Nonprofit · EIN 63-0462380
NORTH ALABAMA INDUSTRIAL DEVELOPMENT ASSOCIATION INC
Tax-exempt · DECATUR, AL 35602
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $754,981 | $814,990 | -$60,009 | $509,385 | $12,387 | $496,998 |
| December 31, 2023 | 990 | $742,719 | $809,197 | -$66,478 | $575,298 | $18,291 | $557,007 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $737,549
- Investment income
- $5,032
- Other revenue
- $12,400
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $289,380
- Salaries, compensation and benefits (total)
- $543,007
- Professional fundraising fees
- $0
- Accounting fees
- $6,575
- Occupancy
- $58,692
- Travel
- $10,372
- Depreciation
- $3,698
- Program services (functional)
- $638,843
- Management and general (functional)
- $176,147
Balance sheet and other
- Total assets, start of year
- $575,298
- Total assets, end of year
- $509,385
- Total liabilities, end of year
- $12,387
- Net assets, end of year
- $496,998
- Land, buildings and equipment
- $183,724
- Net assets without donor restrictions
- $496,998
- Gross receipts
- $754,981
- Employees
- 3
- Year formed
- 1949
- 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 |
|---|---|---|---|
| ALBERTVILLE MUNICIPAL UTILITIES BOAR ALBERTVILLE MUNICIPAL UTILITIES BOAR | MEMBER Trustee or director | – | $0 |
| ARAB ELECTRIC COOPERATIVE ARAB ELECTRIC COOPERATIVE | MEMBER Trustee or director | – | $0 |
| RUSSELLVILLE ELETRIC BOARD | MEMBER Trustee or director | – | $0 |
| CITY OF ATHENS UTILITIES DEPARTMENT CITY OF ATHENS UTILITIES DEPARTMENT | MEMBER Trustee or director | – | $0 |
| CITY OF HUNTSVILLE UTILITIES CITY OF HUNTSVILLE UTILITIES | MEMBER Trustee or director | – | $0 |
| CULLMAN ELECTRIC COOPERATIVE CULLMAN ELECTRIC COOPERATIVE | CHAIRMAN Trustee or director, Officer | – | $0 |
| CULLMAN POWER BOARD CULLMAN POWER BOARD | MEMBER Trustee or director | – | $0 |
| DECATUR UTILITIES DECATUR UTILITITES | SECRETARY/TR Trustee or director, Officer | – | $0 |
| FLORENCE ELECTRIC DEPARTMENT FLORENCE ELECTRIC DEPARTMENT | MEMBER Trustee or director | – | $0 |
| FORT PAYNE IMPROVEMENT AUTHORITY FORT PAYNE IMPROVEMENT AUTHORITY | MEMBER Trustee or director | – | $0 |
| FRANKLIN ELECTRIC COOPERATIVE FRANKLIN ELECTRIC COOPERATIVE | MEMBER Trustee or director | – | $0 |
| GUNTERSVILLE ELECTRIC BOARD GUNTERSVILLE ELECTRIC BOARD | MEMBER Trustee or director | – | $0 |
| HARTSELLE UTILITIES HARTSELLE UTILITIES | AT LARGE Trustee or director, Officer | – | $0 |
| JOE WHEELER EMC JOE WHEELER EMC | IMMEDIATE PA Trustee or director, Officer | – | $0 |
| MARSHALL-DEKALB ELECTRIC COOPERATIVE MARSHALL-DEKALB ELECTRIC COOPERATIVE | AT LARGE MEM Trustee or director | – | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MUSCLE SHOALS ELECTRIC BOARD MUSCLE SHOALS ELECTRIC BOARD | MEMBER Trustee or director | – | $0 |
| NORTH ALABAMA ELECTRIC COOPERATIVE NORTH ALABAMA ELECTRIC COOPERATIVE | MEMBER Trustee or director | – | $0 |
| SAND MOUNTAIN ELECTRIC COOPERATIVE SAND MOUNTAIN ELECTRIC COOPERATIVE | MEMBER Trustee or director | – | $0 |
| SCOTTSBORO ELECTRIC POWER BOARD SCOTTSBORO ELECTRIC POWER BOARD | MEMBER Trustee or director | – | $0 |
| SHEFFIELD UTILITIES SHEFFIELD UTILITIES | MEMBER Trustee or director | – | $0 |
| TVA TVA | TVA REPRESEN Trustee or director | – | $0 |
| TVA | MEMBER Trustee or director | – | $0 |
| TUSCUMBIA UTILITIES TUSCUMBIA UTILITIES | MEMBER Trustee or director | – | $0 |
| STANLEY BROOKS KRACKE | PRESIDENT Officer | – | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALBERTVILLE MUNICIPAL UTILITIES BOAR ALBERTVILLE MUNICIPAL UTILITIES BOAR | MEMBER Trustee or director | – | $0 |
| ARAB ELECTRIC COOPERATIVE ARAB ELECTRIC COOPERATIVE | MEMBER Trustee or director | – | $0 |
| RUSSELLVILLE ELETRIC BOARD | MEMBER Trustee or director | – | $0 |
| CITY OF ATHENS UTILITIES DEPARTMENT CITY OF ATHENS UTILITIES DEPARTMENT | MEMBER Trustee or director | – | $0 |
| CITY OF HUNTSVILLE UTILITIES CITY OF HUNTSVILLE UTILITIES | MEMBER Trustee or director | – | $0 |
| CULLMAN ELECTRIC COOPERATIVE CULLMAN ELECTRIC COOPERATIVE | CHAIRMAN Trustee or director, Officer | – | $0 |
| CULLMAN POWER BOARD CULLMAN POWER BOARD | MEMBER Trustee or director | – | $0 |
| DECATUR UTILITIES DECATUR UTILITITES | SECRETARY/TR Trustee or director, Officer | – | $0 |
| FLORENCE ELECTRIC DEPARTMENT FLORENCE ELECTRIC DEPARTMENT | MEMBER Trustee or director | – | $0 |
| FORT PAYNE IMPROVEMENT AUTHORITY FORT PAYNE IMPROVEMENT AUTHORITY | MEMBER Trustee or director | – | $0 |
| FRANKLIN ELECTRIC COOPERATIVE FRANKLIN ELECTRIC COOPERATIVE | MEMBER Trustee or director | – | $0 |
| GUNTERSVILLE ELECTRIC BOARD GUNTERSVILLE ELECTRIC BOARD | MEMBER Trustee or director | – | $0 |
| HARTSELLE UTILITIES HARTSELLE UTILITIES | AT LARGE Trustee or director, Officer | – | $0 |
| JOE WHEELER EMC JOE WHEELER EMC | IMMEDIATE PA Trustee or director, Officer | – | $0 |
| MARSHALL-DEKALB ELECTRIC COOPERATIVE MARSHALL-DEKALB ELECTRIC COOPERATIVE | AT LARGE MEM Trustee or director | – | $0 |
| MUSCLE SHOALS ELECTRIC BOARD MUSCLE SHOALS ELECTRIC BOARD | MEMBER Trustee or director | – | $0 |
| NORTH ALABAMA ELECTRIC COOPERATIVE NORTH ALABAMA ELECTRIC COOPERATIVE | MEMBER Trustee or director | – | $0 |
| SAND MOUNTAIN ELECTRIC COOPERATIVE SAND MOUNTAIN ELECTRIC COOPERATIVE | MEMBER Trustee or director | – | $0 |
| SCOTTSBORO ELECTRIC POWER BOARD SCOTTSBORO ELECTRIC POWER BOARD | MEMBER Trustee or director | – | $0 |
| SHEFFIELD UTILITIES SHEFFIELD UTILITIES | MEMBER Trustee or director | – | $0 |
| TVA TVA | TVA REPRESEN Trustee or director | – | $0 |
| TVA | MEMBER Trustee or director | – | $0 |
| TUSCUMBIA UTILITIES TUSCUMBIA UTILITIES | MEMBER Trustee or director | – | $0 |
| STANLEY BROOKS KRACKE | PRESIDENT Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1668, DECATUR, AL 35602-1668
- Principal officer (990 for 2024)
- STANLEY BROOKS KRACKE, 410 JOHNSON STREET SUITE A, DECATUR, AL 35601
- Signed the 990
- STANLEY BROOKS KRACKE, PRESIDENT
- Phone
- (256) 353-9450
- Website
- WWW.NAIDA.COM
- Return prepared by
- DARRELL W WATES CPA PC
Mission
ECONOMIC RECRUITMENT AND DEVELOPMENT IN THE NORTH ALABAMA AREA
Program accomplishments
- ECONOMIC DEVELOPMENT AND RECRUITMENT FOR THE NORTH ALABAMA AREAExpenses $631,064
- ECONOMIC DEVELOPMENT AND RECRUITMENT FOR THE NORTH ALABAMA AREAExpenses $7,779
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
- 63-0462380
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1965
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $509,385
- Income (IRS master file)
- $754,981
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $754,981 | $814,990 | $509,385 | XML |
| 990 | December 2023 | $742,719 | $809,197 | $575,298 | XML |
| 990 | December 2022 | $755,646 | $821,835 | $647,168 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 63-0462380).
Questions about NORTH ALABAMA INDUSTRIAL DEVELOPMENT ASSOCIATION INC
- What is the EIN of NORTH ALABAMA INDUSTRIAL DEVELOPMENT ASSOCIATION INC?
- The employer identification number (EIN) of NORTH ALABAMA INDUSTRIAL DEVELOPMENT ASSOCIATION INC is 63-0462380.
- Is NORTH ALABAMA INDUSTRIAL DEVELOPMENT ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1965.
- Are donations to NORTH ALABAMA INDUSTRIAL DEVELOPMENT ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH ALABAMA INDUSTRIAL DEVELOPMENT ASSOCIATION 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 NORTH ALABAMA INDUSTRIAL DEVELOPMENT ASSOCIATION 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 NORTH ALABAMA INDUSTRIAL DEVELOPMENT ASSOCIATION 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 NORTH ALABAMA INDUSTRIAL DEVELOPMENT ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names STANLEY BROOKS KRACKE.
- Who are the officers and directors of NORTH ALABAMA INDUSTRIAL DEVELOPMENT ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 24 people; 0 received compensation from the organization.
- How much revenue does NORTH ALABAMA INDUSTRIAL DEVELOPMENT ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $754,981, expenses of $814,990 and total assets of $509,385 at year end.
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