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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$1.8M
Program Spending
99%
of total expenses go to program services
Total Contributions
$1.6M
Total Expenses
▼$9M
Total Assets
$3.1M
Total Liabilities
▼$515.6K
Net Assets
$2.6M
Officer Compensation
→N/A
Other Salaries
$94.7K
Investment Income
-$25.2K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$7.7M
Awards Found
5
Department of Commerce
$2.5M
THE MBDA CAPITAL READINESS PROGRAM (PROGRAM) IS DESIGNED TO HELP CLOSE THE ENTREPRENEURSHIP GAP BETWEEN SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS (SEDI) AND NON-SEDI. THE RECIPIENTS ARE WERE SELECTED TO: (1) HELP SEDI ENTREPRENEURS BUILD CAPACITY; (2) ATTRACT AND PROVIDE ACCESS TO CAPITAL OPPORTUNITIES; AND (3) ATTRACT AND PROVIDE ACCESS TO NETWORKS. THE PROPOSED ACTIVITIES MAY RESEMBLE THE SERVICE MODELS OF INCUBATORS (FOCUSING ON EARLY-STAGE TECHNICAL ASSISTANCE FOR NEW ENTREPRENEURS) OR ACCELERATORS (PROVIDING EMERGING-STAGE TECHNICAL ASSISTANCE TO BUSINESSES READY TO EXPAND OR SCALE), OR PROVIDE A COMBINATION OF BOTH SERVICE MODELS.
Department of Commerce
$498K
THE GULF COAST CHAMBERS NETWORK (GCCN) RECOMPETE PLAN, LED BY THE MOBILE AREA CHAMBER OF COMMERCE FOUNDATION, REQUESTS FUNDING TO CONNECT GULF COAST RESIDENTS TO GOOD JOBS PREVALENT IN EACH TARGET REGION. GULF COAST RESIDENTS FACE TRAINING, TRANSPORTATION, AND CHILDCARE BARRIERS TO ACCESS JOBS IN MARITIME, MANUFACTURING, AND CONSTRUCTION INDUSTRIES, AND OTHER COMMUNITY-SPECIFIC OPENINGS. THE GCCN?S PROPOSED INVESTMENTS WILL USE ?WORKFORCE INFLUENCERS? AND CAREER TECH TRAINING FACILITIES TO CONNECT BOTH URBAN AND RURAL RESIDENTS TO SECTOR-SPECIFIC TRAINING AND WRAPAROUND SERVICES, WITH MOBILE COUNTY AND PILOT MICRO-TRANSIT AND CHILDCARE PROGRAMS SERVING AS MODELS. THE PLAN CAPITALIZES ON REGIONAL ASSETS AND LEVERAGES A NETWORK OF PUBLIC, PRIVATE, AND EDUCATIONAL PARTNERS TO UPSKILL WORKERS FOR GOOD JOBS IN PREVAILING INDUSTRIES.
Department of Commerce
$300K
INNOVATION PORTAL AND IT'S SUPPORTING ENTITY, THE MOBILE AREA CHAMBER OF COMMERCE FOUNDATION, WILL FORM AND EXECUTE OF A MUCH-NEEDED SEED FUND TO SUP
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
3
Clean Audits
3
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2024 | Clean | Unmodified (Clean) | $1.3M | No | 2025-09-30 |
| 2020 | Clean | Unmodified (Clean) | $1.7M | No | 2021-10-31 |
| 2019 | Clean | Unmodified (Clean) | $1.7M | No | 2020-08-31 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.7M
Tax Year 2023 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $1.8M | $1.6M | $9M | $3.1M | $2.6M |
| 2022 | $2.9M | $2.2M | $2.4M | $11M | $9.8M |
| 2020 | $3.3M | $3M | $1.9M | $10.7M | $8.3M |
| 2019 | $3.5M | $3.2M | $1.5M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | IRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2023)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Bradley Byrne | President | 40 | $0 | $374K | $15K | $389K |
| Neil Christopher | Treasurer | 40 | $0 | $94.1K | $12.2K | $106.3K |
| Michi Lunceford | Treasurer | 40 | $0 | $65.2K | $6,961 | $72.2K |
| Frank J Lott Iii | Chairman | 1 | $0 | $0 | $0 | $0 |
| G Robert Baker Jr | Vice President/secretary | 1 | $0 | $0 | $0 | $0 |
Bradley Byrne
President
$389K
Hrs/Wk
40
Compensation
$0
Related Orgs
$374K
Other
$15K
Neil Christopher
Treasurer
$106.3K
Hrs/Wk
40
Compensation
$0
Related Orgs
$94.1K
Other
$12.2K
Michi Lunceford
Treasurer
$72.2K
Hrs/Wk
40
Compensation
$0
Related Orgs
$65.2K
Other
$6,961
Frank J Lott Iii
Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
G Robert Baker Jr
Vice President/secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Brent Barkin | Director | 1 | $0 | $0 | $0 | $0 |
| Chris Lee | Director | 1 | $0 | $0 | $0 | $0 |
| Clifton Inge | Director | 1 | $0 | $0 | $0 | $0 |
| James F Watkins | Legal Counsel | 1 | $0 | $0 | $0 | $0 |
| Liz Freeman | Director | 1 | $0 | $0 | $0 | $0 |
| Lowell J Friedman | Director | 1 |
Brent Barkin
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Chris Lee
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Clifton Inge
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $9.5M |
| $6.9M |
| 2018 | $2.3M | $2M | $1.7M | $5.4M | $4.9M |
| 2017 | $1.9M | $1.7M | $1.7M | $5M | $4.3M |
| 2016 | $2.7M | $2.4M | $1.5M | $5.2M | $4.1M |
| 2015 | $1.2M | $984.9K | $1.3M | $3.5M | $2.9M |
| 2014 | $1.1M | $896.8K | $1.2M | $3.7M | $2.9M |
| 2013 | $1.1M | $887K | $1.2M | $3.6M | $3.1M |
| 2012 | $1.2M | $962K | $1.3M | $3.9M | $3.2M |
| 2011 | $1.2M | $953.7K | $1.3M | $4.1M | $3.3M |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| $0 |
| $0 |
| $0 |
| $0 |
| Mark Nix | Director | 1 | $0 | $0 | $0 | $0 |
| Sydney Raine | Director | 1 | $0 | $0 | $0 | $0 |
| T Bragg Van Antwerp Jr | Director | 1 | $0 | $0 | $0 | $0 |
James F Watkins
Legal Counsel
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Liz Freeman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lowell J Friedman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mark Nix
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Sydney Raine
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
T Bragg Van Antwerp Jr
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0