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Nonprofit · EIN 46-2974632

BALDWIN COMMUNITY AND ECONOMIC DEVELOPMENT FOUNDATION

Tax-exempt · FAIRHOPE, AL 36533

Financials

$2.9M$312K2023$3.3M$908K2024
Revenue Expenses · by fiscal year end
Financials of BALDWIN COMMUNITY AND ECONOMIC DEVELOPMENT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,317,603$908,114$2,409,489$6,752,930$1,636,846$5,116,084
December 31, 2023990$2,919,797$311,870$2,607,927$2,979,512$272,917$2,706,595
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,197,599
of which government grants
$3,017,760
Program service revenue
$8,700
Investment income
$111,304
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$33,912
Occupancy
$100,000
Travel
$14,569
Depreciation
$12,976
Program services (functional)
$667,204
Management and general (functional)
$181,251
Fundraising (functional)
$59,659

Balance sheet and other

Total assets, start of year
$2,979,512
Total assets, end of year
$6,752,930
Total liabilities, end of year
$1,636,846
Net assets, end of year
$5,116,084
Land, buildings and equipment
$58,390
Net assets without donor restrictions
$628,225
Net assets with donor restrictions
$4,487,859
Gross receipts
$3,317,603
Employees
0
Year formed
2012
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.

NameTitleHours / weekCompensation
STANLEY LAWSONPRESIDENT
Officer
0$0
GIA LONGBOARD MEMBER
Officer
0$0
JASON PADGETTBOARD MEMBER
Officer
0$0
ORMAND THOMPSONBOARD MEMBER
Officer
0$0
JEROD PILOTBOARD MEMBER
Officer
0$0
BILL MITCHELLBOARD MEMBER
Officer
0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
ORMAND THOMPSONBOARD MEMBER
Officer
0$0
JEROD PILOTBOARD MEMBER
Officer
0$0
BILL MITCHELLBOARD MEMBER
Officer
0$0
STANLEY LAWSONPRESIDENT
Officer
0$0
GIA LONGBOARD MEMBER
Officer
0$0
JASON PADGETTBOARD MEMBER
Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 2243, FAIRHOPE, AL 36533-2243
In care of
% STANLEY R LAWSON
Signed the 990
STANLEY R LAWSON, PRESIDENT AND CEO
Phone
(251) 970-4081
Return prepared by
Byers Byers and Associates PC

Mission

TO IMPLEMENT A PROGRAM OF ECONOMIC DEVELOPMENT THAT PROMOTES AN IMPROVED QUALITY OF LIFE FOR RESIDENTS OF BALDWIN COUNTY, ALABAMA, WITH A FOCUS ON THE CREATION AND DEVELOPMENTY OF EMPLOYMENT OPPORTUNITIES FOR THE UNEMPLOYED AND UNDER-EMPLOYED CITIZENS OF BALDWIN COUNTY, ALABAMA.

990 for the year ended December 31, 2024

Program accomplishments

  • TO IMPLEMENT A PROGRAM OF ECONOMIC DEVELOPMENT THAT PROMOTES AN IMPROVED QUALITY OF LIFE FOR RESIDENTS OF BALDWIN COUNTY, ALABAMA, WITH A FOCUS ON THE CREATION AND DEVELOPMENTY OF EMPLOYMENT OPPORTUNITIES FOR THE UNEMPLOYED AND UNDER-EMPLOYED CITIZENS OF BALDWIN COUNTY, ALABAMA.
    Expenses $667,204

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-2974632
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,752,930
Income (IRS master file)
$3,317,603

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,317,603$908,114$6,752,930XML
990December 2023$2,919,797$311,870$2,979,512XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––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 46-2974632).

Questions about BALDWIN COMMUNITY AND ECONOMIC DEVELOPMENT FOUNDATION

What is the EIN of BALDWIN COMMUNITY AND ECONOMIC DEVELOPMENT FOUNDATION?
The employer identification number (EIN) of BALDWIN COMMUNITY AND ECONOMIC DEVELOPMENT FOUNDATION is 46-2974632.
Is BALDWIN COMMUNITY AND ECONOMIC DEVELOPMENT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to BALDWIN COMMUNITY AND ECONOMIC DEVELOPMENT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BALDWIN COMMUNITY AND ECONOMIC DEVELOPMENT FOUNDATION 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 BALDWIN COMMUNITY AND ECONOMIC DEVELOPMENT FOUNDATION 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 BALDWIN COMMUNITY AND ECONOMIC DEVELOPMENT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of BALDWIN COMMUNITY AND ECONOMIC DEVELOPMENT FOUNDATION?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does BALDWIN COMMUNITY AND ECONOMIC DEVELOPMENT FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,317,603, expenses of $908,114 and total assets of $6,752,930 at year end.

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