The Chamber of Commerce of West Alabama Inc

EIN: 630875650

Tuscaloosa, AL

Total Revenue
$2,485,995
Total Expenses
$2,399,855
Total Assets
$1,185,892
Net Assets
$542,694
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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
AL
Phone
2057587588
Tax Period
2024-01-01 to 2024-12-31

The Chamber of Commerce of West Alabama Inc, founded in 1984, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2024. Expenses of $2.4M left a modest 3% surplus.

Mission

The mission of The Chamber of Commerce of West Alabama, Inc is to provide the leadership, vision and catalyst for the advancement of the economic prosperity, business climate, and quality of life...

Program Service Accomplishments

Program 1
Expenses: $91,378 Revenue: $178,678

Leadership and Community Development: Focuses on programs that make a difference in the quality of life in West Alabama. Informational and educational programs include the Womens Leadership Alliance...

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Leadership and Community Development: Focuses on programs that make a difference in the quality of life in West Alabama. Informational and educational programs include the Womens Leadership Alliance, Civic Hall of Fame Induction Ceremony, Leadership Tuscaloosa, Forerunners Youth Leadership Program, Young Tuscaloosa, State of the Community, the Diverse Business Council and the Community Benchmarking Trip

Program 2
Expenses: $214,323 Revenue: $546,445

Education and Workforce Development: To link business and education, leading to sustainable educational excellence and skilled workforce capacity.

Program 3
Expenses: $75,804 Revenue: $93,352

Membership Development: Membership & Investor Relations focuses on our members and major investors. Our Annual Meeting and Award Ceremony celebrates our accomplishments from the previous year...

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Membership Development: Membership & Investor Relations focuses on our members and major investors. Our Annual Meeting and Award Ceremony celebrates our accomplishments from the previous year. Business After Hours and Breakfast & Biz give our members an opportunity to network with each other. Our investor reception honors those who contribute to our five-year plan. Celebrate Local is a community event to showcase our local businesses.

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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 $1,133,140
Program Service Revenue $1,092,360
Investment Income $19,820
Other Revenue $240,675
TOTAL REVENUE $2,485,995

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,131,316
Fundraising Expenses $38,237
Program Expenses $1,057,098
Other Expenses $1,230,302
TOTAL EXPENSES $2,399,855

Year-over-Year Comparison

2024 2023 Change
Revenue $2,485,995 $2,303,978 +0.1%
Expenses $2,399,855 $2,276,615 +0.1%
Net Income $86,140 $27,363 +2.1%
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
42
Independent Members
42
Employees
37
Volunteers
300

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
3
$487,033
Total Directors
43
$223,632
Key Employees
3
$487,033
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anwar Aiken Director 1.00
Director
$0 $0 $0
Alyson Baxter Director 1.00
Director
$0 $0 $0
Elizabeth Beeker Director 1.00
Director
$0 $0 $0
Mary Virginia Best Director 1.00
Director
$0 $0 $0
Mildred Black Director 1.00
Director
$0 $0 $0
Bobby Bragg Director 1.00
Director
$0 $0 $0
Sydney Burns Director 1.00
Director
$0 $0 $0
Michele Coley Director 1.00
Director
$0 $0 $0
Brock Corder Director 1.00
Director
$0 $0 $0
Steven Deal Director 1.00
Director
$0 $0 $0
Heather Dill Director 1.00
Director
$0 $0 $0
David Dubose Director 1.00
Director
$0 $0 $0
Russell DuBose Director 1.00
Director
$0 $0 $0
Amy Echols Director 1.00
Director
$0 $0 $0
Carrie Fitts Director 1.00
Director
$0 $0 $0
Chip Fuqua Director 1.00
Director
$0 $0 $0
Lee Garrison Director 1.00
Director
$0 $0 $0
Jheovanny Gomez Director 1.00
Director
$0 $0 $0
Heyward Gould Director 1.00
Director
$0 $0 $0
Jennifer Hart Director 1.00
Director
$0 $0 $0
Joe Hughes Director 1.00
Director
$0 $0 $0
Carl Jamison Director 1.00
Director
$0 $0 $0
Donny Jones Key Employee 40.00
Officer Director Key Emp Highest
$221,822 $1,810 $223,632
Tony Johnson Director 1.00
Director
$0 $0 $0
Katrina Keefer Director 1.00
Director
$0 $0 $0
Tim Lewis Director 1.00
Director
$0 $0 $0
Jordan Morris Director 1.00
Director
$0 $0 $0
Whitney Oswalt Director 1.00
Director
$0 $0 $0
Jim Page Officer 40.00
Officer Key Emp Highest
$0 $0 $0
David Pass Director 1.00
Director
$0 $0 $0
Jasmine Rainey Director 1.00
Director
$0 $0 $0
David Rains Director 1.00
Director
$0 $0 $0
Nikki Ray Director 1.00
Director
$0 $0 $0
Luke Remmert Director 1.00
Director
$0 $0 $0
Llevelyn Rhone Director 1.00
Director
$0 $0 $0
Kelsey Rush Director 1.00
Director
$0 $0 $0
Stephen Kyle South Officer 1.00
Officer Key Emp Highest
$238,416 $24,985 $263,401
Ken Todd Director 1.00
Director
$0 $0 $0
Cade Warner Director 1.00
Director
$0 $0 $0
Elizabeth Winter Director 1.00
Director
$0 $0 $0
JacQuan Winters Director 1.00
Director
$0 $0 $0
Shay Lawson Director 1.00
Director
$0 $0 $0
Chris Gunter Director 1.00
Director
$0 $0 $0
Cal Holt Director 1.00
Director
$0 $0 $0
Shane Spiller Director 1.00
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 $2,485,995 $2,399,855 $1,185,892 $86,140
2023 $2,303,978 $2,276,615 $1,272,519 $27,363
2022 $2,144,722 $2,096,033 $1,234,848 $48,689
2021 $1,998,697 $2,020,724 $1,170,781 $-22,027
2020 $1,865,835 $1,804,201 $958,811 $61,634
2019 $1,979,467 $1,969,877 $1,021,848 $9,590
2018 $1,895,374 $1,851,310 $773,536 $44,064
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