Form 990 for tax year 2022
Filed by GEORGIA ECONOMIC DEVELOPERS ASSOCIATION INC.
Totals
- Total revenue
- $802,626
- Total expenses
- $757,669
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $784,155
- Investment income
- $8,230
- Other revenue
- $10,241
- Total assets, end of year
- $996,155
- Total liabilities, end of year
- $206,721
- Net assets or fund balances, end of year
- $789,434
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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.
-
2a · Program service revenue: MEETINGS AND CONFERENCES
total $318,870 · related or exempt $318,870
-
2b · Program service revenue: MEMBERSHIP DUES
total $242,550 · related or exempt $242,550
-
2c · Program service revenue: SPONSORSHIP INCOME
total $222,735 · related or exempt $222,735
-
3 · Investment income
total $7,926 · excluded $7,926
-
7a · Gross sales of assets other than inventory
securities $141,000
-
7b · Less cost or other basis and sales expenses
securities $140,696
-
7c · Gain or loss
securities $304
-
7d · Net gain or loss
total $304 · related or exempt $304
-
11a · Other revenue: MISCELLANEOUS
total $10,200 · excluded $10,200
-
11b · Other revenue: CREDIT CARD REWARDS
total $41 · excluded $41
-
11e · Other revenue, total
$10,241
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $14,797
-
6 · Compensation of disqualified persons
total $133,883
-
10 · Payroll taxes
total $10,451
-
11a · Fees: management
total $100,560
-
11c · Fees: accounting
total $7,726
-
11d · Fees: lobbying
total $60,675
-
11g · Fees: other
total $21,024
-
13 · Office expenses
total $23,202
-
14 · Information technology
total $4,131
-
16 · Occupancy
total $23,815
-
17 · Travel
total $3,672
-
19 · Conferences, conventions and meetings
total $329,954
-
22 · Depreciation, depletion and amortization
total $847
-
23 · Insurance
total $2,403
-
24a · Other expenses: COMMITTEE ACTIVITIES
total $12,629
-
24b · Other expenses: AFFILIATIONS
total $4,605
-
24c · Other expenses: PROFESSIONAL DEVELOPMENT
total $2,975
-
24d · Other expenses: PLAQUES, MEMORIALS
total $300
-
24e · All other expenses
total $20
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $50,413 · end of year $129,237
-
2 · Savings and temporary cash investments
beginning of year $628,171 · end of year $568,330
-
4 · Accounts receivable
beginning of year $11,748 · end of year $21,680
-
9 · Prepaid expenses and deferred charges
beginning of year $2,452 · end of year $9,623
-
10a · Land, buildings and equipment: cost or other basis
$6,636
-
10b · Land, buildings and equipment: accumulated depreciation
$5,400
-
10c · Land, buildings and equipment, net
beginning of year $864 · end of year $1,236
-
11 · Investments: publicly traded securities
beginning of year $323,033 · end of year $263,549
-
15 · Other assets
beginning of year $5,158 · end of year $2,500
-
17 · Accounts payable and accrued expenses
beginning of year $7,064 · end of year $28,468
-
19 · Deferred revenue
beginning of year $173,190 · end of year $167,420
-
25 · Other liabilities
beginning of year $18,507 · end of year $10,833
-
27 · Net assets without donor restrictions
beginning of year $823,078 · end of year $789,434
Mission and programs · 2022
Mission
THE ORGANIZATION'S MISSION IS TO SERVE AS THE RESOURCE FOR NETWORKING, PROFESSIONAL DEVELOPMENT AND PUBLIC POLICY FOR GEORGIA'S ECONOMIC DEVELOPMENT COMMUNITY.
-
MEETINGS, WORKSHOPS & CONFERENCES - MONTHLY MEETINGS, SPRING WORKSHOP, ANNUAL CONFERENCE - INCREASE EFFECTIVENESS OF MEMBERS BY ENCOURAGING COOPERATION, EXCHANGING INFORMATION, AND IMPROVING PROFESSIONAL SKILLS MONTHLY MEETINGS - 6 MEETINGS, TOTAL ATTENDANCE 1,039 PERSONS; SPRING WORKSHOP - TOTAL ATTENDANCE - 309 PERSONS; ANNUAL CONFERENCE - TOTAL ATTENDANCE - 564 PERSONS.
-
COMMITTEE ACTIVITIES - DEVELOP INFORMATION ON ECONOMIC DEVELOPMENT ISSUES TO DISSEMINATE VIA MONTHLY & SPECIAL MEETINGS, SPRING WORKSHOP, ANNUAL CONFERENCE, PRINT AND ELECTRONIC COMMUNICATIONS.
As filed on the 2022 return.
Listed in Part VII
-
BENJY THOMPSON
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
DORIE BACON
1ST VICE CHA
- Total calculated
- $0
- Hours/week
- 2
-
TRIP TOLLISON
2ND VICE CHA
- Total calculated
- $0
- Hours/week
- 2
-
CAL WRAY
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 2
-
ANDREA SCHRUIJER
IMMED PAST C
- Total calculated
- $0
- Hours/week
- 2
-
KEVIN SHEA
PRESIDENT
- Total calculated
- $133,883
- From this org
- $121,712
- From related orgs
- $0
- Other
- $12,171
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $121,712
- Bonus
- not reported
- Other
- not reported
- Deferred
- $12,171
- Nontaxable benefits
- not reported
- Filer's total
- $133,883
-
GRANT CAGLE
PRESIDENT &
- Total calculated
- $14,797
- From this org
- $10,385
- From related orgs
- $0
- Other
- $4,412
- Hours/week
- 40
-
MEGAN BAKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LEE CHAPMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JUSTIN FARQUHAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHRISTIE GRIBBLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STACY WATSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BRIAN SILLITO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KRISTY RACHAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TRAVIS STEGALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RYAN WALDREP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MATT COLVIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BARBARA GROGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SERRA HALL
DIRECTOR
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 26 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343109349301349
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