Mission
PALMETTO ECONOMIC DEVELOPMENT CORPORATION IS THE ECONOMIC DEVELOPMENT ALLIANCE OF THE STATE'S 19 ELECTRIC COOPERATIVES. TOGETHER THEY PROVIDE POWER TO MORE THAN 2 MILLION SOUTH CAROLINIANS.
Public Charity
PALMETTO ECONOMIC DEVELOPMENT CORP DBA SOUTH CAROLINA POWER TEAM
Based in COLUMBIA, SC, PALMETTO ECONOMIC DEVELOPMENT CORP DBA SOUTH CAROLINA POWER TEAM operates as a Public Charity. The organization reported $4.6M in revenue, $4.1M in expenses, $3.3M in total assets for fiscal year 2024. Imperigo tracks 14 reported grants from this foundation totaling approximately $312K.
EIN: 570873176
COLUMBIA, SC
Latest filing: 2024
Total Revenue$4.6M
Total Expenses$4.1M
Total Assets$3.3M
Grants Given14
Grant Total$312K
Filing Years2019–2024
Sample Grants Given
FLORENCE COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP
STRATEGIC PLANNING
$25,000
TRICO DEVELOPMENT LLC
SITE ADVANCEMENT
$18,000
STRATEGIC PLANNING
$26,306
STRATEGIC PLANNING
$25,000
NATION FORD CHEMICAL
RETRAINING INITIATIVE
$25,000
Showing up to 5 of 14 total records — full history available with membership.
Officers & Directors
SENIOR PROJECT MANAGER
Angelyn Smith
TRUSTEE
Archie B Davis Jr
TRUSTEE
Barbara F Weston
TRUSTEE
Brian W Broughton
VICE CHAIRMAN
Charles E Adair
SECRETARY
Daniel B Shelley Iii
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.6M | $4.1M | $3.3M |
| 2023 | $4.1M | $4.1M | $3.1M |
| 2022 | $3.8M | $3.7M | $3.1M |
| 2020 | $3.2M | $2.7M | $2.0M |
| 2019 | $3.5M | $3.2M | $1.9M |
Between 2019 and 2024, reported annual revenue grew from $3.5M to $4.6M (+32%), with total assets most recently reported at $3.3M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in SC.
SC
Full geographic grant map with state-by-state breakdown available with membership.