Greenville, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Greenville Area Development Corporation, founded in 2001, is a community nonprofit in the Community Improvement sector that reported $2.5M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $940K, a strong 37% operating margin.
PROMOTING AND ENHANCING THE ECONOMIC GROWTH AND DEVELOPMENT OF GREENVILLE COUNTY SOUTH CAROLINA; GADC WAS FORMED BY GREENVILLE COUNTY COUNCIL.
GENERAL PROGRAM COSTS - INCLUDES SALARIES AND RELATED OVERHEAD REQUIRED TO RECRUIT SPECIFIC POTENTIAL BUSINESSES TO THE GREENVILLE AREA AND TO SUPPORT EXPANSION OF EXISTING BUSINESSES.
PROMOTION OF ECONOMIC DEVELOPMENT IN THE GREENVILLE AREA THROUGH SPECIFIC MARKETING INITIATIVES.
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 | $2,536,026 | $2,684,993 | -0.1% |
| Expenses | $1,596,270 | $2,435,424 | -0.3% |
| Net Income | $939,756 | $249,569 | +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 |
|---|---|---|---|---|---|---|
| CHAD TUMBLIN | SECRETARY | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| JIM BURNS | VICE CHAIR | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| JUSTIN BAGWELL | TREASURER | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| MARSHALL FRANKLIN | CHAIR | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| AMANDA O'BRIEN | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| CHARLES PISZCZOR | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| DAN TRIPP | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| DR LARRY MILLER | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| H G BUTCH KIRVEN JR | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| LIZ SEMAN | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| MCNEIL EPPS | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| MICHAEL JOHNSON | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| SCOTT CHASE | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| WILLIAM MOON | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| KEVIN LANDMESSER | INTERIM CEO / SR VP | 37.5 |
Officer
|
$143,081 | $31,805 | $174,886 |
| MAXWELL STEWART | PRESIDENT | 37.5 |
Officer
|
$139,404 | $28,212 | $167,616 |
| CHARLES SMITH | SENIOR PROJECT MANAGER | 37.5 |
Highest
|
$133,490 | $34,294 | $167,784 |
| TAVIA GADDY | SENIOR PROJECT MANAGER / VP | 37.5 |
Highest
|
$134,405 | $37,942 | $172,347 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,536,026 | $1,596,270 | $3,985,153 | $939,756 |
| 2024 | No data | No data | No data | No data |
| 2023 | $2,199,110 | $1,571,011 | $2,817,864 | $628,099 |
| 2022 | $1,984,050 | $4,129,398 | $2,285,724 | $-2,145,348 |
| 2021 | $2,418,141 | $2,385,995 | $4,479,595 | $32,146 |
| 2020 | $2,380,406 | $1,215,565 | $4,206,871 | $1,164,841 |
| 2019 | $2,193,417 | $1,520,441 | $3,038,342 | $672,976 |
| 2018 | $1,982,197 | $1,381,011 | $2,453,249 | $601,186 |
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