Overview
What is Economic Development Partnership Of Alabama Inc?
Economic Development Partnership of Alabama Inc, located in Birmingham, Alabama, is a nonprofit organization with a team of 17 individuals. Their primary mission is to foster economic and business growth in the state by maintaining a comprehensive research and database program. This program is designed to aid in attracting and retaining businesses in Alabama. Their core activities revolve around providing essential information to facilitate business growth within the state.
Official website here: www.edpa.org
What are the reviews and ratings of this charity?
The Economic Development Partnership Of Alabama Inc is not currently rated by Charity Navigator. The organization is not evaluated due to its status as a non-501(c)(3) entity, meaning it doesn't meet the criteria necessary for assessment under standard evaluation methodologies like Accountability & Finance or Impact & Measurement.
The absence of a Charity Navigator rating does not inherently signify a positive or negative evaluation. However, the lack of data on revenue, expenses, and salaries for key persons means potential donors have limited information to assess financial transparency or organizational accountability.
Without reviews on GreatNonprofits, public sentiment and user experiences with the organization remain unclear. Stakeholders interested in this nonprofit's impact should consider seeking additional information directly from the organization or alternative sources.
This AI summary has been generated from information found on Charity Navigator.
Is Economic Development Partnership Of Alabama Inc legitimate?
Economic Development Partnership Of Alabama Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Development Partnership Of Alabama Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $410,876
Professional Fundraising Fees: $0
Other Salaries and Wages: $540,661
For more financial information, click here
Official website here: www.edpa.org
What is the mission statement of Economic Development Partnership Of Alabama Inc?
The Economic Development Partnership of Alabama Inc is dedicated to promoting economic and business growth within the state. To accomplish this, they maintain an extensive research and data base program, providing essential information to help attract and retain businesses in Alabama. By leveraging this data, they contribute significantly to the state's economic development efforts. Their ultimate goal is to foster a thriving business environment in Alabama, ultimately leading to increased prosperity and opportunities for its residents.
Official website here: www.edpa.org
Who is the CEO of Economic Development Partnership Of Alabama Inc?
Steve Sewell is the Chairman of Economic Development Partnership Of Alabama Inc.
Official website here: www.edpa.org
What is the revenue of Economic Development Partnership Of Alabama Inc?
Economic Development Partnership Of Alabama Inc's revenue in 2022 was $13,173,018.
Official website here: www.edpa.org
Who are the executives of Economic Development Partnership Of Alabama Inc and what are their salaries?
The average compensation at Economic Development Partnership Of Alabama Inc during 2022 was $55,973. There are 17 employees at Economic Development Partnership Of Alabama Inc.
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Official website here: www.edpa.org
Where can I find the form 990 for Economic Development Partnership Of Alabama Inc?
Economic Development Partnership Of Alabama Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edpa.org
Learn more at the official website: www.edpa.org
Mission Statement of Economic Development Partnership Of Alabama Inc
The Economic Development Partnership of Alabama Inc is a dedicated organization with a mission to stimulate economic and business expansion within the state. By maintaining an extensive research and data base, this partnership provides vital information to aid in the attraction and retention of businesses in Alabama.
The primary objective of the Economic Development Partnership of Alabama Inc is to foster a thriving business environment in the region. To accomplish this, they meticulously gather and analyze data, creating a valuable resource for businesses considering relocating or expanding in the state. This comprehensive data allows potential investors to make informed decisions, ultimately contributing to Alabama's economic growth.
Moreover, the Economic Development Partnership of Alabama Inc serves as a catalyst for business success by offering valuable insights into Alabama's economic landscape. By delivering accurate and reliable information, they help businesses navigate the complexities of the state's economy and make the most of the opportunities available. In doing so, the partnership plays a crucial role in attracting new businesses and encouraging existing ones to thrive, ultimately boosting Alabama's economic potential.
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Impact
October, 2024
The Economic Development Partnership of Alabama Inc significantly influences the state's economic landscape by driving business growth and fostering a favorable environment for investment. Through comprehensive research and a robust database program, it provides critical information that aids in the recruitment and retention of businesses. This strategic approach not only strengthens existing enterprises but also attracts new ones, culminating in job creation and enhanced community development. Located in Birmingham, Alabama, its mission focuses on advancing economic and business growth, making it a pivotal entity in promoting sustainable economic development across the state.
This information is meant to be a general summary of Economic Development Partnership Of Alabama Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $41,900
- Program Service Revenue: $4,212,380
- Gross Receipts: $13,173,018
Assets and Liabilities:
- Total Assets: $16,863,567
- Total Liabilities: $4,395,748
- Net Assets: $12,467,819
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THE WORLD GAMES
Revenue
$3,334,911
GROWING ALABAMA (TAX CREDITS)
Revenue
$752,697
OTHER SUPPORT & REVENUE
Revenue
$78,108
EDO EVENT
Revenue
$26,525
ALLIES MARKETING
Revenue
$14,306
Organization Details
Founding Year
1990
Phone
(205) 943-4700Principal Officer
Steve Sewell
Main Address
1320 1ST AVENUE SOUTH, BIRMINGHAM, AL, 35233
Website
www.edpa.orgNTEE Category
Code: S30 - Community improvement
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