Skip to content
Nonprofiteer
← ELEVATE DOUGLAS ECONOMIC DEVELOPMENT CORPORATION INC

Form 990 for tax year 2024

Filed by ELEVATE DOUGLAS ECONOMIC DEVELOPMENT CORPORATION INC.

Totals

Total revenue
$462,534
Total expenses
$428,799
Contributions and grants received
$462,520
Grants paid
$0
Program service revenue
$0
Investment income
$14
Other revenue
$0
Total assets, end of year
$180,529
Total liabilities, end of year
$84,759
Net assets or fund balances, end of year
$95,770
Program services expenses (Part IX)
$206,801
Management and general expenses
$221,998
Fundraising expenses
$0
Program service expenses (Part III)
$206,801

Program services were 48.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $20,000

  • 1f · All other contributions, gifts and grants

    $442,520

  • 3 · Investment income

    total $14 · related or exempt $14

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $85,358 · program services $85,358

  • 11b · Fees: legal

    total $175 · management and general $175

  • 11c · Fees: accounting

    total $13,950 · management and general $13,950

  • 11g · Fees: other

    total $55,000 · management and general $55,000

  • 12 · Advertising and promotion

    total $87,807 · program services $87,807

  • 13 · Office expenses

    total $13,223 · management and general $13,223

  • 14 · Information technology

    total $30,939 · management and general $30,939

  • 17 · Travel

    total $47,487 · management and general $47,487

  • 19 · Conferences, conventions and meetings

    total $47,542 · management and general $47,542

  • 21 · Payments to affiliates

    total $6,113 · management and general $6,113

  • 24a · Other expenses: INDUSTRY TRAINING

    total $15,650 · program services $15,650

  • 24b · Other expenses: VENUE EXPENSES

    total $10,850 · program services $10,850

  • 24c · Other expenses: VENUE EXPENSE

    total $7,136 · program services $7,136

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $3,122 · management and general $3,122

  • 24e · All other expenses

    total $4,447 · management and general $4,447

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $130,756 · end of year $180,529

  • 25 · Other liabilities

    beginning of year $68,721 · end of year $84,759

  • 27 · Net assets without donor restrictions

    beginning of year $62,035 · end of year $95,770

Mission and programs · 2024

Mission

THE ENTITY IS FOCUSED ON CULTIVATING A ROBUST BUSINESS ENVIRONMENT IN DOUGLAS CO. GA

Activities or mission (Part I)

THE ENTITY IS FOCUSED ON CULTIVATING A ROBUST BUSINESS ENVIRONMENT IN DOUGLAS COUNTY.

  • THE PARTNERSHIP REPRESENTS A CONSOLIDATION OF ECONOMIC DEVELOPMENT FUNCTIONS AND RESPONSIBILITIES OF THE DOUGLAS COUNTY ECONOMIC DEVELOPMENT AND THE CITY OF DOUGLASVILLE DEVELOPMENT AUTHORITIES AND IN TURN PARTNERS THEM UP WITH THE DOUGLAS COUNTY CHAMBER IN ORDER TO BETTER ACCOMPLISH GOALS.

    Expenses $206,801 · Revenue $462,534

As filed on the 2024 return.

Listed in Part VII

  • Leslie Choo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nadia Faucette

    DIRECTOR,SEC

    Total calculated
    $0
    Hours/week
    1

  • Shandron Forte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kyle Gable

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Romona Jackson-Jones

    DIRECTOR, EX

    Total calculated
    $0
    Hours/week
    1

  • Gary Miller

    DIRECTOR,CHA

    Total calculated
    $0
    Hours/week
    1

  • Trent North

    DIRECTOR, EX

    Total calculated
    $0
    Hours/week
    1

  • Trevor Quander

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rochelle Robinson

    DIRECTOR, EX

    Total calculated
    $0
    Hours/week
    1

  • Gil Shearouse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Stephens

    DIRECTOR,TRE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
10 March 2025
IRS schema version
2024v5.0
Source object
202500699349300025

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.