Overview

Sign up for

Est.

2014

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Dorchester Economic Development Corporation (EIN: 82-1136999) is dedicated to fostering economic growth by creating an environment that supports new business development and retention, enabling companies to thrive for generations. With an operating budget of $392.7K and total revenue of $484.9K in 2024, the organization is significantly funded, though it does not rely on any single funder for more than 50% of its revenue. More information can be found on their website at www.dorchesterforbusiness.com.

Mission Statement

TO CREATE AN ENVIRONMENT THAT SUPPORTS NEW BUSINESS GROWTH AND RETENTIONS ENABLING COMPANIES TO SUCCEED FOR GENERATIONS.
Revenues
$484.9K
Expenses
$392.7K
Net Income:
+$92.2K
Assets
$679.5K
Liabilities
$2.3K
Net Assets:
+$677.3K
Operating Budget
$392.7K
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
3
Median grant size
$10K
Largest grant received
$25K
L
Lauren Bailey
Board Member
K
Kevin Hart
Board Member
B
Brad Mallett
Board Member

Frequently Asked Questions

What is DORCHESTER ECONOMIC DEVELOPMENT CORPORAT’s budget?
In 2024, DORCHESTER ECONOMIC DEVELOPMENT CORPORAT reported an annual operating budget of around $393 thousand. More detailed financial information is available to registered users.
What causes does DORCHESTER ECONOMIC DEVELOPMENT CORPORAT support?
DORCHESTER ECONOMIC DEVELOPMENT CORPORAT supports work in Economic development.
Where does DORCHESTER ECONOMIC DEVELOPMENT CORPORAT operate?
DORCHESTER ECONOMIC DEVELOPMENT CORPORAT is headquartered in Summerville, SC.
Who funded DORCHESTER ECONOMIC DEVELOPMENT CORPORAT recently?
In 2025, DORCHESTER ECONOMIC DEVELOPMENT CORPORAT received grants from M B KAHN FOUNDATION INC, SOUTH CAROLINA STUDENT LOAN CORP, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant DORCHESTER ECONOMIC DEVELOPMENT CORPORAT received in 2024?
The largest grant to DORCHESTER ECONOMIC DEVELOPMENT CORPORAT in 2024 exceeds $25 thousand.