St Louis Regional Economic Development Alliance

Nonprofit profile at a glance

EIN
352652316
IRS 990 coverage
2019–2023
Forms available
Form 990 2023
Location
St Louis, MO, USA
Phone
3142315555
Rating confidence
Limited
Sector
Public, Societal Benefit

Official website

Reported finances

Revenue
$11,450
Expenses
$6,450
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • STEVEN S JOHNSON (PRESIDENT)

Highest reported compensation

  • JASON HALL (SECRETARY): $515,404 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Alliance stl is the business attraction initiative of greater st. Louis, inc. Greater st. Louis, inc. Is a nonprofit investor-supported organization comprised of businesses, institutions and organizations of all sizes that reflect the full diversity of our business community. Through greater st. Louis, inc. Our civic-minded business leaders plan and invest strategically together. We champion a forward-looking economic vision for the metropolitan region, a focused strategy around which to act collectively as a business community and in partnership with others. We speak with a unified voice, lead with a bold agenda, and act as one metropolitan region anchored by a vibrant urban core. The greater st. Louis, inc. Model is built on best-in-class examples of how other metro areas like charlotte, denver, des moines, indianapolis, and pittsburgh drive economic development.

What it reported doing in 2023

Former st. Louis regional economic development alliance program services ceased at the end of 2020. St. Louis regional economic development alliance combined into greater st. Louis, inc. And has wound down operations. The former st. Louis regional economic development alliance priorites and goals are no longer the goals and priorities of greater st. Louis, inc.

Operating model

Revenue model
Affiliate-supported. 100% of the money available for current operations came from contributions from related organizations.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 65
  • Accountability: 95
  • Sustainability: 42
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 43.7%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 455.8%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -62.6% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -56.8% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 3 of 3 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $515K · 3 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 9 of 9 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 4 filing years from 2019 to 2023
  • Contacts: How to reach this organization
  • Related organizations: 6 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 2/100.