Chestnut Group Inc
- Assets
- $57.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, TN
- Founding
- 07/2005
- Data as of
- 12/2021
- EIN
- 83-0345524
Organization Overview
Chestnut Group Inc is located in Franklin, TN. The organization was established in 2005. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chestnut Group Inc 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 12/2021, Chestnut Group Inc generated $122.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $117.9k during the year ending 12/2021. While expenses have increased by 8.8% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judson Newbern Vice President | 2 | $0 | |
Karen Philpott President | 20 | $0 | |
Donna Brumbergs Member Co Chair | 1.5 | $0 | |
Carol Johnston Rec Secretary | 3 | $0 | |
Bridgette Hubbard Member Co Chair | 2 | $0 | |
Renee Bates Sponsor Chr/sec | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $110,700 |
| Membership dues | $11,652 |
| Investment income | $68 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $122,420 |
| 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 | $540 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $66 |
| Other expenses | $117,336 |
| Total expenses | $117,942 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,284 |
| Other assets | $0 |
| Total assets | $57,284 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,284 |
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