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 12/2021, Baldwin Community And Economic Development Foundation generated $137.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 45.5% each year . All expenses for the organization totaled $154.7k during the year ending 12/2021. 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
2021
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stanley Lawson President | 0 | $0 | |
Donna Givens Board Member | 0 | $0 | |
Tom Debell Board Member | 0 | $0 | |
Jason Padgett Board Member | 0 | $0 | |
Ormand Thompson Board Member | 0 | $0 | |
Ed Hammele Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $118,188 |
Total Program Service Revenue | $3,600 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $15,932 |
Other Revenue | $0 |
Total Revenue | $137,720 |
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 | $121,808 |
Occupancy, rent, utilities, and maintenance | $7,200 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $25,720 |
Total expenses | $154,728 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $108,406 |
Other assets | $0 |
Total assets | $157,757 |
Total liabilities | $0 |
Net assets or fund balances | $157,757 |
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