The Alliance for Economic Development
TO FOSTER ECONOMIC DEVELOPMENT THROUGH PRIVATE AND PUBLIC COLLABORATIONS TO CREATE NEW JOB OPPORTUNITIES AND BRING ABOUT URBAN REDEVELOPMENT BY MEANS OF CONSOLIDATED AND COORDINATED PUBLIC AGENCY ECONOMIC DEVELOPMENT FUNCTIONS.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$9.5M
-38.6% YoY
Annual Giving
$6.8M
+37.1% YoY
Grant Count
209
+93.5% YoY
Avg Grant Size
$33K
-29.1% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,502,468 | $15,486,207 | $9,043,375 |
| Revenue | $3,561,551 | $14,065,207 | $10,951,032 |
| Expenses | $9,545,290 | $7,622,375 | $2,739,918 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $495,496 | $1,512 | $265 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
428 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Alliance for Economic Development fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J LARRY NICHOLS | DIRECTOR | 0.2 | — |
| RONALD J NORICK | DIRECTOR | 0.2 | — |
| CLAYTON I BENNETT | DIRECTOR | 0.2 | — |
| DEBRA V HAMPTON | DIRECTOR | 0.2 | — |
| CRAIG FREEMAN | DIRECTOR | 0.2 | — |
| TONY J TYLER | DIRECTOR | 0.2 | — |
| MICHAEL BROOKS-JIMINEZ | DIRECTOR | 0.2 | — |
| JAMES R TOLBERT III | DIRECTOR | 0.2 | — |
| COUNCILWOMAN BARBARA PECK | DIRECTOR | 0.2 | — |
| ROY H WILLIAMS | DIRECTOR | 0.2 | — |
| RHONDA HOOPER | DIRECTOR | 0.2 | — |
| GERI HARLAN | CFO | 40 | $200,863 |
| KENTON TSOODLE | PRESIDENT | 40 | $282,278 |
| J KEITH KUHLMAN | DIRECTOR OF SPECIAL PROJEC | 40 | $125,930 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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