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MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC
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MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC
Mobile, AL, US
•
501(c)3
•
EIN
63-0753361
•
WWW.MOBILECHAMBER.COM
•
Regional Funder
MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC
Sign up to claim this org
Mobile, AL, US
•
501(c)3
•
EIN
63-0753361
•
WWW.MOBILECHAMBER.COM
•
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
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Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$2,846,222
Government Grants
79%
Program Services
11%
Contributions
8%
Investments
2%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2024
$2,888,259
Other
46%
Grants
35%
Salaries & Benefits
14%
Depreciation
3%
Offices, Occupancy & IT
2%
Fees to Service Providers
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$343,133
$235,979
-31%
Government Grants
$1,209,475
$2,238,104
+85%
Fundraising Events
$0
$0
-
Program Services
$269,842
$300,000
+11%
Membership Dues
$0
$0
-
Investments
$21,135
$50,057
+137%
Other
-$33,137
$22,082
-167%
Total Revenues
$1,810,448
$2,846,222
+57%
Expenses
2023
2024
Change
Grants
$8,172,955
$1,000,019
-88%
Benefits to Members
$0
$0
-
Salaries & Benefits
$94,669
$401,713
+324%
Fees to Service Providers
$24,150
$15,000
-38%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$132,822
$61,604
-54%
Interest
$19,020
$0
-100%
Depreciation
$90,602
$82,969
-8%
Other
$494,980
$1,326,954
+168%
Total Expenses
$9,029,198
$2,888,259
-68%
Net income
2023
2024
Change
Net income
-$7,218,750
-$42,037
+99%
Functional Expenses
Summary
2023
2024
Change
Program
$8,938,167
$2,812,945
-69%
Admin
$91,031
$75,314
-17%
Fundraising
$0
$0
-
Total Expenses
$9,029,198
$2,888,259
-68%
Income Statement
