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Nonprofit · EIN 27-3083017

AMERICAN INDEPENDENT BUSINESS ALLIANCE

Also known as LOCAL FIRST

Tax-exempt · DURANGO, CO 81302

Financials

$159K$241K2023$191K$276K2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN INDEPENDENT BUSINESS ALLIANCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$191,261$275,612-$84,351$54,809$127,692-$72,883
December 31, 2023990-EZ$159,139$240,876-$81,737$140,744$129,276$11,468
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,150
Membership dues
$27,564
Program service revenue
$136,831
Investment income
$1,716
Other revenue
$20,000

Expenses

Compensation of officers, directors and key employees
$80,692
Salaries, compensation and benefits (total)
$190,027
Professional fees and payments to contractors
$19,584
Occupancy
$3,472
Printing, publications and postage
$15,537
Other expenses
$46,992
Program services (functional)
$271,558

Balance sheet and other

Total assets, start of year
$140,744
Total assets, end of year
$54,809
Total liabilities, end of year
$127,692
Net assets, end of year
-$72,883
Cash, savings and investments
$16,580
Gross receipts
$191,261

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Douglas McCarthyExecutive Director20$80,692
Mary OswaldChair4$0
Kip KosoVice Chair3$0
John LopezTreasurer3$0
Claire AttkissonSecretary3$0
Douglas ReynoldsDirector2$0
Jeanne SzczechDirector2$0
Merida OdiorneDirector2$0
James GillaspyDirector2$0
Geoff WolfDirector2$0
Kristen MuraroDirector2$0
990-EZ for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
Lauren BerutichManaging Dir40$87,800
Tim WheelerChairman4$0
Mary OswaldVice Chair3$0
John LopezTreasurer3$0
Lisa MastnySecretary3$0
Paul KosnikDirector2$0
Kip KosoDirector2$0
Kristen MuranoDirector2$0
Claire AttkissonDirector2$0
Michael HennonDirector2$0
Jeanne Randazzo SzczechDirector2$0

Address and contacts

Address (IRS master file)
PO BOX 2058, DURANGO, CO 81302-2058
In care of
% DOUGLAS MCCARTHY
Signed the 990-EZ
DOUGLAS MCCARTHY, Executive Director
Phone
(970) 799-6618
Return prepared by
BLACKHAWK ACCOUNTING LLC

Mission

SEE SCHEDULE O

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Membership and Development includes member recruitment, business education, strategic planning, governance, and stewardship to foster collaboration and know-how among local busines
    Expenses $238,132
  • Be Local Book is an annual publication and business support program to educate the public on localism and promote support for locally owned businesses and nonprofits.
    Expenses $30,283
  • Noel Night is a celebration of the holiday season that encourages folks to shop, eat, and love all things local with an enormous impact on community well-being.
    Expenses $3,143

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
27-3083017
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$54,809
Income (IRS master file)
$191,261

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$191,261$275,612$54,809XML
990-EZDecember 2023$159,139$240,876$140,744XML
990-EZDecember 2022–––IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3083017).

Questions about AMERICAN INDEPENDENT BUSINESS ALLIANCE

What is the EIN of AMERICAN INDEPENDENT BUSINESS ALLIANCE?
The employer identification number (EIN) of AMERICAN INDEPENDENT BUSINESS ALLIANCE is 27-3083017.
Is AMERICAN INDEPENDENT BUSINESS ALLIANCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2010.
Are donations to AMERICAN INDEPENDENT BUSINESS ALLIANCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does AMERICAN INDEPENDENT BUSINESS ALLIANCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN INDEPENDENT BUSINESS ALLIANCE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN INDEPENDENT BUSINESS ALLIANCE last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of AMERICAN INDEPENDENT BUSINESS ALLIANCE?
The 990-EZ for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $80,692 (Douglas McCarthy, Executive Director).
How much revenue does AMERICAN INDEPENDENT BUSINESS ALLIANCE have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $191,261, expenses of $275,612 and total assets of $54,809 at year end.

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