Public Charity

Dorchester Economic Development Corporation

Dorchester Economic Development Corporation is a nonprofit organization categorized as Public Charity based in Summerville, SC. Its most recent IRS filing (2025) reports revenue of $582K, expenses of $637K, total assets of $630K. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $82K.

EIN: 821136999 Summerville, SC Economic Development NTEE: S30 Latest filing: 2025
Total Revenue$582K
Total Expenses$637K
Total Assets$630K
Grant Records5
Funding Total$82K
Filing Years2021–2025

Mission

Dorchester County Economic Development's mission is to create an environment that supports new business growth and retention enabling companies to succeed for generations. In addition, we work to strengthen and prepare our community for the future. Through such efforts, we aim to provide our citizens with the opportunities to grow and prosper in Dorchester County.

Where $100 goes at Dorchester Economic Development Corporation

How Dorchester Economic Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$82 Programs the work itself
<$1 Management running the organization
$18 Fundraising raising the next dollar

Inside the $82 for programs

$82
To address the overall needs of dorchester county by creating jobs, implementing sustainable community and economic development, building industry retention and expanision, assisting the development of the dorchester…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
GENERAL SUPPORT
$13,000
2023
STEM IN THE CLASSROOM - EDUCATING TEACHERS ON BUSINESS NEEDS
$25,000
2023
CHARITABLE DONATION
$10,000
2023
NEIGHBORHOOD & COMMUNITY DEV.
$8,000

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

Secretary/Treasurer Brad Mallett
Chairman Dr Jim Martin
Ex-Officio Dr Shane Robbins
Councilman Edward Crosby
Member Lamont Stevens
Vice Chairman Lauren Bailey

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$31,000 3 grants
Education
$25,000 1 grant
Unspecified
$26,306 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $582K $637K $630K
2024 $485K $393K $680K
2023 $489K $320K $589K
2022 $303K $208K $460K
2021 $171K $162K $325K

Between 2021 and 2025, reported annual revenue grew from $171K to $582K (+241%), with total assets most recently reported at $630K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Dorchester Economic Development Corporation

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