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Filing year 2024

ECONOMIC DEVELOPMENT ASSOCIATION OF ALABAMA INC

Montgomery, Alabama·EIN 63-0886994·6
Total revenue
$1.2M
Total assets
$989k
Total expenses
$1.1M
Reported officers
15
Mission

EDAA WILL PURPOSEFULLY ADVOCATE ISSUES WHICH CAN POSITIVELY IMPACT THE ECONOMIC DEVELOPMENT COMMUNITY AND PROFESSION IN ALABAMA THROUGH LEGISLATION AND PROFESSIONAL DEVELOPMENT.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Executive Director
$193k
$205k
Base
$140k
Bonus
Other
$6k
Benefits
$33k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Up 10%
from 2023

From $176k in 2023 to $193k in 2024.

$176k
2023
$193k
2024
In today's dollarsEst.
Up 7% in real terms$192k to $205k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ECONOMIC DEVELOPMENT ASSOCIATION OF ALABAMA INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$1.1M
2023
$1.2M
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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