Wiregrass Economic Development Corporation

Not tax-deductible

Enterprise, AL501(c)(6)EIN 63-1113305

To promote commercial and industrial growth and prosperity for the city of enterprise, coffee county and geneva county, alabama. The board will pursue a program which includes, but is not limited to: (1) establish and maintain a support and retention program for existing business and industry; (2) work to maintain a high per capita income and create jobs that pay above the average wage rates for southeast alabama; (3) recruit new manufacturing and service sector jobs for our market area; (4) work to increase retail sales within our trade area on an annual basis; and, all other areas deemed necessary to promote economic development in southeast alabama.

75¢ of each $1 spent went to programs.
Run by 24 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $31K a year · 7% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$100K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
Cash reserves
17 mo
of spending, in cash
Looks good: 17.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$31K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
26
of 26 voting members
Looks good: 26 of 26 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$462K
+22% vs prior year
Spent
$455K
To programs
75%
Net assets
$924K
By yearFY2020–FY2024
Revenue
$462K
FY2024▲ +22%
Revenue by fiscal year
FY2020$513K
FY2021$480K
FY2022$445K
FY2023$377K
FY2024$462K
Expenses
$455K
FY2024-0.3%
Expenses by fiscal year
FY2020$403K
FY2021$384K
FY2022$423K
FY2023$456K
FY2024$455K
Net assets
$924K
FY2024▲ +0.8%
Net assets by fiscal year
FY2020$878K
FY2021$974K
FY2022$996K
FY2023$917K
FY2024$924K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $342K Management & general 25% · $113K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

28 people listed on the 990; $100K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$100,320Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jesse Quillen$100,320$96,000$90,000$26,250—
Jonathan Tullos———$21,874$90,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Wiregrass Economic Development Corporation executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Boosts local business and job growth for economic prosperity in Southeast Alabama.

Provided by the organization

This section is blank until Wiregrass Economic Development Corporation claims this page.

Know this organization? Claim it to add your story

2 program services account for $342K of program spending, described in the organization's own filed words · FY2024.
01

Business retention and support

$234Kprogram expense
02

Business and industry recruitment

$108Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$462K
Ln 12
Gifts and grantsLn 1h$333K
Other incomeLn 4–11$123K
Investment incomeLn 3$5K
Money outPt IX
$455K
Ln 25
Programscol B$342K
Managementcol C$113K
Owns and owesPt X
$924K
net assets · Ln 32
Cash and savingsLn 1–2$648K
Total assetsLn 16$955K
LiabilitiesLn 26$31K
PeoplePt VI, VII
28
listed · VII A
PaidVII A1
Voting boardVI 1a26
IndependentVI 1b26
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$333K
Government grantsLn 1e$189K
Investment incomeLn 3$5K
Other incomeLn 4–11$123K
Total revenueLn 12$462K
Assets in detailPt X, end of year
CashLn 1$648K
Cash and savings togetherLn 1–2$648K
Land, buildings, equipmentLn 10c$11K
Total assetsLn 16$955K
LiabilitiesLn 26$31K
Net assetsLn 32$924K
OperationsPt I, VI
EmployeesI 53
VolunteersI 624
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$618K$648K
Land, buildings, equipmentLn 10c$12K$11K
Total assetsLn 16$931K$955K
LiabilitiesLn 26$14K$31K
Net assetsLn 32$917K$924K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$100K$75K$25K
Other salaries and wagesLn 7$62K$46K$15K
Other employee benefitsLn 9$29K$22K$7K
Payroll taxesLn 10$15K$11K$4K
Other fees for servicesLn 11g$8K$8K
Advertising and promotionLn 12$30K$30K
Office expensesLn 13$14K$300$14K
OccupancyLn 16$10K$10K
TravelLn 17$8K$6K$3K
Conferences, conventions and meetingsLn 19$9K$9K
Depreciation, depletion and amortizationLn 22$3K$3K
Other expenses (24a–d)Ln 24$157K$140K$17K
All other expensesLn 24e$9K$2K$7K
Total functional expensesLn 25$455K$342K$113K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $462K$455K$7K$924K 990 PDF
FY2023 $377K$456K−$79K$917K 990 PDF
FY2022 $445K$423K$22K$996K 990 PDF
FY2021 $480K$384K$96K$974K 990 PDF
FY2020 $513K$403K$110K$878K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $461,612 across 6 lines filed
VIII-1e Government grants$188,560
VIII-1f All other contributions, gifts and grants$144,099
VIII-1h Total contributions, gifts and grants$332,659
VIII-3 Investment incomeRelated to mission $5,457$5,457
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $123,496$123,496
VIII-12 Total revenueRelated to mission $128,953 · Unrelated business $0 · Excluded from tax $0$461,612
Part IX · Statement of functional expenses $454,554 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $75,240 · Management $25,080$100,320
IX-7 Other salaries and wagesPrograms $46,423 · Management $15,476$61,899
IX-9 Other employee benefitsPrograms $21,960 · Management $7,320$29,280
IX-10 Payroll taxesPrograms $11,363 · Management $3,788$15,151
IX-11g Other fees for servicesManagement $7,555$7,555
IX-12 Advertising and promotionPrograms $30,167$30,167
IX-13 Office expensesPrograms $300 · Management $14,063$14,363
IX-16 OccupancyManagement $9,945$9,945
IX-17 TravelPrograms $5,682 · Management $2,541$8,223
IX-19 Conferences, conventions and meetingsPrograms $8,747$8,747
IX-22 Depreciation, depletion and amortizationManagement $3,262$3,262
IX-24 Other expenses (24a–d)Programs $140,000 · Management $16,703$156,703
IX-24e All other expensesPrograms $1,797 · Management $7,142$8,939
IX-25 Total functional expensesPrograms $341,679 · Management $112,875 · Fundraising $0$454,554
Part X · Balance sheet $955,124 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $617,661$648,176
X-3 Pledges and grants receivableStart of year $301,378$295,177
X-9 Prepaid expenses and deferred charges$275
X-10c Land, buildings and equipment, netStart of year $11,918$11,496
X-16 Total assetsStart of year $930,957$955,124
X-17 Accounts payable and accrued expensesStart of year $13,737$30,844
X-26 Total liabilitiesStart of year $13,737$30,844
X-27 Net assets without donor restrictionsStart of year $917,220$924,280
X-32 Total net assets or fund balancesStart of year $917,220$924,280
X-33 Total liabilities and net assetsStart of year $930,957$955,124
Part XI · Reconciliation of net assets $924,280 net assets at year end
XI-1 Total revenue$461,612
XI-2 Total expenses$454,554
XI-3 Revenue less expenses$7,058
XI-4 Net assets at start of year$917,220
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$924,280

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.