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Mobile AREA Chamber of Commerce Foundation INC

Public charityFed auditsIRS 990990-T FY2021
DBA: FOUNDATION INC
Community Development · MOBILE, AL · EIN 63-0753361

About

To carry out charitable activities for the benefit of the community and its citizens, working with the mobile AREA chamber of commerce.

DBA Foundation INC

Donations are tax-deductible
Category
Community Development
Employees
0
Volunteers
11

Financial Snapshot

FY ending 2023-12-31
Revenue
$1.8M
Expenses
$9.0M
Assets
$3.1M
Liabilities
$516K

Financial history

$9.0M$4.5M$0
1617181920212223
RevenueExpenses
Latest FY2023: $1.8M · Peak FY2019: $3.5M · Avg: $2.5M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$8.2M
MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC
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Address

PO BOX 2187
Mobile, AL, 36652-218

Governance

Voting board members13
Independent members11
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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