- Revenue 2024
- $10,808,798
- Expenses 2024
- $10,535,908
As filed
- Subsection
- 06
- Classification
- 3000
- Street
- PO BOX 224
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
TO SERVE OUR MEMBERS AND PARTNERS BY IMPROVING THE QUALITY OF LIFE THROUGH REGIONAL ECONOMIC PROSPERITY.
-
ECONOMIC DEVELOPMENT OF THE STANDARD METROPOLITAN STATISTICAL AREA FOCUSING ON SHELBY COUNTY, TN. SERVICE TO THE GENERAL BUSINESS COMMUNITY TO DEVELOP A STRONG ECONOMIC CLIMATE FOR THE AREA SERVICED.
-
MARKETING THE BUSINESS ATTRIBUTES OF THE SERVICE AREA.
-
SUPPORTING NEEDS OF SPECIFIC SPECIAL PROJECTS THAT ENHANCE THE ECONOMIC COMMUNITY.
-
DEVELOPMENT AND IMPLEMENTATION OF LONG RANGE ECONOMIC STRATEGIES
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Doug BrowneDOUG BROWNE
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Greg DuckettGREG DUCKETT
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Russell NenonRUSSELL NENON
FINANCE CHAIR & TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Duncan WilliamsDUNCAN WILLIAMS
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Jason YarbroJASON YARBRO
SECRETARY AND GENERAL COUNCIL
- Total calculated
- $0
- Hours/week
- 1
-
Imad AbdullahIMAD ABDULLAH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ben AdamsBEN ADAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Terry BlueTERRY BLUE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jozelle BookerJOZELLE BOOKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eric BrownERIC BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tyrone BurroughsTYRONE BURROUGHS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael CristalMICHAEL CRISTAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill Dunavant IIIBILL DUNAVANT III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Craig GaffinCRAIG GAFFIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason GillumJASON GILLUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Willie GregoryWILLIE GREGORY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin KaneKEVIN KANE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daphne LargeDAPHNE LARGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason LittleJASON LITTLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tammy LocascioTAMMY LOCASCIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Neely Mallory IIINEELY MALLORY III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David MayDAVID MAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stacy McCallSTACY MCCALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Doug McGowenDOUG MCGOWEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom NewbernTOM NEWBERN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
The first 25 listed. 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $10,808,798
- Expenses
- $10,535,908
- Contributions
- $9,532,787
- Grants paid
- $0
-
2023
- Revenue
- $8,305,030
- Expenses
- $8,607,830
- Contributions
- $6,354,530
- Grants paid
- $0
-
2022
- Revenue
- $7,361,900
- Expenses
- $7,646,197
- Contributions
- $5,576,375
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $6,894,505
- Expenses
- $6,049,161
- Assets (EOY)
- $3,591,167
-
2020 · 990
- Revenue
- $7,733,165
- Expenses
- $4,979,656
- Assets (EOY)
- $2,654,161
-
2019 · 990
- Revenue
- $6,568,848
- Expenses
- $6,464,436
- Assets (EOY)
- $627,339
-
2018 · 990
- Revenue
- $6,831,783
- Expenses
- $6,448,637
- Assets (EOY)
- $908,457
-
2017 · 990
- Revenue
- $6,033,752
- Expenses
- $6,806,583
- Assets (EOY)
- $1,012,559
-
2016 · 990
- Revenue
- $6,305,527
- Expenses
- $6,643,564
- Assets (EOY)
- $568,974
-
2015 · 990
- Revenue
- $6,167,049
- Expenses
- $6,634,488
- Assets (EOY)
- $563,338
-
2014 · 990
- Revenue
- $5,809,528
- Expenses
- $6,895,297
- Assets (EOY)
- $973,641
-
2013 · 990
- Revenue
- $6,679,725
- Expenses
- $6,683,303
- Assets (EOY)
- $1,977,579
-
2012 · 990
- Revenue
- not reported
- Expenses
- $5,729,848
- Assets (EOY)
- $2,123,955
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
$105,000
2024 PROGRAM SUPPORT
-
$50,000
2024 DONATION - GENERAL OPERATING
-
2022 ANNUAL CHAIRMAN'S BALL
-
2024 ANNUAL CHAIRMAN'S BALL
-
$8,500
2024 Sponsorship of events
-
2023 ANNUAL CHAIRMAN'S BALL
-
$2,500
2023 Program Support
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
501(C)(3) · EDUCATION AND RESEARCH TO SUPPORT ECONOMIC DEVELOPMENT PLANNING · TN
Declared as related by
-
On its 2024 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.