Civic Intelligence

Chattanooga Housing Corp Kappa Sigma Fraternity

990EZ • Fiscal year 2022 • EIN 54-1093553

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 11, 2022

1200 Market Street CO Will CleggChattanooga, TN 37402

(423) 756-7771

Siviq Scores

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

Liabilities / Assets

99th percentile

2.00x

Higher debt load relative to assets than 99% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

2.40x

Higher debt load relative to revenue than 98% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Net Margin

11th percentile

-25%

Higher net margin than 11% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Asset Growth

11th percentile

-28%

Faster asset growth than 11% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

65th percentile

26%

Faster revenue growth than 65% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$45,466

Down $17,415 (-28%) from 2021

Net Assets

-$45,410

No earlier filing loaded for comparison.

Liabilities

Down

$90,876

Down $8,018 (-8.1%) from 2021

Revenue

Up

$37,817

Up $7,817 (+26%) from 2021

Expenses

Down

$47,214

Down $3,824 (-7.5%) from 2021

Net Income

Up

-$9,397

Up $11,641 (+55%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2012: $234,923Liabilities 2012: $116,7492012Assets 2013: $219,670Liabilities 2013: $113,6552013Assets 2014: $241,110Liabilities 2014: $157,1432014Assets 2015: $217,643Liabilities 2015: $152,1232015Assets 2016: $191,890Liabilities 2016: $134,0962016Assets 2017: $170,927Liabilities 2017: $128,0022017Assets 2018: $156,409Liabilities 2018: $121,4442018Assets 2019: $122,402Liabilities 2019: $115,1402019Assets 2020: $91,758Liabilities 2020: $106,7332020Assets 2021: $62,881Liabilities 2021: $98,8942021Assets 2022: $45,466Liabilities 2022: $90,876Net Assets 2022: -$45,4102022Assets 2023: $28,802Liabilities 2023: $83,269Net Assets 2023: -$54,4672023Assets 2024: $11,827Liabilities 2024: $78,496Net Assets 2024: -$66,6692024

Highlighted filing

2022

Assets$45,466
Liabilities$90,876
Net Assets-$45,410

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: $40,143Expenses 2012: $43,919Net Income 2012: -$3,7762012Revenue 2013: $37,329Expenses 2013: $49,488Net Income 2013: -$12,1592013Revenue 2014: $27,548Expenses 2014: $49,596Net Income 2014: -$22,0482014Revenue 2015: $26,174Expenses 2015: $44,621Net Income 2015: -$18,4472015Revenue 2016: $40,813Expenses 2016: $48,539Net Income 2016: -$7,7262016Revenue 2017: $32,831Expenses 2017: $47,700Net Income 2017: -$14,8692017Revenue 2018: $38,250Expenses 2018: $46,210Net Income 2018: -$7,9602018Revenue 2019: $40,250Expenses 2019: $67,953Net Income 2019: -$27,7032019Revenue 2020: $33,150Expenses 2020: $55,387Net Income 2020: -$22,2372020Revenue 2021: $30,000Expenses 2021: $51,038Net Income 2021: -$21,0382021Revenue 2022: $37,817Expenses 2022: $47,214Net Income 2022: -$9,3972022Revenue 2023: $49,125Expenses 2023: $58,182Net Income 2023: -$9,0572023Revenue 2024: $32,500Expenses 2024: $44,702Net Income 2024: -$12,2022024

Highlighted filing

2022

Revenue$37,817
Expenses$47,214
Net Income-$9,397
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 11, 2022
Return Version
2021v4.2
Gross Receipts
$37,817
Mission and Program Overview

Mission

To manage housing needs for local chapter of fraternity.

Program Services

DescriptionGrantsExpenses
GENERAL EXPENSES OF MAINTAINING HOUSING FOR LOCAL FRATERNITY.$0$21,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDDIE SMITHPresident-$0--
WILL CLEGGTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Chattanooga Housing Corp
EIN
54-1093553
Phone
4237567771
Address
1200 MARKET STREET CO WILL CLEGG, CHATTANOOGA, TN 37402

Signing Officer

Name
William E Clegg Iii
Title
Treasurer
Phone
4237567771
Signed
2022-11-11
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 25,964.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: insurance. Amount: 7,665. Description: interest expense. Amount: 6,561. Description: property tax. Amount: 7,004. Description: taxes & licenses. Amount: 20. Total to form 990-ez, line 16: 21,250.

Form 990-ez, Part II, Line 24 - Other Assets

Description: utility deposit. Beg. Of year amount: 2,150. End of year amount: 2,150.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: mortgage loan, synovus. Beg. Of year amount: 96,794. End of year amount: 90,876. Description: current liabilities due to alumni. Beg. Of year amount: 2,100. End of year amount: 0.

Raw XML Appendix105 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WILL CLEGG
IRS990EZ/BooksInCareOfDetail/PhoneNum04237567771
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01200 MARKET STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHATTANOOGA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037402
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03422
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011971
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-9397
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt062881
IRS990EZ/Form990TotalAssetsGrp/EOYAmt045466
IRS990EZ/GrossReceiptsAmt037817
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GroupExemptionNum03157
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt057309
IRS990EZ/LandAndBuildingsGrp/EOYAmt031345
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-36013
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-45410
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-36013
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-45410
IRS990EZ/OccupancyRentUtltsAndMaintAmt025964
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0EDDIE SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WILL CLEGG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02150
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02150
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt021250
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO MANAGE HOUSING NEEDS FOR LOCAL CHAPTER OF FRATERNITY.
IRS990EZ/ProgramServiceRevenueAmt037817
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GENERAL EXPENSES OF MAINTAINING HOUSING FOR LOCAL FRATERNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt021250
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt098894
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt090876
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt047214
IRS990EZ/TotalProgramServiceExpensesAmt021250
IRS990EZ/TotalRevenueAmt037817
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 25,964.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INSURANCE. AMOUNT: 7,665. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 6,561. DESCRIPTION: PROPERTY TAX. AMOUNT: 7,004. DESCRIPTION: TAXES & LICENSES. AMOUNT: 20. TOTAL TO FORM 990-EZ, LINE 16: 21,250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: UTILITY DEPOSIT. BEG. OF YEAR AMOUNT: 2,150. END OF YEAR AMOUNT: 2,150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: MORTGAGE LOAN, SYNOVUS. BEG. OF YEAR AMOUNT: 96,794. END OF YEAR AMOUNT: 90,876. DESCRIPTION: CURRENT LIABILITIES DUE TO ALUMNI. BEG. OF YEAR AMOUNT: 2,100. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM E CLEGG III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04237567771
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHATTANOOGA HOUSING CORP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0KAPPA SIGMA FRATERNITY
ReturnHeader/Filer/BusinessNameControlTxt0CHAT
ReturnHeader/Filer/EIN0541093553
ReturnHeader/Filer/PhoneNum04237567771
ReturnHeader/Filer/USAddress/AddressLine1Txt01200 MARKET STREET CO WILL CLEGG
ReturnHeader/Filer/USAddress/CityNm0CHATTANOOGA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037402
ReturnHeader/ReturnTs02022-11-11T13:19:40-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CLEGG III
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings