CHATTANOOGA CHAMBER FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CHATTANOOGA CHAMBER FOUNDATION (EIN 23-7032834)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-15
IRS object ID
202611359349307016
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-15T11:34:35-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN580692043PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MAULDIN & JENKINS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 W MLK BLVD STE 1100AddressLine1Txt
CityCHATTANOOGACityNm
State AbbreviationTNStateAbbreviationCd
ZIP374021239ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237032834EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHATTANOOGA CHAMBER FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHATBusinessNameControlTxt
Phone4237562121PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1811 BROAD ST SUITE 200AddressLine1Txt
CityCHATTANOOGACityNm
State AbbreviationTNStateAbbreviationCd
ZIP37402ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonYOLONDA HAYSLETTPersonNm
Person TitleVP, FINANCE & OPERATIONSPersonTitleTxt
Phone4237562121PhoneNum
Signature2026-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRIDGET BUSHPreparerPersonNm
PTINP00234609PTIN
Phone4237566133PhoneNum
Preparation2026-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCHARLES WOODPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1811 BROAD ST SUITE 200AddressLine1Txt
CityCHATTANOOGACityNm
State AbbreviationTNStateAbbreviationCd
ZIP37402ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,682,723GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressCHATTANOOGACHAMBER.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1969FormationYr
Legal Domicile StateTNLegalDomicileStateCd
Activity Or MissionTO CHAMPION OUR MEMBER BUSINESSES AND PROMOTE REGIONAL ECONOMIC GROWTH.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee69TotalEmployeeCnt
Total Volunteers540TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,462,323PYContributionsGrantsAmt
CY Contributions Grants$8,444,085CYContributionsGrantsAmt
PY Program Service Revenue$1,095,865PYProgramServiceRevenueAmt
CY Program Service Revenue$1,851,607CYProgramServiceRevenueAmt
PY Investment Income$10,398PYInvestmentIncomeAmt
CY Investment Income$22,418CYInvestmentIncomeAmt
PY Other Revenue$136,899PYOtherRevenueAmt
CY Other Revenue$46,177CYOtherRevenueAmt
PY Total Revenue$5,705,485PYTotalRevenueAmt
CY Total Revenue$10,364,287CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,347,834PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,292,469CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$335,688CYTotalFundraisingExpenseAmt
PY Other Expenses$2,769,464PYOtherExpensesAmt
CY Other Expenses$5,227,536CYOtherExpensesAmt
PY Total Expenses$6,117,298PYTotalExpensesAmt
CY Total Expenses$8,520,005CYTotalExpensesAmt
PY Revenues Less Expenses-$411,813PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,844,282CYRevenuesLessExpensesAmt
Total Assets BOY$7,394,296TotalAssetsBOYAmt
Total Assets EOY$11,167,709TotalAssetsEOYAmt
Total Liabilities BOY$1,704,356TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,567,352TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,689,940NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,600,357NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionEDUCATION REGARDING MATTERS OF PUBLIC CONCERN TO IMPROVE THE QUALITY AND INCREASE THE QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,980,074ExpenseAmt
Revenue$455,086RevenueAmt
DescECONOMIC DEVELOPMENT - PURPOSE IS TO ATTRACT NEW BUSINESS AND INDUSTRY TO THE CHATTANOOGA AREA, AS WELL AS ENCOURAGE EXPANSION IN EXISTING BUSINESSES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$314,520ExpenseAmt
Revenue$1,383,734RevenueAmt
DescLEADERSHIP 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.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$34,070ExpenseAmt
DescFACILITIES 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.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$36,857ExpenseAmt
Revenue$12,787RevenueAmt
DescCOMMUNITY 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.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$36,857TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$12,787TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$7,365,521TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document234IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee69EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMS YOLONDA HAYSLETTPersonNm
Phone4237562121PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1811 BROAD ST SUITE 200AddressLine1Txt
CityCHATTANOOGACityNm
State AbbreviationTNStateAbbreviationCd
ZIP37402ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
CHARLES WOOD
PRESIDENT/CEO32.008.00Yes (X)Yes (X)$228,483$76,799$186,140
KATHERINE RANDOLPH
EXECUTIVE DIRECTOR (2.0)40.00Yes (X)$171,422$0$17,090
ADAM MYERS
VICE PRESIDENT40.00$128,025$0$13,065Yes (X)
YOLONDA HAYSLETT
V/P FINANCE &ADMINISTRATION24.0016.00Yes (X)$72,203$48,045$12,422
LORNE STEEDLY
VICE PRESIDENT40.00$102,199$0$10,395Yes (X)
JAY DALE
CHAIR1.00Yes (X)Yes (X)$0$0$0
BRAD COBB
CHAIR-ELECT1.00Yes (X)Yes (X)$0$0$0
PAUL LEATH
IMMEDIATE PAST CHAIR1.00Yes (X)$0$0$0
REBECCA ASHFORD
TREASURER1.00Yes (X)Yes (X)$0$0$0
DALYA QUALLS-WHITE
SECRETARY1.00Yes (X)Yes (X)$0$0$0
CHRIS COSBY
DIRECTOR1.00Yes (X)$0$0$0
RYAN KEEL
DIRECTOR1.00Yes (X)$0$0$0
MATT ROYAL
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$702,332TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$124,844TotReportableCompRltdOrgAmt
Total Other Compensation$239,112TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
BUILDWITHIN INC
900 19TH STREET NW 6TH FLOORWASHINGTONDC20006APPRENTICESHIP MANAGEMENT SOFTWARE$200,000
CHARLES A DANA CENTER
3925 W BRAKER LN STE 3801AUSTINTX78759CONSULTING SERVICES$181,013
DEVELOPMENT COUNSELLORS INTERNATIONAL
215 PARK AVENUE SOUTH SUITE 1403NEW YORKNY10003CONSULTING SERVICES - MARKETING$160,863
LOGICALLY
PO BOX 645994PITTSBURGPA15264COMPUTER NETWORK EXPENSE$106,976
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$1,921,056GovernmentGrantsAmt
All Other Contributions$6,523,029AllOtherContributionsAmt
Noncash Contributions$14,667NoncashContributionsAmt
Total Contributions$8,444,085TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EVENTS, SEMINARS & OTHER PROGRAM900099$1,383,734$1,383,734
ECONOMIC DEVELOPMENT900099$455,086$455,086
SERVICE AND OTHER INCOME900099$12,787$12,787
FieldValueIRS element (for citing)
Total Program Service Revenue$1,851,607TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,418TotalRevenueColumnAmt
Exclusion$22,418ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$364,613RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$318,436RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$46,177RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$46,177TotalRevenueColumnAmt
Exclusion$46,177ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,364,287TotalRevenueColumnAmt
Related Or Exempt Func Income$1,851,607RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$68,595ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$549,577TotalAmt
Program Services$447,934ProgramServicesAmt
Management And General$45,784ManagementAndGeneralAmt
Fundraising$55,859FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,158,785TotalAmt
Program Services$1,742,652ProgramServicesAmt
Management And General$197,797ManagementAndGeneralAmt
Fundraising$218,336FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$400,578TotalAmt
Program Services$343,361ProgramServicesAmt
Management And General$15,417ManagementAndGeneralAmt
Fundraising$41,800FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$183,529TotalAmt
Program Services$155,454ProgramServicesAmt
Management And General$8,382ManagementAndGeneralAmt
Fundraising$19,693FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,000TotalAmt
Program Services$3,000ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$78,692TotalAmt
Program Services$12,934ProgramServicesAmt
Management And General$65,758ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$235,521TotalAmt
Program Services$235,521ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$34,097TotalAmt
Program Services$26,525ProgramServicesAmt
Management And General$7,572ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$200,305TotalAmt
Program Services$151,688ProgramServicesAmt
Management And General$48,617ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$307,265TotalAmt
Program Services$228,094ProgramServicesAmt
Management And General$79,171ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$191,674TotalAmt
Program Services$189,300ProgramServicesAmt
Management And General$2,374ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$127,164TotalAmt
Program Services$123,482ProgramServicesAmt
Management And General$3,682ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$317,012TotalAmt
Management And General$317,012ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,000TotalAmt
Program Services$10,000ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PROGRAM DEVELOPMENT$2,551,904$2,551,804$100
CONSULTING FEES$943,299$942,214$1,085
MISCELLANEOUS$181,668$157,124$24,544
MAINTENANCE$45,935$44,434$1,501

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,520,005TotalAmt
Program Services$7,365,521ProgramServicesAmt
Management And General$818,796ManagementAndGeneralAmt
Fundraising$335,688FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,333,087BOYAmt
EOY$2,868,621EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$543,473BOYAmt
EOY$2,533,082EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$525,000BOYAmt
EOY$1,195,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$122,461BOYAmt
EOY$81,392EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$29,678BOYAmt
EOY$4,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,127,494LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,552,383LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,688,088BOYAmt
EOY$3,575,111EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$236,258BOYAmt
EOY$302,393EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$916,251BOYAmt
EOY$608,110EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,394,296BOYAmt
EOY$11,167,709EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$551,403BOYAmt
EOY$520,164EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$109,110BOYAmt
EOY$30,000EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,027,028BOYAmt
EOY$3,000,373EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$16,815BOYAmt
EOY$16,815EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,704,356BOYAmt
EOY$3,567,352EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,855,781BOYAmt
EOY$4,624,313EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$834,159BOYAmt
EOY$2,976,044EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,689,940BOYAmt
EOY$7,600,357EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,394,296BOYAmt
EOY$11,167,709EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,844,282ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$66,135NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,862,854CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,158,168CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,618,590CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,462,323CurrentTaxYearMinus1YearAmt
Current Tax Year$8,444,085CurrentTaxYearAmt
Total$25,546,020TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,862,854CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,158,168CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,618,590CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,462,323CurrentTaxYearMinus1YearAmt
Current Tax Year$8,444,085CurrentTaxYearAmt
Total$25,546,020TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,105,878SubstantialContributorsTotAmt
Public Support Total170$21,440,142PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$152,976CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$250,828CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$479,696CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$377,455CurrentTaxYearMinus1YearAmt
Current Tax Year$387,031CurrentTaxYearAmt
Total$1,647,986TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$27,044CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15,290CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$126,593CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$99,950CurrentTaxYearMinus1YearAmt
Current Tax Year$12,787CurrentTaxYearAmt
Total$281,664TotalAmt
FieldValueIRS element (for citing)
Total Support$27,475,670TotalSupportAmt
Gross Receipts Rltd Activities$5,945,256GrossReceiptsRltdActivitiesAmt
Public Support CY1700.78030PublicSupportCY170Pct
Public Support PY1700.80940PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$144,300OtherCostOrOtherBasisAmt
Book Value$144,300BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,163,872OtherCostOrOtherBasisAmt
Depreciation$1,925,430DepreciationAmt
Book Value$3,238,442BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,096,831OtherCostOrOtherBasisAmt
Depreciation$1,048,670DepreciationAmt
Book Value$48,161BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$722,491OtherCostOrOtherBasisAmt
Depreciation$578,283DepreciationAmt
Book Value$144,208BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,575,111TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescDUE FROM GREATER CHATTANOOGA AREA CHAMBER OF COMMERCEDesc
Book Value$608,110BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$608,110TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescAGENCY FUNDS PAYABLEDesc
Amt$16,815Amt
FieldValueIRS element (for citing)
Total Liability$16,815TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$10,748,858TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$66,135NetUnrealizedGainsInvstAmt
Revenue Not Reported$66,135RevenueNotReportedAmt
Revenue Subtotal$10,682,723RevenueSubtotalAmt
Other Revenues Not Included-$318,436OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$318,436RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$10,364,287TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,838,441TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$318,436OtherExpensesIncludedAmt
Expenses Not Reported$318,436ExpensesNotReportedAmt
Expenses Subtotal$8,520,005ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,520,005TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH INCOME TAX ACCOUNTING GUIDANCE IN ASC TOPIC 740. THE FOUNDATION FOLLOWS THE STATUTORY REQUIREMENT 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 2020.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E Expnss0WrittenPolicyRefTAndEExpnssInd
Substantiation Required0SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
CHARLES WOOD
PRESIDENT/CEO$174,336$58,750$53,888$17,963$259$86$172,603$13,537$0$0$401,086$90,336$0$0
KATHERINE RANDOLPH
EXECUTIVE DIRECTOR (2.0)$170,900$0$0$0$522$0$17,090$0$0$0$188,512$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1APART I, LINE 1A. THE ORGANIZATION PROVIDES FIRST CLASS OR CHARTER TRAVEL IN CONNECTION WITH THE REQUIREMENTS OF THE CEO TO OCCASIONALLY TRAVEL ON ORGANIZATINO BUSINESS AND PROVIDES SOCIAL OR HEALTH CLUB DUES AS A WAY TO FACILITATE CONNECTION OF THE CEO TO OTHER LEADERS IN THE COMMUNITY.
PART I, LINE 7THE BOARD SETS STRATEGIC GOALS FOR THE ORGANIZATION AND REWARDS MANAGEMENT FOR MEETING BENCHMARKS TO ACHIEVE THOSE GOALS. THE GOALS AND POTENTIAL REWARDS ARE SPECIFIED IN THE EXECUTIVE DIRECTOR'S EMPLOYMENT CONTRACT AND ARE ANNUALLY EVALUATED BY THE BOARD OF DIRECTORS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION PROVIDES THE FORM 990 TO THE BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICTS 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 15AANNUAL 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 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1GREATER CHATTANOOGA AREA CHAMBER OF COMMERCEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1811 BROAD ST SUITE 200AddressLine1Txt
CityCHATTANOOGACityNm
State AbbreviationTNStateAbbreviationCd
ZIP37402ZIPCd
FieldValueIRS element (for citing)
EIN620154480EIN
Primary ActivitiesCIVIC LEAGUEPrimaryActivitiesTxt
Legal Domicile StateTNLegalDomicileStateCd
Exempt Code Section501(C)(6)ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
GREATER CHATTANOOGA AREA CHAMBER OF COMMERCE
J$108,292CASH PAYMENT
GREATER CHATTANOOGA AREA CHAMBER OF COMMERCE
O$1,062,302CASH PAYMENT
GREATER CHATTANOOGA AREA CHAMBER OF COMMERCE
D$608,110END OF YEAR BALANCE

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