2026-08-27T15:30:13-06:00 2025-12-31 453024738 STACK AND BLAIR LLC 409 E MOBILE ST FLORENCE AL 35630 990 2025-01-01 631045752 SHOALS ENTREPRENEURIAL CENTER INC % GILES MCDANIEL SHOA 2567609014 3115 NORTHINGTON COURT FLORENCE AL 35630 GILES MCDANIEL SECRETARY 2567609014 2026-08-27 true VAN L STACK P00742997 2567661411 2026-08-27 2025 2025-03-06 01:10:19Z SHOALS BUSINESS INCUBATOR 432709 false X SHOALSBUSINESSINCUBATOR.COM X 1989 AL PROVIDING NEW DEVELOPMENT STAGE SMALL BUSINESS WITH FACILITIES AND SUPPORT DURING DEVELOPMENT PERIOD START UP. 12 12 2 0 0 425000 5000 348364 348830 34686 43812 17275 35067 825325 432709 0 0 200985 203265 0 0 291227 294494 492212 497759 333113 -65050 1685284 1625917 50079 55762 1635205 1570155 PROVIDING NEW DEVELOPMENT STAGE SMALL BUSINESS WITH FACILITIES AND SUPPORT DURING DEVELOPMENT PERIOD START UP. false false 386939 PROVIDING NEW DEVELOPMENT STAGE SMALL BUSINESS FACILITIES TO SERVE AS AN INCUBATOR FOR THE BUSINESS PROVIDING ADMINISTRATIVE, MANAGEMENT, FINANCIAL AND TECHNICAL SUPPORT. 386939 true false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 2 0 true 2 true false false false false false false false false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true false false true true false X X GILES MCDANIEL 2567609014 3115 NORTHINGTON COURT FLORENCE AL 35630 GILES MCDANIEL SECRETARY EXEC DIRECTOR 40.00 0.00 X 131951 0 0 JAN INGLE BOARD MEMBER 1.00 0.00 X 0 0 0 DAUGHTRY PERRITT VICE CHAIRMAN 3.00 0.00 X 0 0 0 DAVID MUHLENDORF BOARD MEMBER EMERITUS 1.00 0.00 X 0 0 0 LARRY MCCOY BOARD MEMBER 2.00 0.00 X 0 0 0 ELIZABETH MCKINNEY BOARD MEMBER 1.00 0.00 X 0 0 0 KIMBERLY HUGHSTON BOARD MEMBER 1.00 0.00 X 0 0 0 JAKE JACOBS BOARD MEMBER 1.00 0.00 X 0 0 0 BUD WARD BOARD MEMBER 1.00 0.00 X 0 0 0 JENNIFER BENNETCH BOARD MEMBER 2.00 0.00 X 0 0 0 REBECCA HOVATER PAST CHAIRMAN 4.00 0.00 X 0 0 0 GREG CARNES TREASURER 3.00 0.00 X 0 0 0 WILL DIVER CHAIRMAN 5.00 0.00 X 0 0 0 131951 0 0 1 false false false 5000 5000 RENTS INCOME 531120 339780 339780 PROGRAM FEES 541610 PROGRAM FEES KITCHEN 561499 9050 9050 348830 43812 43812 0 UNREALIZED GAINS INVEST 900099 35067 35067 35067 432709 427709 0 0 X 131951 131951 23058 23058 32747 24560 8187 15509 11632 3877 5200 5200 7750 7750 4613 3459 1154 2574 1851 723 22364 16772 5592 12000 9000 3000 9508 7131 2377 44616 33462 11154 31283 23462 7821 REPAIRS MAINTENANCE 19089 14316 4773 TELEPHONE 10033 7525 2508 UTILITIES 45482 34082 11400 SEMINARS 6410 4808 1602 73572 55178 18394 497759 386939 110820 0 434241 317527 200000 236750 38317 36900 4250 4250 2047908 1510886 570549 537022 437927 493468 1685284 1625917 2085 5650 47994 50112 50079 55762 X 1178880 1345361 456325 224794 1635205 1570155 1685284 1625917 X -65050 0 X true X false false X 347451 324857 361810 333960 343830 1711908 347451 324857 361810 333960 343830 1711908 0 0 0 0 0 0 1711908 27129 19034 16841 34686 43812 141502 27129 19034 16841 34686 43812 141502 7252 12066 101345 14404 35067 170134 381832 355957 479996 383050 422709 2023544 0.84600 0.85550 0.07000 0.92000 X 113631 113631 995423 913910 81513 360738 180120 180618 355422 238219 117203 222694 178637 44057 537022 ACCRUED COMPENSATED ABSENCES 10037 RENTAL DEPOSITS 40075 50112 Form 990 governing body review Part VI line 11 BOARD REVIEWS ALL TAX FILINGS OF 990 Conflict of interest policy compliance Part VI line 12c BOARD MEETS QUARTERLY AND ALL CONFLICTS OF INTEREST MUST BE DISCUSSED AND HANDLED AT MEETINGS NONE FOUND CEO executive director top management comp Part VI line 15a ALL COMPENSATION SET BY THE BOARD, EXECUTIVE DIRECTOR HAS NO VOTE ON COMPENSATION AND MUST BE APPROVED BY THE BOARD Other officer or key employee compensation Part VI line 15b ALL EMPLOYEE COMPENSATIONS ARE BROUGHT TO THE BOARD FOR APPROVAL IN QUARTERLY MEETINGS Governing documents etc available to public Part VI line 19 TAX RETURNS ARE ON FILE AT BUSINESS OFFICE 3115 NORTHINGTON COURT AND AVAILABLE TO THE PUBLIC UPON REQUEST. Explanation of other changes in net assets or fund balances Part XI line 9 NONE NONE List of other expenses Part IX line 24e DESCRIPTION AMOUNT AMOUNT TOTAL CONTRACT WORK $47958 $15986 $63944 DUES 154 52 $ 206 PRINTING 1816 620 3226 BAD DEBT 5205 1736 6941 TOTALS $54860 $ 18394 74317