Greater Knoxville Chamber Of Commerce

Organization Overview

Greater Knoxville Chamber Of Commerce is located in Knoxville, TN. The organization was established in 1942. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Greater Knoxville Chamber Of Commerce employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Knoxville Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 06/2022, Greater Knoxville Chamber Of Commerce generated $4.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $4.4m during the year ending 06/2022. While expenses have increased by 0.2% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

DRIVING REGIONAL ECONOMIC PROSPERITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE KNOXVILLE AREA CHAMBER PARTNERSHIP IS ORGANIZED TO ADVACNE THE GENERAL WELFARE AND PROSPERITY OF THE KNOXVILLE AREA, SO THAT ITS CITIZENS AND ITS BUSINESS COMMUNITY WILL FLOURISH.


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Board, Officers & Key Employees

Name (title)Compensation
Owen M Odom
President/ C
$269,560
Wes Stowers
Chair
$0
Daniel Carter
Past Chair
$0
Nikitia Thompson
Board Secret
$0
Randy Jenkins
Treasurer
$0
Mark Mamantov
General Coun
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$2,176,012
Fundraising events$0
Related organizations$0
Government grants $1,080,000
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,256,012
Total Program Service Revenue$1,110,372
Investment income $413
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $38,594
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,489,464

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Greater Knoxville Chamber Of Commerce has recieved totaling $11,600.

Awarding OrganizationAmount
University Health System Inc

Knoxville, TN

PURPOSE: OPERATIONAL SUPPORT

$6,600
East Tennessee Childrens Hospital Association Inc

Knoxville, TN

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Recipient Profile

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