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Filing year 2024

ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA INC

Birmingham, Alabama·EIN 58-1904013·6
Total revenue
$7.6M
Total assets
$14.5M
Total expenses
$8.1M
Reported officers
38
Mission

TO ADVANCE ECONOMIC AND BUSINESS GROWTH IN ALABAMA.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

$302k
$321k
Base
$260k
Bonus
$5k
Other
Benefits
$19k
Executive Vice President
executive vice president
$225k
$239k
Base
$187k
Bonus
$3k
Other
Benefits
$19k
Executive Director of Al Business Intellligence
$219k
$232k
Base
$199k
Bonus
$4k
Other
Benefits
$457
Vice President of Innovation
vice president
$163k
$173k
Base
$133k
Bonus
$3k
Other
Benefits
$19k
Vice President of Business Development
vice president
$160k
$169k
Base
$140k
Bonus
$3k
Other
Benefits
$7k

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 33 unpaid individuals.

Up 18%
from 2023

From $256k in 2023 to $302k in 2024.

$256k
2023
$302k
2024
In today's dollarsEst.
Up 15% in real terms$280k to $321k

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 PARTNERSHIP OF ALABAMA INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.4M
$5M
2023
$7.6M
$8.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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