GREATER BEAUFORT-HILTON HEAD ECONOMIC DEVELOPMENT PARTNRSHP INC

Address
916 BAY ST
BEAUFORT, SC 29902-8511
Contact
Website: http://www.lowcountrynet.org
Phone: +1 (843) 379-3955
Nonprofit
NTEE: S30 - Economic Development
EIN: 57-0920680

Mission

To attract business and investment to Beaufort County, South Carolina
 201120102009
Basic features of the organization
Year of formation2001
Metropolitan statistical area0000
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Number of employees 6 
Number of people compensated >$100k 0 
Number of volunteers 0 
Personnel
Barrett, Anthony
Title DIRECTOR 
Name of key/compensated person ANTHONY BARRETT 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Baxter, Jan
Title CHAIRMAN 
Name of key/compensated person JAN BAXTER 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Dadson, Scott
Title DIRECTOR 
Name of key/compensated person SCOTT DADSON 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Fulghum, Andrew
Title DIRECTOR 
Name of key/compensated person ANDREW FULGHUM 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Holman, Larry
Title DIRECTOR 
Name of key/compensated person LARRY HOLMAN 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Kubic, Gary
Title DIRECTOR 
Name of key/compensated person Gary Kubic 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Leitzel, Tom
Title VICE-CHAIRMAN 
Name of key/compensated person TOM LEITZEL 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Miles, Bill
Title DIRECTOR 
Name of key/compensated person BILL MILES 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Moss, Dean
Title DIRECTOR 
Name of key/compensated person Dean Moss 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Ryan, Don
Title DIRECTOR 
Name of key/compensated person DON RYAN 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Samuel, Brad
Title DIRECTOR 
Name of key/compensated person BRAD SAMUEL 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Schaller, Chuck
Title SECRETARY 
Name of key/compensated person CHUCK SCHALLER 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Schauss, Craig
Title DiRECTOR 
Name of key/compensated person Craig Schauss 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Statler, Kim
Title EXECUTIVE DIRECTOR 
Name of key/compensated person KIM STATLER 
Position of compensated person
Average hours per week working for org 40.00 
Reportable compensation from org $92,677.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Stewart, Dick
Title DIRECTOR 
Name of key/compensated person DICK STEWART 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Stewart, Jerry
Title DIRECTOR 
Name of key/compensated person JERRY STEWART 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Ungaro, Carlotta
Title DIRECTOR 
Name of key/compensated person CARLOTTA UNGARO 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Upshaw, Jane
Title TREASURER 
Name of key/compensated person DR JANE UPSHAW 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Zinn, Tom
Title DIRECTOR 
Name of key/compensated person TOM ZINN 
Position of compensated person
Current individual trustee or director True 
Average hours per week working for org 2.00 
Reportable compensation from org $0.00 
Other comp, non-reportable, from org and related orgs $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activities To attract business and investment to Beaufort County, South Carolina 
Program service expenses, total $543,915.00 
Programs, including revenue & expenses
BUSINESS PARK DEVELOPMENT-THE PARTNERSHIP PURCHASED 199 ACRES known as the BEAUFORT COMMERCE PARK for the purpose of reselling the land in parcels to businesses that the partnership has recruited to locate in beaufort.
Program expenses $312,639.00 
Program description BUSINESS PARK DEVELOPMENT-THE PARTNERSHIP PURCHASED 199 ACRES known as the BEAUFORT COMMERCE PARK for the purpose of reselling the land in parcels to businesses that the partnership has recruited to locate in beaufort. 
Market/Client Recruitment Project - Economic efforts that create, retain and attract industries that can increase the standard of living for people living within the jurisdiction of the Partnership.
Program expenses $231,276.00 
Program description Market/Client Recruitment Project - Economic efforts that create, retain and attract industries that can increase the standard of living for people living within the jurisdiction of the Partnership. 
Financial data
Revenue
Total revenue $669,995.00 
Revenue from contributions (total)$500,187.00$495,803.00$2,394,573.00
Investment income, current yr $482.00 
Total revenue from grants, etc., current yr $495,803.00 
Total unrelated business revenue $0.00 
Other revenue, current yr $173,710.00 
Net unrelated business taxable revenue $0.00 
Program service revenue (total)$0.00$0.00$0.00
Gross receipts $669,995.00 
Sources of contributions
Contributions revenue from membership dues $153,511.00 
Revenue from gov't grants $342,292.00 
Other types of revenue
Miscellaneous revenue (total) $173,710.00 
Income from dividends, interest, and similar investments $482.00 
Net rental income$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all $732,926.00 
Total functional expenses: program service  $543,915.00 
Total functional expenses: management and general $189,011.00 
Total functional expenses: fundraising $0.00 
Fees for services
Fundraising service fees (total) $0.00 
Assets and liabilities
Total assets$1,678,857.00$1,844,744.00$4,183,572.00
Total assets, beginning of year $4,183,572.00 
Total liabilities$2,553,439.00$2,602,703.00$2,768,600.00
Total liabilities, beginning of year $2,768,600.00 
Unrestricted net assets, end of yr -$889,218.00 
Temporarily restricted net assets $131,259.00 
Net assets -$757,959.00 
Net assets, beginning of year $1,414,972.00 
Other liabilities $0.00 
Other assets $1,642,309.00 
Cash: non-interest bearing $33,446.00 
Other financial variables
Revenue less expenses -$62,931.00 
Advertising (total) $4,448.00 
Savings & temp cash investment $154,922.00 
Accounts receivable, net $7,784.00 
Prepaid expenses & deferred charges $985.00 
Accounts payable & accrued expenses $48,869.00 
Deferred revenue $141,214.00 
Secured mortgages and notes payable $2,412,620.00 
Total net assets or fund balances -$757,959.00 
Depreciation, depletion, amortization $1,861.00 
Governance and accountability
Number of voting members 18 
Number of independent voting members 18 
Financial sheets audited True 
Accrual accounting True 
Tax year start date 2009-07-01 
Tax year end date2011-06-012010-06-012009-06-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF 990 
Date e-filing submitted 2011-05-26 
IRS schema version 2009v1.7 
Filing identifier 201111339349304001 
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