INVESTSC INC
1201 MAIN STREET NO 1600, COLUMBIA, SC 29201

Total Revenue
$8,412,533
Total Expenses
$3,402,047
Net Assets
$-6,760,761

Organizations Filed Purposes: INVESTSC IS COMMITTED TO PROMOTING ECONOMIC DEVELOPMENT WITHIN THE STATE OF SC BY PROVIDING AN INVALUABLE RESOURCE FOR CAPITAL TO COMPANIES LOOKING TO LOCATE OR EXPAND WITHIN THE STATE.

PROMOTING ECONOMIC DEVELOPMENT WITHIN SOUTH CAROLINA

INVESTSC WAS FORMED IN 2007 BY THE SC JOBS AND ECONOMIC DEVELOPMENT AUTHORITY TO OPERATE A VENTURE CAPITAL INVESTMENT PROGRAM WHICH THE STATE OF SC CONSIDERED TO BE ITS BURDEN. IN ACCORDANCE WITH IRC REG 1.501(C)(3)-1(D)(2), INVESTSC LESSENS THIS BURDEN BY PROVIDING THE SEED CAPITAL FOR ENTERPRISES IN SC SO AS TO HELP STRENGTHEN THE STATE'S ECONOMIC BASE AND TO SUPPORT THE ECONOMIC DEVELOPMENT GOALS OF SC.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Harry HuntleyEXECUTIVE DIRECTOR10$40,000
Michael NixCHAIRMAN1$0
Michael BrenanBOARD MEMBER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003219349303055_public.xml