Alabama Library Association Inc
- Assets
- $41.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 11/1975
- Data as of
- 06/2024
- EIN
- 51-0173726
Organization Overview
Alabama Library Association Inc is located in Montgomery, AL. The organization was established in 1975. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Library Association 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 06/2024, Alabama Library Association Inc generated $30.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $33.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Layne President | 1 | $0 | |
Danny Stewart Secretary | 1 | $0 | |
Jessica Hayes Treasurer | 1 | $0 | |
Amanda Melcher Past President | 1 | $0 | |
Angie Moore Administrator | 8 | $0 | |
Craig Scott President-Elect | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $12,800 |
| Membership dues | $17,886 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,688 |
| 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 | $1,250 |
| Occupancy, rent, utilities, and maintenance | $5,500 |
| Printing, publications, postage, and shipping | $1,879 |
| Other expenses | $24,616 |
| Total expenses | $33,245 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,574 |
| Other assets | $0 |
| Total assets | $41,919 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,919 |