2023-11-15T15:23:11-06:00 2022-12-31 630191630 SMITH DUKES & BUCKALEW LLP 3800 AIRPORT BLVD MOBILE AL 366081667 990 2022-01-01 630753361 MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC MOBI 2514318624 PO BOX 2187 MOBILE AL 36652 MICHI LUNCEFORD ASST. SECRETARY/TREASURER 2514318624 2023-11-14 1 MICHI LUNCEFORD 999009999 0 CLIFTON T JACKSON P01269673 2513431200 2023-11-14 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHI LUNCEFORD 451 GOVERNMENT ST MOBILE AL 36602 2902918 0 X WWW.MOBILECHAMBER.COM X 1978 AL TO CARRY OUR CHARITABLE ACTIVITIES FOR THE BENEFIT OF THE COMMUNITY AND ITS CITIZENS, WORKING WITH THE MOBILE AREA CHAMBER OF COMMERCE. 13 11 0 11 62500 0 2230569 2244053 306300 641504 0 8 7436 17353 2544305 2902918 892835 1152650 0 0 215953 284776 0 0 0 829687 918171 1938475 2355597 605830 547321 11562488 10999610 2295845 1185646 9266643 9813964 TO CARRY OUT CHARITABLE ACTIVITIES FOR THE BENEFIT OF THE COMMUNITY AND ITS CITIZENS, WORKING WITH THE MOBILE AREA CHAMBER OF COMMERCE. 0 0 1010913 923812 CITY OF MOBILE AND MOBILE COUNTY ECONOMIC DEVELOPMENT PERFORMANCE CONTRACT - TO HELP COMPANIES AND CONSULTANTS EVALUATE THE MOBILE AREA FOR BUSINESS RELOCATION 832129 29387 335204 INNOVATION PORTAL - FACILITATE GROWTH OF ENTREPRENEURS AND SMALL BUSINESS OWNERS BY PROVIDING FACILITES, TRAINING, AND NETWORKING. 377721 199451 OTHER PROGRAM SCHOLARSHIPS 2220763 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 3 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL X MOBILE CHAMBER OF COMMERCE FOUNDATION 2514318624 451 GOVERNMENT ST MOBILE AL 36602 JAMES F WATKINS LEGAL COUNSEL 1.00 X 0 0 0 TERRY HARBIN DIRECTOR 1.00 X 0 0 0 CLIFTON INGE DIRECTOR 1.00 X 0 0 0 T BRAGG VAN ANTWERP JR DIRECTOR 1.00 X 0 0 0 MARK NIX DIRECTOR 1.00 X 0 0 0 LOWELL J FRIEDMAN DIRECTOR 1.00 X 0 0 0 CHRIS LEE DIRECTOR 1.00 X 0 0 0 LIZ FREEMAN DIRECTOR 1.00 X 0 0 0 SYDNEY RAINE DIRECTOR 1.00 X 0 0 0 FRANK J LOTT III CHAIRMAN 1.00 X 0 0 0 G ROBERT BAKER JR VICE PRESIDENT/SECRETARY 1.00 X 0 0 0 BRADLEY BYRNE PRESIDENT/TREASURER 40.00 X 0 204167 0 NEIL CHRISTOPHER ASST SECRETARY/TREASURER 40.00 X 0 128957 17280 0 333124 17280 0 0 1 0 0 1031250 1212803 2244053 INNOVATION PORTAL 532000 335204 335204 RENTAL OF BUILDING 532000 306300 62500 243800 641504 8 8 12114 12114 MISCELLANEOUS 5239 5239 5239 2902918 340443 62500 255922 1152650 1152650 284776 276201 8575 22693 21287 1406 21652 21652 115275 95823 19452 64021 60030 3991 272140 239925 32215 96618 81520 15098 MAINTENANCE & REPAIRS 148830 111799 37031 EVENTS 94527 94527 PROPERTY TAXES 82415 65349 17066 2355597 2220763 134834 0 1858052 1591986 234442 95415 346639 300000 37652 56260 11940656 3034707 9022191 8905949 63512 50000 11562488 10999610 223621 334554 2004129 846509 68095 4583 2295845 1185646 X 8095925 9191674 1170718 622290 9266643 9813964 11562488 10999610 547321 0 X X 0 1 X 1 0 X 2009803 3193041 2925008 2090310 2244053 12462215 2009803 3193041 2925008 2090310 2244053 12462215 1764514 10697701 312257 311508 308028 453995 658865 2044653 14506868 0.73740 0.76590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1479829 1479829 8820726 2036988 6783738 1269949 662107 607842 370152 335612 34540 8905949 LEASE DEPOSIT 4583 4583 X 2902918 0 2902918 0 2902918 2355597 0 2355597 0 2355597 PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE FOUNDATION IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. UNRELATED BUSINESS INCOME RESULTS FROM RENT. THE FOUNDATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARD BOARD ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2022 AND 2021, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 MOBILE AREA CHAMBER OF COMMERCE PO BOS 2167 MOBILE AL 36652 630142765 501 (C) (6) 831250 0 ECONOMIC DEVELOPMENT IN THE MOBILE AREA 0 1 PART I, LINE 2: COMMON MANAGEMENT OF BOTH ORGANIZATIONS ENSURES GRANTS ARE PROPERLY MONITORED. 0 1 0 0 0 0 0 0 0 BRADLEY BYRNE PRESIDENT/TREASURER 0 204167 0 0 0 0 0 0 0 0 0 204167 0 0 PART I, LINE 4B NEIL CHRISTOPHER: 2022 CONTRIBUTION TO 457(F) PLAN HELD AND FUNDED BY THE MOBILE AREA CHAMBER OF COMMERCE, A RELATED ORGANIZATION, IN THE AMOUNT OF $5,000. FORM 990, PART VI, SECTION A, LINE 2 BRADLEY BYRNE AND NEIL CHRISTOPHER ARE EMPLOYEES OF THE MOBILE AREA CHAMBER OF COMMERCE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS THE FORM 990 FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS MUST DISCLOSE TO THE ORGANIZATION THE EXISTENCE AND CIRCUMSTANCES OF ANY CONFLICT OF INTEREST, REFRAIN FROM USING HIS OR HER PERSONAL INFULENCE TO ENCOURAGE THE ORGANIZATION TO ENTER INTO A TRANSACTION, AND PHYSICALLY EXCUSE HIMSELF FROM PARTICIPATION IN ANY DISCUSSIONS. FORM 990, PART VI, SECTION B, LINE 15 AT THE PRESENT TIME, THIS ORGANIZATION DOES NOT HAVE ANY EMPLOYEES; THEREFORE APPROVAL OF COMPENSATION FOR KEY EMPLOYEES OR OFFICERS WAS NOT NECESSARY. THE COMPENSATION OF KEY EMPLOYEES AND OFFICERS OF THE RELATED ORGANIZATION ARE DETERMINED BY THE BOARD OF THE RELATED ORGANIZATION, FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT, WHICH IS THE SAME PROCESS AS IN PRIOR YEARS. MOBILE AREA CHAMBER OF COMMERCE PO BOX 2187 MOBILE AL 36652 630142765 ASSIST LOCAL BUSINESSES IN ACCOMPLISHING THE TASK OF COMMUNITY AWARENESS AL 501(C)(6) N/A 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 MOBILE AREA CHAMBER OF COMMERCE B 831250 AMOUNT PER AGREEMENT MOBILE AREA CHAMBER OF COMMERCE J 243800 AMOUNT PER AGREEMENT MOBILE AREA CHAMBER OF COMMERCE P 350701 AMOUNT PER AGREEMENT