Civic Intelligence

Chattanooga Chamber Foundation

990 • Fiscal year 2015 • EIN 23-7032834

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 13, 2015

Organization ProfileCHATTANOOGACHAMBER.COM
811 Broad St Suite 100Chattanooga, TN 37402

(423) 756-2121

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.05x

Higher debt load relative to assets than 30% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

31st percentile

0.08x

Higher debt load relative to revenue than 31% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

83rd percentile

$238,468

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

85th percentile

21%

Faster asset growth than 85% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

97th percentile

209%

Faster revenue growth than 97% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$9,885,543

Up $1,723,021 (+21%) from 2014

Net Assets

Up

$9,389,578

Up $1,991,714 (+27%) from 2014

Liabilities

Down

$495,965

Down $268,693 (-35%) from 2014

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin86th percentile

Revenue

Up

$5,901,142

Up $3,990,169 (+209%) from 2014

Expenses

Up

$3,896,729

Up $141,814 (+3.8%) from 2014

Net Income

Up

$2,004,413

Up $3,848,355 (+209%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2014: $8,162,522Liabilities 2014: $764,658Net Assets 2014: $7,397,8642014Assets 2015: $9,885,543Liabilities 2015: $495,965Net Assets 2015: $9,389,5782015Assets 2016: $8,659,438Liabilities 2016: $498,792Net Assets 2016: $8,160,6462016Assets 2017: $7,755,983Liabilities 2017: $724,207Net Assets 2017: $7,031,7762017Assets 2018: $6,702,107Liabilities 2018: $666,334Net Assets 2018: $6,035,7732018Assets 2019: $6,582,404Liabilities 2019: $444,130Net Assets 2019: $6,138,2742019Assets 2020: $6,219,517Liabilities 2020: $1,222,566Net Assets 2020: $4,996,9512020Assets 2021: $7,015,826Liabilities 2021: $1,064,662Net Assets 2021: $5,951,1642021Assets 2022: $7,823,041Liabilities 2022: $2,157,331Net Assets 2022: $5,665,7102022Assets 2023: $7,846,474Liabilities 2023: $1,771,306Net Assets 2023: $6,075,1682023Assets 2024: $7,394,296Liabilities 2024: $1,704,356Net Assets 2024: $5,689,9402024

Highlighted filing

2015

Assets$9,885,543
Liabilities$495,965
Net Assets$9,389,578
Open 2015 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $1,910,973Expenses 2014: $3,754,915Net Income 2014: -$1,843,9422014Revenue 2015: $5,901,142Expenses 2015: $3,896,729Net Income 2015: $2,004,4132015Revenue 2016: $3,585,921Expenses 2016: $4,792,261Net Income 2016: -$1,206,3402016Revenue 2017: $2,967,420Expenses 2017: $4,114,524Net Income 2017: -$1,147,1042017Revenue 2018: $2,846,436Expenses 2018: $3,841,427Net Income 2018: -$994,9912018Revenue 2019: $4,298,940Expenses 2019: $4,244,210Net Income 2019: $54,7302019Revenue 2020: $4,249,976Expenses 2020: $3,966,699Net Income 2020: $283,2772020Revenue 2021: $5,758,264Expenses 2021: $4,874,979Net Income 2021: $883,2852021Revenue 2022: $4,207,159Expenses 2022: $4,465,977Net Income 2022: -$258,8182022Revenue 2023: $5,902,246Expenses 2023: $5,527,535Net Income 2023: $374,7112023Revenue 2024: $5,705,485Expenses 2024: $6,117,298Net Income 2024: -$411,8132024

Highlighted filing

2015

Revenue$5,901,142
Expenses$3,896,729
Net Income$2,004,413
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$6,315,050
Mission and Program Overview

Mission

Education regarding matters of public concern to improve the quality and increase the quantity of economic growth and employment opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$2,290,286$4,036,280▲ $1,745,994
Land, Buildings, and Equipment, Net$3,067,991$3,208,534▲ $140,543
Savings and Temporary Cash Investments$1,582,483$1,582,949▲ $466
Cash and Non-Interest-Bearing Accounts$736,633$623,065▼ $113,568
Investments in Publicly Traded Securities$161,011$148,311▼ $12,700
Accounts Receivable$166,795$129,213▼ $37,582
Prepaid Expenses and Deferred Charges$47,735$32,860▼ $14,875
Total Assets$8,162,522$9,885,543▲ $1,723,021
Other Assets Total$109,588$124,331▲ $14,743
Liabilities
Accounts Payable and Accrued Expenses$398,549$257,190▼ $141,359
Unsecured Notes Loans Payable$275,068$207,287▼ $67,781
Escrow Account Liability$25,222$22,047▼ $3,175
Deferred Revenue$65,819$9,441▼ $56,378
Total Liabilities$764,658$495,965▼ $268,693
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,487,441$7,383,884▲ $4,896,443
Unrestricted Net Assets$4,910,423$2,005,694▼ $2,904,729
Total Net Assets Fund Balance$7,397,864$9,389,578▲ $1,991,714
Total Liabilities and Net Assets / Fund Balance$8,162,522$9,885,543▲ $1,723,021

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,809,524$644,448-
Other Land Buildings$77,916$380,274-
Land$144,300--
Equipment$176,794$322,306-
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles WoodV/p Economic DevelopmentFT$148,611$991$149,602
Ron HarrPresident/CEOPT$95,558$47,378$142,936
William KillbridePresident/CEOPT$32,778$21,853$54,631

Board Members and Trustees

NameTitle
Alexis BogoDirector
Larry BuieDirector
Michael MathisDirector
Mike SarvisDirector
Paul F BrockDirector
Rick MckenneyDirector
Roy VaughnDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Mcbride Dale & AssocConsulting Services5725 DRAGON WAY STE 220, Cincinnati, OH 45227$620,629
Resource Development Group INCConsulting Services2841 WICKLIFE RD, Upper Arlington, OH 43221$179,348
Communications Resources INCTelephone Services6026 SHALLOWFORD ROAD PO BOX 22145, Chattanooga, TN 37422$104,302
Revenue and Support

Revenue Composition

Contributions and Grants
$4,909,142
Program Service Revenue
$866,863
Investment Income
$3,180
Other Revenue
$121,957
All Other Contributions
$3,535,752
Change in Net Assets
$2,004,413

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,315,050
Revenue Not Reported on Financial Statements
$-413,908
Revenue Not Reported on Form 990
$-12,699
Other Revenue Adjustments
$-413,908
Total Revenue per Audited Statements
$6,302,351
Total Revenue per Form 990
$5,901,142
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,006,662
Salaries, Compensation, and Employee Benefits$1,890,067
Total Fundraising Expense$186,441
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,073,131$89,692$15,962$1,178,785
Fees for Services Other$381,802$20,224$140,000$542,026
Advertising$340,403$750-$341,153
Current Officers, Directors, Trustees, and Key Employees$307,725$25,720$4,576$338,021
Occupancy$191,434$64,454-$255,888
Travel$95,464$35,208$16,900$147,572
Other Employee Benefits$124,828$11,482-$136,310
Depreciation Depletion-$132,898-$132,898
Pension Plan Contributions$117,893$8,238$2,441$128,572
All Other Expenses$117,637$-3,511-$114,126
Payroll Taxes$97,109$8,681$2,589$108,379
Office Expenses$54,813$12,020$576$67,409
Information Technology$10,665$39,098-$49,763
Other Expenses$40,935$4,697$750$45,632
Fees for Services Legal$14,210--$14,210
Fees for Services Accounting$11,504$1,879-$13,383
Conferences and Meetings$13,281--$13,281
Insurance$7,762$1,941-$9,703
Total Functional Expenses$3,254,976$455,312$186,441$3,896,729

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,310,637
Expenses per Audited Statements$3,896,729
Total Expenses per Form 990$3,896,729
Expenses Not Reported on Form 990$413,908
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The organization announces to the board when the form 990 is available, and makes it available for review upon request.”

Form 990, Part VI, Section B, Line 12C

“Conflicts due to business relationships are documented on dislosure form. Each director is expected to self-report conflicts of interest that might affect topics coming up for vote, and to abstain from such votes. The chairman of the board of directors enforces the policy.”

Form 990, Part VI, Section B, Line 15A

“Annual performance reviews compare performance to requirements of job descriptions and agreed upon and documented goals established at the beginning of the appraisal period. For management other than the ceo, recommendations for salary increases are submitted by ceo after review against comparability data and then reviewed by cfo against comparability data and available compensation pool. For the ceo's salary, the cfo submits to the board's compensation committee historical salary data and performance bonus history as well as benchmark salary surveys that are pertinent. A study typically used for this purpose is done by the american chamber of commerce executives which gives benchmarks for chambers based on community size and revenue levels. The ceo meets with the compensation committee to discuss accomplishments and atainment of benchmarks that were set. After meeting with the ceo, the committee separately reviews all information to determine the salary to be awarded.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Chattanooga Chamber Foundation
EIN
23-7032834
Phone
4237562121
Address
811 BROAD ST SUITE 100, CHATTANOOGA, TN 37402

Signing Officer

Name
William Kilbride
Title
President/CEO
Phone
4237562121
Signed
2015-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Kilbride
Formed
1969
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
7
Employees
41
Volunteers
1,402

Preparer

Firm
Mauldin & Jenkins
Address
537 MARKET STREET SUITE 300, CHATTANOOGA, TN 37402-1239
Preparer
Rebecca C Fingerle
Phone
4237566133
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting fees: program service expenses 37,882. Management and general expenses 20,224. Fundraising expenses 0. Total expenses 58,106. Regional strategic planning facilitation: program service expenses 343,920. Management and general expenses 0. Fundraising expenses 140,000. Total expenses 483,920.”

Financial Statement Notes

PART IV, LINE 2B:

“Chattanooga chamber foundation acts as agent of the center for entrepreneurial growth initiative for hamilton county, tennessee and holds funds totaling $17,867 as of june 30, 2015. Funds are released for operating expenses under county authorization on a monthly basis. Chattanooga chamber foundation also holds certain other deposits for other organizations under a similar arrangement. Those funds total $4,180 as of june 30, 2015. Security deposits related to lease agreements totaling $39,562 are held in escrow accounts against damages to leased properties.”

PART X, LINE 2:

“The foundation follows statutory requirements for its income tax accounting and generally avoids risks associated with potentially problematic tax positions that may be challenged upon examination. Management believes any liability resulting from taxing authorities imposing additional income taxes from activities deemed to be unrelated to the foundation's non-taxable status would not have a material effect on the foundation's financial statements. With few exceptions, the foundation is no longer subject to tax examinations by tax authorities for years before 2012.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Rental expenses -412,623. Loss on sale of fixed assets reported as expense on financials -1,285.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rental expenses 412,623. Loss on sale of fixed assets reported as expense on financials 1,285.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8V/P ECONOMIC DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT/CEO
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IRS990/Form990TFiledInd01
IRS990/FormationYr01969
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IRS990/FSAuditedInd01
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IRS990/GamingActivitiesInd00
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IRS990/GovernmentGrantsAmt01373390
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06315050
IRS990/GrossRentsGrp/RealAmt0510513
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt039098
IRS990/InformationTechnologyGrp/ProgramServicesAmt010665
IRS990/InformationTechnologyGrp/TotalAmt049763
IRS990/InsuranceGrp/ManagementAndGeneralAmt01941
IRS990/InsuranceGrp/ProgramServicesAmt07762
IRS990/InsuranceGrp/TotalAmt09703
IRS990/InvestmentIncomeGrp/ExclusionAmt04465
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04465
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0161011
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0148311
IRS990/IRPDocumentCnt064
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01347028
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03067991
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03208534
IRS990/LandBldgEquipCostOrOtherBssAmt04555562
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01285
IRS990/LessRentalExpensesGrp/RealAmt0412623
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0EDUCATION REGARDING MATTERS OF PUBLIC CONCERN TO IMPROVE THE QUALITY AND INCREASE THE QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07397864
IRS990/NetAssetsOrFundBalancesEOYAmt09389578
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1285
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1285
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt086322
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt097890
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt011568
IRS990/NetUnrelatedBusTxblIncmAmt010568
IRS990/NetUnrlzdGainsLossesInvstAmt0-12699
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt064454
IRS990/OccupancyGrp/ProgramServicesAmt0191434
IRS990/OccupancyGrp/TotalAmt0255888
IRS990/OfficeExpensesGrp/FundraisingAmt0576
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012020
IRS990/OfficeExpensesGrp/ProgramServicesAmt054813
IRS990/OfficeExpensesGrp/TotalAmt067409
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0109588
IRS990/OtherAssetsTotalGrp/EOYAmt0124331
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011482
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0124828
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0136310
IRS990/OtherExpensesGrp/Desc0UNRELATED BUSINESS TAX-
IRS990/OtherExpensesGrp/Desc1MEALS
IRS990/OtherExpensesGrp/Desc2PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc3MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt02647
IRS990/OtherExpensesGrp/FundraisingAmt1750
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01707
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1134
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24697
IRS990/OtherExpensesGrp/ProgramServicesAmt0131485
IRS990/OtherExpensesGrp/ProgramServicesAmt1122895
IRS990/OtherExpensesGrp/ProgramServicesAmt240935
IRS990/OtherExpensesGrp/TotalAmt01707
IRS990/OtherExpensesGrp/TotalAmt1134266
IRS990/OtherExpensesGrp/TotalAmt2123645
IRS990/OtherExpensesGrp/TotalAmt345632
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0SERVICE AND OTHER INCO
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt024067
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt024067
IRS990/OtherRevenueTotalAmt024067
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015962
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt089692
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01073131
IRS990/OtherSalariesAndWagesGrp/TotalAmt01178785
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02589
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08681
IRS990/PayrollTaxesGrp/ProgramServicesAmt097109
IRS990/PayrollTaxesGrp/TotalAmt0108379
IRS990/PensionPlanContributionsGrp/FundraisingAmt02441
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08238
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0117893
IRS990/PensionPlanContributionsGrp/TotalAmt0128572
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02290286
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04036280
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt047735
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032860
IRS990/PrincipalOfficerNm0WILLIAM KILBRIDE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0EVENTS, SEMINARS AND O
IRS990/ProgramServiceRevenueGrp/Desc1ECONOMIC DEVELOPMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0487850
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1379013
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0487850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1379013
IRS990/ProgSrvcAccomActy2Grp/Desc0ECONOMIC DEVELOPMENT-PURPOSE IS TO ATTRACT NEW BUSINESS AND INDUSTRY TO THE CHATTANOOGA AREA, AS WELL AS ENCOURAGE EXPANSION IN EXISTING BUSINESSES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02882001
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0379013
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNITY IMPROVEMENT-PLANNING, IMPLEMENTATION AND MAINTENANCE OF NEIGHBORHOOD DEVELOPMENT INITIATIVES, INCLUDING BEAUTIFICATION, PROMOTION AND EDUCATION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt036779
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt024067
IRS990/ProgSrvcAccomActyOtherGrp/Desc0FACILITIES MANAGEMENT-MANAGEMENT OF BUSINESS INCUBATOR THE BDC OFFERS START-UP BUSINESSES OFFICE OR MANUFACTURING SPACE AT BELOW-MARKET RENTAL RATES. TENANTS HAVE ACCESS TO CLERICAL SUPPORT, FAX MACHINE, COPIER AND POSTAGE MACHINE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt057745
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01187250
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03673
IRS990/PYOtherExpensesAmt01953248
IRS990/PYOtherRevenueAmt032562
IRS990/PYProgramServiceRevenueAmt0687488
IRS990/PYRevenuesLessExpensesAmt0-1843942
IRS990/PYSalariesCompEmpBnftPaidAmt01801667
IRS990/PYTotalExpensesAmt03754915
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01910973
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02004413
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt097890
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0574172
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01582483
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01582949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04909142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01187250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03102538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02128306
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05921385
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt017248621
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0503410
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0412592
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0392260
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0391811
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0382035
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02082108
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03077608
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt024067
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt014724
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0113
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01054
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0154
IRS990ScheduleA/OtherIncome170Grp/TotalAmt040112
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80940
IRS990ScheduleA/PublicSupportPY170Pct00.79450
IRS990ScheduleA/PublicSupportTotal170Amt015706737
IRS990ScheduleA/SubstantialContributorsTotAmt01541884
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04909142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01187250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03102538
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02128306
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05921385
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt017248621
IRS990ScheduleA/TotalSupportAmt019406361
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt011568
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt05429
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt06696
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt09578
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt02249
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt035520
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,885,543
Liabilities
$495,965
Net assets
$9,389,578
Revenue
$5,901,142
Expenses
$3,896,729
Net income
$2,004,413
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.39$1.70$5.69$5.71$6.12$0.41
2023Detailed filing. Detailed filing data is available for this year.$7.85$1.77$6.08$5.90$5.53$0.37
2022Detailed filing. Detailed filing data is available for this year.$7.82$2.16$5.67$4.21$4.47$0.26
2021Detailed filing. Detailed filing data is available for this year.$7.02$1.06$5.95$5.76$4.87$0.88
2020Detailed filing. Detailed filing data is available for this year.$6.22$1.22$5.00$4.25$3.97$0.28
2019Detailed filing. Detailed filing data is available for this year.$6.58$0.44$6.14$4.30$4.24$0.05
2018Detailed filing. Detailed filing data is available for this year.$6.70$0.67$6.04$2.85$3.84$0.99
2017Detailed filing. Detailed filing data is available for this year.$7.76$0.72$7.03$2.97$4.11$1.15
2016Detailed filing. Detailed filing data is available for this year.$8.66$0.50$8.16$3.59$4.79$1.21
2015Detailed filing. Detailed filing data is available for this year.$9.89$0.50$9.39$5.90$3.90$2.00
2014Detailed filing. Detailed filing data is available for this year.$8.16$0.76$7.40$1.91$3.75$1.84