Totals
- Total revenue
- $10,617,267
- Total expenses
- $9,522,257
- Contributions and grants received
- $839,408
- Grants paid
- $0
- Program service revenue
- $9,623,872
- Investment income
- $153,987
- Other revenue
- $0
- Total assets, end of year
- $17,657,479
- Total liabilities, end of year
- $7,568,306
- Net assets or fund balances, end of year
- $10,089,173
- Program services expenses (Part IX)
- $7,992,633
- Management and general expenses
- $1,529,624
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $7,992,633
Program services were 83.9% 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.
-
1e · Government grants (contributions)
$839,408
-
2a · Program service revenue: EVENTS & HOTEL
total $8,879,307 · related or exempt $8,879,307
-
2b · Program service revenue: PARKING GARAGE
total $744,565 · related or exempt $744,565
-
3 · Investment income
total $253,201 · excluded $253,201
-
7b · Less cost or other basis and sales expenses
other assets $99,214
-
7c · Gain or loss
other assets -$99,214
-
7d · Net gain or loss
total -$99,214 · excluded -$99,214
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $162,993 · program services $65,197 · management and general $97,796
-
7 · Other salaries and wages
total $1,626,018 · program services $873,944 · management and general $752,074
-
8 · Pension plan contributions
total $39,751 · management and general $39,751
-
9 · Other employee benefits
total $133,545 · management and general $133,545
-
10 · Payroll taxes
total $113,567 · program services $43,654 · management and general $69,913
-
11b · Fees: legal
total $5,388 · program services $5,388
-
11c · Fees: accounting
total $15,945 · program services $15,945
-
11g · Fees: other
total $20,814 · program services $8,204 · management and general $12,610
-
12 · Advertising and promotion
total $13,690 · program services $5,000 · management and general $8,690
-
13 · Office expenses
total $17,753 · program services $418 · management and general $17,335
-
16 · Occupancy
total $1,118,406 · program services $1,118,406
-
17 · Travel
total $3,975 · program services $3,975
-
22 · Depreciation, depletion and amortization
total $918,573 · program services $918,573
-
23 · Insurance
total $141,354 · program services $141,354
-
24a · Other expenses: LEVY EXPENSES
total $3,774,376 · program services $3,774,376
-
24b · Other expenses: EVENTS
total $649,467 · program services $649,467
-
24c · Other expenses: CONTRACT SERVICEES
total $379,732 · management and general $379,732
-
24d · Other expenses: MAINTENANCE
total $259,400 · program services $259,400
-
24e · All other expenses
total $127,510 · program services $109,332 · management and general $18,178
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,325,254 · end of year $3,031,490
-
4 · Accounts receivable
beginning of year $375,962 · end of year $144,220
-
9 · Prepaid expenses and deferred charges
beginning of year $30,610 · end of year $32,564
-
10a · Land, buildings and equipment: cost or other basis
$27,453,559
-
10b · Land, buildings and equipment: accumulated depreciation
$19,961,383
-
10c · Land, buildings and equipment, net
beginning of year $7,344,405 · end of year $7,492,176
-
15 · Other assets
beginning of year $6,638,115 · end of year $6,957,029
-
17 · Accounts payable and accrued expenses
beginning of year $879,497 · end of year $343,993
-
19 · Deferred revenue
beginning of year $6,598,648 · end of year $138,012
-
25 · Other liabilities
beginning of year $242,038 · end of year $7,086,301
-
29 · Capital stock, trust principal or current funds
beginning of year $1,649,758 · end of year $2,596,997
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $7,344,405 · end of year $7,492,176
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
ENCOURAGE ECONOMIC DEVELOPMENT
-
THE ORGANIZATION OWNS AND MANAGES A CONVENTION CENTER FOR THE PURPOSE OF ENCOURAGING THE ECONOMIC DEVELOPMENT OF CHATTANOOGA AND HAMILTON COUNTY.
Expenses $7,778,772 · Revenue $8,879,307
-
THE ORGANIZATION OWNS AND MANAGES A PARKING GARAGE FOR THE PURPOSE OF ENCOURAGING ECONOMIC DEVELOPMENT OF CHATTANOOGA AND HAMILTON COUNTY.
Expenses $213,861 · Revenue $744,565
As filed on the 2022 return.
Listed in Part VII
-
Evann FreemanEVANN FREEMAN
ASST SECRETARY/DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Malcolm HarrisMALCOLM HARRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Hicks ArmorHICKS ARMOR
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
William B Raines JrWILLIAM B RAINES JR
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Anne WilkinsANNE WILKINS
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Chris CrimminsCHRIS CRIMMINS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Craig FullerCRAIG FULLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mike ShufordMIKE SHUFORD
EXECUTIVE DIRECTOR
- Total calculated
- $157,987
- From this org
- $141,122
- From related orgs
- $0
- Other
- $16,865
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,122
- Bonus
- $0
- Other
- $0
- Deferred
- $9,264
- Nontaxable benefits
- $7,601
- Filer's total
- $157,987
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 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
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CITY OF CHATTANOOGA
CHATTANOOGA CITY GOVERNMENT · TN
-
CHATTANOOGA AREA CONVENTION AND VISITORS' BUREAU
501(C)(4) · CITY VISITORS' BUREAU · TN
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 19 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322969349301147
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.