Civic Intelligence

Economic Development Association of Alabama Inc

990 • Fiscal year 2018 • EIN 63-0886994

Jan 01, 2018 to Dec 31, 2018 • Filed on May 31, 2019

Refreshing map…

2 North Jackson Street Suite 302Montgomery, AL 36104

(334) 676-2085

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

29th percentile

0.01x

Higher debt load relative to revenue than 29% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Net Margin

44th percentile

2.3%

Higher net margin than 44% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

86th percentile

$144,805

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 18.1% of source-year revenue.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Asset Growth

53rd percentile

4.1%

Faster asset growth than 53% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

83rd percentile

20%

Faster revenue growth than 83% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$421,959

Up $16,521 (+4.1%) from 2017

Net Assets

Up

$417,287

Up $18,299 (+4.6%) from 2017

Liabilities

Down

$4,672

Down $1,778 (-28%) from 2017

Revenue

Up

$801,767

Up $133,971 (+20%) from 2017

Expenses

Up

$783,468

Up $25,978 (+3.4%) from 2017

Net Income

Up

$18,299

Up $107,993 (+120%) from 2017

Historical Trend

Balance Sheet Trend

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

2018

Assets$421,959
Liabilities$4,672
Net Assets$417,287

Operations Trend

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

2018

Revenue$801,767
Expenses$783,468
Net Income$18,299
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 31, 2019
Return Version
2018v3.1
Gross Receipts
$801,767
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$398,988$417,287▲ $18,299
Savings and Temporary Cash Investments$287,481$287,833▲ $352
Cash and Non-Interest-Bearing Accounts$109,606$126,007▲ $16,401
Accounts Receivable-$5,000-
Land, Buildings, and Equipment, Net$8,351$3,119▼ $5,232
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$405,438$421,959▲ $16,521
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,828--
Accounts Payable and Accrued Expenses$1,622$4,672▲ $3,050
Total Liabilities$6,450$4,672▼ $1,778
Net Assets / Fund Balance
Total Net Assets Fund Balance$398,988$417,287▲ $18,299
Total Liabilities and Net Assets / Fund Balance$405,438$421,959▲ $16,521

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$37,011$37,011
Equipment$3,119$11,406$14,525
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jim SearcyExecutive DirectorFT$125,621$19,184$144,805

Board Members and Trustees

NameTitle
Lee LawsonImmediate Past President
Patrick MurphyPresident
David KnightFirst Vice President
Megan Mcgowen CrouchSecond Vice President
Angela SmithBoard Member
Jamie TroutmanBoard Member
Jeff RabrenBoard Member
Jeff TraywickBoard Member
Kimberly CarterBoard Member
Mike SwinsonBoard Member
Tanya MaloneyBoard Member
Taylor WilliamsBoard Member
Brooks KrackeSecretary-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$801,415
Investment Income
$352
Other Revenue
$0
Change in Net Assets
$18,299
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$558,665
Salaries, Compensation, and Employee Benefits$224,803
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$312,616
Current Officers, Directors, Trustees, and Key Employees---$144,805
Other Salaries and Wages---$44,671
Fees for Services Accounting---$30,011
Office Expenses---$29,363
Occupancy---$27,839
Other Employee Benefits---$17,146
Payroll Taxes---$13,380
Other Expenses---$8,344
Depreciation Depletion---$6,286
Travel---$6,175
All Other Expenses---$5,271
Information Technology---$4,990
Pension Plan Contributions---$4,801
Insurance---$2,757
Interest---$73
Total Functional Expenses$0$0$0$783,468
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$115,694
Current Year Nondeductible Lobbying and Political Cost$81,868
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 11B

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
3346762085
Address
2 NORTH JACKSON STREET SUITE 302, MONTGOMERY, AL 36104

Signing Officer

Name
Jim Searcy
Title
Executive Director
Phone
3346762085
Signed
2019-05-31
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
3
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, edaa has not recognized any respective liability for unrecognized tax benefits as it has no known tax positions that would subject edaa to any material income tax exposure. The tax years that remain subject to examination are the periods beginning on january 1, 2015 for all major tax jurisdictions.

Raw XML Appendix400 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/AccountsPayableAccrExpnssGrp/BOYAmt01622
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04672
IRS990/AccountsReceivableGrp/EOYAmt05000
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0EDAA WILL PURPOSEFULLY ADVOCATE ISSUES WHICH CAN POSITIVELY IMPACT THE ECONOMIC DEVELOPMENT COMMUNITY AND PROFESSION IN ALABAMA THROUGH LEGISLATION AND PROFESSIONAL DEVELOPMENT.
IRS990/AllOtherExpensesGrp/TotalAmt05271
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JIM SEARCY
IRS990/BooksInCareOfDetail/PhoneNum03346762085
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/BOYAmt0109606
IRS990/CashNonInterestBearingGrp/EOYAmt0126007
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0144805
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt0312616
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0352
IRS990/CYOtherExpensesAmt0558665
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0801415
IRS990/CYRevenuesLessExpensesAmt018299
IRS990/CYSalariesCompEmpBnftPaidAmt0224803
IRS990/CYTotalExpensesAmt0783468
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0801767
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt06286
IRS990/Desc0CONFERENCES AND WORKSHOPS PROVIDE MEMBERS WITH INCREASED KNOWLEDGE OF ECONOMIC DEVELOPMENT METHODS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt030011
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/OtherCompensationAmt1319184
IRS990/Form990PartVIISectionAGrp/PersonNm0KIMBERLY CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm1TANYA MALONEY
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF RABREN
IRS990/Form990PartVIISectionAGrp/PersonNm3ANGELA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4MIKE SWINSON
IRS990/Form990PartVIISectionAGrp/PersonNm5JEFF TRAYWICK
IRS990/Form990PartVIISectionAGrp/PersonNm6JAMIE TROUTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7TAYLOR WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm8PATRICK MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID KNIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm10MEGAN MCGOWEN CROUCH
IRS990/Form990PartVIISectionAGrp/PersonNm11BROOKS KRACKE
IRS990/Form990PartVIISectionAGrp/PersonNm12LEE LAWSON
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/ReportableCompFromOrgAmt13125621
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/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9FIRST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECOND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12IMMEDIATE PAST PRESIDENT
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/GrossReceiptsAmt0801767
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt04990
IRS990/InsuranceGrp/TotalAmt02757
IRS990/InterestGrp/TotalAmt073
IRS990/InvestmentIncomeGrp/ExclusionAmt0352
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0352
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt048417
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08351
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03119
IRS990/LandBldgEquipCostOrOtherBssAmt051536
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EDAA WILL PURPOSEFULLY ADVOCATE ISSUES WHICH CAN POSITIVELY IMPACT THE ECONOMIC DEVELOPMENT COMMUNITY AND PROFESSION IN ALABAMA THROUGH LEGISLATION AND PROFESSIONAL DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04828
IRS990/NetAssetsOrFundBalancesBOYAmt0398988
IRS990/NetAssetsOrFundBalancesEOYAmt0417287
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt027839
IRS990/OfficeExpensesGrp/TotalAmt029363
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017146
IRS990/OtherExpensesGrp/Desc0LEGISLATIVE EXPENSE
IRS990/OtherExpensesGrp/Desc1RETAIL COMMITTEE EXPENS
IRS990/OtherExpensesGrp/Desc2PUBLIC RELATIONS
IRS990/OtherExpensesGrp/Desc3AUTO EXPENSE
IRS990/OtherExpensesGrp/TotalAmt081868
IRS990/OtherExpensesGrp/TotalAmt122146
IRS990/OtherExpensesGrp/TotalAmt220926
IRS990/OtherExpensesGrp/TotalAmt38344
IRS990/OtherSalariesAndWagesGrp/TotalAmt044671
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt013380
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt04801
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JIM SEARCY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCES/WORKSHOPS
IRS990/ProgramServiceRevenueGrp/Desc1CONTINUING SPONSORS
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc3RETAIL COMMITTEE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0464665
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1160750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2144250
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt331750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0464665
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1160750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2144250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt331750
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0415
IRS990/PYOtherExpensesAmt0553379
IRS990/PYOtherRevenueAmt01000
IRS990/PYProgramServiceRevenueAmt0666381
IRS990/PYRevenuesLessExpensesAmt0-89694
IRS990/PYSalariesCompEmpBnftPaidAmt0204111
IRS990/PYTotalExpensesAmt0757490
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0667796
IRS990/ReconcilationRevenueExpnssAmt018299
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0398988
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0417287
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0287481
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0287833
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt043275
IRS990ScheduleC/AgreeCarryoverPriorYearInd01
IRS990ScheduleC/CarriedOverAmt072419
IRS990ScheduleC/DuesAssessmentsAmt0144250
IRS990ScheduleC/Form1120POLFiledInd00
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt033826
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt081868
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0115694
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03119
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011406
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014525
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt037011
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt037011
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION FOLLOWS THE PROVISIONS OF FASB ASC (ACCOUNTING STANDARDS CODIFICATION) NO. 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AS A RESULT, EDAA HAS NOT RECOGNIZED ANY RESPECTIVE LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS IT HAS NO KNOWN TAX POSITIONS THAT WOULD SUBJECT EDAA TO ANY MATERIAL INCOME TAX EXPOSURE. THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION ARE THE PERIODS BEGINNING ON JANUARY 1, 2015 FOR ALL MAJOR TAX JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03119
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 11B
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0405438
IRS990/TotalAssetsEOYAmt0421959
IRS990/TotalAssetsGrp/BOYAmt0405438
IRS990/TotalAssetsGrp/EOYAmt0421959
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt0783468
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06450
IRS990/TotalLiabilitiesEOYAmt04672
IRS990/TotalLiabilitiesGrp/BOYAmt06450
IRS990/TotalLiabilitiesGrp/EOYAmt04672
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0398988
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0417287
IRS990/TotalOtherCompensationAmt019184
IRS990/TotalProgramServiceRevenueAmt0801415
IRS990/TotalReportableCompFromOrgAmt0125621
IRS990/TotalRevenueGrp/ExclusionAmt0352
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0801415
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0801767
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0405438
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0421959
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt06175
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM SEARCY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03346762085
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ECONOMIC DEVELOPMENT ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF ALABAMA INC
ReturnHeader/Filer/BusinessNameControlTxt0ECON
ReturnHeader/Filer/EIN0630886994
ReturnHeader/Filer/PhoneNum03346762085
ReturnHeader/Filer/USAddress/AddressLine1Txt02 NORTH JACKSON STREET SUITE 302
ReturnHeader/Filer/USAddress/CityNm0MONTGOMERY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036104
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0573C535DB466A697E10F1AC0E44455D1D3E7C4A4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.197.84.211
ReturnHeader/FilingSecurityInformation/IPDt02019-05-31
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:43:13
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/PreparationDt02019-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0M CHAD SINGLETARY CPA
ReturnHeader/ReturnTs02019-05-31T14:44:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
2018Detailed filing. Detailed filing data is available for this year.$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. 2018 filings • 501(c)6 • $500k-$1M nonprofits