Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
990 • Fiscal year 2024 • EIN 63-0577301
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
Liabilities / Revenue
83rd percentile
Higher debt load relative to revenue than 83% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
29th percentile
Higher top officer pay than 29% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
44th percentile
Faster revenue growth than 44% of similar nonprofits.
Assets
Up$2,593,491
Up $132,217 (+5.4%) from 2023
Net Assets
Up$2,350,446
Up $131,861 (+5.9%) from 2023
Liabilities
Up$243,045
Up $356 (+0.1%) from 2023
Revenue
Up$467,770
Up $19,553 (+4.4%) from 2023
Expenses
Down$335,909
Down $10,427 (-3.0%) from 2023
Net Income
Up$131,861
Up $29,980 (+29%) from 2023
Economic development in morgan county, alabama
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $2,182,370 | $2,287,761 | ▲ $105,391 |
| Cash and Non-Interest-Bearing Accounts | $18,776 | $26,272 | ▲ $7,496 |
| Accounts Receivable | $3,412 | $22,026 | ▲ $18,614 |
| Land, Buildings, and Equipment, Net | $24,003 | $15,090 | ▼ $8,913 |
| Prepaid Expenses and Deferred Charges | - | $6,438 | - |
| Total Assets | $2,461,274 | $2,593,491 | ▲ $132,217 |
| Other Assets Total | $232,713 | $235,904 | ▲ $3,191 |
| Liabilities | |||
| Other Liabilities | $234,580 | $187,371 | ▼ $47,209 |
| Accounts Payable and Accrued Expenses | $8,109 | $55,674 | ▲ $47,565 |
| Total Liabilities | $242,689 | $243,045 | ▲ $356 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,218,585 | $2,350,446 | ▲ $131,861 |
| Total Net Assets Fund Balance | $2,218,585 | $2,350,446 | ▲ $131,861 |
| Total Liabilities and Net Assets / Fund Balance | $2,461,274 | $2,593,491 | ▲ $132,217 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $15,090 | $62,231 | $77,321 |
| Equipment | - | $61,434 | $61,434 |
| Other Assets Org | $50,000 | - | - |
| Name | Title |
|---|---|
| Arthur Orr | Chairman |
| Jeremy W Nails | President |
| Kevin Corum | Vice Chairma |
| Bob Sittason | Member |
| Chris Howard | Member |
| Gary Livingston | Member |
| Gene Kanikovsky | Member |
| Jimmy Ray Smith | Member |
| John Holley | Member |
| Kelli Powers | Member |
| Ray Hardin | Member |
| Stewart Smallwood | Member |
| Wade Weaver | Member |
| Crystal Brown | Non-voting M |
| Jasmine Sanderfer | Non-voting M |
| Mary Ila Ward | Secretary |
| Greg Clemons | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $183,230 |
| Other Expenses | $152,679 |
| Total Fundraising Expense | $48,450 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $72,260 | $54,194 | $18,064 | $144,518 |
| All Other Expenses | $15,706 | $10,281 | $5,422 | $31,409 |
| Occupancy | $13,470 | $10,103 | $3,368 | $26,941 |
| Other Employee Benefits | $7,372 | $5,160 | $2,212 | $14,744 |
| Pension Plan Contributions | $6,768 | $4,737 | $2,030 | $13,535 |
| Depreciation Depletion | $5,680 | $1,704 | $3,976 | $11,360 |
| Payroll Taxes | $5,217 | $3,652 | $1,564 | $10,433 |
| Fees for Services Accounting | $4,616 | $3,692 | $923 | $9,231 |
| Other Expenses | $3,389 | $2,541 | $847 | $6,777 |
| Total Functional Expenses | $167,958 | $119,501 | $48,450 | $335,909 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $335,909 |
| Total Expenses per Audited Statements | $335,909 |
| Total Expenses per Form 990 | $335,909 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Operating Lease Liability | $187,371 |
“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.”
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 | 8109 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 55674 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 3412 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 22026 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | ECONOMIC DEVELOPMENT IN MORGAN COUNTY, ALABAMA |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 5422 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 10281 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 15706 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 31409 |
| 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 | 18776 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 26272 |
| 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 | 90287 |
| IRS990/CYOtherExpensesAmt | 0 | 152679 |
| IRS990/CYOtherRevenueAmt | 0 | 6113 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 371370 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 131861 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 183230 |
| IRS990/CYTotalExpensesAmt | 0 | 335909 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 48450 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 467770 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 3976 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 1704 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 5680 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 11360 |
| 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 | 167958 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 923 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3692 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 4616 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 9231 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| 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/OfficerInd | 4 | 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 | CRYSTAL BROWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | GREG CLEMONS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | KEVIN CORUM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RAY HARDIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JOHN HOLLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | CHRIS HOWARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | GENE KANIKOVSKY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | GARY LIVINGSTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | ARTHUR ORR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | KELLI POWERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JASMINE SANDERFER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | BOB SITTASON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | STEWART SMALLWOOD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | JIMMY RAY SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | WADE WEAVER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | MARY ILA WARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | JEREMY W NAILS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| 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 | NON-VOTING M |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIRMA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | NON-VOTING M |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | PRESIDENT |
| 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 | 467770 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 14 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 90287 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 90287 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 123665 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 24003 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 15090 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 138755 |
| 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 | 2218585 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2350446 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2218585 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2350446 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 3368 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 10103 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 13470 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 26941 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 232713 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 235904 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 2212 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 5160 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 7372 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 14744 |
| IRS990/OtherExpensesGrp/Desc | 0 | MARKETING |
| IRS990/OtherExpensesGrp/Desc | 1 | COMMUNITY DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 2 | EXISTING INDUSTRY |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 4038 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 3966 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 2040 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 847 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 9421 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 9255 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 4761 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 2541 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 13460 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 13220 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 6800 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 3389 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 26919 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 26441 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 13601 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 6777 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 234580 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 187371 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 6113 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 6113 |
| IRS990/OtherRevenueTotalAmt | 0 | 6113 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 18064 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 54194 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 72260 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 144518 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 1564 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 3652 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 5217 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 10433 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 2030 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 4737 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 6768 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 13535 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 6438 |
| IRS990/PrincipalOfficerNm | 0 | JEREMY W NAILS |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MEMBERSHIP DUES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 371370 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 371370 |
| 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/PYInvestmentIncomeAmt | 0 | 54469 |
| IRS990/PYOtherExpensesAmt | 0 | 169872 |
| IRS990/PYOtherRevenueAmt | 0 | 22128 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 371620 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 101881 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 176464 |
| IRS990/PYTotalExpensesAmt | 0 | 346336 |
| IRS990/PYTotalRevenueAmt | 0 | 448217 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 131861 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 371370 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 2182370 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2287761 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | false |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | true |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 61434 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 61434 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 335909 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 185904 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 50000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | OPERATING LEASE ROU ASSET |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | EARNEST MONEY |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 15090 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 62231 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 77321 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 187371 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | OPERATING LEASE LIABILITY |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 467770 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 15090 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 235904 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 335909 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 187371 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 467770 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 467770 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 335909 |
| 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/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 |
| 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 | 2461274 |
| IRS990/TotalAssetsEOYAmt | 0 | 2593491 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2461274 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2593491 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 4 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 48450 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 119501 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 167958 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 335909 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 242689 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 243045 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 242689 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 243045 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2218585 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2350446 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 167958 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 371370 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 96400 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 371370 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 467770 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2461274 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2593491 |
| 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 | 2025-03-06 01:10:19Z |
| 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 | 2025-02-06 |
| 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 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.