A M B A Inc
- Assets
- $25.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pelham, AL
- Founding
- 06/2004
- Data as of
- 12/2021
- EIN
- 63-1112017
Organization Overview
A M B A Inc is located in Pelham, AL. The organization was established in 2004. 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. A M B A 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 12/2021, A M B A Inc generated $74.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $69.0k 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
TO PROMOTE THE COMMON BUSINESS INTEREST OF THOSE ENGAGED IN THE MORTGAGE BROKERAGE INDUSTRY AS WELL AS PROVIDING A FORUM FOR THE EFFECTIVE EXCHANGE OF MORTGAGE BROKERAGE KNOWLEDGE, TRENDS, IDEAS, AND INNOVATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Kirkland Executive Director | 40 | $37,717 | |
Kurt Mclaughlin Ethics/grievance | 3 | $0 | |
Vicky Stringer Membership/hospitality | 3 | $0 | |
Shannon Tyndall Conlee Secretary | 3 | $0 | |
Winston Ausmer Treasurer | 10 | $0 | |
Helga James Past President/nominating | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $29,542 |
| Membership dues | $20,064 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $24,771 |
| Total Revenue | $74,378 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,717 |
| Professional fees and other payments to independent contractors | $1,650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,595 |
| Total expenses | $68,962 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,075 |
| Other assets | $0 |
| Total assets | $25,075 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,075 |
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