Skip to content
Nonprofiteer
← ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES

Form 990 for tax year 2023

Filed by ALABAMA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES.

Totals

Total revenue
$591,013
Total expenses
$536,415
Contributions and grants received
$514,075
Grants paid
$80,600
Program service revenue
$0
Investment income
$76,938
Other revenue
$0
Total assets, end of year
$734,060
Total liabilities, end of year
$32,894
Net assets or fund balances, end of year
$701,166
Program services expenses (Part IX)
$441,797
Management and general expenses
$42,749
Fundraising expenses
$51,869
Program service expenses (Part III)
$441,797

Program services were 82.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $416,303

  • 1e · Government grants (contributions)

    $15,000

  • 1f · All other contributions, gifts and grants

    $82,772

  • 3 · Investment income

    total $67,655 · related or exempt $67,655

  • 7a · Gross sales of assets other than inventory

    securities $48,640

  • 7b · Less cost or other basis and sales expenses

    securities $39,357

  • 7c · Gain or loss

    securities $9,283

  • 7d · Net gain or loss

    total $9,283 · related or exempt $9,283

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $80,600 · program services $80,600

  • 5 · Compensation of officers, directors and key employees

    total $180,748 · program services $153,636 · management and general $9,037 · fundraising $18,075

  • 7 · Other salaries and wages

    total $100,100 · program services $70,070 · management and general $10,010 · fundraising $20,020

  • 8 · Pension plan contributions

    total $28,075 · program services $22,460 · management and general $2,246 · fundraising $3,369

  • 9 · Other employee benefits

    total $5,516 · program services $4,413 · management and general $441 · fundraising $662

  • 10 · Payroll taxes

    total $20,445 · program services $16,356 · management and general $1,636 · fundraising $2,453

  • 11c · Fees: accounting

    total $15,075 · program services $7,537 · management and general $7,538

  • 11f · Fees: investment management

    total $6,101 · program services $3,050 · management and general $3,051

  • 11g · Fees: other

    total $39,727 · program services $39,727

  • 13 · Office expenses

    total $3,240 · program services $2,592 · management and general $259 · fundraising $389

  • 14 · Information technology

    total $2,263 · program services $453 · management and general $1,584 · fundraising $226

  • 16 · Occupancy

    total $10,800 · program services $8,640 · management and general $864 · fundraising $1,296

  • 17 · Travel

    total $9,797 · program services $9,797

  • 19 · Conferences, conventions and meetings

    total $6,018 · program services $6,018

  • 22 · Depreciation, depletion and amortization

    total $2,058 · program services $1,646 · management and general $165 · fundraising $247

  • 23 · Insurance

    total $3,503 · program services $1,669 · management and general $1,414 · fundraising $420

  • 24a · Other expenses: AUTO EXPENSE

    total $16,352 · program services $8,176 · management and general $4,088 · fundraising $4,088

  • 24b · Other expenses: UTILITIES

    total $4,884 · program services $3,907 · management and general $391 · fundraising $586

  • 24c · Other expenses: BOOKS/NEWSLETTER

    total $433 · program services $433

  • 24d · Other expenses: MEMBER GIFTS

    total $365 · program services $365

  • 24e · All other expenses

    total $315 · program services $252 · management and general $25 · fundraising $38

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $272,509 · end of year $229,108

  • 4 · Accounts receivable

    beginning of year $51,357 · end of year $73,431

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,642 · end of year $19,289

  • 10a · Land, buildings and equipment: cost or other basis

    $20,008

  • 10b · Land, buildings and equipment: accumulated depreciation

    $19,821

  • 10c · Land, buildings and equipment, net

    beginning of year $425 · end of year $187

  • 12 · Investments: other securities

    beginning of year $327,781 · end of year $394,282

  • 14 · Intangible assets

    beginning of year $6,370 · end of year $4,550

  • 15 · Other assets

    beginning of year $0 · end of year $13,213

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,830 · end of year $17,506

  • 25 · Other liabilities

    beginning of year $9,686 · end of year $15,388

  • 27 · Net assets without donor restrictions

    beginning of year $646,568 · end of year $701,166

Mission and programs · 2023

Mission

TO BUILD SUPPORT FOR ALABAMA'S INDEPENDENT COLLEGES AND UNIVERSITIES AND PROMOTE A GREATER APPRECIATION OF INDEPENDENT HIGHER EDUCATION AND ITS IMPORTANCE TO THE EDUCATIONAL, CULTURAL AND ECONOMIC NEEDS OF ALABAMA.

  • COLLEGE MEMBERSHIPS- ELIGIBLE PRIVATE COLLEGES MAY APPLY FOR MEMBERSHIPS WITH THE ASSOCIATION, AND THE ASSOCIATION THEN SOLICITS CONTRIBUTIONS FROM BUSINESSES AND DISTRIBUTES THESE CONTRIBUTIONS TO MEMBER COLLEGES AND UNIVERSITIES AS SCHOLARSHIPS.

    Expenses $80,600 · Grants $80,600 · Revenue $79,709

  • EXPENSES INCURRED FOR THE ASSOCIATION'S EXEMPT PURPOSE OF INCREASING INTEREST IN AND SUPPORT FOR INDEPENDENT COLLEGES AND UNIVERSITIES IN THE STATE OF ALABAMA.

    Expenses $361,197 · Revenue $434,366

As filed on the 2023 return.

Listed in Part VII

  • Dr Michael C Turner

    ACADEMIC BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Mitch Henry

    ACADEMIC BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Anthony Leigh

    ACADEMIC BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Bobbie Knight

    ACADEMIC BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Leslie Pollard

    ACADEMIC BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Beck Taylor

    ACADEMIC BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Mary H Van Brunt

    ACADEMIC BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Yolanda Page

    ACADEMIC BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Walter M Kimbrough

    ACADEMIC BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Mark Brown

    ACADEMIC BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Steve Condon

    ACADEMIC BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Charles Smith Jr

    ACADEMIC BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Mr Dave Borden

    BUSINESS BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Mr Mark Colson

    BUSINESS BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Mr Mike Dunn

    BUSINESS BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Mr Harrell Freeman

    BUSINESS BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Mr Miller Kreider

    BUSINESS BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • General Paul Hankins

    EXECUTIVE DIRECTOR

    Total calculated
    $208,823
    From this org
    $180,748
    From related orgs
    $0
    Other
    $28,075
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $180,748
    Bonus
    $0
    Other
    $0
    Deferred
    $28,075
    Nontaxable benefits
    $0
    Filer's total
    $208,823

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202541359349304099

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.