Alabama Broadcasters Association
- Assets
- $2.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 4
- Location
- Hoover, AL
- Founding
- 10/1972
- Data as of
- 12/2022
- EIN
- 63-0568022
Organization Overview
Alabama Broadcasters Association is located in Hoover, AL. The organization was established in 1972. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Alabama Broadcasters Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Broadcasters 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 12/2022, Alabama Broadcasters Association generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 9.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ALABAMA BROADCASTERS ASSOCIATION (THE ASSOCIATION) IS THE OFFICIAL VOICE OF THE BROADCASTING INDUSTRY IN ALABAMA. WE ARE DEDICATED TO PROTECTING AND ENHANCING BROADCASTING, AND PROMOTING THE PROFESSIONAL STATUS OF OUR MEMBERS.THE ABA HAS PROUDLY SERVED THE BROADCASTING INDUSTRY IN ALABAMA FOR MORE THAN 30 YEARS. WE PROVIDE PROGRAMS AND SERVICES BENEFICIAL TO THE INDIVIDUAL BROADCASTER AND TO OUR MEMBERS AS A GROUP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION STRIVES TO BRING THE RADIO AND TELEVISION BROADCASTERS OF ALABAMA TOGETHER TO CREATE AN ATMOSPHERE CONDUCIVE TO GROWING THE BROADCASTING PROFESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Alexander Board Member | Trustee | 1 | $0 |
Anne Dolan Board Member | Trustee | 1 | $0 |
Courtney French Board Member | Trustee | 1 | $0 |
Collin Gaston Board Member | Trustee | 1 | $0 |
Phil Hutcheson Board Member | Trustee | 1 | $0 |
Jama Killingsworth Board Member | Trustee | 1 | $0 |
Financial Statements
| 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 | $1,494,163 |
| Investment income | -$2,281 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,000 |
| 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 | $1,519,427 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $141,325 |
| Grants and other assistance to domestic individuals. | $42,187 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $348,719 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,481 |
| Pension plan accruals and contributions | $2,820 |
| Other employee benefits | $14,582 |
| Payroll taxes | $23,460 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,370 |
| Fees for services: Accounting | $15,600 |
| Fees for services: Lobbying | $74,122 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,512 |
| Information technology | $1,000 |
| Royalties | $0 |
| Occupancy | $27,020 |
| Travel | $3,164 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $180,595 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,079 |
| Insurance | $6,454 |
| All other expenses | $65,370 |
| Total functional expenses | $1,399,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $292,711 |
| Savings and temporary cash investments | $1,582,788 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $445,893 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,321,392 |
| Accounts payable and accrued expenses | $2,938 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,938 |
| Net assets without donor restrictions | $2,318,454 |
| 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 | $2,321,392 |
Grants Awarded
Over the last fiscal year, Alabama Broadcasters Association has awarded $12,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BROADCASTERS FOUNDATION OF AMERICA PURPOSE: CONTRIBUTION | $6,000 |
UNIVERSITY OF ALABAMA COLLEGE OF COMMUNICATION PURPOSE: CONTRIBUTION | $6,500 |