Civic Intelligence

Albany-Dougherty Economic Development Commission Inc

990 • Fiscal year 2016 • EIN 26-2878181

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 15, 2016

Organization ProfileCHOOSEALBANY.COM
125 Pine Avenue Suite 200Albany, GA 31701

(229) 434-0044

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

40th percentile

0.04x

Higher debt load relative to assets than 40% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

35th percentile

0.02x

Higher debt load relative to revenue than 35% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

83rd percentile

17%

Higher net margin than 83% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

86th percentile

$142,056

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 17.5% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

91st percentile

45%

Faster asset growth than 91% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

61st percentile

6.5%

Faster revenue growth than 61% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$442,821

Up $136,652 (+45%) from 2015

Net Assets

Up

$426,791

Up $135,464 (+46%) from 2015

Liabilities

Up

$16,030

Up $1,188 (+8.0%) from 2015

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin83rd percentile

Revenue

Up

$811,129

Up $49,325 (+6.5%) from 2015

Expenses

Down

$676,659

Down $246,081 (-27%) from 2015

Net Income

Up

$134,470

Up $295,406 (+184%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2012: $574,911Liabilities 2012: $32,973Net Assets 2012: $541,9382012Assets 2013: $609,175Liabilities 2013: $29,820Net Assets 2013: $579,3552013Assets 2014: $466,470Liabilities 2014: $14,210Net Assets 2014: $452,2602014Assets 2015: $306,169Liabilities 2015: $14,842Net Assets 2015: $291,3272015Assets 2016: $442,821Liabilities 2016: $16,030Net Assets 2016: $426,7912016Assets 2017: $559,395Liabilities 2017: $40,427Net Assets 2017: $518,9682017Assets 2018: $643,404Liabilities 2018: $33,619Net Assets 2018: $609,7852018Assets 2019: $665,053Liabilities 2019: $27,258Net Assets 2019: $637,7952019Assets 2020: $646,158Liabilities 2020: $8,184Net Assets 2020: $637,9742020Assets 2021: $712,117Liabilities 2021: $31,916Net Assets 2021: $680,2012021Assets 2022: $1,044,039Liabilities 2022: $120,850Net Assets 2022: $923,1892022Assets 2023: $1,131,010Liabilities 2023: $78,489Net Assets 2023: $1,052,5212023

Highlighted filing

2016

Assets$442,821
Liabilities$16,030
Net Assets$426,791
Open 2016 Filing

Operations Trend

Revenue Growth61st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2012: $620,1182012Expenses 2013: $668,1122013Revenue 2014: $749,530Expenses 2014: $873,776Net Income 2014: -$124,2462014Revenue 2015: $761,804Expenses 2015: $922,740Net Income 2015: -$160,9362015Revenue 2016: $811,129Expenses 2016: $676,659Net Income 2016: $134,4702016Revenue 2017: $757,223Expenses 2017: $664,404Net Income 2017: $92,8192017Revenue 2018: $751,333Expenses 2018: $661,323Net Income 2018: $90,0102018Revenue 2019: $750,908Expenses 2019: $722,066Net Income 2019: $28,8422019Revenue 2020: $750,658Expenses 2020: $754,793Net Income 2020: -$4,1352020Revenue 2021: $750,761Expenses 2021: $414,289Net Income 2021: $336,4722021Revenue 2022: $705,570Expenses 2022: $464,889Net Income 2022: $240,6812022Revenue 2023: $725,191Expenses 2023: $591,228Net Income 2023: $133,9632023

Highlighted filing

2016

Revenue$811,129
Expenses$676,659
Net Income$134,470
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$811,129
Mission and Program Overview

Mission

The organization's focus is on business recruitment and development, business retention and expansion, and marketing and research for the albany-dougherty county, georgia area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$112,946$329,276▲ $216,330
Pledges and Grants Receivable$153,333$83,333▼ $70,000
Land, Buildings, and Equipment, Net$16,071$12,768▼ $3,303
Prepaid Expenses and Deferred Charges$9,622$8,911▼ $711
Intangible Assets$6,197$5,533▼ $664
Accounts Receivable$5,000--
Total Assets$306,169$442,821▲ $136,652
Other Assets Total$3,000$3,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$14,842$16,030▲ $1,188
Total Liabilities$14,842$16,030▲ $1,188
Net Assets / Fund Balance
Unrestricted Net Assets$291,327$426,791▲ $135,464
Total Net Assets Fund Balance$291,327$426,791▲ $135,464
Total Liabilities and Net Assets / Fund Balance$306,169$442,821▲ $136,652

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,495$22,592$33,087
Other Land Buildings$41$20,055$20,096
Leasehold Improvements$2,232$1,674$3,906
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Justin K StricklandPresident/ceFT$128,147$13,909$142,056

Board Members and Trustees

NameTitle
Jay SmithChairman
Anthony ParkerDirector
Bj FletcherDirector
Chad WarbingtonDirector
Chris HatcherDirector
Ed NewsomeDirector
Jenny SavelleDirector
Jim DealDirector
John BurrDirector
Lamar HudginsDirector
Milan PatelDirector
Richard CrowdisDirector
Sharon SubadanDirector
Tommy ClarkDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$750,000
Program Service Revenue
$0
Investment Income
$503
Other Revenue
$60,626
All Other Contributions
$250,000
Change in Net Assets
$134,470

Audited Revenue Reconciliation

Revenue per Audited Statements
$811,129
Total Revenue per Audited Statements
$811,129
Total Revenue per Form 990
$811,129
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$392,480
Other Expenses$284,179
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$185,814
Advertising---$154,736
Current Officers, Directors, Trustees, and Key Employees---$144,182
Occupancy---$42,483
Fees for Services Management---$35,210
Payroll Taxes---$23,077
Other Employee Benefits---$21,088
Pension Plan Contributions---$18,319
Conferences and Meetings---$14,387
Office Expenses---$10,812
Depreciation Depletion---$6,197
Fees for Services Accounting---$3,300
Other Expenses---$3,210
Insurance---$2,863
Travel---$966
Total Functional Expenses$0$0$0$676,659

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$676,659
Expenses per Audited Statements$675,665
Total Expenses per Audited Statements$675,665
Expenses Not Reported on Financial Statements$994
Other Expense Adjustments$994
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The commission uses the personnel of the albany area chamber of commerce, inc. For accounting and some professional marketing services.”

Form 990, Page 6, Part VI, Line 6

“The commission has 3 members: 1. Albany area chamber of commerce inc. 2. City of albany, georgia 3. Dougherty county, georgia”

Form 990, Page 6, Part VI, Line 7A

“Each member appoints 4 directors. One from each is a permanent director by virtue of his/her office. The other 3 are appointed using staggered terms.”

Form 990, Page 6, Part VI, Line 11B

“The president/ceo reviews the 990 intially with the preparer and prior to filing the return is distributed to the board of directors for review.”

Form 990, Page 6, Part VI, Line 15A

“The ceo's salary and benefits package is reviewed and set annually by the board of directors. It is based on performance standards and industry standard benchmarks for similar positions.”

Form 990, Page 6, Part VI, Line 15B

“Employees salaries are determined by the president/ceo as approved in the budget process.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and policies of the commission are available for review at the commission's offices.”

Filing and Contact Details

Filer

Filer Name
Albany-dougherty Economic
EIN
26-2878181
Phone
2294340044
Address
125 PINE AVENUE SUITE 200, ALBANY, GA 31701

Signing Officer

Name
Justin K Strickland
Title
President/CEO
Phone
2294348700
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justin K Strickland
Formed
2008
Legal Domicile
Ga
Voting Board Members
12
Independent Board Members
12
Employees
5

Preparer

Firm
Brown & Mcdaniel Cpas LLC
Address
1500 DAWSON RD, ALBANY, GA 31707-3437
Preparer
W D Mcdaniel
Phone
2298836262
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Book / tax depreciation difference 994 total 994”

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

“Book / tax depreciation difference 994”

Raw XML Appendix386 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt014842
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016030
IRS990/AccountsReceivableGrp/BOYAmt05000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION'S FOCUS IS ON BUSINESS RECRUITMENT AND DEVELOPMENT, BUSINESS RETENTION AND EXPANSION, AND MARKETING AND RESEARCH FOR THE ALBANY-DOUGHERTY COUNTY, GEORGIA AREA.
IRS990/AdvertisingGrp/TotalAmt0154736
IRS990/AllOtherContributionsAmt0250000
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ALBANY AREA CHAMBER OF COMMERCE INC
IRS990/BooksInCareOfDetail/PhoneNum02294348700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0225 W BROAD AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALBANY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd031701
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0144182
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt014387
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0750000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0503
IRS990/CYOtherExpensesAmt0284179
IRS990/CYOtherRevenueAmt060626
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0134470
IRS990/CYSalariesCompEmpBnftPaidAmt0392480
IRS990/CYTotalExpensesAmt0676659
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0811129
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/TotalAmt06197
IRS990/Desc0THE ALBANY-DOUGHERTY ECONOMIC DEVELOPMENT COMMISSION IS THE PRIMARY SALES AND MARKETING ARM FOR THE CITY OF ALBANY AND DOUGHERTY COUNTY. THE COMMISSION USES A THREE-PRONGED APPROACH TO GROWING THE LOCAL ECONOMNY: RETENTION AND EXPANSION OF EXISTING INDUSTRY, RECRUITMENT, AND MARKETING.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt03300
IRS990/FeesForServicesManagementGrp/TotalAmt035210
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1413909
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD CROWDIS
IRS990/Form990PartVIISectionAGrp/PersonNm1LAMAR HUDGINS
IRS990/Form990PartVIISectionAGrp/PersonNm2JAY SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRIS HATCHER
IRS990/Form990PartVIISectionAGrp/PersonNm4ANTHONY PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm5CHAD WARBINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm6MILAN PATEL
IRS990/Form990PartVIISectionAGrp/PersonNm7TOMMY CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm8JIM DEAL
IRS990/Form990PartVIISectionAGrp/PersonNm9BJ FLETCHER
IRS990/Form990PartVIISectionAGrp/PersonNm10ED NEWSOME
IRS990/Form990PartVIISectionAGrp/PersonNm11SHARON SUBADAN
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN BURR
IRS990/Form990PartVIISectionAGrp/PersonNm13JENNY SAVELLE
IRS990/Form990PartVIISectionAGrp/PersonNm14JUSTIN K STRICKLAND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14128147
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT/CE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0500000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0811129
IRS990/GrossSalesOfInventoryAmt0626
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt02863
IRS990/IntangibleAssetsGrp/BOYAmt06197
IRS990/IntangibleAssetsGrp/EOYAmt05533
IRS990/InvestmentIncomeGrp/ExclusionAmt0503
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0503
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt044321
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016071
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012768
IRS990/LandBldgEquipCostOrOtherBssAmt057089
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION'S FOCUS IS ON BUSINESS RECRUITMENT AND DEVELOPMENT, BUSINESS RETENTION AND EXPANSION, AND MARKETING AND RESEARCH FOR THE ALBANY-DOUGHERTY COUNTY, GEORGIA AREA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0291327
IRS990/NetAssetsOrFundBalancesEOYAmt0426791
IRS990/NetIncomeOrLossGrp/ExclusionAmt0626
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0626
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt042483
IRS990/OfficeExpensesGrp/TotalAmt010812
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03000
IRS990/OtherAssetsTotalGrp/EOYAmt03000
IRS990/OtherChangesInNetAssetsAmt0994
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021088
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/TotalAmt010015
IRS990/OtherExpensesGrp/TotalAmt13210
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/Desc0CHAMBER MANAGEMENT FEES
IRS990/OtherRevenueMiscGrp/ExclusionAmt060000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt060000
IRS990/OtherRevenueTotalAmt060000
IRS990/OtherSalariesAndWagesGrp/TotalAmt0185814
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt023077
IRS990/PensionPlanContributionsGrp/TotalAmt018319
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0153333
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt083333
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09622
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08911
IRS990/PrincipalOfficerNm0JUSTIN K STRICKLAND
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0750000
IRS990/PYInvestmentIncomeAmt0616
IRS990/PYOtherExpensesAmt0592332
IRS990/PYOtherRevenueAmt011188
IRS990/PYRevenuesLessExpensesAmt0-160936
IRS990/PYSalariesCompEmpBnftPaidAmt0330408
IRS990/PYTotalExpensesAmt0922740
IRS990/PYTotalRevenueAmt0761804
IRS990/ReconcilationRevenueExpnssAmt0134470
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0112946
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0329276
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt010495
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022592
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt033087
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0994
IRS990ScheduleD/ExpensesSubtotalAmt0675665
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02232
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01674
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03906
IRS990ScheduleD/OtherExpensesNotIncludedAmt0994
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt041
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt020055
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt020096
IRS990ScheduleD/RevenueSubtotalAmt0811129
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 994
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012768
IRS990ScheduleD/TotalExpensesPerForm990Amt0676659
IRS990ScheduleD/TotalRevenuePerForm990Amt0811129
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0811129
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0675665
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMMISSION USES THE PERSONNEL OF THE ALBANY AREA CHAMBER OF COMMERCE, INC. FOR ACCOUNTING AND SOME PROFESSIONAL MARKETING SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMMISSION HAS 3 MEMBERS: 1. ALBANY AREA CHAMBER OF COMMERCE INC. 2. CITY OF ALBANY, GEORGIA 3. DOUGHERTY COUNTY, GEORGIA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER APPOINTS 4 DIRECTORS. ONE FROM EACH IS A PERMANENT DIRECTOR BY VIRTUE OF HIS/HER OFFICE. THE OTHER 3 ARE APPOINTED USING STAGGERED TERMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT/CEO REVIEWS THE 990 INTIALLY WITH THE PREPARER AND PRIOR TO FILING THE RETURN IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CEO'S SALARY AND BENEFITS PACKAGE IS REVIEWED AND SET ANNUALLY BY THE BOARD OF DIRECTORS. IT IS BASED ON PERFORMANCE STANDARDS AND INDUSTRY STANDARD BENCHMARKS FOR SIMILAR POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EMPLOYEES SALARIES ARE DETERMINED BY THE PRESIDENT/CEO AS APPROVED IN THE BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS AND POLICIES OF THE COMMISSION ARE AVAILABLE FOR REVIEW AT THE COMMISSION'S OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOOK / TAX DEPRECIATION DIFFERENCE 994 TOTAL 994
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0306169
IRS990/TotalAssetsEOYAmt0442821
IRS990/TotalAssetsGrp/BOYAmt0306169
IRS990/TotalAssetsGrp/EOYAmt0442821
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0750000
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0676659
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014842
IRS990/TotalLiabilitiesEOYAmt016030
IRS990/TotalLiabilitiesGrp/BOYAmt014842
IRS990/TotalLiabilitiesGrp/EOYAmt016030
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0291327
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0426791
IRS990/TotalOtherCompensationAmt013909
IRS990/TotalReportableCompFromOrgAmt0128147
IRS990/TotalRevenueGrp/ExclusionAmt061129
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0811129
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0306169
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0442821
IRS990/TravelGrp/TotalAmt0966
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0291327
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0426791
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0HTTP://CHOOSEALBANY.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JUSTIN K STRICKLAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02294348700
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALBANY-DOUGHERTY ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT COMMISSION INC
ReturnHeader/Filer/BusinessNameControlTxt0ALBA
ReturnHeader/Filer/EIN0262878181
ReturnHeader/Filer/PhoneNum02294340044
ReturnHeader/Filer/USAddress/AddressLine1Txt0125 PINE AVENUE SUITE 200
ReturnHeader/Filer/USAddress/CityNm0ALBANY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd031701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205916591
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROWN & MCDANIEL CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01500 DAWSON RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0317073437
ReturnHeader/PreparerPersonGrp/PhoneNum02298836262
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0W D MCDANIEL
ReturnHeader/ReturnTs02016-11-17T11:31:01-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$442,821
Liabilities
$16,030
Net assets
$426,791
Revenue
$811,129
Expenses
$676,659
Net income
$134,470
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.13$0.08$1.05$0.73$0.59$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.04$0.12$0.92$0.71$0.46$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.71$0.03$0.68$0.75$0.41$0.34
2020Detailed filing. Detailed filing data is available for this year.$0.65$0.01$0.64$0.75$0.75$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.03$0.64$0.75$0.72$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.64$0.03$0.61$0.75$0.66$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.56$0.04$0.52$0.76$0.66$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.02$0.43$0.81$0.68$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.01$0.29$0.76$0.92$0.16
2014Detailed filing. Detailed filing data is available for this year.$0.47$0.01$0.45$0.75$0.87$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.03$0.58$0.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.03$0.54$0.62
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)6 • $500k-$1M nonprofits