Alabama Forestry Association Inc is located in Montgomery, AL. The organization was established in 1949. According to its NTEE Classification (C36) the organization is classified as: Forest Conservation, under the broad grouping of Environment and related organizations. As of 12/2022, Alabama Forestry Association Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Forestry Association Inc 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 12/2022, Alabama Forestry Association Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. While expenses have increased by 2.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE FOREST INDUSTRY & FOREST PRODUCTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL WORKSHOPS AND PROGRAMS FOR MEMBERS
ADVANCEMENT OF FOREST INDUSTRY IN ALABAMA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Ayers Director | Trustee | 0 | $0 |
Pete Bertucci Director | Trustee | 0 | $0 |
Keefe Burt Director | Trustee | 0 | $0 |
Jon-Micheal Clark Director | Trustee | 0 | $0 |
Wendy Coyle Director | Trustee | 0 | $0 |
Matt Ezekiel Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,321,270 |
Investment income | $23,205 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $224,773 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $27,964 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,989,909 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $330,789 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | -$52,308 |
Pension plan accruals and contributions | $85,979 |
Other employee benefits | $108,328 |
Payroll taxes | $81,187 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,850 |
Fees for services: Lobbying | $176,630 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $9,985 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $54,892 |
Information technology | $14,293 |
Royalties | $0 |
Occupancy | $125,100 |
Travel | $21,879 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $109,151 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $54,535 |
Insurance | $0 |
All other expenses | $137,944 |
Total functional expenses | $1,986,388 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $498,143 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $634,250 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $13,770 |
Prepaid expenses and deferred charges | $11,494 |
Net Land, buildings, and equipment | $145,282 |
Investments—publicly traded securities | $916,384 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $299,405 |
Total assets | $2,518,728 |
Accounts payable and accrued expenses | $162,015 |
Grants payable | $0 |
Deferred revenue | $231,405 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $299,405 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $692,825 |
Net assets without donor restrictions | $1,825,903 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,518,728 |