2015-11-13T15:08:33-06:00 2015-06-30 580692043 MAULDIN & JENKINS 537 MARKET STREET SUITE 300 CHATTANOOGA TN 374021239 990 2014-07-01 200062024 THE ENTERPRISE CENTER INC ENTE 4236613300 1100 MARKET STREET FLOOR 5 CHATTANOOGA TN 37402 KEN HAYS PRESIDENT & CEO 4236613300 2015-11-13 1 REBECCA C FINGERLE P00971894 4237566133 2015-11-13 2014 2016-03-07 17:11:31Z X KEN HAYS 1100 MARKET STREET FLOOR 5 CHATTANOOGA TN 37402 771841 0 X WWW.THEENTERPRISECTR.ORG X 2003 TN TO ORGANIZE AND LEVERAGE THE RESEARCH, EDUCATIONAL AND TECHNOLOGICAL RESOURCES OF THE CITY OF CHATTANOOGA AND HAMILTON COUNTY AROUND THE FOLLOWING AREAS: BRIDGING THE DIGITAL DIVIDE WITH COMMUNITIES; BUILDING ON CHATTANOOGA'S GIGABIT-PER-SECOND INFRASTRUCTURE; AND, CREATING A DISTINCT LOCATION TO RECRUIT AND BUILD NEW TECHNOLOGY BASED BUSINESSES. 22 22 6 12 0 0 838637 728162 25000 0 789 1142 1478 42537 865904 771841 0 0 0 0 518619 418003 0 0 0 369999 489916 888618 907919 -22714 -136078 676287 372573 276511 108875 399776 263698 X TO ORGANIZE AND LEVERAGE THE RESEARCH, EDUCATIONAL AND TECHNOLOGICAL RESOURCES OF THE CITY OF CHATTANOOGA AND HAMILTON COUNTY AROUND THE FOLLOWING AREAS: BRIDGING THE DIGITAL DIVIDE WITH COMMUNITIES; BUILDING ON CHATTANOOGA'S GIGABIT-PER-SECOND INFRASTRUCTURE; AND, CREATING A DISTINCT LOCATION TO RECRUIT AND BUILD NEW TECHNOLOGY BASED BUSINESSES. 0 0 199858 CONNECT THE VALLEY: PROVIDES A LINK BETWEEN THE PRIVATE SECTOR, EDUCATIONAL ENTITIES AND NATIONAL LABS TO SPUR ECONOMIC DEVELOPMENT IN THE VALLEY THROUGH CREATING SPACES AND MANAGING RELATIONSHIPS THAT ALLOW THESE NATURAL COLLISIONS TO OCCUR. CLIENTS-UNABLE TO PRECISELY ESTIMATE. 134822 EPA AREA-WIDE PLANNING: THIS GRANT WILL FACILITATE COMMUNITY INVOLVEMENT AND CONDUCT RESEARCH, AND TECHNICAL ASSISTANCE THAT WILL ENABLE THE DEVELOPMENT OF AN AREA-WIDE PLAN AND IMPLEMENTATION STRATEGY FOR A 1.02 SQ. MILE PLANNING ZONE IN THE CITY OF CHATTANOOGA. 86237 TECH GOES HOME CHATTANOOGA - PROVIDE UNDERSERVED RESIDENTS THE OPPORTUNITY, TOOLS, EDUCATION, AND ACCESS REQUIRED FOR 21ST CENTURY SKILLS DEVELOPMENT. PRIORITIZES LOW-INCOME AND UNDERSERVED POPULATIONS, INCLUDING THOSE IN CHALLENGED NEIGHBORHOODS BOTH URBAN AND RURAL, THOSE WITHOUT 4666 COMMUNITY REVITALIZATION: PROGRAM PROMOTES, COORDINATES AND ENGAGES IN PUBLIC-PRIVATE PARTNERSHIPS TO INCREASE JOB CREATION AND BUSINESS EXPANSION IN TARGETED REVITALIZATION COMMUNITIES; INCLUDING CONDUCTING BROWNFIELD REDEVELOPMENT PROJECTS. CLIENTS-UNABLE TO PRECISELY ESTIMATE. 21493 ADVANCED MANUFACTURING APPLICATION CENTER - THIS FEASIBILITY STUDY AIMS TO DEVELOP AND VALIDATE THE ABILITY OF THE REGION TO SUPPORT AN ADVANCE MANUFACTURING APPLICATION CENTER. 13628 STEAM PLANNING: THIS GRANT FUNDED A FEASIBILITY STUDY FOR A NEW PROJECT THAT WILL COMBINE STEAM EDUCATION AND CAREER AWARENESS FOR GIRLS AND YOUNG WOMEN WITH AN EXERCISE IN MODERN URBAN PLACEMAKING. 61624 TDOT MAGLEV: CREATE FRAMEWORK TO BRING TOGETHER KEY STAKE- HOLDERS TO DEVELOP THE ATLANTA-CHATTANOOGA-NASHVILLE HIGH SPEED RAIL CORRIDOR. CLIENTS-UNABLE TO PRECISELY ESTIMATE. 101411 522328 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 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 20 0 1 6 1 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 TN X X MIGUEL PARTAP 4236613302 1100 MARKET STREET FLOOR 5 CHATTANOOGA TN 37402 DAVID BELITZ CHAIRMAN 3.00 X X 0 0 0 SARAH MORGAN VICE-CHAIRMAN 3.00 X X 0 0 0 DANIEL RYAN TREASURER 3.00 X X 0 0 0 SYDNEY CRISP SECRETARY 3.00 X X 0 0 0 CALVIN ANDERSON BOARD MEMBER 1.00 X 0 0 0 STEVEN ANGLE BOARD MEMBER 1.00 X 0 0 0 SHEILA BOYINGTON BOARD MEMBER 1.00 X 0 0 0 ZAC BROWN BOARD MEMBER 1.00 X 0 0 0 BEN BROWN BOARD MEMBER 1.00 X 0 0 0 FANNIE HEWLETT BOARD MEMBER 1.00 X 0 0 0 HAROLD DEPRIEST BOARD MEMBER 1.00 X 0 0 0 BOB FARNSWORTH BOARD MEMBER 1.00 X 0 0 0 SHELDON GRIZZLE BOARD MEMBER 1.00 X 0 0 0 BILL KILBRIDE BOARD MEMBER 1.00 X 0 0 0 NATE HILL BOARD MEMBER 1.00 X 0 0 0 RICK HITCHCOCK BOARD MEMBER 1.00 X 0 0 0 LIZ KENNEDY-THOMAS BOARD MEMBER 1.00 X 0 0 0 KRISTINA MONTAGUE BOARD MEMBER 1.00 X 0 0 0 KERI RANDOLPH BOARD MEMBER 1.00 X 0 0 0 RICK SMITH BOARD MEMBER 1.00 X 0 0 0 BARRY LARGE BOARD MEMBER 1.00 X 0 0 0 KIM WHITE BOARD MEMBER 1.00 X 0 0 0 KEN HAYS PRESIDENT AND CEO 40.00 X 141234 0 11635 J WAYNE CROPP FORMER PRESIDENT AND CEO 40.00 X 120719 0 17713 261953 0 29348 1 1 1 0 0 606804 121358 728162 1142 1142 OTHER INCOME 900099 42537 42537 42537 771841 42537 0 1142 X 192713 107921 84792 146772 87000 59772 23886 12481 11405 54632 13938 40694 15736 15736 10000 10000 311150 200504 110646 1889 115 1774 23409 23126 283 15870 15870 13273 8596 4677 58629 1965 56664 12797 12797 PRINTING AND PUBLICATIO 9829 5809 4020 WEBSITE DEVELOPMENT 7659 7371 288 EQUIPMENTAL RENTAL AND 4139 4139 OTHER EXPENSES 2594 2594 2942 49363 -46421 907919 522328 385591 0 438004 126755 156333 157433 51331 48145 25448 35000 5171 5240 676287 372573 61341 78221 215170 30654 276511 108875 X 399776 263698 399776 263698 676287 372573 -136078 0 X X 0 1 X 1 0 X 861332 949170 912267 838637 728162 4289568 861332 949170 912267 838637 728162 4289568 164 4289404 850 606 301 789 1142 3688 17758 24450 37340 1478 42537 123563 4416819 176744 0.97120 0.97800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 771841 0 771841 0 771841 907919 0 907919 0 907919 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE THE ORGANIZATION'S NON-TAXABLE STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. X X X X 0 0 0 0 0 0 0 0 0 KEN HAYS PRESIDENT AND CEO 141234 0 0 0 0 0 0 0 11635 0 152869 0 0 0 J WAYNE CROPP FORMER PRESIDENT AND CEO 120719 0 0 0 0 0 0 0 17713 0 138432 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS SUBMITTED TO THE TREASURER FOR REVIEW AND THEN REVIEWED AND APPROVED BY 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 Y. THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO OFFICERS, DIRECTORS AND EMPLOYEES, AND REQUIRES DISCLOSURE OF ANY CONFLICT OF INTEREST AT THE TIME IT OCCURS AND ABSENTATION FROM PARTICIPATION IN THE DISCUSSIONS OR ACTIONS WHERE A CONFLICT OF INTEREST EXISTS. THE PRESIDENT IS FURTHER REQUIRED TO ENSURE THAT OFFICERS, DIRECTORS AND EMPLOYEES ARE MADE AWARE OF THE ENTERPRISE CENTER'S POLICY ON CONFLICTS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE CEO IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, WHICH SERVES AS THE COMPENSATION COMMITTEE. THE DECISIONS OF THE EXECUTIVE COMMITTEE ARE CONTEMPORANEOUSLY SUBSTANTIATED IN THE MINUTES OF THE EXECUTIVE COMMITTE AND INCLUDE AN EVALUATION OF DATA THAT DOCUMENTS COMPENSATION LEVELS AND BENEFITS FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. THE DETERMINATION OF THESE AMOUNTS IS MADE ON AN ANNUAL BASIS. AN EXECUTIVE COMPENSATION POLICY WAS ALSO ADOPTED ON MARCH 7, 2011. FORM 990, PART VI,SECTION B, LINE 15B: THERE ARE NO OTHER COMPENSATED OFFICERS OR KEY EMPLOYEES. 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 BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 611. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 611. CONSULTING FEES AND CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 200,504. MANAGEMENT AND GENERAL EXPENSES 110,035. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 310,539. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED.