- Revenue 2024
- $50,070
- Expenses 2024
- $123,106
Program services were 97.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S41Z
- Classification
- 1200
- Street
- 505 20TH ST N STE 200
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Nick Willis
Director
- Total calculated
- $0
- Hours/week
- 0.1 + 1 related
-
Gregory S Curran
Director
- Total calculated
- $0
- Hours/week
- 0.1 + 1 related
-
Joe Hampton
Director, Chairperson
- Total calculated
- $0
- Hours/week
- 0.1 + 1 related
-
Bingham D Edwards Jr
Vice President & Secretary
- Total calculated
- $0
- Hours/week
- 0.1 + 1 related
-
Steve Ammons
President & CEO
- Total calculated
- $347,141
- From this org
- $0
- From related orgs
- $316,080
- Other
- $31,061
- Hours/week
- 0.1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $316,080 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $15,956 related
- Nontaxable benefits
- $0 + $15,105 related
- Filer's total
- $0 + $347,141 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 — 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $50,070
- Expenses
- $123,106
- Contributions
- $46,987
- Grants paid
- $4,800
-
2023
- Revenue
- $587,274
- Expenses
- $484,353
- Contributions
- $587,274
- Grants paid
- $460,602
-
2022
- Revenue
- $4,572,216
- Expenses
- $4,106,583
- Contributions
- $4,567,397
- Grants paid
- $2,130,538
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Grants made
-
$1,000,000
2022 The Foundation provided a grant to Birmingham Promise for expenses incurred in connection with the charitable activities of Birmingham Promise.
-
$515,000
2022 The Foundation provided a grant to Rev Birmingham, Inc. for expenses incurred in connection with the charitable activities of Rev Birmingham, Inc.
-
$457,274
2023 The Foundation provided a grant to reimburse the Birmingham Business Alliance for expenses paid related to the Competitiveness Initiaive and Birmingham Small Business Navigators programs.
-
$300,000
2022 The Foundation provided a grant to UAB for expenses incurred in connection with the charitable activities of UAB.
-
$281,835
2022 The Foundation provided a grant to reimburse the Birmingham Business Alliance for expenses paid related to the Business Advisory Services program.
-
$12,500
2022 The Foundation provided a grant to Urban Impact, Inc. for expenses incurred in connection with the charitable activities of Urban Impact, Inc.
-
$12,000
2022 The Foundation provided a grant to Ignite Alabama for expenses incurred in connection with the charitable activities of Ignite Alabama.
Grants received
-
2022 SPECIAL PROGRAMS
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
501(c)(6) · Economic development in the greater Birmingham, AL region · AL
Declared as related by
-
On its 2024 return as a controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 10 September 2026, under deductibility SOUNK.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.