Building Alabama Reinvestment
- Assets
- $81.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 47-2065050
Organization Overview
Building Alabama Reinvestment is located in Birmingham, AL. The organization was established in 2017. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Building Alabama Reinvestment 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, Building Alabama Reinvestment generated $118.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $92.9k during the year ending 12/2023. While expenses have increased by 7.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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 INCREASE FAIR AND EQUAL ACCESS TO CREDIT, CAPITAL AND BANKING SERVICES/PRODUCTS TO LOW- TO MODERATE-INCOME COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Dickerson President | 5 | $0 | |
Pamelia Harris Treasurer | 1 | $0 | |
Isabel C Rubio Secretary | 1 | $0 | |
Ron Gilbert Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,150 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $118,150 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $92,924 |
| Total expenses | $92,924 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,184 |
| Other assets | $0 |
| Total assets | $81,184 |
| Total liabilities | $0 |
| Net assets or fund balances | $81,184 |