Civic Intelligence

Economic Development Association of Alabama Inc

990 • Fiscal year 2023 • EIN 63-0886994

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

Organization ProfileWWW.EDAA.ORG

View Organization Page

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

80th percentile

0.42x

Higher debt load relative to assets than 80% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

66th percentile

0.31x

Higher debt load relative to revenue than 66% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

55th percentile

5.8%

Higher net margin than 55% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

63rd percentile

$176,056

Higher top officer pay than 63% of similar nonprofits.

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

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Asset Growth

65th percentile

12%

Faster asset growth than 65% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

64th percentile

14%

Faster revenue growth than 64% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets80th percentile

Assets

Flat

$866,538

Flat from 2023

Net Assets

Flat

$506,440

Flat from 2023

Liabilities

Flat

$360,098

Flat from 2023

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin55th percentile

Revenue

Flat

$1,151,069

Flat from 2023

Expenses

Flat

$1,084,633

Flat from 2023

Net Income

Flat

$66,436

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth65th 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 2023: $866,538Liabilities 2023: $360,098Net Assets 2023: $506,4402023Assets 2024: $988,984Liabilities 2024: $412,626Net Assets 2024: $576,3582024

Highlighted filing

2023

Assets$866,538
Liabilities$360,098
Net Assets$506,440
Open 2023 Filing

Operations Trend

Revenue Growth64th 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 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

2023

Revenue$1,151,069
Expenses$1,084,633
Net Income$66,436
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$1,151,069
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$440,004$506,440▲ $66,436
Cash and Non-Interest-Bearing Accounts$410,967$402,526▼ $8,441
Savings and Temporary Cash Investments$288,697$396,759▲ $108,062
Accounts Receivable$5,000$34,142▲ $29,142
Prepaid Expenses and Deferred Charges$20,002$14,754▼ $5,248
Land, Buildings, and Equipment, Net$17,156$9,068▼ $8,088
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$775,092$866,538▲ $91,446
Other Assets Total$33,270$9,289▼ $23,981
Liabilities
Deferred Revenue$279,060$336,800▲ $57,740
Accounts Payable and Accrued Expenses$9,243$14,009▲ $4,766
Mortgage Notes Payable Secured by Investment Property$13,515$0▼ $13,515
Other Liabilities$33,270$9,289▼ $23,981
Total Liabilities$335,088$360,098▲ $25,010
Net Assets / Fund Balance
Total Net Assets Fund Balance$440,004$506,440▲ $66,436
Total Liabilities and Net Assets / Fund Balance$775,092$866,538▲ $91,446

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,068$52,198$61,266
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jim SearcyExecutive DirectorFT$135,000$41,056$176,056

Board Members and Trustees

NameTitle
Brooks KrackeImmediate Past President
Taylor WilliamsPresident
Allison BrantleyBoard Member
Cary CoxBoard Member
Chris BusbyBoard Member
Lee JohnsonBoard Member
Lisaa MillerBoard Member
Nathan LeeBoard Member
Shane KearneyBoard Member
Angela SmithFirst VP
Janie TroutmanSecond VP
Melody WhittenSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,101,442
Investment Income
$8,331
Other Revenue
$41,296
Change in Net Assets
$66,436

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,151,069
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,151,069
Total Revenue per Form 990
$1,151,069
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$809,184
Salaries, Compensation, and Employee Benefits$275,449
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$503,372
Current Officers, Directors, Trustees, and Key Employees---$190,535
Other Salaries and Wages---$59,381
Office Expenses---$56,635
Depreciation Depletion---$39,371
Other Expenses---$27,174
All Other Expenses---$23,427
Payroll Taxes---$17,802
Fees for Services Accounting---$16,269
Occupancy---$12,922
Travel---$12,793
Pension Plan Contributions---$7,731
Insurance---$2,233
Interest---$323
Total Functional Expenses$0$0$0$1,084,633

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,084,633
Total Expenses per Audited Statements$1,084,633
Total Expenses per Form 990$1,084,633
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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$57,436
Current Year Nondeductible Lobbying and Political Cost$55,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$9,289
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Searcy
Formed
1996
Legal Domicile
Al
Voting Board Members
12
Independent Board Members
12
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:

“Edaa has not recognized any respective liability for unrecognized tax benefits as it has no known tax positions that could subject edaa to any material income tax exposure. The tax years that remain subject to examination are the periods beginning on january 1, 2020 for all major tax jurisdictions.”

Raw XML AppendixShowing 400 of 432 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09243
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014009
IRS990/AccountsReceivableGrp/BOYAmt05000
IRS990/AccountsReceivableGrp/EOYAmt034142
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/TotalAmt023427
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/BOYAmt0410967
IRS990/CashNonInterestBearingGrp/EOYAmt0402526
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0190535
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt0503372
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt08331
IRS990/CYOtherExpensesAmt0809184
IRS990/CYOtherRevenueAmt041296
IRS990/CYProgramServiceRevenueAmt01101442
IRS990/CYRevenuesLessExpensesAmt066436
IRS990/CYSalariesCompEmpBnftPaidAmt0275449
IRS990/CYTotalExpensesAmt01084633
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01151069
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0279060
IRS990/DeferredRevenueGrp/EOYAmt0336800
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt039371
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/ExpenseAmt01084633
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt016269
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/AverageHoursPerWeekRt1240.00
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/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/OtherCompensationAmt1235398
IRS990/Form990PartVIISectionAGrp/PersonNm0ALLISON BRANTLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1CHRIS BUSBY
IRS990/Form990PartVIISectionAGrp/PersonNm2CARY COX
IRS990/Form990PartVIISectionAGrp/PersonNm3LEE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm4SHANE KEARNEY
IRS990/Form990PartVIISectionAGrp/PersonNm5NATHAN LEE
IRS990/Form990PartVIISectionAGrp/PersonNm6LISAA MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm7TAYLOR WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm8ANGELA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm9JANIE TROUTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10MELODY WHITTEN
IRS990/Form990PartVIISectionAGrp/PersonNm11BROOKS KRACKE
IRS990/Form990PartVIISectionAGrp/PersonNm12JIM 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/ReportableCompFromOrgAmt12140658
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/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/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8FIRST VP
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECOND VP
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01151069
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt02233
IRS990/InterestGrp/TotalAmt0323
IRS990/InvestmentIncomeGrp/ExclusionAmt08331
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08331
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt052198
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017156
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09068
IRS990/LandBldgEquipCostOrOtherBssAmt061266
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
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/BOYAmt013515
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0440004
IRS990/NetAssetsOrFundBalancesEOYAmt0506440
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt012922
IRS990/OfficeExpensesGrp/TotalAmt056635
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt033270
IRS990/OtherAssetsTotalGrp/EOYAmt09289
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LEGISLATIVE EXPENSE
IRS990/OtherExpensesGrp/Desc1PUBLIC RELATIONS
IRS990/OtherExpensesGrp/Desc2RETAIL COMMITTEE EXPENS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/TotalAmt055000
IRS990/OtherExpensesGrp/TotalAmt132330
IRS990/OtherExpensesGrp/TotalAmt227335
IRS990/OtherExpensesGrp/TotalAmt327174
IRS990/OtherLiabilitiesGrp/BOYAmt033270
IRS990/OtherLiabilitiesGrp/EOYAmt09289
IRS990/OtherRevenueMiscGrp/BusinessCd0900999
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt041296
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt041296
IRS990/OtherRevenueTotalAmt041296
IRS990/OtherSalariesAndWagesGrp/TotalAmt059381
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt017802
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt07731
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020002
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014754
IRS990/PrincipalOfficerNm0JIM SEARCY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCES/WORKSHOPS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/Desc3RETAIL COMMITTEE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0733942
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1180500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2154000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt333000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0733942
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1180500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2154000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt333000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0225
IRS990/PYOtherExpensesAmt0624066
IRS990/PYOtherRevenueAmt03850
IRS990/PYProgramServiceRevenueAmt01003642
IRS990/PYRevenuesLessExpensesAmt0120291
IRS990/PYSalariesCompEmpBnftPaidAmt0263360
IRS990/PYTotalExpensesAmt0887426
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01007717
IRS990/ReconcilationRevenueExpnssAmt066436
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01142738
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0440004
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0506440
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0288697
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0396759
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt0126350
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0180500
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt02436
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt055000
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt057436
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt0-68914
IRS990ScheduleD/EquipmentGrp/BookValueAmt09068
IRS990ScheduleD/EquipmentGrp/DepreciationAmt052198
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt061266
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01084633
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09289
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01151069
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EDAA HAS NOT RECOGNIZED ANY RESPECTIVE LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS IT HAS NO KNOWN TAX POSITIONS THAT COULD SUBJECT EDAA TO ANY MATERIAL INCOME TAX EXPOSURE. THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION ARE THE PERIODS BEGINNING ON JANUARY 1, 2020 FOR ALL MAJOR TAX JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09068
IRS990ScheduleD/TotalExpensesPerForm990Amt01084633
IRS990ScheduleD/TotalLiabilityAmt09289
IRS990ScheduleD/TotalRevenuePerForm990Amt01151069
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01151069
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01084633
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0135000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt013500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt021898
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt05658
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JIM SEARCY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0176056
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/TotalAssetsBOYAmt0775092
IRS990/TotalAssetsEOYAmt0866538
IRS990/TotalAssetsGrp/BOYAmt0775092
IRS990/TotalAssetsGrp/EOYAmt0866538
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/TotalAmt01084633
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0335088
IRS990/TotalLiabilitiesEOYAmt0360098
IRS990/TotalLiabilitiesGrp/BOYAmt0335088
IRS990/TotalLiabilitiesGrp/EOYAmt0360098
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0440004
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0506440
IRS990/TotalOtherCompensationAmt035398
IRS990/TotalProgramServiceExpensesAmt01084633
IRS990/TotalProgramServiceRevenueAmt01101442
IRS990/TotalReportableCompFromOrgAmt0140658
IRS990/TotalRevenueGrp/ExclusionAmt08331
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01142738
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01151069
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0775092
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0866538
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt012793
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02 NORTH JACKSON STREET SUITE 302
IRS990/USAddress/CityNm0MONTGOMERY
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036104
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$866,538
Liabilities
$360,098
Net assets
$506,440
Revenue
$1,151,069
Expenses
$1,084,633
Net income
$66,436
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
2023Detailed filing. Detailed filing data is available for this year.$0.87$0.36$0.51$1.15$1.08$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