COASTAL ALABAMA BUSINESS CHAMBER INC

EIN: 630837944

GULF SHORES, AL

Total Revenue
$1,838,007
Total Expenses
$1,755,819
Total Assets
$296,217
Net Assets
$-383,257
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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
AL
Principal Officer
KENNETH G ALEXANDER
Phone
2519684237
Tax Period
2025-01-01 to 2025-12-31

COASTAL ALABAMA BUSINESS CHAMBER INC, founded in 1981, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2018. Expenses of $1.9M exceeded revenue, resulting in a 46% operating deficit.

Mission

TO UNITE BUSINESS AND COMMUNITY IN ORDER TO PROMOTE QUALITY BUSINESS GROWTH AND COMMUNITY DEVELOPMENT THROUGH MEMBER SUPPORT, COOPERATION AND COMMUNICATION.

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $542,627
Program Service Revenue $1,287,012
Investment Income $444
Other Revenue $7,924
TOTAL REVENUE $1,838,007

Expense Breakdown

Grants Paid $0
Salaries & Benefits $591,959
Fundraising Expenses $0
Program Expenses $1,497,657
Other Expenses $1,163,860
TOTAL EXPENSES $1,755,819

Year-over-Year Comparison

2025 2024 Change
Revenue $1,838,007 $1,732,557 +0.1%
Expenses $1,755,819 $1,831,376 0.0%
Net Income $82,188 $-98,819 -1.8%
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
25
Independent Members
25
Employees
7
Volunteers
750

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
$281,957
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE MEYER MEMBER AT LARGE 0.50
Director
$0 $0 $0
BOB MCDOWELL FINANCE CHAIR 0.50
Officer Director
$0 $0 $0
TIM LOWER CHAIRMAN 0.50
Officer Director
$0 $0 $0
MARK JONES CHAIRMAN ELECT 0.50
Director
$0 $0 $0
JIM BIBBY IMMEDIATE PAST CHAIRMAN 0.50
Director
$0 $0 $0
RICK CONWAY BOARD MEMBER 0.50
Director
$0 $0 $0
JOHN HARRIS BOARD MEMBER 0.50
Director
$0 $0 $0
HUNTER HARRELSON BOARD MEMBER 0.50
Director
$0 $0 $0
WES HICKS BOARD MEMBER 0.50
Director
$0 $0 $0
BRENTON MCWILLIAMS BOARD MEMBER 0.50
Director
$0 $0 $0
TAYLOR MEANS BOARD MEMBER 0.50
Director
$0 $0 $0
JENIFER PARNELL BOARD MEMBER 0.50
Director
$0 $0 $0
TOM STEBER BOARD MEMBER 0.50
Director
$0 $0 $0
DAVID STIDHAM BOARD MEMBER 0.50
Director
$0 $0 $0
MICHELE BOLING BOARD MEMBER 0.50
Director
$0 $0 $0
MARGARET ROLEY BOARD MEMBER 0.50
Director
$0 $0 $0
MARIE MILLER BOARD MEMBER 0.50
Director
$0 $0 $0
KEN STYRON BOARD MEMBER 0.50
Director
$0 $0 $0
PAIGE FELTS BOARD MEMBER 0.50
Director
$0 $0 $0
JOSH DUPLANTIS BOARD MEMBER 0.50
Director
$0 $0 $0
SHELLY BEECH BOARD MEMBER 0.50
Director
$0 $0 $0
MARK INGRAM BOARD MEMBER 0.50
Director
$0 $0 $0
REGGIE PULLIAM BOARD MEMBER 0.50
Director
$0 $0 $0
MIKE STEWARD BOARD MEMBER 0.50
Director
$0 $0 $0
KENNETH G ALEXANDER CEO 50.00
Officer
$140,263 $0 $140,263
MELISSA SUZETTE HATAWAY VP ACCTNG/ACTING SECRETARY (THRU 06/01/25) 0.50
Officer
$24,346 $0 $24,346
KIMBERLY RAY VP OF ACCOUNTING/ACTING SECRETARY 0.50
Officer
$117,348 $0 $117,348
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
2025 $1,838,007 $1,755,819 $296,217 $82,188
2024 $1,732,557 $1,831,376 $279,235 $-98,819
2023 $1,683,716 $1,806,843 $317,869 $-123,127
2022 $1,242,718 $1,483,939 $437,995 $-241,221
2021 $832,492 $833,680 $737,663 $-1,188
2020 $507,426 $736,190 $396,186 $-228,764
2019 $1,242,309 $1,934,246 $476,160 $-691,937
2018 $1,283,577 $1,874,476 $1,511,150 $-590,899
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