AIKEN, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ECONOMIC DEVELOPMENT PARTNERSHIP, founded in 1984, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $4.2M exceeded revenue, resulting in a 40% operating deficit.
THE ECONOMIC DEVELOPMENT PARTNERSHIP OF AIKEN, EDGEFIELD, AND SALUDA COUNTIES, INC., D/B/A THE ECONOMIC DEVELOPMENT PARTNERSHIP (EDP), IS A TAX-EXEMPT 501(C)(6) ORGANIZATION PROMOTING ECONOMIC DEVELOPMENT IN THE SOUTH CAROLINA COUNTIES OF AIKEN, EDGEFIELD, SALUDA AND MCCORMICK. THE PARTNERSHIP WAS FORMED AND BEGAN OPERATIONS IN 1984.
ALLIANCE - EACH YEAR, THE STATE OF SOUTH CAROLINA DEPARTMENT OF COMMERCE NOTIFIES EDP (AND OTHER REGIONAL DEVELOPMENT ORGANIZATIONS) OF AMOUNTS AVAILABLE TO THEM. IN ORDER TO RECEIVE THE FULL AMOUNT...
ALLIANCE - EACH YEAR, THE STATE OF SOUTH CAROLINA DEPARTMENT OF COMMERCE NOTIFIES EDP (AND OTHER REGIONAL DEVELOPMENT ORGANIZATIONS) OF AMOUNTS AVAILABLE TO THEM. IN ORDER TO RECEIVE THE FULL AMOUNT AVAILABLE, EDP MUST MATCH THE AMOUNT IN PRIVATE CONTRIBUTIONS. THE FUNDS RECEIVED FROM THE STATE DO NOT HAVE SPECIFIC RESTRICTIONS; THEY JUST HAVE TO BE RELATED TO ECONOMIC DEVELOPMENT.
THE SAVANNAH RIVER SITE (SRS) REDEVELOPMENT AUTHORITY (SRSRA) IS RESPONSIBLE FOR SUPPORTING ECONOMIC DEVELOPMENT IN THE COUNTIES SURROUNDING SRS AND THE ECONOMIC DEVELOPMENT PARTNERSHIP IS DESIGNATED...
THE SAVANNAH RIVER SITE (SRS) REDEVELOPMENT AUTHORITY (SRSRA) IS RESPONSIBLE FOR SUPPORTING ECONOMIC DEVELOPMENT IN THE COUNTIES SURROUNDING SRS AND THE ECONOMIC DEVELOPMENT PARTNERSHIP IS DESIGNATED AS THE ORGANIZATION WHICH CARRIES OUT SRSRA PROGRAMS IN AIKEN, EDGEFIELD AND SALUDA COUNTIES, AND THUS RECEIVES FUNDING FROM SRSRA. WHILE NOT RESTRICTED TO TECHNOLOGY BASED PROGRAMS, MUCH OF THE PARTNERSHIP'S WORK IS INVOLVED IN BRINGING NEW TECHNOLOGY FROM THE SAVANNAH RIVER NATIONAL LABORATORY TO THE PRIVATE SECTOR AND CREATING A FOUNDATION FOR JOBS OF THE FUTURE.
ENCOURAGEMENT OF THE ECONOMIC DEVELOPMENT OF AIKEN, EDGEFIELD, AND SALUDA COUNTIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,995,342 | $4,910,162 | -0.4% |
| Expenses | $4,183,402 | $4,244,709 | 0.0% |
| Net Income | $-1,188,060 | $665,453 | -2.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MR WILLSON M WILLIAMS FOOTNOTE | PRESIDENT & CEO | 59.00 |
Officer
|
$189,002 | $40,913 | $229,915 |
| MR GARY STOOKSBURRY | CHAIRMAN OF THE BOARD | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| MR ERNEST DUNCAN | TREASURER | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| DR ROBERT E ALEXANDER | SECRETARY | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| MR RICHARD M PENDARVIS | VICE CHAIRMAN - EDGEFIELD | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| MR E LELAND REYNOLDS | VICE CHAIRMAN - AIKEN | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| MR BRETT BRANNON | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MRS MARY DERRICK | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MR DARA VGLASS | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MR BILLY HHOLLEY JR | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MR STUART MACVEAN | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MR WILLIAM MCGHEE JR | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MR JOHN PETTIGREW | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MR CLAYTON QUATTLEBAUM | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MR GREG RYBERG | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MR TILLMAN SAULS | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MR SCOTT SINGER | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MR ERIC THOMPSON | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MR SCOTT TINDAL | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MR MIKE UHLE | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MS SHARON WALL | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| MR MARK WARNER | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,995,342 | $4,183,402 | $8,790,653 | $-1,188,060 |
| 2024 | $4,910,162 | $4,244,709 | $9,526,213 | $665,453 |
| 2023 | $3,403,695 | $2,316,341 | $8,860,760 | $1,087,354 |
| 2022 | $4,891,813 | $3,474,457 | $6,749,200 | $1,417,356 |
| 2021 | $2,441,747 | $4,679,575 | $5,344,631 | $-2,237,828 |
| 2020 | $2,594,492 | $2,020,015 | $9,501,816 | $574,477 |
| 2019 | $2,432,576 | $1,821,107 | $9,321,972 | $611,469 |
| 2018 | $2,293,132 | $2,376,096 | $9,853,722 | $-82,964 |
Compare ECONOMIC DEVELOPMENT PARTNERSHIP with other nonprofits in South Carolina and across the country.