Liabilities / Assets
15th percentile
Higher debt load relative to assets than 15% of similar nonprofits.
990 • Fiscal year 2022 • EIN 63-0577301
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
15th percentile
Higher debt load relative to assets than 15% of similar nonprofits.
Liabilities / Revenue
20th percentile
Higher debt load relative to revenue than 20% of similar nonprofits.
Net Margin
84th percentile
Higher net margin than 84% of similar nonprofits.
Top Officer Pay
41st percentile
Higher top officer pay than 41% of similar nonprofits.
Top officer pay equals 29.6% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
26th percentile
Faster revenue growth than 26% of similar nonprofits.
Assets
Up$2,122,081
Up $82,443 (+4.0%) from 2021
Net Assets
Up$2,116,704
Up $81,506 (+4.0%) from 2021
Liabilities
Up$5,377
Up $937 (+21%) from 2021
Revenue
Down$382,417
Down $13,442 (-3.4%) from 2021
Expenses
Up$300,911
Up $27,100 (+9.9%) from 2021
Net Income
Down$81,506
Down $40,542 (-33%) from 2021
Economic development in morgan county, alabama
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,959,098 | $2,059,506 | ▲ $100,408 |
| Land, Buildings, and Equipment, Net | $47,586 | $36,971 | ▼ $10,615 |
| Cash and Non-Interest-Bearing Accounts | $30,207 | $23,087 | ▼ $7,120 |
| Accounts Receivable | $2,447 | $2,517 | ▲ $70 |
| Prepaid Expenses and Deferred Charges | $300 | - | - |
| Total Assets | $2,039,638 | $2,122,081 | ▲ $82,443 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $4,440 | $5,377 | ▲ $937 |
| Total Liabilities | $4,440 | $5,377 | ▲ $937 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,035,198 | $2,116,704 | ▲ $81,506 |
| Total Net Assets Fund Balance | $2,035,198 | $2,116,704 | ▲ $81,506 |
| Total Liabilities and Net Assets / Fund Balance | $2,039,638 | $2,122,081 | ▲ $82,443 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $36,971 | $103,988 | $140,959 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Jeremy W Nails | President | FT | $113,136 | $113,136 |
| Name | Title |
|---|---|
| Arthur Orr | Chairman |
| Kevin Corum | Vice Chairma |
| Bob Sittason | Member |
| Chris Howard | Member |
| Debi Hendershot | Member |
| Gary Livingston | Member |
| Greg Clemons | Member |
| Jimmy Ray Smith | Member |
| Kelli Powers | Member |
| Lynn C Fowler | Member |
| Mary Ila Ward | Member |
| Ray Hardin | Member |
| Wade Weaver | Member |
| Crystal Brown | Non-voting M |
| Missy Evans | Non-voting M |
| George Kitchens | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $161,824 |
| Other Expenses | $139,087 |
| Total Fundraising Expense | $44,284 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $64,317 | $48,238 | $16,080 | $128,635 |
| All Other Expenses | $19,548 | $12,733 | $6,820 | $39,101 |
| Occupancy | $12,750 | $9,562 | $3,188 | $25,500 |
| Depreciation Depletion | $6,411 | $1,923 | $4,487 | $12,821 |
| Other Employee Benefits | $6,046 | $4,233 | $1,814 | $12,093 |
| Pension Plan Contributions | $5,835 | $4,084 | $1,750 | $11,669 |
| Payroll Taxes | $4,714 | $3,299 | $1,414 | $9,427 |
| Other Expenses | $3,793 | $2,845 | $949 | $7,587 |
| Fees for Services Accounting | $3,293 | $2,634 | $658 | $6,585 |
| Total Functional Expenses | $150,454 | $106,173 | $44,284 | $300,911 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $300,911 |
| Total Expenses per Audited Statements | $300,911 |
| Total Expenses per Form 990 | $300,911 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Board members are provided a copy of the return prior to filing.”
“Each board member signs the statement and renews each year.”
“Board of directors determine all salaries”
“The board of directors determines all salaries.”
“No documents available to the public”
“The stimulation and promotion of the area provides existing business and new businesses opportunities to expand and locate in the area which benefits everyone in the community by bringing jobs and revenue.”
“Advertising & promotion 2,886 1,849 1,037 special projects 2,789 1,953 837 janitorial 2,784 2,088 696 equipment rental & mainte 2,640 1,849 792 insurance 2,608 1,956 652 professional services 2,500 1,000 1,500 telephone 1,358 951 408 utilities 1,073 430 644 supplies 911 642 269 taxes & assessments 146 88 58 automotive -147 -73 -73 total 19,548 12,733 6,820”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 4440 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 5377 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 2447 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 2517 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | ECONOMIC DEVELOPMENT IN MORGAN COUNTY, ALABAMA |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 6820 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 12733 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 19548 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 39101 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JEREMY W NAILS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2563531213 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 300 MARKET STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | DECATUR |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 35601 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 30207 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 23087 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 3244 |
| IRS990/CYOtherExpensesAmt | 0 | 139087 |
| IRS990/CYOtherRevenueAmt | 0 | 6653 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 372520 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 81506 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 161824 |
| IRS990/CYTotalExpensesAmt | 0 | 300911 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 44284 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 382417 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 4487 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 1923 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 6411 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 12821 |
| IRS990/Desc | 0 | THE STIMULATION AND PROMOTION OF THE AREA PROVIDES EXISTING BUSINESS AND NEW BUSINESSES OPPORTUNITIES TO EXPAND AND LOCATE IN THE AREA WHICH BENEFITS EVERYONE IN THE COMMUNITY BY BRINGING JOBS AND REVENUE. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/ExpenseAmt | 0 | 150454 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 658 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2634 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 3293 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 6585 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JEREMY W NAILS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CRYSTAL BROWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | GREG CLEMONS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | KEVIN CORUM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MISSY EVANS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LYNN C FOWLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DEBI HENDERSHOT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | RAY HARDIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | CHRIS HOWARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | GEORGE KITCHENS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | GARY LIVINGSTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | ARTHUR ORR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | KELLI POWERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | BOB SITTASON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | JIMMY RAY SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | WADE WEAVER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | MARY ILA WARD |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 113136 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | NON-VOTING M |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE CHAIRMA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | NON-VOTING M |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1969 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 14 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 382417 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 14 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 3244 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 3244 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 103988 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 47586 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 36971 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 140959 |
| IRS990/LegalDomicileStateCd | 0 | AL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | ECONOMIC DEVELOPMENT IN MORGAN COUNTY, ALABAMA |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2035198 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2116704 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2035198 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2116704 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 3188 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 9562 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 12750 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 25500 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 1814 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 4233 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 6046 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 12093 |
| IRS990/OtherExpensesGrp/Desc | 0 | COMMUNITY DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 1 | EXISTING INDUSTRY |
| IRS990/OtherExpensesGrp/Desc | 2 | MARKETING |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 3642 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 2240 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 1242 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 949 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 8497 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 5227 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 2898 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 2845 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 12140 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 7467 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 4140 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 3793 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 24279 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 14934 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 8280 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 7587 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 6653 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 6653 |
| IRS990/OtherRevenueTotalAmt | 0 | 6653 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 16080 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 48238 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 64317 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 128635 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 1414 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 3299 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 4714 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 9427 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 1750 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 4084 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 5835 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 11669 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 300 |
| IRS990/PrincipalOfficerNm | 0 | JEREMY W NAILS |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MEMBERSHIP DUES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 372520 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 372520 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | THE STIMULATION AND PROMOTION OF THE AREA PROVIDES EXISTING BUSINESS AND NEW BUSINESSES OPPORTUNITIES TO EXPAND AND LOCATE IN THE AREA WHICH BENEFITS EVERYONE IN THE COMMUNITY BY BRINGING JOBS AND REVENUE. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 20000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 3694 |
| IRS990/PYOtherExpensesAmt | 0 | 111804 |
| IRS990/PYOtherRevenueAmt | 0 | 94 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 372071 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 122048 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 162007 |
| IRS990/PYTotalExpensesAmt | 0 | 273811 |
| IRS990/PYTotalRevenueAmt | 0 | 395859 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 81506 |
| 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/RevenueAmt | 0 | 372520 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1959098 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2059506 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | false |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | true |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 36971 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 103988 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 140959 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 300911 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 382417 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 36971 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 300911 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 382417 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 382417 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 300911 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | false |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE STIMULATION AND PROMOTION OF THE AREA PROVIDES EXISTING BUSINESS AND NEW BUSINESSES OPPORTUNITIES TO EXPAND AND LOCATE IN THE AREA WHICH BENEFITS EVERYONE IN THE COMMUNITY BY BRINGING JOBS AND REVENUE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BOARD MEMBERS ARE PROVIDED A COPY OF THE RETURN PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EACH BOARD MEMBER SIGNS THE STATEMENT AND RENEWS EACH YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BOARD OF DIRECTORS DETERMINE ALL SALARIES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE BOARD OF DIRECTORS DETERMINES ALL SALARIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | ADVERTISING & PROMOTION 2,886 1,849 1,037 SPECIAL PROJECTS 2,789 1,953 837 JANITORIAL 2,784 2,088 696 EQUIPMENT RENTAL & MAINTE 2,640 1,849 792 INSURANCE 2,608 1,956 652 PROFESSIONAL SERVICES 2,500 1,000 1,500 TELEPHONE 1,358 951 408 UTILITIES 1,073 430 644 SUPPLIES 911 642 269 TAXES & ASSESSMENTS 146 88 58 AUTOMOTIVE -147 -73 -73 TOTAL 19,548 12,733 6,820 |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IX, LINE 24E |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | true |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 2039638 |
| IRS990/TotalAssetsEOYAmt | 0 | 2122081 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2039638 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2122081 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 4 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 44284 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 106173 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 150454 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 300911 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 4440 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 5377 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 4440 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 5377 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2035198 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2116704 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 150454 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 372520 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 113136 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 9897 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 372520 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 382417 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2039638 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2122081 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 300 MARKET STREET NW |
| IRS990/USAddress/CityNm | 0 | DECATUR |
| IRS990/USAddress/StateAbbreviationCd | 0 | AL |
| IRS990/USAddress/ZIPCd | 0 | 35601 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 14 |
| IRS990/VotingMembersIndependentCnt | 0 | 14 |
| IRS990/WebsiteAddressTxt | 0 | WWW.MCEDA.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JEREMY W NAILS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2563531213 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-03-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ECONOMIC DEVELOPMENT ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ECON |
| ReturnHeader/Filer/EIN | 0 | 630577301 |
| ReturnHeader/Filer/PhoneNum | 0 | 2563531213 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 300 MARKET STREET NE SUITE 2 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | DECATUR |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 35601 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 631019234 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BYRD SMALLEY & ADAMS PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 2179 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DECATUR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 356022179 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.