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Sabre Finance

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 465457673 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

Overview

What is Sabre Finance?

Sabre Finance is a nonprofit organization situated in Birmingham, Alabama, specifically at 2 20th Street N 1150, with a mission to foster economic growth. They accomplish this by offering financial and technical support to small and medium-sized businesses, with a particular focus on those looking to establish or expand their operations in economically distressed areas, not just in Alabama but also within the Birmingham region. The organization employs a team of eight individuals to carry out this mission.


Official website here: www.sabrefinance.org

Is Sabre Finance legitimate?

Sabre Finance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sabre Finance submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $583,808

For more financial information, click here


Official website here: www.sabrefinance.org

What is the mission statement of Sabre Finance?

Sabre Finance's mission is centered around fostering economic growth. They achieve this by offering financial and technical assistance to small and medium-sized businesses, with a focus on those looking to establish or expand their operations in economically disadvantaged areas, not just in Alabama as a whole, but specifically in the Birmingham region. Their goal is to contribute to the revitalization of these areas by supporting the growth of businesses within them.


Official website here: www.sabrefinance.org

Who is the CEO of Sabre Finance?

Ray Morris is the President of Sabre Finance. The CEO's salary of Sabre Finance is $0 and their total compensation is $0.


Official website here: www.sabrefinance.org

What is the revenue of Sabre Finance?

Sabre Finance's revenue in 2022 was $1,767,213.


Official website here: www.sabrefinance.org

Who are the executives of Sabre Finance and what are their salaries?

The average compensation at Sabre Finance during 2022 was $72,976. There are 8 employees at Sabre Finance.

Here are 8 key members and their salaries (Sabre Finance's CEO's salary is $0 and their total compensation is $0):

    Jim Byram (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • T Ray Mauldin (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Akhlaque Haque Phd (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Ball (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Crane (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Reynolds (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Morris Phd (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian O'Dell (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sabrefinance.org

    Where can I find the form 990 for Sabre Finance?

    The Sabre Finance’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sabrefinance.org

    Learn more at the official website: www.sabrefinance.org

    Mission Statement of Sabre Finance

    Sabre Finance is an organization dedicated to stimulating economic growth by offering financial and technical assistance to small and medium-sized businesses. Their primary focus is on businesses that are either located in or are considering relocating to economically distressed areas, not just within Alabama, but specifically in the Birmingham region as well. By providing these resources, Sabre Finance aims to contribute to the overall development and revitalization of these communities.

    Impact

    This information is meant to be a general summary of Sabre Finance. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Sabre Finance plays a crucial role in stimulating economic development in distressed areas of Alabama, particularly in the Birmingham region. By providing financial and technical assistance to small and medium-sized businesses, Sabre Finance is actively supporting the growth and success of local businesses. This assistance helps to create job opportunities, improve the overall economic health of the community, and contribute to the revitalization of distressed areas. Sabre Finance's impact is significant in driving economic growth and fostering prosperity in underserved communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,042
  • Program Service Revenue: $297,616
  • Gross Receipts: $1,876,617

    • Assets and Liabilities:
  • Total Assets: $6,932,040
  • Total Liabilities: $3,251,234
  • Net Assets: $3,680,806
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Interest from Loans

    Revenue

    $243,162

    Fees from Loans

    Revenue

    $54,454

    Organization Details

    Founding Year

    2014

    Principal Officer

    Ray Morris

    Main Address

    2 20th Street N 1150, Birmingham, AL, 35203

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Sabre Finance and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.