Civic Intelligence

Chattanooga Chamber Foundation

990 • Fiscal year 2018 • EIN 23-7032834

Jul 01, 2017 to Jun 30, 2018 • Filed on May 14, 2019

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

42nd percentile

0.10x

Higher debt load relative to assets than 42% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

58th percentile

0.23x

Higher debt load relative to revenue than 58% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

8th percentile

-35%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

83rd percentile

$243,391

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

7th percentile

-14%

Faster asset growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

28th percentile

-4.1%

Faster revenue growth than 28% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets42nd percentile

Assets

Down

$6,702,107

Down $1,053,876 (-14%) from 2017

Net Assets

Down

$6,035,773

Down $996,003 (-14%) from 2017

Liabilities

Down

$666,334

Down $57,873 (-8.0%) from 2017

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin8th percentile

Revenue

Down

$2,846,436

Down $120,984 (-4.1%) from 2017

Expenses

Down

$3,841,427

Down $273,097 (-6.6%) from 2017

Net Income

Up

-$994,991

Up $152,113 (+13%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth7th 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

2018

Assets$6,702,107
Liabilities$666,334
Net Assets$6,035,773
Open 2018 Filing

Operations Trend

Revenue Growth28th 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

2018

Revenue$2,846,436
Expenses$3,841,427
Net Income-$994,991
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 14, 2019
Return Version
2017v2.3
Gross Receipts
$3,272,099
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
Land, Buildings, and Equipment, Net$3,192,437$3,022,320▼ $170,117
Savings and Temporary Cash Investments$1,580,141$1,331,098▼ $249,043
Pledges and Grants Receivable$1,876,590$1,267,558▼ $609,032
Cash and Non-Interest-Bearing Accounts$443,008$403,793▼ $39,215
Accounts Receivable$368,980$345,532▼ $23,448
Investments in Publicly Traded Securities$143,953$142,941▼ $1,012
Prepaid Expenses and Deferred Charges$56,753$51,479▼ $5,274
Total Assets$7,755,983$6,702,107▼ $1,053,876
Other Assets Total$94,121$137,386▲ $43,265
Liabilities
Accounts Payable and Accrued Expenses$597,508$519,296▼ $78,212
Deferred Revenue$70,043$109,464▲ $39,421
Other Liabilities$39,289$20,207▼ $19,082
Escrow Account Liability$17,367$17,367→ $0
Total Liabilities$724,207$666,334▼ $57,873
Net Assets / Fund Balance
Unrestricted Net Assets$5,268,509$4,809,318▼ $459,191
Temporarily Rstr Net Assets$1,763,267$1,226,455▼ $536,812
Total Net Assets Fund Balance$7,031,776$6,035,773▼ $996,003
Total Liabilities and Net Assets / Fund Balance$7,755,983$6,702,107▼ $1,053,876

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,602,661$881,619$1,403,608
Equipment$259,103$584,409$843,512
Other Land Buildings$16,256$474,134$490,390
Land$144,300-$144,300
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William KilbrideFormer President/CEOPT$140,000$28,374$168,374
Charles WoodV/p Economic DevelopmentFT$148,707$16,590$165,297
Cheryl MillsapsV/p Finance and AdministraPT$66,861$60,247$127,108
Christine GillenwaterPresident/CEOPT$19,833$12,884$32,717

Board Members and Trustees

NameTitle
Jim VaughnDirector
Larry BuieDirector
Marystewart LewisDirector
Michael St CharlesDirector
Rick MckenneyDirector
Tom GlennDirector
Valoria ArmstrongDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Development Councelors INCConsulting Services - Marketing215 PARK AVENUE SOUTH SUITE 1403, New York, NY 10003$126,354
Revenue and Support

Revenue Composition

Contributions and Grants
$1,976,761
Program Service Revenue
$890,971
Investment Income
$4,878
Other Revenue
$-26,174
All Other Contributions
$760,065
Change in Net Assets
$-994,991

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,272,099
Revenue Not Reported on Financial Statements
$-425,663
Revenue Not Reported on Form 990
$-1,012
Other Revenue Adjustments
$-425,663
Total Revenue per Audited Statements
$3,271,087
Total Revenue per Form 990
$2,846,436
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,133,140
Other Expenses$1,708,287
Total Fundraising Expense$58,056
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,119,271$93,379$18,504$1,231,154
Current Officers, Directors, Trustees, and Key Employees$498,347$45,503$8,143$551,993
Occupancy$192,133$64,626-$256,759
Advertising$201,805$1,732-$203,537
Fees for Services Other$119,163$10,362$20,000$149,525
Depreciation Depletion-$135,943-$135,943
Other Employee Benefits$117,478$8,150$1,479$127,107
Payroll Taxes$109,038$9,209$1,993$120,240
Other Expenses$105,303$458-$105,761
Pension Plan Contributions$93,033$8,223$1,390$102,646
Travel$82,964$4,576$6,488$94,028
Information Technology$14,490$54,502-$68,992
All Other Expenses$93,761$-28,934-$64,827
Office Expenses$48,266$3,219$59$51,544
Conferences and Meetings$13,979--$13,979
Insurance$11,062$2,718-$13,780
Fees for Services Accounting$12,762$492-$13,254
Interest-$2,318-$2,318
Total Functional Expenses$3,361,296$422,075$58,056$3,841,427

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,267,090
Expenses per Audited Statements$3,841,427
Total Expenses per Form 990$3,841,427
Expenses Not Reported on Form 990$425,663
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$20,207
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 11B

“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
Cheryl Millsaps
Title
VP Finance & Admin
Phone
4237562121
Signed
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Gillenwater
Formed
1969
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
7
Employees
46
Volunteers
2,115

Preparer

Firm
Mauldin & Jenkins
Address
537 MARKET STREET SUITE 300, CHATTANOOGA, TN 37402-1239
Preparer
Matthew T Hisey
Phone
4237566133
Supplemental Narrative

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 $15,143 as of june 30, 2018. 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 $2,224 as of june 30, 2018. Security deposits related to lease agreements totaling $47,157 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 2015.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Rental expenses -425,663.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 425,663.”

Raw XML AppendixShowing 400 of 627 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0597508
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0519296
IRS990/AccountsReceivableGrp/BOYAmt0368980
IRS990/AccountsReceivableGrp/EOYAmt0345532
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0EDUCATION REGARDING MATTERS OF PUBLIC CONCERN TO IMPROVE THE QUALITY AND INCREASE THE QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNITIES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01732
IRS990/AdvertisingGrp/ProgramServicesAmt0201805
IRS990/AdvertisingGrp/TotalAmt0203537
IRS990/AllOtherContributionsAmt0760065
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0-28934
IRS990/AllOtherExpensesGrp/ProgramServicesAmt093761
IRS990/AllOtherExpensesGrp/TotalAmt064827
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0MS CHERYL MILLSAPS
IRS990/BooksInCareOfDetail/PhoneNum04237562121
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0811 BROAD ST SUITE 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHATTANOOGA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037402
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0443008
IRS990/CashNonInterestBearingGrp/EOYAmt0403793
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt08143
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt045503
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0498347
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0551993
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt013979
IRS990/ConferencesMeetingsGrp/TotalAmt013979
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0126354
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0215 PARK AVENUE SOUTH SUITE 1403
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd010003
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0DEVELOPMENT COUNCELORS INC
IRS990/ContractorCompensationGrp/ServicesDesc0CONSULTING SERVICES - MARKETING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01976761
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04878
IRS990/CYOtherExpensesAmt01708287
IRS990/CYOtherRevenueAmt0-26174
IRS990/CYProgramServiceRevenueAmt0890971
IRS990/CYRevenuesLessExpensesAmt0-994991
IRS990/CYSalariesCompEmpBnftPaidAmt02133140
IRS990/CYTotalExpensesAmt03841427
IRS990/CYTotalFundraisingExpenseAmt058056
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02846436
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt070043
IRS990/DeferredRevenueGrp/EOYAmt0109464
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0135943
IRS990/DepreciationDepletionGrp/TotalAmt0135943
IRS990/Desc0LEADERSHIP DEVELOPMENT-TO ENSURE THAT CHATTANOOGA AREA BENEFITS FROM CIVIC AND POLITICAL LEADERSHIP. SPONSOR ANNUAL LEADERSHIP PROGRAM TO PREPARE EXISTING LEADERS FOR COMMUNITY DECISION MAKING, HOLD EVENTS TO RECOGNIZE BUSINESS AND COMMUNITY LEADERS AND COMMUNICATE WITH THE BUSINESS COMMUNITY ON ISSUES VITAL TO LEADERS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt046
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt017367
IRS990/EscrowAccountLiabilityGrp/EOYAmt017367
IRS990/ExpenseAmt0291086
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0492
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt012762
IRS990/FeesForServicesAccountingGrp/TotalAmt013254
IRS990/FeesForServicesOtherGrp/FundraisingAmt020000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010362
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0119163
IRS990/FeesForServicesOtherGrp/TotalAmt0149525
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt016.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt116.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt216.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt424.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt824.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1024.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt44384
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt815673
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt916292
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1031277
IRS990/Form990PartVIISectionAGrp/PersonNm0MARYSTEWART LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL ST CHARLES
IRS990/Form990PartVIISectionAGrp/PersonNm2TOM GLENN
IRS990/Form990PartVIISectionAGrp/PersonNm3LARRY BUIE
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRISTINE GILLENWATER
IRS990/Form990PartVIISectionAGrp/PersonNm5VALORIA ARMSTRONG
IRS990/Form990PartVIISectionAGrp/PersonNm6RICK MCKENNEY
IRS990/Form990PartVIISectionAGrp/PersonNm7JIM VAUGHN
IRS990/Form990PartVIISectionAGrp/PersonNm8CHERYL MILLSAPS
IRS990/Form990PartVIISectionAGrp/PersonNm9CHARLES WOOD
IRS990/Form990PartVIISectionAGrp/PersonNm10WILLIAM KILBRIDE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt419833
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt866861
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9149005
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10148480
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt48500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt844574
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1063634
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8V/P FINANCE AND ADMINISTRA
IRS990/Form990PartVIISectionAGrp/TitleTxt9V/P ECONOMIC DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10FORMER PRESIDENT/CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt01216696
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03272099
IRS990/GrossRentsGrp/RealAmt0346940
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt054502
IRS990/InformationTechnologyGrp/ProgramServicesAmt014490
IRS990/InformationTechnologyGrp/TotalAmt068992
IRS990/InsuranceGrp/ManagementAndGeneralAmt02718
IRS990/InsuranceGrp/ProgramServicesAmt011062
IRS990/InsuranceGrp/TotalAmt013780
IRS990/InterestGrp/ManagementAndGeneralAmt02318
IRS990/InterestGrp/TotalAmt02318
IRS990/InvestmentIncomeGrp/ExclusionAmt04878
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04878
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0143953
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0142941
IRS990/IRPDocumentCnt0107
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01940162
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03192437
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03022320
IRS990/LandBldgEquipCostOrOtherBssAmt04962482
IRS990/LegalDomicileStateCd0TN
IRS990/LessRentalExpensesGrp/RealAmt0425663
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/NetAssetsOrFundBalancesBOYAmt07031776
IRS990/NetAssetsOrFundBalancesEOYAmt06035773
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-78723
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-78723
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1012
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt064626
IRS990/OccupancyGrp/ProgramServicesAmt0192133
IRS990/OccupancyGrp/TotalAmt0256759
IRS990/OfficeExpensesGrp/FundraisingAmt059
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03219
IRS990/OfficeExpensesGrp/ProgramServicesAmt048266
IRS990/OfficeExpensesGrp/TotalAmt051544
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt094121
IRS990/OtherAssetsTotalGrp/EOYAmt0137386
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01479
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08150
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0117478
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0127107
IRS990/OtherExpensesGrp/Desc0PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2TEMPORARY/CONTRACT LABO
IRS990/OtherExpensesGrp/Desc3MEALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05089
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1510
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2458
IRS990/OtherExpensesGrp/ProgramServicesAmt0208527
IRS990/OtherExpensesGrp/ProgramServicesAmt1171309
IRS990/OtherExpensesGrp/ProgramServicesAmt2148605
IRS990/OtherExpensesGrp/ProgramServicesAmt3105303
IRS990/OtherExpensesGrp/TotalAmt0208527
IRS990/OtherExpensesGrp/TotalAmt1176398
IRS990/OtherExpensesGrp/TotalAmt2149115
IRS990/OtherExpensesGrp/TotalAmt3105761
IRS990/OtherLiabilitiesGrp/BOYAmt039289
IRS990/OtherLiabilitiesGrp/EOYAmt020207
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0SERVICE AND OTHER INCO
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt052549
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt052549
IRS990/OtherRevenueTotalAmt052549
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt018504
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt093379
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01119271
IRS990/OtherSalariesAndWagesGrp/TotalAmt01231154
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01993
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09209
IRS990/PayrollTaxesGrp/ProgramServicesAmt0109038
IRS990/PayrollTaxesGrp/TotalAmt0120240
IRS990/PensionPlanContributionsGrp/FundraisingAmt01390
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08223
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt093033
IRS990/PensionPlanContributionsGrp/TotalAmt0102646
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01876590
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01267558
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt056753
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt051479
IRS990/PrincipalOfficerNm0CHRISTINE GILLENWATER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0ECONOMIC DEVELOPMENT
IRS990/ProgramServiceRevenueGrp/Desc1EVENTS, SEMINARS AND O
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0477394
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1413577
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0477394
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1413577
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/ExpenseAmt03021258
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0413577
IRS990/ProgSrvcAccomActy3Grp/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/ProgSrvcAccomActy3Grp/ExpenseAmt038093
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNITY IMPROVEMENT-PLANNING, IMPLEMENTATION AND MAINTENANCE OF NEIGHBORHOOD DEVELOPMENT INITIATIVES, INCLUDING BEAUTIFICATION, PROMOTION AND EDUCATION. IT ALSO INCLUDES CHATT 2.0, WHICH IS A COMMUNITY-LED MOVEMENT TO ADDRESS EDUCATION AND WORKFORCE OPPORTUNITIES IN HAMILTON COUNTY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt010859
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt052549
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01902260
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt049443
IRS990/PYOtherExpensesAmt01911811
IRS990/PYOtherRevenueAmt0241471
IRS990/PYProgramServiceRevenueAmt0774246
IRS990/PYRevenuesLessExpensesAmt0-1147104
IRS990/PYSalariesCompEmpBnftPaidAmt02202713
IRS990/PYTotalExpensesAmt04114524
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02967420
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-994991
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-78723
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0398671
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01580141
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01331098
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01976761
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01902260
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02632490
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04909142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01187250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012607903
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0351818
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0563738
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0519083
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0503410
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0412592
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02350641
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04024165
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt052549
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt073737
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt026433
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt024067
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt014724
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0191510
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.63770
IRS990ScheduleA/PublicSupportPY170Pct00.68020
IRS990ScheduleA/PublicSupportTotal170Amt09679662
IRS990ScheduleA/SubstantialContributorsTotAmt02928241
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01976761
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01902260
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02632490
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04909142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01187250
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012607903
IRS990ScheduleA/TotalSupportAmt015179183
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt03409
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt08723
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt011568
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt05429
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt029129
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02602661
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0881619
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02080672
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01403608
IRS990ScheduleD/EquipmentGrp/BookValueAmt0259103
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0584409
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0843512
IRS990ScheduleD/ExpensesNotReportedAmt0425663
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03841427
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,702,107
Liabilities
$666,334
Net assets
$6,035,773
Revenue
$2,846,436
Expenses
$3,841,427
Net income
-$994,991
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