Newcomen Society Of Alabama
- Assets
- $27.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 03/2009
- Data as of
- 12/2023
- EIN
- 26-3565988
Organization Overview
Newcomen Society Of Alabama is located in Birmingham, AL. The organization was established in 2009. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Newcomen Society Of Alabama is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Newcomen Society Of Alabama generated $61.2k 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 (4.8%) each year. All expenses for the organization totaled $71.5k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO RECOGNIZE BUSINESS LEADERS AND PROMOTE BUSINESS IN THE COMMUNITY BY MAKING CHARITABLE CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS IN RECOGNITION OF THESE LEADERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Harbert Chairman | 0.25 | $0 | |
M James Gorrie Member | 0.25 | $0 | |
Ob Grayson Hall Jr Member | 0.25 | $0 | |
Donald M James Member | 0.25 | $0 | |
John D Johns Member | 0.25 | $0 | |
Claude B Nielsen Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $49,175 |
| Membership dues | $12,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,175 |
| 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 | $584 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,165 |
| Other expenses | $67,773 |
| Total expenses | $71,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,824 |
| Other assets | $0 |
| Total assets | $27,824 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,824 |