2024-12-11T14:15:23-06:00 2024-06-30 621046406 JOHNSON HICKEY & MURCHISON PC 2215 OLAN MILLS DRIVE CHATTANOOGA TN 37421 990 2023-07-01 200062024 THE ENTERPRISE CENTER INC ENTE 4236613300 1100 MARKET STREET SUITE 500 CHATTANOOGA TN 37402 MONIQUE KUYKENDOLL QUARTERMAN CHIEF EXECUTIVE OFFICER 4236613300 2024-12-11 1 1 DEREK YOUNG P01350589 4237560052 2024-12-11 2023 2024-10-15 13:58:12Z MONIQUE KUYKENDOLL QUARTE 1100 MARKET STREET SUITE 500 CHATTANOOGA TN 37402 3865247 0 X WWW.THEENTERPRISECTR.ORG X 2003 TN THE ENTERPRISE CENTER UNITES PEOPLE, ORGANIZATIONS, AND TECHNOLOGY, TO BUILD AN ADVANCED AND INCLUSIVE FUTURE FOR OUR COMMUNITY. 21 21 39 12 0 0 4722319 3852538 0 0 14876 12709 0 0 4737195 3865247 0 0 0 0 2546695 2582826 0 0 0 2358357 2058267 4905052 4641093 -167857 -775846 3609826 2641548 511026 318594 3098800 2322954 X THE ENTERPRISE CENTER UNITES PEOPLE, ORGANIZATIONS, AND TECHNOLOGY, TO BUILD AN ADVANCED AND INCLUSIVE FUTURE FOR OUR COMMUNITY. 0 0 2930860 DIGITAL EQUITY - TECH GOES HOME CHATTANOOGA IS THE ENTERPRISE CENTER'S SIGNATURE DIGITAL INCLUSION PROGRAM. AIMED AT MAKING TECHNOLOGY ACCESSIBLE TO ALL, TECH GOES HOME OFFERS DIGITAL LITERACY TRAINING, A SUBSIDIZED LAPTOP OR TABLET, AND ASSISTANCE SIGNING UP FOR LOWCOST HOME INTERNET. SINCE 2015, MORE THAN 5,500 PEOPLE OF ALL AGES HAVE GRADUATED FROM THE PROGRAM AND OVER 4,600 DEVICES HAVE BEEN DISTRIBUTED. TECH GOES HOME WORKS WITH PARTNER ORGANIZATIONS, INCLUDING SCHOOLS, CHURCHES, COMMUNITY CENTERS, AND OTHER NONPROFIT ORGANIZATIONS, TO TRAIN INSTRUCTORS WHO ARE TRUSTED MEMBERS OF THE COMMUNITY BEING SERVED. BY COLLABORATING WITH COMMUNITY PARTNERS, TECH GOES HOME IS ABLE TO EFFECTIVELY SERVE SUCH POPULATIONS AS: THE ELDERLY, STUDENTS AND THEIR PARENTS, PEOPLE WITH DISABILITIES, SPANISH SPEAKERS, PEOPLE TRANSITIONING FROM INCARCERATION, ARTISTS, AND OTHERS. 581283 THE CHATTANOOGA INNOVATION DISTRICT - ESTABLISHED IN 2014, THE INNOVATION DISTRICT OF CHATTANOOGA IS A QUARTER-MILE RADIUS FROM DOWNTOWN'S MILLER PARK. IN THE DISTRICT, ESTABLISHED BUSINESSES AND STARTUPS CLUSTER WITH EDUCATIONAL AND CULTURAL INSTITUTIONS TO CREATE A VIBRANT AND INNOVATIVE ATMOSPHERE. THE DISTRICT ALSO CONTAINS SEVERAL PUBLIC SPACES AND A HOST OF COFFEE SHOPS AND RESTAURANTS, LINKED BY ATTRACTIVE STREETS, A BIKE SHARE PROGRAM, AND FREE DOWNTOWN ELECTRIC SHUTTLES.CHATTANOOGA'S INNOVATION DISTRICT IS A PLACE WHERE PEOPLE FROM ALL WALKS OF LIFE CAN COME TOGETHER TO CREATE AND COLLABORATE. WHETHER IT'S WITHIN THE REALM OF TECHNOLOGY, ART, RECREATION,COMMERCE, OR CIVIC ENGAGEMENT, THE INNOVATION DISTRICT IS A PLACE THAT WELCOMES ALL AND ENCOURAGES NEW WAYS OF THINKING. THE EDNEY INNOVATION CENTER IS THE FRONT DOOR TO CHATTANOOGA'S INNOVATION DISTRICT, PROVIDING FREE PUBLIC MEETING SPACES AND ABUNDANT PROGRAMMING. THE INNOVATION DISTRICT FRAMEWORK PLAN, PUBLISHED IN 2018, OUTLINES THE VALUES OF THE DISTRICT AND ITS VISION FOR THE FUTURE. THE INNOVATION DISTRICT OF CHATTANOOGA IS THE FIRST INNOVATION DISTRICT IN A MID-SIZEDCITY, AND IT HAS BEEN FEATURED IN WORKS BY BROOKINGS INSTITUTION, NATIONAL LEAGUE OF CITIES, THE KAUFMAN FOUNDATION, AND THE NEW YORK TIMES. DRAWING RESIDENTS FROM NEIGHBORHOODS THAT SPANTHE CITY, THE INNOVATION DISTRICT OF CHATTANOOGA STRIVES TO BE INCLUSIVE AND INVITES EVERYONE TO SHARE OWNERSHIP OF THE PLACE AND ITS PROGRAMMING. THE ENTERPRISE CENTER HOSTS QUARTERLY INNOVATION ECOSYSTEM TOUR DAYS TO GIVE REGIONAL LEADERS AND BUSINESS OWNERS A DEEPER UNDERSTANDING OF THE RESOURCES AVAILABLE LOCALLY. ADDITIONALLY, WE REGULARLY HOST VISITORS FROM AROUND THE COUNTRY TO TOUR CHATTANOOGA'S INNOVATION ECOSYSTEM. AS THE FRONT DOOR OF THE INNOVATION DISTRICT, THE EDNEY INNOVATION CENTER IS A WELCOMING AND SHARED SPACE.FLOOR FIVE IS A MULTI-PURPOSE, FREE, PUBLIC EVENT SPACE WHERE MORE THAN 150 GATHERINGS TAKE PLACE EACH MONTH, HOSTED BY A WIDE RANGE OF ORGANIZATIONS AND COMMUNITY MEMBERS. THE SPACE IS AVAILABLE FOR ANYONE IN CHATTANOOGA WHO WISHES TO BUILD A PROJECT OR GROW A COMMUNITY. THE EDNEY IS HOME TO THE ENTERPRISE CENTER, AS WELL AS CO.LAB, SOCIETY OF WORK, THE CITY OF CHATTANOOGA'S IT DEPARTMENT, THE UNIVERSITY OF TENNESSEE AT CHATTANOOGA, AND OFFICES FOR VARIOUS COMPANIES AND NONPROFITS. THE ENTERPRISE CENTER'S VISION IS THAT THE SPACEWILL BRING TOGETHER COMMUNITY MEMBERS TO SHARE IDEAS AND CREATE PROJECTS, BUSINESSES, ART, AND INNOVATIVE SOLUTIONS OF ALL KINDS. 351270 APPLICATIONS AND RESEARCH PROGRAM IS USING CHATTANOOGA'S ADVANCED INTERNET CAPABILITIES FOR THINGS SUCH AS NEW APPLICATION AND SOFTWARE DEVELOPMENT. PROGRAM PARTNERSHIPS INCLUDE COLLEGES ACROSS THE COUNTRY DUE TO THE HIGH INTERNET GIGABIT CAPABILITY FOUND IN CHATTANOOGA. 304671 CHATTAMATTERS IS A HYPER-LOCAL STORYTELLING SERIES FOR THE PEOPLE OF CHATTANOOGA. CHATTAMATTERS WAS CREATED BY THE ENTERPRISE CENTER, IN PARTNERSHIP WITH THE CITY OF CHATTANOOGA. THE MULTIMEDIA SERIES AIMS TO INCREASE CIVIC ENGAGEMENT AND BUILD COMMUNITY BY: EXPLAINING USING SIMPLE AND ENGAGING TOOLS TO SHOW HOW LOCAL GOVERNMENT WORKS, AND HOW CERTAIN ISSUES IMPACT OUR COMMUNITY. EXPLORING - LOOKING AT SOME OF OUR COMMUNITY'S BIGGEST CHALLENGES AND EXPLORING POSSIBLE SOLUTIONS. HIGHLIGHTING - TAKING TIME TO APPRECIATE THE PEOPLE AND PLACES WHO MAKE CHATTANOOGA UNIQUE. 304671 4168084 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 67 0 1 39 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 TN X X DEVAN MUNGER 4236613300 1100 MARKET STREET SUITE 500 CHATTANOOGA TN 37402 ZAC BROWN BOARD MEMBER 1.00 X 0 0 0 SYDNEY CRISP CHAIR 4.00 X X 0 0 0 COURTNEY WATSON SECRETARY 4.00 X X 0 0 0 STACY JOHNSON BOARD MEMBER 1.00 X 0 0 0 MINA SARTIPI BOARD MEMBER 1.00 X 0 0 0 MICKEY CLOUD BOARD MEMBER 1.00 X 0 0 0 RICK HITCHCOCK TREASURER 4.00 X X 0 0 0 PATRICIA REID BOARD MEMBER 1.00 X 0 0 0 LORI QUILLEN BOARD MEMBER 1.00 X 0 0 0 RONALD MOBLEY BOARD MEMBER 1.00 X 0 0 0 ISABELLA ORTIZ BOARD MEMBER 1.00 X 0 0 0 STACY RICHARDSON BOARD MEMBER 1.00 X 0 0 0 DANIEL RYAN VICE-CHAIR 4.00 X X 0 0 0 TASIA MALAKASIS BOARD MEMBER 1.00 X 0 0 0 JAMAINE AKINS BOARD MEMBER 1.00 X 0 0 0 STEVE ANGLE BOARD MEMBER 1.00 X 0 0 0 REBECCA ASHFORD BOARD MEMBER 1.00 X 0 0 0 DAVID WADE BOARD MEMBER 1.00 X 0 0 0 CHARLES WOOD BOARD MEMBER 1.00 X 0 0 0 JUSTIN ROBERTSON BOARD MEMBER 1.00 X 0 0 0 EMILY MACK BOARD MEMBER 1.00 X 0 0 0 DEB SOCIA PRESIDENT 40.00 X 205600 0 24364 205600 0 24364 1 0 1 0 0 3852538 3852538 12709 12709 3865247 0 0 12709 X 217833 163375 54458 1944958 1693905 251053 264163 227745 36418 155872 134050 21822 13566 13566 22983 22983 595209 595209 27253 27253 145558 119675 25883 550010 550010 187200 187200 55671 41219 14452 146296 146296 27007 6440 20567 CONNECTIVITY INSTALLATI 167598 167598 WEBSITE 42910 42910 PRINTING AND PUBLICATIO 27488 27488 OTHER EXPENSES 23825 15645 8180 25693 22066 3627 4641093 4168084 473009 0 2518812 2106145 822910 372567 1654 282322 282322 0 0 268104 161182 3609826 2641548 238994 158876 272032 159718 511026 318594 X 1412772 1307049 1686028 1015905 3098800 2322954 3609826 2641548 -775846 0 X X 0 1 X 1 1 1 X 1931261 5993471 2616800 4722319 3852538 19116389 1931261 5993471 2616800 4722319 3852538 19116389 19116389 5371 4829 3520 14876 12709 41305 26462 26462 19184156 0.99650 0.99680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 143873 143873 0 138449 138449 0 0 RIGHT-OF-USE ASSET 159718 DEPOSITS 1464 161182 LEASE LIABILITY 159718 159718 X 3865247 0 3865247 0 3865247 4641093 0 4641093 0 4641093 PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. ADDITIONALLY NO PROVISION FOR INCOME TAXES IS REFLECTED IN THESE FINANCIAL STATEMENTS. INTEREST AND PENALTIES WOULD BE RECOGNIZED AS TAX EXPENSE, HOWEVER, THERE IS NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENTS OF ACTIVITIES. THE TAX YEARS AFTER 2021 ARE STILL OPEN TO AUDIT FOR FEDERAL PURPOSES. X X X X 0 0 0 0 0 0 0 0 0 DEB SOCIA PRESIDENT 180600 0 25000 0 0 0 7224 0 17140 0 229964 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SUBMITTED TO THE EXECUTIVE COMMITTEE. AFTER APPROVAL BY THE EXECUTIVE COMMITTEE IT IS SUBMITTED TO THE BOARD OF DIRECTORS PRIOR TO BEING SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY - OUR EMPLOYEE CONFLICT OF INTEREST POLICY IS PART OF OUR POLICY MANUAL AND IT IS MADE AVAILABLE DURING THE EMPLOYMENT PROCESS. AN EMPLOYEE SIGNS A COPY OF THE POLICY MANUAL WHICH THEN BECOMES PART OF THE EMPLOYEES EMPLOYMENT RECORD. FORM 990, PART VI, SECTION B, LINE 15A CEO COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. ALL OTHER EMPLOYEE'S SALARY INCREASES ARE APPROVED BY THE BOARD. THESE LEVELS ARE INCLUDED IN THE PRESIDENT'S ANNUAL BUDGET. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE PUBLIC. ADDITIONALLY, FINANCIAL STATEMENT AND SINGLE AUDIT RESULTS ARE SENT TO APPLICABLE FEDERAL AND STATE GRANTING AGENCIES, UPLOADED INTO THE FEDERAL AUDIT CLEARINGHOUSE, AND DELIVERED TO THE CITY OF CHATTANOOGA. THESE RESULTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 551,722. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 551,722. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 43,487. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,487. PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED.