Colleton Development Corporation Inc. Logo

MIP Score

52

Community Building
Community Advocacy

Colleton Development Corporation Inc.

Mission

The Colleton County Economic Alliance is dedicated to fostering economic development in the Colleton County area by attracting new businesses and supporting existing industries. Our focus is on enhancing the quality of life for residents by promoting job growth, increasing income levels, and providing resources for workforce training and industrial site development.

Basic Information

Tax-Exempt

Address

403 E Washington St, Ste B, Walterboro, South Carolina, 29488

View all Walterboro charities

Founded in

1997

EIN

57-0662516

Total Assets

$119.4 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Lowcountry Oyster Company Expansion

Lowcountry Oyster Company Expansion

The Lowcountry Oyster Company is expanding its operations with a new facility that is expected to create 30 new jobs.

New Manufacturing Investments

New Manufacturing Investments

Kontrolmatik Technologies is establishing operations in Colleton County, creating approximately 575 new jobs.

Essential Workforce Development

Essential Workforce Development

Colleton County provides skilled workforce training through the nationally recognized WorkKeys certification program.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

52

44

/100

Program Expense Ratio

78.76%

12

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0.007831

20

/20

Working Capital Ratio

0.5845

8

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2021

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants132.2K99.96%
Program Services00.00%
Investment Income570.04%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue132.2K100.00%