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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Southern Development Council

Southern Development Council

Fiscal year ending 2024. Filed on May 23, 2025.

200 Office Park Drive 338
Mountain Brook, Alabama 35223

Southern Development Council (EIN: 63-0866023) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Southern Development Council, a 501(c)(3) charitable organization, reported compensation for 1 out of 10 total employees. Among the employees shown here, the average compensation is $190,037. The highest compensated employee at Southern Development Council is Yolanda Merriweather with fiscal year 2024 compensation of $190,037.

Revenue, expenses, and employee compensation

Revenue

$1,494,206

Expenses

$1,380,940

Employee compensation

$847,248
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Yolanda Merriweather
President and Executive Director
$190,037
$181,413 No related comp$8,624

Benchmark Employee Compensation

Non-Employee Board Members

Charles Eddy
Vice President
David Mathis
Board Chair
Demarco McClain
Board Member
Jim Searcy
Board Member
Jo Karen Parr
Board Member
John Knight
Board Member
Lee Adcox
Board Member
Mark Chambers
Vice President
Patrick Hamner
Board Member
Spencer Wiggins
Board Member

Mission Statement

THE ORGANIZATION'S MISSION IS TO PROMOTE SMALL BUSINESS GROWTH AND DEVELOPMENT BY ASSISTING THEM WITH OBTAINING THE FINANCING THEY NEED IN ORDER TO ACHIEVE THAT GROWTH AND DEVELOPMENT INCLUDING JOB CREATION.

Revisions to this organization profile

May 23, 2025:
2024 Southern Development Council 990 filed
May 23, 2024:
2023 Southern Development Council 990 filed
February 13, 2023:
2022 Southern Development Council 990 filed

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