CHARLESTON REGIONAL DEVELOPMENT ALLIANCE

EIN: 571015804

CHARLESTON, SC

Total Revenue
$4,061,166
Total Expenses
$4,258,145
Total Assets
$3,766,841
Net Assets
$2,264,802
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
SC
Principal Officer
DAVID GINN
Phone
8437679300
Tax Period
2023-07-01 to 2024-06-30

CHARLESTON REGIONAL DEVELOPMENT ALLIANCE, founded in 1995, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2023.

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 (CONTINUED ON SCHEDULE O)

Program Service Accomplishments

Program 1
Expenses: $3,709,631

CRDA IS AN ALLIANCE OF BUSINESS, GOVERNMENT AND HIGHER EDUCATION WORKING TOGETHER TO DRIVE A STRONG, SUSTAINABLE ECONOMY IN THE CHARLESTON REGION. OUR EFFORTS INCLUDE A COMPREHENSIVE MARKETING AND...

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CRDA IS AN ALLIANCE OF BUSINESS, GOVERNMENT AND HIGHER EDUCATION WORKING TOGETHER TO DRIVE A STRONG, SUSTAINABLE ECONOMY IN THE CHARLESTON REGION. OUR EFFORTS INCLUDE A COMPREHENSIVE MARKETING AND BUSINESS DEVELOPMENT PROGRAM DESIGNED TO ATTRACT THE WORLD'S BEST COMPANIES, TALENT AND ENTREPRENEURS TO THE GREATER CHARLESTON AREA. WE ALSO FACILITATE THE SITE SELECTION PROCESS FOR COMPANIES CONSIDERING OUR MARKET FOR COMPETITIVE EXPANSION OR LOCATION INVESTMENTS. DURING FY23-24, CRDA CONTINUED OUR GLOBALLY FOCUSED BUSINESS DEVELOPMENT WORK IN PARTNERSHIP WITH THE SC DEPARTMENT OF COMMERCE AND OTHER KEY ECONOMIC DEVELOPMENT PARTNERS. (CONTINUED ON SCHEDULE O)

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,119,480
Program Service Revenue $0
Investment Income $-119,931
Other Revenue $61,617
TOTAL REVENUE $4,061,166

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,405,324
Fundraising Expenses $130,599
Program Expenses $3,709,631
Other Expenses $1,852,821
TOTAL EXPENSES $4,258,145

Year-over-Year Comparison

2023 2022 Change
Revenue $4,061,166 $3,842,868 +0.1%
Expenses $4,258,145 $3,987,643 +0.1%
Net Income $-196,979 $-144,775 +0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
131
Independent Members
131
Employees
14
Volunteers
147

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$413,481
Total Directors
147
$0
Key Employees
2
$503,315
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID GINN PRESIDENT AN 40.00
Officer
$379,674 $33,807 $413,481
MICHAEL J GRANEY VP GLOB BUS 40.00
Key Emp
$228,282 $26,505 $254,787
KAREN H KUCHENBECKER VP OPERATION 40.00
Key Emp
$222,422 $26,106 $248,528
JASON GERARD BROWN DIR, STAKEHO 40.00
Highest
$158,478 $19,071 $177,549
N/A DIR, GLOBAL 40.00
Highest
$139,532 $19,222 $158,754
MEGAN FINK DIR, MARKETI 40.00
Highest
$134,766 $18,973 $153,739
JACQUELYN RENEGAR DIR, BUS RES 40.00
Highest
$127,850 $19,696 $147,546
CHRIS FRASER CHAIR 2.00
Officer Director
$0 $0 $0
WILLIAM RUSSELL III TREASURER/ S 2.00
Officer Director
$0 $0 $0
MICHAEL FULLER IMMED. PAST 2.00
Officer Director
$0 $0 $0
JEFF SPICER DIRECTOR 0.25
Director
$0 $0 $0
TIM GROW DIRECTOR 0.25
Director
$0 $0 $0
REEVES SKEEN DIRECTOR 0.25
Director
$0 $0 $0
WILLIAM COGSWELL DIRECTOR 0.25
Director
$0 $0 $0
MICA DOLAN DIRECTOR 0.25
Director
$0 $0 $0
CHRIS NONNEMAN DIRECTOR 0.25
Director
$0 $0 $0
JAMES BYRD DIRECTOR 0.25
Director
$0 $0 $0
J ASHLEY COOPER DIRECTOR 0.25
Director
$0 $0 $0
CASEY LAVIN DIRECTOR 0.25
Director
$0 $0 $0
JAKE FREDERICK DIRECTOR 0.25
Director
$0 $0 $0
MICHAEL SCARAFILE DIRECTOR 0.25
Director
$0 $0 $0
NIALL POWER DIRECTOR 0.25
Director
$0 $0 $0
DAVID BAGGS DIRECTOR 0.25
Director
$0 $0 $0
JONATHAN STEINBERG DIRECTOR 0.25
Director
$0 $0 $0
PETER LAMOTTE DIRECTOR 0.25
Director
$0 $0 $0
REGINALD BURGESS DIRECTOR 0.25
Director
$0 $0 $0
PAUL PATRICK DIRECTOR 0.25
Director
$0 $0 $0
JIM GARRETT DIRECTOR 0.25
Director
$0 $0 $0
MARION BULL DIRECTOR 0.25
Director
$0 $0 $0
CHRISTOPHER IBSEN DIRECTOR 0.25
Director
$0 $0 $0
LUIZ YAMASHITA DIRECTOR 0.25
Director
$0 $0 $0
MIKE CARTER DIRECTOR 0.25
Director
$0 $0 $0
DARRYL STRUNK DIRECTOR 0.25
Director
$0 $0 $0
SCOTT FENNELL DIRECTOR 0.25
Director
$0 $0 $0
WILL SEEL DIRECTOR 0.25
Director
$0 $0 $0
JASON HESSBERG DIRECTOR 0.25
Director
$0 $0 $0
LEN HUTCHISON DIRECTOR 0.25
Director
$0 $0 $0
RUDY THOMAS DIRECTOR 0.25
Director
$0 $0 $0
JIM POSDA DIRECTOR 0.25
Director
$0 $0 $0
LILYN HESTER DIRECTOR 0.25
Director
$0 $0 $0
RITA BERRY DIRECTOR 0.25
Director
$0 $0 $0
JEREMY COOK DIRECTOR 0.25
Director
$0 $0 $0
CHIP CRANE DIRECTOR 0.25
Director
$0 $0 $0
JOSH VANSCOY DIRECTOR 0.25
Director
$0 $0 $0
BARRY WHALEN DIRECTOR 0.25
Director
$0 $0 $0
WILL HELMLY DIRECTOR 0.25
Director
$0 $0 $0
SHAUN MALIN DIRECTOR 0.25
Director
$0 $0 $0
NAT BANKS DIRECTOR 0.25
Director
$0 $0 $0
ALAN TOWNSEND DIRECTOR 0.25
Director
$0 $0 $0
SAMUEL SCHWARZER DIRECTOR 0.25
Director
$0 $0 $0
MARY DEAN HALL DIRECTOR 0.25
Director
$0 $0 $0
JULIETTE BOGUS DIRECTOR 0.25
Director
$0 $0 $0
J WALKER COLEMAN IV DIRECTOR 0.25
Director
$0 $0 $0
RICK MIXSON DIRECTOR 0.25
Director
$0 $0 $0
WADE ALLEN DIRECTOR 0.25
Director
$0 $0 $0
CALEB SHOMO DIRECTOR 0.25
Director
$0 $0 $0
DON BAUS DIRECTOR 0.25
Director
$0 $0 $0
GEORGE TEMPLE IV DIRECTOR 0.25
Director
$0 $0 $0
TUSHAR CHIKHLIKER DIRECTOR 0.25
Director
$0 $0 $0
CHARLES JORDAN JR DIRECTOR 0.25
Director
$0 $0 $0
MARK HALL DIRECTOR 0.25
Director
$0 $0 $0
DAVID HAND DIRECTOR 0.25
Director
$0 $0 $0
ELIZABETH GIBBES DIRECTOR 0.25
Director
$0 $0 $0
MICHAEL E BAKER DIRECTOR 0.25
Director
$0 $0 $0
ROBERT PRATT DIRECTOR 0.25
Director
$0 $0 $0
JASON LEE DIRECTOR 0.25
Director
$0 $0 $0
JOSH SORKIN DIRECTOR 0.25
Director
$0 $0 $0
PAMELA WILLIAMS DIRECTOR 0.25
Director
$0 $0 $0
PHILLIP PADGETT DIRECTOR 0.25
Director
$0 $0 $0
THOMAS ANDERSON DIRECTOR 0.25
Director
$0 $0 $0
SCOTT SHARP DIRECTOR 0.25
Director
$0 $0 $0
JONATHAN HOFFMAN DIRECTOR 0.25
Director
$0 $0 $0
JAYSON NORMAN DIRECTOR 0.25
Director
$0 $0 $0
CHRIS MAGALDI DIRECTOR 0.25
Director
$0 $0 $0
PAIGE CARLTON DIRECTOR 0.25
Director
$0 $0 $0
WILL HAYNIE DIRECTOR 0.25
Director
$0 $0 $0
RUSS TOUCHBERRY DIRECTOR 0.25
Director
$0 $0 $0
MATT ROTH DIRECTOR 0.25
Director
$0 $0 $0
MELVIN CLINE DIRECTOR 0.25
Director
$0 $0 $0
MORRIS ELLISON DIRECTOR 0.25
Director
$0 $0 $0
ALYSSA RICHARDSON DIRECTOR 0.25
Director
$0 $0 $0
GEORGE MORRISON TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
STEVE GALLAGHER TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
CHRISTINA OH TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
DAVID HAMILTON TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
JON DOWNEY TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
RICKY WARING TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
JOHN TECKLENBURG TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
R KEITH SUMMEY TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
STEPHANIE YARBROUGH TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
WILLIAM KIRKLAND TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
C DINOS LIOLLIO TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
SHANE JAMES TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
STEVE WARNER TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
MICHAEL SANDERSON TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
GREG MARSHALL TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
TAMMY COGHILL TERM ENDED DIRECTOR 0.25
Director
$0 $0 $0
JOHNNY CRIBB DIRECTOR 0.25
Director
$0 $0 $0
JOSHUA S WHITLEY DIRECTOR 0.25
Director
$0 $0 $0
BRANTLEY MOODY DIRECTOR 0.25
Director
$0 $0 $0
HERB SASS DIRECTOR 0.25
Director
$0 $0 $0
JAY BYARS DIRECTOR 0.25
Director
$0 $0 $0
TODD FRIDDLE DIRECTOR 0.25
Director
$0 $0 $0
TONY POPE DIRECTOR 0.25
Director
$0 $0 $0
COREY MCCLAREY DIRECTOR 0.25
Director
$0 $0 $0
JENNY HONEYCUTT DIRECTOR 0.25
Director
$0 $0 $0
BRYAN STEFANI DIRECTOR 0.25
Director
$0 $0 $0
DEEPAL ELIATAMBY DIRECTOR 0.25
Director
$0 $0 $0
JEFF TRENNING DIRECTOR 0.25
Director
$0 $0 $0
TONY VINCENT DIRECTOR 0.25
Director
$0 $0 $0
CASSIE CHERICHELLO DIRECTOR 0.25
Director
$0 $0 $0
ERIN FISHER DIRECTOR 0.25
Director
$0 $0 $0
JARID COTTRELL DIRECTOR 0.25
Director
$0 $0 $0
PETER FENNELLY DIRECTOR 0.25
Director
$0 $0 $0
CODY BAKER DIRECTOR 0.25
Director
$0 $0 $0
BRYAN DERREBERRY DIRECTOR 0.25
Director
$0 $0 $0
DAVE ECHOLS DIRECTOR 0.25
Director
$0 $0 $0
WIL RILEY DIRECTOR 0.25
Director
$0 $0 $0
MARK CLINE DIRECTOR 0.25
Director
$0 $0 $0
TIM HEICHELBECH DIRECTOR 0.25
Director
$0 $0 $0
GREGORY HABIB DIRECTOR 0.25
Director
$0 $0 $0
HARRY LESESNE DIRECTOR 0.25
Director
$0 $0 $0
HEIDI FINNIFF DIRECTOR 0.25
Director
$0 $0 $0
TODD HALLORAN DIRECTOR 0.25
Director
$0 $0 $0
CLARK DAVIS DIRECTOR 0.25
Director
$0 $0 $0
MICKEY RENNER DIRECTOR 0.25
Director
$0 $0 $0
DONNIE FETNER DIRECTOR 0.25
Director
$0 $0 $0
PAT KIERNAN DIRECTOR 0.25
Director
$0 $0 $0
DAN WHALEN DIRECTOR 0.25
Director
$0 $0 $0
JONATHAN DAWLEY DIRECTOR 0.25
Director
$0 $0 $0
GRAYDON MCNAIR DIRECTOR 0.25
Director
$0 $0 $0
JESSICA PAUL DIRECTOR 0.25
Director
$0 $0 $0
MIKE BRYAN DIRECTOR 0.25
Director
$0 $0 $0
BRENT GIBADLO DIRECTOR 0.25
Director
$0 $0 $0
MARY GARCIA DIRECTOR 0.25
Director
$0 $0 $0
MARKUS GROEGER DIRECTOR 0.25
Director
$0 $0 $0
JAMES CHAVEZ DIRECTOR 0.25
Director
$0 $0 $0
STUART WHITESIDE DIRECTOR 0.25
Director
$0 $0 $0
BRAD CANADAY DIRECTOR 0.25
Director
$0 $0 $0
LAURA EVANS DIRECTOR 0.25
Director
$0 $0 $0
BOB QUINN DIRECTOR 0.25
Director
$0 $0 $0
KEVIN LEE DIRECTOR 0.25
Director
$0 $0 $0
DEREK MATHIS DIRECTOR 0.25
Director
$0 $0 $0
REID BOEHM DIRECTOR 0.25
Director
$0 $0 $0
WILL SALTERS DIRECTOR 0.25
Director
$0 $0 $0
DAN DOYLE DIRECTOR 0.25
Director
$0 $0 $0
AMIE GRIMES DIRECTOR 0.25
Director
$0 $0 $0
TOM MCKENNA DIRECTOR 0.25
Director
$0 $0 $0
TIM KENNEDY DIRECTOR 0.25
Director
$0 $0 $0
MARSHALL CONNOR DIRECTOR 0.25
Director
$0 $0 $0
RYAN BENTON DIRECTOR 0.25
Director
$0 $0 $0
D SHANNON STEPHENS DIRECTOR 0.25
Director
$0 $0 $0
DAVID STENSTRM DIRECTOR 0.25
Director
$0 $0 $0
BOBBY CREECH DIRECTOR 0.25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $4,061,166 $4,258,145 $3,766,841 $-196,979
2023 $3,842,868 $3,987,643 $3,047,981 $-144,775
2022 $3,556,496 $3,762,621 $3,012,064 $-206,125
2021 $3,649,179 $3,211,479 $3,298,380 $437,700
2020 $3,661,501 $3,192,338 $2,681,592 $469,163
2019 $3,536,392 $3,561,580 $2,395,166 $-25,188
2018 $3,451,756 $3,441,700 $2,440,147 $10,056
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