FOREIGN DIRECT INVESTMENT AND MAXIMIZE THE POSITIVE ECONOMIC AND COMMUNITY BENEFITS OF FOREIGN COMPANIES AND FOREIGN NATIONALS IN THE REGION. 2883982 false true 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 6 0 13 true false false false false true true false X 72 72 false false false false false false false true true false false true true true true true true true true false SC X X THE ORGANIZATION 8437679300 4401 BELLE OAK DRIVE SUITE 420 NORTH CHARLESTON SC 29405 TOM ANDERSON DIRECTOR 0.25 X 0 0 0 MICHAEL E BAKER DIRECTOR 0.25 X 0 0 0 RITA BERRY DIRECTOR 0.25 X 0 0 0 J MITCHELL BOHANNON DIRECTOR 0.25 X 0 0 0 ELIZABETH BUSKE DIRECTOR 0.25 X 0 0 0 SEN PAUL G CAMPBELL JR DIRECTOR 0.25 X 0 0 0 REG CHRISTOPHER DIRECTOR 0.25 X 0 0 0 ROBERT CLEMENT DIRECTOR 0.25 X 0 0 0 TAMMY COGHILL DIRECTOR 0.25 X 0 0 0 JEREMY COOK DIRECTOR 0.25 X 0 0 0 BOBBY CREECH DIRECTOR 0.25 X 0 0 0 MATT DEANTONIO DIRECTOR 0.25 X 0 0 0 BRYAN DERREBERRY DIRECTOR 0.25 X 0 0 0 DEEPAL ELIATAMBY DIRECTOR 0.25 X 0 0 0 SCOTT FENNELL DIRECTOR 0.25 X 0 0 0 FORREST FOSHEE DIRECTOR 0.25 X 0 0 0 MARK GADDY DIRECTOR 0.25 X 0 0 0 JOSEPH L GARCIA COLONEL SCM DIRECTOR 0.25 X 0 0 0 L ELIZABETH GIBBES DIRECTOR 0.25 X 0 0 0 TIM GROW DIRECTOR 0.25 X 0 0 0 JOHN HAGERTY DIRECTOR 0.25 X 0 0 0 LILYN HESTER DIRECTOR 0.25 X 0 0 0 KIN HILL DIRECTOR 0.25 X 0 0 0 MIKE HORTON DIRECTOR 0.25 X 0 0 0 JAIRY HUNTER PHD DIRECTOR 0.25 X 0 0 0 ALVIN T JOHNSON DIRECTOR 0.25 X 0 0 0 WILEY JOHNSON DIRECTOR 0.25 X 0 0 0 CARL KOLTS DIRECTOR 0.25 X 0 0 0 MARK LATTANZIO DIRECTOR 0.25 X 0 0 0 LINDSAY E LEONARD DIRECTOR 0.25 X 0 0 0 DUNCAN MCGOOGAN DIRECTOR 0.25 X 0 0 0 BILL MEDICH DIRECTOR 0.25 X 0 0 0 JACK MITCHELL DIRECTOR 0.25 X 0 0 0 ELAINE MORGAN DIRECTOR 0.25 X 0 0 0 SCOTT NAUMOFF DIRECTOR 0.25 X 0 0 0 STEVE OSBORNE DIRECTOR 0.25 X 0 0 0 LINDA PAGE DIRECTOR 0.25 X 0 0 0 THOM PENNEY DIRECTOR 0.25 X 0 0 0 ROBERT PRATT DIRECTOR 0.25 X 0 0 0 BOB QUINN DIRECTOR 0.25 X 0 0 0 CHRIS RANDOLPH DIRECTOR 0.25 X 0 0 0 MIKE ROBERTS DIRECTOR 0.25 X 0 0 0 ROBERT RYAN DIRECTOR 0.25 X 0 0 0 MICHAEL SCARAFILE DIRECTOR 0.25 X 0 0 0 SCOTT SHARP DIRECTOR 0.25 X 0 0 0 MATT SLOAN DIRECTOR 0.25 X 0 0 0 BERNARD STEINBERG DIRECTOR 0.25 X 0 0 0 R KEITH SUMMEY DIRECTOR 0.25 X 0 0 0 JOHN TECKLENBURG DIRECTOR 0.25 X 0 0 0 RUDY THOMAS DIRECTOR 0.25 X 0 0 0 PETER VON WARTENBERG DIRECTOR 0.25 X 0 0 0 BOB WALKER DIRECTOR 0.25 X 0 0 0 BARRY WHALEN DIRECTOR 0.25 X 0 0 0 STUART WHITESIDE DIRECTOR 0.25 X 0 0 0 JOSHUA S WHITLEY DIRECTOR 0.25 X 0 0 0 PAMELA WILLIAMS DIRECTOR 0.25 X 0 0 0 STEPHANIE YARBROUGH DIRECTOR 0.25 X 0 0 0 WILL HELMLY CHAIR-ELECT 2.00 X X 0 0 0 PJ BROWNING DIRECTOR 0.25 X 0 0 0 JAY BYARS DIRECTOR 0.25 X 0 0 0 ELIZABETH COLBERT-BUSCH DIRECTOR 0.25 X 0 0 0 J WALKER COLEMAN IV DIRECTOR 0.25 X 0 0 0 MARC FETTEN DIRECTOR 0.25 X 0 0 0 TODD GALLATI BOARD CHAIR 2.00 X X 0 0 0 WILLIAM HEARN DIRECTOR 0.25 X 0 0 0 MICHAEL HEITZLER DIRECTOR 0.25 X 0 0 0 WILLIAM PEAGLER DIRECTOR 0.25 X 0 0 0 A VICTOR RAWL DIRECTOR 0.25 X 0 0 0 JEFFREY SPICER TREASURER 2.00 X X 0 0 0 BRANTLEY MOODY DIRECTOR 0.25 X 0 0 0 ANITA ZUCKER IMMEDIATE PA 2.00 X X 0 0 0 DAVID HAND DIRECTOR 0.25 X 0 0 0 ERVETTE BROADNAX ROLLED OFF DIRECTOR 0.25 X 0 0 0 DAVID CHINNIS ROLLED OFF DIRECTOR 0.25 X 0 0 0 ELLIOT SUMMERY ROLLED OFF DIRECTOR 0.25 X 0 0 0 DOUG BOWLING ROLLED OFF DIRECTOR 0.25 X 0 0 0 LARRY LAUTENSCHLAGER ROLLED OFF DIRECTOR 0.25 X 0 0 0 KEN SEEGER DIRECTOR 0.25 X 0 0 0 ED ROSE ROLLED OFF DIRECTOR 0.25 X 0 0 0 JACK SCHURLKNIGHT ROLLED OFF DIRECTOR 0.25 X 0 0 0 DAVID GINN PRESIDENT AN 40.00 X 298464 0 47170 MICHAEL J GRANEY VP GLOB BUS 40.00 X 187177 0 29175 KAREN H KUCHENBECKER VP OPERATION 40.00 X 149555 0 25142 STEPHEN C WARNER VP GLOBAL CO 40.00 X 134895 0 35679 770091 137166 4 false true false 1734216 1775055 3509271 ANNUAL EVENT 900099 29020 29020 29020 2854 2854 MISCELLANEOUS 900099 4432 4432 4432 3545577 36306 539188 455169 84019 902453 668223 130074 104156 61212 44794 9167 7251 120166 93408 11124 15634 87214 67793 8074 11347 3507 3507 44585 33070 8639 2876 68316 61071 7245 335587 335587 72042 56404 8016 7622 23827 18367 2978 2482 274324 211458 34291 28575 425112 425112 82912 63911 10364 8637 17941 13829 2243 1869 MARKET RESEARCH 305545 305545 MEMBERSHIPS AND SPONSOR 30871 30241 630 MISCELLANEOUS 2958 2958 3397760 2883982 232065 281713 1271136 796158 639482 1199380 69272 20424 61021 48755 685548 312274 444650 373274 55000 55000 2540561 2492991 227362 283119 2000 260773 154919 160616 643054 445735 X 1366359 1509136 531148 538120 1897507 2047256 2540561 2492991 147817 1932 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false 461846 157552 304294 115309 97037 18272 108393 57685 50708 373274 DEFERRED LEASE OBLIGATION 160616 160616 3582330 1932 34821 36753 3545577 3545577 3432581 34821 34821 3397760 3397760 X true true X X X X X false false false DAVID GINN PRESIDENT AND CEO 210965 63499 24000 21200 25970 345634 MICHAEL J GRANEY VP GLOB BUS DEVELOP 152413 23612 11152 14869 14306 216352 KAREN H KUCHENBECKER VP OPERATIONS 112339 15934 21282 11191 13951 174697 STEPHEN C WARNER VP GLOBAL COMPET. 105256 13561 16078 11693 23986 170574 SCHEDULE J, PAGE 1, PART I, LINE 1A CORPORATE MEMBERSHIP IN A DINING AND GOLF COURSE FACILITY USED FOR BUSINESS LUNCHES, DINNERS, AND GOLF BY CEO AND OTHER EMPLOYEES HOSTING BUSINESS PROSPECTS. 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.