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Independent Austin Business Alliance

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 470931239 ✦ Austin, TX ✦ Designated as a 501(c)(6)

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Overview

What is Independent Austin Business Alliance?

The Independent Austin Business Alliance is a small, nonprofit organization headquartered in Austin, Texas. It primarily focuses on promoting the cultural significance of independently-owned businesses within the local community. The organization achieves this objective by advocating for a shift in retail spending towards these local businesses. One of their key activities is publishing a semi-annual membership directory, showcasing these businesses to consumers. With a single employee, the Alliance strives to strengthen the economic and cultural fabric of Austin by highlighting the unique value of its independently-owned businesses.


Official website here: www.ibuyaustin.com

Is Independent Austin Business Alliance legitimate?

Independent Austin Business Alliance is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Austin Business Alliance submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $52,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ibuyaustin.com

What is the mission statement of Independent Austin Business Alliance?

The Independent Austin Business Alliance aims to highlight the cultural significance of independent businesses within the community and encourages a shift in retail spending towards locally-owned businesses. Its mission is to advocate for and promote these independent enterprises, fostering a stronger connection between consumers and local businesses. The alliance achieves this by publishing a semi-annual membership directory, showcasing the local businesses to potential customers.


Official website here: www.ibuyaustin.com

Who is the CEO of Independent Austin Business Alliance?

April Ritzenthaler is the President of Independent Austin Business Alliance.


Official website here: www.ibuyaustin.com

What is the revenue of Independent Austin Business Alliance?

Independent Austin Business Alliance's revenue in 2022 was $65,155.


Official website here: www.ibuyaustin.com

Who are the executives of Independent Austin Business Alliance and what are their salaries?

The average compensation at Independent Austin Business Alliance during 2022 was $52,125. There is 1 employee at Independent Austin Business Alliance.


Here are 4 key members and their salaries:


Janet Frueger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Lewis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hill Abell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Searle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ibuyaustin.com

Where can I find the form 990 for Independent Austin Business Alliance?

Independent Austin Business Alliance's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibuyaustin.com

Learn more at the official website: www.ibuyaustin.com

Mission Statement of Independent Austin Business Alliance

The Independent Austin Business Alliance, abbreviated as IABA, is an organization dedicated to championing the cultural significance of independent businesses within the Austin community. Its primary mission is to encourage a shift in retail spending, directing it towards locally-owned businesses. By promoting the unique values and offerings of these independent enterprises, IABA aims to foster a stronger sense of community and economic vitality in Austin.

To accomplish this mission, IABA publishes a semi-annual membership directory, showcasing a variety of locally-owned businesses to consumers. This directory serves as a valuable resource, making it easier for communities to discover and support these independent businesses. By doing so, IABA not only supports the growth and sustainability of these enterprises but also contributes to the overall cultural richness of the Austin community. By promoting and advocating for independent businesses, IABA plays a crucial role in preserving the diversity and vibrancy of Austin's commercial landscape.

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Impact




October, 2024

The Independent Austin Business Alliance plays a vital role in enhancing the cultural landscape of the Austin community by advocating for locally-owned businesses. By promoting the unique value these businesses bring, the Alliance encourages residents to prioritize local spending, which not only supports the economy but also fosters a sense of community identity and pride.

One of the key ways the Alliance achieves its mission is through the publication of a semi-annual membership directory, which highlights locally owned businesses. This resource serves as a crucial tool for consumers looking to engage with their community's economy and discover the diverse offerings available in Austin.

The impact of the Alliance is seen in the strengthened relationships among business owners, the loyalty of residents to support their local economy, and the overall enrichment of the cultural fabric of Austin. By shifting retail spending towards independent businesses, the Alliance contributes significantly to community improvement and sustainability.




This information is meant to be a general summary of Independent Austin Business Alliance. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$65,155 (2022)
Expenses
$178,763 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $65,095
  • Gross Receipts: $65,155

Assets and Liabilities:

  • Total Assets: $3,160
  • Total Liabilities: $127,953
  • Net Assets: -$124,793

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$28,662

ADVERTISING

Revenue

$36,433

Organization Details

Founding Year

2002

Principal Officer

April Ritzenthaler

Main Address

PO BOX 49545, AUSTIN, TX, 78765

NTEE Category

Code: S41 - Community improvement

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