2012-11-13T08:16:07-06:00 2012-06-30 620509553 HAZLETT LEWIS & BIETER PLLC 537 MARKET STREET SUITE 300 CHATTANOOGA TN 374021239 990 2011-07-01 200062024 THE ENTERPRISE CENTER INC ENTE 4234253770 1250 MARKET STREET SUITE 3020 CHATTANOOGA TN 37402 J WAYNE CROPP 4234253770 2012-11-06 1 REBECCA C FINGERLE P00971894 4237566133 2012-11-06 2011 2016-02-24 21:20:13Z J WAYNE CROPP 1250 MARKET ST SUITE 3020 CHATTANOOGA TN 37402 1019226 0 X WWW.THEENTERPRISECTR.ORG X 2003 TN PROMOTING PUBLICLY-SPONSORED COMMUNITY-WIDE ECONOMIC DEVELOPMENT AND JOB CREATION TO RESTORE AND DIVERSIFY CHATTANOOGA'S ECONOMIC BASE. 9 9 9 10 0 0 861332 949170 49069 45000 850 606 17758 24450 929009 1019226 0 0 0 0 633823 681050 0 0 0 294685 325554 928508 1006604 501 12622 1088596 1006537 686010 591329 402586 415208 X TO PROMOTE PUBLICLY-SPONSORED COMMUNITY-WIDE ECONOMIC DEVELOPMENT AND JOB CREATION TO RESTORE AND DIVERSIFY CHATTANOOGA'S ECONOMIC BASE. 0 0 315736 CONNECT THE VALLEY TECHNOLOGY INITIATIVE-SBA: PROGRAM THAT PROVIDES LINK BETWEEN PUBLIC SECTOR'S TECHNOLOGICAL INNOVATION & PRIVATE SECTOR'S PRACTICAL BUSINESS APPLICATIONS TO SPUR BUSINESS GROWTH & JOB CREATION. CLIENTS-UNABLE TO PRECISELY ESTIMATE. 66179 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.-UNABLE TO PRECISELY ESTIMATE NUMBER OF BENEFICIARIES. 340334 TDOT MAGLEV:CREATE FRAMEWORK TO BRING TOGETHER KEY STAKE- HOLDERS TO DEVELOP THE ATLANTA-CHATTANOOGA-NASHVILLE HIGH SPEED RAIL CORRIDOR. CLIENTS-809,000 ESTIMATED 97926 CONNECT THE VALLEY: PROGRAM THAT ALLOWS THE CENTER TO SERVE AS AN UMBRELLA ORGANIZATION COORDINATING APPROXIMATELY EIGHT FEDERALLY FUNDED ENTITIES AND PROGRAMS, MOSTLY WITH A TECHNOLOGY FOCUS. MISSION IS TO PROVIDE COMMON GROUND. POPULATION SERVED-5.9 MILLION ESTIMATED 19576 25000 Y-12: CONSULTING PROVIDED IN ORDER TO IDENTIFY CANDIDATE TECHNOLOGY FOR LICENSING AND TRANSITIONING INTO MANUFACTURING 24450 REVENUE FROM CONFERENCES HELD FOR CONSTITUENTS AND PARTNERS. 14168 20000 ACCELERATOR SERVICE CONTRACT: CREATE HIGH-GROWTH ENTREPRENEURIAL ACCELERATOR PROGRAM TO CONNECT ENTREPRENEURS TO REGIONAL TECHNOLOGY RESOURCES 34675 BROWNFIELDS JOB TRAINING: RECRUIT, TRAIN AND PLACE PREDOMINANTLY LOW-INCOME AND MINORITY, UNEMPLOYED AND UNDER-EMPLOYED PEOPLE IN SECURE FULL-TIME, SUSTANABLE EMPLOYMENT IN THE ENVIRONMENTAL FIELD-75 PEOPLE TRAINED 166345 69450 888594 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 0 1 10 0 9 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 TN X MIGUEL PARTAP 4234253780 1250 MARKET STREET STE 3020 CHATTANOOGA TN 37402 W SCOTT MATTICE 1.00 X X 0 0 0 JIM HALL 1.00 X 0 0 0 RICHARD BROWN 2.00 X X 0 0 0 TERRY BLUNT 1.00 X 0 0 0 GREG VITAL 1.00 X 0 0 0 RON LOVING 1.00 X 0 0 0 PATSY HAZLEWOOD 1.00 X 0 0 0 DR ROY KEITH 1.00 X 0 0 0 JIM SATTLER 3.00 X X 0 0 0 J WAYNE CROPP 40.00 X X 135515 0 23619 135515 0 23619 1 0 1 0 0 949170 949170 SERVICE FEES 541610 45000 45000 45000 606 606 OTHER INCOME 900099 24450 24450 24450 1019226 69450 0 606 161536 118593 42943 371111 335497 35614 24904 18422 6482 123499 63080 60419 2598 2598 32556 24541 8015 17000 5693 11307 89385 86558 2827 4698 754 3944 12607 9337 3270 14861 5955 8906 40497 36355 4142 34842 32904 1938 PRINTING AND PUBLICATIO 30055 26019 4036 TELEPHONE 15831 8285 7546 INSURANCE 11391 5168 6223 DUES 8353 6994 1359 10880 101841 -90961 1006604 888594 118010 0 886948 759988 148607 196762 46329 42825 6712 6962 44948 44948 0 0 1088596 1006537 90180 93425 575830 477904 20000 20000 686010 591329 X 402586 415208 402586 415208 1088596 1006537 12622 0 X X 0 1 1 X 1 1 X 1013725 791382 768591 861332 949170 4384200 1013725 791382 768591 861332 949170 4384200 4384200 27504 8672 1307 850 606 38939 10742 7000 12504 17758 24450 72454 4495593 418978 0.97520 0.96970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44948 44948 0 0 ECONOMIC RESERVE ON CONTRACT RECEIVABLE 20000 20000 1019226 1006604 12622 12622 1019226 0 1019226 0 1019226 1006604 0 1006604 0 1006604 X X X X 0 0 0 0 0 0 0 0 0 J WAYNE CROPP 135515 0 0 0 0 0 0 0 23619 0 159134 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE COMPLETED FORM 990 IS SUBMITTED TO THE TREASURER FOR REVIEW AND THEN REVIEWED IN COMMITTEE BY THE FINANCE COMMITTEE. THE FORM 990 IS THEN SUBMITTED TO THE BOARD OF DIRECTORS PRIOR TO SUBMISSION 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 SUBBSTANTIATED IN THE WRITTEN MINUTES THEREOF, 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. THE MEDIA IS INVITED TO ATTEND ALL BOARD OF DIRECTORS MEETINGS. 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. THE FINANCE COMMITTEE RECOMMENDS AN INDEPENDENT ACCOUNTANT TO THE BOARD OF DIRECTORS, WHICH THEN VOTES ON THE RECOMMENDATION. THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.