2024-11-12T14:41:37-06:00 2024-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 266 INMAN STREET EAST CLEVELAND TN 37311 990 2023-07-01 620262640 KNOXVILLE AREA CHAMBER PARTNERSHIP KNOX 8652462634 17 MARKET SQUARE KNOXVILLE TN 37902 ANGELA LUNSFORD VP OF FINANCE AND OPERATIONS 8652462634 2024-11-11 1 1 ADAM OSBORNE CPA P01215413 4237083980 2024-11-11 2023 2024-10-15 13:58:12Z OWEN M ODOM 17 MARKET SQUARE KNOXVILLE TN 37902 5344212 0 X WWW.KNOXVILLECHAMBER.COM X 1998 TN DRIVING REGIONAL ECONOMIC PROSPERITY 55 55 46 27 8255 0 4007520 3969796 1017054 1038068 7137 59504 341782 276844 5373493 5344212 0 0 0 0 3352649 3412681 0 0 0 1798296 1967559 5150945 5380240 222548 -36028 3972470 3765738 2568159 2397455 1404311 1368283 DRIVING REGIONAL ECONOMIC PROSPERITY. 0 0 4799436 1207506 THE KNOXVILLE AREA CHAMBER PARTNERSHIP IS ORGANIZED TO ADVANCE THE GENERAL WELFARE AND PROSPERITY OF THE KNOXVILLE AREA, SO THAT ITS CITIZENS AND ITS BUSINESS COMMUNITY WILL FLOURISH. 4799436 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 9 0 46 1 1 1 0 0 0 0 0 0 0 X 55 55 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 1 0 0 TN X ANGELA LUNSFORD 8652462634 17 MARKET SQUARE KNOXVILLE TN 37902 WES STOWERS PAST BOARD CHAIR 2.50 X X 0 0 0 NIKITIA THOMPSON BOARD SECRETARY 2.50 X X 0 0 0 RANDY JENKINS TREASURER 2.50 X X 0 0 0 MARK MAMANTOV GENERAL COUNSEL 2.50 X X 0 0 0 DEBBIE BILLINGS VICE CHAIR-INFRASTRUCTURE 2.50 X X 0 0 0 MARTY BROWN VICE CHAIR-ENTREPRENEURSHI 2.50 X X 0 0 0 JIM VANDERSTEEG VICE CHAIR-ECONOMIC DEVELO 2.50 X X 0 0 0 ROB STIVERS VICE CHAIR-TALENT 2.50 X X 0 0 0 HARRY BOSTON VICE CHAIR- BUSINESS CLIMA 2.50 X X 0 0 0 DAVE MILLER BOARD CHAIR 2.50 X X 0 0 0 JIM BIGGS DIRECTOR 1.50 X 0 0 0 PATRICIA BIBLE DIRECTOR 1.50 X 0 0 0 MYLES BAKER DIRECTOR 1.50 X 0 0 0 HEATHER BECK DIRECTOR 1.50 X 0 0 0 CLAUDIA CABALLERO DIRECTOR 1.50 X 0 0 0 CHRIS CALDWELL DIRECTOR 1.50 X 0 0 0 KELLI CHANEY DIRECTOR 1.50 X 0 0 0 KIM CIUKOWSKI DIRECTOR 1.50 X 0 0 0 JAY COBBLE DIRECTOR 1.50 X 0 0 0 LOUIS CORTINA DIRECTOR 1.50 X 0 0 0 ALFONZO CRUZ DIRECTOR 1.50 X 0 0 0 SUSAN DAKAK DIRECTOR 1.50 X 0 0 0 JAMIE DAVIS DIRECTOR 1.50 X 0 0 0 MATTHEW DEBARDELABEN DIRECTOR 1.50 X 0 0 0 KATY BROWN DIRECTOR 1.50 X 0 0 0 JESSICA EMERT DIRECTOR 1.50 X 0 0 0 JOHN COOK DIRECTOR 1.50 X 0 0 0 STEPHEN DEUCKER DIRECTOR 1.50 X 0 0 0 STEVEN GOLDBOLD DIRECTOR 1.50 X 0 0 0 TANIKA HARPER DIRECTOR 1.50 X 0 0 0 JOE HOAGLAND DIRECTOR 1.50 X 0 0 0 CHARLES HOUSTON DIRECTOR 1.50 X 0 0 0 MIKE HOWARD DIRECTOR 1.50 X 0 0 0 NADIM JUBRAN DIRECTOR 1.50 X 0 0 0 JAMIE LANDIS DIRECTOR 1.50 X 0 0 0 MATT KITTRELL DIRECTOR 1.50 X 0 0 0 DAVID HUNT DIRECTOR 1.50 X 0 0 0 CHARLES LOMAX JR DIRECTOR 1.50 X 0 0 0 BRIDGETT MCMAHAN DIRECTOR 1.50 X 0 0 0 MOHAMED MAHFOUZ DIRECTOR 1.50 X 0 0 0 MISTY MAYES DIRECTOR 1.50 X 0 0 0 SUSANA NAVARRO DIRECTOR 1.50 X 0 0 0 DAVIS OVERTON DIRECTOR 1.50 X 0 0 0 JORDAN MOLLENHOUR DIRECTOR 1.50 X 0 0 0 MATT RYERSON DIRECTOR 1.50 X 0 0 0 GRANT ROSENBERG DIRECTOR 1.50 X 0 0 0 MATTHEW SCOGGINS DIRECTOR 1.50 X 0 0 0 BRIAN SIMMONS DIRECTOR 1.50 X 0 0 0 RICHARD STAIR DIRECTOR 1.50 X 0 0 0 DEANA SANABRIA DIRECTOR 1.50 X 0 0 0 CHERYL LIGHT DIRECTOR 1.50 X 0 0 0 ABHIJIT VEREKAR DIRECTOR 1.50 X 0 0 0 JOHN MCNEELY DIRECTOR 1.50 X 0 0 0 PATRICK WILSON DIRECTOR 1.50 X 0 0 0 MARY KATHERINE WORMSLEY DIRECTOR 1.50 X 0 0 0 ANGELA LUNSFORD VP OF FINANCE AND OPERATION 40.00 X 0 0 0 JAMES SHAMIYEH DIRECTOR 1.50 X 0 0 0 STEVE MERRELL DIRECTOR 1.50 X 0 0 0 OWEN M ODOM PRESIDENT/CEO 40.00 5.00 X 371281 0 14172 371281 0 14172 1 0 1 0 0 2159296 1810500 3969796 ADMINISTRATIVE SERVICE 541800 802889 802889 PROGRAM AND EVENTS 541800 226924 226924 REBATES 541800 8255 8255 1038068 59504 59504 99151 0 99151 99151 99151 CAM REVENUE 541800 89177 89177 OTHER REVENUES 541800 55208 55208 GRANTS AND AWARDS 541800 20993 20993 12315 12315 177693 5344212 1207506 8255 158655 X 371281 371281 2563021 2183058 379963 90521 77856 12665 180691 151138 29553 207167 199589 7578 115333 110891 4442 39157 39157 227452 201857 25595 146270 122867 23403 37014 36592 422 85299 77451 7848 22233 18676 3557 116131 97550 18581 67883 64303 3580 BUSINESS PARK EXPENSES 406496 406496 MISCELLANEOUS 279270 235850 43420 EVENTS AND HOSPITALITY 217569 209079 8490 SOFTWARE 82913 74980 7933 124539 120765 3774 5380240 4799436 580804 0 1457243 988255 309512 711514 755403 88839 85522 3452155 1846731 1680670 1605424 34204 21622 3972470 3765738 469147 477107 1424376 1375246 640432 523480 34204 21622 2568159 2397455 X 1391996 1355974 12315 12309 1404311 1368283 3972470 3765738 -36028 0 X X 0 1 X 1 0 0 0 0 2159296 19638 19638 3058732 1517867 1540865 302920 259258 43662 70865 69606 1259 1605424 OPERATING LEASE LIABILITY 21622 21622 X 5344212 0 5344212 0 5344212 5380240 0 5380240 0 5380240 PART X, LINE 2: THE PROJECT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, IT IS SUBJECT TO FEDERAL TAX ON UNRELATED BUSINESS INCOME. THIS INCOME IS REPORTED ON THE FEDERAL FORM 990-T AS UNRELATED BUSINESS INCOME. THE PROJECT FOLLOWS THE GUIDANCE OF ASC TOPIC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IN ADDITION, ASC TOPIC 740 PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. BASED ON ITS EVALUATION, KNOXVILLE AREA CHAMBER PARTNERSHIP, INC. (KACP) HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. KACP'S EVALUATION WAS PERFORMED FOR TAX YEARS ENDED JUNE 30, 2021 THROUGH JUNE 30, 2024, FOR FEDERAL INCOME TAX, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF JUNE 30, 2024. 0 0 0 OWEN M ODOM PRESIDENT/CEO 291600 0 70081 0 9600 0 0 0 14172 0 385453 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS REVIEWED BY PRESIDENT/CEO AND CONTROLLER BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINICPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD OF DIRECTORS DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE CHAMBER IS A NON-PROFIT MUTUAL BENEFIT ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXPEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15A COMPARE AGAINST SIMILAR POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 24E SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 57,110. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,110. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 24,471. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,471. AUTOMOBILE: PROGRAM SERVICE EXPENSES 18,072. MANAGEMENT AND GENERAL EXPENSES 1,536. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,608. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 8,115. MANAGEMENT AND GENERAL EXPENSES 1,546. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,661. PUBLICATIONS: PROGRAM SERVICE EXPENSES 8,264. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,264. PARKING: PROGRAM SERVICE EXPENSES 3,708. MANAGEMENT AND GENERAL EXPENSES 692. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,400. STAFF DEVELOPMENT: PROGRAM SERVICE EXPENSES 1,025. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,025. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE. THE PARTNERSHIP INITIATIVES FUND 17 MARKET SQUARE KNOXVILLE TN 37902 581641714 FOSTERING ECONOMIC DEVELOPMENT IN THE KNOXVILLE AREA TN 501(C)(3) SCHEDULE A, PART I, 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 THE PARTNERSHIP INITIATIVES FUND R 271376 FINANCIAL RECORDS