Civic Intelligence

Madison - Rivergate Area Chamber Of

EIN 62-0614431 • 501(c)6 • Madison, TN

Profile

A. Enhancement of the business environment in the community by providing opportunities to create and foster positive relationships and avenues of communication between existing area business. B. Economic development activities designed to attract new business to the city and to facilitate the growth of existing businesses. C. Promote tourism opportunities and solicitation efforts designed to promote the community location to attract businesses and tourist.

PO Box 97Madison, TN 37116-0097

www.madisonchamber.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.02x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.01x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

69th percentile

10%

Higher net margin than 69% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

93rd percentile

58%

Faster asset growth than 93% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

86th percentile

36%

Faster revenue growth than 86% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Up

$29,584

Up $17,782 (+151%) from 2022

Liabilities

Down

$722

Down $591 (-45%) from 2022

Net Assets

Up

$28,862

Up $18,373 (+175%) from 2022

Revenue

Up

$140,564

Up $64,881 (+86%) from 2022

Expenses

Up

$125,808

Up $38,097 (+43%) from 2022

Net Income

Up

$14,756

Up $26,784 (+223%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2010: $24,471Liabilities 2010: $818Net Assets 2010: $23,6532010Assets 2011: $14,480Liabilities 2011: $1,517Net Assets 2011: $12,9632011Assets 2012: $28,427Liabilities 2012: $764Net Assets 2012: $27,6632012Assets 2013: $25,280Liabilities 2013: $1,803Net Assets 2013: $23,4772013Assets 2014: $20,240Liabilities 2014: $973Net Assets 2014: $19,2672014Assets 2015: $20,863Liabilities 2015: $1,027Net Assets 2015: $19,8362015Assets 2016: $17,695Liabilities 2016: $889Net Assets 2016: $16,8062016Assets 2017: $25,067Liabilities 2017: $1,216Net Assets 2017: $23,8512017Assets 2018: $25,000Liabilities 2018: $0Net Assets 2018: $25,0002018Assets 2019: $33,971Liabilities 2019: $14,823Net Assets 2019: $19,1482019Assets 2020: $23,593Liabilities 2020: $1,156Net Assets 2020: $22,4372020Assets 2021: $24,301Liabilities 2021: $1,380Net Assets 2021: $22,9212021Assets 2022: $11,802Liabilities 2022: $1,313Net Assets 2022: $10,4892022Assets 2024: $29,584Liabilities 2024: $722Net Assets 2024: $28,8622024

Highlighted filing

2024

Assets$29,584
Liabilities$722
Net Assets$28,862

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KExpenses 2010: $114,0642010Expenses 2011: $104,2372011Expenses 2012: $86,0662012Revenue 2013: $89,812Expenses 2013: $93,998Net Income 2013: -$4,1862013Revenue 2014: $81,603Expenses 2014: $85,813Net Income 2014: -$4,2102014Revenue 2015: $90,831Expenses 2015: $90,262Net Income 2015: $5692015Revenue 2016: $79,203Expenses 2016: $82,233Net Income 2016: -$3,0302016Revenue 2017: $81,773Expenses 2017: $74,728Net Income 2017: $7,0452017Revenue 2018: $60,000Expenses 2018: $58,851Net Income 2018: $1,1492018Revenue 2019: $79,242Expenses 2019: $90,195Net Income 2019: -$10,9532019Revenue 2020: $85,058Expenses 2020: $81,767Net Income 2020: $3,2912020Revenue 2021: $90,263Expenses 2021: $89,779Net Income 2021: $4842021Revenue 2022: $75,683Expenses 2022: $87,711Net Income 2022: -$12,0282022Revenue 2024: $140,564Expenses 2024: $125,808Net Income 2024: $14,7562024

Highlighted filing

2024

Revenue$140,564
Expenses$125,808
Net Income$14,756

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.30$0.01$0.29$1.41$1.26$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.10$0.76$0.88$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.24$0.01$0.23$0.90$0.90$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.24$0.01$0.22$0.85$0.82$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.34$0.15$0.19$0.79$0.90$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.60$0.59$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.01$0.24$0.82$0.75$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$0.79$0.82$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.01$0.20$0.91$0.90$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.01$0.19$0.82$0.86$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.25$0.02$0.23$0.90$0.94$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.01$0.28$0.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.02$0.13$1.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.01$0.24$1.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$171,244
Mission and Program Overview

Mission

A. Enhancement of the business environment in the community by providing opportunities to create and foster positive relationships and avenues of communication between existing area business. B. Economic development activities designed to attract new business to the city and to facilitate the growth of existing businesses. C. Promote tourism opportunities and solicitation efforts designed to promote the community location to attract businesses and tourist.

Program Services

DescriptionGrantsExpenses
SEE ATTACHED-$114,206
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHUCK HARTERVice Chair-$0--
JOSIE SCOTT-LARRYPresident-$0--
WHITNEY FINNEYSecretary-$0--
CURTIS GARDNERTreasurer-$0--
JAMES COBBPast Chairma-$0--
JAMESA HILLChairperson--$0--
LAURA KNOTTS JENNINGSExec Directo-$0--
KIM MALONE-HADDOXDirector-$0--
NICK HOWALDDirector-$0--
KEITH SAMAROODirector-$0--
JAY VOORHEESDirector-$0--
ASHLEY MORRISONDirector-$0--
KEVIN KENERSONDirector-$0--
ADAM SABADirector-$0--
JOSHUA HASTONDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Carnival$49,028$49,028$2,520$46,508
Golf Tournament$25,250$25,250$19,217$6,033
Total Events$110,188$110,188$30,680$79,508
Filing and Contact Details

Filer

Filer Name
Madison - Rivergate Area Chamber of
EIN
62-0614431
Phone
6158655400
Address
PO BOX 97, MADISON, TN 37116-0097

Signing Officer

Name
Laura Knotts Jennings
Title
Exec Director
Phone
6158655400
Signed
2025-11-17
Discuss with paid preparer
Yes

Preparer

Firm
C D Pitzer Company Pc
Address
118 TWO MILE PIKE, GOODLETTSVILLE, TN 37072
Preparer
Carl D Pitzer Jr
Phone
6158512727
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Advertising 9,000 services 5,504 conference 4,000 awards 2,750 women in business 52 total 21,306

Form 990-ez, Part I, Line 16

Luncheons conferences/meetings 8,307 expenses advertising 11,240 website 6,779 office expense 360 quickbooks 2,180 computer 1,689 board meeting 1,421 insurance 2,252 art crawl 500 bad debt 10 contributions 518 directors expense 17 dues and subscriptions 971 giveaways 421 other 35 taxes 113 telephone 262 total 37,075

Form 990-ez, Part II, Line 24

5,721 5,721 less accumulated depreciation 5,721 5,721 total 0 0

Form 990-ez, Part II, Line 26

Payroll liabilities 722 722

Form 990-ez, Part III

A. Enhancement of the business environment in the community by providing opportunities to create and foster positive relationships and avenues of communication between existing area business. B. Economic development activities designed to attract new business to the city and to facilitate the growth of existing businesses. C. Promote tourism opportunities and solicitation efforts designed to promote the community location to attract businesses and tourist.

Raw XML Appendix175 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING 9,000 SERVICES 5,504 CONFERENCE 4,000 AWARDS 2,750 WOMEN IN BUSINESS 52 TOTAL 21,306
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LUNCHEONS CONFERENCES/MEETINGS 8,307 EXPENSES ADVERTISING 11,240 WEBSITE 6,779 OFFICE EXPENSE 360 QUICKBOOKS 2,180 COMPUTER 1,689 BOARD MEETING 1,421 INSURANCE 2,252 ART CRAWL 500 BAD DEBT 10 CONTRIBUTIONS 518 DIRECTORS EXPENSE 17 DUES AND SUBSCRIPTIONS 971 GIVEAWAYS 421 OTHER 35 TAXES 113 TELEPHONE 262 TOTAL 37,075
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25,721 5,721 LESS ACCUMULATED DEPRECIATION 5,721 5,721 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL LIABILITIES 722 722
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A. ENHANCEMENT OF THE BUSINESS ENVIRONMENT IN THE COMMUNITY BY PROVIDING OPPORTUNITIES TO CREATE AND FOSTER POSITIVE RELATIONSHIPS AND AVENUES OF COMMUNICATION BETWEEN EXISTING AREA BUSINESS. B. ECONOMIC DEVELOPMENT ACTIVITIES DESIGNED TO ATTRACT NEW BUSINESS TO THE CITY AND TO FACILITATE THE GROWTH OF EXISTING BUSINESSES. C. PROMOTE TOURISM OPPORTUNITIES AND SOLICITATION EFFORTS DESIGNED TO PROMOTE THE COMMUNITY LOCATION TO ATTRACT BUSINESSES AND TOURIST.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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