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Nonprofit · EIN 63-1116390

BALDWIN COUNTY ECONOMIC DEVELOPMENT ALLIANCE INC

Tax-exempt · FAIRHOPE, AL 36533

Financials

$2.3M$4.1M2023$2.2M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of BALDWIN COUNTY ECONOMIC DEVELOPMENT ALLIANCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,231,703$2,212,546$19,157$3,575,448$275,252$3,300,196
December 31, 2023990$2,283,163$4,136,887-$1,853,724$3,603,056$322,018$3,281,038
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,001,020
of which government grants
$135,643
Program service revenue
$96,900
Investment income
$128,783
Net gain from sales of assets
$18,567
Other revenue
$5,000

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$846,476
Salaries, compensation and benefits (total)
$1,034,238
Professional fundraising fees
$0
Accounting fees
$63,273
Occupancy
$41,273
Travel
$84,366
Depreciation
$42,387
Program services (functional)
$1,856,991
Management and general (functional)
$355,555

Balance sheet and other

Total assets, start of year
$3,603,056
Total assets, end of year
$3,575,448
Total liabilities, end of year
$275,252
Net assets, end of year
$3,300,196
Land, buildings and equipment
$268,293
Net assets without donor restrictions
$2,332,630
Net assets with donor restrictions
$967,566
Gross receipts
$2,231,703
Employees
7
Year formed
1994
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 / weekCompensationOther / benefits
STANLEY R LAWSONPRESIDENT AND CEO
Key employee
40$354,553$25,015
JOE STOUGHCHAIRMAN
Trustee or director, Officer
5$0$0
BILL MITCHELLSECRETARYTREASURER
Trustee or director, Officer
2$0$0
JIM BIBBYEXECUTIVE COMMITTEE
Trustee or director
1$0$0
GIA LONGTREASURERSECRETARY
Trustee or director, Officer
2$0$0
TODD STEWARTEXECUTIVE COMMITTEE
Trustee or director
1$0$0
MARGARET ROLEYEXECUTIVE COMMITTEE
Trustee or director
1$0$0
JEFF SCHMITZEXECUTIVE COMMITTEE
Trustee or director
1$0$0
WES YOUNGEXECUTIVE COMMITTEE
Trustee or director
1$0$0
GREG ALEXANDEREXECUTIVE COMMITTEE
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
STANLEY R LAWSONPRESIDENT AND CEO
Key employee
40$319,303$32,111
JEFF SCHMITZEXECUTIVE COMMITTEE
Trustee or director
1$0$0
TODD STEWARTEXECUTIVE COMMITTEE
Trustee or director
1$0$0
MARGARET ROLEYEXECUTIVE COMMITTEE
Trustee or director
1$0$0
GREG ALEXANDEREXECUTIVE COMMITTEE
Trustee or director
1$0$0
WES YOUNGEXECUTIVE COMMITTEE
Trustee or director
1$0$0
JIM BIBBYEXECUTIVE COMMITTEE
Trustee or director
1$0$0
JOE STOUGHCHAIRMAN
Trustee or director, Officer
5$0$0
BILL MITCHELLSECRETARYTREASURER
Trustee or director, Officer
2$0$0
GIA LONGTREASURERSECRETARY
Trustee or director, Officer
2$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) 947-2445
Return prepared by
Byers Byers and Associates PC

Mission

THE ALLIANCE PROMOTES ECONOMIC DEVELOPMENT OF BALDWIN COUNTY THROUGH THE RECRUITMENT OF NEW BUSINESS AND PROVIDES ASSISTANCE WITH THE EXPANSION OF EXISTING BUSINESS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ALLIANCE PROMOTES ECONOMIC DEVELOPMENT OF BALDWIN COUNTY THROUGH THE RECRUITMENT OF NEW BUSINESS AND PROVIDES ASSISTANCE WITH THE EXPANSION OF EXISTING BUSINESS. THE ALLIANCE COLLECTS AND COMPILES DEMOGRAPHIC INFORMATION, INCLUDING CENSUS INFORMATION, REGULATORY INFORMATION, SITE/BUILDING AVAILABILITY, SPECIFIC BUSINESS DEVELOPMENT INFORMATION, AND MORE. THE ALLIANCE MARKETS A NATIONAL ADVERTISING PROGRAM DESIGNED TO HEIGHTEN AWARENESS OF BUSINESS GROWTH OPPORTUNITIES IN BALDWIN COUNTY.
    Expenses $1,856,991

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
63-1116390
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,575,448
Income (IRS master file)
$2,231,703

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,231,703$2,212,546$3,575,448XML
990December 2023$2,283,163$4,136,887$3,603,056XML
990December 2022$1,909,050$4,966,704$5,483,841IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 63-1116390).

Questions about BALDWIN COUNTY ECONOMIC DEVELOPMENT ALLIANCE INC

What is the EIN of BALDWIN COUNTY ECONOMIC DEVELOPMENT ALLIANCE INC?
The employer identification number (EIN) of BALDWIN COUNTY ECONOMIC DEVELOPMENT ALLIANCE INC is 63-1116390.
Is BALDWIN COUNTY ECONOMIC DEVELOPMENT ALLIANCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1995.
Are donations to BALDWIN COUNTY ECONOMIC DEVELOPMENT ALLIANCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BALDWIN COUNTY ECONOMIC DEVELOPMENT ALLIANCE 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 BALDWIN COUNTY ECONOMIC DEVELOPMENT ALLIANCE 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 BALDWIN COUNTY ECONOMIC DEVELOPMENT ALLIANCE INC 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 COUNTY ECONOMIC DEVELOPMENT ALLIANCE INC?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $354,553 (STANLEY R LAWSON, PRESIDENT AND CEO).
How much revenue does BALDWIN COUNTY ECONOMIC DEVELOPMENT ALLIANCE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,231,703, expenses of $2,212,546 and total assets of $3,575,448 at year end.

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