Nonprofit · EIN 47-1954665
COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF PENSACOLA AND ESCAM
Tax-exempt · PENSACOLA, FL 32502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,340,776 | $1,147,920 | $192,856 | $1,735,729 | $301,337 | $1,434,392 |
| September 30, 2024 | 990 | $1,899,003 | $1,279,134 | $619,869 | $1,813,239 | $348,931 | $1,464,308 |
| September 30, 2023 | 990 | $1,184,018 | $1,177,158 | $6,860 | $929,668 | $475,081 | $454,587 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $1,204,946
- of which government grants
- $825,000
- Membership dues
- $178,582
- Program service revenue
- $125,769
- Investment income
- $3,919
- Other revenue
- $6,142
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $148,500
- Other salaries and wages
- $314,824
- Salaries, compensation and benefits (total)
- $549,493
- Professional fundraising fees
- $0
- Legal fees
- $11,955
- Accounting fees
- $67,045
- Occupancy
- $179,523
- Travel
- $25,174
- Depreciation
- $3,972
- Program services (functional)
- $593,038
- Management and general (functional)
- $554,882
Balance sheet and other
- Total assets, start of year
- $1,813,239
- Total assets, end of year
- $1,735,729
- Total liabilities, end of year
- $301,337
- Net assets, end of year
- $1,434,392
- Land, buildings and equipment
- $13,829
- Net assets without donor restrictions
- $506,238
- Net assets with donor restrictions
- $928,154
- Gross receipts
- $1,340,776
- Employees
- 5
- Volunteers
- 0
- Year formed
- 2014
- State of legal domicile
- FL
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Chris Plate | CEO Officer | 40 | $148,500 | $25,654 |
| David Bear | President Trustee or director, Officer | 1 | $0 | $0 |
| Ryan Tilley | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Charletha Powell | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Olevia McNally | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Donnie McMahon | Director Trustee or director | 1 | $0 | $0 |
| Matt Davis | Director Trustee or director | 1 | $0 | $0 |
| Don Palmer | Director Trustee or director | 1 | $0 | $0 |
| Jim Waite | Director Trustee or director | 1 | $0 | $0 |
| Chris Plaeger | Investor Trustee or director | 1 | $0 | $0 |
| KC Gartman | Investor Trustee or director | 1 | $0 | $0 |
| Kelvin Enfinger | Investor Trustee or director | 1 | $0 | $0 |
| Justin Beck | Investor Trustee or director | 1 | $0 | $0 |
| Charlie Sherrill | Investor Trustee or director | 1 | $0 | $0 |
| Mike Morette | Investor Trustee or director | 1 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Roy | Investor Trustee or director | 1 | $0 |
| Ed Meadows | Investor Trustee or director | 1 | $0 |
| Marcus McBride | Investor Trustee or director | 1 | $0 |
| Rick Byars | Interim CEO Officer | 40 | $0 |
990 for the year ended September 30, 2024: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Bear | President Trustee or director, Officer | 1 | $0 |
| Ryan Tilley | Vice President Trustee or director, Officer | 1 | $0 |
| Charletha Powell | Secretary Trustee or director, Officer | 1 | $0 |
| Olevia McNally | Treasurer Trustee or director, Officer | 1 | $0 |
| Donnie McMahon | Director Trustee or director | 1 | $0 |
| Matt Davis | Director Trustee or director | 1 | $0 |
| Verdell Hawkins | Director Trustee or director | 1 | $0 |
| Don Palmer | Director Trustee or director | 1 | $0 |
| Jim Waite | Director Trustee or director | 1 | $0 |
| KC Gartman | Investor Trustee or director | 1 | $0 |
| Marcus McBride | Investor Trustee or director | 1 | $0 |
| Ed Meadows | Investor Trustee or director | 1 | $0 |
| Justin Beck | Investor Trustee or director | 1 | $0 |
| Mike Morette | Investor Trustee or director | 1 | $0 |
| Mark Roy | Investor Trustee or director | 1 | $0 |
| Charlie Sherrill | Investor Trustee or director | 1 | $0 |
| Kelvin Enfinger | Investor Trustee or director | 1 | $0 |
| Chris Plaeger | Investor Trustee or director | 1 | $0 |
| Rick Byars | Interim CEO Officer | 40 | $0 |
| Brian Hilson | CEO Officer | 40 | $0 |
990 for the year ended September 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Scott Luth | CEO Officer | 40 | $187,651 | $43,273 |
| Rick Byars | President Trustee or director, Officer | 1 | $0 | $0 |
| David Bear | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Ryan Tilley | Secretary/Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Charletha Powell | Director Trustee or director | 1 | $0 | $0 |
| Donnie McMahon | Director Trustee or director | 1 | $0 | $0 |
| Olevia McNally | Director Trustee or director | 1 | $0 | $0 |
| Don Palmer | Director Trustee or director | 1 | $0 | $0 |
| Jim Waite | Director Trustee or director | 1 | $0 | $0 |
| Kelvin Enfinger | Investor Trustee or director | 1 | $0 | $0 |
| KC Gartman | Investor Trustee or director | 1 | $0 | $0 |
| Marcus McBride | Investor Trustee or director | 1 | $0 | $0 |
| Ed Meadows | Investor Trustee or director | 1 | $0 | $0 |
| Dave Murzin | Investor Trustee or director | 1 | $0 | $0 |
| Chris Plaeger | Investor Trustee or director | 1 | $0 | $0 |
| Brian Hilson | CEO Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3 W GARDEN ST STE 618, PENSACOLA, FL 32502-5636
- In care of
- % SCOTT LUTH
- Principal officer (990 for 2024)
- Chris Plate, 3 West Garden Street 618, Pensacola, FL 32502
- Signed the 990
- Chris Plate, CEO
- Phone
- (850) 898-2201
- Website
- www.floridawesteda.com
- Return prepared by
- Saltmarsh Cleaveland and Gund
Mission
Promote business development in Pensacola and Escambia County.
Program accomplishments
- Economic Development - To encourage and assist expansion of local industry and to promote economic development.Expenses $441,131
- CoLab - Targets early-stage, high growth companies to increase their chance of success by providing shared office space, support services and business coaching. The mission is to act as a catalyst to support innovative entrepreneurs who create jobs and can sustain long-term economic growth for Greater Pensacola.Expenses $151,907 · revenue $131,911
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 47-1954665
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $1,735,729
- Income (IRS master file)
- $1,340,776
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,340,776 | $1,147,920 | $1,735,729 | XML |
| 990 | September 2024 | $1,899,003 | $1,279,134 | $1,813,239 | XML |
| 990 | September 2023 | $1,184,018 | $1,177,158 | $929,668 | XML |
| 990 | September 2022 | $1,163,356 | $1,308,620 | $509,626 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 47-1954665).
Questions about COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF PENSACOLA AND ESCAM
- What is the EIN of COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF PENSACOLA AND ESCAM?
- The employer identification number (EIN) of COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF PENSACOLA AND ESCAM is 47-1954665.
- Is COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF PENSACOLA AND ESCAM tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2016.
- Are donations to COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF PENSACOLA AND ESCAM tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF PENSACOLA AND ESCAM 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 COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF PENSACOLA AND ESCAM due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF PENSACOLA AND ESCAM last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF PENSACOLA AND ESCAM?
- The 990 for the year ended September 30, 2025 names Chris Plate.
- Who are the officers and directors of COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF PENSACOLA AND ESCAM?
- The 990 for the year ended September 30, 2025 lists 19 people; 1 received compensation from the organization, the highest $148,500 (Chris Plate, CEO).
- How much revenue does COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF PENSACOLA AND ESCAM have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,340,776, expenses of $1,147,920 and total assets of $1,735,729 at year end.
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