Chattanooga Technology Council
- Assets
- $80.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Chattanooga, TN
- Founding
- 10/2003
- Data as of
- 12/2021
- EIN
- 06-1661001
Organization Overview
Chattanooga Technology Council is located in Chattanooga, TN. The organization was established in 2003. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Chattanooga Technology Council employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chattanooga Technology Council is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Chattanooga Technology Council generated $166.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $190.4k during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE CHATTANOOGA TECHNOLOGY COUNCIL PROMOTES THE GROWTH OF TECHNOLOGY IN BUSINESS AND EDUCATION THROUGHOUT THE GREATER CHATTANOOGA AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Adams Board Member | 1 | $0 | |
Austin Corcoran Board Member | 1 | $0 | |
Josh Davis Board Member | 1 | $0 | |
James Dean Secretary | 1 | $0 | |
Vicki Farnsworth Board Member | 1 | $0 | |
Jeremy Fisher Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,053 |
| Total Program Service Revenue | $13,005 |
| Membership dues | $22,150 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,725 |
| Other Revenue | $0 |
| Total Revenue | $166,933 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $8,525 |
| Salaries, other compensation, and employee benefits | $124,478 |
| Professional fees and other payments to independent contractors | $31,609 |
| Occupancy, rent, utilities, and maintenance | $9,709 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,032 |
| Total expenses | $190,353 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,174 |
| Other assets | $0 |
| Total assets | $80,376 |
| Total liabilities | $5,489 |
| Net assets or fund balances | $74,887 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chattanooga Technology Council has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pipeline Research Council International Inc Chantilly, VA | $19,057,089 | $17,544,537 |
Virginia Society Of Certified Public Accountants Glen Allen, VA | $7,638,918 | $5,705,008 |
Pipe Line Contractors Association Arlington, VA | $3,589,636 | $6,412,897 |
Builders Association Of Kansas City Kansas City, MO | $9,644,021 | $4,877,663 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Mobile, AL | $11,744,675 | $3,230,739 |
National Tile Contractors Assoc Jackson, MS | $5,173,530 | $3,514,951 |
Tennessee Society Of Certified Public Accountants Brentwood, TN | $4,364,880 | $3,240,812 |
The Surplus Lines Association Of North Carolina Raleigh, NC | $12,949,553 | $5,323,982 |
Orthoforum Inc Knoxville, TN | $4,583,324 | $2,767,682 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Nashville, TN | $4,408,453 | $2,757,970 |
National Utility Contractors Association Inc Fairfax, VA | $2,626,638 | $2,535,336 |
Bbb Wise Giving Alliance Arlington, VA | $1,735,279 | $2,119,242 |