Liabilities / Assets
47th percentile
Higher debt load relative to assets than 47% of similar nonprofits.
990 • Fiscal year 2017 • EIN 23-7057855
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
47th percentile
Higher debt load relative to assets than 47% of similar nonprofits.
Liabilities / Revenue
30th percentile
Higher debt load relative to revenue than 30% of similar nonprofits.
Net Margin
69th percentile
Higher net margin than 69% of similar nonprofits.
Top Officer Pay
96th percentile
Higher top officer pay than 96% of similar nonprofits.
Top officer pay equals 16.6% of source-year revenue.
Asset Growth
22nd percentile
Faster asset growth than 22% of similar nonprofits.
Revenue Growth
97th percentile
Faster revenue growth than 97% of similar nonprofits.
Assets
Down$875,913
Down $38,108 (-4.2%) from 2016
Net Assets
Down$808,532
Down $66,922 (-7.6%) from 2016
Liabilities
Up$67,381
Up $28,814 (+75%) from 2016
Revenue
Up$2,302,225
Up $1,697,214 (+281%) from 2016
Expenses
Up$2,031,656
Up $1,218,462 (+150%) from 2016
Net Income
Up$270,569
Up $478,752 (+230%) from 2016
The advancement of education or science lessening the burdens of government; lessening of neighborhood tensions; elimination of prejudice and discrimination, and combating community deterioration. Also, promotion of the advancement and diffusion of knowledge and understanding of economics, finance, education and training, science and technology as they relate to the community, the region, and their problems and opportunities, through 1) the undertaking of studies and research, compilation of results, and publication therof through any appropriate media; 2) the conduct of training courses, seminars, discussion groups, forums, panels, or lectures, and the like; 3) any activity which tends to promote understanding, unification, or improved relationship between different economic or ethnic groups.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $898,250 | $761,857 | ▼ $136,393 |
| Other Notes and Loans Receivable, Net | $13,895 | $94,533 | ▲ $80,638 |
| Land, Buildings, and Equipment, Net | $1,876 | $19,523 | ▲ $17,647 |
| Total Assets | $914,021 | $875,913 | ▼ $38,108 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $38,567 | $67,381 | ▲ $28,814 |
| Total Liabilities | $38,567 | $67,381 | ▲ $28,814 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $870,959 | $520,093 | ▼ $350,866 |
| Unrestricted Net Assets | $4,495 | $288,439 | ▲ $283,944 |
| Total Net Assets Fund Balance | $875,454 | $808,532 | ▼ $66,922 |
| Total Liabilities and Net Assets / Fund Balance | $914,021 | $875,913 | ▼ $38,108 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $19,523 | $25,502 | $45,025 |
| Name | Title |
|---|---|
| Leigh Shockey | Chairman |
| Phil Trenary | Former President |
| Dot Neale | Director |
| George Hilliard | Director |
| Tish Boyd | Director |
| Gregory Duckett | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,031,656 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Accounting | $40,000 | - | - | $40,000 |
| Office Expenses | $17,959 | - | - | $17,959 |
| Travel | $6,166 | - | - | $6,166 |
| Conferences and Meetings | $3,621 | - | - | $3,621 |
| Occupancy | $2,165 | - | - | $2,165 |
| Depreciation Depletion | $980 | - | - | $980 |
| Advertising | $893 | - | - | $893 |
| Other Expenses | $797 | - | - | $797 |
| Total Functional Expenses | $2,031,656 | $0 | $0 | $2,031,656 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $2,082,683 |
| Expenses per Audited Statements | $2,031,656 |
| Total Expenses per Form 990 | $2,031,656 |
| Expenses Not Reported on Form 990 | $51,027 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The independent audit firm completes form 990. The cfo reviews the form and then distributes it to the finance committee for review and approval. The president and ceo then review and sign the form before filing.”
“Each year the policy is distributed to the board of directors and officers. Prior to a vote regarding an issue, the policy is reviewed for any conflicts. If a conflict exists, the director or officer is recused from the vote.”
“The forms are kept in a binder in the finance department on an annual basis so as to be accessible to anyone at any time. Should a request for a copy be filed with the foundation, the request is given to the communications dept. To determine the authenticity of the request. Once this is determined, a request is given to the finance dept to complete. This is done in a timely manner according to the requirements.”
“Change in temporarily restricted grants -337,491.”
“The process has not changed from the prior year.”
“Revenue released from restrictions (net) -337,491. In-kind contributions 51,027.”
“In-kind contributions 51,027.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 38567 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 67381 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE ADVANCEMENT OF EDUCATION OR SCIENCE LESSENING THE BURDENS OF GOVERNMENT; LESSENING OF NEIGHBORHOOD TENSIONS; ELIMINATION OF PREJUDICE AND DISCRIMINATION, AND COMBATING COMMUNITY DETERIORATION. ALSO, PROMOTION OF THE ADVANCEMENT AND DIFFUSION OF KNOWLEDGE AND UNDERSTANDING OF ECONOMICS, FINANCE, EDUCATION AND TRAINING, SCIENCE AND TECHNOLOGY AS THEY RELATE TO THE COMMUNITY, THE REGION, AND THEIR PROBLEMS AND OPPORTUNITIES, THROUGH 1) THE UNDERTAKING OF STUDIES AND RESEARCH, COMPILATION OF RESULTS, AND PUBLICATION THEROF THROUGH ANY APPROPRIATE MEDIA; 2) THE CONDUCT OF TRAINING COURSES, SEMINARS, DISCUSSION GROUPS, FORUMS, PANELS, OR LECTURES, AND THE LIKE; 3) ANY ACTIVITY WHICH TENDS TO PROMOTE UNDERSTANDING, UNIFICATION, OR IMPROVED RELATIONSHIP BETWEEN DIFFERENT ECONOMIC OR ETHNIC GROUPS. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 893 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 893 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 0 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | TED FERRIS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9015433535 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 22 N FRONT STREET STE 200 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MEMPHIS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 38103 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 898250 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 761857 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 3621 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 3621 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 329 |
| IRS990/CYOtherExpensesAmt | 0 | 2031656 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2301896 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 270569 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 2031656 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2302225 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 980 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 980 |
| IRS990/Desc | 0 | MID-SOUTH QUALITY PRODUCTIVITY CENTER IS A COLLABORATION BETWEEN THE FOUNDATION AND SOUTHWEST TENNESSEE COMMUNITY COLLEGE THAT PROVIDES EDUCATION DESIGNED TO HELP BUSINESSES ACHIEVE QUALITY PRODUCTIVITY. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 93540 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 40000 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 40000 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 28378 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DOT NEALE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | GEORGE HILLIARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | GREGORY DUCKETT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | TISH BOYD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | LEIGH SHOCKEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | PHIL TRENARY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 354522 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | FORMER PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1969 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 1 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 2302225 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 329 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 329 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 15 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 25502 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1876 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 19523 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 45025 |
| IRS990/LegalDomicileStateCd | 0 | TN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE ADVANCEMENT OF EDUCATION OR SCIENCE LESSENING THE BURDENS OF GOVERNMENT; LESSENING OF NEIGHBORHOOD TENSIONS; ELIMINATION OF PREJUDICE AND DISCRIMINATION, AND COMBATING COMMUNITY DETERIORATION. ALSO, PROMOTION OF THE ADVANCEMENT AND DIFFUSION OF KNOWLEDGE AND UNDERSTANDING OF ECONOMICS, FINANCE, EDUCATION AND TRAINING, SCIENCE AND TECHNOLOGY AS THEY RELATE TO THE COMMUNITY, THE REGION, AND THEIR PROBLEMS AND OPPORTUNITIES, THROUGH 1) THE UNDERTAKING OF STUDIES AND RESEARCH, COMPILATION OF RESULTS, AND PUBLICATION THEROF THROUGH ANY APPROPRIATE MEDIA; 2) THE CONDUCT OF TRAINING COURSES, SEMINARS, DISCUSSION GROUPS, FORUMS, PANELS, OR LECTURES, AND THE LIKE; 3) ANY ACTIVITY WHICH TENDS TO PROMOTE UNDERSTANDING, UNIFICATION, OR IMPROVED RELATIONSHIP BETWEEN DIFFERENT ECONOMIC OR ETHNIC GROUPS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 875454 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 808532 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 2165 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 2165 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 17959 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 17959 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -337491 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONSULTING |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/Desc | 3 | POSTAGE & PRINTING |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1954997 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 2465 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 1613 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 797 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1954997 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 2465 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1613 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 797 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 13895 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 94533 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | TED FERRIS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROGRAM PARTNERSHIP RE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MID-SOUTH QUALITY PROD |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | OTHER INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1938116 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 363694 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 86 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1938116 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 363694 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 86 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | ECONOMIC DEVELOPMENT OF THE STANDARD METROPOLITAN STATISTICAL AREA FOCUSING ON SHELBY COUNTY, TN. SERVICE TO THE GENERAL BUSINESS COMMUNITY TO DEVELOP A STRONG ECONOMIC CLIMATE FOR THE AREA SERVICED. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 1938116 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 1938202 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 64 |
| IRS990/PYOtherExpensesAmt | 0 | 813194 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 604947 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -208183 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 813194 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 605011 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 270569 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 1 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 363694 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 1600625 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1150398 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 273703 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 375000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 3399726 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 329 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 64 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 10 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 416 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 363694 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 167305 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 205520 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 187912 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 237487 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1161918 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 329 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 64 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 3 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 10 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 10 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 416 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00010 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 86 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 86 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99990 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 4561644 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 1964319 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1317703 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 479223 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 562912 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 237487 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 4561644 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 1964734 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 1317767 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 479226 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 562922 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 237497 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 4562146 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 19523 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 25502 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 45025 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 51027 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 2031656 |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 51027 |
| IRS990ScheduleD/OtherRevenueAmt | 0 | -286464 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -286464 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2302225 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | REVENUE RELEASED FROM RESTRICTIONS (NET) -337,491. IN-KIND CONTRIBUTIONS 51,027. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | IN-KIND CONTRIBUTIONS 51,027. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 19523 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 2031656 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 2302225 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2015761 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 2082683 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 354522 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 18500 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 9878 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | PHIL TRENARY |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | FORMER PRESIDENT |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 382900 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE INDEPENDENT AUDIT FIRM COMPLETES FORM 990. THE CFO REVIEWS THE FORM AND THEN DISTRIBUTES IT TO THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL. THE PRESIDENT AND CEO THEN REVIEW AND SIGN THE FORM BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EACH YEAR THE POLICY IS DISTRIBUTED TO THE BOARD OF DIRECTORS AND OFFICERS. PRIOR TO A VOTE REGARDING AN ISSUE, THE POLICY IS REVIEWED FOR ANY CONFLICTS. IF A CONFLICT EXISTS, THE DIRECTOR OR OFFICER IS RECUSED FROM THE VOTE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FORMS ARE KEPT IN A BINDER IN THE FINANCE DEPARTMENT ON AN ANNUAL BASIS SO AS TO BE ACCESSIBLE TO ANYONE AT ANY TIME. SHOULD A REQUEST FOR A COPY BE FILED WITH THE FOUNDATION, THE REQUEST IS GIVEN TO THE COMMUNICATIONS DEPT. TO DETERMINE THE AUTHENTICITY OF THE REQUEST. ONCE THIS IS DETERMINED, A REQUEST IS GIVEN TO THE FINANCE DEPT TO COMPLETE. THIS IS DONE IN A TIMELY MANNER ACCORDING TO THE REQUIREMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CHANGE IN TEMPORARILY RESTRICTED GRANTS -337,491. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XI, LINE 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XII, LINE 2C: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | MEMPHIS AREA CHAMBER OF COMMERCE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 620291250 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(6) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | TN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | ECONOMIC DEVELOPMENT OF SHELBY COUNTY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | PO BOX 224 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | MEMPHIS |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 38101 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 1 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 51027 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 1 | 34365 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 2 | 4000 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | MEMPHIS AREA CHAMBER OF COMMERCE |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 1 | MEMPHIS AREA CHAMBER OF COMMERCE |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 2 | MEMPHIS AREA CHAMBER OF COMMERCE |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | Q |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 1 | E |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 2 | D |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | TN |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 870959 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 520093 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 914021 |
| IRS990/TotalAssetsEOYAmt | 0 | 875913 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 914021 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 875913 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 2031656 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 2031656 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 38567 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 67381 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 38567 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 67381 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 875454 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 808532 |
| IRS990/TotalOtherCompensationAmt | 0 | 28378 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 2031656 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 2301896 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.