TY 2024 Form 990

F Name and address of principal officer:
DAVID GINN
65 FAIRCHILD STREET STE 100
CHARLESTON,SC29492

I

Tax-exempt status: 501(c)(3) 501(c) ( 6 ) (insert no.) 4947(a)(1) or 527

J

Website:

WWW.CRDA.ORG

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number

Part I

Summary

Part II

Signature Block

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name

Firm's EIN

Firm's address

Phone no.

Form 990 (2024)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Form 990 (2024)

Page 3

Part IV

Checklist of Required Schedules

Form 990 (2024)

Page 4

Part IV

Checklist of Required Schedules (continued)

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Form 990 (2024)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Form 990 (2024)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Section C. Disclosure

Form 990 (2024)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) DEEPAL ELIATAMBY...................................................................... DIRECTOR	0.25 .................	X	0	0	0
(2) CHRIS NONNEMAN...................................................................... DIRECTOR	0.25 .................	X	0	0	0
(3) JAMES BYRD...................................................................... DIRECTOR	0.25 .................	X	0	0	0
(4) J ASHLEY COOPER...................................................................... DIRECTOR	0.25 .................	X	0	0	0
(5) TOM FEENEY...................................................................... DIRECTOR	0.25 .................	X	0	0	0
(6) CASEY LAVIN...................................................................... DIRECTOR	0.25 .................	X	0	0	0
(7) JOHNNY CRIBB...................................................................... DIRECTOR - COUNTY APPOINTEE	0.25 .................	X	0	0	0
(8) PHILLIP OBIE II...................................................................... DIRECTOR - COUNTY APPOINTEE	0.25 .................	X	0	0	0
(9) COREY MCCLAREY...................................................................... DIRECTOR - COUNTY APPOINTEE	0.25 .................	X	0	0	0
(10) TONY VINCENT...................................................................... DIRECTOR	0.25 .................	X	0	0	0
(11) CASSIE CHERICHELLO...................................................................... DIRECTOR	0.25 .................	X	0	0	0
(12) ERIN FISHER...................................................................... DIRECTOR	0.25 .................	X	0	0	0
(13) PETER FENNELLY...................................................................... DIRECTOR	0.25 .................	X	0	0	0
(14) JAKE FREDERICK...................................................................... DIRECTOR	0.25 .................	X	0	0	0
(15) LAURA EVANS...................................................................... DIRECTOR - COMPLIANCE OFFICER	0.25 .................	X	0	0	0
(16) CODY BAKER...................................................................... DIRECTOR	0.25 .................	X	0	0	0
(17) MICHAEL SCARAFILE...................................................................... DIRECTOR	0.25 .................	X	0	0	0

Form 990 (2024)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)					(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) NIALL POWER........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(19) ADRIAN CAIN........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(20) BRANTLEY MOODY........................................................................ DIRECTOR - COUNTY APPOINTEE	0.25 .......................	X					0	0	0
(21) KYLON MIDDLETON........................................................................ DIRECTOR - COUNTY APPOINTEE	0.25 .......................	X					0	0	0
(22) ROBERT WEHRMAN........................................................................ DIRECTOR - COUNTY APPOINTEE	0.25 .......................	X					0	0	0
(23) KEVIN SHEILLEY........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(24) DAVE ECHOLS........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(25) DAVID BAGGS........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(26) JONATHAN STEINBERG........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(27) RYAN CASTLE........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(28) J WESLEY ROPP........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(29) PETER LAMOTTE........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(30) TIM HEICHELBECH........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(31) WILLIAM COGSWELL........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(32) GREGORY HABIB........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(33) REGINALD BURGESS........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(34) PAUL PATRICK........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(35) MARKUS KASTENHOLZ........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(36) MARION BULL........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(37) CHRISTOPHER IBSEN........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(38) DANNY KASSIS........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(39) EDDIE CROSBY........................................................................ DIRECTOR - COUNTY APPOINTEE	0.25 .......................	X					0	0	0
(40) JAY BYARS........................................................................ DIRECTOR - COUNTY APPOINTEE	0.25 .......................	X					0	0	0
(41) DAVID CHINNIS........................................................................ DIRECTOR - COUNTY APPOINTEE	0.25 .......................	X					0	0	0
(42) LUIZ YAMASHITA........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(43) SCOTT SWARTZWELTER........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(44) BERGIN FISNIKU........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(45) BEN BRACKETT........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(46) HELEN HILL........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(47) SCOTT FENNELL........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(48) WILL SEEL........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(49) JASON HESSBERG........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(50) WALKER AVANT........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(51) REEVES SKEEN........................................................................ DIRECTOR - ENGAGEMENT COMMITTEE CHAIR	0.25 .......................	X					0	0	0
(52) JENNIFER MURRAY........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(53) LEN HUTCHISON........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(54) JEREMY BETSILL........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(55) JIM POSDA........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(56) LILYN HESTER........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(57) RITA BERRY........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(58) JEREMY COOK........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(59) CLARK DAVIS........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(60) CHIP CRANE........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(61) JOSH VANSCOY........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(62) WILL HELMLY........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(63) MICKEY RENNER........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(64) SHAUN MALIN........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(65) JOHN KNIGHT........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(66) BRANDON MYERS........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(67) J WALKER COLEMAN IV........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(68) DAN WHALEN........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(69) RICK MIXSON........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(70) BOB FEI........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(71) DON BAUS........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(72) GEORGE TEMPLE IV........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(73) TUSHAR CHIKHLIKER........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(74) CHARLES JORDAN JR........................................................................ DIRECTOR - LEADERSHIP DEVELOPMENT COMMITTEE CHAIR	0.25 .......................	X					0	0	0
(75) MIKE BRYAN........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(76) BRENT GIBADLO........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(77) DAVID HAND........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(78) ANDREAS NIEDERMEIER........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(79) ELIZABETH GIBBES........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(80) MARY GARCIA........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(81) KAYLA TRUJILLO........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(82) ROBERT PRATT........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(83) JASON LEE........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(84) STANLEY RYFA........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(85) CARMEN THOMAS........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(86) PHILLIP PADGETT........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(87) JAMES CHAVEZ........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(88) WILLIAM O'NEAL........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(89) KATIE HINSON LEWIS........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(90) BOB QUINN........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(91) TODD HALLORAN........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(92) KEVIN LEE........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(93) THOMAS ANDERSON........................................................................ DIRECTOR - CHAIRMAN APPOINTEE	0.25 .......................	X					0	0	0
(94) TONY POPE........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(95) DEREK MATHIS........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(96) REID BOEHM........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(97) SCOTT SHARP........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(98) WILL SALTERS........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(99) DAN DOYLE........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(100) JONATHAN HOFFMAN........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(101) AMIE GRIMES........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(102) JAYSON NORMAN........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(103) CHRIS MAGALDI........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(104) AMY CAPLETTE........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(105) WILL HAYNIE........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(106) RUSS TOUCHBERRY........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(107) TIM KENNEDY........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(108) MARSHALL CONNOR........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(109) MATT ROTH........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(110) D SHANNON STEPHENS........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(111) MELVIN CLINE........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(112) DAVID STENSTROM........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(113) LAVONNE ROSENBERG........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(114) JEFF SPICER........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(115) MORRIS ELLISON........................................................................ DIRECTOR	0.25 .......................	X					0	0	0
(116) ALAN TOWNSEND........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(117) MARK HALL........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(118) BARRY WHALEN........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(119) DARRYL STRUNK........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(120) GRAYDON MCNAIR........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(121) ANDREW ROBERSON........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(122) TOM MCKENNA........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(123) PAT KIERNAN........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(124) JARID COTTRELL........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(125) PAIGE CARLTON........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(126) LAURA EVANS........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(127) JESSICA PAUL........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(128) JEFF TRENNING........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(129) MARY DEAN HALL........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(130) MIKE CARTER........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(131) JIM GARRETT........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(132) BRYAN DERREBERRY........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(133) PAMELA WILLIAMS........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(134) JOSHUA S WHITLEY........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(135) JENNY HONEYCUTT........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(136) HERB SASS........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(137) STEPHANIE YARBROUGH........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(138) HARRY LESESNE........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(139) TODD FRIDDLE........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(140) MICHAEL E BAKER........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(141) WADE ALLEN........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(142) RYAN BENTON........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(143) MARKUS GROEGER........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(144) BRYAN STEFANI........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(145) ALYSSA RICHARDSON........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(146) WIL RILEY........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(147) TIM GROW........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(148) DONNIE FETNER........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(149) EMILY HEFLIN........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(150) NAT BANKS........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(151) RUDY THOMAS........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(152) STUART WHITESIDE........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(153) BOBBY CREECH........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(154) MARK CLINE........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(155) SAMUEL SCHWARZER........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(156) JOSH SORKIN........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(157) HEIDI FINNIFF........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(158) BRAD CANADAY........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(159) JULIETTE BOGUS........................................................................ DIRECTOR (TERM ENDED)	0.25 .......................	X					0	0	0
(160) DAVID GINN........................................................................ PRESIDENT AND CEO	40.00 .......................		X				395,762	0	38,093
(161) JASON GERARD BROWN........................................................................ VP INVESTOR RELATIONS	40.00 .......................			X			167,564	0	22,366
(162) JACQUELYN RENEGAR........................................................................ SENIOR DIRECTOR	40.00 .......................				X		146,914	0	21,889
(163) MICHAEL J GRANEY........................................................................ VP GLOBAL BUSINESS DEVELOPMENT	40.00 .......................					X	220,456	0	24,907
(164) KAREN H KUCHENBECKER........................................................................ VP OPERATIONS	40.00 .......................					X	240,445	0	29,539
(165) CHRIS FRASER........................................................................ DIRECTOR - CHAIR	0.25 .......................	X	X				0	0	0
(166) MICA DOLAN........................................................................ DIRECTOR - CHAIRMAN APPOINTEE	0.25 .......................	X	X				0	0	0
(167) WILLIAM RUSSELL III........................................................................ BOARD CHAIR (PARTIAL TERM)	0.25 .......................	X	X				0	0	0
(168) JONATHAN DAWLEY........................................................................ BOARD CHAIR (PARTIAL TERM)	0.25 .......................	X	X				0	0	0
(169) DAVID HAMILTON........................................................................ TREASURER/SECRETARY	0.25 .......................	X	X				0	0	0

Section B. Independent Contractors

1

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
ERNST & YOUNG US LLP PO BOX 933514 ATLANTA,GA31193	PROFESSIONAL SERVICES	197,067
BLACKBAUD INC 65 FAIRCHILD STREET CHARLESTON,SC29492	RENT	147,000
MAZYCK HOLDINGS PO BOX 21050 CHARLESTON,SC29413	RENT	144,026
SLICK ROCK CONSULTING LLC 69 GORDON STREET CHARLESTON,SC29403	CONSULTING SERVICES	105,019

2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 4

Form 990 (2024)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

Form 990 (2024)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Form 990 (2024)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

Form 990 (2024)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Form 990 (2024)

1	Briefly describe the organization’s mission or most significant activities: THE CHARLESTON REGIONAL DEVELOPMENT ALLIANCE (CRDA) WAS INCORPORATED ON FEBRUARY 8, 1995 AS A PUBLIC AND PRIVATE NOT-FOR-PROFIT ECONOMIC DEVELOPMENT ORGANIZATION SUPPORTED AND LED BY THE REGION'S MOST INFLUENTIAL BUSINESS LEADERS, THREE COUNTY GOVERNMENTS, LARGEST MUNICIPALITIES, AND TOP ACADEMIC INSTITUTIONS.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	120
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	120
5	Total number of individuals employed in calendar year 2024 (Part V, line 2a) ......	5	16
6	Total number of volunteers (estimate if necessary) .............	6	120
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	4,119,480	4,155,970
9	Program service revenue (Part VIII, line 2g) .........	0	0
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	-119,931	70,856
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	61,617	75,099
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	4,061,166	4,301,925
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	2,405,324	2,229,271
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 35,521
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	1,852,821	2,135,361
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	4,258,145	4,364,632
19	Revenue less expenses. Subtract line 18 from line 12.......	-196,979	-62,707
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	3,766,841	3,578,192
21	Total liabilities (Part X, line 26).............	1,502,039	1,317,897
22	Net assets or fund balances. Subtract line 21 from line 20.....	2,264,802	2,260,295

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 3,927,278 including grants of $ ) (Revenue $ )
	CRDA IS AN ALLIANCE OF BUSINESS, GOVERNMENT AND HIGHER EDUCATION WORKING TOGETHER TO DRIVE A STRONG, SUSTAINABLE ECONOMY IN THE CHARLESTON REGION. OUR EFFORTS INCLUDE A COMPREHENSIVE MARKETING AND BUSINESS DEVELOPMENT PROGRAM DESIGNED TO ATTRACT THE WORLD'S BEST COMPANIES, TALENT AND ENTREPRENEURS TO THE GREATER CHARLESTON AREA. WE ALSO FACILITATE THE SITE SELECTION PROCESS FOR COMPANIES CONSIDRING OUR MARKET FOR COMPETITIVE EXPANION OR LOCATION INVESTMENTS. DURING FY24-25, CRDA CONTINUED OUR GLOABLLY FOCUSED BUSINESS DEVELOPMENT WORK IN PARTNERSHIP WITH THE SC DEPARTMENT OF COMMERCE AND OTHER KEY ECONOMIC DEVELOPMENT PARTNERS BY THE REGION'S MOST INFLUENTIAL BUSINESS LEADERS, THREE COUNTY GOVERNMENTS, LARGEST MUNICIPALIES, AND TOP ACADEMIC INSTITUTIONS. OF THE COMPANIES CONSIDERING OUR REGION FOR COMPETITIVE INVESTMENTS, FIVE MADE FORMAL COMMITMENTS FOR THE CHARLESTON REGION, INCLUDING FOUR WITH AN INNOVATION-RELATED FOCUS. THESE PROJECTS WILL GENERATE $210 MILLION ANNUAL ECONOMIC IMPACT FOR THE REGION AND GENERATE OVER 534 JOBS WITH WAGES THAT EXCEED THE REGION'S MEDIAN SALARIES. IN ADDITION TO THESE PROJECT WINS, CRDA STAFF ASSISTS OUR MUNICIPAL AND INVESTOR PARTNERS WITH THEIR BUSINESS DEVELOPMENT GOALS THROUGH THE COMPLETION OF 340 RESEARCH PROJECTS THIS FISCAL YEAR. COLLECTIVELY, THIS FOCUS HAS PROPELLED CHARLESTON INTO A RANKING OF THE 34TH MOST INNOVATOR METRO AREA IN THE UNITED STATES. TO HELP CATALYZE CHARLESTON'S NEXT WAVE OF ECONOMIC DEVELOPMENT, CRDA WORKED WITH NUMEROUS STAKEHOLDERS TO CREATE A 5 YEAR ECONOMIC DEVELOPMENT STRATEGY PRIORITIZING INNOVATION FOR OUR REGION. OTHER KEY ACCOMPLISHMENTS INCLUDING BEING A CATALYST FOR EMPLOYMENT IN THE REGION (FOR BOTH EXTERNAL AND IN-MARKET) CANDIDATES THROUGH SUCH TOOLS AS OUR GETRO JOB PLATFORM, WHICH RANKS IN THE TOP 15% OF ALL USER PLATFORMS NATIONWIDE AND FUNNELED OVER 5,700 QUALIFED CANDIDATES TO REGIONAL COMPANIES. WE HAVE ALSO CONTINUED TO SPONSOR AND PROGRAM THE CHARLESTON INTERN NETWORK SERIES TO RETAIN AND ATTRACT TOP TALENT IN THE REGION. IN LINE WITH OUR INNOVATION FOCUS, STAFF COMPLETED AND PUBLISHED A REIGONAL INNOVATION SCORECARD, WHICH COMPARES OUR REGION AGAINST 5 KEY MARKETS ALONG MULTIPLE DATA POINTS.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses3,927,278

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	1,171,141	0	136,794

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e	1,899,470

f	All other contributions, gifts, grants, and similar amounts not included above		1f	2,256,500

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		4,155,970

		Business Code
2a
b
c
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....

3 Investment income (including dividends, interest, and othersimilar amounts) ......			69,231	69,231
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c
d	Net rental income or (loss).......
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a	1,594,000
b	Less: cost or other basis and sales expenses	7b	1,592,375
c	Gain or (loss)	7c	1,625
d	Net gain or (loss).........			1,625	1,625
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a	58,396
b	Less: direct expenses ...		8b	52,087
c	Net income or (loss) from fundraising events..			6,309			6,309
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..

Business Code
11a	OTHER		900099	36,790	36,790
b	FEES - THE CATALYST FOUNDATION		900099	32,000	32,000
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			68,790
12	Total revenue. See instructions.....			4,301,925	139,646	0	6,309

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	1,307,935	1,111,744	170,032	26,159
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	544,062	469,069	65,631	9,362
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......	238,681	213,739	24,942
10	Payroll taxes ...........	138,593	124,110	14,483
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	313,901	274,663	39,238
12	Advertising and promotion ....	226,793	226,793
13	Office expenses .......	3,541	3,098	443
14	Information technology ......	54,152	47,383	6,769
15	Royalties ..
16	Occupancy ...........	237,865	202,132	35,733
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	533,855	533,855
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	22,777	19,930	2,847
23	Insurance ...	9,922	8,682	1,240
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	PUBLIC RELATIONS, MEDIA	610,288	610,288
b	CREDIT LOSSES	37,500		37,500
c	THE CATALYST FOUNDATION	32,000	32,000
d	MEMBERSHIPS AND SPONSOR	30,149	30,149
e	All other expenses	22,618	19,643	2,975
25	Total functional expenses. Add lines 1 through 24e	4,364,632	3,927,278	401,833	35,521
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			445,457	1	1,334,712
2	Savings and temporary cash investments .........			1,844,535	2	1,000,722
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			55,369	4	82,667
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			67,725	9	30,559
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	115,793
b	Less: accumulated depreciation	10b	28,439	106,767	10c	87,354
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			1,246,988	15	1,042,178
16	Total assets. Add lines 1 through 15 (must equal line 33)...			3,766,841	16	3,578,192

17	Accounts payable and accrued expenses .....	310,051	17	330,719
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	1,191,988	25	987,178
26	Total liabilities. Add lines 17 through 25..	1,502,039	26	1,317,897

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	1,592,182	27	1,661,727
28	Net assets with donor restrictions ...........	672,620	28	598,568
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	2,264,802	32	2,260,295
33	Total liabilities and net assets/fund balances ........	3,766,841	33	3,578,192

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Software ID:
Software Version:

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

(a) Description				(b) Book value
(1)RIGHT-TO-USE OPERATING LEASE ASSET				987,178
(2)DEPOSITS				55,000
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				1,042,178

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
OPERATING LEASE LIABILITY	987,178








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	987,178
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

1a	Land .....
b	Buildings ....
c	Leasehold improvements
d	Equipment ....	115,793	28,439	87,354
e	Other .....
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				87,354

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......		1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d .....................		2e
3	Subtract line 2e from line 1..................		3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................		4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......		5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................		2e
3	Subtract line 2e from line 1...................		3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.....................		4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1DAVID GINN PRESIDENT AND CEO	(i) (ii)	319,175 ------------- 0	76,587 ------------- 0	0 ------------- 0	26,031 ------------- 0	12,062 ------------- 0	433,855 ------------- 0	0 ------------- 0
2JASON GERARD BROWN VP INVESTOR RELATIONS	(i) (ii)	152,266 ------------- 0	15,298 ------------- 0	0 ------------- 0	13,046 ------------- 0	9,320 ------------- 0	189,930 ------------- 0	0 ------------- 0
3MICHAEL J GRANEY VP GLOBAL BUSINESS DEVELOPMENT	(i) (ii)	180,596 ------------- 0	39,860 ------------- 0	0 ------------- 0	16,261 ------------- 0	8,646 ------------- 0	245,363 ------------- 0	0 ------------- 0
4KAREN H KUCHENBECKER VP OPERATIONS	(i) (ii)	210,530 ------------- 0	29,915 ------------- 0	0 ------------- 0	19,153 ------------- 0	10,386 ------------- 0	269,984 ------------- 0	0 ------------- 0

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11B	MANAGEMENT AND THE FINANCE COMMITTEE REVIEW THE FORM 990. UPON COMPLETION, THEY PROVIDE A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS FOR APPROVAL. UPON APPROVAL, THE PRESIDENT SIGNS THE FORM 990 AND FILES THE RETURN.
FORM 990, PART VI, SECTION B, LINE 12C	MONITORING IS DONE ON AN ONGOING BASIS AND OPEN DISCUSSIONS OF POTENTIAL MATTERS ARE DISCUSSED AND ADDRESSED AS NEEDED
FORM 990, PART VI, SECTION B, LINE 15	THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS PERIODICALLY CONDUCTS EVALUATIONS OF COMPETITIVE COMPENSATION FOR ITS EMPLOYEES. THE COMPENSATION COMMITTEE ANNUALLY REVIEWS AND APPROVES THE PRESIDENT'S SALARY. THE COMMITTEE PROVIDES GUIDELINES ON STAFF COMPENSATION AND LINKS THEM TO PERFORMANCE AND OUTCOMES.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS ARE MADE AVAILABLE FOR PUBLIC INSPECTION AT THE COMPANY'S CORPORATE OFFICES.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)THE CATLYST FOUNDATION 65 FAIRCHILD STREET CHARLESTON,SC29492 85-3869699	ECO DELVP	SC	501(C)(3)	LINE 7	CRDA		No

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) THE CATALYST FOUNDATION	L	8,000	FMV
(2) THE CATALYST FOUNDATION	N	24,000	FMV

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership