C3 Of Northwest Alabama Inc

Organization Overview

C3 Of Northwest Alabama Inc is located in Guin, AL. The organization was established in 2012. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. C3 Of Northwest Alabama Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2023, C3 Of Northwest Alabama Inc generated $397.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $365.5k during the year ending 09/2023. While expenses have increased by 0.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE ECONOMIC DEVELOPMENT FOR MARION, LAMAR AND FAYETTE COUNTIES IN NORTHWEST ALABAMA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRIMARY PURPOSE OF C3 IS TO SERVE AS A COOPERATIVE MARKETING EFFORT OF THE CITIES AND COUNTIES IN MARION, LAMAR AND FAYETTE COUNTIES IN NW ALABAMA IN WHJICH TO FORM AN ECONOMIC DEVELOPMENT ALLIANCE WITH THE MISSION OF MARKETING THIS REGION TO NEW AND EXISTING BUSINESSES FOR THE CREATION AND RETENTION OF JOBS FOR AREA RESIDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Tom Wisemiller
Executive Director
$113,500
Wayne Christian
Director
$0
Jason Wyatt
Director
$0
Katie Garrison
Director
$0
Valerie Branyon
Director
$0
Al Elbert
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$149,166
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$234,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$383,666
Total Program Service Revenue$5,070
Investment income $8,729
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $397,465

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