2024-11-14T13:59:14-06:00 2023-12-31 135565207 KPMG LLP 500 W 5TH ST STE 800 WINSTONSALEM NC 27101 990 2023-01-01 581984793 ALABAMA BUSINESS CHARITABLE TRUST FUND INC ALAB 2052572424 CO STACI BROOKS PO BOX 2641 BIRMINGHAM AL 35291 STACI BROOKS EXECUTIVE DIRECTOR 2052572424 2024-11-13 1 0 LAURA COLLINS P00008888 3362753394 2024-11-06 2023 2024-10-15 13:58:12Z STACI BROOKS 600 N 18TH STREET BIRMINGHAM AL 35291 16396239 0 X N/A X 1991 AL SEE SCHEDULE O 7 7 0 7 0 0 0 0 0 0 1151306 1305268 0 0 1151306 1305268 1385709 1372286 0 0 211554 255551 0 0 0 73549 39730 1670812 1667567 -519506 -362299 30595887 34419214 33384 69240 30562503 34349974 X THE PRIMARY MISSION OF THE TRUST IS TO BENEFIT SPECIFIC CHARITABLE ORGANIZATIONS THAT PROVIDE FINANCIAL ASSISTANCE TO LOW INCOME INDIVIDUALS WITH FINANCIAL EMERGENCIES IN CENTRAL AND SOUTH ALABAMA FOR ENERGY, FOOD, SHELTER, MEDICAL CARE AND EDUCATION. 0 0 564079 484386 EMERGENCY COOLING ASSISTANCE PROGRAM PROVIDES FUNDS FOR ENERGY ASSISTANCE DURING THE COOLING SEASON OF JUNE - OCTOBER TO VARIOUS NON-PROFIT AGENCIES IN NORTH, SOUTH AND CENTRAL ALABAMA. 395938 340000 EMERGENCY ASSISTANCE - GENERAL PROGRAM PROVIDES FUNDS FOR EMERGENCY ASSISTANCE THROUGHOUT THE YEAR TO VARIOUS NON-PROFIT AGENCIES LOCATED IN NORTH, SOUTH AND CENTRAL ALABAMA. 299865 257500 EMERGENCY ENERGY ASSISTANCE PROGRAM PROVIDES FUNDS FOR ENERGY ASSISTANCE THROUGHOUT THE YEAR TO VARIOUS NON-PROFIT AGENCIES LOCATED IN NORTH, SOUTH AND CENTRAL ALABAMA. 132057 113400 HOME FORWARD GRANTS 29113 25000 NON-PROFIT ENERGY EFFICIENCY 177008 152000 OTHER MISCELLANEOUS GRANTS 338178 290400 1598060 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X GUBRAY BROOKS 2052573577 600 N 18TH STREET BIRMINGHAM AL 35291 JOHN STAMPS PRESIDENT & DIRECTOR 0.10 0.00 X X 0 0 0 CARLOS ALEMAN VICE PRESIDENT & DIRECTOR 0.05 0.00 X X 0 0 0 LISA MCCARROLL DIRECTOR 0.10 0.00 X 0 0 0 RICHARD BUSBY DIRECTOR 0.05 0.00 X 0 0 0 J LEIGH DAVIS DIRECTOR 0.05 0.00 X 0 0 0 JONATHAN K PORTER DIRECTOR 0.05 0.00 X 0 0 0 CLAYTON M RYAN DIRECTOR 0.05 0.00 X 0 0 0 STACI BROOKS EXECUTIVE DIRECTOR 2.00 0.00 X 12176 0 0 RUBY JACKSON SECRETARY 3.00 0.00 X 8590 0 0 TAN GRAYSON ASSOCIATE DIRECTOR 24.00 0.00 X 88752 0 0 WENDY HOOMES TREASURER 1.00 0.00 X 3936 0 0 113454 0 0 0 0 0 0 0 728327 728327 15667912 15090971 576941 576941 576941 1305268 0 0 1305268 1372286 1372286 113454 113454 142097 112227 29870 10021 10021 14500 14500 706 706 8217 8217 93 93 OTHER MISC. EXPENSES 6193 6193 1667567 1598060 69507 0 511499 409086 18779612 20080174 11259848 13874778 44928 55176 30595887 34419214 33384 69240 33384 69240 X 30562503 34349974 30562503 34349974 30595887 34419214 -362299 4149770 0 X 0 1 X 0 0 0 COMMON/COLLECTIVE TRUSTS 5761615 F U.S. GOVERNMENT BONDS 3616172 F CORPORATE BONDS 3463416 F ASSET-BACKED SECURITIES 1033575 F 13874778 X 5455038 4149770 4149770 1305268 0 1305268 1667567 0 1667567 0 1667567 PART X, LINE 2: ASC 740 FOOTNOTE THE TRUST IS EXEMPT FROM FEDERAL INCOME TAXES AS A SOCIAL WELFARE ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(4). THE TRUST'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE TAX YEARS ENDING 2020, 2021, 2022 AND 2023 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE (3) YEARS AFTER THEY WERE FILED. 1 THE SALVATION ARMY 1424 NORTHEAST EXPY NE BROOKHAVEN BROOKHAVEN GA 303292018 580660607 501(C)3 260000 0 GENERAL/OPERATING COMMUNITY ACTION AGENCY OF NORTHEAST ALABAMA 1481 MCCURDY AVE S RAINSVILLE AL 35986 636053512 509(A)(1) 159839 0 GENERAL/OPERATING CATHOLIC SOCIAL SERVICES PO BOX 161229 MOBILE AL 36616 630627699 501(C)3 116991 0 GENERAL/OPERATING COMMUNITY SERVICE PROGRAMS OF WEST ALABAMA INC 601 BLACK BEARS WAY TUSCALOOSA AL 35401 630671915 501(C)3 70256 0 GENERAL/OPERATING COMMUNITY ACTION AGENCY OF SOUTH ALABAMA 26440 POLLARD ROAD DAPHNE AL 36526 630510904 509(A)(1) 69404 0 GENERAL/OPERATING COMMUNITY ACTION PARTNERSHIP OF NORTH ALABAMA INC 1909 CENTRAL PARKWAY SW DECATUR AL 35601 630514875 509(A)(1) 66854 0 GENERAL/OPERATING ORGANIZED COMMUNITY ACTION PROGRAM INC 507 NORTH THREE NOTCH STREET TROY AL 360816113 630517976 509(A)(1) 58242 0 GENERAL/OPERATING ALABAMA COUNCIL ON HUMAN RELATIONS 950 SHELTON MILL RD AUBURN AL 36830 630378133 509(A)(1) 47697 0 GENERAL/OPERATING MONTGOMERY COMMUNITY ACTION AGENCY 1066 ADAMS AVE MONTGOMERY AL 36104 636054097 509(A)(1) 42410 0 GENERAL/OPERATING COMMUNITY ACTION PARTNERSHIP OF MIDDLE ALABAMA 116 CHILTON PLACE CLANTON AL 35045 630506849 509(A)(1) 40142 0 GENERAL/OPERATING COMMUNITY ACTION AGENCY OF TALLADEGA CLAY RANDOLPH CALHOUN & CLEBURNE 136 N COURT ST TALLADEGA AL 35160 630502395 509(A)(1) 31116 0 GENERAL/OPERATING MACON-RUSSELL COMMUNITY ACTION AGENCY 501 S SCHOOL ST SUITE B TUSKEGEE AL 36083 636054092 509(A)(1) 29430 0 GENERAL/OPERATING COMMUNITY ACTION OF ETOWAH COUNTY INC 624 BROAD STREET GADSDEN AL 35901 630960388 509(A)(1) 27663 0 GENERAL/OPERATING SOUTHEAST ALABAMA COMMUNITY ACTION PARTNERSHIP PO BOX 31-1407 ENTERPRISE AL 36331 630665982 509(A)(1) 26917 0 GENERAL/OPERATING SERVING YOU MINISTRIES INC 6523 1ST AVE N BIRMINGHAM AL 35206 263953935 501(C)3 25000 0 GENERAL/OPERATING ALABAMA DEPARTMENT OF ECONOMIC & COMMUNITY AFFAIRS 401 ADAMS AVENUE P O BOX 5690 MONTGOMERY AL 361035690 636000619 GOVERNMENT ENTITY 22500 0 GENERAL/OPERATING UNITED WAY OF CENTRAL ALABAMA INC PO BOX 320189 BIRMINGHAM AL 352320189 630288846 501(C)3 20000 0 GENERAL/OPERATING CHAMBERS-TALLAPOOSA-COOSA COMMUNITY ACTION COMMITTEE 172 SOUTH BROADNAX STREET DADEVILLE AL 36853 630740961 509(A)(1) 18609 0 GENERAL/OPERATING COMMUNITY ACTION AGENCY OF NORTHEAST ALABAMA - JEFFERSON COUNTY 900 38TH ST N BIRMINGHAM AL 35222 636053512 501(C)3 18000 0 GENERAL/OPERATING FAMILY SERVICES CENTER OF CALHOUN COUNTY 105 W 15TH STREET ANNISTON AL 36201 631176213 509(A)(1) 14771 0 GENERAL/OPERATING MOBILE COMMUNITY ACTION INC 461 DONALD ST MOBILE AL 36617 630518148 509(A)(1) 14296 0 GENERAL/OPERATING WALKER COUNTY COMMUNITY ACTION AGENCY INC 644 19TH STREET W JASPER AL 35501 630501819 501(C)3 13716 0 GENERAL/OPERATING COMMUNITY ACTION AGENCY OF NORTHWEST ALABAMA 745 THOMPSON ST FLORENCE AL 356303867 630505905 509(A)(1) 12288 0 GENERAL/OPERATING PROJECT HORSESHOE FARM 1310C MAIN ST GREENSBORO AL 36744 261396439 501(C)3 10000 0 GENERAL/OPERATING WORKSHOPS EMPOWERMENT INC 4244 3RD AVE SOUTH BIRMINGHAM AL 35222 630320201 501(C)3 10000 0 GENERAL/OPERATING UNITED WAY OF SOUTHWEST ALABAMA INC 218 ST FRANCIS STREET MOBILE AL 36602 630351568 501(C)3 10000 0 GENERAL/OPERATING BOYS & GIRLS CLUB OF WEST ALABAMA INC POST OFFICE BOX 40221 TUSCALOOSA AL 35404 630452285 501(C)3 10000 0 GENERAL/OPERATING MONTGOMERY AREA COUNCIL ON AGING 115 E JEFFERSON ST MONTGOMERY AL 361043616 630634950 501(C)3 10000 0 GENERAL/OPERATING COMMUNITY ACTION AGENCIES ASSOCIATION OF ALABAMA PO BOX 365 UNIONTOWN AL 35201 631212760 509(A)(2) 10000 0 GENERAL/OPERATING SPRING VALLEY SCHOOL 2701 SYDNEY DR BIRMINGHAM AL 352116907 631253000 501(C)3 10000 0 GENERAL/OPERATING ACHIEVEMENT CENTER - EASTER SEALS 510 WEST THOMASON CIRCLE OPELIKA AL 36801 636062684 501(C)3 10000 0 GENERAL/OPERATING CHOICE P O BOX 1037 UNIONTOWN AL 36786 800360199 501(C)3 10000 0 GENERAL/OPERATING CENTRAL ALABAMA REGIONAL PLANNING AND DEVELOPMENT COMMISSION 430 S COURT ST MONTGOMERY AL 36104 630545817 GOVERNMENT ENTITY 8000 0 GENERAL/OPERATING HEARTS OF CLEBURNE PO BOX 377 RANBURNE AL 362730377 631270917 501(C)3 7500 0 GENERAL/OPERATING PICKENS COMMUNITY ACTION AND DEVELOPMENT CORPORATION INC PO BOX 348 CARROLLTON AL 35447 630515016 509(A)(1) 6145 0 GENERAL/OPERATING 35 0 SCHEDULE I, PART I, LINE 2 MONITORING THE USE OF GRANT FUNDS ALABAMA BUSINESS CHARITABLE TRUST FUND, INC. REQUIRES AUDITED FINANCIAL STATEMENTS AND REPORTS FROM THE ORGANIZATIONS THAT DETAIL HOW THE FUNDS FROM THE GRANT WERE USED. FORM 990, PART I, LINE 1 TO BENEFIT SPECIFIC CHARITABLE ORGANIZATIONS THAT PROVIDE FINANCIAL ASSISTANCE TO LOW INCOME INDIVIDUALS WITH FINANCIAL EMERGENCIES IN CENTRAL AND SOUTH ALABAMA. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF 990 THE TRUST'S MANAGEMENT REVIEWS THE TAX RETURN BEFORE FILING AND PROVIDES COPIES TO THE TRUST'S BOARD BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF COMPLIANCE POLICY THE ALABAMA BUSINESS CHARITABLE TRUST FUND HAS A WRITTEN CONFLICT OF INTEREST POLICY AND DISCLOSURE PROVISION. ANNUALLY, THE POLICY IS ADDRESSED AT A TRUST BOARD MEETING AND THE FORM IS COMPLETED BY DIRECTORS AND OFFICERS. THE FORM INCLUDES PORTIONS TO BE COMPLETED IF DISCLOSURE OF ANY POTENTIAL CONFLICT EXISTS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENT AVAILABILITY THE TRUST'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE PUBLIC.