Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
EIN 13-4216019 • 501(c)6 • Troy, AL
Profile
To promote economic development within pike county alabama
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
76th percentile
Higher debt load relative to assets than 76% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
62nd percentile
Higher top officer pay than 62% of similar nonprofits.
Top officer pay equals 37.1% of source-year revenue.
Asset Growth
16th percentile
Faster asset growth than 16% of similar nonprofits.
Revenue Growth
58th percentile
Faster revenue growth than 58% of similar nonprofits.
Assets
Down$1,102,050
Down $104,097 (-8.6%) from 2023
Liabilities
Down$397,351
Down $32,223 (-7.5%) from 2023
Net Assets
Down$704,699
Down $71,874 (-9.3%) from 2023
Revenue
Up$469,860
Up $36,810 (+8.5%) from 2023
Expenses
Up$541,734
Up $81,199 (+18%) from 2023
Net Income
Down-$71,874
Down $44,389 (-162%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
To promote economic development within pike county alabama
To promote economic development within pike county alabama.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $494,574 | $463,063 | ▼ $31,511 |
| Cash and Non-Interest-Bearing Accounts | $155,334 | $218,177 | ▲ $62,843 |
| Other Notes and Loans Receivable, Net | $361,011 | $207,020 | ▼ $153,991 |
| Savings and Temporary Cash Investments | $142,595 | $191,190 | ▲ $48,595 |
| Accounts Receivable | $32,633 | $2,600 | ▼ $30,033 |
| Total Assets | $1,206,147 | $1,102,050 | ▼ $104,097 |
| Other Assets Total | $20,000 | $20,000 | → $0 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $424,916 | $394,598 | ▼ $30,318 |
| Accounts Payable and Accrued Expenses | $4,658 | $2,753 | ▼ $1,905 |
| Total Liabilities | $429,574 | $397,351 | ▼ $32,223 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $547,372 | $562,599 | ▲ $15,227 |
| Net Assets With Donor Restrictions | $229,201 | $142,100 | ▼ $87,101 |
| Total Net Assets Fund Balance | $776,573 | $704,699 | ▼ $71,874 |
| Total Liabilities and Net Assets / Fund Balance | $1,206,147 | $1,102,050 | ▼ $104,097 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $463,063 | $640,462 | $1,103,525 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Chase Cobb | President | FT | $174,187 | $174,187 |
| Name | Title |
|---|---|
| John Ramage | Chairman |
| Ted Clem | President |
| Vicki Mcpherson | Vice Chairma |
| Adam Carson | Board Member |
| Cornelius Griffin | Board Member |
| David Bailey | Board Member |
| Jeff Kervin | Board Member |
| Judson Edwards | Board Member |
| Kenny Campbell | Board Member |
| Donna Horn | Secretary |
| Denny Sanford | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $278,909 |
| Salaries, Compensation, and Employee Benefits | $262,825 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | $223,416 | - | $223,416 |
| Advertising | $48,945 | - | - | $48,945 |
| Depreciation Depletion | $39,761 | - | - | $39,761 |
| Fees for Services Other | - | $36,145 | - | $36,145 |
| Other Employee Benefits | - | $22,313 | - | $22,313 |
| Payroll Taxes | - | $17,096 | - | $17,096 |
| Occupancy | $12,121 | - | - | $12,121 |
| Interest | $9,935 | - | - | $9,935 |
| Office Expenses | - | $7,558 | - | $7,558 |
| Fees for Services Accounting | $5,750 | $1,365 | - | $7,115 |
| Insurance | $6,773 | - | - | $6,773 |
| Other Expenses | $97,439 | $1,017 | - | $1,017 |
| Total Functional Expenses | $220,724 | $321,010 | $0 | $541,734 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $541,734 |
| Total Expenses per Audited Statements | $541,734 |
| Total Expenses per Form 990 | $541,734 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Board members review a copy of the complete 990 prior to its filing.”
“Board members review and discuss policy at annual meeting.”
“Board members review and approve all compensation annually.”
“All compensation for officers or key employee is approved annually by the board.”
“No documents available to public.”
“Promote economic development in pike county by providing small businesses with facilities through the incubator facility and development and recruiting of industry.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2753 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 32633 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 2600 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE ECONOMIC DEVELOPMENT WITHIN PIKE COUNTY ALABAMA. |
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| IRS990/AdvertisingGrp/TotalAmt | 0 | 48945 |
| IRS990/AllOtherContributionsAmt | 0 | 206036 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
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| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3346702274 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | TROY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 36081 |
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| IRS990/BusinessRlnWithFamMemInd | 0 | false |
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| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 155334 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 218177 |
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| IRS990/CYContributionsGrantsAmt | 0 | 419036 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
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| IRS990/CYOtherExpensesAmt | 0 | 278909 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 37544 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -71874 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 262825 |
| IRS990/CYTotalExpensesAmt | 0 | 541734 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 469860 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 39761 |
| IRS990/Desc | 0 | PROMOTE ECONOMIC DEVELOPMENT IN PIKE COUNTY BY PROVIDING SMALL BUSINESSES WITH FACILITIES THROUGH THE INCUBATOR FACILITY AND DEVELOPMENT AND RECRUITING OF INDUSTRY. |
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| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 142100 |
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| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 2 |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 7115 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 36145 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 36145 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | KENNY CAMPBELL |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DAVID BAILEY |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIRMA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2002 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | true |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 10 |
| IRS990/GovernmentGrantsAmt | 0 | 213000 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 469860 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
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| IRS990/InsuranceGrp/TotalAmt | 0 | 6773 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 9935 |
| IRS990/InterestGrp/TotalAmt | 0 | 9935 |
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| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 13280 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
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| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1103525 |
| IRS990/LegalDomicileStateCd | 0 | AL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
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| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO PROMOTE ECONOMIC DEVELOPMENT WITHIN PIKE COUNTY |
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| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 776573 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 704699 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 547372 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 562599 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 20000 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 22313 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 22313 |
| IRS990/OtherExpensesGrp/Desc | 0 | BAD DEBT |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | OTHER |
| IRS990/OtherExpensesGrp/Desc | 3 | TRAINING |
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| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 5876 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1017 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 97439 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 97439 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 6224 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 5876 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1017 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 223416 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 223416 |
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| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 17096 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 17096 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | TED CLEM |
| IRS990/ProfessionalFundraisingInd | 0 | false |
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| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 4100 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 33444 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 4100 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | PROMOTE ECONOMIC DEVELOPMENT IN PIKE COUNTY BY PROVIDING SMALL BUSINESSES WITH FACILITIES THROUGH THE INCUBATOR FACILITY AND DEVELOPMENT AND RECRUITING OF INDUSTRY. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 381689 |
| IRS990/PYInvestmentIncomeAmt | 0 | 10504 |
| IRS990/PYOtherExpensesAmt | 0 | 187171 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 40857 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -27485 |
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| IRS990/PYTotalExpensesAmt | 0 | 460535 |
| IRS990/PYTotalRevenueAmt | 0 | 433050 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -71874 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 142595 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 191190 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 541734 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 463063 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 640462 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1103525 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 469860 |
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| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 541734 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PROMOTE ECONOMIC DEVELOPMENT IN PIKE COUNTY BY PROVIDING SMALL BUSINESSES WITH FACILITIES THROUGH THE INCUBATOR FACILITY AND DEVELOPMENT AND RECRUITING OF INDUSTRY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BOARD MEMBERS REVIEW A COPY OF THE COMPLETE 990 PRIOR TO ITS FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | BOARD MEMBERS REVIEW AND DISCUSS POLICY AT ANNUAL MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BOARD MEMBERS REVIEW AND APPROVE ALL COMPENSATION ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ALL COMPENSATION FOR OFFICERS OR KEY EMPLOYEE IS APPROVED ANNUALLY BY THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | NO DOCUMENTS AVAILABLE TO PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990/WebsiteAddressTxt | 0 | TROY-PIKE-EDC.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TED CLEM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3346702274 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-08-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PIKE COUNTY ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PIKE |
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| ReturnHeader/Filer/PhoneNum | 0 | 3346702274 |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 110 S BRUNDIDGE ST |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 36081 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3345662690 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-08-21 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DARREN P HIPPS |
| ReturnHeader/ReturnTs | 0 | 2025-08-21T15:44:26-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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