Oneonta Business Association is located in Oneonta, AL. The organization was established in 2014. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Oneonta Business Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Oneonta Business Association generated $12.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (53.6%) each year. All expenses for the organization totaled $46.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE MISSION TO ADVANCE ALL LOCAL ONEONTA BUSINESSES AND THEIR PROMOTION THROUGH MARKETING, EVENTS, TOURISM, ECONOMIC DEVELOPMENT, AND LEADERSHIP. AS A NON-PROFIT ORGANIZATION, THE OBA IS DEDICATED TO CHAMPIONING THE GROWTH AND ENRICHMENT OF BUSINESSES WITHIN THE CITY OF ONEONTA BY PROVIDING OPPORTUNITIES FOR SHARING INFORMATION, NETWORKING AND EDUCATION; BY FOSTERING A SENSE OF COMMUNITY AMONG ITS MEMBERS, BY IMPROVING THE BUSINESS CLIMATE FOR ITS MEMBERS BY MONITORING STATE AND LOCAL LEGISLATIVE AND AGENCY ACTIONS WHICH IMPACT ITS MEMBERS WHILE PROVIDING A FORUM FOR DIALOGUE BETWEEN ITS MEMBERS AND OPINION LEADERS, LEGISLATORS, OTHER INTEREST GROUPS AND THE GENERAL PUBLIC; AND BY PROMOTING PUBLIC AWARENESS OF THE CONTRIBUTION OF ITS MEMBERS TO THE ECONOMIC, PHYSICAL AND SOCIAL VITALITY OF THE CITY OF ONEONTA COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Greg Brown President | 15 | $0 | |
Jack Bains Vice-President | 10 | $0 | |
Bill Hendrickson Treasurer | 30 | $0 | |
Tara Murphree Secretary | 30 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30,000 |
Total Program Service Revenue | $0 |
Membership dues | $17,048 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$37,518 |
Other Revenue | $3,052 |
Total Revenue | $12,582 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $5,170 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $27,470 |
Occupancy, rent, utilities, and maintenance | $773 |
Printing, publications, postage, and shipping | $6,931 |
Other expenses | $6,049 |
Total expenses | $46,393 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $17,269 |
Other assets | $0 |
Total assets | $17,269 |
Total liabilities | $0 |
Net assets or fund balances | $17,269 |
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