Business Development Corporation
ECONOMIC DEVELOPMENT IN CLARENDON COUNTY
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.7M
+16.4% YoY
Revenue
$1.5M
+36.1% YoY
Net Investment Income
$28K
-195.9% YoY
Expenses
$948K
+79.9% YoY
About Business Development Corporation
Based on IRS filings
Business Development Corporation is a nonprofit organization, based in MANNING, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.7M in total assets. Net investment income was $28K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,684,451 | $8,320,762 | $7,875,750 |
| Revenue | $1,485,516 | $1,091,659 | $1,196,088 |
| Expenses | $947,511 | $526,677 | $1,264,758 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $27,963 | $-29,146 | $-18,149 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARRY HAM | DIRECTOR | 2 | — |
| LINZY WASHINGTON | DIRECTOR | 2 | — |
| MATTHEW PRINCE | DIRECTOR | 2 | — |
| GG CUTTER | DIRECTOR | 2 | — |
| BLAKE GIBBONS | DIRECTOR | 2 | — |
| ROGER FLOWERS | DIRECTOR | 2 | — |
| ROBERT BOYKIN | DIRECTOR | 2 | — |
| KEN WELLS | DIRECTOR | 2 | — |
| STEVE C GAMBLE | DIRECTOR | 2 | — |
| RACHEL GAINEY | CHAIR | 2 | — |
| LISA JUSTICE | DIRECTOR | 2 | — |
| GEORGE KOSINSKI | EXECUTIVE DIRECTOR | 10 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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