Overview

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Est.

1836

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

MOBILE AREA CHAMBER OF COMMERCE is a business promotion organization focused on community and economic development, with a 2024 operating budget of $6.6M and total revenue of $6.3M. Its top listed funders include MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC, HEARIN - CHANDLER FOUNDATION C/O THOMAS B VAN ANTWERP TRUSTEE, and THE CARING FOUNDATION.

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Mission Statement

COMMUNITY AND ECONOMIC DEVELOPMENT

Cause Areas

1
Business promotion
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Financials

2024
Revenues
$6.3M
Expenses
$6.6M
Net Income:
-$239.7K
Assets
$2.4M
Liabilities
$1.6M
Net Assets:
+$809K

Financial Trends

2024
Operating Budget
$6.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC
Mobile, AL, US
$9.8M
95%
HEARIN - CHANDLER FOUNDATION C/O THOMAS B VAN ANTWERP TRUSTEE
Mobile, AL, US
$460K
5%
THE CARING FOUNDATION
Birmingham, AL, US
$40K
< 1%

Grants Received

2024
Total No. of Grants
1
Median grant size
$1M
Largest grant received
$1M

Board & Team

B
Bradley Byrne
Board Member
E
Enoch Smith
Board Member
C
Carita Koen
Board Member
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  • 4 funders
  • 216 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is MOBILE AREA CHAMBER OF COMMERCE’s budget?
In 2024, MOBILE AREA CHAMBER OF COMMERCE reported an annual operating budget of around $6.6 million. More detailed financial information is available to registered users.
What causes does MOBILE AREA CHAMBER OF COMMERCE support?
MOBILE AREA CHAMBER OF COMMERCE supports work in Business promotion.
Where does MOBILE AREA CHAMBER OF COMMERCE operate?
MOBILE AREA CHAMBER OF COMMERCE is headquartered in Mobile, AL.
Who funded MOBILE AREA CHAMBER OF COMMERCE recently?
In 2024, MOBILE AREA CHAMBER OF COMMERCE received grants from MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC, MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC, and HEARIN - CHANDLER FOUNDATION C/O THOMAS B VAN ANTWERP TRUSTEE. More information on this organization’s funders is available to registered users.
What is the largest grant MOBILE AREA CHAMBER OF COMMERCE received in 2024?
The largest grant to MOBILE AREA CHAMBER OF COMMERCE in 2024 exceeds $1 million.