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Nonprofit · EIN 63-0862043

MONTGOMERY AREA CHAMBER OF COMMERCE FOUNDATION INC

Tax-exempt · MONTGOMERY, AL 36104

Financials

$406K$313K2023$803K$997K2024
Revenue Expenses · by fiscal year end
Financials of MONTGOMERY AREA CHAMBER OF COMMERCE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$803,217$996,806-$193,589$2,329,804$5,955$2,323,849
December 31, 2023990$405,581$313,167$92,414$2,524,151$6,713$2,517,438
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$902,054
of which government grants
$674,792
Membership dues
$49,462
Program service revenue
$49,711
Investment income
$1,223
Net rental income
-$149,771
Other revenue
-$149,771

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$6,519
Accounting fees
$10,000
Occupancy
$229,148
Depreciation
$71,971
Program services (functional)
$683,016
Management and general (functional)
$313,790

Balance sheet and other

Total assets, start of year
$2,524,151
Total assets, end of year
$2,329,804
Total liabilities, end of year
$5,955
Net assets, end of year
$2,323,849
Land, buildings and equipment
$1,594,712
Net assets without donor restrictions
$2,067,422
Net assets with donor restrictions
$256,427
Gross receipts
$952,988
Employees
0
Volunteers
10
Year formed
1983
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
ANNA BUCKALEWEXECUTIVE DI
Trustee or director, Officer
40$0$323,373$23,841
LABARRON BOONECHAIRMAN
Trustee or director, Officer
1$0$0$0
CARYN HUGHESDIRECTOR
Trustee or director
1$0$0$0
STACIA ROBINSONDIRECTOR
Trustee or director
1$0$0$0
ROBERT BIRMINGHAMDIRECTOR
Trustee or director
1$0$0$0
LESLIE SANDERSDIRECTOR
Trustee or director
1$0$0$0
RUSS TYNERDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ANNA BUCKALEWEXECUTIVE DI
Trustee or director, Officer
1$0$314,407$16,636
PAUL REDHEADSECRETARY/TR
Trustee or director, Officer
1$0$140,370$9,124
WILLIE DURHAMCHAIRMAN
Trustee or director, Officer
1$0$0$0
ARTHUR DUCOTEVICE CHAIRMA
Trustee or director, Officer
1$0$0$0
BRUCE CRAWFORDDIRECTOR
Trustee or director
1$0$0$0
EDWARD F CROWELLDIRECTOR
Trustee or director
1$0$0$0
JERRY C KYSERDIRECTOR
Trustee or director
1$0$0$0
JUDGE CHARLES PRICEDIRECTOR
Trustee or director
1$0$0$0
DAVID B REEDDIRECTOR
Trustee or director
1$0$0$0
LESLIE SANDERSDIRECTOR
Trustee or director
1$0$0$0
RUSS TYNERDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
600 S COURT ST, MONTGOMERY, AL 36104-4106
Principal officer (990 for 2024)
ANNA BUCKALEW, 600 SOUTH COURT STREET, MONTGOMERY, AL 36104
Signed the 990
ANNA BUCKALEW, EXECUTIVE DIRECTOR
Phone
(334) 834-5200
Return prepared by
ALDRIDGE BORDEN & COMPANY PC

Mission

PROMOTE CHARITABLE, EDUCATIONAL, SCIENTIFIC, AND CULTURAL ACTIVITIES IN THE CITY OF MONTGOMERY, ALABAMA.

990 for the year ended December 31, 2024

Program accomplishments

  • EXPENSES RELATED TO THE HISTORICAL PRESERVATION AND PROMOTION OF THE MONTGOMERY AREA.
    Expenses $485,333
  • EXPENSES RELATED TO ASSISTING SMALL BUSINESSES IN THE MONTGOMERY AREA. THIS INCLUDES EXPENSES FOR OPERATIONS OF THE BUSINESS RESOURCE CENTER AS WELL AS A COVID GRANT FUND, BOTH OF WHICH HAVE THE PURPOSE OF REDUCING UNEMPLOYMENT AND INCREASING THE NUMBER OF QUALITY JOBS.
    Expenses $36,781 · revenue $49,711
  • EXPENSES RELATED TO EDUCATION AND LEADERSHIP INCLUDING SPONSORSHIP OF BACCALAUREATE WORKSHOPS AND LEADERSHIP ACADEMY PROGRAMS.
    Expenses $160,902

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
63-0862043
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
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,329,804
Income (IRS master file)
$952,988

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$803,217$996,806$2,329,804XML
990December 2023$405,581$313,167$2,524,151XML
990December 2022-$226,842$303,152$2,461,877IRS
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 63-0862043).

Questions about MONTGOMERY AREA CHAMBER OF COMMERCE FOUNDATION INC

What is the EIN of MONTGOMERY AREA CHAMBER OF COMMERCE FOUNDATION INC?
The employer identification number (EIN) of MONTGOMERY AREA CHAMBER OF COMMERCE FOUNDATION INC is 63-0862043.
Is MONTGOMERY AREA CHAMBER OF COMMERCE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to MONTGOMERY 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 MONTGOMERY 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 MONTGOMERY 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 MONTGOMERY 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 MONTGOMERY AREA CHAMBER OF COMMERCE FOUNDATION INC?
The 990 for the year ended December 31, 2024 names ANNA BUCKALEW.
Who are the officers and directors of MONTGOMERY AREA CHAMBER OF COMMERCE FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does MONTGOMERY AREA CHAMBER OF COMMERCE FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $803,217, expenses of $996,806 and total assets of $2,329,804 at year end.

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