CHARLESTON REGIONAL DEVELOPMENT ALLIANCE: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: CHARLESTON REGIONAL DEVELOPMENT ALLIANCE (EIN 57-1015804)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2013-01-15
IRS object ID: 201320159349300112
Schema version: 2011v1.5
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule B
Schedule C
Schedule D
Schedule J
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-01-15T06:44:52-08:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Jones Pounder & Associates PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 30967	AddressLine1
City	Charleston	City
State	SC	State
ZIP Code	294170967	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	571015804	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Charleston Regional Development Alliance	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	CHAR	NameControl
Phone	8437679300	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5300 International Blvd	AddressLine1
City	North Charleston	City
State	SC	State
ZIP Code	29418	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	David Ginn	Name
Title	President & CEO	Title
Date Signed	2013-01-11	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Heidi Stepzinski	Name
Phone	8435713114	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	2978802	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c	X	Organization501c
Web Site	www.crda.org	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1995	YearFormation
State Legal Domicile	SC	StateLegalDomicile
Activity Or Mission Description	To lead a global marketing effort to attract and retain world-class businesses and talent and to facilitate new, high-value business investment within the three-county Charleston region comprised of Berkeley, Charleston and Dorchester counties.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	54	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	54	NbrIndependentVotingMembers
Total Nbr Employees	13	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	2205996	ContributionsGrantsPriorYear
Contributions Grants Current Year	2858373	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	24689	ProgramServiceRevenuePriorYear
Program Service Revenue CY	118158	ProgramServiceRevenueCY
Investment Income Prior Year	3775	InvestmentIncomePriorYear
Investment Income Current Year	1939	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	2234460	TotalRevenuePriorYear
Total Revenue Current Year	2978470	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	950283	SalariesEtcPriorYear
Salaries Etc Current Year	1239532	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	270636	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1335517	OtherExpensePriorYear
Other Expenses Current Year	1494254	OtherExpensesCurrentYear
Total Expenses Prior Year	2285800	TotalExpensesPriorYear
Total Expenses Current Year	2733786	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-51340	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	244684	RevenuesLessExpensesCY
Total Assets BOY	1032944	TotalAssetsBOY
Total Assets EOY	1352041	TotalAssetsEOY
Total Liabilities BOY	81876	TotalLiabilitiesBOY
Total Liabilities EOY	216289	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	951068	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1135752	NetAssetsOrFundBalancesEOY
Mission Description	To lead a global marketing effort to attract and retain world-class businesses and talent and to facilitate new, high-value business investment within the three-county Charleston region comprised of Berkeley, Charleston and Dorchester counties.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	1837334	Expense
Revenue	118158	Revenue
Description	The CRDA leads a global marketing effort to attract and retain world-class businesses and talent to the Charleston region. In FY11-12, we participated in 32 marketing events across the U.S., Germany, France and Israel; drove an international media outreach effort resulting in over 65 million impressions and 34 placements in high-profile media outlets; produced targeted research and promotional materials, and convened dozens of regional leaders to address key economic development issues. We also facilitated 10 economic development projects resulting in $184 million in new capital investment and 900 direct jobs.	Description
Total Program Service Expense	1837334	TotalProgramServiceExpense
Described In501 C3	false	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	true	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	5	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	13	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Form990-T Filed	false	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Form8886 T Filed	false	Form8886TFiled
Non Deductible Contributions	true	NonDeductibleContributions
Non Deductible Disclosure	true	NonDeductibleDisclosure
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Form720 Filed	false	Form720Filed
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	54	NbrVotingGoverningBodyMembers
Number Independent Voting Members	54	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	true	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Policies Reference Chapters	false	PoliciesReferenceChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	David Ginn	NamePerson
Telephone Number	8437679300	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	5300 International Blvd Ste 103	AddressLine1
City	North Charleston	City
State	SC	State
ZIP Code	29418	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (63 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee
Bernard Steinberg
Director	0.00	X	0	0	0
Matthew Sloan
Director	0.00	X	0	0	0
Neil Robinson
Director	0.00	X	0	0	0
Joseph Riley
Director	0.00	X	0	0	0
Elaine M Morgan
Director	0.00	X	0	0	0
Barry Whalen
Director	0.00	X	0	0	0
Julie Medich
Director	0.00	X	0	0	0
Mark Lattanzio
Director	0.00	X	0	0	0
Jason Ward
Director	0.00	X	0	0	0
Scott Fennell
Director	0.00	X	0	0	0
Robert Walker
Director	0.00	X	0	0	0
Michael Heitzler
Director	0.00	X	0	0	0
William Swails
Director	0.00	X	0	0	0
R Keith Summey
Director	0.00	X	0	0	0
Jeffrey Spicer
Director	0.00	X	0	0	0
Robert Pearce Jr
Director	0.00	X	0	0	0
C Scott Naumoff
Director	0.00	X	0	0	0
Robert Ryan
Director	0.00	X	0	0	0
Teddie Pryor
Director	0.00	X	0	0	0
Thompson Penney
Director	0.00	X	0	0	0
Jack Mitchell
Director	0.00	X	0	0	0
David Dunlap
Director	0.00	X	0	0	0
Daniel Davis
Executive Dir.	0.00	X	0	0	0
Bobby Creech
Treasurer	0.00	X	0	0	0	X
Duncan McGoogan Jr
Director	0.00	X	0	0	0
Eric Meyer
Director	0.00	X	0	0	0
Herb Koger
Director	0.00	X	0	0	0
Larry Lautenschlager
Director	0.00	X	0	0	0
Victor Klissis
Director	0.00	X	0	0	0
Kin Hill PE
Director	0.00	X	0	0	0
William Helmly
Director	0.00	X	0	0	0
Robert Clement
Director	0.00	X	0	0	0
John Hagerty
Director	0.00	X	0	0	0
Tricia Wilson
Director	0.00	X	0	0	0
W Foster Gaillard
Director	0.00	X	0	0	0
Brig Gen Thomas Elzey
Director	0.00	X	0	0	0
Jack Ellenberg
Director	0.00	X	0	0	0
Robert Whitten
Chairman Elect	0.00	X	0	0	0	X
Bryan Derreberry
Director	0.00	X	0	0	0
Todd Gallati
Director	0.00	X	0	0	0
William Collins
Director	0.00	X	0	0	0
J Walker Coleman
Director	0.00	X	0	0	0
Larry Hargett
Executive Dir.	0.00	X	0	0	0
Elaine Fowler
Executive Dir.	0.00	X	0	0	0
Forrest W Foshee
Director	0.00	X	0	0	0
Thomas Anderson
Director	0.00	X	0	0	0
J Mitchell Bohannon
Director	0.00	X	0	0	0
W Kurt Taylor
Executive Dir.	0.00	X	0	0	0
Rita Berry
Director	0.00	X	0	0	0
Jim Bryan
Director	0.00	X	0	0	0
James Hill
Executive Dir.	0.00	X	0	0	0
M Brice Sweatt
Executive Dir.	0.00	X	0	0	0
Jeremy Willits
Director	0.00	X	0	0	0
Stephen Osborne
Executive Dir.	0.00	X	0	0	0
R Wayne Hall
Chairman	0.00	X	0	0	0	X
Sean Bennett
Director	0.00	X	0	0	0
J David Hand
Director	0.00	X	0	0	0
Mark Gaddy
Director	0.00	X	0	0	0
RM Singletary
Past Chairman	0.00	X	0	0	0	X
David Ginn
President & CEO	40.00		210000	0	16098	X
Stephen C Warner
V.P. Global Marketing/Regoinal Comp	40.00		113500	0	9562		X
Henry L Taylor
V.P. Global Business Development	40.00		130000	0	908		X
Karen H Kuchenbecker
V.P. Operations	40.00		99375	0	8221		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	552875	TotalReportableCompFromOrg
Total Other Compensation	34789	TotalOtherCompensation
Number Individuals GT100 K	3	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Government Grants	1537603	GovernmentGrants
All Other Contributions	1320770	AllOtherContributions
Noncash Contributions	27280	NoncashContributions
Total Contributions	2858373	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Regional Initiative Reimb	80400	80400
Best Practice Trip	25233	25233
Annual Event	12525	12525

Field	Value	IRS element (for citing)
Total Program Service Revenue	118158	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	2271	TotalRevenueColumn
Related Or Exempt Function Income	2271	RelatedOrExemptFunctionIncome

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	332	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	-332	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-332	TotalRevenueColumn
Related Or Exempt Function Income	-332	RelatedOrExemptFunctionIncome

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2978470	TotalRevenueColumn
Related Or Exempt Function Income	120097	RelatedOrExemptFunctionIncome

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	587663	Total
Program Services	347780	ProgramServices
Management And General	144776	ManagementAndGeneral
Fundraising	95107	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	486609	Total
Program Services	287976	ProgramServices
Management And General	119880	ManagementAndGeneral
Fundraising	78753	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	18049	Total
Program Services	10636	ProgramServices
Management And General	4402	ManagementAndGeneral
Fundraising	3011	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	76017	Total
Program Services	44257	ProgramServices
Management And General	19052	ManagementAndGeneral
Fundraising	12708	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	71194	Total
Program Services	42068	ProgramServices
Management And General	17476	ManagementAndGeneral
Fundraising	11650	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	21024	Total
Management And General	21024	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	5705	Total
Management And General	5705	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	34190	Total
Management And General	34190	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	550	Total
Management And General	550	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	15360	Total
Management And General	12288	ManagementAndGeneral
Fundraising	3072	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	152658	Total
Management And General	122126	ManagementAndGeneral
Fundraising	30532	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	2882	Total
Management And General	2882	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	21143	Total
Management And General	16914	ManagementAndGeneral
Fundraising	4229	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	4331	Total
Management And General	2846	ManagementAndGeneral
Fundraising	1485	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
Professional Development	52520	52520
Engaged Leadership Costs	162598	162598
Regional Competitiveness	210937	210937
Business Development	678504	678504

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	131852	Total
Management And General	101763	ManagementAndGeneral
Fundraising	30089	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	2733786	Total
Program Services	1837276	ProgramServices
Management And General	625874	ManagementAndGeneral
Fundraising	270636	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	745778	BOY
EOY	997693	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
EOY	0	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	80100	BOY
EOY	113050	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	3282	BOY
EOY	50398	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	188224	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	52324	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	148784	BOY
EOY	135900	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	55000	BOY
EOY	55000	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1032944	BOY
EOY	1352041	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	46179	BOY
EOY	48940	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
EOY	50000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	35697	BOY
EOY	117349	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	81876	BOY
EOY	216289	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	951068	BOY
EOY	646178	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
EOY	489574	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	951068	BOY
EOY	1135752	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1032944	BOY
EOY	1352041	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	244684	ReconcilationRevenueExpenses
Reconcilation Other Changes	-60000	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired
Federal Grant Audit Performed	false	FederalGrantAuditPerformed

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Form1120 Pol Filed	false	Form1120PolFiled
Substantially All Dues Nondeduct	false	SubstantiallyAllDuesNondeduct
Only In House Lobbying	false	OnlyInHouseLobbying
Agree To Carryover Prior Year	false	AgreeToCarryoverPriorYear
Dues Assessments	1268489	DuesAssessments

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	70328	OtherCostOrOtherBasis
Depreciation	9377	Depreciation
Book Value	60951	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	49705	OtherCostOrOtherBasis
Depreciation	24899	Depreciation
Book Value	24806	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	68191	OtherCostOrOtherBasis
Depreciation	18048	Depreciation
Book Value	50143	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	135900	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
Short Term Note	$32,058
Accrued Payroll & Payroll withholdings	$76,491
Accrued Leave	$8,800

Field	Value	IRS element (for citing)
Total Of Amounts	117349	TotalOfAmounts
Total Revenue	2978470	TotalRevenue
Total Expenses	2733786	TotalExpenses
Excess Or Deficit For Year	244684	ExcessOrDeficitForYear
Prior Period Adjustments	-60000	PriorPeriodAdjustments
Total Adjustments	-60000	TotalAdjustments
Excess Or Deficit Per FS	184684	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	2978470	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	2978470	RevenueSubtotal
Total Revenue Per Form990	2978470	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	2733786	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	2733786	ExpensesSubtotal
Total Expenses Per Form990	2733786	TotalExpensesPerForm990

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	X	FirstClassOrCharterTravel
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	David Ginn	NamePerson
Base Compensation Filing Org	200000	BaseCompensationFilingOrg
Other Compensation Filing Org	10000	OtherCompensationFilingOrg
Nontaxable Benefits Filing Org	16098	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	226098	TotalCompensationFilingOrg

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	Sch J, Part I, Line 1a	Identifier
Return Reference	Part I, Line 1a: Relevant information in regards to selections on 1a.	ReturnReference
Explanation	Charter TravelThe Charleston Regional Development Alliance (CRDA) facilitated an intercity visit to Austin, TX, for a delegation of 12 top business, academic and community leaders from the Charleston area. The group met with several Austin business and academic leaders to learn how they have effectively led that city's economic development efforts over the past several years. Since there are not direct flights from Charleston to Austin, the CRDA chartered a private plane to expedite travel between the two cities, thereby maximizing time on the ground. The CRDA was reimbursed $1,800 from each of the trip participants. Social Club DuesCorporate membership in a dining and golf course facility used for business lunches, dinners and golf by CEO and other employees for hosting business prospects.	Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
Turner Padgett
Director	4000	Legal Services	false
SCRA
Director	120185	Leaseholder of office spac	false
Nexsen Pruet
Director	1705	Legal Services	false

Schedule M IRS990ScheduleM

Food Inventory FoodInventory

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	10000	NoncashContribsRptdF990
Method Of Determining Revenues	Fair Value	MethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Description	Club Dues	Description
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	17280	NoncashContribsRptdF990
Method Of Determining Revenues	Fair Value	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	true	ReviewProcessUnusualNCGifts
Third Parties Used	false	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	Governing documents, policies and financial statements are made available for public inspection upon request at the organization's office.
Form 990, Part VI, Line 15b	Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	Every 2-3 years, an independent study is conducted to provide comparability data for the compensation paid to key employees. The Compensation Committee uses these studies to guide annual compensation budgets. The CEO reviews the performance of key employees and approves any compensation increases. Bonuses are tied directly to performance and given at the end of the fiscal year.
Form 990, Part VI, Line 12c	Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	Monitoring is done on an ongoing basis and as issues arise.
Form 990, Part VI, Line 11	Form 990, Part VI, Line 11: Form 990 Review Process	Finance committee reviews 990, provides copies to Governing body for approval,President signs and files return.
Form 990, Part VI, Line 4	Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents	1) Stated purpose of CRDA (Article II) - added talent attraction and facilitation of new business investment to stated purpose2) Classes of investors (Article III) - re-categorized classes of investors and added "municipal" and "chamber" as separate categories3) Process of electing directors (Article IV, Sections 4.3.4 and 4.5.4) - new investor directors are nominated 2X per year for terms beginning in January and July vs. throughout the year4) Quorum (Article IV, Section 4.10 and Article XVI) - moved from majority of board members to 1/3 of board members comprising a quorum for most issues; however a majority is still required for amending bylaws and 2/3 are required for dissolving or merging the CRDA. 5) Board responsibilities (Article V) - consolidated Board responsibilities to focus on high level issues and policies6) CEO responsibilities (Article VI, Section 6.5) - added stated responsibilities for CEO position7) Number and composition of Executive Committee (Article VII) - set number of Executive Committee members at 11; added one public official from each participating county8) Executive Committee responsibilities (Article VII, Section 7.4) - moved operational oversight of CRDA to Executive Committee9) Standing committees (Article VIII) - added stated responsibilities for all standing committees
		Client Note 1 - Note of Prior Period Adjustment of Net Assets:Beginning net assets were restated to reflect a change in the recognition of private funding received for a future period. The charge decreased unrestricted net assets by $60,000 and increased deferred revenue by $60,000 as of July 1, 2011