2025-11-17T10:46:19-06:00 2023-12-31 630813240 PEARCE BEVILL LEESBURG MOORE PC 110 OFFICE PARK DR BIRMINGHAM AL 35223 990 2023-01-01 311467418 PARKINSON ASSOCIATION OF ALABAMA INC PARK 8334735465 837 ABERLADY PL BIRMINGHAM AL 35242 BIBBY BAILEY EXECUTIVE DIRECTOR 8334735465 2025-11-13 1 0 MATT ANDREWS P01265227 2053235440 2025-11-13 2023 2025-03-06 01:10:19Z X BIBBY BAILEY 837 ABERLADY PL BIRMINGHAM AL 35242 921630 0 X WWW.PARKINSONALABAMA.ORG X 1978 AL THE PARKINSON ASSOCIATION OF ALABAMA IS A 501(C)3 NONPROFIT ORGANIZATION COMMITTED TO IMPROVING THE QUALITY OF LIFE FOR PARKINSON PATIENTS, THEIR CAREGIVERS, AND FAMILIES THROUGHOUT THE STATE OF ALABAMA. 20 20 5 20 0 0 493315 763881 0 0 491 79227 -36289 22187 457517 865295 0 0 0 0 137780 142361 0 0 56758 140338 473478 278118 615839 179399 249456 788970 3143973 264065 2369612 524905 774361 X IMPROVING THE QUALITY OF LIFE FOR PARKINSON PATIENTS, THEIR CAREGIVERS, AND FAMILIES THROUGHOUT THE STATE OF ALABAMA. 0 0 37371 FUNDS DONATED TO UAB'S PARKINSON DISEASE CENTER FOR FUNDING OF RESEARCH. 265224 LONG-COVID STUDY 151204 151204 453799 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 5 1 0 0 0 0 0 1 1 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X BIBBY BAILEY 8334735465 PO BOX 590146 BIRMINGHAM AL 35259 BRIAN CORBETT PRESIDENT 1.00 X 0 0 0 ED FINCH VICE PRESIDENT 1.00 X 0 0 0 GARY ELLIS DIRECTOR 1.00 X 0 0 0 JOE HAWLEY TREASURER 1.00 X 0 0 0 ROBBY HAZARD DIRECTOR 1.00 X 0 0 0 TERI HENLEY DIRECTOR 1.00 X 0 0 0 CLARENCE POUNCEY DIRECTOR 1.00 X 0 0 0 HENRY RAY DIRECTOR 1.00 X 0 0 0 LAMAR CLARK DIRECTOR 1.00 X 0 0 0 KATE COTTON DIRECTOR 1.00 X 0 0 0 ASHLEY HARMS DIRECTOR 1.00 X 0 0 0 MICHAEL FITTS DIRECTOR 1.00 X 0 0 0 ALICE MAJOR DIRECTOR 1.00 X 0 0 0 GEORGE NEWTON DIRECTOR 1.00 X 0 0 0 CHRISTINA VAN DER HULST DIRECTOR 1.00 X 0 0 0 MICHAEL VAUGHN DIRECTOR 1.00 X 0 0 0 LLOYD WILSON DIRECTOR 1.00 X 0 0 0 KEN CATER EMERITUS DIRECTOR 1.00 X 0 0 0 JAMIE LANEY EMERITUS DIRECTOR 1.00 X 0 0 0 RUSTY STEWART EMERITUS DIRECTOR 1.00 X 0 0 0 BIBBY BAILEY EXECUTIVE DIRECTOR 40.00 X 80327 0 0 80327 0 0 0 0 0 0 0 265224 498657 763881 79227 79227 71788 56335 15453 15453 MISCELLANEOUS 900099 6734 6734 6734 865295 6734 0 94680 80327 32131 24098 24098 56430 22572 16929 16929 5604 2242 1681 1681 26983 26983 25954 20763 5191 17560 8780 8780 2839 2271 568 6289 5031 1258 4662 4662 13175 13175 5672 5672 RESEARCH AND DEVELOPMEN 265224 265224 CONTRACT SERVICES 58289 44239 14050 RESEARCH DONATIONS AND 37371 37371 BANK CHARGES 6416 6416 3044 3044 615839 453799 105282 56758 694042 3086592 71872 40000 7500 69048 59167 23056 9881 788970 3143973 7851 4836 256214 130000 2234776 264065 2369612 X 289488 567642 235417 206719 524905 774361 788970 3143973 249456 0 X X 0 1 X 1 0 X 211130 324452 276384 493315 835669 2140950 211130 324452 276384 493315 835669 2140950 2140950 496 1 3 491 79227 80218 852 6734 7586 2228754 0.96060 0.98940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 69048 59167 9881 9881 X 3156406 0 3156406 -2291111 -2291111 865295 672174 56335 56335 615839 0 615839 PART X, LINE 2: THE ASSOCIATION IS A NOT-FOR-PROFIT CORPORATION FORMED PURSUANT TO THE NOT-FOR-PROFIT PROVISIONS OF THE STATE OF ALABAMA AND IS EXEMPT FROM TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION HAS IMPLEMENTED THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. THE ASSOCIATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION FILES AN ANNUAL FORM 990 WITH THE INTERNAL REVENUE SERVICES AND ITS INFORMATION RETURNS FOR THE YEAR 2020 AND SUBSEQUENT YEARS REMAIN SUBJECT TO EXAMINATION BY TAX AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 2024 PRIOR PERIOD ADJUSTMENT REFERENCES IN SCH O PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES PART X, LINE 2: THE ASSOCIATION IS A NOT-FOR-PROFIT CORPORATION FORMED PURSUANT TO THE NOT-FOR-PROFIT PROVISIONS OF THE STATE OF ALABAMA AND IS EXEMPT FROM TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION HAS IMPLEMENTED THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. PAA HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION FILES AN ANNUAL FORM 990 WITH THE INTERNAL REVENUE SERVICES AND ITS INFORMATION RETURNS FOR THE YEAR 2020 AND SUBSEQUENT YEARS REMAIN SUBJECT TO EXAMINATION BY TAX AUTHORITIES. TASTE FOR A CURE 40015 40015 17559 COCKTAIL DINNER 17107 17107 13163 2 14666 14666 33113 71788 71788 63835 63835 7953 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE QUALITY OF LIFE FOR PATIENTS, CAREGIVERS, AND FAMILIES AFFECTED BY PARKINSON'S DISEASE IN THE STATE OF ALABAMA. PAA PROVIDES SUPPORT, DISTRIBUTES INFORMATION, INCREASES AWARENESS, AMPLIFIES LOCAL PROGRAMS, ENCOURAGES COLLABORATION, AND SUPPORTS RESEARCH TO LEAD TO NEW AND IMPROVED TREATMENTS FOR PARKINSON'S DISEASE THAT WILL ULTIMATELY LEAD TO A CURE. FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: OTHER PROGRAM SERVICE EXPENSES EXPENSES $ 151,204. INCLUDING GRANTS OF $ 0. REVENUE $ 0. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS REVIEWED BY THE OFFICERS OF THE ORGANIZATION BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. 990, PART XII, LINE 2C: THERE WERE NO CHANGES TO THE PROCESS DURING THE YEAR. FORM 990 SECTION B AMENDED RETURN THIS RETURN HAS BEEN AMENDED TO REFLECT A PRIOR PERIOD ADJUSTMENT MADE ON THE DECEMBER 31, 2024 AUDITED FINANCIAL STATEMENTS. DURING 2023 THE ASSOCIATION RECEIVED A $2,500,000 BUDGET APPROPRIATION FROM THE STATE OF ALABAMA TO CONDUCT A LONG COVID RESEARCH STUDY ON ADULTS WHO SUFFER FROM NEUROCOGNITIVE AND MOVEMENT DISORDERS. AT THE TIME OF RECEIPT OF THE MONEY THE ASSOCIATION ERRONEOUSLY CONCLUDED THE APPROPRIATION WAS UNCONDITIONAL AND RECOGNIZED THE ENTIRE $2,500,000 AS REVENUE WHEN IT WAS RECEIVED. DURING 2024 MANAGEMENT MADE THE DETERMINATION THAT THE APPROPRIATION IS CONDITIONAL. THEY DETERMINED THAT THE FUNDS CAN ONLY BE USED FOR THIS SPECIFIC PURPOSE AND IF NOT SPENT THEY WOULD HAVE TO WORK WITH THE STATE TO ALLOCATE THE FUNDS FOR AN ALTERNATIVE PURPOSE OR GIVE ANY UNUSED FUNDS BACK TO THE STATE. MANAGEMENT DETERMINED THE ENTIRE AMOUNT SHOULD HAVE BEEN DEFERRED WHEN IT WAS RECEIVED IN 2023, AND THE REVENUE SHOULD BE RECOGNIZED AS THE ASSOCIATION INCURS EXPENSES RELATED TO THE STUDY. DURING 2023 $265,224 WAS SPENT BY THE ASSOCIATION ON THE STUDY. $2,234,776 SHOULD HAVE BEEN SHOWN AS DEFERRED REVENUE ON THE ASSOCIATION'S 2023 STATEMENT OF FINANCIAL POSITION.