2024-11-15T13:39:21-06:00 2023-12-31 580692043 MAULDIN & JENKINS LLC 2000 SOUTHBRIDGE PARKWAY STE 501 BIRMINGHAM AL 35209 990 2023-01-01 631126742 THE ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA FOUNDATION INC ECON 2059434706 1320 1ST AVENUE SOUTH BIRMINGHAM AL 35233 GREG BARKER PRESIDENT 2059434706 2024-11-08 1 1 MEREDITH SMITH P00663029 2054452880 2024-11-08 2023 2024-10-15 13:58:12Z GREG BARKER 1320 1ST AVENUE SOUTH BIRMINGHAM AL 35233 2569671 0 X HTTPS://WWW.EDPA.COM/EDPA-FOUNDATION X 1994 AL SUPPORTING ORGANIZATION FOR ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA, INC. 9 9 0 0 0 0 6959210 1739625 31862 57814 81389 109002 752 3968 7073213 1910409 225000 212500 0 0 0 0 0 0 30505 2451636 2703939 2676636 2916439 4396577 -1006030 7740851 6973983 129193 135552 7611658 6838431 SUPPORTING ORGANIZATION FOR ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA, INC. 0 0 2675898 212500 1910409 ALABAMA LAUNCHPAD IS A PROGRAM OF THE ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA FOUNDATION, A 501(C)(3) ORGANIZATION. THROUGH A PROOF OF CONCEPT COMPETITION, A SEED STAGE COMPETITION, REGIONAL COMPETITIONS, IMERGE NETWORKING EVENTS AND DATA INSIGHTS REPORTS, ALABAMA LAUNCHPAD PROVIDES A FRAMEWORK FOR INDIVIDUALS IN THE STATE TO LOCATE INNOVATIONS, DEVELOP THEIR BUSINESS IDEAS AND CONNECT TO A NETWORK OF EXPERTS, INVESTORS AND SERVICE PROVIDERS THAT CAN INCREASE THE ODDS OF SUCCESS. ALABAMA LAUNCHPAD PROVIDES UNIQUE OPPORTUNITIES TO OBTAIN START-UP CAPITAL, RECEIVE EXPERT GUIDANCE AND ESTABLISH WORKING RELATIONSHIPS WITHIN THE BUSINESS, ACADEMIC AND INVESTMENT CAPITAL COMMUNITIES. ALABAMA LAUNCHPAD ALSO PROVIDES NETWORKING VENUES THROUGHOUT THE STATE TO PUT THE SPOTLIGHT ON STARTUP SUCCESSES. 2675898 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 45 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 AL X MEREDITH M SMITH 2054452880 1320 1ST AVENUE SOUTH BIRMINGHAM AL 35233 JAMES H SANFORD CHAIRMAN 1.00 X X 0 0 0 MICHAEL CHAMBERS DIRECTOR 0.50 X 0 0 0 BOB POWERS DIRECTOR 0.50 X 0 0 0 THOMAS R STANTON DIRECTOR 0.50 X 0 0 0 CARTER WELLS DIRECTOR 0.50 X 0 0 0 LIZ PHARO DIRECTOR 0.50 X 0 0 0 LEIGH DAVIS BOARD MEMBER 0.50 X 0 0 0 DEL SMITH BOARD MEMBER 0.50 0.00 X 0 0 0 GREG BARKER PRESIDENT 4.00 36.00 X 0 0 0 STEVE SEWELL EXECUTIVE VICE PRESIDENT 4.00 36.00 X 0 224082 32000 MILLER GIRVIN EXECUTIVE VICE PRESIDENT 38.00 2.00 X 0 225100 28442 KATHERINE HUGHES VICE PRESIDENT 40.00 X 0 136828 27094 BAKARI MILLER VICE PRESIDENT 1.00 39.00 X 0 140890 14149 LAUREN HYDE VICE PRESIDENT 1.00 39.00 X 0 185479 8812 0 912379 110497 0 0 1 0 0 687155 1052470 1739625 REGISTRATION/WORKSHOP 900099 57814 57814 57814 96034 96034 672230 659262 12968 12968 12968 REDEEMED CC POINTS 900099 3968 3968 3968 1910409 170784 0 0 X 212500 212500 5108 5108 343966 340500 3466 72387 59597 12790 250512 175358 62628 12526 3558 2491 890 177 128281 128281 ALEX EXPENSES 909395 909395 TALENT ATTRACTION MISC 374715 374715 PROGRAM: ALP 302138 302138 PROGRAM: AGTECH 88916 88916 224963 210288 9663 5012 2916439 2675898 210036 30505 1305465 1882966 106994 137764 620198 123929 19474 165393 2500000 1002924 1067814 144601 479068 923213 2699652 2727794 10000 10000 7740851 6973983 103163 71944 26030 63608 129193 135552 X 5809336 4231806 1802322 2606625 7611658 6838431 7740851 6973983 -1006030 232803 0 X X 0 1 X 1 0 X X 1 ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA INC 581904013 1 1 1155610 0 1 1155610 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B: SUPPORTED 501(C)(6) ORGANIZATION DETERMINATION WAS MADE BY REVIEW OF THE IRS DETERMINATION LETTER AND CURRENT YEAR TAX RETURN. PART IV, SECTION A, LINE 3C: CONTROLS ARE IN PLACE TO ENSURE THAT ALL FUNDS FROM EDPA FOUNDATION TO THE SUPPORTED ORGANIZATION ARE USED EXCLUSIVELY FOR THE SUPPORTED ORGANIZATION'S INTENDED MISSION AND PURPOSE. EDPA FOUNDATION AND THE SUPPORTED ORGANIZATION (EDPA) NOT ONLY SHARE KEY MANAGEMENT EMPLOYEES BUT ALSO SEVERAL MEMBERS OF THE BOARD. EACH ORGANIZATION HAS A SEPARATE BOARD OF DIRECTORS, WHICH REVIEWS AND APPROVES THE ANNUAL BUDGET FOR THE ORGANIZATION FOR WHICH THEY SERVE. DUE TO THE RELATIONSHIP BETWEEN THE ORGANIZATIONS, THE BOARD IS UPDATED ANNUALLY ON THE RELATED ORGANIZATION'S EXPECTED ACTIVITIES AND BUDGET. MEETINGS ARE HELD FOR EACH ORGANIZATION DURING THE YEAR WHERE FINANCIAL STATEMENTS ARE PRESENTED AND REVIEWED. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 105708 16321 89387 962106 128280 833826 923213 DUE TO EDPA 63608 63608 X 2143212 232803 232803 1910409 0 1910409 0 0 0 0 0 PART X, LINE 2: EDPA AND ITS SUBSIDIARIES FOLLOW THE PROVISIONS OF THE ACCOUNTING STANDARDS CODIFICATION (ASC) RELATING TO UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE REQUIRES ENTITIES TO ASSESS THEIR TAX POSITIONS FOR THE LIKELIHOOD THAT THEY WOULD BE OVERTURNED UPON INTERNAL REVENUE SERVICE (IRS) EXAMINATION OR UPON EXAMINATION BY STATE TAXING AUTHORITIES. IN ACCORDANCE WITH THIS GUIDANCE, THE EDPA AND ITS SUBSIDIARIES HAVE EACH ASSESSED THEIR TAX POSITIONS AND DETERMINED THAT THEY DO NOT HAVE ANY POSITIONS AT DECEMBER 31, 2023 AND 2022, THAT THEY WOULD BE UNABLE TO SUBSTANTIATE. PART XII, LINE 4B INVESTMENT FEES 1 CROUX INC 1500 1ST AVE N BIRMINGHAM AL 35203 873362738 25000 0 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS VB IDEAS LLC 2040 LAUREL OAK CT MOBILE AL 36695 871201098 50000 0 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS MONTHLY 3261 ONEAL CT MOBILE AL 36695 870972506 25000 0 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS AUTONOMA INC 2124 SEQUOIA DRIVE AUBURN AL 36879 880753376 25000 0 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS CAHABA FIRE COMPANY LLC 8382 SYDNEY DRIVE TRUSSVILLE AL 35173 863227513 25000 0 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS VIVOSPHERE LLC 540 DEVALL DRIVE STE 101-1A02-2 AUBURN AL 36832 883496850 12500 0 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS DOMESTIQUE COFFEE LLC 3017 6TH AVE S BIRMINGHAM AL 35233 474786673 50000 0 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS 7 X X 0 0 0 0 0 0 0 0 0 STEVE SEWELL EXECUTIVE VICE PRESIDENT 0 218613 0 3489 0 1980 0 10730 0 21270 0 256082 0 0 MILLER GIRVIN EXECUTIVE VICE PRESIDENT 0 219749 0 5051 0 300 0 8474 0 19968 0 253542 0 0 LAUREN HYDE VICE PRESIDENT 0 181544 0 3695 0 240 0 8112 0 700 0 194291 0 0 KATHERINE HUGHES VICE PRESIDENT 0 133869 0 2719 0 240 0 5824 0 21270 0 163922 0 0 BAKARI MILLER VICE PRESIDENT 0 137791 0 2799 0 300 0 6790 0 7359 0 155039 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE EDPA FOUNDATION BOARD OF DIRECTORS FOR REVIEW BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE ASKED ON AN ANNUAL BASIS TO REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN A STATEMENT THAT THEY HAVE READ AND UNDERSTOOD THE POLICY AND AGREE TO COMPLY WITH IT. FORM 990, PART VI, SECTION C, LINE 19 AS A GENERAL RULE, WRITTEN REQUEST BY THE PUBLIC WOULD BE REVIEWED BY THE BOARD AND ACTED UPON AND TAX RETURNS WOULD BE MADE AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART IX, LINE 11G CONTRACT - PERSONNEL: PROGRAM SERVICE EXPENSES 52,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 52,500. TAX SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,466. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,466. EVENT CONSULTANTS: PROGRAM SERVICE EXPENSES 288,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 288,000. FORM 990, PART XII, LINE 2C NO CHANGES WERE MADE TO THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE CURRENT YEAR. ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA INC 1320 1ST AVENUE SOUTH BIRMINGHAM AL 35233 581904013 TO ADVANCE ECONOMIC AND BUSINESS GROWTH IN ALABAMA AL 501(C)(6) NA N/A 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA K 3558 ACTUAL EXPENSES ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA O 720880 ACTUAL EXPENSES ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA P 188502 ACTUAL EXPENSES ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA C 250000 FMV