Alabama Multifamily Loan Consortium

Birmingham, AL
Tax-exempt since Dec. 1998
EIN: 72-1372670

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Public, Society Benefit — Multipurpose and Other / Financial Institutions, Services (Non-Government Related) (NTEE)

Donations to this organization are tax deductible.

Revenue

$545k (2023)

Expenses

$519k (2023)

Total Assets

$41.7M (2023)

Total Liabilities

$40.3M (2023)

Years with multiple filings

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

Revenue

$544,559

Expenses

$518,834

Net Income

$25,725

Net Assets

$1,386,226

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$544,590	> 100%
Investment Income	$5	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$765
Net Inventory Sales	$0
Other Revenue	$729	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$243,688	47.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$90,046	17.4%

Assets/Debt
Total Assets	$41,734,765
Total Liabilities	$40,348,539
Net Assets	$1,386,226

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott Miller (Executive Director)	$229,963	$0	$14,102
Gene Crane (Director)	$0	$0	$0
Greg Davis (Director)	$0	$0	$0
Greg Gontarski (Director)	$0	$0	$0
Lyndsay Job (Director)	$0	$0	$0
Robert Mullins (Director)	$0	$0	$0
Malania Nesbitt (Director)	$0	$0	$0
Rodger Selph (Director)	$0	$0	$0
Jamie Vafeas (Director)	$0	$0	$0
Scott Latham (Executive Committee)	$0	$0	$0
Chris Latta (Executive Committee)	$0	$0	$0
Joe May (Executive Committee)	$0	$0	$0
Robert Strickland (Executive Committee)	$0	$0	$0
Mike Ross (Chair)	$0	$0	$0

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990

Filed on Nov. 15, 2024

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

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$260,175

Expenses

$430,921

Net Income

-$170,746

Net Assets

$542,470

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$241,221	92.7%
Investment Income	$3,033	1.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$7,125	2.7%
Net Inventory Sales	$0
Other Revenue	$8,796	3.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$277,162	64.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$50,939,765
Total Liabilities	$50,397,295
Net Assets	$542,470

Compensation

Key Employees and Officers	Compensation	Related	Other
Greg Davis (Director)	$0	$0	$0
Rick Dunn (Director)	$0	$0	$0
Greg Gontarski (Director)	$0	$0	$0
Chad Lowe (Director)	$0	$0	$0
Robert Mullins (Director)	$0	$0	$0
Malania Nesbitt (Director)	$0	$0	$0
Jack Swift (Director)	$0	$0	$0
Jamie Vafeas (Director)	$0	$0	$0
Scott Latham (Executive Committee)	$0	$0	$0
Chris Latta (Executive Committee)	$0	$0	$0
Joe May (Executive Committee)	$0	$0	$0
Robert Strickland (Executive Committee)	$0	$0	$0
Hope Johnson (Chair)	$0	$0	$0
Scott Miller (Executive Director)	$0	$0	$0

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990

Filed on Nov. 8, 2023

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

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Fiscal Year Ending Dec.
2021

Revenue

$316,680

Expenses

$315,753

Net Income

$927

Net Assets

$713,216

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$23,384	7.4%
Program Services	$289,210	91.3%
Investment Income	$4,282	1.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$563
Net Inventory Sales	$0
Other Revenue	$367	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$199,160	63.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$54,767,808
Total Liabilities	$54,054,592
Net Assets	$713,216

Compensation

Key Employees and Officers	Compensation	Related	Other
Charlie Breedlove (Director)	$0	$0	$0
Mark Bridges (Director)	$0	$0	$0
Greg Davis (Director)	$0	$0	$0
Rick Dunn (Director)	$0	$0	$0
Greg Gontarski (Director)	$0	$0	$0
Scott Latham (Director)	$0	$0	$0
Joe May (Director)	$0	$0	$0
Robert Mullins (Director)	$0	$0	$0
Steve Smith (Director)	$0	$0	$0
Robert Strickland (Director)	$0	$0	$0
Jack Swift (Director)	$0	$0	$0
Jamie Vafeas (Director)	$0	$0	$0
Charlie Williams (President)	$0	$0	$0
George Hendricks (Vice President)	$0	$0	$0
Chris Latta (Treasurer)	$0	$0	$0
Kelly Wilson (Secretary)	$0	$0	$0
Scott Miller (Executive Director)	$0	$0	$0

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990

Filed on Nov. 15, 2022

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

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XML

Fiscal Year Ending Dec.
2020

Revenue

$276,778

Expenses

$297,512

Net Income

-$20,734

Net Assets

$712,289

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$20,000	7.2%
Program Services	$236,511	85.5%
Investment Income	$20,267	7.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$193,155	64.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$57,569,461
Total Liabilities	$56,857,172
Net Assets	$712,289

Compensation

Key Employees and Officers	Compensation	Related	Other
Charlie Breedlove (Director)	$0	$0	$0
Mark Bridges (Director)	$0	$0	$0
Greg Davis (Director)	$0	$0	$0
Rick Dunn (Director)	$0	$0	$0
Scott Latham (Director)	$0	$0	$0
Jack Lovelady (Director)	$0	$0	$0
Joe May (Director)	$0	$0	$0
Robert Mullins (Director)	$0	$0	$0
George Noonan (Director)	$0	$0	$0
Robert Strickland (Director)	$0	$0	$0
Jimmy Stubbs (Director)	$0	$0	$0
Jack Swift (Director)	$0	$0	$0
Charlie Williams (President)	$0	$0	$0
George Hendricks (Vice President)	$0	$0	$0
Chris Latta (Treasurer)	$0	$0	$0
Kelly Wilson (Secretary)	$0	$0	$0
Scott Miller (Executive Director)	$0	$0	$0

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990

Filed on May 20, 2022

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

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XML

Fiscal Year Ending Dec.
2019

Revenue

$265,513

Expenses

$286,840

Net Income

-$21,327

Net Assets

$733,023

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$233,451	87.9%
Investment Income	$24,334	9.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$7,728	2.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$185,319	64.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$58,662,828
Total Liabilities	$57,929,805
Net Assets	$733,023

990

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

PDF

Fiscal Year Ending Dec.
2018

Revenue

$362,937

Expenses

$376,512

Net Income

-$13,575

Net Assets

$754,350

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$333,043	91.8%
Investment Income	$29,324	8.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$570	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$223,606	59.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$60,913,840
Total Liabilities	$60,159,490
Net Assets	$754,350

990

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

PDF

Fiscal Year Ending Dec.
2017

Revenue

$264,118

Expenses

$319,692

Net Income

-$55,574

Net Assets

$767,925

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$251,114	95.1%
Investment Income	$13,004	4.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$195,290	61.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$61,781,650
Total Liabilities	$61,013,725
Net Assets	$767,925

990

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

PDF

Fiscal Year Ending Dec.
2016

Revenue

$290,237

Expenses

$265,558

Net Income

$24,679

Net Assets

$823,499

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$260,678	89.8%
Investment Income	$12,028	4.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$17,531	6.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$186,814	70.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$61,758,131
Total Liabilities	$60,934,632
Net Assets	$823,499

990

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

PDF

Fiscal Year Ending Dec.
2015

Revenue

$248,713

Expenses

$259,042

Net Income

-$10,329

Net Assets

$798,820

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$242,072	97.3%
Investment Income	$6,336	2.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$305	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$180,542	69.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$64,344,044
Total Liabilities	$63,545,224
Net Assets	$798,820

Compensation

Key Employees and Officers	Compensation	Related	Other
Bill Tilly (Exec. Director, Secretary)	$165,273	$0	$15,269
Jimmy Collins (Director)	$0	$0	$0
Caryn Hughes (Director)	$0	$0	$0
Alvis Storey (Director)	$0	$0	$0
Catesby Jones (Director)	$0	$0	$0
Jim Clayton (Director)	$0	$0	$0
Danny Ray (Director)	$0	$0	$0
Grady Bedwell (Director)	$0	$0	$0
Chad Jones (Director)	$0	$0	$0
Scott Latham (Director)	$0	$0	$0
Robert Strickland (Director)	$0	$0	$0
Jimmy Ramage (Director)	$0	$0	$0
Randy Little (Director)	$0	$0	$0
Scott James (President)	$0	$0	$0
Kelly Jones (Vice President)	$0	$0	$0
Gene Crane (Treasurer)	$0	$0	$0

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990

Filed on Sept. 15, 2016

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

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Fiscal Year Ending Dec.
2014

Revenue

$327,516

Expenses

$247,495

Net Income

$80,021

Net Assets

$809,149

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$276,004	84.3%
Investment Income	$6,844	2.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$44,668	13.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$175,950	71.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$64,384,512
Total Liabilities	$63,575,363
Net Assets	$809,149

990

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

PDF

Fiscal Year Ending Dec.
2013

Revenue

$131,868

Expenses

$108,989

Net Income

$22,879

Net Assets

$729,128

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$127,165	96.4%
Investment Income	$3,832	2.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$871	0.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$74,359	68.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$67,470,424
Total Liabilities	$66,741,296
Net Assets	$729,128

990

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

PDF

Fiscal Year Ending June
2013

Revenue

$271,541

Expenses

$240,448

Net Income

$31,093

Net Assets

$706,249

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$260,256	95.8%
Investment Income	$10,551	3.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$734	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$169,329	70.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$63,179,569
Total Liabilities	$62,473,320
Net Assets	$706,249

990

Filed on Dec. 23, 2013

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

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Fiscal Year Ending June
2012

Revenue

$260,460

Expenses

$229,180

Net Income

$31,280

Net Assets

$675,156

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$252,198	96.8%
Investment Income	$8,262	3.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$163,698	71.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$64,329,420
Total Liabilities	$63,654,264
Net Assets	$675,156

990

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

PDF

Fiscal Year Ending June
2011

Revenue

$275,816

Expenses

$220,572

Net Income

$55,244

Net Assets

$643,876

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$263,759	95.6%
Investment Income	$12,057	4.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$161,903	73.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$65,500,453
Total Liabilities	$64,856,577
Net Assets	$643,876

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 »

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Raw filing data. Includes EINs and summary financials as structured data.
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Updated December 20, 2024

Alabama Multifamily Loan Consortium

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $545k (2023)

Expenses $519k (2023)

Total Assets $41.7M (2023)

Total Liabilities $40.3M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2011

Revenue

$545k (2023)

Expenses

$519k (2023)

Total Assets

$41.7M (2023)

Total Liabilities

$40.3M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002