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Nonprofit · EIN 63-0753361

MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC

Tax-exempt · MOBILE, AL 36652

Financials

$1.8M$9M2023$2.8M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,846,222$2,888,259-$42,037$3,462,337$909,160$2,553,177
December 31, 2023990$1,810,448$9,029,198-$7,218,750$3,110,765$515,551$2,595,214
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,474,083
of which government grants
$2,238,104
Program service revenue
$300,000
Investment income
$50,057
Royalties
$3,847
Other revenue
$22,082

Expenses

Grants and similar amounts paid
$1,000,019
Other salaries and wages
$401,713
Salaries, compensation and benefits (total)
$401,713
Professional fundraising fees
$0
Accounting fees
$15,000
Occupancy
$59,138
Travel
$18,437
Depreciation
$82,969
Program services (functional)
$2,812,945
Management and general (functional)
$75,314

Balance sheet and other

Total assets, start of year
$3,110,765
Total assets, end of year
$3,462,337
Total liabilities, end of year
$909,160
Net assets, end of year
$2,553,177
Land, buildings and equipment
$1,667,249
Net assets without donor restrictions
$2,101,166
Net assets with donor restrictions
$452,011
Gross receipts
$2,846,222
Employees
0
Volunteers
11
Year formed
1978
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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
BRADLEY BYRNEPRESIDENT
Officer
40$0$400,000$16,009
MICHI LUNCEFORDTREASURER
Officer
40$0$139,131$20,464
JAMES F WATKINSLEGAL COUNSEL
Trustee or director
1$0$0$0
MELISSA CROSSDIRECTOR
Trustee or director
1$0$0$0
GEORGE HUNTERDIRECTOR
Trustee or director
1$0$0$0
T BRAGG VAN ANTWERP JRDIRECTOR
Trustee or director
1$0$0$0
ELISKA MORGANDIRECTOR
Trustee or director
1$0$0$0
CONTINA WOODSDIRECTOR
Trustee or director
1$0$0$0
CHRIS LEEDIRECTOR
Trustee or director
1$0$0$0
LIZ FREEMANDIRECTOR
Trustee or director
1$0$0$0
SYDNEY RAINEDIRECTOR
Trustee or director
1$0$0$0
FRANK J LOTT IIICHAIRMAN
Officer
1$0$0$0
G ROBERT BAKER JRVICE PRESIDENT
Officer
1$0$0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BRADLEY BYRNEPRESIDENT
Officer
40$0$374,000$14,991
NEIL CHRISTOPHERTREASURER
Officer
40$0$94,064$12,221
MICHI LUNCEFORDTREASURER
Officer
40$0$65,189$6,961
JAMES F WATKINSLEGAL COUNSEL
Trustee or director
1$0$0$0
BRENT BARKINDIRECTOR
Trustee or director
1$0$0$0
CLIFTON INGEDIRECTOR
Trustee or director
1$0$0$0
T BRAGG VAN ANTWERP JRDIRECTOR
Trustee or director
1$0$0$0
MARK NIXDIRECTOR
Trustee or director
1$0$0$0
LOWELL J FRIEDMANDIRECTOR
Trustee or director
1$0$0$0
CHRIS LEEDIRECTOR
Trustee or director
1$0$0$0
LIZ FREEMANDIRECTOR
Trustee or director
1$0$0$0
SYDNEY RAINEDIRECTOR
Trustee or director
1$0$0$0
FRANK J LOTT IIICHAIRMAN
Officer
1$0$0$0
G ROBERT BAKER JRVICE PRESIDENT/SECRETARY
Officer
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 2187, MOBILE, AL 36652-2187
Principal officer (990 for 2024)
MICHI LUNCEFORD, 451 GOVERNMENT ST, MOBILE, AL 36602
Signed the 990
MICHI LUNCEFORD, TREASURER
Phone
(251) 431-8624
Return prepared by
SMITH DUKES & BUCKALEW LLP

Mission

TO CARRY OUT CHARITABLE ACTIVITIES FOR THE BENEFIT OF THE COMMUNITY AND ITS CITIZENS, WORKING WITH THE MOBILE AREA CHAMBER OF COMMERCE.

990 for the year ended December 31, 2024

Program accomplishments

  • CITY OF MOBILE AND MOBILE COUNTY ECONOMIC DEVELOPMENT PERFORMANCE CONTRACT - TO HELP COMPANIES AND CONSULTANTS EVALUATE THE MOBILE AREA FOR BUSINESS RELOCATION
    Expenses $1,086,075 · grants $1,000,019 · revenue $18,235
  • OTHER PROGRAM SCHOLARSHIPS
    Expenses $213,477
  • COMMUNITY DEVELOPMENT
    Expenses $1,513,393

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
63-0753361
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
1978
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,462,337
Income (IRS master file)
$2,846,222

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,846,222$2,888,259$3,462,337IRS
990December 2023$1,810,448$9,029,198$3,110,765XML
990-TDecember 2023–––IRS
990December 2022$2,902,918$2,355,597$10,999,610IRS
990-TDecember 2022–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 63-0753361).

Questions about MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC

What is the EIN of MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC?
The employer identification number (EIN) of MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC is 63-0753361.
Is MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MOBILE AREA CHAMBER OF COMMERCE 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 MOBILE AREA CHAMBER OF COMMERCE 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 MOBILE AREA CHAMBER OF COMMERCE 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 MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC?
The 990 for the year ended December 31, 2024 names MICHI LUNCEFORD.
Who are the officers and directors of MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,846,222, expenses of $2,888,259 and total assets of $3,462,337 at year end.

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