2024-11-15T14:17:16-06:00 2023-12-31 630590670 Kassouf & Co Inc 2101 Highland Ave S Suite 300 Birmingham AL 352054009 990 2023-01-01 874355000 Alabama Capital Network Inc ALAB 2052397152 PO Box 590081 Birmingham AL 352590081 Benzamin Choi CEO 2052397152 2024-11-11 1 0 Michael Kassouf P01328519 2054432500 2024-11-11 2023 2024-10-15 13:58:12Z Benzamin Choi PO Box 590081 Birmingham AL 352590081 430100 0 X https://alabamacapitalnetwork.com/ X 2021 AL To assist start-up companies and early stage entrepreneurs within Alabama gain access to education, capital and technical assistance. 6 6 6 0 0 0 511357 430100 0 0 0 0 0 0 511357 430100 0 0 0 0 302211 245401 0 0 0 187287 99841 489498 345242 21859 84858 62167 148625 2599 4199 59568 144426 Alabama Capital Network, Inc. provides start-up companies and early stage entrepreneurs with access to education, capital and technical assistance to further aid the broader community by supporting local economic development and education. 0 0 291038 430100 Alabama Capital Network (ACN) works with business incubators, accelerators, and university tech transfer offices to coordinate resources related to coaching and supporting startup companies. This includes coaching around business plan development, fundraising, finding early customers, tweaking sales & marketing strategies, and more. ACN focuses on helping these companies develop to a position of maturity where they can raise additional funding to support scalable growth ACN evaluates over 350 startup pitch presentations each year. These come from pitch competitions, university programs, incubator residents, conferences, university programs, and unsolicited pitches being submitted on the ACN website. Wherever possible, ACN provides feedback to each startup relating to how they can best grow their company and improve the likelihood of receiving funding. The best of these companies are then presented in regular Showcase events similar to the TV show Shark Tank, where investors in the audience may opt to invest in the companies presenting. ACN does not make investment recommendations, but instead focuses on making introductions and connections that support the entrepreneurs. ACN works with the best startups it identifies to make connections to corporations that may become customers, investors, or supply chain partners. This has already resulted in numerous contracts being achieved by the startups, which furthers their growth as a company. This has been particularly impactful where ACN works with startups in rural areas and connects them to larger corporations in larger cities that might otherwise not be accessible. 291038 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 6 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 1 1 0 AL X John North 2059153104 104 Heritage Circle Birmingham AL 35213 Charlie Perry Director 1.00 X 0 0 0 Hayley Van Antwerp Director 1.00 X 0 0 0 Sanjay Singh Chairman 1.00 X X 0 0 0 William Goodrich Director 1.00 X 0 0 0 William Terry Treasurer 1.00 X X 0 0 0 Ruffner Page Director 1.00 X 0 0 0 Benzamin Choi Executive Officer 40.00 X 114000 0 0 114000 0 0 1 0 0 0 0 430000 100 430100 430100 0 0 0 114000 85500 28500 100900 90810 10090 12979 10643 2336 17522 14368 3154 20500 18450 2050 36401 32761 3640 3553 3198 355 16666 14999 1667 932 839 93 720 648 72 Supplies 7700 6930 770 Dues and Subscriptions 7102 6392 710 Meals 4181 3763 418 Payroll Fees 1755 1439 316 331 298 33 345242 291038 54204 0 62167 147575 1050 62167 148625 2599 4199 2599 4199 X 59568 144426 59568 144426 62167 148625 84858 0 X 0 0 0 X 33708 516357 430100 980165 33708 516357 430100 980165 980165 980165 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990, Part VI, Section B, line 11b The governing body is provided a draft of the form 990 for review and approval. Form 990, Part VI, Section B, line 15 The Board will approve all compensation arrangements in advance and document such arrangements in writing. The Board shall review its compensation arragements periodically. Form 990, Part VI, Section C, line 19 All information is available for inspection upon request at the organization's office.