American Independent Business Alliance
- Assets
- $20.9k
- Revenue
- $61.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Wayland Ma, MA
- Founding
- 08/2010
- Data as of
- 12/2023
- EIN
- 84-1602447
Organization Overview
American Independent Business Alliance is located in Wayland Ma, MA. The organization was established in 2010. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Independent Business Alliance is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, American Independent Business Alliance generated $61.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (30.5%) each year. All expenses for the organization totaled $78.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (29.3%) per year over the past 5 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
AMIBA STRENGTHENS INDEPENDENT BUSINESSES,EMPOWERS RESIDENTS, AND REFOCUSES GOVERNMENT TO BUILD BETTER LOCAL BUSINESS, MORE INCLUSIVE, THRIVING LOCAL ECONOMIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT TO AFFILIATE MEMBERS THAT OFFER EDUCATION AND TOOLS FOR THE GROWTH AND DEVELOPMENT OF INDEPENDENT BUSINESS ALLIANCES.AMIBA ADVISES INDEPENDENT BUSINESS ALLIANCES, COMMUNITY NONPROFITS, AND GOVERNMENT AGENCIES ON HOW TO STRENGTHEN THEIR COMMUNITIES AND LOCAL ECONOMIES. AMIBA PROVIDES EDUCATIONAL OPPORTUNITIES THROUGH WORKSHOPS, CONFERENCES, CONSULTING, AND PEER- TO-PEER CONNECTIONS.AMIBA LEVERAGES A DATABASE/CRM SYSTEM FOR AMIBA AFFILIATES AND A ROBUST WEBSITE THAT ASSISTS THEM WITH COMMUNICATION, MEMBERSHIP GROWTH, WEBSITE MANAGEMENT, AND PROGRAM PRODUCTION AND EVALUATION.
BUILDING VITAL AND INCLUSIVE COMMUNITIES AND STRONG LOCAL ECONOMIESSTAFF ENGAGE IN PUBLIC EDUCATION VIA OUR WEBSITE, MEDIA APPEARANCES, SOCIAL MEDIA AND THE DISTRIBUTION OF EDUCATIONAL MATERIALS THAT PROMOTE THE IMPORTANCE OF LOCAL ECONOMIES.WE CONTINUE PROVIDING COMMUNITY PRESENTATIONS AND WORKSHOPS TO HELP SUPPORT LOCAL ORGANIZING , PUBLIC EDUCATION, ORGANIZATIONAL DEVELOPMENT, AND STRATEGIC PLANNING. THESE ARE VITAL LAUNCH PADS FOR COMMUNITY PRO-LOCAL ORGANIZING AND INDEPENDENT BUSINESS ALLIANCE DEVELOPMENT. OUR CONTINUED NETWORKING INCLUDES WORKING WITH A VARIETY OF COMMUNITY-BASED GROUPS IN 36 US STATES AND COMMUNITIES OF ALL SIZES. AMIBA SUCCESSFULLY SHARES DYNAMIC IDEAS, BEST PRACTICES, AND OFFERS INITIATIVES AND PROGRAMS THAT MAKE A MAJOR IMPACT ON LOCAL ECONOMIES EVERYWHERE. IT IS AN AMIBA CORE VALUE THAT THE ONLY WAY TO BUILD STRONG LOCAL ECONOMIES IS TO ENSURE THAT THEY ARE DIVERSE, EQUITABLE, AND INCLUSIVE. WE OFFER WORKSHOPS AND PROGRAMS TO COMMUNITIES IN MANY REGIONS OF THE US THAT FOCUS ON BUILDING DIVERSITY IN OUR MOVEMENT AND FOCUSING ON CREATING A MORE JUST AND FAIR ECONOMY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laury Hammel President | OfficerTrustee | 4 | $0 |
Derek Peebles Treasurer | OfficerTrustee | 4 | $0 |
Tom Lowenburg Board Member | Trustee | 1 | $0 |
Kathleen Roark Board Member | Trustee | 1 | $0 |
Karen Spiller Board Member | Trustee | 1 | $0 |
Theodora Skeadas Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,428 |
| Fundraising events | $10,188 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,051 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,667 |
| Total Program Service Revenue | $10,450 |
| Investment income | $0 |
| 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 | $61,117 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,450 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,270 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $530 |
| Office expenses | $4,720 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $400 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $77,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $357 |
| Savings and temporary cash investments | $31 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $483 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,000 |
| Total assets | $20,871 |
| Accounts payable and accrued expenses | $0 |
| 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 | $3,649 |
| Other liabilities | $0 |
| Total liabilities | $3,649 |
| Net assets without donor restrictions | -$139,911 |
| Net assets with donor restrictions | $157,133 |
| 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 | $20,871 |
Grants Awarded
Over the last fiscal year, American Independent Business Alliance has awarded $138,750 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SIMBA PURPOSE: ORG EXPENSES | $91,250 |
LEGACY LEARNERS PURPOSE: ORG EXPENSES | $47,500 |