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Nonprofit · EIN 72-1378435

BUSINESS TECHNOLOGY DEVELOPMENT

Tax-exempt · HUNTSVILLE, AL 35816

Financials

$157K$349K2023$116K$216K2024
Revenue Expenses · by fiscal year end
Financials of BUSINESS TECHNOLOGY DEVELOPMENT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$115,837$216,459-$100,622$154,805$413,024-$258,219
December 31, 2023990$157,011$348,918-$191,907$167,761$325,358-$157,597
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$111,589
Investment income
$4,248
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$13,183
Salaries, compensation and benefits (total)
$14,208
Professional fundraising fees
$0
Occupancy
$118,892
Program services (functional)
$163,250
Management and general (functional)
$53,209

Balance sheet and other

Total assets, start of year
$167,761
Total assets, end of year
$154,805
Total liabilities, end of year
$413,024
Net assets, end of year
-$258,219
Net assets without donor restrictions
-$258,219
Gross receipts
$115,837
Employees
1
Year formed
1997
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 / weekCompensation
BOB BARONMEMBER
Trustee or director
–$0
PETER BUECHERMEMBER
Trustee or director
–$0
CLINT COLEMANMEMBER
Trustee or director
–$0
ERIC GRIGORIANMEMBER
Trustee or director
–$0
STEPHEN HALLMEMBER
Trustee or director
–$0
LEE HOEKENSCHNIEDERBOD CHAIRMAN
Trustee or director
–$0
LARRY LEWISCEO
Trustee or director, Officer
–$0
BOB LUDWIGMEMBER
Trustee or director
–$0
RICH MARSDENMEMBER
Trustee or director
–$0
LISA MAYSMEMBER
Trustee or director
–$0
HOWARD SANDERFORDEX OFFICIO
Trustee or director
–$0
BOB THURBERBOD VICE CHA
Trustee or director
–$0
DANNY WINDHAMMEMBER
Trustee or director
–$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
BOB BARONMEMBER
Trustee or director
–$0
PETER BUECHERMEMBER
Trustee or director
–$0
CLINT COLEMANMEMBER
Trustee or director
–$0
ERIC GRIGORIANMEMBER
Trustee or director
–$0
STEPHEN HALLMEMBER
Trustee or director
–$0
LEE HOEKENSCHNIEDERBOD CHAIRMAN
Trustee or director
–$0
LARRY LEWISCEO
Trustee or director, Officer
–$0
BOB LUDWIGMEMBER
Trustee or director
–$0
RICH MARSDENMEMBER
Trustee or director
–$0
LISA MAYSMEMBER
Trustee or director
–$0
HOWARD SANDERFORDEX OFFICIO
Trustee or director
–$0
BOB THURBERBOD VICE CHA
Trustee or director
–$0
DANNY WINDHAMMEMBER
Trustee or director
–$0

Address and contacts

Address (IRS master file)
515 SPARKMAN DR NW, HUNTSVILLE, AL 35816-3417
In care of
% RICHARD E REEVES
Principal officer (990 for 2024)
LARRY LEWIS, 515 SPARKMAN DR, HUNTSVILLE, AL 35816
Signed the 990
LARRY LEWIS, CEO
Phone
(256) 704-6000
Return prepared by
LUCA GROUP LLC

Mission

INCUBATOR FOR SMALL BUSINESS DEVELOPMENT

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTING AND INCREASING BUSINESS OPPORTUNITIES FOR SMALL BUSINESSES IN MADISON COUNTY, ALABAMA. PROMOTING, COORDINATING, DEVELOPING AND OPERATING A SMALL BUSINESS INCUBATOR.
    Expenses $163,250 · revenue $111,589
  • PROMOTING AND INCREASING BUSINESS OPPORTUNITIES FOR SMALL BUSINESSES IN MADISON COUNTY, ALABAMA. PROMOTING, COORDINATING, DEVELOPING AND OPERATING A SMALL BUSINESS INCUBATOR.

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
72-1378435
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
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$154,805
Income (IRS master file)
$115,837

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$115,837$216,459$154,805XML
990December 2023$157,011$348,918$167,761XML
990December 2022$233,921$370,520$234,311IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 72-1378435).

Questions about BUSINESS TECHNOLOGY DEVELOPMENT

What is the EIN of BUSINESS TECHNOLOGY DEVELOPMENT?
The employer identification number (EIN) of BUSINESS TECHNOLOGY DEVELOPMENT is 72-1378435.
Is BUSINESS TECHNOLOGY DEVELOPMENT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to BUSINESS TECHNOLOGY DEVELOPMENT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BUSINESS TECHNOLOGY DEVELOPMENT 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 BUSINESS TECHNOLOGY DEVELOPMENT 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 BUSINESS TECHNOLOGY DEVELOPMENT 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 BUSINESS TECHNOLOGY DEVELOPMENT?
The 990 for the year ended December 31, 2024 names LARRY LEWIS.
Who are the officers and directors of BUSINESS TECHNOLOGY DEVELOPMENT?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does BUSINESS TECHNOLOGY DEVELOPMENT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $115,837, expenses of $216,459 and total assets of $154,805 at year end.

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