Trace Crossings Business Association
- Assets
- $153.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pelham, AL
- Founding
- 02/1989
- Data as of
- 12/2021
- EIN
- 63-0955979
Organization Overview
Trace Crossings Business Association is located in Pelham, AL. The organization was established in 1989. 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. Trace Crossings Business Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Trace Crossings Business Association generated $161.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $132.4k during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
COMMUNITY MAINTENANCE FOR MEMBERS OF THE ASSOCIATION, CONSISTING OF GROUND MAINTENANCE AND OTHER SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William L Silver President | 2 | $0 | |
Jamie Cowden Vice President | 2 | $0 | |
Erin Sapp Secretary/treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $161,436 |
| Investment income | $71 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $161,507 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,941 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $123,496 |
| Total expenses | $132,437 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,949 |
| Other assets | $0 |
| Total assets | $153,672 |
| Total liabilities | $0 |
| Net assets or fund balances | $153,672 |
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