ALABAMA CAPITAL NETWORK INC
Cite this
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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Benzamin Choi | Executive Officer | 2023-2024 | $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.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Charlie Perry | Director | 2023-2024 | 1 | $0 reported | 1 |
| Sanjay Singh | Chairman | 2023-2024 | 1 | $0 reported | 1 |
| William Goodrich | Director | 2023-2024 | 1 | $0 reported | 1 |
| William Terry | Treasurer | 2023-2024 | 1 | $0 reported | 1 |
| Ruffner Page | Director | 2023-2024 | 1 | $0 reported | 1 |
| Hayley Van Antwerp (former) | Director | 2023 | 1 | $0 reported | 1 |
People by year
2024 · 6 people listed · 1 paid, $166K · 4 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Benzamin Choi | Executive Officer | 40 | $165,584 | $0 | $0 | $165,584 | 1 |
| Charlie Perry | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Sanjay Singh | Chairman | 1 | $0 | $0 | $0 | $0 | 1 |
| William Goodrich | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| William Terry | Treasurer | 1 | $0 | $0 | $0 | $0 | 1 |
| Ruffner Page | Director | 1 | $0 | $0 | $0 | $0 | 1 |
2023 · 7 people listed · 1 paid, $114K · 6 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Benzamin Choi | Executive Officer | 40 | $114,000 | $0 | $0 | $114,000 | 1 |
| Charlie Perry | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Hayley Van Antwerp | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Sanjay Singh | Chairman | 1 | $0 | $0 | $0 | $0 | 1 |
| William Goodrich | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| William Terry | Treasurer | 1 | $0 | $0 | $0 | $0 | 1 |
| Ruffner Page | Director | 1 | $0 | $0 | $0 | $0 | 1 |
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.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990 | ||||||||
| $374,507 | $349,999 | $219,158 | $205,583 | $401,792 | $0 | $165,584 | 4 | 0 |
| 2023 · Form 990 | ||||||||
| $430,100 | $345,242 | $148,625 | $144,426 | $430,100 | $0 | $114,000 | 6 | 0 |
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
| Grantor | Type | Match | Years given | Grants | Total | Latest year | Latest year's amount | Grants |
|---|---|---|---|---|---|---|---|---|
| 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)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| EBHM INC | AL | S43 | $238,430 | $147,288 | DIRECTOR | $0 | Same NTEE code S43, revenue within 2x, same state, similar mission |
| BIRMINGHAM CONSTRUCTION INDUSTRY AUTHORITY INC | AL | S43 | $304,120 | $369,327 | MEMBER | $0 | Same NTEE code S43, revenue within 2x, same state |
| RISE NOW INC | NY | S43 | $285,219 | $253,831 | PRESIDENT | $71,439 | Same NTEE code S43, revenue within 2x, similar mission |
| SHES WELL NETWORKED INC | MD | S43 | $190,406 | $168,951 | President | $65,940 | Same NTEE code S43, revenue within 2x |
| EASTERN AMERICAN CERTIFIED DEVELOPMENT COMPANY INC | NJ | S43 | $351,377 | $474,528 | PRESIDENT | $71,467 | Same NTEE code S43, revenue within 2x, similar mission |
| IOWA COMMUNITY CAPITAL | IA | S43 | $333,819 | $946,925 | CEO | $63,840 | Same NTEE code S43, revenue within 2x |
| SMALL BUSINESS CAPITAL FUND OF MISISSIPPI INC | MS | S43 | $254,035 | $243,773 | EXECUTIVE DIRECTOR | $72,000 | Same NTEE code S43, revenue within 2x |
| SUSTAINABLE BUSINESS NETWORK OF MASSACHUSETTS INC | MA | S43 | $428,246 | $567,305 | PRESIDENT, CLERK & EXECUTI | $0 | Same NTEE code S43, revenue within 2x |
| FAMILY BUSINESS NETWORK USA INC | IL | S43 | $261,078 | $298,215 | Executive Director | $66,000 | Same NTEE code S43, revenue within 2x |
| ENTREPRENEUR ALLIANCE INC | TX | S43 | $339,823 | $314,261 | CHAIR | $0 | Same NTEE code S43, revenue within 2x, similar mission |
| NORTH CENTRAL DEVELOPMENT CENTER INC | NE | S43 | $188,465 | $177,638 | EXECUTIVE DI | $60,145 | Same NTEE code S43, revenue within 2x |
| PIEDMONT BUSINESS CAPITAL | NC | S43 | $446,116 | $1,042,664 | Executive Director CEO | $132,440 | Same NTEE code S43, revenue within 2x |
| NICHE INC | IN | S43 | $322,461 | $218,002 | Executive Director | $120,000 | Same NTEE code S43, revenue within 2x |
| GROWTH FACTORY | CA | S43 | $497,298 | $385,476 | MANAGING DIRECTOR | $119,039 | Same NTEE code S43, revenue within 2x, similar mission |
| CAPITAL REGION FAMILY BUSINESSCENTER | CA | S43 | $228,751 | $213,049 | PRESIDENT | $0 | Same NTEE code S43, revenue within 2x |
| IOWA CENTER LOAN FUND | IA | S43 | $369,185 | $369,185 | PRESIDENT | $147,256 | Same NTEE code S43, revenue within 2x, similar mission |
| INDIAN PHARMACISTS ASSOCIATION OF CALIFORNIA | CA | S43 | $254,945 | $115,266 | Director | $0 | Same NTEE code S43, revenue within 2x |
| OWATONNA INCUBATOR INC | MN | S43 | $281,902 | $368,503 | EXECUTIVE DI | $101,250 | Same NTEE code S43, revenue within 2x |
| WAREHOUSE BUSINESS ACCELERATOR | CO | S43 | $411,281 | $318,890 | Executive Dir. | $87,976 | Same NTEE code S43, revenue within 2x, similar mission |
| TALKING TREE INC | CA | S43 | $426,820 | $407,270 | Executive Director | $0 | Same NTEE code S43, revenue within 2x |
| MNSBIR INC | MN | S43 | $464,536 | $441,677 | PRESIDENT AND CEO | $148,382 | Same NTEE code S43, revenue within 2x |
| FRONTIER FINANCIAL PARTNERS INC | KS | S43 | $740,170 | $691,851 | PRESIDENT | $228,501 | Same NTEE code S43, revenue within 2x |
| COMMONWISE EDUCATION INC | NY | S43 | $314,772 | $625,235 | Executive Dir. | $30,769 | Same NTEE code S43, revenue within 2x |
| WOMEN OF COLOR ENTREPRENEURS INC | MA | S43 | $255,230 | $213,712 | EXECUTIVE DIRECTOR | $85,938 | Same NTEE code S43, revenue within 2x |
| INTERNATIONAL UNION UNITED AUTO | MI | S43 | $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).
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
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 Event | direct expenses; gross income $2,871 | $30,173 | reported apart | |||
| Total | $349,999 | 100% |
2023 · Form 990 · $345,242 spent · pay $245,401 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $345,242 | 100% |
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