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Alabama Business Charitable Trust Fund Inc

  • Birmingham, AL
  • Tax-exempt since May 1992
  • EIN: 58-1984793

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$1.31M (2023)

Expenses
$1.67M (2023)

Total Assets
$34.4M (2023)

Total Liabilities
$69.2k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,305,268
Expenses
$1,667,567
Net Income
-$362,299
Net Assets
$34,349,974
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $728,327
55.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $576,941
44.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $113,454
6.8%
Professional Fundraising Fees $0
Other Salaries and Wages $142,097
8.5%
Assets/Debt
Total Assets $34,419,214
Total Liabilities $69,240
Net Assets $34,349,974
Compensation
Key Employees and Officers Compensation Related Other
Tan Grayson (Associate Director) $88,752 $0 $0
Staci Brooks (Executive Director) $12,176 $0 $0
Ruby Jackson (Secretary) $8,590 $0 $0
Wendy Hoomes (Treasurer) $3,936 $0 $0
John Stamps (President & Director) $0 $0 $0
Carlos Aleman (Vice President & Director) $0 $0 $0
Lisa Mccarroll (Director) $0 $0 $0
Richard Busby (Director) $0 $0 $0
J Leigh Davis (Director) $0 $0 $0
Jonathan K Porter (Director) $0 $0 $0
Clayton M Ryan (Director) $0 $0 $0
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Document Links

990
Filed on Nov. 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,151,306
Expenses
$1,670,812
Net Income
-$519,506
Net Assets
$30,562,503
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $586,503
50.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $564,803
49.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $107,987
6.5%
Professional Fundraising Fees $0
Other Salaries and Wages $103,567
6.2%
Assets/Debt
Total Assets $30,595,887
Total Liabilities $33,384
Net Assets $30,562,503
Compensation
Key Employees and Officers Compensation Related Other
Tan Grayson (Associate Director) $72,303 $0 $0
Sharon Luna (Assistant Secretary) $21,860 $0 $0
Desiree Carmichael (Secretary) $10,325 $0 $0
Wendy Hoomes (Treasurer) $3,499 $0 $0
Rick Swagler (President & Director) $0 $0 $0
Carlos Aleman (Director) $0 $0 $0
Kendra Key (Director) $0 $0 $0
John Stamps (Director) $0 $0 $0
J Jeffrey Peoples (Director) $0 $0 $0
Jonathan K Porter (Director) $0 $0 $0
Zeke W Smith (Executive Director & Director) $0 $0 $0
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Document Links

990
Filed on Sept. 13, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,513,534
Expenses
$1,154,298
Net Income
$2,359,236
Net Assets
$38,025,087
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $747,161
21.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,766,373
78.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $123,114
10.7%
Professional Fundraising Fees $0
Other Salaries and Wages $103,624
9.0%
Assets/Debt
Total Assets $38,052,210
Total Liabilities $27,123
Net Assets $38,025,087
Compensation
Key Employees and Officers Compensation Related Other
Tan Grayson (Associate Director) $74,457 $0 $0
Sharon Luna (Assistant Secretary) $20,366 $0 $0
Desiree Carmichael (Secretary) $17,029 $0 $0
Tequila Smith (Executive Director) $10,199 $0 $0
Wendy Hoomes (Treasurer) $1,063 $0 $0
Rick Swagler (President & Director) $0 $0 $0
Carlos Aleman (Director) $0 $0 $0
Kendra Key (Director) $0 $0 $0
John Stamps (Director) $0 $0 $0
J Jeffrey Peoples (Director) $0 $0 $0
Jonathan K Porter (Director) $0 $0 $0
Zeke W Smith (Director) $0 $0 $0
Isabel Rubio (Director) $0 $0 $0
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Document Links

990
Filed on Oct. 25, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,134,299
Expenses
$1,502,710
Net Income
-$368,411
Net Assets
$33,112,172
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $428,237
37.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $706,062
62.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $33,393
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $203,405
13.5%
Assets/Debt
Total Assets $33,140,504
Total Liabilities $28,332
Net Assets $33,112,172
Compensation
Key Employees and Officers Compensation Related Other
Desiree Carmichael (Secretary) $15,863 $0 $0
Myla Calhoun (Executive Director Until 08/28/20) $12,487 $0 $0
Tequila Smith (Executive Director From 09/07/20) $3,858 $0 $0
Wendy Hoomes (Treasurer) $1,185 $0 $0
Rick Swagler (President & Director From 05/04/20) $0 $0 $0
Dorothy Crosby (President & Director Until 05/04/20) $0 $0 $0
James E Rotch (Vp & Director Until 05/04/20) $0 $0 $0
Zeke A Smith (Director) $0 $0 $0
Isabel Rubio (Director) $0 $0 $0
John Stamps (Director From 05/04/20) $0 $0 $0
Jonathan K Porter (Director) $0 $0 $0
Kendra Key (Director From 05/04/20) $0 $0 $0
Jeffery Peoples (Director From 09/07/20) $0 $0 $0
Gregory Barker (Director Until 06/30/20) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,163,504
Expenses
$1,486,077
Net Income
-$322,573
Net Assets
$30,340,961
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $502,495
43.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $661,009
56.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $32,783
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $180,186
12.1%
Assets/Debt
Total Assets $30,362,384
Total Liabilities $21,423
Net Assets $30,340,961
Compensation
Key Employees and Officers Compensation Related Other
Myla Calhoun (Executive Director) $15,250 $0 $0
Kimberly L Jackson (Secretary Until 11/15/2019) $12,650 $0 $0
Wendy Hoomes (Treasurer) $3,008 $0 $0
Desiree Carmichael (Secretary As Of 11/16/2019) $1,875 $0 $0
Dorothy Crosby (President & Director) $0 $0 $0
James E Rotch (Vice President & Director) $0 $0 $0
Zeke A Smith (Director) $0 $0 $0
Isabel Rubio (Director) $0 $0 $0
Rick Swagler (Director) $0 $0 $0
Jonathan K Porter (Director) $0 $0 $0
Gregory Barker (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,420,618
Expenses
$1,456,545
Net Income
$964,073
Net Assets
$26,362,879
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $540,027
22.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,880,591
77.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $27,276
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $142,019
9.8%
Assets/Debt
Total Assets $26,378,025
Total Liabilities $15,146
Net Assets $26,362,879

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,666,260
Expenses
$1,522,007
Net Income
$144,253
Net Assets
$29,273,820
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $588,750
35.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,077,510
64.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $29,289,589
Total Liabilities $15,769
Net Assets $29,273,820

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$910,294
Expenses
$1,524,629
Net Income
-$614,335
Net Assets
$26,071,002
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $458,095
50.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $452,199
49.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,093,054
Total Liabilities $22,052
Net Assets $26,071,002

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,706,214
Expenses
$1,391,764
Net Income
$314,450
Net Assets
$25,804,566
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $530,498
31.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,175,716
68.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $25,814,161
Total Liabilities $9,595
Net Assets $25,804,566

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,518,029
Expenses
$1,360,873
Net Income
$2,157,156
Net Assets
$26,855,725
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,334,182
37.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,183,847
62.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,867,032
Total Liabilities $11,307
Net Assets $26,855,725

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,239,869
Expenses
$1,196,559
Net Income
$1,043,310
Net Assets
$26,161,269
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,136,529
50.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,103,340
49.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,180,748
Total Liabilities $19,479
Net Assets $26,161,269

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,849,436
Expenses
$1,164,490
Net Income
$684,946
Net Assets
$22,043,534
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $533,570
28.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,315,866
71.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $86,308
7.4%
Professional Fundraising Fees $0
Other Salaries and Wages $21,409
1.8%
Assets/Debt
Total Assets $22,051,594
Total Liabilities $8,060
Net Assets $22,043,534

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,839,083
Expenses
$1,175,487
Net Income
$1,663,596
Net Assets
$20,609,724
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $431,603
15.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,407,480
84.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $40,984
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $55,397
4.7%
Assets/Debt
Total Assets $20,617,973
Total Liabilities $8,249
Net Assets $20,609,724

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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