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Alabama Family Charitable Trust Co 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: 636194402 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

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Overview

What is Alabama Family Charitable Trust Co Alabama Family Trust Corp?

Alabama Family Charitable Trust Co, also known as Alabama Family Trust Corp, is a nonprofit organization based in Birmingham, Alabama. Their primary mission is to utilize their assets to provide benefits to individuals with qualifying impairments. This organization extends its support to those in need, offering essential aid to enhance their lives. The specifics of the impairments and the nature of the benefits provided are not detailed in the information array.


Official website here: www.alabamafamilytrust.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star Rating

The Alabama Family Charitable Trust Co has received an overall score of 81%, earning a Three-Star rating, which reflects a solid level of accountability and financial health. This score is based on a comprehensive assessment of various governance and financial practices, with the entire score derived from the Accountability & Finance beacon. Such a rating indicates that the organization effectively manages its resources and adheres to best practices in transparency and accountability.

One of the notable strengths of the organization is its governance structure, with a fully independent board consisting of 11 members. All members are independent, which is a critical factor in ensuring objective decision-making. Additionally, the trust has implemented policies to manage conflicts of interest, as well as a whistleblower policy, indicating a commitment to ethical practices. Their financial indicators are favorable, with a liabilities to assets ratio of 0.00%, signaling strong financial stability.

However, while the charity demonstrates excellent governance and financial practices, further details about its programmatic impact and community engagement would provide a more comprehensive view of its effectiveness. The high program expense ratio of 100% suggests that the charity allocates all its funds toward its programs, which is commendable, but understanding the outcomes of these programs would enhance the assessment of its overall impact.


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

What do the Facebook reviews say about Alabama Family Charitable Trust Co Alabama Family Trust Corp?

Four reviews on Facebook reflect a positive sentiment towards Alabama Family Charitable Trust Co. Users have expressed that the organization is exceptional, highlighting the remarkable individuals involved.

Overall, the reviews suggest that the nonprofit is making a meaningful impact and is appreciated for its dedicated team. There is a strong sense of endorsement for the services they provide, indicating that the organization is well-regarded within the community.


This AI summary has been generated from reviews found on Facebook.

Is Alabama Family Charitable Trust Co Alabama Family Trust Corp legitimate?

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

For more financial information, click here


Official website here: www.alabamafamilytrust.com

What is the mission statement of Alabama Family Charitable Trust Co Alabama Family Trust Corp?

The mission of Alabama Family Charitable Trust Co Alabama Family Trust Corp, as stated, involves utilizing its assets to provide benefits to individuals who are affected by qualifying impairments. This organization is dedicated to supporting these individuals, providing them with necessary assistance to improve their lives. The exact nature of these impairments and the specific benefits offered are not specified in the provided data. However, the focus of the organization is clear: to make a positive impact on the lives of individuals with qualifying impairments.


Official website here: www.alabamafamilytrust.com

Who is the CEO of Alabama Family Charitable Trust Co Alabama Family Trust Corp?

Clayton Davis is the President of Alabama Family Charitable Trust Co Alabama Family Trust Corp.


Official website here: www.alabamafamilytrust.com

What is the revenue of Alabama Family Charitable Trust Co Alabama Family Trust Corp?

Alabama Family Charitable Trust Co Alabama Family Trust Corp's revenue in 2022 was $520,447.


Official website here: www.alabamafamilytrust.com

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


Here are 11 key members and their salaries:


Clayton Davis Trustee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Griffin Trustee (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wallace Davis Trustee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Walsh Trustee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Shepura (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
Lynn Campisi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latanya Rhines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Paluzzi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.alabamafamilytrust.com

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

Alabama Family Charitable Trust Co 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 Charitable Trust Co Alabama Family Trust Corp

Alabama Family Charitable Trust Co., also known as Alabama Family Trust Corp., is committed to providing benefits to individuals who are living with qualifying impairments. This nonprofit organization uses its assets to fulfill this mission, aiming to make a positive impact on the lives of those in need. By dedicating its resources to this cause, Alabama Family Charitable Trust Co. strives to improve the well-being and quality of life for these individuals, offering them much-needed support during challenging times.

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Impact




July, 2024

Alabama Family Charitable Trust Co Alabama Family Trust Corp's impact lies in providing benefits to individuals with qualifying impairments. Through their philanthropic efforts, they help improve the lives of those in need in Birmingham, Alabama. Their mission is centered around utilizing their assets to support individuals facing various challenges due to impairments. By offering necessary assistance and resources, they make a difference in the lives of these individuals, contributing to a more inclusive and supportive community.




This information is meant to be a general summary of Alabama Family Charitable Trust Co 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
$520,447 (2022)
Expenses
$191,901 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $180,284
  • Gross Receipts: $520,447

Assets and Liabilities:

  • Total Assets: $4,634,380
  • Total Liabilities: $0
  • Net Assets: $4,634,380

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Organization Details

Founding Year

1995

Principal Officer

Clayton Davis

Main Address

2057 VALLEYDALE RD 111, BIRMINGHAM, AL, 35244

NTEE Category

Code: T90 - Philanthropy

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