Birmingham Business Alliance

EIN: 264629738 Community Improvement

Birmingham, AL

Total Revenue
$5,429,844
Total Expenses
$5,402,716
Total Assets
$2,956,316
Net Assets
$2,490,711
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
AL
Principal Officer
Steve Ammons
Phone
2053242100
Tax Period
2023-01-01 to 2023-12-31

Birmingham Business Alliance, founded in 2009, is a community nonprofit in the Community Improvement sector that reported $5.4M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

The organization is a dynamic advocate, unifying voice and constant catalyst for economic development and business prosperity for the Greater Birmingham Region.

Program Service Accomplishments

Program 1
Expenses: $1,850,450 Revenue: $98,457

Economic Development - The Alliance works to increase job growth and capital investment within the seven-county region, attracting and retaining top talent from around the world.

Program 2
Expenses: $673,644

Marketing & Communications - The Alliance markets and promotes the seven-county region through various communications and branding strategies and services.

Program 3
Expenses: $681,411 Revenue: $89,786

Chamber & Public Policy - The Alliance is charged with creating increased economic prosperity in our region in part through our advocacy and governmental affairs work. Public policy efforts are aimed...

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Chamber & Public Policy - The Alliance is charged with creating increased economic prosperity in our region in part through our advocacy and governmental affairs work. Public policy efforts are aimed at addressing issues of regional significance to help move the region forward while providing a unified voice for the business community with our elected officials.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,095,648
Program Service Revenue $196,493
Investment Income $137,703
Other Revenue $0
TOTAL REVENUE $5,429,844

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,994,600
Fundraising Expenses $0
Program Expenses $3,761,277
Other Expenses $2,408,116
TOTAL EXPENSES $5,402,716

Year-over-Year Comparison

2023 2022 Change
Revenue $5,429,844 $4,270,798 +0.3%
Expenses $5,402,716 $4,658,602 +0.2%
Net Income $27,128 $-387,804 -1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
66
Independent Members
66
Employees
25
Volunteers
65

Governance Policies

✗ Conflict of Interest Policy
✓ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$683,836
Total Directors
66
$683,836
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andy Robinson Director 1.00
Director
$0 $0 $0
Beck Taylor Director 1.00
Director
$0 $0 $0
Bill Bowron Jr Director 1.00
Director
$0 $0 $0
Bill Morton Director & Trustee 1.00
Director
$0 $0 $0
Bingham D Edwards Jr Secretary 1.00
Officer Director
$0 $0 $0
Bobbie Knight Director & Trustee 1.00
Director
$0 $0 $0
Burton McDonald Director 1.00
Director
$0 $0 $0
Chad Scroggins Director 1.00
Director
$0 $0 $0
Chip Wann Director 1.00
Director
$0 $0 $0
Christy Hollingsworth CFO 40.00
Officer Director
$208,386 $17,747 $226,133
Clayton Mobley Director & Trustee 1.00
Director
$0 $0 $0
Craft O'Neal Director & Trustee 1.00
Director
$0 $0 $0
Dawn Sharff Director & Trustee 1.00
Director
$0 $0 $0
Ed Aldag Jr Director & Trustee 1.00
Director
$0 $0 $0
Ed Christian Director & Trustee 1.00
Director
$0 $0 $0
Emily L Jerkins Hall COO 40.00
Officer Director
$233,367 $21,045 $254,412
Frank Brocato Director & Trustee 1.00
Director
$0 $0 $0
Grant Haines Director 1.00
Director
$0 $0 $0
Gregory Curran Chairperson of the Board 1.00
Officer Director
$0 $0 $0
Herschell Hamilton Director 1.00
Director
$0 $0 $0
Hugh Thomas Director 1.00
Director
$0 $0 $0
Jabo Waggoner Director & Trustee 1.00
Director
$0 $0 $0
James Carpenter Director 1.00
Director
$0 $0 $0
James Gorrie Director & Trustee 1.00
Director
$0 $0 $0
James Proctor Vice Chair of Public Polic 1.00
Officer Director
$0 $0 $0
Jerry Kelly Director 1.00
Director
$0 $0 $0
Jesse Lewis Sr Director & Trustee 1.00
Director
$0 $0 $0
Jim Vann Director 1.00
Director
$0 $0 $0
Jimmie Stephens Director 1.00
Director
$0 $0 $0
Jimmy Johnston Director 1.00
Director
$0 $0 $0
Joe Hampton Chairperson of the Board-E 1.00
Officer Director
$0 $0 $0
Joel McMahon Director 1.00
Director
$0 $0 $0
John Sherman Director & Trustee 1.00
Director
$0 $0 $0
John Turner Director & Trustee 1.00
Director
$0 $0 $0
Kevin Morris Director 1.00
Director
$0 $0 $0
Lee Smith Director 1.00
Director
$0 $0 $0
Lee Styslinger III Director & Trustee 1.00
Director
$0 $0 $0
Leigh Collier Director & Trustee 1.00
Director
$0 $0 $0
Linda Seal Director 1.00
Director
$0 $0 $0
Lucy Marsh Director 1.00
Director
$0 $0 $0
Mark Tarr Immediate Past Chairperson 1.00
Officer Director
$0 $0 $0
Matthew Dent Director & Trustee 1.00
Director
$0 $0 $0
Michael Johnson Director 1.00
Director
$0 $0 $0
Michael Thompson Director & Trustee 1.00
Director
$0 $0 $0
Michael Tinch Director 1.00
Director
$0 $0 $0
Mike Kemp Director 1.00
Director
$0 $0 $0
Myla Calhoun Director 1.00
Director
$0 $0 $0
Nancy Goedecke Director 1.00
Director
$0 $0 $0
Nathaniel Drummond Director & Trustee 1.00
Director
$0 $0 $0
Ned Rand Director 1.00
Director
$0 $0 $0
Nelson Bean Vice Chair of Finance 1.00
Officer Director
$0 $0 $0
Nick Willis Director & Trustee 1.00
Director
$0 $0 $0
Randall Woodfin Director & Trustee 1.00
Director
$0 $0 $0
Ray Watts Director & Trustee 1.00
Director
$0 $0 $0
Raymond Harbert Director 1.00
Director
$0 $0 $0
Rich Bielen Director & Trustee 1.00
Director
$0 $0 $0
Ronald Mathieu Director 1.00
Director
$0 $0 $0
Selena Rodgers Dickerson Director 1.00
Director
$0 $0 $0
Stan Blanton Director & Trustee 1.00
Director
$0 $0 $0
Steve Ammons President & CEO 40.00
Officer Director
$184,024 $19,267 $203,291
Steven Nichols Director 1.00
Director
$0 $0 $0
Tim Vines Director & Trustee 1.00
Director
$0 $0 $0
Tommy Bringham Director 1.00
Director
$0 $0 $0
Tricia Wallwork Director 1.00
Director
$0 $0 $0
Turner Burton Director & Trustee 1.00
Director
$0 $0 $0
Will French Director 1.00
Director
$0 $0 $0
David Patrick HCE 40.00
Highest
$137,190 $12,874 $150,064
David Russell HCE 40.00
Highest
$130,069 $20,313 $150,382
Karla Khodanian HCE 40.00
Highest
$148,199 $14,215 $162,414
Nanette Baldwin HCE 40.00
Highest
$149,069 $19,360 $168,429
Victor Brown HCE 40.00
Highest
$128,520 $21,546 $150,066
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $5,429,844 $5,402,716 $2,956,316 $27,128
2022 $4,270,798 $4,658,602 $3,081,602 $-387,804
2021 $5,026,644 $4,406,389 $3,411,239 $620,255
2020 $3,588,799 $3,482,278 $2,805,458 $106,521
2019 $3,727,285 $4,077,998 $2,258,925 $-350,713
2018 $3,768,071 $3,914,634 $2,363,830 $-146,563
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