Alabama Mountain Lakes Association Inc

Organization Overview

Alabama Mountain Lakes Association Inc is located in Decatur, AL. The organization was established in 1983. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. As of 09/2021, Alabama Mountain Lakes Association Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Mountain Lakes 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 09/2021, Alabama Mountain Lakes Association Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.4m during the year ending 09/2021. While expenses have increased by 0.6% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE TRAVEL, TOURISM AND ECONOMIC DEVELOPMENT IN NORTH ALABAMA

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTE VARIOUS ACTIVITIES AND PROJECTS TO SUPPORT TRAVEL, TOURISM AND ECONOMIC DEVELOPMENT IN NORTH ALABAMA


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Board, Officers & Key Employees

Name (title)Compensation
Tami L Reist
CEO
$120,705
Angie Pierce
Executive Vice President
$85,280
Craig Johnston
Director
$0
Jennifer Moore
Director
$0
Chad Davis
Director
$0
Lisa Baker
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$73,803
Fundraising events$0
Related organizations$0
Government grants $130,315
All other contributions, gifts, grants, and similar amounts not included above$1,649,105
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,853,223
Total Program Service Revenue$29,755
Investment income $8,504
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 $1,891,482

Grants Awarded

Over the last fiscal year, Alabama Mountain Lakes Association Inc has awarded $124,000 in support to 15 organizations.

Grant RecipientAmount

HUNTSVILLE MADISON CNTY CVB

PURPOSE: Tourism

$20,000

MARSHALL COUNTY CONVENTION & VISITO

PURPOSE: Tourism

$9,000

DEKALB COUNTY TOURISM ASSN

PURPOSE: Tourism

$9,000

JACKSON COUNTY CHAMBER OF COMMERCE

PURPOSE: Tourism

$9,000

GADSDEN ETOWAH TOURISM BOARD

PURPOSE: Tourism

$9,000

CHEROKEE CHAMBER OF COMMERCE

PURPOSE: Tourism

$9,000
View Grant Profile

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