Civic Intelligence

Economic Development Association of Alabama Inc

990 • Fiscal year 2019 • EIN 63-0886994

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 10, 2020

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

48th percentile

0.05x

Higher debt load relative to assets than 48% of similar nonprofits.

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

Liabilities / Revenue

45th percentile

0.04x

Higher debt load relative to revenue than 45% of similar nonprofits.

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

Net Margin

91st percentile

27%

Higher net margin than 91% of similar nonprofits.

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

Top Officer Pay

88th percentile

$151,773

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 15.3% of source-year revenue.

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

Asset Growth

95th percentile

70%

Faster asset growth than 95% of similar nonprofits.

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

Revenue Growth

85th percentile

24%

Faster revenue growth than 85% of similar nonprofits.

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

Assets

Up

$717,806

Up $295,847 (+70%) from 2018

Net Assets

Up

$681,086

Up $263,799 (+63%) from 2018

Liabilities

Up

$36,720

Up $32,048 (+686%) from 2018

Revenue

Up

$991,052

Up $189,285 (+24%) from 2018

Expenses

Down

$727,253

Down $56,215 (-7.2%) from 2018

Net Income

Up

$263,799

Up $245,500 (+1342%) from 2018

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

2019

Assets$717,806
Liabilities$36,720
Net Assets$681,086

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

2019

Revenue$991,052
Expenses$727,253
Net Income$263,799
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 10, 2020
Return Version
2019v5.1
Gross Receipts
$991,732
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$417,287$681,086▲ $263,799
Cash and Non-Interest-Bearing Accounts$126,007$383,665▲ $257,658
Savings and Temporary Cash Investments$287,833$288,105▲ $272
Land, Buildings, and Equipment, Net$3,119$41,036▲ $37,917
Accounts Receivable$5,000$5,000→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$421,959$717,806▲ $295,847
Liabilities
Mortgage Notes Payable Secured by Investment Property-$32,595-
Accounts Payable and Accrued Expenses$4,672$4,125▼ $547
Total Liabilities$4,672$36,720▲ $32,048
Net Assets / Fund Balance
Total Net Assets Fund Balance$417,287$681,086▲ $263,799
Total Liabilities and Net Assets / Fund Balance$421,959$717,806▲ $295,847

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$38,381$2,020$40,401
Equipment$2,655$11,814$14,469
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jim SearcyExecutive DirectorFT$130,037$21,736$151,773

Board Members and Trustees

NameTitle
David KnightPresident
Megan Mcgowen CroughFirst Vice President
Brooks KrackeSecond Vice President
Angela SmithBoard Member
David RodgersBoard Member
Jamie TroutmanBoard Member
Jeff RabrenBoard Member
Kevin TaylorBoard Member
Kimberly CarterBoard Member
Mike SwinsonBoard Member
Tanya MaloneyBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$984,960
Investment Income
$6,092
Other Revenue
$0
Change in Net Assets
$263,799
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$493,567
Salaries, Compensation, and Employee Benefits$233,686
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$258,738
Current Officers, Directors, Trustees, and Key Employees---$151,773
Other Salaries and Wages---$46,217
Office Expenses---$43,063
Occupancy---$25,873
Other Employee Benefits---$17,214
Fees for Services Accounting---$16,915
Payroll Taxes---$13,728
Travel---$9,447
Other Expenses---$8,008
Pension Plan Contributions---$4,754
Depreciation Depletion---$3,316
All Other Expenses---$2,410
Insurance---$2,233
Information Technology---$95
Total Functional Expenses$0$0$0$727,253
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$150,644
Current Year Nondeductible Lobbying and Political Cost$78,225
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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
2020-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Searcy
Formed
1996
Legal Domicile
Al
Voting Board Members
11
Independent Board Members
11
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
Raw XML AppendixShowing 400 of 409 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/BOYAmt04672
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04125
IRS990/AccountsReceivableGrp/BOYAmt05000
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/TotalAmt02410
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/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0126007
IRS990/CashNonInterestBearingGrp/EOYAmt0383665
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0151773
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt0258738
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06092
IRS990/CYOtherExpensesAmt0493567
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0984960
IRS990/CYRevenuesLessExpensesAmt0263799
IRS990/CYSalariesCompEmpBnftPaidAmt0233686
IRS990/CYTotalExpensesAmt0727253
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0991052
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt03316
IRS990/Desc0CONFERENCES AND WORKSHOPS PROVIDE MEMBERS WITH INCREASED KNOWLEDGE OF ECONOMIC DEVELOPMENT METHODS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt016915
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/AverageHoursPerWeekRt1140.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/OtherCompensationAmt1120978
IRS990/Form990PartVIISectionAGrp/PersonNm0KIMBERLY CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm1TANYA MALONEY
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF RABREN
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID RODGERS
IRS990/Form990PartVIISectionAGrp/PersonNm4ANGELA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm5MIKE SWINSON
IRS990/Form990PartVIISectionAGrp/PersonNm6JAMIE TROUTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7KEVIN TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID KNIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm9MEGAN MCGOWEN CROUGH
IRS990/Form990PartVIISectionAGrp/PersonNm10BROOKS KRACKE
IRS990/Form990PartVIISectionAGrp/PersonNm11JIM 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/ReportableCompFromOrgAmt11130795
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/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/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt05820
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt06500
IRS990/GrossReceiptsAmt0991732
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt095
IRS990/InsuranceGrp/TotalAmt02233
IRS990/InvestmentIncomeGrp/ExclusionAmt0272
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0272
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013834
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03119
IRS990/LandBldgEquipBasisNetGrp/EOYAmt041036
IRS990/LandBldgEquipCostOrOtherBssAmt054870
IRS990/LegalDomicileStateCd0AL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0680
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/EOYAmt032595
IRS990/NetAssetsOrFundBalancesBOYAmt0417287
IRS990/NetAssetsOrFundBalancesEOYAmt0681086
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt05820
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt05820
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt025873
IRS990/OfficeExpensesGrp/TotalAmt043063
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017214
IRS990/OtherExpensesGrp/Desc0LEGISLATIVE EXPENSE
IRS990/OtherExpensesGrp/Desc1PUBLIC RELATIONS
IRS990/OtherExpensesGrp/Desc2RETAIL COMMITTEE EXPENS
IRS990/OtherExpensesGrp/Desc3AUTO EXPENSE
IRS990/OtherExpensesGrp/TotalAmt078225
IRS990/OtherExpensesGrp/TotalAmt131700
IRS990/OtherExpensesGrp/TotalAmt213544
IRS990/OtherExpensesGrp/TotalAmt38008
IRS990/OtherSalariesAndWagesGrp/TotalAmt046217
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt013728
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt04754
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JIM SEARCY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCES/WORKSHOPS
IRS990/ProgramServiceRevenueGrp/Desc1CONTINUING SPONSORS
IRS990/ProgramServiceRevenueGrp/Desc2RURAL DEVELOPMENT INIT
IRS990/ProgramServiceRevenueGrp/Desc3MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc4RETAIL COMMITTEE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0503660
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1177750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2175000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3102550
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt426000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0503660
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1177750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2175000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3102550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt426000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0352
IRS990/PYOtherExpensesAmt0558665
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0801415
IRS990/PYRevenuesLessExpensesAmt018299
IRS990/PYSalariesCompEmpBnftPaidAmt0224803
IRS990/PYTotalExpensesAmt0783468
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0801767
IRS990/ReconcilationRevenueExpnssAmt0263799
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0417287
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0681086
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0287833
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0288105
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt030765
IRS990ScheduleC/AgreeCarryoverPriorYearInd01
IRS990ScheduleC/CarriedOverAmt071785
IRS990ScheduleC/DuesAssessmentsAmt0102550
IRS990ScheduleC/Form1120POLFiledInd00
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt072419
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt078225
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt0150644
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02655
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011814
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014469
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt038381
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02020
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt040401
IRS990ScheduleD/TotalBookValueLandBuildingsAmt041036
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0130037
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt012504
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt08474
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt0758
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JIM SEARCY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0151773
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0421959
IRS990/TotalAssetsEOYAmt0717806
IRS990/TotalAssetsGrp/BOYAmt0421959
IRS990/TotalAssetsGrp/EOYAmt0717806
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/TotalAmt0727253
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04672
IRS990/TotalLiabilitiesEOYAmt036720
IRS990/TotalLiabilitiesGrp/BOYAmt04672
IRS990/TotalLiabilitiesGrp/EOYAmt036720
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0417287
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0681086
IRS990/TotalOtherCompensationAmt020978
IRS990/TotalProgramServiceRevenueAmt0984960
IRS990/TotalReportableCompFromOrgAmt0130795
IRS990/TotalRevenueGrp/ExclusionAmt0272
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0990780
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0991052
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0421959
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0717806
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt09447
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02 NORTH JACKSON STREET SUITE 302
IRS990/USAddress/CityNm0MONTGOMERY
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036104
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.EDAA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM SEARCY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03346762085
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-10
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/AtSubmissionFilingDeviceId03916C729D8954626239B69CA3279476FBE56F621
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.82.62.68
ReturnHeader/FilingSecurityInformation/IPDt02020-09-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:58:55
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

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
2019Detailed filing. Detailed filing data is available for this year.$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