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Filing year 2024

ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA INC

Birmingham, Alabama·EIN 58-1904013·501(c)(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 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Above 90th percentile
$302k
$321k
Base
$260k
Bonus
$5k
Other
Benefits
$19k
Executive Vice President
Median to 75th percentile
$225k
$239k
Base
$187k
Bonus
$3k
Other
Benefits
$19k
Executive Director of Al Business Intellligence
75th to 90th percentile
$219k
$232k
Base
$199k
Bonus
$4k
Other
Benefits
$457
Vice President of Innovation
Vice President
75th to 90th percentile
$163k
$173k
Base
$133k
Bonus
$3k
Other
Benefits
$19k
Vice President of Business Development
Vice President
75th to 90th percentile
$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.

Pay for the position

Executive Vice President pay fell 12% from 2023 to 2024, while revenue rose 75%.

$256k in 2023 to $225k in 2024.
  • Vice President pay fell 16% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.
FAQ

Common questions about ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA INC

What does the Chief Executive Officer of ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA INC earn?

In 2024, the Chief Executive Officer of ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA INC received $302,296 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA INC falls in the top 10%.

What are ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA INC's revenue and expenses?

In 2024, ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA INC reported $7.6M in total revenue and $8.1M in total expenses on its IRS Form 990.

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