Public Charity

Alabama Small Business Development Initiative

Alabama Small Business Development Initiative is a nonprofit organization categorized as Public Charity based in Birmingham, AL. Its most recent IRS filing (2024) reports revenue of $440K, expenses of $348K, total assets of $355K. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $1.4M.

EIN: 465559627 Birmingham, AL Latest filing: 2024
Total Revenue$440K
Total Expenses$348K
Total Assets$355K
Grant Records3
Funding Total$1.4M
Filing Years2020–2024

Mission

The ASBDI is the administrator of the Alabama Community Loan Fund ACLF which works in partnership with organizations across the state

Officers & Directors

Board Member Janine Smith
Board Member Keith Cromwell
President Ledon Jones
Board Member Lisa Cooper
Board Member Mary Ellen Judah
Board Member Melodi Anderson

Officer compensation and complete director data available with membership.

Top Grant Purposes

BIRMINGHAM STRONG SUPPORT FOR SMALL BUSINESSES
$1,146,500 1 grant
1 grant(s) for varying purposes
$150,000 1 grant
SPECIAL PORGRAMS
$136,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $440K $348K $355K
2023 $265K $232K $262K
2022 $182K $704K $223K
2021 $741K $98K $745K
2020 $144K $69K $101K

Between 2020 and 2024, reported annual revenue grew from $144K to $440K (+207%), with total assets most recently reported at $355K.

Interactive year-over-year charts and full filing details available with membership.

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