South Carolina Association for Community Economic Development

What it reported doing in 2025

Developing Organizations: We build the capacity of nonprofits, local branches of government, and other organizations through technical assistance, training, access to capital, and relationship connections. Programs: Community Development Institute (350 attended 11 trainings), more than 300 attended Opportunity SC 2025: A 30th Anniversary Celebration in Charleston, SC. Community Development InstituteThe Community Development Institute (CDI) offers professional organizations and their staff an opportunity to build skills, learn from peers, and connect to existing state, regional and national resources. (Continued on Schedule O)Structured training sessions are offered throughout the year and cover a broad range of topics pertaining to Community Economic Development and Nonprofit Management.2025 Trainings Included: Strategic Homeownership InitiativesLeveraging the Local Accommodation Tax for Affordable HousingElevating Our Voice: Nonprofit Voter Engagement Training & Mini-GrantNonprofit Management 101 Workshop SeriesThe Northside Initiative: Where Transformation BeginsBuilding a Local Home Repair Program2025 Community Impact Fund (CIF) Grant Overview WorkshopCommunity Gathering & Conversations with Malik YobaNonprofits Guide to Advocacy Amplify Your Voice: Community Advocacy WorkshopSCACED's 2025 Policy PrioritiesImpact: 350 Participants attended 11 training sessionsOpportunity SC: 2025SCACED's 25th annual conference and 30th Anniversary Celebration exposed attendees to integrated, innovative and sustainable solutions for low-wealth communities across our state and region. Impact: Over 350 attendeesBroadband Community Champion TrainingThe Broadband Community Champion Training Initiative addresses barriers and the lack of broadband access in rural communities. Workforce Development | Wednesday, September 11Featuring guest speakers Nina Staggers, SC Department of Workforce Development, and Dr. Leon Geter, Benedict CollegeSC local leaders have an opportunity with the unprecedented federal funding to close the digital divide. The Digital Equity Act Programs lift the voices of under-serve populations by providing workforce transformational services. Telehealth | Thursday, September 12Featuring guest speaker Davia Smith, Palmetto Care ConnectionsDigital health equity is becoming a frequent topic of discussion. However, before we can engage people in their health via technology, we must address the inequities surrounding technology access, use, and literacy. K-12 Digital Literacy | Friday, September 13Featuring guest speaker Dee Albritton, Fast ForwardWhy is digital equity important? Digital equity has been an issue in rural SC, due to lack of devices and access to Wi-Fi. Research on COVID-19 pandemic impact cite Black, Latinx and Indigenous students from low-wealth communities were the most impact. Impact:3 trainings were held131 Individuals received training16 Broadband Community Champion Counties received $153,319,567 in infrastructure funding

Financial Efficiency

• Mission deployment rate: 80.7%; rating input score 81
• Program expense ratio: 87%; rating input score 87
• Fundraising efficiency: $29.53 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 18th percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 77.5%; rating input score 78; 27th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 7.5%; rating input score 50; 50th percentile among comparable filings
• Total-asset coverage ratio: 0.97; rating input score 33; 33rd percentile among comparable filings
• Liabilities to assets ratio: 0.34; rating input score 24; 24th percentile among comparable filings
• Officer compensation ratio: 14.2%; rating input score 23; 23rd percentile among comparable filings

Growth

• Program expense growth: 14.4% per year; rating input score 100; 74th percentile among comparable filings
• Revenue growth: 10.8% per year; rating input score 100; 68th percentile among comparable filings
• Asset growth: 8.2% per year; rating input score 100; 50th percentile among comparable filings