Totals
- Total revenue
- $2,482,068
- Total expenses
- $3,190,843
- Contributions and grants received
- $1,747,399
- Grants paid
- $0
- Program service revenue
- $697,154
- Investment income
- $38,656
- Other revenue
- -$1,141
- Total assets, end of year
- $4,730,657
- Total liabilities, end of year
- $1,328,074
- Net assets or fund balances, end of year
- $3,402,583
- Program services expenses (Part IX)
- $2,779,494
- Management and general expenses
- $276,848
- Fundraising expenses
- $134,501
- Program service expenses (Part III)
- $2,779,494
Program services were 87.1% 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.
-
1e · Government grants (contributions)
$164,266
-
1f · All other contributions, gifts and grants
$1,583,133
-
2a · Program service revenue: FEES FOR SERVICES
total $597,500 · related or exempt $597,500
-
2b · Program service revenue: PROGRAM INCOME
total $99,654 · related or exempt $99,654
-
3 · Investment income
total $39,686 · excluded $39,686
-
6a · Gross rents
real property $267,334
-
6b · Less rental expenses
real property $286,235
-
6c · Rental income or loss
real property -$18,901
-
6d · Net rental income or loss
total -$18,901 · related or exempt -$18,901
-
7b · Less cost or other basis and sales expenses
securities $1,030
-
7c · Gain or loss
securities -$1,030
-
7d · Net gain or loss
total -$1,030 · excluded -$1,030
-
11a · Other revenue: OTHER INCOME
total $17,760 · related or exempt $17,760
-
11e · Other revenue, total
$17,760
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $305,964 · program services $250,891 · management and general $30,595 · fundraising $24,478
-
7 · Other salaries and wages
total $1,255,112 · program services $1,029,191 · management and general $125,513 · fundraising $100,408
-
11b · Fees: legal
total $7,437 · program services $5,652 · management and general $1,636 · fundraising $149
-
11c · Fees: accounting
total $67,644 · program services $51,409 · management and general $14,882 · fundraising $1,353
-
11f · Fees: investment management
total $50,548 · management and general $50,548
-
11g · Fees: other
total $181,323 · program services $137,805 · management and general $39,891 · fundraising $3,627
-
12 · Advertising and promotion
total $25,688 · program services $25,688
-
16 · Occupancy
total $61,352 · program services $61,352
-
19 · Conferences, conventions and meetings
total $40,534 · program services $27,968 · management and general $8,918 · fundraising $3,648
-
22 · Depreciation, depletion and amortization
total $5,632 · program services $5,632
-
23 · Insurance
total $10,346 · program services $8,794 · management and general $1,552
-
24a · Other expenses: PROGRAM EXPENSES & SUPP
total $1,117,647 · program services $1,117,647
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $42,616 · program services $40,485 · management and general $2,131
-
24c · Other expenses: TELEPHONE
total $14,755 · program services $14,165 · management and general $590
-
24d · Other expenses: PERMITS
total $1,600 · program services $1,072 · management and general $528
-
24e · All other expenses
total $2,645 · program services $1,743 · management and general $64 · fundraising $838
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,220,586 · end of year $1,524,822
-
2 · Savings and temporary cash investments
beginning of year $149,751 · end of year $149,769
-
3 · Pledges and grants receivable
beginning of year $101,911 · end of year $53,633
-
4 · Accounts receivable
beginning of year $42,771 · end of year $20,347
-
10a · Land, buildings and equipment: cost or other basis
$3,143,760
-
10b · Land, buildings and equipment: accumulated depreciation
$999,469
-
10c · Land, buildings and equipment, net
beginning of year $2,169,087 · end of year $2,144,291
-
11 · Investments: publicly traded securities
beginning of year $796,361 · end of year $834,753
-
15 · Other assets
beginning of year $7,330 · end of year $3,042
-
17 · Accounts payable and accrued expenses
beginning of year $26,967 · end of year $67,680
-
23 · Secured mortgages and notes payable
beginning of year $1,342,142 · end of year $1,257,352
-
25 · Other liabilities
beginning of year $7,330 · end of year $3,042
-
27 · Net assets without donor restrictions
beginning of year $1,989,630 · end of year $1,888,243
-
28 · Net assets with donor restrictions
beginning of year $2,121,728 · end of year $1,514,340
Mission and programs · 2024
Mission
REV BIRMINGHAM (REV) CREATES VIBRANT COMMERCIAL DISTRICTS.
-
REV BIRMINGHAM (REV) CREATES VIBRANT COMMERCIAL DISTRICTS. THE ORGANIZATION IS AN ECONOMIC DEVELOPMENT ORGANIZATION THAT STIMULATES BUSINESS GROWTH AND IMPROVES QUALITY OF LIFE IN BIRMINGHAM'S CITY CENTER AND ITS NEIGHBORHOOD COMMERCIAL CENTERS.
Expenses $2,779,494 · Revenue $696,013
As filed on the 2024 return.
Listed in Part VII
-
Carlos AlemanCARLOS ALEMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Reynolds AndersonREYNOLDS ANDERSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Melodi AndersonMELODI ANDERSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Keith BarfieldKEITH BARFIELD
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Stacey BerthonSTACEY BERTHON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Beau BevisBEAU BEVIS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Theresa BallTHERESA BALL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
T Michael BrownT MICHAEL BROWN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chappell CovingtonCHAPPELL COVINGTON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Zebbie CarneyZEBBIE CARNEY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Anil ChadhaANIL CHADHA
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Steve ClikasSTEVE CLIKAS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Genevieve DouglassGENEVIEVE DOUGLASS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David DadaDAVID DADA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kyle D'AgostinoKYLE D'AGOSTINO
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ashley FosterASHLEY FOSTER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth GoodrichELIZABETH GOODRICH
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Grace HarrelsonGRACE HARRELSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brian Hart HoffmanBRIAN HART HOFFMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shia HendricksSHIA HENDRICKS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly JacksonKIMBERLY JACKSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Nathan KennedyNATHAN KENNEDY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Libby LassiterLIBBY LASSITER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Wes LeeWES LEE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Philip McDonaldPHILIP MCDONALD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Roman GaryROMAN GARY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Wes MindingallWES MINDINGALL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Randall MinorRANDALL MINOR
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Vanable H Moody IIVANABLE H MOODY II
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brittney SmithBRITTNEY SMITH
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Staci PierceSTACI PIERCE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Zac RiddleZAC RIDDLE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Reggie TorborREGGIE TORBOR
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ethan SummersETHAN SUMMERS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lawrence WhatleyLAWRENCE WHATLEY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Emily WykleEMILY WYKLE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Barbaree-TaskerELIZABETH BARBAREE-TASKER
CHIEF OF OPERATIONS AND FI
- Total calculated
- $155,543
- From this org
- $137,357
- From related orgs
- $0
- Other
- $18,186
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $137,357
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $18,186 related
- Filer's total
- $137,357 + $18,186 related
-
David FlemingDAVID FLEMING
CHIEF EXECUTIVE OFFICER
- Total calculated
- $188,043
- From this org
- $168,607
- From related orgs
- $0
- Other
- $19,436
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $168,607
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $19,436 related
- Filer's total
- $168,607 + $19,436 related
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 · Compensation committee
- 3 · Compensation survey or study
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
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
MSB-WU PROPERTIES LLC
TO PROMOTE ENTREPRENEURSHIP THROUGH RETAIL AND OFFICE SPACE IN BIRMINGHAM · AL · income $8,649 · assets $1,009,305
Directly controlled by REV BIRMINGHAM INC
-
MSB PROPERTIES LLC
TO PROMOTE ENTREPRENEURSHIP THROUGH RETAIL AND OFFICE SPACE IN BIRMINGHAM · AL · income -$47,839 · assets $1,425,392
Directly controlled by REV BIRMINGHAM INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543219349312229
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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