2020-11-16T15:52:41-06:00 2019-12-31 570145000 THE SPRINGS COMPANY PO Box 1449 Fort Mill SC 29716 990 2019-01-01 570344121 Leroy Springs & Company Inc LERO 8035471000 PO Box 1209 Fort Mill SC 29716 Deborah L Kiggans CFO 8034164598 2020-11-16 1 Suzanne M Harnois P01230042 8035485056 2019 2022-09-23 18:48:47Z Timothy Patterson PO Box 1209 Fort Mill SC 29716 27322299 0 X www.leroysprings.com X 1938 SC The organization, effectively lessening the burdens of government, provides and operates facilities and open space in order to promote the physical and mental health and wellness of the community and foster positive community values. Its high quality, affordable programs provide opportunities for all to enjoy recreational, educational, and community activities, while preserving and interpreting local history and encouraging environmental stewardship. Though we expect our programs to most benefit the inhabitants of Fort Mill Township and Lancaster and Chester counties, we welcome all to enjoy our facilities and programs. 8 7 547 1000 0 0 512693 14032440 10522290 11009051 660665 931671 408367 618375 12104015 26591537 0 0 0 0 7230593 7356485 0 0 453992 6248165 6521397 13478758 13877882 -1374743 12713655 78382919 94548704 5482895 4809594 72900024 89739110 X The Corporation, effectively lessening the burdens of government, provides and operates facilities and open space in order to promote the physical and mental health and wellness of the community and foster positive community values. Its high quality,affordable programs provide opportunities for all to enjoy recreational, educational, and community activities, while preserving and interpreting local history and encouraging environmental stewardship. Though we expect our programs to most benefit the inhabitants of Fort Mill Township and Lancaster and Chester counties, we welcome all to enjoy our facilities and programs. 0 0 11907296 11933581 Leroy Springs & Company, Inc. was incorporated on November 23, 1938, under the laws of the state of South Carolina as an eleemosynary corporation. The Corporation, effectively lessening the burdens of government, provides and operates facilities and open space in order to promote the physical and mental health and wellness of the community and foster positive community values. Its high quality,affordable programs provide opportunities for all to enjoy recreational, educational, and community activities, while preserving and interpreting local history and encouraging environmental stewardship. Though we expect our programs to mostly benefit the inhabitants of Fort Mill Township and Lancaster and Chester counties, we welcome all to enjoy our facilities and programs.Summary of Participation in Activities=============================================================Ann Springs Close GreenwayAttendance 265,578 (includes hiking, trail running, mountain biking, equestrian activities, dog walking, kayaking, fishing, camping, picnics, community events, education and recreation programs, camps, and facility rental participation)Anne Springs Close GreenwayAdventure Summer Camps 1,358Little Critter Camps 285Equestrian Summer Camps 169Outdoor Summer Camps 77FLYERS Summer camps 3,128EducationField Trips 4,233Community Programs 679Other 11,088FLYERS Afterschool program 720 Average Per WeekAfterschool on the Greenway 80 Average Per WeekPreschool on the Greenway 16 Average Per WeekEarth Day 2,800Summer Concert Series 10,723Fall Frolic Festival 3,792Blue Star Blitz 500Winter Wonderland Craft Fair 3,200 Springmaid Trail Race 400Tree Shaker Mountain Bike Challenge 100Kayak Rentals 1,000Kayak Programs 150Kids Night Out 500Get to Know the Greenway Tour 182Yoga 850Goat Yoga 127Guided Hikes 500Hiking Club 950Backyard Campout 147Mountain Bike Clinics 22Fishing Clinics 29 Other recreation classes and programs 186Community Garden Growing Plots 57EquestrianTrail rides 486 Private & Semi-private lessons 3,258Group Riding Lessons 141Adopt-A-Horse 24 average per monthHorse Boarding 70 average per monthHorse Show (Fall) 2002019 Golf RoundsFort Mill Golf Club 47,607Springfield Golf Club 40,229Lancaster Golf Club 25,490Chester Golf Club 28,722 11907296 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 31 1 1 547 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 1 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X X Debbie Kiggans 8035471004 2201 Old Nation Road Fort Mill SC 29715 Crandall C Bowles Director 0.10 X 0 0 0 Anne S Close Director, Chairman Emeritu 0.10 X X 0 0 0 Elliott S Close Director, Chairman of the 0.10 X X 0 0 0 William G Taylor Treasurer 0.10 X X 0 0 0 Timothy W Patterson President & CEO 40.00 X X 260031 0 30742 HW Close Director 0.10 X 0 0 0 W Dehler Hart Director 0.10 X 0 0 0 Andy Kane Director 0.10 X 0 0 0 Darrell E Williams Director 0.10 X 0 0 0 R Alexander Sullivan Secretary 0.10 X 0 0 0 Deborah L Kiggans CFO 40.00 X 130186 0 20085 John Gordon Executive Director, Greenw 40.00 X 120317 0 16975 Cheryl P Gall Vice President, Human Resource 40.00 X 104435 0 15238 D Peyton Worley Vice President 0.10 X 0 0 0 614969 0 83040 4 0 1 0 Myers and Chapman Inc 1101 Wood Ridge Center Dr 160 Charlotte NC 28217 Construction 739239 Matthews Construction Co 210 First Avenue South Conover NC 28613 Construction 195679 Alfred Williams & Co 505 S Cedar St Charlotte NC 28202 Construction 116328 Blackbaud 65 Fairchild Street Charleston SC 29492 Software 106307 North American Lawn & Landscape 4200 Performance Road Charlotte NC 28214 Landscaping 104284 5 44721 13987719 10479098 14032440 Recreation Fees 713990 11009051 11009051 11009051 380711 380711 219057 411503 0 79600 219057 331903 550960 331903 219057 104773 44721 79025 25748 25748 1164764 572137 592627 592627 26591537 11933581 0 625516 390217 390217 5694543 5247154 274932 172457 212573 140471 71352 750 602113 497364 89432 15317 457039 384304 60493 12242 22754 13680 9074 87109 87109 47390 22209 25181 128841 109684 2827 16330 435340 404033 29977 1330 167516 128222 30700 8594 445503 432452 10484 2567 30277 20906 6962 2409 188877 129083 59794 1542107 1442786 99321 493245 397079 91827 4339 Equipment Rental & Main 1474585 1430697 33334 10554 Special Activities 862714 668500 194214 Miscellaneous 351973 316767 32364 2842 Administrative Services 98833 35833 63000 144333 86072 48214 10047 13877882 11907296 1516594 453992 4077017 718429 2312181 2452122 186822 2318367 154654 180742 218498 255710 78135999 16480683 49431778 61655316 19296 8254 21982673 26959764 78382919 94548704 1121055 833928 1310000 1233455 3051840 2742211 5482895 4809594 X 55272748 74423910 17627276 15315200 72900024 89739110 78382919 94548704 X 12713655 4234178 -116022 7276 X 0 0 0 X 10408648 2550796 652507 503188 14033972 28149111 9461378 10766983 11876570 11013398 11704919 54823248 19870026 13317779 12529077 11516586 25738891 82972359 14250 2183940 256640 110305 10807469 13372604 0 14250 2183940 256640 110305 10807469 13372604 69599755 135757 242942 280652 321888 380711 1361950 135757 242942 280652 321888 380711 1361950 -25362 13983 197362 157832 128840 472655 19980421 13574704 13007091 11996306 26248442 84806964 0.82070 0.80190 0.01610 0.01000 X Schedule A, Part III, Line 12, Explanation of Other Income: Sale of Assets used in Program Service Operations - 2015 Amount: $ -25,362. 2016 Amount: $ 13,983. Corporate Partnerships - 2017 Amount: $ 197,362. 2018 Amount: $ 157,832. 2019 Amount: $ 128,840. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 Schedule C, Part II-A, Line 1 McGuire Woods law firm was hired to represent the organization before the legislature on matters relating to after school and summer learning programs. X 24821937 2500000 4707359 750000 31279296 26870647 -1328710 720000 24821937 24581422 2944411 663000 26870647 22930438 1001000 949984 300000 24581422 23875000 -458103 486000 22930438 0.48000 0.52000 0.00000 1 0 48942910 48942910 10992415 5027038 5965377 9319962 4944402 4375560 8880712 6509243 2371469 61655316 ASC Greenway Endowment Portfolio 26959764 F 26959764 Deferred Income 503707 Deferred Compensation 272653 Lease Liability 1965851 2742211 Part XII, Line 2d - Other Adjustments: Cost of Goods Sold - Form 990, Line 10b Part XII, Line 4b - Other Adjustments: Deferred Compensation Green Gala 149494 44721 104773 79025 149494 44721 104773 79025 79025 25748 X X X 0 0 0 0 0 0 0 0 0 Timothy W Patterson President & CEO 235249 0 0 0 24782 0 6584 0 24158 0 290773 0 0 0 Deborah L Kiggans CFO 130186 0 0 0 0 0 3058 0 17027 0 150271 0 0 0 X 4 10469000 FMV 2 0 0 0 Part I, Column (b): Four separate pieces of property were donated by two entities. The filing organization received three Form 8283s with one listing two pieces of property and the other two listing one each. Form 990, Part VI, Section A, line 1 The governing body consists of eight members which have voting rights on matters regarding any amendments to the corporation's Certificate of Incorporation, dissolution/liquidation of corporation, amendment/repeal of any provision of certain articles in bylaws, election of new members, dispositions of interests in real property, and/or the aquisition of real estate for recreation and/or preservation. The body also consists of nine directors (three of which are also members) who have voting rights on the general management of the affairs of the corporation. In addition, four directors make up the Executive Committee which has immediate charge, management, and control of the business affairs and charitable activities of the corporation. Form 990, Part VI, Section A, line 2 Anne S. Close, Chairman Emeritus, is the grandmother of W. Dehler Hart and the mother of the following members and/or directors: Crandall C. Bowles, Director, Member Frances A. Close, Member Leroy S. Close, Member Patricia (Gracie) Close, Member Elliott S. Close, Director & Member H.W. Close, Director & Member Derick S. Close, Member Katherine A. Close, Member Form 990, Part VI, Section A, line 3 The organization delegated management duties for their recreation complex to the Town of Fort Mill beginning on June 1, 2018. The transfer of the complex was completed on September 26, 2018. Form 990, Part VI, Section A, line 6 The number of members of the corporation will not be more than eight. Current members include the following: Crandall C. Bowles, Director, Member Frances A. Close, Member Leroy S. Close, Member Patricia (Gracie) Close, Member Elliott S. Close, Director & Member H.W. Close, Director & Member Derick S. Close, Member Katherine A. Close, Member Form 990, Part VI, Section A, line 7a The governing body consists of eight members which have voting rights on matters regarding any amendments to the corporation's Certificate of Incorporation, dissolution/liquidation of corporation, amendment/repeal of any provision of certain articles in bylaws, election of new members, dispositions of interests in real property, and/or the aquisition of real estate for recreation and/or preservation. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Executive Committee. Each committee member receives a copy of the tax return and must approve it on an individual basis before it is filed. Form 990, Part VI, Section B, line 12c Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a) has received a copy of the conflicts of interest policy; b) has read and understands the policy; c) has agreed to comply with the policy; and d) understands the organization is charitible and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure the organization operates in a manner consistent with charitable purposes, periodic reviews shall be conducted. The reviews shall include determining whether compensation arrangements are reasonable and whether partnerships, joint ventures, and arrangements with management organizations conform to the written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. Form 990, Part VI, Section B, line 15 Compensation of Timothy Patterson, CEO,and Debbie Kiggans, CFO, is reviewed and approved by a compensation committee lead by an independent board director in which comparability data is used. Form 990, Part VI, Section C, line 18 www.Guidestar.org Form 990, Part VI, Section C, line 19 Upon request. Form 990, Part XI, line 9: Investment Income not recorded in Books 7,051. Gain/Loss on Sale of Assets 225. The Springs Close Foundation Inc PO Box 1449 Fort Mill SC 29716 570426344 Provide grants for other charitable & governmental organizations. SC 501(c)(3) PF N/A 0 Clear Springs Land Co LLC 1343 Broadcloth St Suite 201 Fort Mill SC 29715 582371445 Real Estate SC N/A Springland Associates LLC PO Box 1449 Fort Mill SC 29716 570813311 Real Estate SC N/A CFREP #2 PO Box 1449 Fort Mill SC 29716 570902454 Real Estate SC N/A 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0