Economic Development Association

Unknown organization based in Montgomery, AL. 2 employees. Exempt under §501(c)(6).

MissionEDAA WILL PURPOSEFULLY ADVOCATE ISSUES WHICH CAN POSITIVELY IMPACT THE ECONOMIC DEVELOPMENT COMMUNITY AND PROFESSION IN ALABAMA THROUGH LEGISLATION AND PROFESSIONAL DEVELOPMENT.

Financial snapshot · TY 2024

$1.2M
Total revenue
$1.1M
Total expenses
$989K
Net assets

Financial health · TY 2024

15
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
35
6.2 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
5
Mix of program fees, grants & contributions

Leadership compensation

Jim Searcy
EXECUTIVE DIRECTOR
$193,121

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Economic Development Association Executive Compensation | 990 Data | DoubleNine