2013-01-15T06:44:52-08:00 2012-06-30 Jones Pounder & Associates PC PO Box 30967 Charleston SC 294170967 990 2011-07-01 571015804 Charleston Regional Development Alliance CHAR 8437679300 5300 International Blvd North Charleston SC 29418 David Ginn 2013-01-11 true Heidi Stepzinski 8435713114 2011 2016-02-25 16:41:14Z 2978802 false false X www.crda.org X 1995 SC 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. 54 54 13 0 2205996 2858373 24689 118158 3775 1939 0 2234460 2978470 0 0 950283 1239532 0 270636 1335517 1494254 2285800 2733786 -51340 244684 1032944 1352041 81876 216289 951068 1135752 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. false false 1837334 118158 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. 1837334 false true 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 true true false false false false false false false false false true 5 0 true 13 true false false false false false false true true false false false false false false false X 54 54 false false true false false false false true true false false false true true true true true true true true false false X David Ginn 8437679300 5300 International Blvd Ste 103 North Charleston SC 29418 Bernard Steinberg 0.00 X 0 0 0 Matthew Sloan 0.00 X 0 0 0 Neil Robinson 0.00 X 0 0 0 Joseph Riley 0.00 X 0 0 0 Elaine M Morgan 0.00 X 0 0 0 Barry Whalen 0.00 X 0 0 0 Julie Medich 0.00 X 0 0 0 Mark Lattanzio 0.00 X 0 0 0 Jason Ward 0.00 X 0 0 0 Scott Fennell 0.00 X 0 0 0 Robert Walker 0.00 X 0 0 0 Michael Heitzler 0.00 X 0 0 0 William Swails 0.00 X 0 0 0 R Keith Summey 0.00 X 0 0 0 Jeffrey Spicer 0.00 X 0 0 0 Robert Pearce Jr 0.00 X 0 0 0 C Scott Naumoff 0.00 X 0 0 0 Robert Ryan 0.00 X 0 0 0 Teddie Pryor 0.00 X 0 0 0 Thompson Penney 0.00 X 0 0 0 Jack Mitchell 0.00 X 0 0 0 David Dunlap 0.00 X 0 0 0 Daniel Davis 0.00 X 0 0 0 Bobby Creech 0.00 X X 0 0 0 Duncan McGoogan Jr 0.00 X 0 0 0 Eric Meyer 0.00 X 0 0 0 Herb Koger 0.00 X 0 0 0 Larry Lautenschlager 0.00 X 0 0 0 Victor Klissis 0.00 X 0 0 0 Kin Hill PE 0.00 X 0 0 0 William Helmly 0.00 X 0 0 0 Robert Clement 0.00 X 0 0 0 John Hagerty 0.00 X 0 0 0 Tricia Wilson 0.00 X 0 0 0 W Foster Gaillard 0.00 X 0 0 0 Brig Gen Thomas Elzey 0.00 X 0 0 0 Jack Ellenberg 0.00 X 0 0 0 Robert Whitten 0.00 X X 0 0 0 Bryan Derreberry 0.00 X 0 0 0 Todd Gallati 0.00 X 0 0 0 William Collins 0.00 X 0 0 0 J Walker Coleman 0.00 X 0 0 0 Larry Hargett 0.00 X 0 0 0 Elaine Fowler 0.00 X 0 0 0 Forrest W Foshee 0.00 X 0 0 0 Thomas Anderson 0.00 X 0 0 0 J Mitchell Bohannon 0.00 X 0 0 0 W Kurt Taylor 0.00 X 0 0 0 Rita Berry 0.00 X 0 0 0 Jim Bryan 0.00 X 0 0 0 James Hill 0.00 X 0 0 0 M Brice Sweatt 0.00 X 0 0 0 Jeremy Willits 0.00 X 0 0 0 Stephen Osborne 0.00 X 0 0 0 R Wayne Hall 0.00 X X 0 0 0 Sean Bennett 0.00 X 0 0 0 J David Hand 0.00 X 0 0 0 Mark Gaddy 0.00 X 0 0 0 RM Singletary 0.00 X X 0 0 0 David Ginn 40.00 X 210000 0 16098 Stephen C Warner 40.00 X 113500 0 9562 Henry L Taylor 40.00 X 130000 0 908 Karen H Kuchenbecker 40.00 X 99375 0 8221 552875 34789 3 false true false 0 1537603 1320770 27280 2858373 Regional Initiative Reimb 80400 80400 Best Practice Trip 25233 25233 Annual Event 12525 12525 118158 2271 2271 0 0 0 332 -332 -332 -332 0 0 0 0 2978470 120097 0 0 0 0 587663 347780 144776 95107 0 486609 287976 119880 78753 18049 10636 4402 3011 76017 44257 19052 12708 71194 42068 17476 11650 21024 21024 5705 5705 34190 34190 0 0 0 550 550 0 15360 12288 3072 0 0 152658 122126 30532 0 0 0 2882 2882 0 21143 16914 4229 4331 2846 1485 Professional Development 52520 52520 Engaged Leadership Costs 162598 162598 Regional Competitiveness 210937 210937 Business Development 678504 678504 131852 101763 30089 2733786 1837276 625874 270636 745778 997693 0 0 80100 113050 0 0 0 0 3282 50398 188224 52324 148784 135900 0 0 0 0 55000 55000 1032944 1352041 46179 48940 50000 35697 117349 81876 216289 X 951068 646178 489574 951068 1135752 1032944 1352041 X 244684 -60000 X false true true X false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false 1268489 70328 9377 60951 49705 24899 24806 68191 18048 50143 135900 Short Term Note 32058 Accrued Payroll & Payroll withholdings 76491 Accrued Leave 8800 117349 2978470 2733786 244684 -60000 -60000 184684 2978470 2978470 2978470 2733786 2733786 2733786 X X true true X X X X false false false David Ginn 200000 10000 16098 226098 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. 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. Turner Padgett Director 4000 Legal Services false SCRA Director 120185 Leaseholder of office spac false Nexsen Pruet Director 1705 Legal Services false X 1 10000 Fair Value X Club Dues 1 17280 Fair Value false true false 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