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Alabama Family Trust Corp

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

EIN: 631144514 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

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Overview

What is Alabama Family Trust Corp?

Alabama Family Trust Corp, doing business as Alabama Family Trust, is a nonprofit organization situated in Vestavia, Alabama. Their primary objective is to promote and enhance the availability of medical, social, or additional aid services for individuals with mental or physical impairments. They specialize in administering around 700 to 800 special needs trusts, offering a crucial support system for those in need. The trust's mission is geared towards fostering improved living conditions for individuals with disabilities, thereby contributing positively to their overall well-being.


Official website here: www.alabamafamilytrust.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Alabama Family Trust Corp, operating under the name Alabama Family Trust, has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The charity's overall score is heavily influenced by its strong accountability practices, achieving a score of 81% in this area. This reflects the organization's commitment to transparency and responsible financial management.

The organization demonstrates several strengths, including a fully independent board of directors, with all eight members meeting independence criteria. Additionally, Alabama Family Trust has no record of material diversion of assets, showing a robust governance framework. The charity also maintains comprehensive policies for conflict of interest, whistleblowing, and document retention, which further enhances its credibility.

While the charity's financial practices are commendable, it is important to note that the score is based entirely on accountability and finance metrics, with no evaluation of program effectiveness or impact on the community. Prospective donors may want to consider this aspect when assessing the charity’s overall performance and alignment with their philanthropic goals.


This AI summary has been generated from information found on Charity Navigator.

Is Alabama Family Trust Corp legitimate?

Alabama Family Trust Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alabama Family Trust Corp 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: $306,476
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,318

For more financial information, click here


Official website here: www.alabamafamilytrust.com

What is the mission statement of Alabama Family Trust Corp?

The Alabama Family Trust, operating under the name Alabama Family Trust Corp, is a non-profit organization dedicated to promoting and facilitating additional medical, social, or other supportive services for individuals with mental or physical impairments. One of their key activities involves managing approximately 700 to 800 special needs trusts. Their mission is centered around encouraging, enhancing, and fostering these services, aiming to improve the lives of those in need. However, the provided information does not contain a specific, written mission statement.


Official website here: www.alabamafamilytrust.com

Who is the CEO of Alabama Family Trust Corp?

Clayton Davis is the President of Alabama Family Trust Corp.


Official website here: www.alabamafamilytrust.com

What is the revenue of Alabama Family Trust Corp?

Alabama Family Trust Corp's revenue in 2022 was $1,340,801.


Official website here: www.alabamafamilytrust.com

Who are the executives of Alabama Family Trust Corp and what are their salaries?

The average compensation at Alabama Family Trust Corp during 2022 was $74,399. There are 7 employees at Alabama Family Trust Corp.


Here are 14 key members and their salaries:


Lesley Byars (Cfo)
  • Compensation: $121,260
  • Related: $0
  • Other: $0
Melanie Bradford Holliman (Executive Dir.)
  • Compensation: $114,639
  • Related: $0
  • Other: $0
Shannon Brubaker (Chief Admin Off)
  • Compensation: $69,259
  • Related: $0
  • Other: $0
Clayton Davis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Griffin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Walsh (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wallace Davis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Campisi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Salter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vance Holder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Shepura (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Paluzzi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latanya Rhines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.alabamafamilytrust.com

Where can I find the form 990 for Alabama Family Trust Corp?

Alabama Family Trust Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.alabamafamilytrust.com

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

Mission Statement of Alabama Family Trust Corp

Alabama Family Trust, a non-profit organization, is dedicated to motivating, amplifying, and fostering the delivery of medical, social, or additional supportive services for individuals with mental or physical impairments. The corporation's primary goal is to administer over 700 to 800 special needs trusts, serving as a crucial resource for these individuals. By doing so, Alabama Family Trust aims to enrich and improve the lives of these individuals, ensuring they have access to necessary medical, social, and supplemental services to enhance their quality of life.

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Impact




July, 2024

Alabama Family Trust Corp Dba Alabama Family Trust has a significant impact on the lives of individuals with mental or physical impairments by providing administration of special needs trusts. This support encourages and enhances the provision of medical, social, and other necessary services for these individuals, ultimately improving their quality of life and well-being. By managing 700 to 800 special needs trusts, Alabama Family Trust Corp plays a crucial role in ensuring that individuals with disabilities have access to the resources they need.




This information is meant to be a general summary of Alabama Family Trust Corp. 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
$1,340,801 (2022)
Expenses
$1,023,006 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $23,467
  • Program Service Revenue: $1,317,334
  • Gross Receipts: $1,340,801

Assets and Liabilities:

  • Total Assets: $2,321,653
  • Total Liabilities: $94,165
  • Net Assets: $2,227,488

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Programs

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

FEES - ADMIN & TAX PREP

Revenue

$1,317,334

Organization Details

Founding Year

1995

Principal Officer

Clayton Davis

Main Address

2057 VALLEYDALE RD 111, BIRMINGHAM, AL, 35244

NTEE Category

Code: P80 - Human services

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