GULF UNITED METRO BUSINESS ORGANIZATON INC

EIN: 562464257 Community Improvement

GULF SHORES, AL

Total Revenue
$98,872
Total Expenses
$118,580
Total Assets
$127,579
Net Assets
$111,577
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
AL
Principal Officer
TOM HAND
Phone
2519433291
Tax Period
2024-01-01 to 2024-12-31

GULF UNITED METRO BUSINESS ORGANIZATON INC, founded in 2004, is a micro nonprofit in the Community Improvement sector that reported $99K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $119K exceeded revenue, resulting in a 20% operating deficit.

Mission

INCREASE AND ORGANIZE TOURISM AND ECONOMIC DEVELOPMENT IN SOUTH BALDWIN COUNTY.

Program Service Accomplishments

Program 1

COORDINATION OF LOBBYING EFFORTS FOR LOCAL AND STATE ELECTED OFFICIALS TO PROMOTE TOURISM AND ECONOMIC DEVELOPMENT IN SOUTH BALDWIN COUNTY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $125,500
Program Service Revenue $0
Investment Income $0
Other Revenue $-26,628
TOTAL REVENUE $98,872

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $118,580
TOTAL EXPENSES $118,580

Year-over-Year Comparison

2024 2023 Change
Revenue $98,872 $206,190 -0.5%
Expenses $118,580 $212,390 -0.4%
Net Income $-19,708 $-6,200 +2.2%
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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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PENNY GROUX CHAIRPERSON N/A
Officer Director
$0 $0 $0
JIM BIBBY VICE CHAIRMA N/A
Officer Director
$0 $0 $0
TOMMY LEE DIRECTOR N/A
Officer Director
$0 $0 $0
PATRICK BUSSEY DIRECTOR N/A
Director
$0 $0 $0
DONNA WATTS DIRECTOR N/A
Director
$0 $0 $0
BETH GENDLER DIRECTOR N/A
Director
$0 $0 $0
GREG ALEXANDER DIRECTOR N/A
Director
$0 $0 $0
TOM HAND TREASURER N/A
Officer Director
$0 $0 $0
DR MARGARET ROLEY DIRECTOR N/A
Director
$0 $0 $0
CHAD WATKINS DIRECTOR N/A
Director
$0 $0 $0
KRISTIN HELLMICH DIRECTOR N/A
Director
$0 $0 $0
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 $98,872 $118,580 $127,579 $-19,708
2023 $206,190 $212,390 $137,294 $-6,200
2022 $132,344 $84,182 $137,579 $48,162
2021 $137,941 $102,000 $89,323 $35,941
2020 $178,125 $177,906 $53,475 $219
2019 $208,821 $159,644 $53,237 $49,177
2018 $107,370 $128,428 $7,290 $-21,058
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