Alabama Automotive Manufacturers Association is located in Huntsville, AL. The organization was established in 2002. 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. Alabama Automotive Manufacturers 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 06/2022, Alabama Automotive Manufacturers Association generated $795.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $742.4k during the year ending 06/2022. While expenses have increased by 10.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE GROWTH AND CONTINUOUS IMPROVEMENT OF AUTOMOTIVE MANUFACTURING IN ALABAMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOUTHERN AUTOMOTIVE CONFERENCE, WHICH ROTATES BETWEEN THE STATES OF ALABAMA, GEORGIA, MISSISSIPPI AND TENNESSEE, IS PRESENTED BY THE HOST STATE'S RESPECTIVE AUTOMOTIVE MANUFACTURERS ASSOCIATION. THE 14TH ANNUAL SAC CELEBRATED THE SOUTH'S EXCELLENCE IN AUTOMOTIVE MANUFACTURING, COMBINING TOP-NOTCH PROGRAMMING ON AUTOMOTIVE'S HOTTEST HEADLINES, HIGH-ENERGY NETWORKING OPPORTUNITIES AND A BUZZING EXHIBIT HALL. EACH YEAR, THE SAC ATTRACTS ATTENDEES FROM ACROSS THE COUNTRY, INCLUDING MAJOR OEMS AND TIER SUPPLIERS, RELATED MANUFACTURERS, INDUSTRY SERVICE PROVIDERS, EDUCATION INSTITUTIONS, GOVERNMENT AGENCIES AND ENTREPRENEURS.
THE 2022 SUPPLY CHAIN & LOGISTICS CONFERENCE, IN PARTNERSHIP WITH THE PORT OF HUNTSVILLE, FEATURED A DAY OF SESSIONS FOCUSED ON SUPPLY CHAIN AND LOGISTICS ISSUES AND SOLUTIONS FOR ALABAMA'S AUTOMOTIVE INDUSTRY.
THE 2022 ENVIRONMENTAL SUPPLIERS PARTNERSHIP CONFERENCE HIGHLIGHTED CURRENT INITIATIVES AND BEST PRACTICES IN PLACE AT MAJOR AUTOMOTIVE MANUFACTURERS AND SUPPLIERS TO ADDRESS SPECIFIC ENVIRONMENTAL CHALLENGES AND OPPORTUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ron Davis President | OfficerTrustee | 30 | $120,000 |
Gene Cleveland Secretary | OfficerTrustee | 1 | $0 |
Steve Sewell Treasurer | OfficerTrustee | 1 | $0 |
Jason Weaver Board Member | Trustee | 0.3 | $0 |
Dr Bharat Balasubramanian Board Member | Trustee | 0.3 | $0 |
Mark Brazeal Board Member | Trustee | 0.3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $25,975 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $285,202 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $311,177 |
Total Program Service Revenue | $484,304 |
Investment income | $79 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $795,560 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,784 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $187,672 |
Advertising and promotion | $0 |
Office expenses | $4,659 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,743 |
Travel | $38,548 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,493 |
All other expenses | $55,209 |
Total functional expenses | $742,429 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $212,979 |
Savings and temporary cash investments | $170,853 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $82,080 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $465,912 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $465,912 |
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 | $0 |
Total liabilities and net assets/fund balances | $465,912 |