ALABAMA BROADCASTERS ASSOCIATION

EIN: 630568022

HOOVER, AL

Total Revenue
$1,212,393
Total Expenses
$1,257,627
Total Assets
$2,276,891
Net Assets
$2,271,993
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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
AL
Principal Officer
SHARON TINSLEY
Phone
2059825001
Tax Period
2024-01-01 to 2024-12-31

ALABAMA BROADCASTERS ASSOCIATION, founded in 1972, is a small nonprofit that reported $980K in total revenue in fiscal year 2018. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $888K left a modest 9% surplus.

Mission

THE ALABAMA BROADCASTERS ASSOCIATION (THE ASSOCIATION) IS THE OFFICIAL VOICE OF THE BROADCASTING INDUSTRY IN ALABAMA. WE ARE DEDICATED TO PROTECTING AND ENHANCING BROADCASTING, AND PROMOTING THE PROFESSIONAL STATUS OF OUR MEMBERS.THE ABA HAS PROUDLY SERVED THE BROADCASTING INDUSTRY IN ALABAMA FOR MORE THAN 30 YEARS. WE PROVIDE PROGRAMS AND SERVICES BENEFICIAL TO THE INDIVIDUAL BROADCASTER AND TO OUR MEMBERS AS A GROUP.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,109,635
Investment Income $63,727
Other Revenue $39,031
TOTAL REVENUE $1,212,393

Expense Breakdown

Grants Paid $37,865
Salaries & Benefits $495,659
Fundraising Expenses $0
Other Expenses $724,103
TOTAL EXPENSES $1,257,627

Year-over-Year Comparison

2024 2023 Change
Revenue $1,212,393 $1,395,566 -0.1%
Expenses $1,257,627 $1,492,504 -0.2%
Net Income $-45,234 $-96,938 -0.5%
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
21
Independent Members
21
Employees
3
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
6
$307,398
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRY BARBER BOARD MEMBER 1.00
Director
$0 $0 $0
RONNIE BLOODWORTH BOARD MEMBER 1.00
Director
$0 $0 $0
TINA COFFMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JIMMY CROMWELL BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN DANIELS BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY FRENCH BOARD MEMBER 1.00
Director
$0 $0 $0
JAMA KILLINGSWORTH BOARD MEMBER 1.00
Director
$0 $0 $0
ROBBIE MCALPINE BOARD MEMBER 1.00
Director
$0 $0 $0
BROOKE MYERS BOARD MEMBER 1.00
Director
$0 $0 $0
WAYNE REID BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES ROBINSON BOARD MEMBER 1.00
Director
$0 $0 $0
VALERIE RUSSELL BOARD MEMBER 1.00
Director
$0 $0 $0
SUSANA SCHULER BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID WOODS BOARD MEMBER 1.00
Director
$0 $0 $0
JIMMY SHAW CHAIRMAN 1.00
Officer Director
$0 $0 $0
LEE PERRYMAN CHAIRMAN-ELECT 1.00
Officer Director
$0 $0 $0
ANNE DOLAN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
PAUL ALEXANDER SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
MARK BUNTING IMMEDIATE PAST CHAIRMAN 1.00
Officer Director
$0 $0 $0
DR BRIAN BUTLER EDUCATIONAL ADVISOR 1.00
Director
$0 $0 $0
SCOTT JOHNSON LEGAL COUNSEL 1.00
Director
$0 $0 $0
AL STROH BOARD MEMBER 1.00
Director
$0 $0 $0
SHARON TINSLEY PRESIDENT 40.00
Officer
$274,303 $33,095 $307,398
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 $1,212,393 $1,257,627 $2,276,891 $-45,234
2023 $1,395,566 $1,492,504 $2,250,893 $-96,938
2022 $1,519,427 $1,399,479 $2,321,392 $119,948
2021 $1,309,669 $1,038,671 $2,203,591 $270,998
2020 $1,073,338 $967,417 $1,948,643 $105,921
2019 $1,236,125 $1,064,578 $1,830,246 $171,547
2018 $980,100 $887,893 $1,665,504 $92,207
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