Montgomery Area Committee Of 100 Inc is located in Montgomery, AL. The organization was established in 2015. 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. Montgomery Area Committee Of 100 Inc 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, Montgomery Area Committee Of 100 Inc generated $118.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $126.1k during the year ending 12/2022. While expenses have increased by 1.9% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
NEW BUSINESS AND ECONOMIC DEVELOPMENT ON THE CITY OF MONTGOMERY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Tyner Chairman | 1 | $0 | |
John Mazyck Vice-Chairma | 1 | $0 | |
Anna Buckalew Treasurer | 1 | $0 | |
Ellen Mcnair Secretary | 1 | $0 | |
Horace Horn Immediate Pa | 1 | $0 | |
John Yelverton Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $118,900 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $118,906 |
| 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 | $561 |
| Other expenses | $125,554 |
| Total expenses | $126,115 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $219,422 |
| Other assets | $0 |
| Total assets | $219,422 |
| Total liabilities | $0 |
| Net assets or fund balances | $219,422 |