Mission
ENHANCEMENT AND PROMOTION OF ECONOMIC DEVELOPMENT, WORKFORCE DEVELOPMENT, MARKETING AND COMMUNICATIONS, AND TRANSPORTATION EFFORTS IN SUMTER COUNTY, GEORGIA
Public Charity
ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC
ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC is a Public Charity headquartered in AMERICUS, GA. Financial data from the 2024 filing: $6.2M revenue, $6.5M expenses, $555K total assets. 7 publicly reported grants to this organization, totaling roughly $142K, appear in IRS filings.
EIN: 471453325
AMERICUS, GA
Economic Development
NTEE: S30
Latest filing: 2024
Total Revenue$6.2M
Total Expenses$6.5M
Total Assets$555K
Grant Records7
Funding Total$142K
Filing Years2019–2024
Where $100 goes at One Sumter Economic Development Foundation Inc
How One Sumter Economic Development Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$14
Programs
the work itself
$86
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $14 for programs
$7
Workforce development
$5
Economic development
$1
Leadership development and regional sustainability
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$26,000
GENERAL SUPPORT
$23,792
COLLEGE/CAREER ACDMY
$10,000
COLLEGE/CAREER ACDMY
$15,000
For grant recipient's exempt purposes
$10,000
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
CHAIRMAN
Alex Saratsiotis
TREASURER
Bill Harris Jr
BOARD MEMBER
Dr Alex Riccardi
BOARD MEMBER
Katherine Council
VICE CHAIR
Lewis Webb
SECRETARY
Mary Beth Brownlee
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $6.2M | $6.5M | $555K |
| 2023 | $7.6M | $8.1M | $757K |
| 2022 | $1.1M | $341K | $1.2M |
| 2020 | $337K | $355K | $1.4M |
| 2019 | $463K | $333K | $1.5M |
Between 2019 and 2024, reported annual revenue grew from $463K to $6.2M (+1242%), with total assets most recently reported at $555K.
Interactive year-over-year charts and full filing details available with membership.