Nonprofit · EIN 57-0949036
BUSINESS DEVELOPMENT CORPORATION OF CLARENDON COUNTY
Tax-exempt · MANNING, SC 29102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,143,524 | $1,201,571 | $1,941,953 | $10,945,803 | $1,181,835 | $9,763,968 |
| June 30, 2024 | 990 | $1,485,516 | $947,511 | $538,005 | $9,684,451 | $1,873,553 | $7,810,898 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,048,635
- of which government grants
- $2,717,732
- Program service revenue
- $0
- Investment income
- -$63,293
- Net rental income
- $158,182
- Net gain from sales of assets
- -$78,837
- Other revenue
- $158,182
Expenses
- Grants and similar amounts paid
- $50,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $118,491
Balance sheet and other
- Total assets, start of year
- $9,684,451
- Total assets, end of year
- $10,945,803
- Total liabilities, end of year
- $1,181,835
- Net assets, end of year
- $9,763,968
- Land, buildings and equipment
- $8,084,207
- Net assets without donor restrictions
- $8,601,654
- Net assets with donor restrictions
- $1,162,314
- Gross receipts
- $3,222,361
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1992
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| GEORGE KOSINSKI | EXECUTIVE DIRECTOR Officer | 10 | $0 | $120,225 |
| BARRY HAM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MATTHEW PRINCE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GG CUTTER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BLAKE GIBBONS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROGER FLOWERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT BOYKIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEN WELLS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STEVE C GAMBLE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RACHEL GAINEY | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LISA JUSTICE | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| GEORGE KOSINSKI | EXECUTIVE DIRECTOR Officer | 10 | $0 | $111,876 |
| BARRY HAM | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LINZY WASHINGTON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MATTHEW PRINCE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GG CUTTER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BLAKE GIBBONS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROGER FLOWERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT BOYKIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEN WELLS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STEVE C GAMBLE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RACHEL GAINEY | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LISA JUSTICE | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 411 SUNSET DR, MANNING, SC 29102-2423
- Principal officer (990 for 2024)
- GEORGE KOSINSKI, 411 DRIVE, MANNING, SC 29102
- Signed the 990
- GEORGE KOSINSKI, EXECUTIVE DIRECTOR
- Phone
- (803) 435-8813
- Return prepared by
- MCGREGOR & COMPANY LLP
Mission
ECONOMIC DEVELOPMENT IN CLARENDON COUNTY
Program accomplishments
- ECONOMIC GROWTH OF CLARENDON COUNTY WAS STIMULATED THROUGH VARIOUS INCENTIVE LEASING AGREEMENTS WITH SMALL BUSINESSES.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 57-0949036
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1993
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $10,945,803
- Income (IRS master file)
- $3,222,361
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,143,524 | $1,201,571 | $10,945,803 | XML |
| 990 | June 2024 | $1,485,516 | $947,511 | $9,684,451 | XML |
| 990 | June 2023 | $1,091,659 | $526,677 | $8,320,762 | IRS |
| 990 | June 2022 | $1,196,088 | $1,264,758 | $7,875,750 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 57-0949036).
Questions about BUSINESS DEVELOPMENT CORPORATION OF CLARENDON COUNTY
- What is the EIN of BUSINESS DEVELOPMENT CORPORATION OF CLARENDON COUNTY?
- The employer identification number (EIN) of BUSINESS DEVELOPMENT CORPORATION OF CLARENDON COUNTY is 57-0949036.
- Is BUSINESS DEVELOPMENT CORPORATION OF CLARENDON COUNTY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1993.
- Are donations to BUSINESS DEVELOPMENT CORPORATION OF CLARENDON COUNTY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BUSINESS DEVELOPMENT CORPORATION OF CLARENDON COUNTY 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 BUSINESS DEVELOPMENT CORPORATION OF CLARENDON COUNTY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUSINESS DEVELOPMENT CORPORATION OF CLARENDON COUNTY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BUSINESS DEVELOPMENT CORPORATION OF CLARENDON COUNTY?
- The 990 for the year ended June 30, 2025 names GEORGE KOSINSKI.
- Who are the officers and directors of BUSINESS DEVELOPMENT CORPORATION OF CLARENDON COUNTY?
- The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does BUSINESS DEVELOPMENT CORPORATION OF CLARENDON COUNTY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,143,524, expenses of $1,201,571 and total assets of $10,945,803 at year end.
Other nonprofits in MANNING
- CLARENDON COUNTY DISABILITIES & SPECIAL NEEDS BOARD EIN 57-0661783 · last filed 990 for 2025
- MANNING EDUCATIONAL ASSOCIATION EIN 57-0545276 · last filed 990 for 2025
- CLARENDON COUNTY COMMISSION ON ALCOHOL & DRUG ABUSE EIN 57-0609534 · last filed 990 for 2025
- CLARENDON FACILITIES CORPORATION EIN 27-3883624 · last filed 990 for 2024
- A SECOND CHANCE ANIMAL SHELTER EIN 57-1075206 · last filed 990 for 2024
- CLARENDON COUNTY CHAMBER OF COMMERCE EIN 57-0777231 · last filed 990 for 2024
- UNITED FARMERS USA INC EIN 30-0141591 · last filed 990 for 2025
- CLARENDON CHRISTIAN LEARNING CENTER INC EIN 58-2448575 · last filed 990 for 2024