Program areas at The Economic Development Partnership of Alabama Foundation
Alabama launchpad is a program of The Economic Development Partnership of Alabama Foundation, a 501(c)(3) organization. Through a proof of concept competition, a seed stage competition, regional competitions, imerge networking events and data insights reports, Alabama launchpad provides a framework for individuals in The state to locate innovations, develop their business ideas and connect to a network of experts, investors and service providers that can increase The odds of success. Alabama launchpad provides unique opportunities to obtain start-up capital, receive expert guidance and establish working relationships within The business, academic and investment capital communities. Alabama launchpad also provides networking venues throughout The state to put The spotlight on startup successes.
Who funds The Economic Development Partnership of Alabama Foundation
Grants from foundations and other nonprofits
Personnel at The Economic Development Partnership of Alabama Foundation
| Name | Title | Compensation | Date of data |
|---|
| Steve Sewell | Executive Vice President | $0 | 2023-11-15 |
| James H Sanford | Chairman | $0 | 2022-12-31 |
| Greg Barker | President | $0 | 2022-12-31 |
| Katherine Hughes | Vice President | $0 | 2022-12-31 |
| Angela J Wier | Vice President and Treasurer | $0 | 2018-12-31 |
| ...and 4 more key personnel |
Financials for The Economic Development Partnership of Alabama Foundation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $6,959,210 | $1,189,143 | 485.2% |
| Program services | $31,862 | $13,801 | 130.9% |
| Investment income and dividends | $69,325 | $76,840 | -9.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $12,064 | $120,856 | -90% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $752 | $139 | 441% |
| Total revenues | $7,073,213 | $1,400,779 | 404.9% |
Organizations like The Economic Development Partnership of Alabama Foundation
| Organization | Type | Location | Revenue |
|---|
| Ridc of Southwestern Pennsylvania Growth Fund | 501(c)(3) | Pittsburgh, PA | $16,116,168 |
| Partnership for Economic Development of York County | 501(c)(3) | York, PA | $9,874,409 |
| Clovis Economic Development Corporation | 501(c)(3) | Clovis, NM | $3,883,544 |
| Illinois Valley Economic Development Corporation (IVEDC) | 501(c)(3) | Gillespie, IL | $12,871,586 |
| Eastern Maine Development Corporation | 501(c)(3) | Bangor, ME | $11,157,433 |
| Gateway Research Park | 501(c)(3) | Greensboro, NC | $6,286,958 |
| Center for Rural Affairs Community Capital | 501(c)(3) | Lyons, NE | $2,121,354 |
| Thurston Economic Development Council Center for Business and Innovation | 501(c)(3) | Lacey, WA | $1,866,030 |
| Omaha Economic Development Corporation (OEDC) | 501(c)(3) | Omaha, NE | $5,224,740 |
| Lawrence Economic Development Corporation (LEDC) | 501(c)(3) | South Point, OH | $5,238,055 |
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 29, 2023
Used new vendors
Identified 4 new vendors, including , , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
EducationCommunity improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
- Address
- 1320 1st Ave South
- Birmingham, AL 35233
- Metro area
- Birmingham-Hoover, AL
- County
- Jefferson County, AL
- Phone
- (205) 943-4706
IRS details
- EIN
- 63-1126742
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1994
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Subordinate organization
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