Nonprofit · EIN 20-0962146
GRAND STRAND BUSINESS ASSOCIATION
Tax-exempt · MYRTLE BEACH, SC 29578
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $507,919 | $651,975 | -$144,056 | $391,787 | $7,052 | $384,735 |
| December 31, 2024 | 990 | $648,832 | $459,294 | $189,538 | $532,095 | $3,304 | $528,791 |
| December 31, 2023 | 990 | $625,512 | $372,512 | $253,000 | $340,450 | $1,197 | $339,253 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $500,000
- Membership dues
- $500,000
- Program service revenue
- $0
- Investment income
- $7,919
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $50,000
- Accounting fees
- $1,725
Balance sheet and other
- Total assets, start of year
- $532,095
- Total assets, end of year
- $391,787
- Total liabilities, end of year
- $7,052
- Net assets, end of year
- $384,735
- Net assets without donor restrictions
- $384,735
- Gross receipts
- $507,919
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE CHAPMAN | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| TONY COX | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| SHEP GUYTON | SECRETARY Trustee or director, Officer | 1 | $0 |
| BILLY MCGONIGAL | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE CHAPMAN | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| TONY COX | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| SHEP GUYTON | SECRETARY Trustee or director, Officer | 1 | $0 |
| BILLY MCGONIGAL | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE CHAPMAN | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| TONY COX | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| SHEP GUYTON | SECRETARY Trustee or director, Officer | 1 | $0 |
| BILLY MCGONIGAL | TREASURER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 8082, MYRTLE BEACH, SC 29578-8082
- Principal officer (990 for 2025)
- STEVE CHAPMAN, POST OFFICE BOX 8082, MYRTLE BEACH, SC 29578
- Signed the 990
- STEVE CHAPMAN, CHAIRMAN
- Phone
- (843) 449-6406
- Return prepared by
- SMITH SAPP
Mission
PROMOTE, FOSTER AWARENESS AND STIMULATE GROWTH OF BUSINESS AND COMMERCIAL ACTIVITY IN THE GRAND STRAND REGION OF SOUTH CAROLINA.
Program accomplishments
- PROMOTED AND STIMULATED GROWTH OF BUSINESS AND COMMERCIAL ACTIVITY IN THE GRAND STRAND REGION.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0962146
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $391,787
- Income (IRS master file)
- $507,919
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $507,919 | $651,975 | $391,787 | XML |
| 990 | December 2024 | $648,832 | $459,294 | $532,095 | XML |
| 990 | December 2023 | $625,512 | $372,512 | $340,450 | XML |
| 990 | December 2022 | $363,878 | $502,848 | $88,222 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0962146).
Questions about GRAND STRAND BUSINESS ASSOCIATION
- What is the EIN of GRAND STRAND BUSINESS ASSOCIATION?
- The employer identification number (EIN) of GRAND STRAND BUSINESS ASSOCIATION is 20-0962146.
- Is GRAND STRAND BUSINESS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2006.
- Are donations to GRAND STRAND BUSINESS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GRAND STRAND BUSINESS ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GRAND STRAND BUSINESS ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRAND STRAND BUSINESS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of GRAND STRAND BUSINESS ASSOCIATION?
- The 990 for the year ended December 31, 2025 names STEVE CHAPMAN.
- Who are the officers and directors of GRAND STRAND BUSINESS ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does GRAND STRAND BUSINESS ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $507,919, expenses of $651,975 and total assets of $391,787 at year end.
Other nonprofits in MYRTLE BEACH
- MYRTLE BEACH DOWNTOWN ALLIANCE INC EIN 87-1148149 · last filed 990 for 2025
- PHARMACEUTICAL COMPLIANCE FORUM INC EIN 46-3312253 · last filed 990 for 2025
- PARTNERSHIP GRAND STRAND EIN 87-3063949 · last filed 990 for 2025
- INDEDOCS INC EIN 37-1804134 · last filed 990-EZ for 2025
- GREAT BUSINESS NETWORK EIN 47-1765023 · last filed 990-EZ for 2023
- WOMENS COUNCIL OF REALTORS THE GRAND STRAND EIN 88-1974298 · last filed 990-EZ for 2024
- NEWCOMERS CLUB OF THE GRAND STRAND INC EIN 83-2697294 · last filed 990-EZ for 2025
- MYRTLE BEACH WOMENS CLUB INC EIN 57-1109872 · last filed 990-EZ for 2024
All nonprofits in MYRTLE BEACH · South Carolina · Community improvement and capacity building