2015-11-06T11:12:04-06:00 2015-06-30 581374304 ROBINSON GRIMES AND COMPANY PC PO BOX 4299 COLUMBUS GA 31914 990 2014-07-01 582014651 COLUMBUS ECONOMIC DEVELOPMENT CORPORATION INC COLU 7063271566 1200 SIXTH AVENUE COLUMBUS GA 31901 FRANK ETHERIDGE CHAIRMAN 7063271566 2015-10-05 1 JACK J PEASE III CPA P00014240 7063245435 2014 2016-04-25 22:37:26Z FRANK ETHERIDGE 1200 SIXTH AVENUE COLUMBUS GA 31901 1040351 0 X N/A X 1991 GA PROVIDE INCENTIVES AND OTHER SUPPORT AS WELL AS THE DEVELOPMENT OF PROPERTY FOR THE ECONOMIC BENEFIT OF THE CITY OF COLUMBUS AND THE SURROUNDING AREA. 11 9 0 11 0 0 0 0 0 0 42 34 351934 398769 351976 398803 0 0 0 0 0 0 0 0 0 8440 8082 8440 8082 343536 390721 10559046 9921994 9627049 8355610 931997 1566384 PROVIDE INCENTIVES AND OTHER SUPPORT AS WELL AS THE DEVELOPMENT OF PROPERTY FOR THE ECONOMIC BENEFIT OF THE CITY OF COLUMBUS AND THE SURROUNDING AREA. 0 0 THE ORGANIZATION HAS ASSISTED THE DEVELOPMENT AUTHORITY OF COLUMBUS, GEORGIA WITH RESPECT TO THE STRUCTURE AND THE FINANCING OF A NUMBER OF PROJECTS DESIRING TO RELOCATE IN COLUMBUS, GEORGIA. THE LOCATION OF THE PROJECTS WOULD NOT HAVE BEEN OTHERWISE FEASIBLE WITHOUT THE SUPPORT OF THE ORGANIZATION. THE RESULTS WERE SIGNIFICANT BENEFITS TO THE COMMUNITY THROUGH CREATION OF JOBS AND CAPITAL INVESTMENT. 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 GA X X JOE SANDERS 7063271566 1200 SIXTH AVENUE COLUMBUS GA 31901 X FRANK S ETHERIDGE III CHAIRMAN 1.00 X X 0 0 0 MATHEWS D MAT SWIFT VICE CHAIR 1.00 X X 0 0 0 P RICHARD DICK ELLIS ASSISTANT SECRETARY 1.00 X X 0 0 0 FERNANDO C VERDREE TREASURER 1.00 X X 0 0 0 JAMES RICK ALEXANDER BOARD MEMBER 0.00 X 0 0 0 JAMES E BUNTIN BOARD MEMBER 0.00 X 0 0 0 CAROLYN F HUGLEY BOARD MEMBER 0.00 X 0 0 0 JACK KEY III BOARD MEMBER 0.00 X 0 0 0 J EDWARD SPROUSE SECRETARY 1.00 X X 0 0 0 OTIS SCARBOROUGH BOARD MEMBER 0.00 X 0 0 0 JAMES D JIMMY YANCEY BOARD MEMBER 0.00 X 0 0 0 0 0 0 0 0 0 0 0 X 34 34 1040317 641548 398769 398769 398769 398803 0 0 398803 X 7750 7750 BANK FEES 332 332 8082 0 8082 0 678569 284608 882145 882145 69766 13204090 4518615 8998332 8685475 10559046 9921994 3443539 3055323 100971 50799 5852572 5179722 229967 69766 9627049 8355610 X 931997 1566384 931997 1566384 10559046 9921994 390721 243666 0 X X 0 1 X 1 0 X X 1 DEVELOPMENT AUTHORITY OF COLUMBUS GEORGIA 521305425 6 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1 THE CITY COUNCIL SELECTS THE BOARDS. 1521200 1521200 10382337 3501413 6880924 960761 686400 274361 339792 330802 8990 8685475 INTEREST RATE SWAP BALANCE 69766 69766 X PART X, LINE 2: GAAP REQUIRES MANAGEMENT TO EVALUATE POSITIONS TAKEN BY (NON-PROFIT) AND RECOGNIZE A TAX LIABILITY IF COLUMBUS ECONOMIC DEVELOPMENT CORPORATION(CEDC) HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR STATE OR LOCAL TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY CEDC AND HAS CONCLUDED THAT AS OF 6/30/15, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. CEDC IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES CEDC IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO 6/30/12. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S FORM 990 IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTANT WELL KNOWN TO THE ORGANIZATION AND EXPERIENCED IN THE AREA OF NON-PROFIT TAXATION. THE BOARD PERFORMS A REVIEW OF THE RETURN TO MAKE SURE NO MATERIAL OMISSIONS OR MISSTATEMENTS ARE MADE ON THE RETURN BEFORE IT IS FILED. ONCE APPROVED, THE RETURN IS SIGNED BY AN AUTHORIZED AGENT AND FILED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND EITHER MAILS, EMAILS, OR FAXES THE APPLICABLE DOCUMENTS TO THE RECIPIENT DEPENDING ON THE PARTICULAR CIRCUMSTANCES. IN ADDITION, THE ORGANIZATION'S 990 IS REPORTED ON GUIDESTAR.COM EACH YEAR FOR GENERAL PUBLIC REVIEW. PART VIII, LINE 6 (B) RENTAL EXPENSES: RENTAL - DEPRECIATION $312,857 RENTAL - INTEREST $309,328 RENTAL - INSURANCE $11,357 RENTAL - LEGAL EXPENSE $8,006 TOTAL $641,548 FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,750. PART XII, LINE 2 (C) THERE HAVE BEEN NO CHANGES IN THE OVERSIGHT OR SELECTION PROCESS DURING THE CURRENT TAX YEAR. GREATER COLUMBUS CHAMBER OF COMMERCE PO BOX 1200 COLUMBUS GA 31902 580201875 PROMOTION OF THE BUSINESS COMMUNITY IN COLUMBUS AND SURROUNDING AREAS GA 501(C)(6) 0 DEVELOPMENT AUTHORITY OF COLUMBUS GEORGIA 1200 SIXTH AVENUE COLUMBUS GA 31901 521305425 PROVIDES INCENTIVES, OTHER SUPPORT & DEVELOPMENT OF PROP. FOR BENEFIT OF COL GA GOV'T 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 DEVELOPMENT AUTHORITY OF COLUMBUS GEORGIA E 388216 GREATER COLUMBUS CHAMBER OF COMMERCE N GREATER COLUMBUS CHAMBER OF COMMERCE O