EIN 57-0892546

Birmingham Business Alliance Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1988
Most recent tax filings
2023-12-01
Description
The Birmingham Business Alliance Foundation promotes business and commerce and advances educational endeavors in the Birmingham, Alabama region. Prosper Birmingham connects leaders to address issues and fuel economic growth. The Competitiveness Initiatives identify niche industries for job growth by funding special projects and research.
Related structure
Birmingham Business Alliance Foundation is a subordinate organization under Birmingham Business Alliance.
Total revenues
$587,274
2023
Total expenses
$484,353
2023
Total assets
$185,993
2023
Num. employees
0
2023

Program areas at Birmingham Business Alliance Foundation

The Birmingham Business Alliance Foundation's Competitiveness Initiatives explore and identify niche industries that can be competitive and grow jobs within the Birmingham region. The BBAF achieves this objective by funding special projects and research initiatives, such as a health care market intelligence and implementation plan with regional economic developers, funded by the Economic Development Administration (EDA).
Innovate Birmingham Initiative is a program created to develop and encourage innovation and entrepreneurship in Birmingham's information technology environment.
Birmingham Small Business Navigators is a program funded by a City of Birmingham BOLD grant and a grant from Prosper, this project aims to build a formalized network of existing partners supported by a dedicated professional and digital tool that can serve more businesses and make sure they get connected to the right resources. This project also aims to support a robust community of legacy businesses that add to the history and vibrancy of neighborhoods across Birmingham.
Innovate Alabama Initiative is an initiative aimed to extend an innovation grant program to strengthen the innovative capabilities of businesses in the Greater Birmingham Region, reflecting their dedication to a thriving and inclusive business environment. Collaborating with innovation partners like Innovation-designed entities and Innovate Alabama, the Foundation plans to establish a comprehensive eligibility and nomination process. This system will focus on businesses that have completed partner programs and demonstrate a significant potential for innovation ROI.

Grants made by Birmingham Business Alliance Foundation

GranteeGrant descriptionAmount
Birmingham Business AllianceThe Foundation Provided A Grant To Reimburse the Birmingham Business Alliance for Expenses Paid Related To the Competitiveness Initiaive and Birmingham Small Business Navigators Programs.$457,274

Personnel at Birmingham Business Alliance Foundation

NameTitleCompensation
Steve AmmonsPresident and Chief Executive Officer$0

Financials for Birmingham Business Alliance Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$587,274
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$587,274

Form 990s for Birmingham Business Alliance Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-06990View PDF
2022-122023-11-14990View PDF
2021-122022-11-01990View PDF
2020-122021-11-12990View PDF
2019-122021-04-01990View PDF
...and 9 more Form 990s
Data update history
March 6, 2025
Posted financials
Added Form 990 for fiscal year 2023
December 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 26, 2023
Updated personnel
Identified 2 new personnel
July 8, 2023
Updated personnel
Identified 2 new personnel
July 1, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
505 20th St N 200
Birmingham, AL 35203
Metro area
Birmingham-Hoover, AL
County
Jefferson County, AL
Phone
(205) 324-2100
IRS details
EIN
57-0892546
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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