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Nonprofit · EIN 27-0193257

ALABAMA ASSET BUILDING COALITION

Tax-exempt · MONTGOMERY, AL 36108

Financials

$156K$170K2023$50K$113K2024$225K$200K2025
Revenue Expenses · by fiscal year end
Financials of ALABAMA ASSET BUILDING COALITION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$225,205$199,546$25,659$160,791$0$160,791
December 31, 2024990-EZ$50,178$113,454-$63,276$135,132$0$135,132
December 31, 2023990$155,889$170,437-$14,548$198,408$0$198,408
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$225,087
of which government grants
$225,087
Program service revenue
$0
Investment income
$118
Other revenue
$0

Expenses

Grants and similar amounts paid
$84,978
Compensation of officers, directors and key employees
$86,449
Other salaries and wages
$5,074
Salaries, compensation and benefits (total)
$98,946
Professional fundraising fees
$0
Accounting fees
$1,728
Occupancy
$6,150
Depreciation
$119
Program services (functional)
$101,713
Management and general (functional)
$97,833

Balance sheet and other

Total assets, start of year
$135,132
Total assets, end of year
$160,791
Total liabilities, end of year
$0
Net assets, end of year
$160,791
Net assets without donor restrictions
$150,791
Net assets with donor restrictions
$10,000
Gross receipts
$225,205
Employees
3
Year formed
2009
State of legal domicile
AL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KENNETH WALKEREXECUTIVE DIRECTOR
Officer, Key employee, Highest-paid employee
40$80,824$600
DANNY PATTERSONDIRECTOR
Trustee or director, Officer
20$5,625$0
JOHANNA M ALVAREZSECRETARY
Trustee or director, Officer
1$0$0
LASHON MENEFEEEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0$0
DON BURBACKCOMMUNITY DEVELOPMENT
Trustee or director
1$0$0
DR GENA GUNN MCCLENDONDIRECTOR
Trustee or director
1$0$0
MELODI CONEY MORRISSETTE SVPDIRECTOR
Trustee or director
1$0$0
DR SAM ADDYDIRECTOR
Trustee or director
1$0$0
WARREN ROBINSONDIRECTOR
Trustee or director, Officer
1$0$0
EUNICE JOHNSON ROGERSCHAIR NRS COMMUNITY DEVELOPMENT
Trustee or director, Officer
1$0$0
ASHLEY L MABRYTREASURER
Trustee or director, Officer
1$0$0
CAROL GUNDLACHMSW POLICY ANALYST
Trustee or director
1$0$0
REV JOHN K WHITFIELDVICE CHAIR ECONOMIC DEV SPECIALIS
Trustee or director, Officer
1$0$0
990-EZ for the year ended December 31, 2024: 13 people
NameTitleHours / weekCompensation
KENNETH WALKEREXECUTIVE DIRECTOR40$75,833
DANNY PATTERSONDIRECTOR20$6,875
JOHANNA M ALVAREZSECRETARY1$0
LASHON MENEFEEEXECUTIVE DIRECTOR1$0
DON BURBACKCOMMUNITY DEVELOPMENT1$0
DR GENA GUNN MCCLENDONDIRECTOR1$0
MELODI CONEY MORRISSETTE SVPDIRECTOR1$0
DR SAM ADDYDIRECTOR1$0
WARREN ROBINSONDIRECTOR1$0
EUNICE JOHNSON ROGERSCHAIR NRS COMMUNITY DEVELOPMENT1$0
ASHLEY L MABRYTREASURER1$0
CAROL GUNDLACHMSW POLICY ANALYST1$0
REV JOHN K WHITFIELDVICE CHAIR ECONOMIC DEV SPECIALIS1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
KENNETH WALKEREXECUTIVE DIRECTOR
Officer, Key employee, Highest-paid employee
40$85,625
DANNY PATTERSONDIRECTOR
Trustee or director, Officer
30$16,667
JOHANNA M ALVAREZSECRETARY
Trustee or director, Officer
25$0
LASHON MENEFEEEXECUTIVE DIRECTOR
Trustee or director, Officer
30$0
DON BURBACKCOMMUNITY DEVELOPMENT
Trustee or director
40$0
DR GENA GUNN MCCLENDON–
Trustee or director
12$0
MELODI CONEY MORRISSETTE SVP–
Trustee or director
30$0
DR SAM ADDY–
Trustee or director
12$0
WARREN ROBINSON–
Trustee or director, Officer
40$0
EUNICE JOHNSON ROGERSCHAIR NRS COMMUNITY DEVELOPMENT
Trustee or director, Officer
60$0
ASHLEY L MABRYTREASURER
Trustee or director, Officer
40$0
CAROLGUNDLACHMSW POLICY ANALYST
Trustee or director
12$0
REV JOHN K WHITFIELDVICE CHAIR ECONOMIC DEV SPECIALIS
Trustee or director, Officer
40$0

Address and contacts

Address (IRS master file)
1123 S HOLT ST, MONTGOMERY, AL 36108-2914
In care of
% KENNETH WALKER EXEC DIRECTOR
Mailing address (990-N for 2009)
524 Liberty Parkway, Birmingham AL 35242
Principal officer (990 for 2025)
KENNETH WALKER, 1123 S HOLT STREET, MONTGOMERY, AL 36108
Principal officer (990-N for 2009)
Michael E Milner, 812 Jeffery Circle, Birmingham AL 35235
Signed the 990
KENNETH WALKER, EXECUTIVE DIRECTOR
Phone
(334) 207-2743
Return prepared by
LEVERT LEVERT AND ASSOCIATES INC

Mission

The Mission of the Alabama Asset Building Coalition is to promote financial stability and self-sufficiency for low wealth individuals and families.

990 for the year ended December 31, 2025

Program accomplishments

  • The Mission of the Alabama Asset Building Coalition is to promote financial stability and self-sufficiency for low wealth individuals and familie
    Expenses $84,978 · revenue $225,087

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-0193257
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$160,791
Income (IRS master file)
$225,205

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$225,205$199,546$160,791XML
990-EZDecember 2024$50,178$113,454$135,132IRS
990December 2023$155,889$170,437$198,408XML
990December 2022$156,723$164,356$212,956IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2009
Officer: Michael E Milner
December 31, 2009≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0193257).

Questions about ALABAMA ASSET BUILDING COALITION

What is the EIN of ALABAMA ASSET BUILDING COALITION?
The employer identification number (EIN) of ALABAMA ASSET BUILDING COALITION is 27-0193257.
Is ALABAMA ASSET BUILDING COALITION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to ALABAMA ASSET BUILDING COALITION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ALABAMA ASSET BUILDING COALITION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ALABAMA ASSET BUILDING COALITION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ALABAMA ASSET BUILDING COALITION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of ALABAMA ASSET BUILDING COALITION?
The 990 for the year ended December 31, 2025 names KENNETH WALKER.
Who are the officers and directors of ALABAMA ASSET BUILDING COALITION?
The 990 for the year ended December 31, 2025 lists 13 people; 2 received compensation from the organization, the highest $80,824 (KENNETH WALKER, EXECUTIVE DIRECTOR).
How much revenue does ALABAMA ASSET BUILDING COALITION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $225,205, expenses of $199,546 and total assets of $160,791 at year end.

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