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Nonprofit · EIN 58-1821204

ALBANY CHAMBER FOUNDATION INC

Tax-exempt · ALBANY, GA 31701

Financials

$10K$21K2022$51K$120K2023$82K$92K2024
Revenue Expenses · by fiscal year end
Financials of ALBANY CHAMBER FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$82,385$92,457-$10,072$547,593$50,841$496,752
December 31, 2023990$50,994$119,892-$68,898$529,022$46,922$482,100
December 31, 2022990 (amended)$9,776$21,174-$11,398$542,771$48,690$494,081
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$35,701
Program service revenue
$15,825
Investment income
$30,859
Net gain from sales of assets
$13,588
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,740
Program services (functional)
$59,643
Management and general (functional)
$32,814

Balance sheet and other

Total assets, start of year
$529,022
Total assets, end of year
$547,593
Total liabilities, end of year
$50,841
Net assets, end of year
$496,752
Publicly traded securities
$496,310
Net assets without donor restrictions
$266,136
Net assets with donor restrictions
$230,616
Gross receipts
$95,514
Employees
0
Year formed
1988
State of legal domicile
GA

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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
BARBARA RIVERA HOLMESSECRETARY
Trustee or director, Officer
–$0$119,207$20,144
ROB DOUGLASDIRECTOR
Trustee or director
–$0$0$0
DAN GILLANDIRECTOR
Trustee or director
–$0$0$0
DON GRAYDIRECTOR
Trustee or director
–$0$0$0
ADAM HUTCHINSDIRECTOR
Trustee or director
–$0$0$0
TAYLOR JENKINSDIRECTOR
Trustee or director
–$0$0$0
JERETHA PETERSDIRECTOR
Trustee or director
–$0$0$0
MATT REEDITERIM SECRE
Trustee or director, Officer
–$0$0$0
BRIDGES SINYARDDIRECTOR
Trustee or director
–$0$0$0
LISA STEPHENSDIRECTOR
Trustee or director
–$0$0$0
SMITH WILSONDIRECTOR
Trustee or director
–$0$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BARBARA RIVERA HOLMESSECRETARY
Trustee or director, Officer
–$0$119,207$21,385
MATT REEDCHAIR
Trustee or director, Officer
–$0$0$0
DON GRAYFIRST VICE-C
Trustee or director, Officer
–$0$0$0
JERETHA PETERSSECOND VICE-
Trustee or director, Officer
–$0$0$0
JEFF WRIGHTTREASURER
Trustee or director, Officer
–$0$0$0
BRIANNA WILSONDIRECTOR
Trustee or director
–$0$0$0
TAYLOR JENKINSDIRECTOR
Trustee or director
–$0$0$0
DAN GILLANDIRECTOR
Trustee or director
–$0$0$0
SMITH WILSONDIRECTOR
Trustee or director
–$0$0$0
BRIDGES SINYARDDIRECTOR
Trustee or director
–$0$0$0
SCOTT STEINERDIRECTOR
Trustee or director
–$0$0$0
PERRY REVELLDIRECTOR
Trustee or director
–$0$0$0
990 for the year ended December 31, 2022: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BARBARA RIVERA HOLMESSECRETARY
Trustee or director, Officer
–$0$95,637$36,788
MATT REEDCHAIRMAN
Trustee or director, Officer
–$0$0$0
DON GRAYFIRST VICE-C
Trustee or director, Officer
–$0$0$0
CHANDU KUNTAWALASECOND VICE-
Trustee or director, Officer
–$0$0$0
JEFF WRIGHTTREASURER
Trustee or director, Officer
–$0$0$0
BRIANNA WILSONDIRECTOR
Trustee or director
–$0$0$0
BRIAN DOUGHERTYDIRECTOR
Trustee or director
–$0$0$0
DAN GILLANDIRECTOR
Trustee or director
–$0$0$0
JERETHA PETERSDIRECTOR
Trustee or director
–$0$0$0
BRIDGES SINYARDDIRECTOR
Trustee or director
–$0$0$0

Address and contacts

Address (IRS master file)
225 W BROAD AVE, ALBANY, GA 31701-2566
Principal officer (990 for 2024)
BARBARA RIVERA HOLMES, 225 W BROAD AVENUE, ALBANY, GA 31701
Signed the 990
MATT REED, ITERIM SECRETARY
Phone
(229) 434-8700
Return prepared by
BROWN & MCDANIEL CPAS LLC

Mission

THE AIMS AND PURPOSES OF THE ALBANY AREA CHAMBER FOUNDATION SHALL INCLUDE, BUT NOT BE LIMITED TO, THE ADVANCEMENT AND DIFFUSION OF KNOWLEDGE AND UNDERSTANDING OF ECONOMICS, MATTERS OF PUBLIC CONCERN, FINANCE, EDUCATION AND TRAINING, HOUSING, HUMAN RELATIONS, PROBLEMS OF MINORITY GROUPS, SCIENCE AND TECHNOLOGY, ECONOMIC PLANNING AND DEVELOPMENT, INTERNATIONAL RELATIONS, AND OTHER SUBJECTS RELATED TO IMPROVE EFFICIENCY, DEVELOPMENT, INTERNATIONAL RELATIONS AND OTHER SUBJECTS RELATED TO IMPROVE EFFICIENCY, DEVELOPMENT AND ACCELERATION OF BOTH THE QUALITY OF AND QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNTITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • EXPENSES FOR ENTREPRENEURIAL AND INNOVATION INITITATIVES INCLUDING "ALBANY- DOUGHERTY COUNTY WORKS TALENT DEVELOPMENT STRATEGY 2.0", "FLEX ABY" (ALBANY'S FIRST YOUTH ENTREPRENEURSIP COMPETITION), AND "PROPEL+" - A YOUTH TALENT DEVELOPMENT INITIATIVE THAT THROUGH CONNECTION NUTURES, PROVIDES FOR AND EMPOWERS ALBANY'S FEMALE YOUTH TO DESIGN THEIR PATHS.
    Expenses $59,643 · revenue $15,825

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-1821204
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
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$547,593
Income (IRS master file)
$95,514

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$82,385$92,457$547,593IRS
990December 2023$50,994$119,892$529,022XML
990December 2022$9,776$21,174$542,771XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

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 58-1821204).

Questions about ALBANY CHAMBER FOUNDATION INC

What is the EIN of ALBANY CHAMBER FOUNDATION INC?
The employer identification number (EIN) of ALBANY CHAMBER FOUNDATION INC is 58-1821204.
Is ALBANY CHAMBER FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to ALBANY CHAMBER FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ALBANY CHAMBER FOUNDATION INC 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 ALBANY CHAMBER FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ALBANY CHAMBER FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ALBANY CHAMBER FOUNDATION INC?
The 990 for the year ended December 31, 2024 names BARBARA RIVERA HOLMES.
Who are the officers and directors of ALBANY CHAMBER FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does ALBANY CHAMBER FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $82,385, expenses of $92,457 and total assets of $547,593 at year end.

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