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KINGSPORT CHAMBER FOUNDATION: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
KINGSPORT CHAMBER FOUNDATION (EIN 58-1453565)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-14
IRS object ID
201522389349300727
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-08-14T12:29:53-00:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1David M Ellis CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1132 W Depot StreetAddressLine1Txt
CityGreenevilleCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37743ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN581453565EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Kingsport Chamber Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKINGBusinessNameControlTxt
Phone4233928812PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1403AddressLine1Txt
CityKingsportCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37662ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMiles BurdinePersonNm
Person TitleSecretaryPersonTitleTxt
Signature2015-08-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDavid M EllisPreparerPersonNm
Phone4237870855PhoneNum
Preparation2015-08-14PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMiles BurdinePrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 Clinchfield StreetAddressLine1Txt
CityKingsportCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37660ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,720,025GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1981FormationYr
Legal Domicile StateTNLegalDomicileStateCd
Activity Or MissionThe Foundation was established for community service and promotion. It provides facilities for Kingsport Chamber of Commerce activities provides training to future community leaders helps unite local government, busineActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers200TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$538,103PYContributionsGrantsAmt
CY Contributions Grants$904,199CYContributionsGrantsAmt
PY Program Service Revenue$71,328PYProgramServiceRevenueAmt
CY Program Service Revenue$63,063CYProgramServiceRevenueAmt
PY Investment Income$1,348PYInvestmentIncomeAmt
CY Investment Income$2,872CYInvestmentIncomeAmt
PY Other Revenue$118,972PYOtherRevenueAmt
CY Other Revenue$135,187CYOtherRevenueAmt
PY Total Revenue$729,751PYTotalRevenueAmt
CY Total Revenue$1,105,321CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$433,275PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$456,627CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$5,887CYTotalFundraisingExpenseAmt
PY Other Expenses$673,442PYOtherExpensesAmt
CY Other Expenses$927,669CYOtherExpensesAmt
PY Total Expenses$1,106,717PYTotalExpensesAmt
CY Total Expenses$1,384,296CYTotalExpensesAmt
PY Revenues Less Expenses-$376,966PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$278,975CYRevenuesLessExpensesAmt
Total Assets BOY$3,962,741TotalAssetsBOYAmt
Total Assets EOY$3,461,160TotalAssetsEOYAmt
Total Liabilities BOY$1,763,007TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,540,401TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,199,734NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,920,759NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe Foundation was established for community service and promotion. It provides facilities for Kingsport Chamber of Commerce activities provides training to future community leaders helps unite local government, business and citizens in the beautification of Kingsport along with various other activities which enhance the Kingsport area.MissionDesc
Significant New Program SrvcYes (true)SignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$93,090ExpenseAmt
DescDowntown Concert Series - provides quality of life services and promotes economic development in the downtown area through the Downtown Concert SeriesDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$214,972ExpenseAmt
DescKOSBE - actively assists in the establishment of new small business and growth and development of existing small businessesDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$92,508ExpenseAmt
DescMove to Kingsport - assists in residential recruitmentDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$721,836TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$1,122,406TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document18IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonElaine BodenweiserPersonNm
Phone4233928812PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 Clinchfield StreetAddressLine1Txt
CityKingsportCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37660ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Tony Hewitt
Board Member001.00Yes (X)$0$0$0
Charlie Floyd
Board Member001.00Yes (X)$0$0$0
Olan Jones
Board Member001.00Yes (X)$0$0$0
Keith Wilson
Board Member001.00Yes (X)$0$0$0
Etta Clark
Board Member001.00Yes (X)$0$0$0
Monty McLaurin
Ex-Officio001.00Yes (X)$0$0$0
Andy Wampler
Board Member001.00Yes (X)$0$0$0
Isaac Webb
Board Member001.00Yes (X)$0$0$0
Julie Bennett
President001.00$0$0$0Yes (X)
Paul Montgomery
Vice President001.00$0$0$0Yes (X)
Miles Burdine
Secretary001.00$0$0$0Yes (X)
Brad Hoover
Treasurer001.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Kushalappa BiddandaBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 Emerald Chase CircleAddressLine1Txt
CityJohnson CityCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37615ZIPCd
FieldValueIRS element (for citing)
ServicesDirector of AccelNowServicesDesc
Compensation$116,500CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Related Organizations$55,000RelatedOrganizationsAmt
Government Grants$258,047GovernmentGrantsAmt
All Other Contributions$591,152AllOtherContributionsAmt
Total Contributions$904,199TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Leadership Kingsport900099$33,430$33,430
Keep Kingsport Beautiful900099$23,020$23,020
Move to Kingsport900099$6,613$6,613
FieldValueIRS element (for citing)
Total Program Service Revenue$63,063TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,872TotalRevenueColumnAmt
Related Or Exempt Func Income$2,872RelatedOrExemptFuncIncomeAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$45,172RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$45,172RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$45,172TotalRevenueColumnAmt
Related Or Exempt Func Income-$45,172RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$650,879FundraisingGrossIncomeAmt
Fundraising Direct Expenses$525,228FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$125,651TotalRevenueColumnAmt
Exclusion$125,651ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$99,012GrossSalesOfInventoryAmt
Cost Of Goods Sold$44,304CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$54,708TotalRevenueColumnAmt
Exclusion$54,708ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,105,321TotalRevenueColumnAmt
Related Or Exempt Func Income$20,763RelatedOrExemptFuncIncomeAmt
Exclusion$180,359ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$374,938TotalAmt
Program Services$374,938ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$16,461TotalAmt
Program Services$16,461ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$35,526TotalAmt
Program Services$35,526ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$29,702TotalAmt
Program Services$29,702ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$147,280TotalAmt
Program Services$147,280ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Fees For Services Prof FundraisingFeesForServicesProfFundraising

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$14,262TotalAmt
Program Services$9,262ProgramServicesAmt
Management And General$5,000ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,639TotalAmt
Program Services$3,639ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$15,300TotalAmt
Program Services$15,300ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$158,000TotalAmt
Program Services$158,000ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,338TotalAmt
Program Services$6,338ProgramServicesAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$30TotalAmt
Program Services$30ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$21,392TotalAmt
Management And General$21,392ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$229,611TotalAmt
Management And General$229,611ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
Training$4,447$4,447
Telephone$6,321$6,321
Dues$876$876
Direct Program Expense$314,286$314,286

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,887TotalAmt
Fundraising$5,887FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,384,296TotalAmt
Program Services$1,122,406ProgramServicesAmt
Management And General$256,003ManagementAndGeneralAmt
Fundraising$5,887FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$881,645BOYAmt
EOY$860,915EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$689,782BOYAmt
EOY$325,216EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$35,776BOYAmt
EOY$86,444EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$17,200BOYAmt
EOY$51,513EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,755,741LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$618,669LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,338,338BOYAmt
EOY$2,137,072EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,962,741BOYAmt
EOY$3,461,160EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$137,756BOYAmt
EOY$217,137EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$403,486BOYAmt
EOY$301,779EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,221,765BOYAmt
EOY$1,021,485EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,763,007BOYAmt
EOY$1,540,401EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,878,175BOYAmt
EOY$1,569,879EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$321,559BOYAmt
EOY$350,880EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,199,734BOYAmt
EOY$1,920,759EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,962,741BOYAmt
EOY$3,461,160EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$278,975ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$447,009CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$670,465CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,979,566CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$538,103CurrentTaxYearMinus1YearAmt
Current Tax Year$904,199CurrentTaxYearAmt
Total$4,539,342TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$447,009CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$670,465CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,979,566CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$538,103CurrentTaxYearMinus1YearAmt
Current Tax Year$904,199CurrentTaxYearAmt
Total$4,539,342TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$4,539,342PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$28,505CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$28,027CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,605CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,348CurrentTaxYearMinus1YearAmt
Current Tax Year$2,872CurrentTaxYearAmt
Total$64,357TotalAmt
FieldValueIRS element (for citing)
Total Support$4,603,699TotalSupportAmt
Public Support CY1700.98600PublicSupportCY170Pct
Public Support PY1700.97530PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind
Public Support CY5090.00000PublicSupportCY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$40,000InvestmentCostOrOtherBasisAmt
Book Value$40,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$1,566,601InvestmentCostOrOtherBasisAmt
Depreciation$106,072DepreciationAmt
Book Value$1,460,529BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$199,017InvestmentCostOrOtherBasisAmt
Depreciation$15,771DepreciationAmt
Book Value$183,246BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$950,123InvestmentCostOrOtherBasisAmt
Depreciation$496,826DepreciationAmt
Book Value$453,297BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,137,072TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc
Financial derivatives and other financial products
Closely-held equity interests

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescFederal income taxesDesc
FieldValueIRS element (for citing)
Total Rev Etc Audited Fincl Stmt$1,742,117TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$22,092DonatedServicesAndUseFcltsAmt
Other Revenue$614,704OtherRevenueAmt
Revenue Not Reported$636,796RevenueNotReportedAmt
Revenue Subtotal$1,105,321RevenueSubtotalAmt
Total Revenue Per Form990$1,105,321TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,021,092TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$22,092DonatedServicesUseFcltsAmt
Other Expenses Included$614,704OtherExpensesIncludedAmt
Expenses Not Reported$636,796ExpensesNotReportedAmt
Expenses Subtotal$1,384,296ExpensesSubtotalAmt
Total Expenses Per Form990$1,384,296TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
XI 2dRental expenses - 45,172 Fundraising direct expenses - 525,228 Cost of Goods Sold - 44,304 TOTAL - 614,704
XII 2dRental expenses - 45,172 Fundraising direct expenses - 525,228 Cost of Goods Sold - 44,304 TOTAL - 614,704

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Fun FestEvent1Nm
Gross Receipts Event1$603,799GrossReceiptsEvent1Amt
Gross Revenue Event1$603,799GrossRevenueEvent1Amt
Other Direct Expenses Event1$511,601OtherDirectExpensesEvent1Amt
Event2Golf TournamentEvent2Nm
Gross Receipts Event2$19,016GrossReceiptsEvent2Amt
Gross Revenue Event2$19,016GrossRevenueEvent2Amt
Other Direct Expenses Event2$2,437OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$28,064GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$28,064GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$11,190OthDirectExpnssOtherEventsAmt
Gross Receipts Total$650,879GrossReceiptsTotalAmt
Gross Revenue Total Events$650,879GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$525,228OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$525,228DirectExpenseSummaryEventsAmt
Net Income Summary$125,651NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 4dProgram Service Expenses 112,872, Grants and allocations 0, Revenue 0 General - Community service and promotion
Form 990, Part III, Line 4dProgram Service Expenses 78,833, Grants and allocations 0, Revenue 0 Keep Kingsport Beautiful - to promote community pride by establishing and maintaining programs to keep Kingsport clean and beautiful
Form 990, Part III, Line 4dProgram Service Expenses 94,441, Grants and allocations 0, Revenue 0 Leadership Kingsport - to provide training to future community leaders
Form 990, Part III, Line 4dProgram Service Expenses 77,771, Grants and allocations 0, Revenue 0 Education - oversees TN/VA Scholars program and serves as a bridge linking the business and educational communities served as coordinator of the Advanced Manufacturing Partnership
Form 990, Part III, Line 4dProgram Service Expenses 165,109, Grants and allocations 0, Revenue 0 Fun Fest - to promote community spirit during a nine day period each summer when various events take place
Form 990, Part III, Line 4dProgram Service Expenses 36,770, Grants and allocations 0, Revenue 0 Healthy Kingsport - committed to helping people who live in Sullivan County make positive changes when it comes to their health. Its primary focus is to make this area a healthier place to live, work and play through increased physical activity, healthier eating and a reduction in tobacco use.
Form 990, Part III, Line 4dProgram Service Expenses 156,040, Grants and allocations 0, Revenue 0 AccelNow - a community of volunteers organized to provide mentoring, training, networking and support to entrepreneurs in the eight counties of East Tennessee.
Form 990, Part III, Line 2Two new programs were added to the Foundation during the current year - Healthy Kingsport and AccelNow.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Kingsport Area Chamber of CommerceBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 Clinchfield StreetAddressLine1Txt
CityKingsportCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37660ZIPCd
FieldValueIRS element (for citing)
EIN620446834EIN
Primary ActivitiesCommon paymasterPrimaryActivitiesTxt
Legal Domicile StateTNLegalDomicileStateCd
Exempt Code Section501 c 6ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
Kingsport Area Chamber of Commerce
c$55,000actual
Kingsport Area Chamber of Commerce
n$163,000actual
Kingsport Area Chamber of Commerct
o$454,507actual
Kingsport Area Chamber of Commerce
p$144,833actual