North Alabama International Trade Association
- Assets
- $180.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Huntsville, AL
- Founding
- 08/1987
- Data as of
- 12/2022
- EIN
- 63-0924192
Organization Overview
North Alabama International Trade Association is located in Huntsville, AL. The organization was established in 1987. 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. North Alabama International Trade Association 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, North Alabama International Trade Association generated $83.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $150.0k during the year ending 12/2022. 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
INCREASE KNOWLEDGE, INTEREST, & ACTIVITYIN INTERNATIONAL TRADE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbie Peek President | 3 | $0 | |
Dr Jason Greene Treasurer | 3 | $0 | |
Wendy Ormstedt Secretary | 3 | $0 | |
Angela Guerra VP Programs & Services | 3 | $0 | |
Daryl Davis VP Development | 3 | $0 | |
Alan Enslen VP Global Initiatives | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,200 |
| Total Program Service Revenue | $0 |
| Membership dues | $39,940 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,601 |
| Other Revenue | $855 |
| Total Revenue | $83,596 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $116,636 |
| Professional fees and other payments to independent contractors | $8,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,865 |
| Total expenses | $150,001 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $180,038 |
| Other assets | $0 |
| Total assets | $180,038 |
| Total liabilities | $6,182 |
| Net assets or fund balances | $173,856 |