Nonprofit · EIN 27-2113883
DECATUR-MORGAN COUNTY ENTREPRENEURIAL CENTER INC
Tax-exempt · DECATUR, AL 35601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,870,891 | $820,311 | $1,050,580 | $2,596,963 | $8,886 | $2,588,077 |
| December 31, 2023 | 990 | $1,061,623 | $575,608 | $486,015 | $1,548,073 | $10,576 | $1,537,497 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,701,798
- of which government grants
- $1,665,502
- Program service revenue
- $143,770
- Investment income
- $25,323
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $301,798
- Salaries, compensation and benefits (total)
- $335,074
- Professional fundraising fees
- $0
- Accounting fees
- $11,350
- Occupancy
- $64,053
- Travel
- $7,511
- Depreciation
- $3,361
- Program services (functional)
- $665,401
- Management and general (functional)
- $137,744
- Fundraising (functional)
- $17,166
Balance sheet and other
- Total assets, start of year
- $1,548,073
- Total assets, end of year
- $2,596,963
- Total liabilities, end of year
- $8,886
- Net assets, end of year
- $2,588,077
- Land, buildings and equipment
- $47,747
- Net assets without donor restrictions
- $793,919
- Net assets with donor restrictions
- $1,794,158
- Gross receipts
- $1,870,891
- Employees
- 4
- Volunteers
- 10
- Year formed
- 2010
- State of legal domicile
- AL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN JOSEPH IV | EXECUTIVE DI Key employee | 40 | $152,576 |
| RONNIE HOFF | DIRECTOR Trustee or director | – | $0 |
| JOHN YOUNGBLOOD | DIRECTOR Trustee or director | – | $0 |
| ELLEN DIDIER | SECRETARY Trustee or director, Officer | – | $0 |
| LYNN REEVES | TREASURER Trustee or director, Officer | – | $0 |
| MICHELE TERRY | DIRECTOR Trustee or director | – | $0 |
| KAROCKAS WATKINS | PAST PRESIDE Trustee or director, Officer | – | $0 |
| JERRY BAKER | DIRECTOR Trustee or director | – | $0 |
| SASWATI BISWAS | DIRECTOR Trustee or director | – | $0 |
| KENT LAWRENCE | PRESIDENT Trustee or director, Officer | – | $0 |
| BROOKS COLLINS | DIRECTOR Trustee or director | – | $0 |
| MELISSA CRAIG | DIRECTOR Trustee or director | – | $0 |
| LARKIN MARTIN | DIRECTOR Trustee or director | – | $0 |
| JIM ODOM | DIRECTOR Trustee or director | – | $0 |
| DR JEANNE PAYNE | PRESIDENT EL Trustee or director | – | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR YVETTE RICE | DIRECTOR Trustee or director | – | $0 |
| BETTY SIMS | DIRECTOR Trustee or director | – | $0 |
| JACOB WOODS | DIRECTOR Trustee or director | – | $0 |
| LARRY WAYE | MEMBER EMERI Trustee or director | – | $0 |
| DR CLAUDETTE OWENS | DIRECTOR Trustee or director | – | $0 |
| TIM LOVELACE | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONNIE HOFF | DIRECTOR Trustee or director | – | $0 |
| JOHN YOUNGBLOOD | DIRECTOR Trustee or director | – | $0 |
| ELLEN DIDIER | SECRETARY Trustee or director, Officer | – | $0 |
| LYNN REEVES | TREASURER Trustee or director, Officer | 0.5 | $0 |
| MICHELE TERRY | DIRECTOR Trustee or director | – | $0 |
| KAROCKAS WATKINS | PAST PRESIDE Trustee or director, Officer | – | $0 |
| JERRY BAKER | DIRECTOR Trustee or director | – | $0 |
| SASWATI BISWAS | DIRECTOR Trustee or director | – | $0 |
| KENT LAWRENCE | PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| BROOKS COLLINS | DIRECTOR Trustee or director | – | $0 |
| MELISSA CRAIG | DIRECTOR Trustee or director | – | $0 |
| LARKIN MARTIN | DIRECTOR Trustee or director | – | $0 |
| JIM ODOM | DIRECTOR Trustee or director | – | $0 |
| DR JEANNE PAYNE | PRESIDENT EL Trustee or director | – | $0 |
| DR YVETTE RICE | DIRECTOR Trustee or director | – | $0 |
| BETTY SIMS | DIRECTOR Trustee or director | – | $0 |
| JACOB WOODS | DIRECTOR Trustee or director | – | $0 |
| LARRY WAYE | MEMBER EMERI Trustee or director | – | $0 |
| DR CLAUDETTE OWENS | DIRECTOR Trustee or director | – | $0 |
| TIM LOVELACE | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 1629 4TH AVE SE, DECATUR, AL 35601-4900
- In care of
- % KENT QUINN
- Principal officer (990 for 2024)
- KENT LAWRENCE, 1833 GLENN ST SE, DECATUR, AL 35603
- Signed the 990
- JOHN JOSEPH IV, EXECUTIVE DIRECTOR
- Phone
- (256) 476-7006
- Website
- WWW.ALABAMAINCUBATOR.COM
- Return prepared by
- WEAR HOWELL STRICKLAND QUINN &LAWLLC
Mission
THE PRIMARY PURPOSE OF THE E-CENTER IS TO ENCOURAGE, ENTHUSE AND EMPOWER NEW AND SMALL BUSINESSES AS TENANTS AND NON-TENANTS OF THE E-CENTER FACILITY AND TO ENSURE SUCCESSFUL START-UP AND CONTINUED GROWTH OF THEIR BUSINESSES.
Program accomplishments
- THE E-CENTER ENCOURAGES, ENTHUSES AND EMPOWERS NEW AND SMALL BUSINESSES AS TENANTS AND NON-TENANTS OF THE E-CENTER FACILITY TO HELP ENSURE SUCCESSFUL START-UP AND CONTINUED GROWTH OF THEIR BUSINESSES.Expenses $227,508 · revenue $143,770
- RECRUITMENT OF YOUNG PROFESSIONALS TO DECATUR, ALABAMA BY OFFERING INCENTIVE PACKAGES TO THE YOUNG PROFESSIONALS AND BRINGING HIGHLY SKILLED WORKERS TO THE CITY WORKFORCE.Expenses $198,089
- PROVIDES RESOURCES FOR ENTREPRENEURS IN LAWRENCE & CULLMAN COUNTIESExpenses $239,804
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-2113883
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $2,596,963
- Income (IRS master file)
- $1,870,891
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,870,891 | $820,311 | $2,596,963 | IRS |
| 990 | December 2023 | $1,061,623 | $575,608 | $1,548,073 | XML |
| 990 | December 2022 | $1,014,855 | $562,433 | $1,057,395 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2113883).
Questions about DECATUR-MORGAN COUNTY ENTREPRENEURIAL CENTER INC
- What is the EIN of DECATUR-MORGAN COUNTY ENTREPRENEURIAL CENTER INC?
- The employer identification number (EIN) of DECATUR-MORGAN COUNTY ENTREPRENEURIAL CENTER INC is 27-2113883.
- Is DECATUR-MORGAN COUNTY ENTREPRENEURIAL CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to DECATUR-MORGAN COUNTY ENTREPRENEURIAL CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DECATUR-MORGAN COUNTY ENTREPRENEURIAL CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DECATUR-MORGAN COUNTY ENTREPRENEURIAL CENTER INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DECATUR-MORGAN COUNTY ENTREPRENEURIAL CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DECATUR-MORGAN COUNTY ENTREPRENEURIAL CENTER INC?
- The 990 for the year ended December 31, 2024 names KENT LAWRENCE.
- Who are the officers and directors of DECATUR-MORGAN COUNTY ENTREPRENEURIAL CENTER INC?
- The 990 for the year ended December 31, 2024 lists 21 people; 1 received compensation from the organization, the highest $152,576 (JOHN JOSEPH IV, EXECUTIVE DI).
- How much revenue does DECATUR-MORGAN COUNTY ENTREPRENEURIAL CENTER INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,870,891, expenses of $820,311 and total assets of $2,596,963 at year end.
Other nonprofits in DECATUR
- ALABAMA ASSOCIATION OF DESTINATION MARKETING ORGANIZATIONS EIN 41-4635550 · last filed 990 for 2025
- DECATUR WOMENS CHAMBER OF COMMERCE EIN 47-5225758 · last filed 990-N for 2024
- TABERNACLE OF PRAISE NEW HARVEST OUTREACH MINISTRY INC EIN 92-2684994 · last filed 990-N for 2024
- JUDAH OUTREACH COMMUNITY DEVELOPMENT CORPORATION EIN 47-1411866 · last filed 990-N for 2024
- NATIONAL SOCIETY OF ACCOUNTANTS FOR COOPERATIVES ATLANTIC CHAPTER EIN 81-3287095 · last filed 990-N for 2025
- GENERAL FEDERATION OF WOMENS CLUBS EIN 81-5213244 · last filed 990-N for 2023
- JUNIOR LEAGUE OF MORGAN COUNTY INC EIN 63-6052396 · last filed 990-N for 2025
- PILOT LUNCHEON CLUB OF MORGAN COUNTY INC EIN 47-5012768 · last filed 990-N for 2025
All nonprofits in DECATUR · Alabama · Community improvement and capacity building