Alabama Poultry And Egg Association Inc is located in Montgomery, AL. The organization was established in 1963. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 03/2023, Alabama Poultry And Egg Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Poultry And Egg Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 03/2023, Alabama Poultry And Egg Association Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.4m during the year ending 03/2023. While expenses have increased by 4.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF THE POULTRY INDUSTRY IN ALABAMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF THE POULTRY INDUSTRY IN ALABAMA BY EMPHASIZING THE AREAS OF CONSUMER END USES, PRODUCER/AGRICULTURAL ENHANCEMENT, EDUCATIONAL INFORMATION & POULTRY RESEARCH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Johnny Adcock Director | Trustee | 0 | $0 |
Lou Ayers Director | Trustee | 0 | $0 |
Marc DE Beer Director | Trustee | 0 | $0 |
Randall Ennis Director | Trustee | 0 | $0 |
Shane Guy Director | Trustee | 0 | $0 |
Tim Holmes Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $791,331 |
Investment income | $42,635 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $39,498 |
Net Income from Fundraising Events | $456,667 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,455,094 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $14,000 |
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. | $219,858 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $274,235 |
Pension plan accruals and contributions | $17,739 |
Other employee benefits | $15,073 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $13,025 |
Fees for services: Accounting | $62,219 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $43,897 |
Office expenses | $98,430 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $55,464 |
Travel | $33,752 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $180,844 |
Interest | $404 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $31,443 |
Insurance | $0 |
All other expenses | $38,631 |
Total functional expenses | $1,363,329 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $200 |
Savings and temporary cash investments | $408,179 |
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 | $87,250 |
Net Land, buildings, and equipment | $683,384 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,715,442 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,894,455 |
Accounts payable and accrued expenses | $459,643 |
Grants payable | $0 |
Deferred revenue | $138,952 |
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 | $2,169 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $600,764 |
Net assets without donor restrictions | $0 |
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 | $2,293,691 |
Total liabilities and net assets/fund balances | $2,894,455 |