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Nonprofit · EIN 58-2338582

CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION

Tax-exempt · SUMTER, SC 29151

Financials

$1.3M$447K2023$2M$570K2024$1.7M$261K2025
Revenue Expenses · by fiscal year end
Financials of CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2026990$1,746,836$261,383$1,485,453$9,286,858$0$9,286,858
June 30, 2025990$1,986,214$569,743$1,416,471$7,970,024$168,619$7,801,405
June 30, 2024990$1,299,448$446,750$852,698$6,386,459$1,525$6,384,934
Financial details: 990 for the year ended June 30, 2026

Revenue

Contributions, gifts and grants
$1,447,880
Program service revenue
$0
Investment income
$298,956
Other revenue
$0

Expenses

Grants and similar amounts paid
$180,175
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$712
Occupancy
$12,800
Program services (functional)
$260,671
Management and general (functional)
$662
Fundraising (functional)
$50

Balance sheet and other

Total assets, start of year
$7,970,024
Total assets, end of year
$9,286,858
Total liabilities, end of year
$0
Net assets, end of year
$9,286,858
Gross receipts
$1,746,836
Employees
0
Year formed
1997
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, 2026, highest compensation first.

NameTitleHours / weekCompensation
DAVID P MERCHANTBOARD MEMBER
Trustee or director
1$0
COLIN DAVISBOARD MEMBER
Trustee or director
1$0
DERON MCCORMICKTREASURER
Officer
1$0
APRIL WOODSCHAIR PERSON
Officer
1$0
VERNON J DISNEYBOARD MEMBER
Trustee or director
1$0
MICHAEL WALTERSBOARD MEMBER
Trustee or director
1$0
AUSTIN FLOYDBOARD MEMBER
Trustee or director
1$0
MARY BLANDINGBOARD MEMBER
Trustee or director
1$0
LATOYA MOOREBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2025: 9 people
NameTitleHours / weekCompensation
DAVID P MERCHANTBOARD MEMBER
Trustee or director, Officer
1$0
COLIN DAVISBOARD MEMBER
Trustee or director
1$0
DERON MCCORMICKTREASURER
Officer
1$0
APRIL WOODSCHAIR PERSON
Trustee or director, Officer
1$0
VERNON J DISNEYBOARD MEMBER
Trustee or director
1$0
MICHAEL WALTERSBOARD MEMBER
Trustee or director
1$0
AUSTIN FLOYDBOARD MEMBER
Trustee or director
1$0
MARY BLANDINGBOARD MEMBER
Trustee or director
1$0
LATOYA MOOREBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
DAVID P MERCHANTBOARD MEMBER
Institutional trustee
1$0
COLIN DAVISBOARD MEMBER
Trustee or director
1$0
DERON MCCORMICKTREASURER
Officer
1$0
DAVID SANDERSBOARD MEMBER
Trustee or director
1$0
ISAAC M CARRBOARD MEMBER
Trustee or director
1$0
GALE PLAYERCHAIR OF BOA
Trustee or director, Officer
1$0
ROSALIND DOUGHTYBOARD MEMBER
Trustee or director
1$0
MARY KOLBBOARD MEMBER
Trustee or director
1$0
SANEDRA STALEYBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 1449, SUMTER, SC 29151-1449
In care of
% ELIZABETH SHANNON
Principal officer (990 for 2025)
DERON MCCORMICK, POST OFFICE BOX 1449, SUMTER, SC 29151
Signed the 990
DERON MCCORMICK, TREASURER
Phone
(803) 436-2685
Return prepared by
THE BRITTINGHAM GROUP LLP

Mission

TO SUPPORT / CONDUCT ACTIVITIES THAT MAY PROVIDE HOUSING, ECONOMIC DEVELOPMENT, DOWNTOWN REVITALIZATION, HISTORIC PRESERVATION AND COMMUNITY DEVELOPMENT.

990 for the year ended June 30, 2026

Program accomplishments

  • TO COMBAT COMMUNITY DETERIORATION THROUGH RESIDENTIAL AND COMMERCIAL DEVELOPMENT AND REVITALIZATION, ECONOMIC DEVELOPMENT AND HISTORIC PRESERVATION.
    Expenses $260,671 · grants $180,175

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026990 on file
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
58-2338582
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,286,858
Income (IRS master file)
$1,746,836

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2026$1,746,836$261,383$9,286,858XML
990June 2025$1,986,214$569,743$7,970,024XML
990June 2024$1,299,448$446,750$6,386,459XML
990June 2023$2,391,474$1,186,345$5,656,069IRS
990June 2022$2,384,397$2,191,044$4,664,908IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 58-2338582).

Questions about CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION

What is the EIN of CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION?
The employer identification number (EIN) of CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION is 58-2338582.
Is CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION 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 CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION due?
The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2026.
Who is the principal officer of CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION?
The 990 for the year ended June 30, 2026 names DERON MCCORMICK.
Who are the officers and directors of CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION?
The 990 for the year ended June 30, 2026 lists 9 people; 0 received compensation from the organization.
How much revenue does CITY OF SUMTER HOUSING & ECONOMIC DEVELOPEMENT CORPORATION have?
On its 990 for the year ended June 30, 2026 it reported revenue of $1,746,836, expenses of $261,383 and total assets of $9,286,858 at year end.

Other nonprofits in SUMTER

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