Chattanooga Orthopedic Educational & Research Foundation
- Assets
- $987.5k
- Revenue
- $57.4k
- Investments
- $922.4k
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 03/1971
- Data as of
- 12/2023
- EIN
- 23-7091528
Organization Overview
Chattanooga Orthopedic Educational & Research Foundation is located in Chattanooga, TN. The organization was established in 1971. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chattanooga Orthopedic Educational & Research Foundation 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 12/2023, Chattanooga Orthopedic Educational & Research Foundation generated $57.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $48.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Chattanooga Orthopedic Educational & Research Foundation has awarded 101 individual grants totaling $122,824. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES EDUCATIONAL RESOURCES FOR RESIDENTS IN ORTHPAEDIC MEDICINE.
SEMINARS, EDUCATIONAL AND RESEARCH MATERIALS ARE THE MAJOR EXPENDITURES. SEE PART XV
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Quigley President | 1 | $0 | |
Daniel Doty Vice President | 1 | $0 | |
Marshall Jemison Secretary | 1 | $0 | |
Bryce Cunningham Treasurer | 1 | $0 | |
Jeremy Bruce Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,858 |
| Interest on Savings | $2,894 |
| Dividends & Interest | $35,646 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $16,415 |
| Net ST Capital Gain | $10,087 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $57,398 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $245 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $60 |
| Other expenses | $38,492 |
| Total operating and administrative expenses | $39,877 |
| Contributions, gifts, grants paid | $9,027 |
| Total expenses and disbursements | $48,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,046 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $987,470 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Chattanooga Orthopedic Educational & Research Foundation has awarded $9,027 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
N HAUNG PURPOSE: EDUCATIONAL EXPENSES | $455 |
D MILES PURPOSE: EDUCATIONAL EXPENSES | $455 |
C READ PURPOSE: EDUCATIONAL EXPENSES | $455 |
T GOODWIN PURPOSE: EDUCATIONAL EXPENSES | $150 |
F COLON PURPOSE: EDUCATIONAL EXPENSES | $900 |
M SCULL PURPOSE: EDUCATIONAL EXPENSES | $150 |