2025-11-14T10:54:11-06:00 2024-12-31 454084437 WARREN AVERETT LLC 350 W CEDAR STREET SUITE 400 PENSACOLA FL 32502 990 2024-01-01 630837944 COASTAL ALABAMA BUSINESS CHAMBER INC COAS 2519684237 P O BOX 3869 GULF SHORES AL 36547 KENNETH G ALEXANDER PRESIDENT/CEO 2519684237 2025-11-12 1 1 CLAIRE C DUREN CPA P01577924 8504357400 2025-11-12 2024 2025-03-06 01:10:19Z KENNETH G ALEXANDER P O BOX 3869 GULF SHORES AL 36547 1732557 0 X WWW.MYGULFCOASTCHAMBER.COM X 1981 AL TO UNITE BUSINESS AND COMMUNITY IN ORDER TO PROMOTE QUALITY BUSINESS GROWTH AND COMMUNITY DEVELOPMENT THROUGH MEMBER SUPPORT, COOPERATION AND COMMUNICATION. 18 18 9 750 0 0 472740 495825 1194459 1227016 1573 646 14944 9070 1683716 1732557 0 0 0 0 651819 659605 0 0 0 1155024 1171771 1806843 1831376 -123127 -98819 317869 279235 684495 744680 -366626 -465445 TO UNITE BUSINESS AND COMMUNITY IN ORDER TO PROMOTE QUALITY BUSINESS GROWTH AND COMMUNITY DEVELOPMENT THROUGH MEMBER SUPPORT, COOPERATION AND COMMUNICATION. 0 0 1196033 939469 NATIONAL SHRIMP FESTIVAL: FESTIVAL WHICH INCLUDES FINE ARTS, ARTS AND CRAFTS, MUSIC, AND FOOD. THE EVEN PROMOTES AND DEVELOPS THE GULF SHORES/ORANGE BEACH, ALABAMA AREA AND HAS AN IMMEASURABLE IMPACT ON THE LOCAL ECONCOMY. 366075 287547 MEMBER SERVICES: VARIOUS MEMBER SERVICES PROVIDED, THE PURPOSE OF WHICH IS TO FURTHER THE CHAMBER'S MISSION. ANNUAL MEETING: MEMBERSHIP MEETING FOR EXCHANGE OF IDEAS AND TO SET GOALS FOR THE UPCOMING YEAR. 1562108 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 39 0 1 9 1 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 AL X KENNETH G ALEXANDER PRESIDENTCEO 2519684237 3150 GULF SHORES PARKWAY GULF SHORES AL 36547 X JIM BIBBY CHAIRMAN 0.50 0.00 X X 0 0 0 RICK CONWAY BOARD MEMBER 0.50 0.00 X 0 0 0 ROB BARNS BOARD MEMBER 0.50 0.00 X 0 0 0 JOHN HARRIS BOARD MEMBER 0.50 0.00 X 0 0 0 HUNTER HARRELSON BOARD MEMBER 0.50 0.00 X 0 0 0 WES HICKS BOARD MEMBER 0.50 0.00 X 0 0 0 FRANCES HOLK-JONES BOARD MEMBER 0.50 0.00 X 0 0 0 BRANDI INGRAM BOARD MEMBER 0.50 0.00 X 0 0 0 MARK INGRAM BOARD MEMBER 0.50 0.00 X 0 0 0 MARK JONES BOARD MEMBER 0.50 0.00 X 0 0 0 TIM LOWER CHAIR ELECT 0.50 0.00 X X 0 0 0 BOB MCDOWELL BOARD MEMBER 0.50 0.00 X 0 0 0 BRENTON MCWILLIAMS BOARD MEMBER 0.50 0.00 X 0 0 0 TAYLOR MEANS BOARD MEMBER 0.50 0.00 X 0 0 0 STEVE MEYER BOARD MEMBER 0.50 0.00 X 0 0 0 JENNIFER PARNELL BOARD MEMBER 0.50 0.00 X 0 0 0 TOM STEBER BOARD MEMBER 0.50 0.00 X 0 0 0 DAVID STIDHAM BOARD MEMBER 0.50 0.00 X 0 0 0 MICHELE BOLING BOARD MEMBER 0.50 0.00 X 0 0 0 JOE GARRIS BOARD MEMBER 0.50 0.00 X 0 0 0 BETH GENDLER BOARD MEMBER 0.50 0.00 X 0 0 0 KRISTIN HELLMICH BOARD MEMBER 0.50 0.00 X 0 0 0 JERRY JOHNSON BOARD MEMBER 0.50 0.00 X 0 0 0 MARGARET ROLEY BOARD MEMBER 0.50 0.00 X 0 0 0 MATT YOUNG BOARD MEMBER 0.50 0.00 X 0 0 0 KENNETH G ALEXANDER CEO 50.00 0.00 X 133160 0 5609 SUZETTE HATAWAY SECRETARY 50.00 0.00 X 53189 0 1108 186349 0 6717 1 0 0 0 0 445825 50000 495825 NATIONAL SHRIMP FESTIV 812900 939469 939469 MEMBERSHIP SERVICES 812900 287547 287547 1227016 646 646 MISCELLANEOUS 812900 9070 9070 9070 1732557 1227016 0 9716 X 193066 164679 28387 346692 295717 50975 75945 64779 11166 43902 37447 6455 24442 20848 3594 38 32 6 49326 42074 7252 131116 111838 19278 1501 1280 221 155973 133040 22933 24748 21109 3639 18158 15488 2670 37477 31967 5510 SHRIMP FESTIVAL REPAIRS 237930 202947 34983 SHRIMP FESITVAL ENTERTA 118972 101479 17493 CONCESSIONS 80894 69000 11894 OTHER EXPENSES 74634 42507 32127 216562 205877 10685 1831376 1562108 269268 0 36445 6135 13054 10637 10054 10054 6803 6803 1054232 808626 251513 245606 317869 279235 32050 39660 156830 156830 495615 548190 684495 744680 X 0 0 0 0 -366626 -465445 -366626 -465445 317869 279235 -98819 0 X X 0 0 0 126896 126896 530927 460707 70220 211685 175173 36512 184724 172746 11978 245606 SBA EIDL LOAN 489611 OVERDRAFT 58579 548190 FORM 990, PART VI, SECTION B, LINE 11B THE CHAIR OF THE FINANCE COMMITTEE AND THE PRESIDENT/CEO APPROVE THE FORM 990 AND THE ACCOMPANYING SCHEDULES BEFORE IT IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY WHEN THE CHAMBER IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OR THAT MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. BOARD MEMBERS ELIGIBILITY IS CONTINGENT ON AN ANNUAL SIGNED AGREEMENT WITH THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMPENSATION POLICY GOVERNS THE PROCEDURES FOR DETERMINING AND REVIEWING THE COMPENSATION OF THE CHAMBER PRESIDENT/CEO. FORM 990, PART VI, SECTION C, LINE 19 THE CHAMBER'S GOVERNING DOCUMENT AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE CHAMBER OFFICE DURING NORMAL BUSINESS HOURS. FORM 990, PART VIII, LINE 1E: THE ORGANIZATION RECEIVED A GRANT FROM GULF SHORES & ORANGE COUNTY TOURISM ORGANIZATION FOR $50,000 TO BE USED FOR THE ANNUAL SHRIMP FESTIVAL. UNDER GUIDANCE OF THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS, THE GRANT FUNDS ARE TO BE RECOGNIZED AS INCOME ONCE ALL THE CONDITIONS OF THE GRANT ARE SUBSTANTIALLY MET OR EXPLICITLY WAIVED. AT THE END OF THEIR FISCAL YEAR, THE ORGANIZATION HAD SUBSTANTIALLY MET ALL CONDITIONS OF THE GRANT AND RECORDED THE PROCEEDS AS GRANT INCOME. FORM 990, PART IX, LINE 24E SHRIMP FESTIVAL COMMISSIONS: PROGRAM SERVICE EXPENSES 61,989. MANAGEMENT AND GENERAL EXPENSES 10,685. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,674. SHRIMP FESTIVAL SUPPLIES: PROGRAM SERVICE EXPENSES 69,540. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,540. SHRIMP FESTIVAL HOSPITALITY: PROGRAM SERVICE EXPENSES 23,100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,100. SHRIMP FESITIVAL SECURITY: PROGRAM SERVICE EXPENSES 21,050. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,050. AWARDS: PROGRAM SERVICE EXPENSES 16,423. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,423. TAXES AND LICENSES: PROGRAM SERVICE EXPENSES 13,775. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,775. FORM 990, PART XII, LINE 2C: THE AUDITED FINANCIAL STATEMENTS OF THE CURRENT TAX YEAR HAVE NOT BEEN COMPLETED AS OF THE FILING DATE OF THE TAX RETURN.