2025-11-05T12:06:37-06:00 2023-12-31 580692043 MAULDIN & JENKINS LLC 2000 SOUTHBRIDGE PARKWAY STE 501 BIRMINGHAM AL 35209 990 2023-01-01 581904013 ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA INC ECON 2059434700 1320 1ST AVENUE SOUTH BIRMINGHAM AL 35233 GREG BARKER PRESIDENT 2059434700 2025-10-24 1 0 MEREDITH SMITH P00663029 2054452880 2025-10-24 2023 2025-03-06 01:10:19Z X MILLER GIRVIN 1320 1ST AVENUE SOUTH BIRMINGHAM AL 35233 4357219 0 X WWW.EDPA.ORG X 1990 AL TO ADVANCE ECONOMIC AND BUSINESS GROWTH IN ALABAMA. 34 34 20 0 0 0 4998784 1463661 4212380 2924900 41900 179396 3919954 -210738 13173018 4357219 0 0 0 0 1317817 1378058 0 0 0 5668808 3629009 6986625 5007067 6186393 -649848 16863567 14524728 4395748 2660389 12467819 11864339 TO ADVANCE ECONOMIC AND BUSINESS GROWTH IN ALABAMA. 0 0 A COMPREHENSIVE RESEARCH AND DATA BASE PROGRAM IS MAINTAINED TO PROVIDE INFORMATION TO ASSIST IN RECRUITING AND RETAINING BUSINESS IN THE STATE. A BUSINESS INTELLIGENCE PROGRAM THAT CONDUCTS INDUSTRY SECTOR AND COMPANY RESEARCH USED TO IDENTIFY STRATEGIC OPPORTUNITIES FOR THE STATE OF ALABAMA. A TALENT RETENTION PROGRAM THAT FOCUSES ON INTRODUCING ALABAMA COLLEGE AND UNIVERSITY STUDENTS TO COMMUNITIES IN THE STATE AND CAREER OPPORTUNITIES. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 17 0 1 20 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 34 34 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 AL X MEREDITH M SMITH 2054452880 1320 1ST AVENUE SOUTH BIRMINGHAM AL 35233 JEFF PEOPLES CHAIRMAN 1.00 X X 0 0 0 ANGUS COOPER DIRECTOR 0.10 X 0 0 0 STEPHANIE BRYAN DIRECTOR 0.10 X 0 0 0 MACK DOVE DIRECTOR 0.10 X 0 0 0 REID DOVE DIRECTOR 0.10 X 0 0 0 NATHANIEL DRUMMOND DIRECTOR 0.10 X 0 0 0 MICHAEL GOEBEL DIRECTOR 0.10 X 0 0 0 JIM GORRIE DIRECTOR 0.10 X 0 0 0 JOE HAMPTON DIRECTOR 0.10 X 0 0 0 BILLY HARBERT DIRECTOR 0.10 X 0 0 0 GREG HENDERSON DIRECTOR 0.10 X 0 0 0 JIM HUDSON DIRECTOR 0.10 X 0 0 0 MIKE KEMP DIRECTOR 0.10 X 0 0 0 JOHN MCCULLOUGH DIRECTOR 0.10 X 0 0 0 LIZ PHARO DIRECTOR 0.10 X 0 0 0 JIMMY SANFORD DIRECTOR 0.10 X 0 0 0 GARY SMITH DIRECTOR 0.10 X 0 0 0 MACKE MAULDIN DIRECTOR 0.10 X 0 0 0 FINIS ST JOHN IV DIRECTOR 0.10 X 0 0 0 TOM STANTON DIRECTOR 0.10 X 0 0 0 MICHAEL THOMPSON DIRECTOR 0.10 X 0 0 0 JOHN TURNER JR DIRECTOR 0.10 X 0 0 0 TIM VINES DIRECTOR 0.10 X 0 0 0 NEILL WRIGHT DIRECTOR 0.10 X 0 0 0 RUFFNER PAGE JR DIRECTOR 0.10 X 0 0 0 JAMES RANE JR DIRECTOR 0.10 X 0 0 0 SCOTT ADAMS DIRECTOR 0.10 X 0 0 0 DAVID COOPER DIRECTOR 0.10 X 0 0 0 CHRIS FALK DIRECTOR 0.10 X 0 0 0 CHRISTOPHER ROBERTS DIRECTOR 0.10 X 0 0 0 DARYL TAYLOR DIRECTOR 0.10 X 0 0 0 LAMAR WHITAKER DIRECTOR 0.10 X 0 0 0 NICHOLAS WILLIS DIRECTOR 0.10 X 0 0 0 GREG BARKER PRESIDENT 36.00 4.00 X 0 0 0 LAUREN HYDE VICE PRESIDENT 36.00 4.00 X 185480 0 8812 MILLER GIRVIN EXECUTIVE VICE PRESIDENT O 2.00 38.00 X 225100 0 28442 KATHERINE HUGHES VICE PRESIDENT OF INNOVATI 1.00 40.00 X 136828 0 27094 BAKARI MILLER VICE PRESIDENT OF BUSINESS 40.00 X 140890 0 14149 STEVE SEWELL EXECUTIVE VICE PRESIDENT 36.00 4.00 X 224082 0 32000 912380 0 110497 5 0 1 0 TECHSTARS CENTRAL LLC DBA PBTS LL 1050 WALNUT STREET STE 202 BOULDER CO 80302 PROGRAMATIC SERVICES 1660000 PARKSIDE BAKERY INVESTMENT PARTNERS LLC 60 14 STREET SOUTH SUITE 104 BIRMINGHAM AL 35233 RENT 435756 JRS STRATEGIES LLC 3209 BROOKWOOD ROAD MOUNTAIN BROOK AL 35223 PROGRAMATIC SERVICES 150000 3 767500 696161 103000 1463661 OTHER SUPPORT & REVENU 900099 2611228 2611228 SUPPORT & REVENUE 900099 169633 169633 ALLIES MARKETING 900099 105639 105639 EDO EVENT 900099 38400 38400 2924900 179396 179396 RLF PROCEEDS 900099 500000 500000 OTHER INCOME 900099 151877 151877 EARNINGS ON SUBSIDIARI 900099 -862615 -862615 -210738 4357219 2893558 0 0 X 742053 320059 74858 121124 119964 146462 318510 93445 17751 381810 165154 2346 183767 58412 ACCELERATOR PROGRAM 1660000 INFORMATION RESOURCES 318951 COMMUNICATIONS 68710 SPONSORSHIPS/DONATIONS& 39905 173786 5007067 571324 1355668 5220300 2560962 188639 942546 74198 25984 3131340 2081410 1058677 1049930 635204 689554 7611658 6749043 1503567 1151041 16863567 14524728 2500000 1002924 1895748 1657465 4395748 2660389 X 12467819 11864339 12467819 11864339 16863567 14524728 -649848 46368 0 X X 0 1 X 1 0 0 1 0 1650052 746678 903374 1318428 1260488 57940 162860 74244 88616 1049930 6749043 C 6749043 LEASE ASSET 1122041 NOTE RECEIVABLE (PVP) 29000 1151041 ACCRUED PAYROLL 69243 ACCRUED VACATION 34139 DEFERRED REVENUE - RE: ALLIES MARKETING 93174 EMPLOYEE DEDUCTIONS PAYABLE 4172 OTHER ACCRUED EXPENSES 154978 DUES BILLED/PAID IN ADVANCE 10000 LEASE LIABILITY 1291759 1657465 X 4403740 46521 46521 4357219 0 4357219 5007067 0 5007067 0 5007067 PART X, LINE 2: EDPA AND ITS SUBSIDIARIES FOLLOW THE PROVISIONS OF THE ACCOUNTING STANDARDS CODIFICATION (ASC) RELATING TO UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE REQUIRES ENTITIES TO ASSESS THEIR TAX POSITIONS FOR THE LIKELIHOOD THAT THEY WOULD BE OVERTURNED UPON INTERNAL REVENUE SERVICE (IRS) EXAMINATION OR UPON EXAMINATION BY STATE TAXING AUTHORITIES. IN ACCORDANCE WITH THIS GUIDANCE, THE EDPA AND ITS SUBSIDIARIES HAVE EACH ASSESSED THEIR TAX POSITIONS AND DETERMINED THAT THEY DO NOT HAVE ANY POSITIONS AT DECEMBER 31, 2023 AND 2022, THAT THEY WOULD BE UNABLE TO SUBSTANTIATE. X X X 0 0 0 STEVE SEWELL EXECUTIVE VICE PRESIDENT 218613 0 3489 0 1980 0 10730 0 21270 0 256082 0 0 0 MILLER GIRVIN EXECUTIVE VICE PRESIDENT O 219749 0 5051 0 300 0 8474 0 19968 0 253542 0 0 0 LAUREN HYDE VICE PRESIDENT 181544 0 3696 0 240 0 8112 0 700 0 194292 0 0 0 KATHERINE HUGHES VICE PRESIDENT OF INNOVATI 133869 0 2719 0 240 0 5824 0 21270 0 163922 0 0 0 BAKARI MILLER VICE PRESIDENT OF BUSINESS 137791 0 2799 0 300 0 6790 0 7359 0 155039 0 0 0 X EV CHARGING STATIONS 4 103000 FMV 0 0 0 FORM 990, PART I AMENDED RETURN IN ORDER TO COMPLY WITH THE TAX RETURN DEADLINE, THE ORGANIZATION FILED ITS TAX RETURN PRIOR TO THE COMPLETION OF THE AUDIT. THERE WERE SOME CHANGES THAT NEEDED TO BE MADE AFTER THE AUDIT WAS COMPLETED. FORM 990, PART VI, SECTION A, LINE 6 ANY PERSON, CORPORATION, PARTNERSHIP, ORGANIZATION, ASSOCIATION, GOVERNMENTAL AGENCY OR ENTITY OR OTHER ENTERPRISE WITH AN INTEREST IN THE ECONOMIC DEVELOPMENT OF THE STATE OF ALABAMA MAY BECOME A MEMBER OF THE CORPORATION PROVIDED THAT THE APPLICANT'S APPLICATION FOR MEMBERSHIP IN THE CORPORATION HAS BEEN APPROVED BY THE PRESIDENT, THE APPLICANT HAS AGREED TO BE BOUND BY THE BY-LAWS AND OPERATING RULES OF THE CORPORATION AS MAY BE IN EFFECT FROM TIME TO TIME, THE APPLICANT HAS PLEGED TO MAINTAIN ITS CURRENT LEVEL OF SUPPORT FOR LOCAL ECONOMIC DEVELOPMENT ACTIVITIES, AND THE APPLICANT HAS PLEDGED TO PAY THE CORPORATION OR TO THE ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA FOUNDATION, INC. (THE "FOUNDATION") SUCH DUES AND EXTRAORDINARY CONTRIBUTIONS AS SHALL HAVE BEEN PRESCRIBED BY THE BOARD FOR MEMBERSHIP IN THE CLASS TO WHICH SUCH APPLICANT SEEKS ADMISSION; PROVIDED, HOWEVER, THAT A PLEDGE TO PAY SUCH DUES AND EXTRAORDINARY CONTRIBUTIONS TO THE FOUNDATION MAY BE MADE BY AN APPLICANT ONLY UPON THE WRITTEN AUTHORIZATION OF THE PRESIDENT OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A ONE BOARD MEMBER IS ELECTED BY ASSOCIATE MEMBERS. TWO BOARD MEMBERS ARE ELECTED BY REGULAR MEMBERS. TWO BOARD MEMBERS ARE APPOINTED BY SUSTAINING MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE FINANCE AND AUDIT COMMITTEE FOR QUESTIONS AND REVIEW BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES, OFFICERS AND THE BOARD OF DIRECTORS ARE REQUIRED TO REVIEW, AND COMPLETE, A CONFLICT OF INTEREST DISCLOSURE ANNUALLY. THE OFFICERS OF THE ORGANIZATION ARE RESPONSIBLE FOR THE MONITORING OF EVENTS WHICH MAY GIVE RISE TO POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRMAN OF THE COMPENSATION AND POLICY COMMITTEE REVIEWS ALL PROPOSED MERIT INCREASES, AND BONUSES, BEFORE THE PROPOSALS ARE TAKEN TO THE EDPA BOARD FOR ITS APPROVAL. FORM 990, PART VI, SECTION C, LINE 18 AS A GENERAL RULE, THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VI, SECTION C, LINE 19 AS A GENERAL RULE, THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UNLESS A REQUEST IS MADE. FORM 990, PART IX, LINE 11G AUDIT SERVICES 30,601. CONSULTING SERVICES 284,611. PAYROLL SERVICES 3,298. FORM 990, PART IX, LINE 24E BUILDINGS AND SITES DATA BASE 31,500. BOARD EVENTS 26,957. TAXES AND LICENSES 24,843. DUES AND MEMBERSHIPS 21,595. PARTNERS EVENTS 21,372. PROFESSIONAL DEVELOPMENT 16,593. EQUIPMENT RENTAL 12,204. OTHER (G&A) OPERATING EXPENSE 10,983. AUTO EXPENSE - COMPANY VEHICLES 5,973. UTILITIES 1,570. EV CHARGER SERVICE FEE 172. POSTAGE 24. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS SELECTION OR OVERSIGHT PROCESSES SINCE THE PRIOR TAX YEAR. ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA FOUNDATION INC 1320 1ST AVENUE SOUTH BIRMINGHAM AL 35233 631126742 SUPPORTING ORGANIZATION OF EDPA, INC AL 501 (C)(3) SUPPORTING ORGANIZAT 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA FOUNDATION INC K 3558 COST ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA FOUNDATION INC O 720880 COST ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA FOUNDATION INC P 181172 COST ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA FOUNDATION INC C 250000 FMV