Business Council Of Alabama

Organization Overview

Business Council Of Alabama is located in Montgomery, AL. The organization was established in 1986. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2020, Business Council Of Alabama employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Business Council Of Alabama 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 12/2020, Business Council Of Alabama generated $4.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE INDUSTRY AND LABOR CONDITIONS FOR THE STATE OF ALABAMA

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL PROGRAMS FOR MEMBERS AND ADVOCACY EFFORTS ON BEHALF OF MEMBERS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Acca Liability Self-insurance
Rent
$224,259
Bradley Arant Boult Company
Non-employee Compensation
$104,503
View All Vendors

Financial Statements

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$3,672,655
Investment income $103,230
Tax Exempt Bond Proceeds $0
Royalties $4,387
Net Rental Income $0
Net Gain/Loss on Asset Sales $72,702
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,034,605

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Business Council Of Alabama has recieved totaling $30,000.

Awarding OrganizationAmount
Sixteen Thirty Fund

Washington, DC

PURPOSE: YOUTH DEVELOPMENT AND EDUCATION

$30,000
View Grant Recipient Profile

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