TO UNDERTAKE, PROMOTE, DEVELOP AND CARRY ON CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL WORK, PRIMARILY BY OBTAINING SUPPORT FROM THE PUBLIC TO FUND THE AWARD OF SCHOLARSHIPS TO APPROVED APPLICANTS.
HOOVER AREA CHAMBER OF COMERCE FOUNDATION is a based in HOOVER, AL, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in November 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,432,961 among 2,656,690 nonprofits nationally (Top 54%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 19,980 out of 35,672 organizations in AL (Top 56%).
In jefferson county, AL, the organization ranks 4,190 out of 7,262 nonprofits by assets (Top 58%), while locally in hoover, it stands at 287 among 536 organizations (Top 51%).
The organization reported no revenue in the most recent filing period, placing it at 1,407,459 nationally and 13,446 in AL.
Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, HOOVER AREA CHAMBER OF COMERCE FOUNDATION ranks 23,435 in assets (Top 74%) and 18,051 in revenue (Top 57%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2020 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
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