Cooperative Exchange
- Assets
- $370.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 05/2009
- Data as of
- 12/2022
- EIN
- 03-0489678
Organization Overview
Cooperative Exchange is located in Birmingham, AL. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cooperative Exchange is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Cooperative Exchange generated $97.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $71.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE COOPERATIVE EXCHANGE PROMOTED AND ADVANCED ITS MISSION TO THE HEALTHCARE INDUSTRY BY IMPROVING EFFICIENCY, EDUCATION AND ADVOCACY TO ITS MEMBERS IN 2019
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Wilson Past President | 1 | $0 | |
Crystal Ewing President | 5 | $0 | |
Deb Mccachern Secretary | 5 | $0 | |
Kathy Sites Treasurer | 5 | $0 | |
Pamela Grosze Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $97,500 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $58,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,467 |
| Total expenses | $71,467 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $370,547 |
| Other assets | $0 |
| Total assets | $370,547 |
| Total liabilities | $0 |
| Net assets or fund balances | $370,547 |