Overview

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Est.

2012

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Economic Development Alliance of Bay County Inc (EIN: 45-4008525) is a public/private nonprofit organization focused on economic development and business promotion in Bay County. With an operating budget of $822.7K and total revenue of $768K for the 2024 filing year, the organization is dedicated to creating quality jobs that enhance community wealth while supporting the existing economic base. Notably, it does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base for its initiatives. For more information, visit bayeda.com.

Mission Statement

THE BAY ECONOMIC DEVELOPMENT ALLIANCE (EDA) IS A PUBLIC/PRIVATE NOT-FOR- PROFIT ORGANIZATION DEDICATED TO CREATING NEW QUALITY JOBS WHICH INCREASE THE WEALTH IN THE COMMUNITY WHILE SUSTAINING AND GROWING THE EXISTING ECONOMIC BASE.
Revenues
$768K
Expenses
$822.7K
Net Income:
-$54.7K
Assets
$384.4K
Liabilities
$0
Net Assets:
+$384.4K
Operating Budget
$822.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$169.5K
Largest grant received
$169.5K
R
Rebecca Hardin
Board Member
B
Benjamin Moorman
Board Member
J
Joe Sorci
Board Member

Frequently Asked Questions

What is ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC’s budget?
In 2024, ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC reported an annual operating budget of around $823 thousand. More detailed financial information is available to registered users.
What causes does ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC support?
ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC supports work in Economic development and Business promotion.
Where does ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC operate?
ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC is headquartered in PANAMA CITY, FL.
Who funded ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC recently?
In 2022, ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC received grants from ENTERPRISE FLORIDA INC, ENTERPRISE FLORIDA INC, and ENTERPRISE FLORIDA INC. More information on this organization’s funders is available to registered users.
What is the largest grant ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC received in 2022?
The largest grant to ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC in 2022 exceeds $170 thousand.