CARTER STREET CORPORATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: CARTER STREET CORPORATION (EIN 62-1125122)
Tax period: 2010-07-01 to 2011-06-30
Filed: 2011-11-15
IRS object ID: 201113199349305866
Schema version: 2010v3.4
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
Form 990
Schedule A
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-11-15T14:10:54-06:00	Timestamp
Tax Period End Date	2011-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HENDERSON HUTCHERSON & MCCULLOUGH PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1200 MARKET STREET	AddressLine1
City	CHATTANOOGA	City
State	TN	State
ZIP Code	37402	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	621125122	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CARTER STREET CORPORATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	CART	NameControl
Phone	4237560001	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 CARTER PLAZA PO BOX 6008	AddressLine1
City	CHATTANOOGA	City
State	TN	State
ZIP Code	37401	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MIKE SHUFORD	Name
Title	EXECUTIVE DIRECTOR	Title
Phone	4237560001	Phone
Date Signed	2011-11-10	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	JERRY SMITH	Name
Phone	4237567771	Phone
Date Prepared	2011-11-10	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	MIKE SHUFORD	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1 CARTER PLAZA PO BOX 6008	AddressLine1
City	CHATTANOOGA	City
State	TN	State
ZIP Code	37401	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	6507693	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.CHATTCONVENTION.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1981	YearFormation
State Legal Domicile	TN	StateLegalDomicile
Activity Or Mission Description	ENCOURAGE ECONOMIC DEVELOPMENT	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	163	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	817750	ContributionsGrantsPriorYear
Contributions Grants Current Year	359580	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	5527582	ProgramServiceRevenuePriorYear
Program Service Revenue CY	6148113	ProgramServiceRevenueCY
Investment Income Prior Year	-7595	InvestmentIncomePriorYear
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	6337737	TotalRevenuePriorYear
Total Revenue Current Year	6507693	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	2892866	SalariesEtcPriorYear
Salaries Etc Current Year	2875365	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	3739672	OtherExpensePriorYear
Other Expenses Current Year	3637662	OtherExpensesCurrentYear
Total Expenses Prior Year	6632538	TotalExpensesPriorYear
Total Expenses Current Year	6513027	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-294801	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-5334	RevenuesLessExpensesCY
Total Assets BOY	11972091	TotalAssetsBOY
Total Assets EOY	11846456	TotalAssetsEOY
Total Liabilities BOY	417775	TotalLiabilitiesBOY
Total Liabilities EOY	329458	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	11554316	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	11516998	NetAssetsOrFundBalancesEOY
Mission Description	ENCOURAGE ECONOMIC DEVELOPMENT	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	3999391	Expense
Revenue	5415786	Revenue
Description	THE ORGANIZATION OWNS AND MANAGES A TRADE CENTER FOR THE PURPOSE OF ENCOURAGING THE ECONOMIC DEVELOPMENT OF CHATTANOOGA AND HAMILTON COUNTY.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	164790	Expense
Revenue	732327	Revenue
Description	THE ORGANIZATION OWNS AND MANAGES A PARKING GARAGE FOR THE PURPOSE OF ENCOURAGING ECONOMIC DEVELOPMENT OF CHATTANOOGA AND HAMILTON COUNTY.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	4164181	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	0	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	0	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	10	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	163	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	0	WhistleblowerPolicy
Document Retention Policy	0	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	TN	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	CAROLYN HARDEMAN	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	4237560001	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1 CARTER PLAZA PO BOX 6008	AddressLine1
City	CHATTANOOGA	City
State	TN	State
ZIP Code	37401	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
DON MERCER
BOARD MEMBER	2.00	X	0	0	0
BILL RAINES
BOARD MEMBER	2.00	X	0	0	0
JIM HUDSON III
CHAIRMAN	2.00		0	0	0	X
CURTIS JOHNSON
VICE CHAIRMAN	2.00		0	0	0	X
HICKS ARMOR
TREASURER	2.00		0	0	0	X
REV PAUL MCDANIEL
SECRETARY	2.00		0	0	0	X
ANNE WILKINS
ASSISTANT SECRETARY	2.00		0	0	0	X
MIKE SHUFORD
EXECUTIVE DIRECTOR	40.00		125510	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	125510	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	0	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	CompensationCompensation
ELECTRIC POWER BOARD
10 WEST ML KING BLVD	CHATTANOOGA	TN	37402	673344
US FOOD SERVICE
9399 WEST HIGGINS RD STE 500	ROSEMONT	IL	60018	349542
PRESENTATION SERVICES
827 BROAD STREET	CHATTANOOGA	TN	37402	287069
WALDEN SECURITY
100 E 10TH ST 400	CHATTANOOGA	TN	37402	276612
SYSCO FOODS
1390 ENCLAVE PARKWAY	HOUSTON	TX	77077	136204

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	5	NumberOfContractorsGT100K
Government Grants	359580	GovernmentGrants
Total Contributions	359580	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
BANQUET	722320	2957986	2957986
EVENTS	722210	1752816	1752816
GARAGE	812930	732327	732327
RENT	531190	392466	392466
BAR AND CONCESSION	722410	312518	312518

Field	Value	IRS element (for citing)
Total Program Service Revenue	6148113	TotalProgramServiceRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	6507693	TotalRevenueColumn
Related Or Exempt Function Income	6148113	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	125510	Total
Management And General	125510	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	2212802	Total
Program Services	1060056	ProgramServices
Management And General	1152746	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	102566	Total
Management And General	102566	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	263242	Total
Program Services	43787	ProgramServices
Management And General	219455	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	171245	Total
Program Services	72899	ProgramServices
Management And General	98346	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	375	Total
Management And General	375	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	13159	Total
Management And General	13159	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	17953	Total
Management And General	17953	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	18217	Total
Management And General	18217	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	884755	Total
Program Services	796279	ProgramServices
Management And General	88476	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	4448	Total
Management And General	4448	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	620121	Total
Program Services	582913	ProgramServices
Management And General	37208	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	133047	Total
Program Services	13304	ProgramServices
Management And General	119743	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
FOOD COSTS	851664	851378	286
MISC COST- EVENT	480094	480094
CONTRACTUAL SERVICES	303454		303454
EQUIPMENT MAINTENANCE	206253	185267	20986
MATERIAL COSTS	76699	76699

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	27423	Total
Program Services	1505	ProgramServices
Management And General	25918	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	6513027	Total
Program Services	4164181	ProgramServices
Management And General	2348846	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	868653	BOY
EOY	1158316	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	176831	BOY
EOY	85884	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	68370	BOY
EOY	52061	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	63701	BOY
EOY	29051	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	25484223	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	14963079	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	10632036	BOY
EOY	10521144	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	162500	BOY
EOY	0	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	11972091	BOY
EOY	11846456	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	417775	BOY
EOY	329458	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	417775	BOY
EOY	329458	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Field	Value	IRS element (for citing)
BOY	922280	BOY
EOY	995854	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	10632036	BOY
EOY	10521144	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	11554316	BOY
EOY	11516998	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	11972091	BOY
EOY	11846456	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-5334	ReconcilationRevenueExpenses
Reconcilation Other Changes	-31984	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	411745	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	255750	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	314250	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	299250	CurrentTaxYearMinus1Year
Current Tax Year	359580	CurrentTaxYear
Total	1640575	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	6319119	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	6176059	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	6068561	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	5527582	CurrentTaxYearMinus1Year
Current Tax Year	6148113	CurrentTaxYear
Total	30239434	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	6730864	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	6431809	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	6382811	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	5826832	CurrentTaxYearMinus1Year
Current Tax Year	6507693	CurrentTaxYear
Total	31880009	Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Amts From Subst Contributors AmtsFromSubstContributors

Field	Value	IRS element (for citing)
Total	0	Total

Support From DQ Ps Etc SupportFromDQPsEtc

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Public Support Total509	31880009	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	665	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	5222	CurrentTaxYearMinus3Years
Total	5887	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	665	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	5222	CurrentTaxYearMinus3Years
Total	5887	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	6731529	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	6437031	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	6382811	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	5826832	CurrentTaxYearMinus1Year
Current Tax Year	6507693	CurrentTaxYear
Total	31885896	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.99980	PublicSupportPercentage509
Investment Income Percentage	0.00020	InvestmentIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2709075	OtherCostOrOtherBasis
Book Value	2709075	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	19695207	OtherCostOrOtherBasis
Depreciation	12131484	Depreciation
Book Value	7563723	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3079941	OtherCostOrOtherBasis
Depreciation	2831595	Depreciation
Book Value	248346	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	10521144	TotalOfBookValueLandBuildings
Total Revenue	6507693	TotalRevenue
Total Expenses	6513027	TotalExpenses
Excess Or Deficit For Year	-5334	ExcessOrDeficitForYear
Prior Period Adjustments	-31984	PriorPeriodAdjustments
Total Adjustments	-31984	TotalAdjustments
Excess Or Deficit Per FS	-37318	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	6507693	TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F990	0	RevenueNotRptdF990
Revenue Subtotal	6507693	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	6507693	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	6513027	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	6513027	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	6513027	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	Identifier
Return Reference	PART X:	ReturnReference
Explanation	THE CORPORATION ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10-25 (FORMERLY FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES) ON JULY 1, 2009. UNDER ASC 740-10-25, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION OF ASC 740-10-25 HAD NO IMPACT ON THE ORGANIZATIONS FINANCIAL STATEMENTS. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. NO INTEREST OR PENALTIES WERE ACCRUED AS OF JULY 1, 2009, AS A RESULT OF THE ADOPTION OF ASC 740-10-25. FOR THE YEAR ENDED JUNE 30, 2011, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THIS FINANCIAL STATEMENT.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	0	WrittenPolicyReTAndEExpenses
Substantiation Required	0	SubstantiationRequired
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	ExplanationExplanation	Return ReferenceReturnReference
FORM 990, PART VI, SECTION B, LINE 11	A DRAFT OF THE 990 WILL BE PRESENTED TO THE FULL BOARD OF DIRECTORS, WHICH WILL THEN REVIEW AND APPROVE IT.
	ALL BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY OUTLINING ALL OF THEIR AFFILIATIONS.	FORM 990, PART VI, SECTION B, LINE 12C
	THE BOARD OF DIRECTORS PERFORMS AN ANNUAL PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR AND ADJUSTS COMPENSATION ANNUALLY. SALARY AND BENEFIT PACKAGES ARE AWARDED BASED ON MERIT AND ARE IN LINE WITH SALARIS OF EXECUTIVES IN COMPARABLE POSITIONS. THE EXECTIVE DIRECOTR SETS ALL EMPLOYEE COMPENSATIONS THAT ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS.	FORM 990, PART VI, SECTION B, LINE 15
	FORM 990 IS PUBLISHED ON THE CITY OF CHATTANOOGA AND HAMILTON COUNTY'S WEBSITES. IT IS ALSO AVAILABLE UPON REQUEST.	FORM 990, PART VI, SECTION C, LINE 18
	THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.	FORM 990, PART VI, SECTION C, LINE 19
CHANGES IN NET ASSETS OR FUND BALANCES:	PRIOR PERIOD ADJUSTMENTS: -31,984.	FORM 990, PART XI, LINE 5:
	THE ORGANIZATION'S FULL BOARD OF DIRECTORS ASSUMES RESPOSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE FULL BOARD OF DIRECTORS IS ALSO RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANT.