Overview
What is The Stadium Corp?
The Stadium Corp is a distinguished nonprofit organization situated in Chattanooga, Tennessee. Its primary responsibility lies in managing and overseeing The Stadium, a versatile venue that caters to a wide range of events, including sports competitions, musical concerts, and civic gatherings. As a multipurpose facility, The Stadium serves as a vital hub for the community, fostering social engagement and entertainment opportunities. The Stadium Corp's mission revolves around ensuring the smooth operation of this cherished venue, contributing to the overall enrichment of the Chattanooga community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating
The Stadium Corp has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 82%. The rating is derived entirely from the Accountability & Finance beacon, indicating a strong emphasis on financial health and governance practices.
One of the organization's strengths is its fully independent board, consisting of 11 members, which contributes positively to its governance structure. Additionally, the organization demonstrates excellent financial practices, as evidenced by its perfect score in financial statements audit and a low liabilities-to-assets ratio of 1.00%. The high program expense ratio of 88.97% indicates that the majority of the funds are directed toward its charitable programs.
However, as the rating is solely based on financial metrics, there may be limited insight into other operational aspects, such as program effectiveness or community impact. While the financial accountability is commendable, potential donors might want to consider these factors when evaluating the organization for support.
This AI summary has been generated from information found on Charity Navigator.
Is The Stadium Corp legitimate?
The Stadium Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Stadium Corp 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $791,710
For more financial information, click here
What is the mission statement of The Stadium Corp?
The Stadium Corp, as a non-profit organization, is dedicated to managing and operating a multipurpose facility. This facility, often referred to as The Stadium, serves as a venue for various events, including sporting matches, musical concerts, and civic gatherings. The primary mission of The Stadium Corp is to ensure the smooth operation of these events, thereby contributing to the community's cultural and recreational activities. The organization's role extends beyond event management, as it also aims to provide a safe and enjoyable experience for all attendees.
What is the revenue of The Stadium Corp?
The Stadium Corp's revenue in 2024 was $3,566,943.
Who are the executives of The Stadium Corp and what are their salaries?
The average compensation at The Stadium Corp during 2024 was $6,653. There are 119 employees and 50 volunteers at The Stadium Corp.
Here are 11 key members and their salaries:
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Where can I find the form 990 for The Stadium Corp?
The Stadium Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Stadium Corp
The Stadium Corporation, a non-profit organization, is dedicated to the management and operation of a multifaceted facility known as The Stadium. Situated in an undisclosed location, this venue serves as a hub for various civic events, including sporting contests and concerts. The Corporation's mission revolves around ensuring the successful execution of these events, thereby contributing to the community's cultural and recreational landscape.
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Impact
July, 2024
The Stadium Corp in Chattanooga, TN has had a significant impact on the community by providing a versatile venue for a variety of events including sporting events, concerts, and civic gatherings. Its presence has not only enriched the cultural and entertainment scene in the city but has also fostered community engagement and pride. By managing and operating The Stadium, The Stadium Corp has played a vital role in promoting community improvement and bringing people together for shared experiences and celebrations.
This information is meant to be a general summary of The Stadium Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $11,358
- Program Service Revenue: $2,402,246
- Gross Receipts: $3,566,943
Assets and Liabilities:
- Total Assets: $13,604,052
- Total Liabilities: $136,752
- Net Assets: $13,467,300
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CIVIC STADIUM OPERATIO
Revenue
$2,402,246
Organization Details
Founding Year
1994
Principal Officer
Michael M Davis
NTEE Category
Code: S200 - Community improvement
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