SOUTHWEST MOBILE COUNTY CHAMBER OF COMME

EIN: 631081552

MOBILE, AL

Total Revenue
$161,041
Total Expenses
$149,927
Total Assets
$146,490
Net Assets
$139,148
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
AL
Principal Officer
SHARON MURRILL
Phone
2516662846
Tax Period
2024-01-01 to 2024-12-31

SOUTHWEST MOBILE COUNTY CHAMBER OF COMMERCE, founded in 1988, is a small nonprofit that reported $199K in total revenue in fiscal year 2021. The organization ran a surplus of $66K, a strong 33% operating margin.

Mission

THE PURPOSE OF THE CORPORATION IS TO FOSTER, PROMOTE, ADVANCE, AND IMPROVE CIVIC, COMMERCIAL, INDUSTRIAL, AGRICULTURAL, AND GENERAL BUSINESS INTERESTS OF THE TILLMAN'S CORNER AREA, AND TO COOPERATE WITH OTHER COMMUNITIES AND OTHER SIMILAR ORGANIZATIONS IN THE STATE OF ALABAMA AND ELSEWHERE, AND THE PROMOTION OF OTHER GENERAL OBJECTIVES, INCLUDING WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THE IMPROVEMENT OF LIVING CONDITIONS, BUSINESS CONDITIONS, THE GENERAL WELFARE OF THE COMMUNITY, THE INDUSTRY, AGRICULTURE, FINANCE AND TRADE OF THE COMMUNITY. THE CORPORATION SHALL NOT BE CONDUCTED FOR THE PROFIT OF ANY MEMBER OR GROUP OF MEMBERS THEREOF.

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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 $50,055
Program Service Revenue $141,412
Investment Income $0
Other Revenue $-30,426
TOTAL REVENUE $161,041

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,508
Fundraising Expenses $0
Program Expenses $83,063
Other Expenses $117,419
TOTAL EXPENSES $149,927

Year-over-Year Comparison

2024 2023 Change
Revenue $161,041 $142,554 +0.1%
Expenses $149,927 $135,298 +0.1%
Net Income $11,114 $7,256 +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
8
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
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON MURRILL ADVISORY BOARD 0.00
Director
$0 $0 $0
ELAINE SESSIONS DIRECTOR 0.00
Director
$0 $0 $0
CHRISTY MYERS DIRECTOR 0.00
Director
$0 $0 $0
ALAN BOTTOMS DIRECTOR 0.00
Director
$0 $0 $0
FRANK BYRD DIRECTOR 0.00
Director
$0 $0 $0
PAUL RADCZENKO DIRECTOR 0.00
Director
$0 $0 $0
JOHN BEDSOLE DIRECTOR 0.00
Director
$0 $0 $0
TIMOTHY HARDEGREE DIRECTOR 0.00
Director
$0 $0 $0
MICHAEL HAYES DIRECTOR 0.00
Director
$0 $0 $0
MATHEW JAMES DIRECTOR 0.00
Director
$0 $0 $0
KAREN SEITER DIRECTOR 0.00
Director
$0 $0 $0
MARTY CARRELL DIRECTOR 0.00
Director
$0 $0 $0
CLINTON JOHNSON DIRECTOR 0.00
Director
$0 $0 $0
DANI MOORE DIRECTOR 0.00
Director
$0 $0 $0
CHRIS TAYLOR DIRECTOR 0.00
Director
$0 $0 $0
CHRIS BLACK ADVISORY BOARD 0.00
Director
$0 $0 $0
TIFFANY GINN ADVISORY BOARD 0.00
Director
$0 $0 $0
THERESA ORRELL ADVISORY BOARD 0.00
Director
$0 $0 $0
KAY PEACE ADVISORY BOARD 0.00
Director
$0 $0 $0
CURTIS POLK ADVISORY BOARD 0.00
Director
$0 $0 $0
PETE RIEHM ADVISORY BOARD 0.00
Director
$0 $0 $0
JOSH WOODS PRESIDENT 0.00
Officer
$0 $0 $0
APRYL CROWDER TREASURER 0.00
Officer
$0 $0 $0
TORRIAN DAVIS VICE PRESIDENT 0.00
Officer
$0 $0 $0
JO LYNN JONES SECRETARY 0.00
Officer
$0 $0 $0
BRETT ORRELL VICE PRESIDENT 0.00
Officer
$0 $0 $0
LEIGH WEST VICE PRESIDENT 0.00
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 $161,041 $149,927 $146,490 $11,114
2023 $142,554 $135,298 $137,838 $7,256
2022 $134,172 $135,680 $132,857 $-1,508
2021 $198,797 $132,814 $137,283 $65,983
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