CHAMBER OF COMMERCE OF ALEXANDER CITY

EIN: 630242926

ALEXANDER CITY, AL

Total Revenue
$596,168
Total Expenses
$545,229
Total Assets
$153,817
Net Assets
$113,973
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1910
Principal Officer
STEVEN ROBINSON
Phone
2562343461
Tax Period
2024-01-01 to 2024-12-31

CHAMBER OF COMMERCE OF ALEXANDER CITY, founded in 1910, is a small nonprofit that reported $585K in total revenue in fiscal year 2018. Revenue decreased 19% compared to the prior year. Expenses of $841K exceeded revenue, resulting in a 44% operating deficit.

Mission

THE ORGANIZATION PROMOTES ALEXANDER CITY AND THE LAKE MARTIN AREA BY SPONSORING SEVERAL EVENTS AS WELL AS PROVIDING INFORMATION FOR TOURISTS, BUSINESS, AND NEW RESIDENTS

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $134,500
Program Service Revenue $461,668
Investment Income $0
Other Revenue $0
TOTAL REVENUE $596,168

Expense Breakdown

Grants Paid $0
Salaries & Benefits $285,771
Fundraising Expenses $0
Program Expenses $380,809
Other Expenses $259,458
TOTAL EXPENSES $545,229

Year-over-Year Comparison

2024 2023 Change
Revenue $596,168 $586,489 +0.0%
Expenses $545,229 $608,746 -0.1%
Net Income $50,939 $-22,257 -3.3%
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
22
Independent Members
22
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
5
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WOODY BAIRD DIRECTOR N/A
Director
$0 $0 $0
SHERI BATES DIRECTOR N/A
Director
$0 $0 $0
BRIAN BICE DIRECTOR N/A
Director
$0 $0 $0
LACEY CARLISLE DIRECTOR N/A
Director
$0 $0 $0
CHAD CARTER DIRECTOR N/A
Director
$0 $0 $0
ROBBIE HAYNIE DIRECTOR N/A
Director
$0 $0 $0
TIPPY HUNTER DIRECTOR N/A
Director
$0 $0 $0
AMANDA LUKER EXECUTIVE BO N/A
Officer Director
$0 $0 $0
JEFF LYNN DIRECTOR N/A
Director
$0 $0 $0
TYLER MITCHELL EXECUTIVE BO N/A
Officer Director
$0 $0 $0
JOE MOULTRIE DIRECTOR N/A
Director
$0 $0 $0
LOIS ANN MURPHREE EXECUTIVE BO N/A
Officer Director
$0 $0 $0
ED OLIVER DIRECTOR N/A
Director
$0 $0 $0
MICHAEL PARKER DIRECTOR N/A
Director
$0 $0 $0
JOSE REYES DIRECTOR N/A
Director
$0 $0 $0
KAYLA SEYMORE DIRECTOR N/A
Director
$0 $0 $0
KEVIN SPEAKS EXECUTIVE BO N/A
Officer Director
$0 $0 $0
DAROLD STERLING DIRECTOR N/A
Director
$0 $0 $0
DENISE WALLS DIRECTOR N/A
Director
$0 $0 $0
MICHELLE WEST DIRECTOR N/A
Director
$0 $0 $0
HOLLY WILLIAMS DIRECTOR N/A
Director
$0 $0 $0
DANIEL YATES DIRECTOR N/A
Director
$0 $0 $0
STEVEN ROBINSON PRESIDENT/CE N/A
Officer
$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 $596,168 $545,229 $153,817 $50,939
2023 $586,489 $608,746 $133,249 $-22,257
2022 $562,263 $576,773 $100,541 $-14,510
2021 $499,191 $577,168 $127,537 $-77,977
2020 $779,721 $616,907 $354,250 $162,814
2019 $583,356 $590,157 $260,946 $-6,801
2018 $584,778 $841,110 $251,425 $-256,332
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