THE GEORGIA ACADEMY FOR ECONOMIC

Address
P O BOX 487
DOUGLAS, GA 31534
Contact
Phone: +1 (912) 389-4196
Nonprofit
NTEE: S30 - Economic Development
EIN: 58-2472815

Mission

THE GEORGIA ACADEMY FOR ECONOMIC DEVELOPMENT IS ORGANIZED FOR THE PURPOSE OF ASSITING GEORGIA'S LEADERS IN THEIR ECONOMIC DEVELOPMENT EFFORTS BY PROVIDING AN UNDERSTANDING OF THE CRITICAL PROCESSES, STRATEGIES, AND SOLUTIONS INVOLVED IN IMPROVING THEIR COMMUNITY AND ACHIEVING ECONOMIC SUCCESS IN TODAY'S GLOBAL ECONOMY. THE ORGANIZATION ALSO SUPPORTS THOSE ACTIVITIES BELIEVED TO BE BENEFICIAL TO THE COMMUNITY AND OPPOSES THOSE WHICH MIGHT BE DETRIMENTAL.
 20152014201320122011
Basic features of the organization
Year of formation1992
Subsection code03
PF filing required0    
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Number of employees   0 
Personnel
Adams, Shaun
Title  DIRECTOR  
Name of key/compensated person  SHAUN ADAMS  
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00  
Beatty, Mike
TitleDIRECTORDIRECTOR DIRECTOR 
Name of key/compensated personMIKE BEATTYMIKE BEATTY MIKE BEATTY 
Officer, director, trustee, or key employeeTrueTrue   
Reportable compensation from org$0.00$0.00 $0.00 
Campbell, Roy
TitleDIRECTORDIRECTOR DIRECTOR - F 
Name of key/compensated personROY CAMPBELLROY CAMPBELL ROY CAMPBELL 
Officer, director, trustee, or key employeeTrueTrue   
Reportable compensation from org$0.00$0.00 $0.00 
Cardoza, Randy
TitleCHAIRMANCHAIRMAN CHAIRMAN 
Name of key/compensated personRANDY CARDOZARANDY CARDOZA RANDY CARDOZA 
Officer, director, trustee, or key employeeTrueTrue   
Reportable compensation from org$0.00$0.00 $0.00 
Chastain, Dennis
TitleDIRECTORDIRECTORDIRECTORDIRECTOR 
Name of key/compensated personDENNIS CHASTAINDENNIS CHASTAINDENNIS CHASTAINDENNIS CHASTAIN 
Officer, director, trustee, or key employeeTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00$0.00 
Clark, Chris
Title  DIRECTORDIRECTOR 
Name of key/compensated person  CHRIS CLARKCHRIS CLARK 
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00$0.00 
Corbin, Gretchen
Title  DIRECTOR  
Name of key/compensated person  GRETCHEN CORBIN  
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00  
Croteau, Tom
TitleDIRECTORDIRECTOR DIRECTOR 
Name of key/compensated personTOM CROTEAUTOM CROTEAU TOM CROTEAU 
Officer, director, trustee, or key employeeTrueTrue   
Reportable compensation from org$0.00$0.00 $0.00 
Dempsey, Steve
TitleDIRECTORDIRECTOR DIRECTOR - F 
Name of key/compensated personDR STEVE DEMPSEYDR STEVE DEMPSEY DR STEVE DEMPSEY 
Officer, director, trustee, or key employeeTrueTrue   
Reportable compensation from org$0.00$0.00 $0.00 
Dickerson, Alan
Title  DIRECTOR  
Name of key/compensated person  ALAN DICKERSON  
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00  
Edison, Janice
TitleDIRECTORDIRECTOR DIRECTOR 
Name of key/compensated personJANICE EDISONJANICE EDISON JANICE EDISON 
Officer, director, trustee, or key employeeTrueTrue   
Reportable compensation from org$0.00$0.00 $0.00 
Finch, Jim
TitleTREASURERTREASURER TREASURER - 
Name of key/compensated personJIM FINCHJIM FINCH JIM FINCH 
Officer, director, trustee, or key employeeTrueTrue   
Reportable compensation from org$0.00$0.00 $0.00 
Frum, Jennifer
Title  DIRECTORDIRECTOR 
Name of key/compensated person  JENNIFER FRUMJENNIFER FRUM 
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00$0.00 
Gatlin, Charlie
TitleVICE-CHAIRMAVICE-CHAIRMACHAIRMANVICE-CHAIRMA 
Name of key/compensated personCHARLIE GATLINCHARLIE GATLINCHARLIE GATLINCHARLIE GATLIN 
Officer, director, trustee, or key employeeTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00$0.00 
Greene, Todd
TitleDIRECTORDIRECTOR DIRECTOR - F 
Name of key/compensated personTODD GREENETODD GREENE TODD GREENE 
Officer, director, trustee, or key employeeTrueTrue   
Reportable compensation from org$0.00$0.00 $0.00 
Grundmann, Michael
TitleDIRECTORDIRECTOR DIRECTOR 
Name of key/compensated personMICHAEL GRUNDMANNMICHAEL GRUNDMANN MICHAEL GRUNDMANN 
Officer, director, trustee, or key employeeTrueTrue   
Reportable compensation from org$0.00$0.00 $0.00 
Hicks, Matthew
TitleDIRECTORDIRECTOR DIRECTOR - F 
Name of key/compensated personMATTHEW HICKSMATTHEW HICKS MATTHEW HICKS 
Officer, director, trustee, or key employeeTrueTrue   
Reportable compensation from org$0.00$0.00 $0.00 
Ingram, Daryl
Title  DIRECTOR  
Name of key/compensated person  DARYL INGRAM  
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00  
Israel, George
TitleDIRECTORDIRECTOR DIRECTOR - F 
Name of key/compensated personGEORGE M ISRAEL IIIGEORGE M ISRAEL III GEORGE M ISRAEL III 
Officer, director, trustee, or key employeeTrueTrue   
Reportable compensation from org$0.00$0.00 $0.00 
Jackson, Daniel
TitleDIRECTORDIRECTORDIRECTORDIRECTOR 
Name of key/compensated personDANIEL JACKSONDANIEL JACKSONDANIEL JACKSONDANIEL JACKSON 
Officer, director, trustee, or key employeeTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00$0.00 
Lann, Robert
TitleDIRECTORDIRECTOR DIRECTOR - F 
Name of key/compensated personROBERT LANNROBERT LANN ROBERT LANN 
Officer, director, trustee, or key employeeTrueTrue   
Reportable compensation from org$0.00$0.00 $0.00 
Martin, Daylon
Title  EX-OFFICIO M  
Name of key/compensated person  DAYLON MARTIN  
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00  
Meek, Alfie
Title  DIRECTOR  
Name of key/compensated person  ALFIE MEEK  
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00  
Meeks, Alsie
Title   DIRECTOR 
Name of key/compensated person   ALSIE MEEKS 
Reportable compensation from org   $0.00 
Merritt, Pat
TitleDIRECTORDIRECTORAT-LARGE DIRDIRECTOR 
Name of key/compensated personPAT MERRITTPAT MERRITTPAT MERRITTPAT MERRITT 
Officer, director, trustee, or key employeeTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00$0.00 
Moore, Richard
Title  DIRECTOR  
Name of key/compensated person  RICHARD W MOORE  
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00  
Nelson, Jennifer
Title  EX-OFFICIO M  
Name of key/compensated person  JENNIFER NELSON  
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00  
Pennington, Mike
TitleDIRECTORDIRECTORDIRECTORDIRECTOR 
Name of key/compensated personMIKE PENNINGTONMIKE PENNINGTONMIKE PENNINGTONMIKE PENNINGTON 
Officer, director, trustee, or key employeeTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00$0.00 
Persons, Harvey
Title  EX-OFFICIO M  
Name of key/compensated person  HARVEY PERSONS  
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00  
Rohosky, Jackie
Title  DIRECTOR  
Name of key/compensated person  JACKIE ROHOSKY  
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00  
Stafford, Saralyn
Title  TREASURERTREASURER 
Name of key/compensated person  SARALYN STAFFORDSARALYN STAFFORD 
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00$0.00 
Thornton, Corinee
Title  EX-OFFICIO  
Name of key/compensated person  CORINEE THORNTON  
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00  
Wilson, Pat
Title  DIRECTOR  
Name of key/compensated person  PAT WILSON  
Officer, director, trustee, or key employee  True  
Reportable compensation from org  $0.00  
Worley, Mike
TitleDIRECTORDIRECTORVICE-CHAIRMADIRECTOR 
Name of key/compensated personMIKE WORLEYMIKE WORLEYMIKE WORLEYMIKE WORLEY 
Officer, director, trustee, or key employeeTrueTrueTrue  
Reportable compensation from org$0.00$0.00$0.00$0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activities   THE GEORGIA ACADEMY FOR ECONOMIC DEVELOPMENT IS ORGANIZED FOR THE PURPOSE OF ASSITING GEORGIA'S LEADERS IN THEIR ECONOMIC DEVELOPMENT EFFORTS BY PROVIDING AN UNDERSTANDING OF THE CRITICAL PROCESSES, STRATEGIES, AND SOLUTIONS INVOLVED IN IMPROVING THEIR COMMUNITY AND ACHIEVING ECONOMIC SUCCESS IN TODAY'S GLOBAL ECONOMY. THE ORGANIZATION ALSO SUPPORTS THOSE ACTIVITIES BELIEVED TO BE BENEFICIAL TO THE COMMUNITY AND OPPOSES THOSE WHICH MIGHT BE DETRIMENTAL. 
Primary exempt purposeTHE GEORGIA ACADEMY FOR ECONOMIC DEVELOPMENT IS ORGANIZED FOR THE PURPOSE OF ASSITING GEORGIA'S LEADERS IN THEIR ECONOMIC DEVELOPMENT EFFORTS BY PROVIDING AN UNDERSTANDING OF THE CRITICAL PROCESSES, STRATEGIES, AND SOLUTIONS INVOLVED IN IMPROVING THEIR COMMUNITY AND ACHIEVING ECONOMIC SUCCESS IN TODAY'S GLOBAL ECONOMY. THE ORGANIZATION ALSO SUPPORTS THOSE ACTIVITIES BELIEVED TO BE BENEFICIAL TO THE COMMUNITY AND OPPOSES THOSE WHICH MIGHT BE DETRIMENTAL.THE GEORGIA ACADEMY FOR ECONOMIC DEVELOPMENT IS ORGANIZED FOR THE PURPOSE OF ASSITING GEORGIA'S LEADERS IN THEIR ECONOMIC DEVELOPMENT EFFORTS BY PROVIDING AN UNDERSTANDING OF THE CRITICAL PROCESSES, STRATEGIES, AND SOLUTIONS INVOLVED IN IMPROVING THEIR COMMUNITY AND ACHIEVING ECONOMIC SUCCESS IN TODAY'S GLOBAL ECONOMY. THE ORGANIZATION ALSO SUPPORTS THOSE ACTIVITIES BELIEVED TO BE BENEFICIAL TO THE COMMUNITY AND OPPOSES THOSE WHICH MIGHT BE DETRIMENTAL.THE GEORGIA ACADEMY FOR ECONOMIC DEVELOPMENT IS ORGANIZED FOR THE PURPOSE OF ASSITING GEORGIA'S LEADERS IN THEIR ECONOMIC DEVELOPMENT EFFORTS BY PROVIDING AN UNDERSTANDING OF THE CRITICAL PROCESSES, STRATEGIES, AND SOLUTIONS INVOLVED IN IMPROVING THEIR COMMUNITY AND ACHIEVING ECONOMIC SUCCESS IN TODAY'S GLOBAL ECONOMY. THE ORGANIZATION ALSO SUPPORTS THOSE ACTIVITIES BELIEVED TO BE BENEFICIAL TO THE COMMUNITY AND OPPOSES THOSE WHICH MIGHT BE DETRIMENTAL.  
Program service expenses, total$86,462.00$75,465.00$95,286.00$116,677.00 
Programs, including revenue & expenses
THESE AMOUNTS REPRESENT VARIOUS PROGRAM SERVICE EXPENSES RESULTING FROM ACTIVITIES CARRIED ON IN PROVIDING TO GEORGIA'S LEADERS AN UNDERSTANDING OF THE PROCESSES, STRATEGIES, AND SOLUTIONS INVOLVED IN IMPROVING THEIR COMMUNITY.
Program description   THESE AMOUNTS REPRESENT VARIOUS PROGRAM SERVICE EXPENSES RESULTING FROM ACTIVITIES CARRIED ON IN PROVIDING TO GEORGIA'S LEADERS AN UNDERSTANDING OF THE PROCESSES, STRATEGIES, AND SOLUTIONS INVOLVED IN IMPROVING THEIR COMMUNITY. 
Financial data
Revenue
Total revenue$107,084.00$110,603.00$97,991.00$134,158.00 
Revenue from contributions (total)$0.00$0.00$0.00$0.00$0.00
Investment income, current yr$1,553.00$2,274.00$4,100.00$5,437.00 
Total revenue from grants, etc., current yr   $0.00 
Total unrelated business revenue   $0.00 
Other revenue, current yr   $30.00 
Program service revenue (total)$105,531.00$108,329.00$93,891.00$128,691.00$73,249.00
Gross receipts   $134,158.00 
Other types of revenue
Miscellaneous revenue (total)   $30.00 
Income from dividends, interest, and similar investments   $5,437.00 
Net rental income$0.00$0.00 $0.00 
Expense categories (totals)
Total functional expenses: sum of all   $126,042.00 
Total functional expenses: program service    $116,677.00 
Total functional expenses: management and general   $9,365.00 
Total functional expenses: fundraising   $0.00 
Fees for services
Fundraising service fees (total)   $0.00 
Assets and liabilities
Total assets$438,629.00$440,005.00$438,570.00$462,917.00$460,718.00
Total assets, beginning of year$440,005.00$438,570.00$449,267.00$459,843.00 
Total liabilities$218.00$393.00$1,266.00$953.00$1,206.00
Total liabilities, beginning of year$393.00$1,266.00$953.00$5,995.00 
Unrestricted net assets, end of yr   $461,964.00 
Net assets$438,411.00$439,612.00$437,304.00$461,964.00 
Net assets, beginning of year   $453,848.00 
Other assets   $2,163.00 
Cash: non-interest bearing   $36,849.00 
Cash: non-interest bearing, beginning of year   $14,553.00 
Other financial variables
Revenue less expenses   $8,116.00 
Savings & temp cash investment   $409,996.00 
Accounts receivable, net   $13,650.00 
Accounts payable & accrued expenses   $953.00 
Total net assets or fund balances   $461,964.00 
Depreciation, depletion, amortization   $259.00 
Governance and accountability
Number of voting members   15 
Number of independent voting members   15 
Financial sheets audited   True 
Accrual accountingTrueTrueTrueTrue 
Tax year start date2014-07-012013-07-012012-07-012011-07-01 
Tax year end date2015-06-012014-06-012013-06-012012-06-012011-06-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990EZ990EZ990EZ990 
Date e-filing submitted2016-07-152015-03-092014-03-212013-03-14 
IRS schema version2014v6.02013v4.02012v2.32011v1.5 
Filing identifier201620469349200967201530489349200048201440459349200969201320469349302242 
Use these data in your project Benchmark this organization against its peers