Greater Greer Development Corporation FY2020 filing

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advancement & promotion of business interest in Greer through assistance in development efforts & marketing of the community to attract institutions

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 57-0965048) · Dispute this line
501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
90¢ of each $1 spent went to programs.
$129K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $76K a year · 18% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
90% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$129K
to officers and key staff · 29% of spending
Pay to officers and key staff is 29% of spending.
Part VII, Section A
13.7 mo
of spending, in cash
13.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$45K
9% of total assets
Liabilities are 9% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$520K
Spent
$441K
To programs
90%
Net assets
$459K
By yearFY2020–FY2024
Revenue
$520K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$520K
FY2021$598K
FY2022$620K
FY2023$306K
FY2024$113K
Expenses
$441K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$441K
FY2021$529K
FY2022$655K
FY2023$490K
FY2024$423K
Net assets
$459K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$459K
FY2021$529K
FY2022$493K
FY2023$310K
FY2024$0

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $399K Management & general 10% · $43K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $129K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$128,717Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
J Reno Deaton$132,184$128,717

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Greater Greer Development Corporation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes business growth and attracts institutions by assisting development and marketing efforts.

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1 program · $399K · in their own filed words · FY2020
01

advancement & promotion of business interest in Greer through personnel assistance in development efforts & marketing of the community to attract institutions that create jobs in the community

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 57-0965048) · Dispute this line
$399Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$520K
Ln 12
Gifts and grantsLn 1h$513K
Other incomeLn 4–11$6K
Investment incomeLn 3$828
Money outPt IX
$441K
Ln 25
Programscol B$399K
Managementcol C$43K
Owns and owesPt X
$459K
net assets · Ln 32
Cash and savingsLn 1–2$504K
Total assetsLn 16$505K
LiabilitiesLn 26$45K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$513K
Investment incomeLn 3$828
Other incomeLn 4–11$6K
Total revenueLn 12$520K
Assets in detailPt X, end of year
CashLn 1$261K
SavingsLn 2$243K
Cash and savings togetherLn 1–2$504K
Land, buildings, equipmentLn 10c$558
Other assetsLn 15$52
Total assetsLn 16$505K
LiabilitiesLn 26$45K
Net assetsLn 32$459K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$437K$504K
Land, buildings, equipmentLn 10c$1K$558
Total assetsLn 16$438K$505K
LiabilitiesLn 26$58K$45K
Net assetsLn 32$381K$459K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$129K$129K$0$0
Other salaries and wagesLn 7$72K$72K$0$0
Other employee benefitsLn 9$78K$77K$1K$0
Payroll taxesLn 10$16K$16K$0$0
Management feesLn 11a$42K$42K$56$0
Accounting feesLn 11c$6K$191$6K$0
Advertising and promotionLn 12$44K$44K$0$0
Office expensesLn 13$1K$38$1K$0
Information technologyLn 14$18K$16K$2K$0
OccupancyLn 16$22K$0$22K$0
TravelLn 17$163$163$0$0
Conferences, conventions and meetingsLn 19$3K$3K$0$0
Depreciation, depletion and amortizationLn 22$446$0$446$0
InsuranceLn 23$2K$0$2K$0
Other expenses (24a–d)Ln 24$7K$200$7K$0
Total functional expensesLn 25$441K$399K$43K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 5, 2025 $113K$423K−$310K$0 990 PDF
FY2023Filed with the IRS May 14, 2024 $306K$490K−$183K$310K 990 PDF
FY2022Filed with the IRS May 10, 2023 $620K$655K−$36K$493K 990 PDF
FY2021Filed with the IRS May 11, 2022 $598K$529K$69K$529K 990 PDF
FY2020 ViewingFiled with the IRS May 17, 2021 $520K$441K$79K$459K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $520,122 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $495,842$512,794
I-9 Program service revenue$0
I-10 Investment incomePrior year $4,052$828
I-11 Other revenuePrior year $5,500$6,500
I-12 Total revenuePrior year $505,394$520,122
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $295,850$294,768
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $205,868$146,690
I-18 Total expensesPrior year $501,718$441,458
I-19 Revenue less expensesPrior year $3,676$78,664
Part VI · Governance 8 of 8 board members independent, 2 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $520,122 across 4 lines filed
Lines not itemized here account for $6,500 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$512,794
VIII-1h Total contributions, gifts and grants$512,794
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$828
VIII-12 Total revenueRelated to mission $7,328 · Unrelated business $0 · Excluded from tax $0$520,122
Part IX · Statement of functional expenses $441,458 across 15 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $128,716 · Management $0 · Fundraising $0$128,716
IX-7 Other salaries and wagesPrograms $71,920 · Management $0 · Fundraising $0$71,920
IX-9 Other employee benefitsPrograms $76,892 · Management $1,409 · Fundraising $0$78,301
IX-10 Payroll taxesPrograms $15,831 · Management $0 · Fundraising $0$15,831
IX-11a Management feesPrograms $42,300 · Management $56 · Fundraising $0$42,356
IX-11c Accounting feesPrograms $191 · Management $6,115 · Fundraising $0$6,306
IX-12 Advertising and promotionPrograms $43,884 · Management $0 · Fundraising $0$43,884
IX-13 Office expensesPrograms $38 · Management $1,060 · Fundraising $0$1,098
IX-14 Information technologyPrograms $15,752 · Management $2,476 · Fundraising $0$18,228
IX-16 OccupancyPrograms $0 · Management $22,155 · Fundraising $0$22,155
IX-17 TravelPrograms $163 · Management $0 · Fundraising $0$163
IX-19 Conferences, conventions and meetingsPrograms $2,785 · Management $0 · Fundraising $0$2,785
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $446 · Fundraising $0$446
IX-23 InsurancePrograms $0 · Management $2,042 · Fundraising $0$2,042
IX-24 Other expenses (24a–d)Programs $200 · Management $7,027 · Fundraising $0$7,227
IX-25 Total functional expensesPrograms $398,672 · Management $42,786 · Fundraising $0$441,458
Part X · Balance sheet $504,874 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $195,445$261,453
X-2 Savings and temporary cash investmentsStart of year $241,984$242,811
X-10c Land, buildings and equipment, netStart of year $1,004$558
X-15 Other assetsStart of year $52$52
X-16 Total assetsStart of year $438,485$504,874
X-17 Accounts payable and accrued expensesStart of year $1,787$517
X-19 Deferred revenueStart of year $53,783$43,634
X-25 Other liabilitiesStart of year $2,132$1,276
X-26 Total liabilitiesStart of year $57,702$45,427
X-27 Net assets without donor restrictionsStart of year $380,783$459,447
X-32 Total net assets or fund balancesStart of year $380,783$459,447
X-33 Total liabilities and net assetsStart of year $438,485$504,874
Part XI · Reconciliation of net assets $459,447 net assets at year end
XI-1 Total revenue$520,122
XI-2 Total expenses$441,458
XI-3 Revenue less expenses$78,664
XI-4 Net assets at start of year$380,783
XI-10 Net assets at end of year$459,447

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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