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Nonprofiteer
← EAST TENNESSEE ECONOMIC COUNCIL INC

Form 990 for tax year 2022

Filed by EAST TENNESSEE ECONOMIC COUNCIL INC.

Totals

Total revenue
$443,426
Total expenses
$392,838
Contributions and grants received
$280,613
Grants paid
$0
Program service revenue
$162,407
Investment income
$406
Other revenue
$0
Total assets, end of year
$305,528
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$305,528
Program services expenses (Part IX)
$344,915
Management and general expenses
$47,923
Fundraising expenses
$0
Program service expenses (Part III)
$344,915

Program services were 87.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $280,613

  • 2a · Program service revenue: PROGRAM SERVICE REVENU

    total $162,407 · related or exempt $162,407

  • 3 · Investment income

    total $406 · excluded $406

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $145,434 · program services $130,891 · management and general $14,543

  • 7 · Other salaries and wages

    total $127,363 · program services $114,627 · management and general $12,736

  • 8 · Pension plan contributions

    total $8,247 · program services $7,422 · management and general $825

  • 9 · Other employee benefits

    total $1,465 · program services $1,318 · management and general $147

  • 10 · Payroll taxes

    total $21,110 · program services $18,999 · management and general $2,111

  • 11a · Fees: management

    total $3,600 · program services $3,600

  • 11b · Fees: legal

    total $1,575 · management and general $1,575

  • 11c · Fees: accounting

    total $6,333 · management and general $6,333

  • 13 · Office expenses

    total $7,363 · program services $7,248 · management and general $115

  • 17 · Travel

    total $5,086 · program services $4,138 · management and general $948

  • 19 · Conferences, conventions and meetings

    total $4,256 · program services $4,256

  • 23 · Insurance

    total $1,729 · management and general $1,729

  • 24a · Other expenses: FOOD SERVICE

    total $33,902 · program services $33,902

  • 24b · Other expenses: WEBSITE EXPENSES

    total $9,467 · program services $9,467

  • 24c · Other expenses: CREDIT CARD FEES

    total $4,406 · program services $4,406

  • 24d · Other expenses: PENSION ADMIN

    total $4,095 · management and general $4,095

  • 24e · All other expenses

    total $7,407 · program services $4,641 · management and general $2,766

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $152,624 · end of year $155,528

  • 2 · Savings and temporary cash investments

    beginning of year $102,324 · end of year $150,000

  • 15 · Other assets

    beginning of year $120 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $128 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $254,940 · end of year $305,528

Mission and programs · 2022

Mission

PROMOTION OF REGIONAL DEVELOPMENT OF THE KNOXVILLE AND OAK RIDGE AREA OF EAST TENNESSEE BY EXPLORING BROAD OPPORTUNITIES FOR GROWTH, SPECIFICALLY IN ENERGY TECHNOLOGY AND ENCOURAGING THE NEED FOR UNIFIED ACTION TOWARD COMMON COMMUNITY GOALS.

Activities or mission (Part I)

PROMOTION OF REGIONAL DEVELOPMENT OF THE KNOXVILLE AND OAK RIDGE AREA OF EAST TENNESSEE.

  • PROVIDED SUPPORT OF REGIONAL DEVELOPMENT OF THE KNOXVILLE AND OAK RIDGE AREA OF EAST TENNESSEE.

    Expenses $344,915 · Revenue $162,407

As filed on the 2022 return.

Listed in Part VII

  • Darrell Akins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jeff Slack

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Gerald Boyd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Steve Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Stacey Patterson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Andy Page

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Cortney Piper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jeff Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Billy Stair

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • John McNeely

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Bonnie Carroll

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jacqueline Whiteside

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Mike Schlitz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Michael Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Alan Icenhour

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Paul Clay

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Tom Ballard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Danni Varlan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Anthony Wise

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Ken Barry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Ken Rueter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Jeremy Biggs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Steve Hicks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Tom Tuck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Thomas Zacharia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Tom Rogers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Eric Abelquist

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Bert Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • David Bradshaw

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Joe Heckman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Joe Storch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Sherry Browder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Sasha Benjamin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Randy Inklebarger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Reed Mullins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Travis Howerton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Darren Osborne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Alan Liby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Misty Mayes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Spencer Hall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Susana Navarro-Valenti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Barry Stephenson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Cathy Toth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Bob Van Hook

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Chris Whaley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Deb Crawford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Katie Dignan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Mark Ellison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Scott McKinney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Lindsey Twardy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Loong Yong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Buddy Heins

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Harry Boston

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    0.5
  • Ryan Overton

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Leigha Witt

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5
  • Tracy Boatner

    PRESIDENT

    Total calculated
    $122,906
    From this org
    $113,959
    From related orgs
    $0
    Other
    $8,947
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
6 December 2023
IRS schema version
2022v5.0
Source object
202400339349300010

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