Techbirmingham
- Assets
- $216.9k
- Revenue
- $311.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Birmingham, AL
- Founding
- 10/2004
- Data as of
- 12/2022
- EIN
- 34-1975251
Organization Overview
Techbirmingham is located in Birmingham, AL. The organization was established in 2004. 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. As of 12/2022, Techbirmingham employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Techbirmingham 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, Techbirmingham generated $311.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $395.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF TECHBIRMINGHAM IS TO STRENGTHEN AND PROMOTE THE TECHNOLOGY ECOSYSTEM BY PROMOTING TECH COMPANIES IN THE REGION, HELPING TO RECRUIT AND RETAIN TECH TALENT AND ENTREPRENEURS, AND PROVIDING OPPORTUNITIES FOR TECHNICAL TRAINING AND EDUCATION. WE DO THIS THROUGH EVENTS SUCH AS OUR MONTHLY "LUNCH AND LEARN" TECH TUESDAY, PLAN NETWORKING OPPORTUNITIES FOR THE MEMBERS OF OUR ORGANIZATION, ORGANIZE A CYBERSECURITY CONFERENCE AND A SUMMER CONFERENCE. ALONG WITH THOSE EVENTS, WE PLAN PROGRAMS FOR THE BIRMINGHAM WOMEN IN TECHNOLOGY GROUP WITHIN OUR MEMBERSHIP, AND HOST COMMUNITY "CODING" EVENTS TO PROMOTE DIGITAL LITERACY FOR CHILDREN IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CYBERNOW SUMMITCYBER SECURITY CONFERENCE FOCUSED ON PROVIDING EDUCATION AND INFORMATION ABOUT THE LATEST TRENDS AND THREATS IN CYBER SECURITY.
TECHTUESDAY IS A LUNCH AND LEARN SERIES THAT SERVES AS OUR MONTHLY PROFESSIONAL DEVELOPMENT AND NETWORKING EVENT. MEMBERS OF THE TECH COMMUNITY -- REGARDLESS OF AGE, PROFESSION, OR SKILL LEVEL -- COME TOGETHER IN A SEMISTRUCTURED, CASUAL ENVIRONMENT TO LEARN FROM LOCAL SPEAKERS AND REGIONAL THOUGHT LEADERS ABOUT THE LATEST TRENDS IN TECHNOLOGY OR ACTIVITIES WITHIN THE REGION.
CODE THE CLASSICAN ANNUAL CAREER FAIR DESIGNED TO CONNECT HBCU STUDENTS AND LEARNERS FROM NONTRADITIONAL PATHWAYS SUCH AS LOCAL BOOTCAMPS WITH REGIONAL AND NATIONAL EMPLOYERS DURING MAGIC CITY CLASSIC WEEK IN BIRMINGHAM, ALABAMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandi Miller Director | Trustee | 1.25 | $0 |
Ben Branch Director | Trustee | 1.25 | $0 |
Chase Morrow Director | Trustee | 1.25 | $0 |
Christopher Kramer Director | Trustee | 1.25 | $0 |
Curt Carver Director | Trustee | 1.25 | $0 |
Kellie Clark Director | Trustee | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $54,901 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $126,556 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,457 |
| Total Program Service Revenue | $129,732 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $311,189 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $72,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,969 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,102 |
| Payroll taxes | $10,898 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,705 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,300 |
| Advertising and promotion | $3,227 |
| Office expenses | $2,680 |
| Information technology | $7,781 |
| Royalties | $0 |
| Occupancy | $11,298 |
| Travel | $2,897 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,281 |
| All other expenses | $16,873 |
| Total functional expenses | $395,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,264 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,666 |
| Total assets | $216,930 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $150,000 |
| Total liabilities | $150,000 |
| Net assets without donor restrictions | $66,930 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $216,930 |