Alabama Locksmith Association is located in Pell City, AL. The organization was established in 1996. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. Alabama Locksmith 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, Alabama Locksmith Association generated $186.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $94.8k during the year ending 12/2022. While expenses have increased by 8.5% per year over the past 7 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 Mission:
Part 3 - Line 1
TO ENSURE PROFESSIONAL EXCELLENCE AND ETHICS, CREATE A PUBLIC DEMAND FOR PROFESSIONAL LOCKSMITH SERVICES, REPRESENT AND SPEAK FOR THE LOCKSMITH/SECURITY INDUSTRY, EXPAND THE EXCHANGE OF TRADE INFORMATION AND KNOWLEDGE WITH OTHER RELATED ORGANIZATIONS AND TO PRESERVE AND ENHANCE THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3
TO ENSURE PROFESSIONAL EXCELLENCE AND ETHICS; CREATE A PUBLIC DEMAND FOR PROFESSIONAL LOCKSMITH SERVICES;REPRESENT AND SPEAK FOR THE LOCKSMITH/SECURITY INDUSTRY; AND EXPAND THE EXCHANGE OF TRADE INFORMATION AND KNOWLEDGE WITH OTHER RELATED ORGANIZATIONS TO PRESERVE AND ENHANCE THE INDUSTRY.
TO ENSURE PROFESSIONAL EXCELLENCE AND ETHICS; CREATE A PUBLIC DEMAND FOR PROFESSIONAL LOCKSMITH SERVICES;REPRESENT AND SPEAK FOR THE LOCKSMITH/SECURITY INDUSTRY; AND EXPAND THE EXCHANGE OF TRADE INFORMATION AND KNOWLEDGE WITH OTHER RELATED ORGANIZATIONS TO PRESERVE AND ENHANCE THE INDUSTRY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Mcgowin Executive Di | 0 | $0 | |
Lee Schofield Chairman | 0 | $0 | |
Bryan Rayburn Co-Chariman | 0 | $0 | |
Brandon Schofield Secretary | 0 | $0 | |
Tamara Lee Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,875 |
| Total Program Service Revenue | $173,943 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $186,818 |
| 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 | $6,985 |
| Occupancy, rent, utilities, and maintenance | $6,942 |
| Printing, publications, postage, and shipping | $1,424 |
| Other expenses | $79,484 |
| Total expenses | $94,835 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $187,084 |
| Other assets | $0 |
| Total assets | $188,545 |
| Total liabilities | $0 |
| Net assets or fund balances | $188,545 |