Form 990 for tax year 2025
Filed by KNOX COUNTY CHAMBER OF COMMERCE.
Totals
- Total revenue
- $320,004
- Total expenses
- $383,957
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $267,457
- Investment income
- $7,002
- Other revenue
- $45,545
- Total assets, end of year
- $531,803
- Total liabilities, end of year
- $261,597
- Net assets or fund balances, end of year
- $270,206
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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.
-
2a · Program service revenue: Annual Dinner
total $81,290 · related or exempt $81,290
-
2b · Program service revenue: Leadership Knox
total $24,561 · related or exempt $24,561
-
2c · Program service revenue: Membership Dues & Assessments
total $137,220 · related or exempt $137,220
-
2d · Program service revenue: Other Progams
total $24,386 · related or exempt $24,386
-
3 · Investment income
total $2,796 · excluded $2,796
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $18,300
-
6b · Less rental expenses
real property $3,932
-
6c · Rental income or loss
real property $14,368
-
6d · Net rental income or loss
total $14,368 · related or exempt $14,368
-
7a · Gross sales of assets other than inventory
other assets $4,206
-
7c · Gain or loss
other assets $4,206
-
7d · Net gain or loss
total $4,206 · related or exempt $4,206
-
8a · Fundraising events: gross income
$67,493
-
8b · Fundraising events: direct expenses
$39,153
-
8c · Net income from fundraising events
total $28,340
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Miscellaneous
total $2,837 · excluded $2,837
-
11e · Other revenue, total
$2,837
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $151,657
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $29,334
-
10 · Payroll taxes
total $12,236
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $3,960
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $100
-
13 · Office expenses
total $6,372
-
14 · Information technology
total $7,686
-
15 · Royalties
total $0
-
16 · Occupancy
total $53,337
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $17,585
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $14,268
-
23 · Insurance
total $1,831
-
24a · Other expenses: PROGRAM EXPENSES
total $74,910
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $11,009
-
24c · Other expenses: Service Fees
total $4,140
-
24d · Other expenses: minor equipment & supplies
total $2,558
-
24e · All other expenses
total -$7,026
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $16,226 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $118,238 · end of year $85,933
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$458,015
-
10b · Land, buildings and equipment: accumulated depreciation
$16,188
-
10c · Land, buildings and equipment, net
beginning of year $455,930 · end of year $441,827
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $4,208 · end of year $4,043
-
15 · Other assets
beginning of year $240 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $9,587 · end of year $11,596
-
23 · Secured mortgages and notes payable
beginning of year $250,000 · end of year $250,000
-
25 · Other liabilities
beginning of year $1,096 · end of year $1
-
27 · Net assets without donor restrictions
beginning of year $334,159 · end of year $270,206
Mission and programs · 2025
Mission
The Knox County Chamber of Commerce is a private business organization and serves as a vehicle through which the business and professional community are organized to work together to define and solve community and economic development issues as well as to network and support each other. The Chamber facilitates pooling these resources to provide business and professional development otherwise unavailable to a business on its own. The Chamber of Commerce also initiates collaborations among municipalities, businesses and the community at large.
-
Annual Dinner - Chamber recognizes members excelling in selected categories through an awards banquet.
-
Leadership Knox - Chamber corrodinates a community leadership program. The program educates and develops future leaders on critical issues facing Knox County.
-
General membership programs including advocacy, member business referrals, monthly newsletters, and discount programs.
As filed on the 2025 return.
Listed in Part VII
-
Don DivelbissDON DIVELBISS
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jeremy AbramsJEREMY ABRAMS
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Michelle TurnerMICHELLE TURNER
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Chris PeteCHRIS PETE
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Julie BrodieJULIE BRODIE
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Mike CopleyMIKE COPLEY
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
David AlleyDAVID ALLEY
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Brock RossBROCK ROSS
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Joe WalshJOE WALSH
Member Benefits
- Total calculated
- $0
- Hours/week
- 1
-
Maxwell LeaningMAXWELL LEANING
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Alice HutzelALICE HUTZEL
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Sam FilkinsSAM FILKINS
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Jeff LavinJEFF LAVIN
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Noelle JordanNOELLE JORDAN
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Justin HoltJUSTIN HOLT
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Zach GreenZACH GREEN
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Jill BallengerJILL BALLENGER
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Carol GrubaughCAROL GRUBAUGH
Former Ex Dir
- Total calculated
- $0
- Hours/week
- 40
-
Nick BlanchardNICK BLANCHARD
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Steve OsterSTEVE OSTER
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Denise ConwayDENISE CONWAY
Exec Board Memb
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 16 February 2026
- IRS schema version
- 2025v4.0
- Source object
- 202640479349300324
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