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Filing year 2024

PROFESSIONAL AND BUSINESS ASSOCIATION

Collegedale, Tennessee·EIN 62-6081777·3
Total revenue
$1M
Total assets
$20.4M
Total expenses
$826k
Reported officers
12
Mission

TO PROVIDE CAPITAL IN THE FORM OF LOANS AT REASONABLE RATES TO CHURCHES AND CHURCH SCHOOLS FOR THE PURPOSE OF NEW AND REPLACEMENT CONSTRUCTION. CAPITAL IS ACCUMULATED THROUGH LOANS MADE TO THE ORGANIZATION BY MEMBERS AND OTHERS. THE ORGANIZATION ALSO MAKES OCCASIONAL DIRECT GRANTS TO THE LOCAL CONFERENCE OF CHURCHES TO ASSIST IN DEVELOPMENT.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Treasurer
officer (unspecified)
$823
$873

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Financial trend

Revenue and expenses over time

PROFESSIONAL AND BUSINESS ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$712k
$585k
2023
$1M
$826k
2024
Total revenue and total expenses from IRS Form 990 filings.
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