Baldwin Community And Economic Development Foundation
- Assets
- $98.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairhope, AL
- Founding
- 05/2014
- Data as of
- 12/2022
- EIN
- 46-2974632
Organization Overview
Baldwin Community And Economic Development Foundation is located in Fairhope, AL. The organization was established in 2014. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baldwin Community And Economic Development Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Baldwin Community And Economic Development Foundation generated $107.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 34.7% each year . All expenses for the organization totaled $175.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO IMPLEMENT A PROGRAM OF ECONOMIC DEVELOPMENT THAT PROMOTES AN IMPROVED QUALITY OF LIFE FOR RESIDENTS OF BALDWIN COUNTY, ALABAMA, WITH A FOCUS ON THE CREATION AND DEVELOPMENT OF EMPLOYMENT OPPORTUNITIES FOR THE UNEMPLOYED AND UNDER-EMPLOYED CITIZENS OF BALDWIN COUNTY, ALABAMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Hammele Board Member | 0 | $0 | |
Stanley Lawson President | 0 | $0 | |
Gia Long Board Member | 0 | $0 | |
Jason Padgett Board Member | 0 | $0 | |
Ormand Thompson Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,203 |
| Total Program Service Revenue | $7,082 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $40,495 |
| Other Revenue | $0 |
| Total Revenue | $107,780 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $116,797 |
| Occupancy, rent, utilities, and maintenance | $4,800 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,022 |
| Total expenses | $175,619 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,844 |
| Other assets | $0 |
| Total assets | $98,666 |
| Total liabilities | $0 |
| Net assets or fund balances | $98,666 |