Civic Intelligence

Economic Development Association of Alabama Inc

990 • Fiscal year 2015 • EIN 63-0886994

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 08, 2016

Organization ProfileWWW.EDAA.ORG

View Organization Page

Refreshing map…

2 North Jackson Street Suite 302Montgomery, AL 36104

(334) 358-7401

Siviq Scores

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

Liabilities / Assets

46th percentile

0.06x

Higher debt load relative to assets than 46% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

41st percentile

0.04x

Higher debt load relative to revenue than 41% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Net Margin

45th percentile

2.2%

Higher net margin than 45% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

86th percentile

$144,946

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 21.9% of source-year revenue.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Asset Growth

44th percentile

1.4%

Faster asset growth than 44% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

84th percentile

20%

Faster revenue growth than 84% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$400,592

Up $5,479 (+1.4%) from 2014

Net Assets

Up

$375,734

Up $14,680 (+4.1%) from 2014

Liabilities

Down

$24,858

Down $9,201 (-27%) from 2014

Revenue And Expenses
Liabilities / Revenue41st percentileNet Margin45th percentile

Revenue

Up

$661,729

Up $112,346 (+20%) from 2014

Expenses

Up

$647,049

Up $26,376 (+4.2%) from 2014

Net Income

Up

$14,680

Up $85,970 (+121%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$1.0M$500K$0Assets 2010: $270,642Liabilities 2010: $4,158Net Assets 2010: $266,4842010Assets 2011: $328,830Liabilities 2011: $4,292Net Assets 2011: $324,5382011Assets 2012: $292,034Liabilities 2012: $16,061Net Assets 2012: $275,9732012Assets 2013: $467,346Liabilities 2013: $35,002Net Assets 2013: $432,3442013Assets 2014: $395,113Liabilities 2014: $34,059Net Assets 2014: $361,0542014Assets 2015: $400,592Liabilities 2015: $24,858Net Assets 2015: $375,7342015Assets 2016: $502,033Liabilities 2016: $13,351Net Assets 2016: $488,6822016Assets 2017: $405,438Liabilities 2017: $6,450Net Assets 2017: $398,9882017Assets 2018: $421,959Liabilities 2018: $4,672Net Assets 2018: $417,2872018Assets 2019: $717,806Liabilities 2019: $36,720Net Assets 2019: $681,0862019Assets 2020: $605,057Liabilities 2020: $228,228Net Assets 2020: $376,8292020Assets 2021: $583,502Liabilities 2021: $263,789Net Assets 2021: $319,7132021Assets 2022: $775,092Liabilities 2022: $335,088Net Assets 2022: $440,0042022Assets 2023: $866,538Liabilities 2023: $360,098Net Assets 2023: $506,4402023Assets 2024: $988,984Liabilities 2024: $412,626Net Assets 2024: $576,3582024

Highlighted filing

2015

Assets$400,592
Liabilities$24,858
Net Assets$375,734
Open 2015 Filing

Operations Trend

Revenue Growth84th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $491,6122010Expenses 2011: $480,3292011Revenue 2012: $493,379Expenses 2012: $541,944Net Income 2012: -$48,5652012Revenue 2013: $626,115Expenses 2013: $490,078Net Income 2013: $136,0372013Revenue 2014: $549,383Expenses 2014: $620,673Net Income 2014: -$71,2902014Revenue 2015: $661,729Expenses 2015: $647,049Net Income 2015: $14,6802015Revenue 2016: $750,135Expenses 2016: $637,187Net Income 2016: $112,9482016Revenue 2017: $667,796Expenses 2017: $757,490Net Income 2017: -$89,6942017Revenue 2018: $801,767Expenses 2018: $783,468Net Income 2018: $18,2992018Revenue 2019: $991,052Expenses 2019: $727,253Net Income 2019: $263,7992019Revenue 2020: $938,483Expenses 2020: $882,402Net Income 2020: $56,0812020Revenue 2021: $631,006Expenses 2021: $688,122Net Income 2021: -$57,1162021Revenue 2022: $1,007,717Expenses 2022: $887,426Net Income 2022: $120,2912022Revenue 2023: $1,151,069Expenses 2023: $1,084,633Net Income 2023: $66,4362023Revenue 2024: $1,185,041Expenses 2024: $1,115,123Net Income 2024: $69,9182024

Highlighted filing

2015

Revenue$661,729
Expenses$647,049
Net Income$14,680
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 8, 2016
Return Version
2015v2.1
Gross Receipts
$661,729
Mission and Program Overview

Mission

Edaa will purposefully advocate issues which can positively impact the economic development community and profession in alabama through legislation and professional development.

Economic development education

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$361,054$375,734▲ $14,680
Savings and Temporary Cash Investments$286,250$286,657▲ $407
Cash and Non-Interest-Bearing Accounts$77,105$88,893▲ $11,788
Land, Buildings, and Equipment, Net$31,758$25,042▼ $6,716
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$395,113$400,592▲ $5,479
Liabilities
Mortgage Notes Payable Secured by Investment Property$28,047$21,335▼ $6,712
Other Liabilities$6,012$3,523▼ $2,489
Total Liabilities$34,059$24,858▼ $9,201
Net Assets / Fund Balance
Total Net Assets Fund Balance$361,054$375,734▲ $14,680
Total Liabilities and Net Assets / Fund Balance$395,113$400,592▲ $5,479

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$19,122$17,889$37,011
Equipment$5,920$7,685$13,605
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jim SearcyExecutive DirectorFT$124,169$20,777$144,946

Board Members and Trustees

NameTitle
Hollie PeggImmediate Past President
Lori HuguleyPresident
Greg KnightonFirst Vice-president
Lee LawsonSecond Vice-president
Cindy BurnsBoard Member
David HutchisonBoard Member
David KnightBoard Member
Eric BasingerBoard Member
Justice SmythBoard Member
Lucia CapeBoard Member
Mike GrimBoard Member
Warren HicksBoard Member
Patrick MurphySecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$656,158
Investment Income
$406
Other Revenue
$5,165
Change in Net Assets
$14,680
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$423,654
Salaries, Compensation, and Employee Benefits$223,395
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$264,658
Current Officers, Directors, Trustees, and Key Employees---$144,946
Other Salaries and Wages---$49,496
Occupancy---$30,657
Payroll Taxes---$15,057
Office Expenses---$12,093
Fees for Services Accounting---$10,061
Depreciation Depletion---$8,652
Travel---$8,614
Other Employee Benefits---$7,890
All Other Expenses---$6,906
Pension Plan Contributions---$6,006
Other Expenses---$5,409
Interest---$1,690
Total Functional Expenses$0$0$0$647,049
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$46,979
Current Year Nondeductible Lobbying and Political Cost$35,428
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$3,523
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
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 6

“The organization has members who pay annual dues.”

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

“The members elect the board of directors.”

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

“In certain instances, decisions made by management are subject to member approval.”

Form 990, Part VI, Section B, Line 11

“There is no formal review by the board of directors prior to filing form 990.”

Form 990, Part VI, Section B, Line 15

“The process for determining compensation of the organization's top officials is subject to an industry comparison which is approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The organization does not make its governing documents or financial statements available to the public.”

Filing and Contact Details

Filer

Filer Name
Economic Development Association
EIN
63-0886994
Phone
3343587401
Address
2 NORTH JACKSON STREET SUITE 302, MONTGOMERY, AL 36104

Signing Officer

Name
Jim Searcy
Title
Executive Director
Phone
3343587401
Signed
2016-09-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Searcy
Formed
1996
Legal Domicile
Al
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
0

Preparer

Firm
Carr Riggs & Ingram LLC
Address
7550 HALCYON SUMMIT DRIVE, MONTGOMERY, AL 36117
Preparer
M Chad Singletary CPA
Phone
3342716678
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The association follows the provisions of fasb asc (accounting standards codification) no. 740, accounting for uncertainty in income taxes. As a result, the association has not recognized any respective liability for unrecognized tax benefits as it has no known tax positions that would subject the association to any material income tax exposure. The tax years that remain subject to examination are the periods beginning on january 1, 2012 for all major tax jurisdictions.”

Raw XML Appendix392 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/AccountantCompileOrReviewInd01
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ECONOMIC DEVELOPMENT EDUCATION
IRS990/AllOtherExpensesGrp/TotalAmt06906
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0REGINA PICKRON EXECUTIVE ASSISTANT
IRS990/BooksInCareOfDetail/PhoneNum03343587401
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02 NORTH JACKSON STREET SUITE 302
IRS990/BooksInCareOfDetail/USAddress/CityNm0MONTGOMERY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd036104
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt077105
IRS990/CashNonInterestBearingGrp/EOYAmt088893
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0144946
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt0264658
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0406
IRS990/CYOtherExpensesAmt0423654
IRS990/CYOtherRevenueAmt05165
IRS990/CYProgramServiceRevenueAmt0656158
IRS990/CYRevenuesLessExpensesAmt014680
IRS990/CYSalariesCompEmpBnftPaidAmt0223395
IRS990/CYTotalExpensesAmt0647049
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0661729
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt08652
IRS990/Desc0CONFERENCES AND WORKSHOPS PROVIDE MEMBERS WITH INCREASED KNOWLEDGE OF ECONOMIC DEVELOPMENT METHODS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt010061
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1320777
IRS990/Form990PartVIISectionAGrp/PersonNm0LORI HUGULEY
IRS990/Form990PartVIISectionAGrp/PersonNm1GREG KNIGHTON
IRS990/Form990PartVIISectionAGrp/PersonNm2LEE LAWSON
IRS990/Form990PartVIISectionAGrp/PersonNm3PATRICK MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm4HOLLIE PEGG
IRS990/Form990PartVIISectionAGrp/PersonNm5ERIC BASINGER
IRS990/Form990PartVIISectionAGrp/PersonNm6CINDY BURNS
IRS990/Form990PartVIISectionAGrp/PersonNm7LUCIA CAPE
IRS990/Form990PartVIISectionAGrp/PersonNm8MIKE GRIM
IRS990/Form990PartVIISectionAGrp/PersonNm9WARREN HICKS
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID HUTCHISON
IRS990/Form990PartVIISectionAGrp/PersonNm11DAVID KNIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm12JUSTICE SMYTH
IRS990/Form990PartVIISectionAGrp/PersonNm13JIM SEARCY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13124169
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1FIRST VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECOND VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0661729
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/TotalAmt01690
IRS990/InvestmentIncomeGrp/ExclusionAmt0406
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0406
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt025574
IRS990/LandBldgEquipBasisNetGrp/BOYAmt031758
IRS990/LandBldgEquipBasisNetGrp/EOYAmt025042
IRS990/LandBldgEquipCostOrOtherBssAmt050616
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ECONOMIC DEVELOPMENT EDUCATION
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt028047
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt021335
IRS990/NetAssetsOrFundBalancesBOYAmt0361054
IRS990/NetAssetsOrFundBalancesEOYAmt0375734
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt030657
IRS990/OfficeExpensesGrp/TotalAmt012093
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07890
IRS990/OtherExpensesGrp/Desc0LEGISLATIVE EXPENSE
IRS990/OtherExpensesGrp/Desc1RETAIL COMMITTEE EXPENS
IRS990/OtherExpensesGrp/Desc2AUTO EXPENSE
IRS990/OtherExpensesGrp/Desc3WEBSITE DEVELOPMENT
IRS990/OtherExpensesGrp/TotalAmt035428
IRS990/OtherExpensesGrp/TotalAmt126140
IRS990/OtherExpensesGrp/TotalAmt213346
IRS990/OtherExpensesGrp/TotalAmt35409
IRS990/OtherLiabilitiesGrp/BOYAmt06012
IRS990/OtherLiabilitiesGrp/EOYAmt03523
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05165
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05165
IRS990/OtherRevenueTotalAmt05165
IRS990/OtherSalariesAndWagesGrp/TotalAmt049496
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt015057
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt06006
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JIM SEARCY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCES/WORKSHOPS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2RETAIL COMMITTEE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0393553
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1233505
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt229100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0393553
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1233505
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt229100
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0347
IRS990/PYOtherExpensesAmt0407764
IRS990/PYOtherRevenueAmt060
IRS990/PYProgramServiceRevenueAmt0548976
IRS990/PYRevenuesLessExpensesAmt0-71290
IRS990/PYSalariesCompEmpBnftPaidAmt0212909
IRS990/PYTotalExpensesAmt0620673
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0549383
IRS990/ReconcilationRevenueExpnssAmt014680
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0361054
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0375734
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0286250
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0286657
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt029126
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/CarriedOverAmt017853
IRS990ScheduleC/DuesAssessmentsAmt0116505
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt011551
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt035428
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt046979
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt05920
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07685
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt013605
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt019122
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017889
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt037011
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03523
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION FOLLOWS THE PROVISIONS OF FASB ASC (ACCOUNTING STANDARDS CODIFICATION) NO. 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AS A RESULT, THE ASSOCIATION HAS NOT RECOGNIZED ANY RESPECTIVE LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS IT HAS NO KNOWN TAX POSITIONS THAT WOULD SUBJECT THE ASSOCIATION TO ANY MATERIAL INCOME TAX EXPOSURE. THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION ARE THE PERIODS BEGINNING ON JANUARY 1, 2012 FOR ALL MAJOR TAX JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025042
IRS990ScheduleD/TotalLiabilityAmt03523
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS WHO PAY ANNUAL DUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN CERTAIN INSTANCES, DECISIONS MADE BY MANAGEMENT ARE SUBJECT TO MEMBER APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE IS NO FORMAL REVIEW BY THE BOARD OF DIRECTORS PRIOR TO FILING FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S TOP OFFICIALS IS SUBJECT TO AN INDUSTRY COMPARISON WHICH IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0395113
IRS990/TotalAssetsEOYAmt0400592
IRS990/TotalAssetsGrp/BOYAmt0395113
IRS990/TotalAssetsGrp/EOYAmt0400592
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/TotalAmt0647049
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034059
IRS990/TotalLiabilitiesEOYAmt024858
IRS990/TotalLiabilitiesGrp/BOYAmt034059
IRS990/TotalLiabilitiesGrp/EOYAmt024858
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0361054
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0375734
IRS990/TotalOtherCompensationAmt020777
IRS990/TotalProgramServiceRevenueAmt0656158
IRS990/TotalReportableCompFromOrgAmt0124169
IRS990/TotalRevenueGrp/ExclusionAmt0406
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0661323
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0661729
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0395113
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0400592
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt08614
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02 NORTH JACKSON STREET SUITE 302
IRS990/USAddress/CityNm0MONTGOMERY
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036104
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.EDAA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM SEARCY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03343587401
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ECONOMIC DEVELOPMENT ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF ALABAMA INC
ReturnHeader/Filer/BusinessNameControlTxt0ECON
ReturnHeader/Filer/EIN0630886994
ReturnHeader/Filer/PhoneNum03343587401
ReturnHeader/Filer/USAddress/AddressLine1Txt02 NORTH JACKSON STREET SUITE 302
ReturnHeader/Filer/USAddress/CityNm0MONTGOMERY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036104
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721396621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARR RIGGS & INGRAM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07550 HALCYON SUMMIT DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MONTGOMERY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd036117
ReturnHeader/PreparerPersonGrp/PhoneNum03342716678
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0M CHAD SINGLETARY CPA
ReturnHeader/ReturnTs02016-09-09T11:24:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$400,592
Liabilities
$24,858
Net assets
$375,734
Revenue
$661,729
Expenses
$647,049
Net income
$14,680
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.41$0.58$1.19$1.12$0.07
2023Summary only. Only limited summary data is available for this year.$0.87$0.36$0.51$1.15$1.08$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.34$0.44$1.01$0.89$0.12
2021Summary only. Only limited summary data is available for this year.$0.58$0.26$0.32$0.63$0.69$0.06
2020Summary only. Only limited summary data is available for this year.$0.61$0.23$0.38$0.94$0.88$0.06
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.04$0.68$0.99$0.73$0.26
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.00$0.42$0.80$0.78$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.01$0.40$0.67$0.76$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.01$0.49$0.75$0.64$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.02$0.38$0.66$0.65$0.01
2014Summary only. Only limited summary data is available for this year.$0.40$0.03$0.36$0.55$0.62$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.47$0.04$0.43$0.63$0.49$0.14
2012Summary only. Only limited summary data is available for this year.$0.29$0.02$0.28$0.49$0.54$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.00$0.32$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$0.49
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)6 • $500k-$1M nonprofits