ALABAMA CAPITAL NETWORK INC

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Plain text ALABAMA CAPITAL NETWORK INC. furp.org, nonprofit organization profile, tax years 2023–2024. https://furp.org/org/alabama-capital-network-inc-874355000. Retrieved 2026-10-24.

APA furp.org. (n.d.). ALABAMA CAPITAL NETWORK INC [Nonprofit organization profile; tax years 2023–2024]. Retrieved October 24, 2026, from https://furp.org/org/alabama-capital-network-inc-874355000

MLA “ALABAMA CAPITAL NETWORK INC.” furp.org, tax years 2023–2024, https://furp.org/org/alabama-capital-network-inc-874355000. Accessed 24 Oct. 2026.

Retrieved 2026-10-24; covers tax years 2023–2024. Data: furp.org, CC BY 4.0.

2024 · Form 990 · revenue $375K · expenses $350K · assets $219K

EIN
87-4355000
Address
1914 4TH AVE N STE 430, BIRMINGHAM, AL 35203-3517
Website
https://alabamacapitalnetwork.com
NTEE code
S43
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
September 2022 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (public charity) Pub 78 ↗
Foundation status
Public charity, 509(a)(2)
Principal officer
Benzamin Choi (its 2022 Form 990-N)
Form 990-N e-postcards
1 filed, 2022 (organizations with gross receipts normally $50,000 or less file this instead of a full Form 990) IRS data ↗
Cross-check
ProPublica Nonprofit Explorer

Mission

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.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

1 person paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Benzamin Choi Executive Officer2023-2024 $165,584$279,584 1

Officers and directors, no compensation reported

6 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Charlie Perry Director2023-2024 1 $0 reported 1
Sanjay Singh Chairman2023-2024 1 $0 reported 1
William Goodrich Director2023-2024 1 $0 reported 1
William Terry Treasurer2023-2024 1 $0 reported 1
Ruffner Page Director2023-2024 1 $0 reported 1
Hayley Van Antwerp (former) Director2023 1 $0 reported 1

People by year

2024 · 6 people listed · 1 paid, $166K · 4 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Benzamin Choi Executive Officer40 $165,584$0$0 $165,5841
Charlie Perry Director1 $0$0$0 $01
Sanjay Singh Chairman1 $0$0$0 $01
William Goodrich Director1 $0$0$0 $01
William Terry Treasurer1 $0$0$0 $01
Ruffner Page Director1 $0$0$0 $01
2023 · 7 people listed · 1 paid, $114K · 6 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Benzamin Choi Executive Officer40 $114,000$0$0 $114,0001
Charlie Perry Director1 $0$0$0 $01
Hayley Van Antwerp Director1 $0$0$0 $01
Sanjay Singh Chairman1 $0$0$0 $01
William Goodrich Director1 $0$0$0 $01
William Terry Treasurer1 $0$0$0 $01
Ruffner Page Director1 $0$0$0 $01

Highest-paid independent contractors

No independent contractors reported.

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990 period ending 2024-12-31 · view filing · original 990 ↗
$374,507$349,999 $219,158$205,583 $401,792$0 $165,58440
2023 · Form 990 period ending 2023-12-31 · view filing · original 990 ↗
$430,100$345,242 $148,625$144,426 $430,100$0 $114,00060

Funders of this organization

1 grantor reported grants to this organization, $15,000 in all, tax years 2022 to 2022. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV

GrantorTypeMatchYears givenGrantsTotalLatest yearLatest year's amountGrants
ALTEC-STYSLINGER FOUNDATION INC Private foundation Fuzzy filed as “ALABAMA CAPITAL NETWORK” 2022 1$15,000 2022$15,000
show

Similar organizations

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
EBHM INCALS43 $238,430$147,288 DIRECTOR$0 Same NTEE code S43, revenue within 2x, same state, similar mission
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RISE NOW INCNYS43 $285,219$253,831 PRESIDENT$71,439 Same NTEE code S43, revenue within 2x, similar mission
SHES WELL NETWORKED INCMDS43 $190,406$168,951 President$65,940 Same NTEE code S43, revenue within 2x
EASTERN AMERICAN CERTIFIED DEVELOPMENT COMPANY INCNJS43 $351,377$474,528 PRESIDENT$71,467 Same NTEE code S43, revenue within 2x, similar mission
IOWA COMMUNITY CAPITALIAS43 $333,819$946,925 CEO$63,840 Same NTEE code S43, revenue within 2x
SMALL BUSINESS CAPITAL FUND OF MISISSIPPI INCMSS43 $254,035$243,773 EXECUTIVE DIRECTOR$72,000 Same NTEE code S43, revenue within 2x
SUSTAINABLE BUSINESS NETWORK OF MASSACHUSETTS INCMAS43 $428,246$567,305 PRESIDENT, CLERK & EXECUTI$0 Same NTEE code S43, revenue within 2x
FAMILY BUSINESS NETWORK USA INCILS43 $261,078$298,215 Executive Director$66,000 Same NTEE code S43, revenue within 2x
ENTREPRENEUR ALLIANCE INCTXS43 $339,823$314,261 CHAIR$0 Same NTEE code S43, revenue within 2x, similar mission
NORTH CENTRAL DEVELOPMENT CENTER INCNES43 $188,465$177,638 EXECUTIVE DI$60,145 Same NTEE code S43, revenue within 2x
PIEDMONT BUSINESS CAPITALNCS43 $446,116$1,042,664 Executive Director CEO$132,440 Same NTEE code S43, revenue within 2x
NICHE INCINS43 $322,461$218,002 Executive Director$120,000 Same NTEE code S43, revenue within 2x
GROWTH FACTORYCAS43 $497,298$385,476 MANAGING DIRECTOR$119,039 Same NTEE code S43, revenue within 2x, similar mission
CAPITAL REGION FAMILY BUSINESSCENTERCAS43 $228,751$213,049 PRESIDENT$0 Same NTEE code S43, revenue within 2x
IOWA CENTER LOAN FUNDIAS43 $369,185$369,185 PRESIDENT$147,256 Same NTEE code S43, revenue within 2x, similar mission
INDIAN PHARMACISTS ASSOCIATION OF CALIFORNIACAS43 $254,945$115,266 Director$0 Same NTEE code S43, revenue within 2x
OWATONNA INCUBATOR INCMNS43 $281,902$368,503 EXECUTIVE DI$101,250 Same NTEE code S43, revenue within 2x
WAREHOUSE BUSINESS ACCELERATORCOS43 $411,281$318,890 Executive Dir.$87,976 Same NTEE code S43, revenue within 2x, similar mission
TALKING TREE INCCAS43 $426,820$407,270 Executive Director$0 Same NTEE code S43, revenue within 2x
MNSBIR INCMNS43 $464,536$441,677 PRESIDENT AND CEO$148,382 Same NTEE code S43, revenue within 2x
FRONTIER FINANCIAL PARTNERS INCKSS43 $740,170$691,851 PRESIDENT$228,501 Same NTEE code S43, revenue within 2x
COMMONWISE EDUCATION INCNYS43 $314,772$625,235 Executive Dir.$30,769 Same NTEE code S43, revenue within 2x
WOMEN OF COLOR ENTREPRENEURS INCMAS43 $255,230$213,712 EXECUTIVE DIRECTOR$85,938 Same NTEE code S43, revenue within 2x
INTERNATIONAL UNION UNITED AUTOMIS43 $381,418$394,169 Financial Sec/Treas$11,102 Same NTEE code S43, revenue within 2x

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
JACKSON COMMUNITY FOUNDATION DAF sponsor$1,408,1083 12012–2020 ENTERPRISE GROUP COMMUNITY VENTURES CORPORATION
WALTON FAMILY FOUNDATION INC Private foundation$1,299,5002 12021–2022 VENTURE NOIRE INC
The Kendeda Fund Private foundation$1,025,0006 12020–2023 COMMONWISE EDUCATION INC
JPMORGAN CHASE FOUNDATION Private foundation$1,024,70014 52010–2024 COMMONWISE EDUCATION INC; HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION; ROCKFORD AREA STRATEGIC INITIATIVES; WEST CONTRA COSTA BUSINESS DEVELOPMENT CENTER and 1 more
EWING MARION KAUFFMAN FOUNDATION Private foundation$755,0008 32019–2024 VENTURE NOIRE INC; COLLIDER FOUNDATION; BLACK ENTREPRENEURS OF THE FLINT HILLS ASSOCIATION
ANNIE E CASEY FOUNDATION Private foundation$750,0006 22019–2024 HARBOR BANK OF MARYLAND COMMUNITY DEVELOPMENT CORPORATION; THREE SEED COLLECTIVE
HUTCHINSON COMMUNITY FOUNDATION DAF sponsor$672,4937 12011–2024 STARTUP HUTCH INC
ARIZONA COMMUNITY FOUNDATION DAF sponsor$643,67811 32014–2024 STARTUPAZ FOUNDATION; TOLANI LAKE ENTERPRISES INC; COMPASS CBS FOUNDATION
MARGARET M WALKER CHARITABLE FOUNDATION Private foundation$597,0008 12016–2025 LINDENPOINTE DEVELOPMENT CORPORATION
BANK OF AMERICA CHARITABLE FOUNDATION INC Private foundation$596,10727 72012–2023 IOWA COMMUNITY CAPITAL; LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION INC; MAINESTREAM FINANCE; WOMENS VENTURE FUND INC and 3 more
W K KELLOGG FOUNDATION Private foundation$550,0004 12018–2021 FUND 17
JUDD LEIGHTON FOUNDATION INC Private foundation$500,0002 12021–2023 CDFI FRIENDLY SOUTH BEND
KRESGE FOUNDATION Private foundation$490,0003 12021–2023 FUND 17
RICHLAND COUNTY FOUNDATION OF MANSFIELD DAF sponsor$411,0005 12018–2024 IDEA WORKS
AMERICAN ONLINE GIVING FOUNDATION INC DAF sponsor$344,0057 42019–2023 VETERANS ENTERPRISE TRAINING & SERVICES GROUP INC; EARLY STAGE MONTANA; BRICKS TO BREAD INTERNATIONAL; BLACK RETAIL ACTION GROUP INC

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990 · $349,999 spent · pay $284,832 · grants $0 · events $30,173
LineAs describedTotalProgramManagementFundraisingShare
Pay: officers, directors, trustees, key employees $165,584$124,188$41,396- 47.3%
Other salaries and wages $88,000$79,200$8,800- 25.1%
Fees: accounting $19,650$17,685$1,965- 5.6%
Payroll taxes $19,397$15,906$3,491- 5.5%
Other employee benefits $11,851$9,718$2,133- 3.4%
Advertising and promotion $10,991$9,892$1,099- 3.1%
Occupancy $9,589$8,630$959- 2.7%
Other (as described)Supplies $8,869$7,982$887- 2.5%
All other expenses $3,070$2,610$460- 0.9%
Other (as described)Dues and Subscriptions $2,956$2,660$296- 0.8%
Other (as described)Meals $2,707$2,436$271- 0.8%
Travel $2,369$2,132$237- 0.7%
Other (as described)Contract Labor $2,000$2,000$0- 0.6%
Office expenses $1,787$1,608$179- 0.5%
Insurance $1,179$1,061$118- 0.3%
Fundraising events Eventdirect expenses; gross income $2,871$30,173reported apart
Total$349,999100%

View the filing

2023 · Form 990 · $345,242 spent · pay $245,401 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Pay: officers, directors, trustees, key employees $114,000$85,500$28,500- 33.0%
Other salaries and wages $100,900$90,810$10,090- 29.2%
Advertising and promotion $36,401$32,761$3,640- 10.5%
Fees: accounting $20,500$18,450$2,050- 5.9%
Payroll taxes $17,522$14,368$3,154- 5.1%
Occupancy $16,666$14,999$1,667- 4.8%
Other employee benefits $12,979$10,643$2,336- 3.8%
Other (as described)Supplies $7,700$6,930$770- 2.2%
Other (as described)Dues and Subscriptions $7,102$6,392$710- 2.1%
Other (as described)Meals $4,181$3,763$418- 1.2%
Office expenses $3,553$3,198$355- 1.0%
Other (as described)Payroll Fees $1,755$1,439$316- 0.5%
Travel $932$839$93- 0.3%
Insurance $720$648$72- 0.2%
All other expenses $331$298$33- 0.1%
Total$345,242100%

View the filing

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