Totals
- Total revenue
- $373,818
- Total expenses
- $474,801
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $373,818
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $81,998
- Total liabilities, end of year
- $11,240
- Net assets or fund balances, end of year
- $70,758
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
2a · Program service revenue: MEMBERSHIP DUES
total $373,818 · related or exempt $373,818
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $58,654
-
10 · Payroll taxes
total $4,750
-
11a · Fees: management
total $120,000
-
11c · Fees: accounting
total $2,276
-
11g · Fees: other
total $132,000
-
12 · Advertising and promotion
total $40,354
-
13 · Office expenses
total $1,292
-
14 · Information technology
total $4,658
-
17 · Travel
total $5,826
-
19 · Conferences, conventions and meetings
total $99,489
-
22 · Depreciation, depletion and amortization
total $5,002
-
23 · Insurance
total $500
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $171,741 · end of year $81,998
-
10a · Land, buildings and equipment: cost or other basis
$13,108
-
10b · Land, buildings and equipment: accumulated depreciation
$13,108
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
end of year $11,240
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $171,741 · end of year $70,758
Mission and programs · 2025
Mission
PROMOTE RELIABLE, AFFORDABLE AND CLEAN ENERGY TO HELP GROW OUR ECONOMY, CREATE HIGH-PAYING JOBS, AND BUILD PUBLIC SUPPORT FOR ALABAMA'S ENERGY INDUSTRY.
Activities or mission (Part I)
THE PURPOSE OF THE INSTITUTE IS TO ENGAGE IN ECONOMIC DEVELOPMENT ACTIVITIES THROUGHOUT THE STATE OF ALABAMA THAT INURE TO THE BENEFIT OF ITS MEMBERS BY ENCOURAGING THE USE OF THE PRODUCTS AND SERVICES OF THE ENERGY INDUSTRY AS A WHOLE, INCLUDING FORMULATING, COMMUNICATING, AND ADVOCATING POLICIES THAT IMPROVE BUSINESS OPPORTUNITIES IN THE STATE OF ALABAMA.
-
MEETINGS AND PRESENTATIONS WERE CONDUCTED TO EDUCATE LEGISLATORS AND THE PUBLIC REGARDING THE BENEFITS OF AFFORDABLE, RELIABLE, AND CLEAN ENERGY FOR ALABAMA CITIZENS.
As filed on the 2025 return.
Listed in Part VII
-
Jonathan HandJONATHAN HAND
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Fred Clark JrFRED CLARK JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Karl RaybornKARL RAYBORN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Taylor WilliamsTAYLOR WILLIAMS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Lauren PeltoLAUREN PELTO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Preston CauthenPRESTON CAUTHEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Clay ScofieldCLAY SCOFIELD
PRESIDENT & CEO
- Total calculated
- $58,654
- From this org
- $58,654
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 2 July 2026
- IRS schema version
- 2025v4.2
- Source object
- 202631879349301418
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