Alabama Business Aviation Association
- Assets
- $22.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 09/2016
- Data as of
- 12/2022
- EIN
- 81-2514209
Organization Overview
Alabama Business Aviation Association is located in Birmingham, AL. The organization was established in 2016. 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 Business Aviation 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 Business Aviation Association generated $16.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $14.4k during the year ending 12/2022. While expenses have increased by 20.7% per year over the past 6 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 Program Activity:
Part 3
PROMOTION OF AVIATION IN ALABAMA,WITH A FOCUS ON BUSINESS AVIATION;EDUCATION OF AIRCRAFT OWNERS AND OPERATORS ABOUT THE VALUE OF USING AIRCRAFT IN THEIR BUSINESSES;EDUCATION OF LOCAL AND STATE OFFICIALS ABOUT THE IMPORTANCE OF THE COMMUNITY AIRPORT AS A PRIME ECONOMIC DEVELOPMENT DRIVER;ADVOCATION FOR GENERAL AND BUSINESS AVIATION IN ALABAMA;COLLABORATION ON BEHALF OF AVIATION IN OUR STATE WITH OTHER ASSOCIATIONS AT THE LOCAL,STATE,REGIONAL,AND NATIONAL LEVELS,AND PROMOTION OF THE EDUCATION AND TRAINING OF THE NEXT GENERATION OF PILOTS AND MAINTAINERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Algee Chairman | 1 | $0 | |
Barry Lambert Treasurer- Part Year | 1 | $0 | |
Rhonda Masters Hunt Treasurer- Part Year | 1 | $0 | |
Marlin Priest Vice Chairman | 1 | $0 | |
Tim Eichenberger Secretary | 1 | $0 | |
Spencer Mitchell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,482 |
| Total Program Service Revenue | $5,600 |
| Membership dues | $0 |
| Investment income | $43 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,024 |
| Other Revenue | $0 |
| Total Revenue | $16,149 |
| 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 | $345 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $398 |
| Other expenses | $9,676 |
| Total expenses | $14,419 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,825 |
| Other assets | $0 |
| Total assets | $22,825 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,825 |