Civic Intelligence

Southern Economic Development Council

990 • Fiscal year 2019 • EIN 58-6075177

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 09, 2020

Organization ProfileWWW.SEDC.ORG

View Organization Page

311 Nelson Street SWAtlanta, GA 30313

(404) 523-3030

Siviq Scores

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

Liabilities / Assets

90th percentile

0.55x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

82nd percentile

0.33x

Higher debt load relative to revenue than 82% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Net Margin

9th percentile

-14%

Higher net margin than 9% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

84th percentile

$135,989

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 20.5% of source-year revenue.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Asset Growth

9th percentile

-18%

Faster asset growth than 9% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

-2.8%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$393,566

Down $84,128 (-18%) from 2018

Net Assets

Down

$175,148

Down $95,664 (-35%) from 2018

Liabilities

Up

$218,418

Up $11,536 (+5.6%) from 2018

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin9th percentile

Revenue

Down

$664,304

Down $19,175 (-2.8%) from 2018

Expenses

Up

$759,967

Up $80,878 (+12%) from 2018

Net Income

Down

-$95,663

Down $100,053 (-2279%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$800K$600K$400K$200K$0Assets 2011: $270,190Liabilities 2011: $123,045Net Assets 2011: $147,1452011Assets 2012: $374,822Liabilities 2012: $156,221Net Assets 2012: $218,6012012Assets 2013: $483,418Liabilities 2013: $243,561Net Assets 2013: $239,8572013Assets 2014: $494,523Liabilities 2014: $236,640Net Assets 2014: $257,8832014Assets 2015: $539,788Liabilities 2015: $271,189Net Assets 2015: $268,5992015Assets 2016: $558,905Liabilities 2016: $277,328Net Assets 2016: $281,5772016Assets 2017: $464,262Liabilities 2017: $197,840Net Assets 2017: $266,4222017Assets 2018: $477,694Liabilities 2018: $206,882Net Assets 2018: $270,8122018Assets 2019: $393,566Liabilities 2019: $218,418Net Assets 2019: $175,1482019Assets 2020: $372,765Liabilities 2020: $160,454Net Assets 2020: $212,3112020Assets 2021: $431,186Liabilities 2021: $138,761Net Assets 2021: $292,4252021Assets 2022: $540,511Liabilities 2022: $213,839Net Assets 2022: $326,6722022Assets 2023: $573,366Liabilities 2023: $217,017Net Assets 2023: $356,3492023Assets 2024: $721,810Liabilities 2024: $374,684Net Assets 2024: $347,1262024

Highlighted filing

2019

Assets$393,566
Liabilities$218,418
Net Assets$175,148
Open 2019 Filing

Operations Trend

Revenue Growth30th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $672,254Expenses 2011: $580,533Net Income 2011: $91,7212011Revenue 2012: $650,264Expenses 2012: $583,018Net Income 2012: $67,2462012Revenue 2013: $578,281Expenses 2013: $557,025Net Income 2013: $21,2562013Revenue 2014: $700,294Expenses 2014: $682,268Net Income 2014: $18,0262014Revenue 2015: $664,846Expenses 2015: $654,130Net Income 2015: $10,7162015Revenue 2016: $737,236Expenses 2016: $724,258Net Income 2016: $12,9782016Revenue 2017: $686,568Expenses 2017: $701,723Net Income 2017: -$15,1552017Revenue 2018: $683,479Expenses 2018: $679,089Net Income 2018: $4,3902018Revenue 2019: $664,304Expenses 2019: $759,967Net Income 2019: -$95,6632019Revenue 2020: $467,145Expenses 2020: $429,982Net Income 2020: $37,1632020Revenue 2021: $721,605Expenses 2021: $641,491Net Income 2021: $80,1142021Revenue 2022: $654,083Expenses 2022: $619,836Net Income 2022: $34,2472022Revenue 2023: $904,536Expenses 2023: $874,859Net Income 2023: $29,6772023Revenue 2024: $1,356,802Expenses 2024: $1,366,025Net Income 2024: -$9,2232024

Highlighted filing

2019

Revenue$664,304
Expenses$759,967
Net Income-$95,663
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 9, 2020
Return Version
2019v5.1
Gross Receipts
$664,304
Mission and Program Overview

Mission

Pursue high personal and professional standards to enhance the image of the economic development process. 2) provide professional service and educational opportunities to develop and improve member skills. 3) improve quality of life of citizens of region through implementation, creation & retention of quality employment opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$213,233$173,505▼ $39,728
Land, Buildings, and Equipment, Net$135,060$128,936▼ $6,124
Cash and Non-Interest-Bearing Accounts$22,698$45,843▲ $23,145
Accounts Receivable$45,025$0▼ $45,025
Savings and Temporary Cash Investments$59,129$43,257▼ $15,872
Prepaid Expenses and Deferred Charges$0$1,075▲ $1,075
Pledges and Grants Receivable$2,549$950▼ $1,599
Total Assets$477,694$393,566▼ $84,128
Liabilities
Other Liabilities$79,100$78,550▼ $550
Deferred Revenue$40,595$72,475▲ $31,880
Mortgage Notes Payable Secured by Investment Property$70,340$58,326▼ $12,014
Accounts Payable and Accrued Expenses$16,847$9,067▼ $7,780
Total Liabilities$206,882$218,418▲ $11,536
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$270,812$175,148▼ $95,664
Total Net Assets Fund Balance$270,812$175,148▼ $95,664
Total Liabilities and Net Assets / Fund Balance$477,694$393,566▼ $84,128

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$125,088$25,404-
Equipment$3,848$23,385-
Other Securities$95,744--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Gene StinsonPresidentFT$135,989$135,989

Board Members and Trustees

NameTitle
Raul PeraltaChairman
Samuel PowersImmidiate Past Chairman
Will Williams1st Vice Chairman
Bob Helton2nd Vice Chairman
Thomas LongWestern Regional Director
Loren HillMid-atlantic Regional Dire
Frank MccradySectary/treasurer
Scott PoagSoutheast Regional Directo
Revenue and Support

Revenue Composition

Contributions and Grants
$140,550
Program Service Revenue
$519,679
Investment Income
$4,075
Other Revenue
$0
Change in Net Assets
$-95,663
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$465,731
Salaries, Compensation, and Employee Benefits$294,236
Total Fundraising Expense$45
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$345,577--$345,577
Current Officers, Directors, Trustees, and Key Employees$67,995$67,994-$135,989
Other Salaries and Wages$18,204$78,204-$96,408
All Other Expenses$7,200$34,783$45$42,028
Other Employee Benefits-$32,401-$32,401
Payroll Taxes-$17,975-$17,975
Pension Plan Contributions-$11,463-$11,463
Fees for Services Accounting-$9,605-$9,605
Other Expenses$9,389$14,895-$9,389
Insurance-$6,948-$6,948
Depreciation Depletion-$6,124-$6,124
Interest-$2,116-$2,116
Fees for Services Other-$1,043-$1,043
Total Functional Expenses$458,365$301,557$45$759,967
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Sedc, LLC$78,550
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7B

“Decisions that require action are voted on and approved by a majority vote of the board.”

Form 990, Part VI, Section B, Line 11B

“A copy of the tax return is given to the president and he reviews it before it is filed with the irs.”

Form 990, Part VI, Section C, Line 19

“The organization has a file of these documents and are made available to members upon request. If requested by the general public, the organization would comply.”

Filing and Contact Details

Filer

Filer Name
Southern Economic Development Council
EIN
58-6075177
Phone
4045233030
Address
311 NELSON STREET SW, ATLANTA, GA 30313

Signing Officer

Name
Gene Stinson
Title
President
Phone
4045233030
Signed
2020-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gene Stinson
Formed
1968
Legal Domicile
Ga
Voting Board Members
22
Independent Board Members
22
Employees
0
Volunteers
0

Preparer

Firm
Kelley Sammons Toole & Ellison Llp
Address
750 HAMMOND DRIVE BLDG 3, ATLANTA, GA 30328
Preparer
Jason D Toole CPA
Phone
4042563830
Supplemental Narrative

Additional Explanations

Form 990, Page 11, Part XI, Line 1

“The organization uses a modified cash basis of accounting”

Financial Statement Notes

Form 990, Part X, Line 12

“Investment represents an investment in an affiliate.”

Raw XML AppendixShowing 400 of 437 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt016847
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt09067
IRS990/AccountsReceivableGrp/BOYAmt045025
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PURSUE HIGH PERSONAL AND PROFESSIONAL STANDARDS TO ENHANCE THE IMAGE OF THE ECONOMIC DEVELOPMENT PROCESS. 2) PROVIDE PROFESSIONAL SERVICE AND EDUCATIONAL OPPORTUNITIES TO DEVELOP AND IMPROVE MEMBER SKILLS. 3) IMPROVE QUALITY OF LIFE OF CITIZENS OF REGION THROUGH IMPLEMENTATION, CREATION & RETENTION OF QUALITY EMPLOYMENT OPPORTUNITIES.
IRS990/AllOtherExpensesGrp/FundraisingAmt045
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt034783
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07200
IRS990/AllOtherExpensesGrp/TotalAmt042028
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GENE STINSON
IRS990/BooksInCareOfDetail/PhoneNum04045233030
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0311 NELSON STREET SW
IRS990/BooksInCareOfDetail/USAddress/CityNm0ATLANTA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030313
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt022698
IRS990/CashNonInterestBearingGrp/EOYAmt045843
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt067994
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt067995
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0135989
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0345577
IRS990/ConferencesMeetingsGrp/TotalAmt0345577
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0140550
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04075
IRS990/CYOtherExpensesAmt0465731
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0519679
IRS990/CYRevenuesLessExpensesAmt0-95663
IRS990/CYSalariesCompEmpBnftPaidAmt0294236
IRS990/CYTotalExpensesAmt0759967
IRS990/CYTotalFundraisingExpenseAmt045
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0664304
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt040595
IRS990/DeferredRevenueGrp/EOYAmt072475
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06124
IRS990/DepreciationDepletionGrp/TotalAmt06124
IRS990/Desc0REGISTRANTS ATTENDED VARIOUS ECONOMIC DEVELOPMENT CONFERENCES AND MEMBER ORIENTED EVENTS & SEMINARS
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0458365
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09605
IRS990/FeesForServicesAccountingGrp/TotalAmt09605
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01043
IRS990/FeesForServicesOtherGrp/TotalAmt01043
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
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/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/PersonNm0GENE STINSON
IRS990/Form990PartVIISectionAGrp/PersonNm1BOB HELTON
IRS990/Form990PartVIISectionAGrp/PersonNm2FRANK MCCRADY
IRS990/Form990PartVIISectionAGrp/PersonNm3SAMUEL POWERS
IRS990/Form990PartVIISectionAGrp/PersonNm4RAUL PERALTA
IRS990/Form990PartVIISectionAGrp/PersonNm5WILL WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm6SCOTT POAG
IRS990/Form990PartVIISectionAGrp/PersonNm7THOMAS LONG
IRS990/Form990PartVIISectionAGrp/PersonNm8LOREN HILL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0135989
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/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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12ND VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECTARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3IMMIDIATE PAST CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt51ST VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6SOUTHEAST REGIONAL DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt7WESTERN REGIONAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8MID-ATLANTIC REGIONAL DIRE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0664304
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06948
IRS990/InsuranceGrp/TotalAmt06948
IRS990/InterestGrp/ManagementAndGeneralAmt02116
IRS990/InterestGrp/TotalAmt02116
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt04075
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04075
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0213233
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0173505
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt048789
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0135060
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0128936
IRS990/LandBldgEquipCostOrOtherBssAmt0177725
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0140550
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PURSUE HIGH PERSONAL AND PROFESSIONAL STANDARDS TO ENHANCE THE IMAGE OF THE ECONOMIC DEVELOPMENT PROCESS. 2) PROVIDE PROFESSIONAL SERVICE AND EDUCATIONAL OPPORTUNITIES TO DEVELOP AND IMPROVE MEMBER SKILLS. 3) IMPROVE QUALITY OF LIFE OF CITIZENS OF REGION THROUGH IMPLEMENTATION, CREATION & RETENTION OF QUALITY EMPLOYMENT OPPORTUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt070340
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt058326
IRS990/NetAssetsOrFundBalancesBOYAmt0270812
IRS990/NetAssetsOrFundBalancesEOYAmt0175148
IRS990/NetUnrelatedBusTxblIncmAmt0-457
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0270812
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0175148
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt032401
IRS990/OtherEmployeeBenefitsGrp/TotalAmt032401
IRS990/OtherExpensesGrp/Desc0BOARD & OFFICER EXPENSE
IRS990/OtherExpensesGrp/Desc1SERVICE CHARGES
IRS990/OtherExpensesGrp/Desc2MARKETING
IRS990/OtherExpensesGrp/Desc3WEBSITE DEVELOPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018006
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114895
IRS990/OtherExpensesGrp/ProgramServicesAmt010000
IRS990/OtherExpensesGrp/ProgramServicesAmt19389
IRS990/OtherExpensesGrp/TotalAmt018006
IRS990/OtherExpensesGrp/TotalAmt114895
IRS990/OtherExpensesGrp/TotalAmt210000
IRS990/OtherExpensesGrp/TotalAmt39389
IRS990/OtherLiabilitiesGrp/BOYAmt079100
IRS990/OtherLiabilitiesGrp/EOYAmt078550
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt078204
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018204
IRS990/OtherSalariesAndWagesGrp/TotalAmt096408
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017975
IRS990/PayrollTaxesGrp/TotalAmt017975
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011463
IRS990/PensionPlanContributionsGrp/TotalAmt011463
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02549
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0950
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01075
IRS990/PrincipalOfficerNm0GENE STINSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCES,SEMINARS,
IRS990/ProgramServiceRevenueGrp/Desc1MEMBER SERVICES AND AD
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0497780
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt121899
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0497780
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt121899
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0235275
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0121
IRS990/PYOtherExpensesAmt0396404
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0448083
IRS990/PYRevenuesLessExpensesAmt04390
IRS990/PYSalariesCompEmpBnftPaidAmt0282685
IRS990/PYTotalExpensesAmt0679089
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0683479
IRS990/ReconcilationRevenueExpnssAmt0-95663
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt059129
IRS990/SavingsAndTempCashInvstGrp/EOYAmt043257
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0125088
IRS990ScheduleD/BuildingsGrp/DepreciationAmt025404
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0150492
IRS990ScheduleD/EquipmentGrp/BookValueAmt03848
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023385
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt027233
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt078550
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SEDC, LLC
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt077761
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt195744
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN SEDC NMTC, LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc1SECURITY INVESTMENT @ WELLS FARGO
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INVESTMENT REPRESENTS AN INVESTMENT IN AN AFFILIATE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART X, LINE 12
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0128936
IRS990ScheduleD/TotalBookValueSecuritiesAmt0173505
IRS990ScheduleD/TotalLiabilityAmt078550
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DECISIONS THAT REQUIRE ACTION ARE VOTED ON AND APPROVED BY A MAJORITY VOTE OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE TAX RETURN IS GIVEN TO THE PRESIDENT AND HE REVIEWS IT BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A FILE OF THESE DOCUMENTS AND ARE MADE AVAILABLE TO MEMBERS UPON REQUEST. IF REQUESTED BY THE GENERAL PUBLIC, THE ORGANIZATION WOULD COMPLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION USES A MODIFIED CASH BASIS OF ACCOUNTING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 11, PART XI, LINE 1
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0201588724
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.99000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0UNRELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0COMMUNITY DEVELOPMENT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0SEDC NMTC LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0311 NELSON STREET SW
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0ATLANTA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd030313
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COMMUNITY DEVELOPMENT COUNCIL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1SEDC EDUCATIONAL FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0721310040
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1582284845
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROMOTE THE ADVANCEMENT OF COMMUNITY DEVELOPMENT PROFESSIONALS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1CONDUCT EDUCATIONAL ACTIVITIES FOR THE ECONOMIC DEVELOPMENT COMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0311 NELSON STREET SW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1311 NELSON STREET SW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ATLANTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ATLANTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd030313
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd130313
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0477694
IRS990/TotalAssetsEOYAmt0393566
IRS990/TotalAssetsGrp/BOYAmt0477694
IRS990/TotalAssetsGrp/EOYAmt0393566
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0140550
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt045
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0301557
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0458365
IRS990/TotalFunctionalExpensesGrp/TotalAmt0759967
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0206882
IRS990/TotalLiabilitiesEOYAmt0218418
IRS990/TotalLiabilitiesGrp/BOYAmt0206882
IRS990/TotalLiabilitiesGrp/EOYAmt0218418
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0270812
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0175148
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0458365
IRS990/TotalProgramServiceRevenueAmt0519679
IRS990/TotalReportableCompFromOrgAmt0135989
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0523754
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0664304
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0477694
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0393566
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0311 NELSON STREET SW
IRS990/USAddress/CityNm0ATLANTA
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030313
IRS990/VotingMembersGoverningBodyCnt022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$393,566
Liabilities
$218,418
Net assets
$175,148
Revenue
$664,304
Expenses
$759,967
Net income
-$95,663
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.37$0.35$1.36$1.37$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.22$0.36$0.90$0.87$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.21$0.33$0.65$0.62$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.14$0.29$0.72$0.64$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.16$0.21$0.47$0.43$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.22$0.18$0.66$0.76$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.21$0.27$0.68$0.68$0.00
2017Summary only. Only limited summary data is available for this year.$0.46$0.20$0.27$0.69$0.70$0.02
2016Summary only. Only limited summary data is available for this year.$0.56$0.28$0.28$0.74$0.72$0.01
2015Summary only. Only limited summary data is available for this year.$0.54$0.27$0.27$0.66$0.65$0.01
2014Summary only. Only limited summary data is available for this year.$0.49$0.24$0.26$0.70$0.68$0.02
2013Summary only. Only limited summary data is available for this year.$0.48$0.24$0.24$0.58$0.56$0.02
2012Summary only. Only limited summary data is available for this year.$0.37$0.16$0.22$0.65$0.58$0.07
2011Summary only. Only limited summary data is available for this year.$0.27$0.12$0.15$0.67$0.58$0.09