MONTGOMERY AREA CHAMBER OF COMMERCE

EIN: 630039380

MONTGOMERY, AL

Total Revenue
$7,879,514
Total Expenses
$7,262,204
Total Assets
$4,202,020
Net Assets
$4,186,375
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Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
AL
Principal Officer
ANNA BUCKALEW
Phone
3348345200
Tax Period
2023-01-01 to 2023-12-31

MONTGOMERY AREA CHAMBER OF COMMERCE, founded in 1945, is a community nonprofit that reported $6.7M in total revenue in fiscal year 2018.

Mission

TO ADVANCE THE CIVIC, COMMERCIAL, AND INDUSTRIAL INTERESTS OF THE MONTGOMERY AREA FOR THE GENERAL BENEFIT AND WELFARE OF THE TOTAL COMMUNITY.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,842,353
Program Service Revenue $2,372,601
Investment Income $37,234
Other Revenue $627,326
TOTAL REVENUE $7,879,514

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,698,939
Fundraising Expenses $0
Other Expenses $3,558,265
TOTAL EXPENSES $7,262,204

Year-over-Year Comparison

2023 2022 Change
Revenue $7,879,514 $6,740,001 +0.2%
Expenses $7,262,204 $6,859,079 +0.1%
Net Income $617,310 $-119,078 -6.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
63
Independent Members
63
Employees
39
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
4
$331,043
Total Directors
78
$0
Key Employees
4
$926,047
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LABARRON BOONE CHAIRMAN 1.00
Officer Director
$0 $0 $0
CEDRIC CAMPBELL IMM PAST CHA 1.00
Officer Director
$0 $0 $0
CARYN HUGHES CHAIRMAN ELE 1.00
Director
$0 $0 $0
STACIA ROBINSON VICE CHAIRMA 1.00
Director
$0 $0 $0
ROBERT BIRMINGHAM VICE CHAIRMA 1.00
Director
$0 $0 $0
JOHN YELVERTON VICE CHAIRMA 1.00
Director
$0 $0 $0
STEVEN REED EX OFFICIO 1.00
Officer Director
$0 $0 $0
RICHARD HANAN DIRECTOR 1.00
Director
$0 $0 $0
DOUG SINGLETON DIRECTOR 1.00
Director
$0 $0 $0
LT GEN ANDREA TULLOS DIRECTOR 1.00
Director
$0 $0 $0
JOHN MAZYCK DIRECTOR 1.00
Director
$0 $0 $0
COL RYAN RICHARDSON DIRECTOR 1.00
Director
$0 $0 $0
AL BURSE DIRECTOR 1.00
Director
$0 $0 $0
DR MELVIN BROWN DIRECTOR 1.00
Director
$0 $0 $0
VIRGINIA WHITFIELD DIRECTOR 1.00
Director
$0 $0 $0
JOSHUA BLADES DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE BRYAN DIRECTOR 1.00
Director
$0 $0 $0
DR KEMBA CHAMBERS DIRECTOR 1.00
Director
$0 $0 $0
SANDY COAKER DIRECTOR 1.00
Director
$0 $0 $0
TOD ETHEREDGE DIRECTOR 1.00
Director
$0 $0 $0
JOHN FENDLEY DIRECTOR 1.00
Director
$0 $0 $0
ANDRE HOWARD DIRECTOR 1.00
Director
$0 $0 $0
PETE KNIGHT DIRECTOR 1.00
Director
$0 $0 $0
BOB RAMSEY DIRECTOR 1.00
Director
$0 $0 $0
ORLANDO CANNON DIRECTOR 1.00
Director
$0 $0 $0
GARY COBBS DIRECTOR 1.00
Director
$0 $0 $0
ROBERT GILPIN DIRECTOR 1.00
Director
$0 $0 $0
TAMMY KNIGHT FLEMING DIRECTOR 1.00
Director
$0 $0 $0
MARGARET NEKIC DIRECTOR 1.00
Director
$0 $0 $0
JOE PERKINS DIRECTOR 1.00
Director
$0 $0 $0
SHARON ROSS DIRECTOR 1.00
Director
$0 $0 $0
ERIC SLOAN DIRECTOR 1.00
Director
$0 $0 $0
RAY WHITE DIRECTOR 1.00
Director
$0 $0 $0
JOHN ANZALONE DIRECTOR 1.00
Director
$0 $0 $0
HELENOR BELL DIRECTOR 1.00
Director
$0 $0 $0
LORI DAVID BOONE DIRECTOR 1.00
Director
$0 $0 $0
ALEX BUMPERS DIRECTOR 1.00
Director
$0 $0 $0
MAC CADDELL DIRECTOR 1.00
Director
$0 $0 $0
QUINTIN HAWKINS DIRECTOR 1.00
Director
$0 $0 $0
MARTIN HEAD DIRECTOR 1.00
Director
$0 $0 $0
DR ASHLEY MCINTYRE DIRECTOR 1.00
Director
$0 $0 $0
BOB PARKER DIRECTOR 1.00
Director
$0 $0 $0
CARL BARKER DIRECTOR 1.00
Director
$0 $0 $0
ROBERT BIRMINGHAM DIRECTOR 1.00
Director
$0 $0 $0
DARRELL BOLLIER DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL DUNN DIRECTOR 1.00
Director
$0 $0 $0
LISTON EDDINS DIRECTOR 1.00
Director
$0 $0 $0
BARRIE HARMON DIRECTOR 1.00
Director
$0 $0 $0
EUI SUNG KIM ERNIE DIRECTOR 1.00
Director
$0 $0 $0
JERRY KYSER DIRECTOR 1.00
Director
$0 $0 $0
JIMMY LOWDER DIRECTOR 1.00
Director
$0 $0 $0
TROY MAXWELL DIRECTOR 1.00
Director
$0 $0 $0
TOM METHVIN DIRECTOR 1.00
Director
$0 $0 $0
PAUL PINYAN DIRECTOR 1.00
Director
$0 $0 $0
DAVID REED DIRECTOR 1.00
Director
$0 $0 $0
JOE RILEY DIRECTOR 1.00
Director
$0 $0 $0
LESLIE SANDERS DIRECTOR 1.00
Director
$0 $0 $0
RUSS TYNER DIRECTOR 1.00
Director
$0 $0 $0
VINCE PEREZ DIRECTOR 1.00
Director
$0 $0 $0
JOSHUA VICK DIRECTOR 1.00
Director
$0 $0 $0
NICHOLAS WILLIS DIRECTOR 1.00
Director
$0 $0 $0
FRANK YARNELL DIRECTOR 1.00
Director
$0 $0 $0
WAYNE ALLEN NON-VOTING M 1.00
Director
$0 $0 $0
TONY ANDERSON NON-VOTING M 1.00
Director
$0 $0 $0
HAL BLOOM NON-VOTING M 1.00
Director
$0 $0 $0
JIM BUCKALEW NON-VOTING M 1.00
Director
$0 $0 $0
MARK BUNTING NON-VOTING M 1.00
Director
$0 $0 $0
GREG COCHRAN NON-VOTING M 1.00
Director
$0 $0 $0
J KYLE DRUMWRIGHT NON-VOTING M 1.00
Director
$0 $0 $0
KEARY FOSTER NON-VOTING M 1.00
Director
$0 $0 $0
DR BRIAN GARY NON-VOTING M 1.00
Director
$0 $0 $0
GARY HARRISON NON-VOTING M 1.00
Director
$0 $0 $0
DR LOUIS LAMBIASE NON-VOTING M 1.00
Director
$0 $0 $0
SAM MARTIN NON-VOTING M 1.00
Director
$0 $0 $0
MARK SNEAD NON-VOTING M 1.00
Director
$0 $0 $0
DOUGH THIESSEN NON-VOTING M 1.00
Director
$0 $0 $0
DR DAVID THRASHER NON-VOTING M 1.00
Director
$0 $0 $0
DR LAKESHIA THOMAS NON-VOTING M 1.00
Director
$0 $0 $0
ANNA BUCKALEW PRESIDENT/CE 40.00
Officer
$314,407 $16,636 $331,043
ELLEN MCNAIR VICE PRESIDE 40.00
Key Emp
$245,345 $15,937 $261,282
SHERON ROSE VICE PRESIDE 40.00
Key Emp
$227,241 $13,937 $241,178
PATSY GUY CFO 40.00
Key Emp
$218,556 $13,839 $232,395
RONALD SIMMONS CHIEF OFFICE 40.00
Key Emp
$176,314 $14,878 $191,192
PAUL REDHEAD VICE PRESIDE 40.00
Highest
$140,370 $9,124 $149,494
SCOTT RIZER CHIEF OFFICE 40.00
Highest
$134,000 $1,300 $135,300
SHELBY STRINGFELLOW VICE PRESIDE 40.00
Highest
$119,464 $20,956 $140,420
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 $7,879,514 $7,262,204 $4,202,020 $617,310
2022 $6,740,001 $6,859,079 $3,614,308 $-119,078
2021 $6,554,835 $5,421,891 $3,766,840 $1,132,944
2020 $5,326,533 $5,606,729 $2,669,242 $-280,196
2019 $6,843,323 $6,776,195 $2,959,064 $67,128
2018 $6,650,153 $6,476,468 $2,833,273 $173,685
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