Civic Intelligence

Chattanooga Housing Corp Kappa Sigma Fraternity

990EZ • Fiscal year 2023 • EIN 54-1093553

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 15, 2023

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

2.89x

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

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

1.70x

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

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Net Margin

14th percentile

-18%

Higher net margin than 14% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Asset Growth

9th percentile

-37%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

80th percentile

30%

Faster revenue growth than 80% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$28,802

Down $16,664 (-37%) from 2022

Net Assets

Down

-$54,467

Down $9,057 (-20%) from 2022

Liabilities

Down

$83,269

Down $7,607 (-8.4%) from 2022

Revenue

Up

$49,125

Up $11,308 (+30%) from 2022

Expenses

Up

$58,182

Up $10,968 (+23%) from 2022

Net Income

Up

-$9,057

Up $340 (+3.6%) from 2022

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

2023

Assets$28,802
Liabilities$83,269
Net Assets-$54,467

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

2023

Revenue$49,125
Expenses$58,182
Net Income-$9,057
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$49,125
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$32,218
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
2023-11-15
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 25,964. Description: other expenses. Amount: 16,444. Total to form 990-ez, line 14: 42,408.

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

Description: insurance. Amount: 10,514. Description: interest expense. Amount: 4,211. Description: miscellaneous. Amount: 1,049. Total to form 990-ez, line 16: 15,774.

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: 90,876. End of year amount: 83,269.

Raw XML Appendix106 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/BOYAmt011971
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021271
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-9057
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt045466
IRS990EZ/Form990TotalAssetsGrp/EOYAmt028802
IRS990EZ/GrossReceiptsAmt049125
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GroupExemptionNum03157
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt031345
IRS990EZ/LandAndBuildingsGrp/EOYAmt05381
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-45410
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-54467
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-45410
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-54467
IRS990EZ/OccupancyRentUtltsAndMaintAmt042408
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/OtherExpensesTotalAmt015774
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO MANAGE HOUSING NEEDS FOR LOCAL CHAPTER OF FRATERNITY.
IRS990EZ/ProgramServiceRevenueAmt049125
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GENERAL EXPENSES OF MAINTAINING HOUSING FOR LOCAL FRATERNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt032218
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt090876
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt083269
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt058182
IRS990EZ/TotalProgramServiceExpensesAmt032218
IRS990EZ/TotalRevenueAmt049125
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 25,964. DESCRIPTION: OTHER EXPENSES. AMOUNT: 16,444. TOTAL TO FORM 990-EZ, LINE 14: 42,408.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INSURANCE. AMOUNT: 10,514. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 4,211. DESCRIPTION: MISCELLANEOUS. AMOUNT: 1,049. TOTAL TO FORM 990-EZ, LINE 16: 15,774.
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: 90,876. END OF YEAR AMOUNT: 83,269.
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/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM E CLEGG III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04237567771
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
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/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/ReturnTs02023-11-15T13:20:40-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CLEGG III
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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