SourcePointeHR

4.1★★★★☆(8 reviews)

1101 Hillcrest Rd #200, Mobile, AL 36695

Mobile, Alabama, United States

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Business facts

Estimated annual revenue~$894.2K
Estimated employees~15
Annual payroll (2020)~$246.2K
In business since2003
Based on reported payroll data

Area statistics (36695)

Population51,877
Median household income$72,825
Source: US Census ACS

About

SourcePointeHR is a premier HR Administration provider that offers reliable, accurate payroll services, human resource expertise, and workers comp solutions. Founded in 2003, the company is committed to providing a personalized, expert, and affordable alternative to traditional Payroll & HR Management. SourcePointeHR aims to reduce labor costs by 33% or more, while eliminating the time, expense, and headaches of "do-it-yourself" Payroll & HR. With a hands-on approach and a focus on customer service, SourcePointeHR has helped hundreds of businesses increase profits, limit liability, and achieve success.

Wheelchair Accessible
Parking, Yes
Categories: Business to Business Service, Payroll Service, Human Resource Consulting, Business Administration Service.
ISIC Codes: 7020, 7830.

Market analysis

Earning below its category median in a growing category (Business to Business Service).

EstimateCategory trend: 2024, +3.8%

Revenue trend (modeled)

~$512.3K2019
~$550.5K2020
~$626.8K2021
~$736.1K2022
~$831.8K2023
~$894.2K2024
Modeled from official industry statistics+11.8%/yr since 201980% confidence band: ±42%

Company profile

Incorporated2011 (AL)
Observed

Property

Lot size0.33 acres
CountyMobile
On this lotshared with 2 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$51.3K · 4 jobs reported · implies ~$246.2K annual payroll · $51.8K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Business to Business Service in Alabama651~$2.3B~$3.6M~$1.1M4.7★0.8×
Category revenue trend2024: +3.8%2023: +4.6%2022: +13.1%2021: +12.8%Modeled from business-level estimates
Chain pressure4 chains expanding in this category, led by Verizon Business Services, Talladega Co Dhr, Pinchin LLC. | Decatur (+42 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)268~$421.5M~$1.6M~$601.6K1,337~$122.0M1.5×
Professional, scientific and technical activities22~$56.4M~$2.6M200
Administrative and support service activities7~$14.2M~$2.0M49

1 km area (all businesses): median from the 250 of 268 businesses with estimates

Estimate

Area conditions (36695)

Population51,877 ±2,892
Median household income$72,825 ±$5,773
Median home value$222,700
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS
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