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Mobile Alabama Bowl Inc

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

EIN: 631222642 ✦ Mobile, AL ✦ Designated as a 501(c)(4)

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Overview

What is Mobile Alabama Bowl Inc?

Mobile Alabama Bowl Inc is a nonprofit organization situated in Mobile, Alabama, dedicated to fostering and stimulating sports engagement within the local community. They achieve this goal by organizing an annual post-season football game, which is part of the National Collegiate Athletic Association. By hosting this event, Mobile Alabama Bowl Inc contributes to the excitement and camaraderie surrounding sports in the area, ultimately promoting a vibrant and active community spirit.


Official website here: www.lendingtreebowl.com

Is Mobile Alabama Bowl Inc legitimate?

Mobile Alabama Bowl Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Mobile Alabama Bowl Inc 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: $151,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,778

For more financial information, click here


Official website here: www.lendingtreebowl.com

What is the mission statement of Mobile Alabama Bowl Inc?

The Mobile Alabama Bowl Inc, through its mission, strives to boost sports engagement in broad circles by arranging a post-season National Collegiate Athletic Association football Bowl game. By organizing this event, the organization aims to foster a vibrant sports culture and provide an exciting spectacle for football enthusiasts. The Bowl game serves as a platform to showcase talent, promote camaraderie, and celebrate the spirit of competition. Moreover, the event contributes to the overall growth and development of sports in the surrounding areas.


Official website here: www.lendingtreebowl.com

Who is the CEO of Mobile Alabama Bowl Inc?

Jerry Silverstein is the President of Mobile Alabama Bowl Inc.


Official website here: www.lendingtreebowl.com

What is the revenue of Mobile Alabama Bowl Inc?

Mobile Alabama Bowl Inc's revenue in 2023 was $1,754,263.


Official website here: www.lendingtreebowl.com

Who are the executives of Mobile Alabama Bowl Inc and what are their salaries?

The average compensation at Mobile Alabama Bowl Inc during 2023 was $62,873. There are 7 employees at Mobile Alabama Bowl Inc.


Here are 5 key members and their salaries:


Jerry Silverstein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kip Sharpe (Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
N F Kearns (Director)
  • Compensation: $27,000
  • Related: $0
  • Other: $0
Frank Modarelli (Senior Director Of Operati)
  • Compensation: $40,000
  • Related: $0
  • Other: $0
Sherrie Dyal (Executive Director)
  • Compensation: $78,000
  • Related: $0
  • Other: $0


Official website here: www.lendingtreebowl.com

Where can I find the form 990 for Mobile Alabama Bowl Inc?

Mobile Alabama Bowl Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lendingtreebowl.com

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

Mission Statement of Mobile Alabama Bowl Inc

Mobile Alabama Bowl Inc, as its name suggests, is dedicated to fostering and supporting sports activities in the vicinity of Mobile, Alabama. The organization achieves this mission by organizing a post-season national collegiate athletic association football Bowl game. This event serves as a platform to promote and encourage sports participation, engaging the local community and beyond in the excitement of collegiate football. By hosting this annual event, Mobile Alabama Bowl Inc contributes to the vibrancy and camaraderie of sports culture in the area, providing an opportunity for locals and visitors alike to celebrate the spirit of competition and teamwork.

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Impact




October, 2024

Mobile Alabama Bowl Inc significantly impacts the local community by promoting and encouraging sports activities in Mobile, Alabama. By organizing the Mobile Alabama Bowl game, it draws attention to collegiate athletics and fosters a sense of community pride. The event serves as a platform for showcasing talent and provides opportunities for local businesses to thrive, boosting the local economy through increased tourism and engagement from fans and participants. This annual football game not only enhances the region's sports culture but also strengthens community ties and encourages a healthy, active lifestyle among residents. Overall, the Mobile Alabama Bowl contributes to both the cultural and economic vitality of Mobile, solidifying its status as a key event in the area.




This information is meant to be a general summary of Mobile Alabama Bowl Inc. 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
$1,754,263 (2023)
Expenses
$1,831,500 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $14,467
  • Program Service Revenue: $1,739,796
  • Gross Receipts: $1,754,263

Assets and Liabilities:

  • Total Assets: $956,065
  • Total Liabilities: $12,827
  • Net Assets: $943,238

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Programs

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

SPONSORSHIP INCOME

Revenue

$1,058,731

TV RIGHTS

Revenue

$331,000

TICKET AND PROGRAM SAL

Revenue

$180,977

MEMBERSHIP DUES

Revenue

$150,000

PARKING INCOME

Revenue

$19,088

Organization Details

Founding Year

1999

Principal Officer

Jerry Silverstein

Main Address

PO BOX 2208, MOBILE, AL, 36652

NTEE Category

Code: N70 - Recreation

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