Public Charity

NORTHEAST ALABAMA BUSINESS INCUBATOR SYSTEM INC

Based in ANNISTON, AL, NORTHEAST ALABAMA BUSINESS INCUBATOR SYSTEM INC operates as a Public Charity. The organization reported $8K in revenue, $30K in expenses, $1.1M in total assets for fiscal year 2024.

EIN: 631159586 ANNISTON, AL Latest filing: 2024
Total Revenue$8K
Total Expenses$30K
Total Assets$1.1M
Grant Records0
Filing Years2019–2024

Mission

AS A BUSINESS INCUBATOR OUR GOAL IS TO PROMOTE ENTREPRENEURSHIP AND INCREASE THE DEVELOPMENT OF SMALL BUSINESS IN CALHOUN COUNTY, ALABAMA. WE ACHIEVE THIS VIA MENTORING PROGRAMS,NETWORKING,PUBLICITY,REFERRALS TO PROFESSIONALS, SHARED ACCESS TO EQUIPMENT AND ONSITE ACCOMODATIONS.

Officers & Directors

DIRECTOR Bill Jackson
DIRECTOR Bill Newman
TREASURER Brian Rosenbalm
DIRECTOR Debra Foster
SECRETARY Dick Anderson
EXECUTIVE DIRECTOR Don Hopper

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $8K $30K $1.1M
2023 $2K $35K $1.1M
2022 $13K $21K $1.2M
2020 $221K $19K $1.2M
2019 $254K $41K $1.1M

Between 2019 and 2024, reported annual revenue declined from $254K to $8K (-97%), with total assets most recently reported at $1.1M.

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

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