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Palmetto Economic Development Corp Dba South Carolina Power Team at a glanceAlso receives grants: funding profile →

· Public charity

Palmetto Economic Development Corp Dba South Carolina Power Team

Palmetto economic development corporation is the economic development alliance of the state's 19 electric cooperatives.

$55k
Granted FY2024still arriving
2
Grants FY2024still arriving
1
States reached
$25k
Largest
01What it fundsRead
02The needRead
03Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.

Community Improvement$229kEmployment$74kEnvironment$45kScience & Tech$14k
02FY2024 · 2 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 2 grants below total $43,000, the rows itemized in this filing. The $54,898 headline is the total grant expense on the return; the other $11,898 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.
$25,000
Median grant
1
States reached
$3.3M
Total assets
Largest grants
RecipientAmount
FLORENCE COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP$25,000
TRICO DEVELOPMENT LLC$18,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY19–24) land where the poverty rate runs at 17%, against an area that typically sits at 12%. 59% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 12%NATIONAL MACHINERY & FABRICATION INC: $11k → 8%CHILDRENSWEAR HOLDING CORP: $13k → 10%DORCHESTER COUNTY ECONOMIC DEVELOPMENT: $26k → 11%TRICO DEVELOPMENT LLC: $18k → 15%MARTIN PRINTING: $6k → 15%AECOM TECHNICAL SERVICES INC: $14k → 16%PALMETTO ELECTRIC COOPERATIVE: $24k → 17%NEWBERRY ELECTRIC COOPERATIVE: $25k → 17%FLORENCE COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP: $25k → 20%SANTEE ELECTRIC COOPERATIVE INC: $50k → 26%COUNTY OF MARION: $25k → 32%NATION FORD CHEMICAL: $25k → 8%FLAME SPRAY NORTH AMERICA INC: $20k → 10%YORK COUNTY GOVERNMENT: $25k → 8%YORK ELECTRIC COOPERATIVE INC: $10k → 8%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its field
04the grantee network

6 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 6 of the 16 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
6/6
Grantees still filing
6/6
Grew since first funded

Where the money sits, by cause and then by grantee

SANTEE ELECTRIC COOPERATIVE INC: $50,000 · OtherSANTEE ELECTRIC COOPERATIVE INCBROAD RIVER ELECTRIC COOPERATIVE INC: $45,000 · OtherBROAD RIVER ELECTRIC COOPERATIVE INCIndividual grant recipient: $25,000 · OtherIndividual grant recipientIndividual grant recipient: $25,000 · OtherIndividual grant recipientNEWBERRY ELECTRIC COOPERATIVE INC: $25,000 · OtherNEWBERRY ELECTRIC COOPERATIVE INCFLORENCE COUNTY: $25,000 · OtherFLORENCE COUNTYNATION FORD CHEMICAL: $25,000 · OtherNATION FORD CHEMICALPALMETTO ELECTRIC COOPERATIVE INC: $24,450 · OtherPALMETTO ELECTRIC COOPERATIVE INCFLAME SPRAY NORTH AMERICA INC: $20,000 · OtherFLAME SPRAY NORTH AMERICA INCTRICO DEVELOPMENT LLC: $18,000 · OtherTRICO DEVELOPMENT LLCAECOM TECHNICAL SERVICES INC: $14,000 · OtherCHILDRENSWEAR HOLDING CORP: $12,500 · Other+3 more: $26,650 · Other+3 moreDorchester Economic Development Corporation: $26,306 · Community Improvement
Other$335,600Community Improvement$26,306

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetSANTEE ELECTRIC COOPERATIVE INC: $50,000 over 1y, 0.0% of budgetBROAD RIVER ELECTRIC COOPERATIVE INC: $45,000 over 1y, 0.1% of budgetDorchester Economic Development Corporation: $26,306 over 1y, 5.4% of budgetNEWBERRY ELECTRIC COOPERATIVE INC: $25,000 over 1y, 0.1% of budgetPALMETTO ELECTRIC COOPERATIVE INC: $24,450 over 1y, 0.0% of budgetYORK ELECTRIC COOPERATIVE INC: $10,000 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds SANTEE ELECTRIC COOPERATIVE INC ↗
  • Who funds BROAD RIVER ELECTRIC COOPERATIVE INC ↗
  • Who funds Dorchester Economic Development Corporation ↗
  • Who funds NEWBERRY ELECTRIC COOPERATIVE INC ↗
  • Who funds PALMETTO ELECTRIC COOPERATIVE INC ↗
  • Who funds YORK ELECTRIC COOPERATIVE INC ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

Central Electric Powe…
Central Electric Power Cooperative IncSC15.8× affinity5 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Central Electric Power Cooperative Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Palmetto Economic Development Corp Dba South Carolina Power Team funds: left to right is the share of its income from government, bottom to top the share from Palmetto Economic Development Corp Dba South Carolina Power Team. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%3%6%10%funder's share of their income ↑0%1%3%4%5%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    0rely on government for over half their income
    ⤢ axis zoomed · 0–5%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 16 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Palmetto Economic Development Corp Dba South Carolina Power Team’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home