Public Charity

MONTGOMERY AREA CHAMBER OF COMMERCE FOUNDATION INC

MONTGOMERY AREA CHAMBER OF COMMERCE FOUNDATION INC is a Public Charity headquartered in MONTGOMERY, AL. Financial data from the 2024 filing: $803K revenue, $997K expenses, $2.3M total assets. 1 publicly reported grants to this organization, totaling roughly $65K, appear in IRS filings.

EIN: 630862043 MONTGOMERY, AL Chambers of Commerce & Business Leagues NTEE: S41 Latest filing: 2024
Total Revenue$803K
Total Expenses$997K
Total Assets$2.3M
Grant Records1
Funding Total$65K
Filing Years2019–2024

Mission

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

Where $100 goes at Montgomery Area Chamber of Commerce Foundation Inc

How Montgomery Area Chamber of Commerce Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$74 Programs the work itself
$26 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $74 for programs

$53
Expenses related to the historical preservation and promotion of the Montgomery area
71% of program spending
$17
Expenses related to education and leadership including sponsorship of baccalaureate workshops and leadership academy programs
24% of program spending
$4
Expenses related to assisting small businesses in the Montgomery area
5% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
PROVIDE FINANICAL SUPPORT.
$65,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

EXECUTIVE DI Anna Buckalew
DIRECTOR Caryn Hughes
CHAIRMAN Labarron Boone
DIRECTOR Leslie Sanders
DIRECTOR Robert Birmingham
DIRECTOR Russ Tyner

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$65,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $803K $997K $2.3M
2023 $406K $313K $2.5M
2022 $-227K $303K $2.5M
2020 $1.1M $765K $3.1M
2019 $388K $427K $2.8M

Between 2019 and 2024, reported annual revenue grew from $388K to $803K (+107%), with total assets most recently reported at $2.3M.

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

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