Oneonta Business Association
- Assets
- $23.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oneonta, AL
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 45-0966313
Organization Overview
Oneonta Business Association is located in Oneonta, AL. The organization was established in 2014. 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. Oneonta Business Association 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 12/2023, Oneonta Business Association generated $42.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $21.2k 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
THE MISSION TO ADVANCE ALL LOCAL ONEONTA BUSINESSES AND THEIR PROMOTION THROUGH MARKETING, EVENTS, TOURISM, ECONOMIC DEVELOPMENT, AND LEADERSHIP. AS A NON-PROFIT ORGANIZATION, THE OBA IS DEDICATED TO CHAMPIONING THE GROWTH AND ENRICHMENT OF BUSINESSES WITHIN THE CITY OF ONEONTA BY PROVIDING OPPORTUNITIES FOR SHARING INFORMATION, NETWORKING AND EDUCATION; BY FOSTERING A SENSE OF COMMUNITY AMONG ITS MEMBERS, BY IMPROVING THE BUSINESS CLIMATE FOR ITS MEMBERS BY MONITORING STATE AND LOCAL LEGISLATIVE AND AGENCY ACTIONS WHICH IMPACT ITS MEMBERS WHILE PROVIDING A FORUM FOR DIALOGUE BETWEEN ITS MEMBERS AND OPINION LEADERS, LEGISLATORS, OTHER INTEREST GROUPS AND THE GENERAL PUBLIC; AND BY PROMOTING PUBLIC AWARENESS OF THE CONTRIBUTION OF ITS MEMBERS TO THE ECONOMIC, PHYSICAL AND SOCIAL VITALITY OF THE CITY OF ONEONTA COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Brown President | 15 | $0 | |
Jack Bains Vice-President | 10 | $0 | |
Tara Murphree Secretary | 30 | $0 | |
Bill Hendrickson Treasurer | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,522 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$8,771 |
| Other Revenue | $0 |
| Total Revenue | $42,251 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,911 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,175 |
| Occupancy, rent, utilities, and maintenance | $681 |
| Printing, publications, postage, and shipping | $198 |
| Other expenses | $6,222 |
| Total expenses | $21,187 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,722 |
| Other assets | $0 |
| Total assets | $23,722 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,722 |