Chattanooga Cotton Ball Association
- Assets
- $128.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 02/1962
- Data as of
- 10/2022
- EIN
- 62-0649630
Organization Overview
Chattanooga Cotton Ball Association is located in Chattanooga, TN. The organization was established in 1962. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chattanooga Cotton Ball Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 10/2022, Chattanooga Cotton Ball Association generated $128.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $135.8k during the year ending 10/2022. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF MUSIC AND FINE ARTS (NOT INCLUDING IN KIND EXPENSE OF $2,000)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Reisman Drayer Director | 1 | $0 | |
Julia Wheland Garrett Director | 1 | $0 | |
Sharel Vansandt Hooper Director | 1 | $0 | |
Mark Allen Ramsey Director | 1 | $0 | |
Claire Hunt Mcvay Director | 1 | $0 | |
Sally Willingham Ratterman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $126,549 |
| Membership dues | $0 |
| Investment income | $121 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,345 |
| Total Revenue | $128,015 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,457 |
| Occupancy, rent, utilities, and maintenance | $2,457 |
| Printing, publications, postage, and shipping | $5,990 |
| Other expenses | $121,408 |
| Total expenses | $135,812 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,689 |
| Other assets | $0 |
| Total assets | $128,689 |
| Total liabilities | $0 |
| Net assets or fund balances | $128,689 |
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