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Chattanooga Chamber Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237032834 ✦ Chattanooga, TN ✦ Designated as a 501(c)(3)

Overview

What is Chattanooga Chamber Foundation?

The Chattanooga Chamber Foundation is a nonprofit organization situated in Chattanooga, Tennessee, specifically at 811 BROAD ST SUITE 100. Its primary mission is to foster leadership development within the local community, aiming to leverage the strengths of civic and political leaders for the betterment of the area. To achieve this, they sponsor an annual leadership program, preparing existing leaders for community decision-making, and recognize business and community leaders through events. The organization communicates with the business community, addressing issues crucial for leaders. Their mission is to enhance the quality and increase the quantity of economic growth and employment opportunities through education on matters of public concern. They currently employ 56 individuals.


Official website here: www.chattanoogachamber.com

Is Chattanooga Chamber Foundation legitimate?

Chattanooga Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chattanooga Chamber Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $619,034
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,489,479

For more financial information, click here


Official website here: www.chattanoogachamber.com

What is the mission statement of Chattanooga Chamber Foundation?

The Chattanooga Chamber Foundation's mission is centered around promoting education regarding public matters that aim to enhance economic growth and create more employment opportunities. Their goal is to improve the quality of such growth, serving as an organization that educates the community on these matters. The foundation also focuses on leadership development, ensuring that the community benefits from strong civic and political leadership. They achieve this through an annual leadership program, preparing existing leaders for community decision-making, and recognizing business and community leaders at events. Additionally, the foundation communicates with the business community on issues that are crucial for leaders.


Official website here: www.chattanoogachamber.com

Who is the CEO of Chattanooga Chamber Foundation?

Charles Wood is the V/P Economic Development of Chattanooga Chamber Foundation. The CEO's salary of Chattanooga Chamber Foundation is $257,854 and their total compensation is $389,285.


Official website here: www.chattanoogachamber.com

What is the revenue of Chattanooga Chamber Foundation?

Chattanooga Chamber Foundation's revenue in 2022 was $4,207,159.


Official website here: www.chattanoogachamber.com

Who are the executives of Chattanooga Chamber Foundation and what are their salaries?

The average compensation at Chattanooga Chamber Foundation during 2022 was $37,652. There are 56 employees and 4,167 volunteers at Chattanooga Chamber Foundation.

Here are 10 key members and their salaries (Chattanooga Chamber Foundation's CEO's salary is $257,854 and their total compensation is $389,285):

    Christine Gillenwater (President/Ceo) [Trustee/Director]
  • Compensation: $257,854
  • Related: $69,013
  • Other: $62,418

    • Charles Wood (V/P Economic Development)
  • Compensation: $172,814
  • Related: $0
  • Other: $19,312

    • Cheryl Millsaps (V/P Finance And Administra)
  • Compensation: $102,603
  • Related: $25,651
  • Other: $23,046

    • Roy D Vaughn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Leath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janelle Reilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Wade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Dale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James M Haley Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Mathis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.chattanoogachamber.com

    Where can I find the form 990 for Chattanooga Chamber Foundation?

    The Chattanooga Chamber Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.chattanoogachamber.com

    Learn more at the official website: www.chattanoogachamber.com

    Mission Statement of Chattanooga Chamber Foundation

    The Chattanooga Chamber Foundation, a nonprofit organization, is dedicated to promoting education on matters of public concern that aim to enhance the quality and boost the quantity of economic growth and employment opportunities. In pursuit of this mission, the foundation focuses on leadership development. It organizes an annual leadership program to prepare existing leaders for community decision-making, recognizes business and community leaders, and communicates with the business community on issues crucial to leaders. The Chattanooga Chamber Foundation plays a pivotal role in ensuring that the Chattanooga area benefits from strong civic and political leadership.

    Impact

    This information is meant to be a general summary of Chattanooga Chamber Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Chattanooga Chamber Foundation's impact can be seen through its dedication to education on matters of public concern to enhance the quality and quantity of economic growth and employment opportunities in the Chattanooga area. By providing leadership development programs, such as annual leadership programs that prepare existing leaders for community decision-making, the foundation ensures that Chattanooga benefits from strong civic and political leadership. Additionally, the foundation hosts events to recognize business and community leaders, as well as communicates with the business community on vital issues. Through these initiatives, the Chattanooga Chamber Foundation plays a significant role in fostering economic growth and creating employment opportunities in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,625
  • Program Service Revenue: $1,060,510
  • Gross Receipts: $4,484,796

    • Assets and Liabilities:
  • Total Assets: $7,823,041
  • Total Liabilities: $2,157,331
  • Net Assets: $5,665,710
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ECONOMIC DEVELOPMENT

    Revenue

    $535,328

    EVENTS, SEMINARS AND OTHER PROGRA

    Revenue

    $525,182

    Organization Details

    Founding Year

    1969

    Principal Officer

    Charles Wood

    Main Address

    811 BROAD ST SUITE 100, CHATTANOOGA, TN, 37402

    NTEE Category

    Code: T30 - Philanthropy

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