Nonprofit · EIN 63-0020120
BESSEMER CHAMBER OF COMMERCE
Tax-exempt · BESSEMER, AL 35020
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $355,223 | $387,128 | -$31,905 | $27,825 | $38,550 | -$10,725 |
| December 31, 2023 | 990 | $381,819 | $334,635 | $47,184 | $39,520 | $18,340 | $21,180 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $52,555
- Investment income
- $12
- Net income from fundraising events
- $978
- Other revenue
- $302,656
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $127,610
- Salaries, compensation and benefits (total)
- $137,441
- Professional fundraising fees
- $0
- Accounting fees
- $4,725
- Occupancy
- $7,355
- Depreciation
- $1,976
Balance sheet and other
- Total assets, start of year
- $39,520
- Total assets, end of year
- $27,825
- Total liabilities, end of year
- $38,550
- Net assets, end of year
- -$10,725
- Land, buildings and equipment
- $11,240
- Net assets without donor restrictions
- -$10,725
- Gross receipts
- $366,860
- Employees
- 3
- Volunteers
- 25
- Year formed
- 1922
- State of legal domicile
- AL
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LATASHA COOK | PRESIDENT Officer | 40 | $66,200 |
| CYNTHIA ANTHONY | CHAIRWOMAN Trustee or director, Officer | 10 | $0 |
| KEITH PENNINGTON | CHAIR ELECT Trustee or director, Officer | 5 | $0 |
| MITCH AVERY | PAST CHAIRMA Trustee or director, Officer | 5 | $0 |
| NICOLE NEWELL | FINANCE CHAI Trustee or director, Officer | 5 | $0 |
| MICAH ANDREWS | TREASURER Trustee or director, Officer | 5 | $0 |
| DR DANA ARREOLA | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK BROWN | BOARD MEMBER Trustee or director | 1 | $0 |
| CHARLES KING | BOARD MEMBER Trustee or director | 1 | $0 |
| CLAIRE MITCHELL | BOARD MEMBER Trustee or director | 1 | $0 |
| REGGIE MAYS | BOARD MEMBER Trustee or director | 1 | $0 |
| SHANE MORRIS | BOARD MEMBER Trustee or director | 1 | $0 |
| NOAH ROCKER | BOARD MEMBER Trustee or director | 1 | $0 |
| LASHAUNDA BLAIR | BOARD MEMBER Trustee or director | 1 | $0 |
| OMAR CHAPMAN | BOARD MEMBER Trustee or director | 1 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRYONDA COLLINS | BOARD MEMBER Trustee or director | 1 | $0 |
| CONNIE FUELL | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS HILL | BOARD MEMBER Trustee or director | 1 | $0 |
| CARLTON JACKSON | BOARD MEMBER Trustee or director | 1 | $0 |
| ERICK KENNEDY | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK PETTWAY | BOARD MEMBER Trustee or director | 1 | $0 |
| ANTHONY PIPPEN | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL TALERICO | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LATASHA COOK | PRESIDENT Officer | 40 | $58,941 |
| CYNTHIA ANTHONY | CHAIRWOMAN Trustee or director, Officer | 10 | $0 |
| MITCH AVERY | PAST CHAIRMA Trustee or director, Officer | 5 | $0 |
| CARLTON JACKSON | FINANCE CHAI Trustee or director, Officer | 5 | $0 |
| KEITH PENNINGTON | TREASURER Trustee or director, Officer | 5 | $0 |
| ANTOINETTE MADISON | BOARD MEMBER Trustee or director | 1 | $0 |
| DR DANA ARREOLA | BOARD MEMBER Trustee or director | 1 | $0 |
| COURTNEY COLEMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK BROWN | BOARD MEMBER Trustee or director | 1 | $0 |
| CHARLES KING | BOARD MEMBER Trustee or director | 1 | $0 |
| CLAIRE MITCHELL | BOARD MEMBER Trustee or director | 1 | $0 |
| REGGIE MAYS | BOARD MEMBER Trustee or director | 1 | $0 |
| SHANE MORRIS | BOARD MEMBER Trustee or director | 1 | $0 |
| NICOLE NEWELL | BOARD MEMBER Trustee or director | 1 | $0 |
| DEVRON VEASLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| MICAH ANDREWS | BOARD MEMBER Trustee or director | 1 | $0 |
| NOAH ROCKER | BOARD MEMBER Trustee or director | 1 | $0 |
| KATIE TRUSS | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 321 18TH ST N, BESSEMER, AL 35020-4952
- Principal officer (990 for 2024)
- LATASHA COOK, 321 NORTH 18TH STREET, BESSEMER, AL 35020
- Signed the 990
- LATASHA COOK, PRESIDENT
- Phone
- (205) 425-3253
- Website
- WWW.BESSEMERCHAMBER.COM
- Return prepared by
- RUSSELL & COMPANY LLC
Mission
PROMOTE THE ECONOMIC WELL BEING OF REGIONAL BUSINESSES AND REPRESENT THE BUSINESS COMMUNITY IN ECONOMIC, POLITICAL, CIVIC, EDUCATIONAL, AND CULTURAL DEVELOPMENT OF THE REGION.
Program accomplishments
- BUSINESS DEVELOPMENT DIVISION: TO PROMOTE AND SUPPORT BUSINESS DEVELOPMENT THROUGH FACILITATION, COORDINATION, AND EXPANSION OF RESOURCES SERVING EXISTING AND PROSPECTIVE BUSINESSES. GOVERNMENTAL AFFAIRS COMMITTEE - TO SET THE POLITICAL AGENDA FOR THE CHAMBER AND TO ADDRESS ALL ISSUES IN THE POLITICAL ARENA FACING LOCAL BUSINESS AND THE CHAMBER. CONTRACTORS/DEVELOPERS COMMITTEE - TO REPRESENT THE INTERESTS OF CONTRACTORS (GENERAL AND SUB), DEVELOPERS, AND REALTORS IN THE CHAMBERS REGIONAL AREA WITH LOCAL, COUNTY, STATE AND FEDERAL BUILDING POLICIES, LEGISLATION, ORDINANCES AND CODES. SMALL BUSINESS COMMITTEE - TO REPRESENT THE INTERESTS OF SMALL BUSINESSES AND PROVIDE THEM WITH RESOURCES THAT HELP THEM BE SUCCESSFUL. COMMUNITY BUILDING DIVISION - TO BUILD A STRONGER, MORE UNIFIED COMMUNITY THROUGH CONTINUED PROGRAM DEVELOPMENT, PROMOTION PLANNING AND NETWORKING OF AREA ORGANIZATIONS. MEMBERSHIP DIVISION - TO EFFECTIVELY SERVE THE MEMBERSHIP OF THE CHAMBER AND CREATE PROGRAMS, ACTIVITIES, AND EVENTS WHICH WILL BE BENEFICIAL TO EACH MEMBER. HEALTHCARE COMMITTEE - TO MEET THE BUSINESS NEEDS OF THE HEALTHCARE COMMUNITY IN THE WESTERN JEFFERSON COUNTY REGION AND TO ADDRESS ALL BUSINESS RELATED ISSUES FACING HEALTHCARE PROFESSIONALS AND THE CHAMBER. LEGAL COMMITTEE - TO MEET THE BUSINESS NEEDS OF THE LEGAL COMMUNITY IN THE WESTERN JEFFERSON COUNTY REGION AND TO ADDRESS ALL BUSINESS RELATED ISSUES IN THE BUSINESS ARENA FACING LOCAL LEGAL PROFESSIONALS AND THE CHAMBER. BY-LAWS COMMITTEE - TO ANNUALLY REVIEW AND MAKE RECOMMENDATIONS ON CHANGES, CORRECTIONS, OR ADDITIONS TO THE BOARD APPROVED BY-LAWS, EMPLOYEE MANUAL, AND POLICY/PROCEDURES MANUAL FO THE BESSEMER AREA CHAMBER OF COMMERCE. FINANCE AND OPERATIONS AUDIT COMMITTEE - TO CONDUCT AN ANNUAL REVIEW OF THE CHAMBER'S FINANCES AND INTERNAL BUSINESS PROCEDURES. GOLF TOURNAMENT COMMITTEE - TO ORGANIZE, PROMOTE AND SUPERVISE A SUCCESSFUL AND PROFITABLE ANNUAL MEMBERSHIP GOLF TOURNAMENT FOR THE BENEFIT OF THE CHAMBER AND ITS MEMBERS. HOSPITALITY AND TOURISM DIVISION - TO PROMOTE BESSEMER AREA ATTRACTIONS TO VISITORS AS WELL AS LOCAL RESIDENTS AS A PLACE TO VISIT AND ENJOY.Expenses $387,128 · revenue $354,233
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 63-0020120
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1945
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $27,825
- Income (IRS master file)
- $366,860
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $355,223 | $387,128 | $27,825 | IRS |
| 990 | December 2023 | $381,819 | $334,635 | $39,520 | XML |
| 990 | December 2022 | $313,610 | $359,916 | $12,428 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 63-0020120).
Questions about BESSEMER CHAMBER OF COMMERCE
- What is the EIN of BESSEMER CHAMBER OF COMMERCE?
- The employer identification number (EIN) of BESSEMER CHAMBER OF COMMERCE is 63-0020120.
- Is BESSEMER CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1945.
- Are donations to BESSEMER CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BESSEMER CHAMBER OF COMMERCE 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 BESSEMER CHAMBER OF COMMERCE 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 BESSEMER CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BESSEMER CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 names LATASHA COOK.
- Who are the officers and directors of BESSEMER CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 23 people; 1 received compensation from the organization, the highest $66,200 (LATASHA COOK, PRESIDENT).
- How much revenue does BESSEMER CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $355,223, expenses of $387,128 and total assets of $27,825 at year end.
Other nonprofits in BESSEMER
- COMMUNITY FOOD BANK OF CENTRAL ALABAMA EIN 63-0837956 · last filed 990 for 2024
- THE FOUNDRY MINISTRIES INC EIN 63-0624278 · last filed 990 for 2025
- EMPOWER SCHOOLS OF ALABAMA EIN 85-2038676 · last filed 990 for 2025
- MISSION DENTAL INC EIN 27-1406376 · last filed 990 for 2025
- ALABAMA AEROSPACE AND AVIATION SCHOOLS INC EIN 84-3820962 · last filed 990 for 2025
- FAITH BAPTIST BIBLE COLLEGE INC EIN 63-0521463 · last filed 990 for 2026
- HERITAGE CHRISTIAN ACADEMY EIN 45-2641911 · last filed 990 for 2025
- LEGACY YMCA EIN 63-0288881 · last filed 990 for 2025