CITY CENTER PARTNERSHIP INC

EIN: 571116130 Community Improvement

COLUMBIA, SC

Total Revenue
$2,143,967
Total Expenses
$2,103,057
Total Assets
$1,247,750
Net Assets
$810,082
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
SC
Principal Officer
R MATTHEW KENNELL
Phone
8032330620
Tax Period
2024-07-01 to 2025-06-30

CITY CENTER PARTNERSHIP INC, founded in 2001, is a community nonprofit in the Community Improvement sector that reported $2.1M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO ESTABLISH A BUSINESS IMPROVEMENT DISTRICT TO ATTRACT, PROTECT AND MAINTAIN BUSINESS INVESTMENT IN DOWNTOWN COLUMBIA, SC.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,036,325
Investment Income $5,264
Other Revenue $102,378
TOTAL REVENUE $2,143,967

Expense Breakdown

Grants Paid $10,000
Salaries & Benefits $631,906
Fundraising Expenses $0
Program Expenses $1,271,195
Other Expenses $1,461,151
TOTAL EXPENSES $2,103,057

Year-over-Year Comparison

2024 2023 Change
Revenue $2,143,967 $1,893,802 +0.1%
Expenses $2,103,057 $1,899,533 +0.1%
Net Income $40,910 $-5,731 -8.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
26
Independent Members
26
Employees
4
Volunteers
100

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
5
$313,093
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HON ALLISON TERRACIO BOARD MEMBER 0.20
Director
$0 $0 $0
KRISTIAN NIEMI BOARD MEMBER 0.20
Director
$0 $0 $0
CHAD ELSEY BOARD MEMBER 0.20
Director
$0 $0 $0
CHRIS LEWIS BOARD MEMBER 0.20
Director
$0 $0 $0
HON PAUL LIVINGSTON BOARD MEMBER 0.20
Director
$0 $0 $0
HON REV EDWARD MCDOWELL JR BOARD MEMBER 0.20
Director
$0 $0 $0
JEREMY BECRAFT BOARD MEMBER 0.20
Director
$0 $0 $0
SHAYLA MERRITT BOARD MEMBER 0.20
Director
$0 $0 $0
RICHARD WASSERMAN MD BOARD MEMBER 0.20
Director
$0 $0 $0
LEONARDO BROWN BOARD MEMBER 0.20
Director
$0 $0 $0
RAJ CHAMPANERI BOARD MEMBER 0.20
Director
$0 $0 $0
SARA MIDDLETON STYLES BOARD MEMBER 0.20
Director
$0 $0 $0
ED WALTON BOARD MEMBER 0.20
Director
$0 $0 $0
ANTHONY JACKSON BOARD MEMBER 0.20
Director
$0 $0 $0
RYAN COLEMAN BOARD MEMBER 0.20
Director
$0 $0 $0
PAMELA BYNOE-REED BOARD MEMBER 0.20
Director
$0 $0 $0
TERESA WILSON BOARD MEMBER 0.20
Director
$0 $0 $0
HON DANIEL RICKENMANN BOARD MEMBER 0.20
Director
$0 $0 $0
CARL BLACKSTONE BOARD MEMBER 0.20
Director
$0 $0 $0
JULIE TUTTLE BOARD MEMBER 0.20
Director
$0 $0 $0
GEORGIA COLEMAN BOARD MEMBER 0.20
Director
$0 $0 $0
BETH FROST BOARD MEMBER, EXECUTIVE CO 0.20
Director
$0 $0 $0
JONATHAN HARVEY BOARD MEMBER, EXECUTIVE CO 0.20
Director
$0 $0 $0
REV WES CHURCH BOARD MEMBER, EXECUTIVE CO 0.20
Director
$0 $0 $0
FRANK CASON BOARD MEMBER, EXECUTIVE CO 0.20
Director
$0 $0 $0
HEATHER MITCHELL CHAIRMAN 0.20
Officer Director
$0 $0 $0
DREW PAINTER VICE CHAIR 0.20
Officer Director
$0 $0 $0
JASON CASKEY TREASURER 0.20
Officer Director
$0 $0 $0
SCOTT GARVIN SECRETARY 0.20
Officer Director
$0 $0 $0
R MATTHEW KENNELL PRESIDENT AND CEO 0.20
Officer
$243,185 $69,908 $313,093
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 $2,143,967 $2,103,057 $1,247,750 $40,910
2024 $1,893,802 $1,899,533 $1,184,945 $-5,731
2023 $1,600,432 $1,596,090 $1,236,071 $4,342
2022 $1,648,558 $1,507,861 $891,613 $140,697
2021 $1,345,060 $1,336,426 $869,569 $8,634
2020 $1,498,570 $1,533,929 $686,315 $-35,359
2019 $1,470,752 $1,474,965 $726,406 $-4,213
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