PETROLEUM & CONVENIENCE MARKETERS OF ALABAMA INC

EIN: 630875758

MONTGOMERY, AL

Total Revenue
$1,077,039
Total Expenses
$947,090
Total Assets
$3,672,463
Net Assets
$3,503,672
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
AL
Principal Officer
BART FLETCHER
Phone
3342723800
Tax Period
2023-01-01 to 2023-12-31

PETROLEUM & CONVENIENCE MARKETERS OF ALABAMA INC, founded in 1984, is a small nonprofit that reported $919K in total revenue in fiscal year 2018. Expenses of $858K left a modest 7% surplus.

Mission

THE PETROLEUM & CONVENIENCE MARKETERS OF ALABAMA SERVES ITS MEMBER COMPANIES BY PROMOTING A FAVORABLE BUSINESS ENVIRONMENT THROUGH ADVOCACY, EDUCATION AND SERVICES.

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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 $0
Program Service Revenue $720,875
Investment Income $211,736
Other Revenue $144,428
TOTAL REVENUE $1,077,039

Expense Breakdown

Grants Paid $2,253
Salaries & Benefits $408,853
Fundraising Expenses $0
Other Expenses $535,984
TOTAL EXPENSES $947,090

Year-over-Year Comparison

2023 2022 Change
Revenue $1,077,039 $1,064,425 +0.0%
Expenses $947,090 $862,561 +0.1%
Net Income $129,949 $201,864 -0.4%
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
15
Independent Members
15
Employees
2
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
$307,620
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLENNIE BENCH BOARD MEMBER 3.00
Director
$0 $0 $0
BRENT COMPTON BOARD MEMBER 3.00
Director
$0 $0 $0
JAMES EIDSON BOARD MEMBER 3.00
Director
$0 $0 $0
BROCK HILL BOARD MEMBER 3.00
Director
$0 $0 $0
WES HOLLAR BOARD MEMBER 3.00
Director
$0 $0 $0
TIM HUFF BOARD MEMBER 3.00
Director
$0 $0 $0
RIC MAYERS BOARD MEMBER 3.00
Director
$0 $0 $0
JP PATEL BOARD MEMBER 3.00
Director
$0 $0 $0
RYAN SHIRLEY BOARD MEMBER 3.00
Director
$0 $0 $0
TODD SITTON BOARD MEMBER 3.00
Director
$0 $0 $0
JONATHAN TANG BOARD MEMBER 3.00
Director
$0 $0 $0
REX JONES CHAIRMAN 8.00
Officer Director
$0 $0 $0
ABBY WIGGINS VICE CHAIRMAN 3.00
Officer Director
$0 $0 $0
WINN PRESCOTT SECRETARY/TREASURER 3.00
Officer Director
$0 $0 $0
BRIAN YOUNG IMMEDIATE PAST CHAIRMAN 8.00
Officer Director
$0 $0 $0
BART FLETCHER PRESIDENT 40.00
Officer
$263,903 $43,717 $307,620
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 $1,077,039 $947,090 $3,672,463 $129,949
2022 $1,064,425 $862,561 $3,429,721 $201,864
2021 $860,248 $813,930 $3,552,996 $46,318
2020 $763,435 $697,889 $3,202,614 $65,546
2019 $878,776 $816,968 $3,145,667 $61,808
2018 $919,410 $858,055 $2,824,140 $61,355
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