Tennessee Eastman Recreation Club

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

EIN: 626047180 ✦ Kingsport, TN ✦ Designated as a 501(c)(4)

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Overview

What is Tennessee Eastman Recreation Club?

The Tennessee Eastman Recreation Club is a nonprofit organization situated in Kingsport, Tennessee. It offers a variety of recreational activities, including entertainment and arts & crafts, to its 4,640 members, primarily comprised of employees and retirees of Eastman Chemical Company. The club's funds, collected through membership dues and assessments, are solely dedicated to providing these recreational benefits. The club's activities aim to foster a sense of community and leisure among its members.

Is Tennessee Eastman Recreation Club legitimate?

Tennessee Eastman Recreation Club is a legitimate nonprofit organization registered as a 501(c)(4) entity. Tennessee Eastman Recreation Club 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: $0

For more financial information, click here

What is the mission statement of Tennessee Eastman Recreation Club?

The Tennessee Eastman Recreation Club's mission is centered around providing recreational benefits to the employees of Eastman Chemical Company. This encompasses various athletic and non-athletic activities. The funds for these benefits, including membership dues and assessments, are utilized solely for this purpose. The club offers a wide range of activities, including special entertainment and arts & crafts, which are open to all the club's 4,640 members and retirees.

Who is the CEO of Tennessee Eastman Recreation Club?

Sharon Hardin is the Chairperson of Tennessee Eastman Recreation Club.

What is the revenue of Tennessee Eastman Recreation Club?

Tennessee Eastman Recreation Club's revenue in 2022 was $511,258.

Who are the executives of Tennessee Eastman Recreation Club and what are their salaries?


Here are 3 key members and their salaries:


Sharon Hardin (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Douthat (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Demetrius Lattany (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tennessee Eastman Recreation Club?

Tennessee Eastman Recreation Club's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tennessee Eastman Recreation Club

Tennessee Eastman Recreation Club, or TERC, is dedicated to offering recreational benefits to the employees of Eastman Chemical Company. The club's mission is centered around providing a variety of sports and other activities, with the membership dues and assessments being used solely for this purpose. This organization aims to enhance the leisure time of its 4,640 members and retirees, offering a wide array of activities that cater to their interests.

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Impact




October, 2024

The Tennessee Eastman Recreation Club (ERC) has a significant impact on the community by providing a diverse range of recreational benefits and activities for employees of Eastman Chemical Company and their families. With a robust membership of 4,640 members and retirees, the ERC fosters a sense of belonging and community through various sports and activities.

The club organizes athletic events, arts and crafts, and special entertainment, encouraging a healthy work-life balance and promoting physical fitness among its members. By utilizing membership dues and assessments exclusively for recreational purposes, the ERC ensures that its offerings are tailored to the interests and needs of its members, enhancing overall employee morale and well-being.

In Kingsport, Tennessee, the club plays a vital role in enriching the lives of its members, creating opportunities for social interaction and teamwork, and contributing to a vibrant workplace culture. Through its comprehensive programs, the Tennessee Eastman Recreation Club strengthens community ties and promotes a healthier lifestyle, demonstrating its valuable impact on both individuals and the larger Eastman community.




This information is meant to be a general summary of Tennessee Eastman Recreation Club. 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.

Revenue
$511,258 (2022)
Expenses
$394,604 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,363
  • Program Service Revenue: $454,734
  • Gross Receipts: $511,258

Assets and Liabilities:

  • Total Assets: $567,751
  • Total Liabilities: $0
  • Net Assets: $567,751

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Programs

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

See Schedule O

Revenue

$76,140

See Schedule O

Revenue

$352,450

See Schedule O

Revenue

$26,144

Organization Details

Founding Year

1928

Principal Officer

Sharon Hardin

Main Address

PO BOX 511, KINGSPORT, TN, 376625000

NTEE Category

Code: N50 - Recreation

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