1. Directory
  2. Alabama
  3. Decatur
  4. Economic Development Association
EIN 63-0577301

Economic Development Association

IRS 501(c) type
501(c)(6)
Num. employees
4
City
Decatur
State
Alabama
Year formed
1969
Most recent tax filings
2024-09-01
NTEE code, primary
S40: Business and Industry
Description
The Economic Development Association promotes economic development in Morgan County, Alabama by stimulating and promoting the area to provide existing and new businesses with opportunities to expand and locate in the area, bringing jobs and revenue that benefit everyone in the community.
Also known as...
Morgan County Economic Development Association
Total revenues
$467,770
2024
Total expenses
$335,909
2024
Total assets
$2,593,491
2024
Num. employees
4
2024

Program areas at Economic Development Association

The stimulation and promotion of the area provides existing business and new businesses opportunities to expand and locate in the area which benefits everyone in the community by bringing jobs and revenue.
The stimulation and promotion of the area provides existing business and new businesses opportunities to expand and locate in the area which benefits everyone in the community by bringing jobs and revenue.

Personnel at Economic Development Association

NameTitleCompensation
Jeremy NailsPresident and Chief Executive Officer$0
Marley SchmidProject Manager

Financials for Economic Development Association

RevenuesFYE 09/2024
Total grants, contributions, etc.$0
Program services$371,370
Investment income and dividends$90,287
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,113
Total revenues$467,770

Form 990s for Economic Development Association

Fiscal year endingDate received by IRSFormPDF link
2024-092025-02-11990View PDF
2023-092024-06-26990View PDF
2022-092023-03-10990View PDF
2021-092022-04-08990View PDF
2020-092021-07-20990View PDF
...and 11 more Form 990s
Data update history
August 29, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 28, 2024
Updated personnel
Identified 4 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2023
Updated personnel
Identified 6 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Economic developmentBusiness and industry
Characteristics
MembershipsState / local level
General information
Address
300 Market St Ne Suite 2
Decatur, AL 35601
Metro area
Decatur, AL
County
Morgan County, AL
Website URL
mceda.org/ 
Phone
(256) 353-1213
IRS details
EIN
63-0577301
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
Free account sign-up

Want updates when Economic Development Association has new information, or want to find more organizations like Economic Development Association?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy