Nonprofit · EIN 20-0062024
ENTERPRISE CENTER INC
Tax-exempt · CHATTANOOGA, TN 37401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,529,008 | $6,665,140 | -$136,132 | $3,149,220 | $962,398 | $2,186,822 |
| June 30, 2024 | 990 | $3,865,247 | $4,641,093 | -$775,846 | $2,641,548 | $318,594 | $2,322,954 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,517,184
- of which government grants
- $6,517,184
- Program service revenue
- $0
- Investment income
- $11,824
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $296,279
- Other salaries and wages
- $2,822,043
- Salaries, compensation and benefits (total)
- $3,118,322
- Professional fundraising fees
- $0
- Legal fees
- $9,888
- Accounting fees
- $17,934
- Occupancy
- $211,071
- Travel
- $180,457
- Program services (functional)
- $6,135,539
- Management and general (functional)
- $529,601
Balance sheet and other
- Total assets, start of year
- $2,641,548
- Total assets, end of year
- $3,149,220
- Total liabilities, end of year
- $962,398
- Net assets, end of year
- $2,186,822
- Net assets without donor restrictions
- $467,990
- Net assets with donor restrictions
- $1,718,832
- Gross receipts
- $6,529,008
- Employees
- 45
- Volunteers
- 10
- Year formed
- 2003
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DEB SOCIA | PAST PRESIDENT/CHIEF EXECUTIVE OFFICER Officer | 40 | $145,115 | $28,389 |
| MONIQUE KUYKENDOLL QUARTERMAN | PAST PRESIDENT/CHIEF EXECUTIVE OFFICER Officer | 40 | $75,083 | $7,303 |
| ZAC BROWN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| COURTNEY WATSON | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| STACY JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MINA SARTIPI | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| MICKEY CLOUD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RICK HITCHCOCK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PATRICIA REID | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LORI QUILLEN | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| RONALD MOBLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ISABELLA ORTIZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STACY RICHARDSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DANIEL RYAN | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| TASIA MALAKASIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMAINE AKINS | BOARD MEMBER Trustee or director | 1 | $0 |
| LORI MANN | BOARD MEMBER Trustee or director | 1 | $0 |
| REBECCA ASHFORD | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID WADE | BOARD MEMBER Trustee or director | 1 | $0 |
| CHARLES WOOD | BOARD MEMBER Trustee or director | 1 | $0 |
| JUSTIN ROBERTSON | BOARD MEMBER Trustee or director | 1 | $0 |
| EMILY MACK | BOARD MEMBER Trustee or director | 1 | $0 |
| SAMMY LOWDERMILK | INTERIM PRESIDENT/CHIEF EXECUTIVE OFFICER Officer | 40 | $0 |
990 for the year ended June 30, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DEB SOCIA | PRESIDENT Officer | 40 | $205,600 | $24,364 |
| ZAC BROWN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SYDNEY CRISP | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| COURTNEY WATSON | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| STACY JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MINA SARTIPI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICKEY CLOUD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RICK HITCHCOCK | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| PATRICIA REID | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LORI QUILLEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RONALD MOBLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ISABELLA ORTIZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STACY RICHARDSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DANIEL RYAN | VICE-CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| TASIA MALAKASIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAMAINE AKINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STEVE ANGLE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| REBECCA ASHFORD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID WADE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHARLES WOOD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JUSTIN ROBERTSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| EMILY MACK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 309, CHATTANOOGA, TN 37401-0309
- In care of
- % SAMMY LOWDERMILK
- Principal officer (990 for 2024)
- SAMMY D LOWDERMILK, 1010 GEORGIA AVENUE FL 3, CHATTANOOGA, TN 37402
- Signed the 990
- SAMMY D LOWDERMILK, CHIEF EXECUTIVE OFFICER/PRESIDENT
- Phone
- (423) 661-3300
- Website
- WWW.THEENTERPRISECTR.ORG
- Return prepared by
- JOHNSON HICKEY & MURCHISON PC
Mission
THE ENTERPRISE CENTER UNITES PEOPLE, ORGANIZATIONS, AND TECHNOLOGY, TO BUILD AN ADVANCED AND INCLUSIVE FUTURE FOR OUR COMMUNITY.
Program accomplishments
- DIGITAL OPPORTUNITY: TECH GOES HOME CHATTANOOGA AND TENNESSEE ARE THE ENTERPRISE CENTER'S SIGNATURE DIGITAL OPPORTUNITY PROGRAMS. AIMED AT MAKING TECHNOLOGY ACCESSIBLE TO ALL, TECH GOES HOME OFFERS 15 HOURS OF IN-PERSON DIGITAL LITERACY TRAINING, A SUBSIDIZED LAPTOP OR TABLET, AND ASSISTANCE SIGNING UP FOR NO- OR LOW- COST HOME INTERNET THROUGH A TRAIN-THE-TRAINER MODEL. SINCE 2015, MORE THAN 19,000 PEOPLE OF ALL AGES HAVE GRADUATED FROM THE PROGRAM. TECH GOES HOME WORKS WITH PARTNER ORGANIZATIONS, INCLUDING SCHOOLS, CHURCHES, COMMUNITY CENTERS, AND OTHER NONPROFIT ORGANIZATIONS TO RESPONSIVELY SERVE AND CONNECT COMMUNITIES' MOST DISCONNECTED RESIDENTS, INCLUDING THE ELDERLY, STUDENTS AND THEIR PARENTS, INDIVIDUALS WITH DISABILITIES, JOB SEEKERS, SMALL BUSINESS OWNERS AND OTHERS.Expenses $4,613,671
- SMART AND CONNECTED COMMUNITIES: THE ENTERPRISE CENTER WORKS TO LEVERAGE CHATTANOOGA'S UNIQUE ASSETS AND INFRASTRUCTURE TO SUPPORT SAFE AND HEALTHY COMMUNITIES FOR RESIDENTS OF ALL AGES THROUGH COLLABORATIONS WITH ANCHOR INSTITUTIONS, PLACEMAKING INITIATIVES AND RESEARCH AND DEPLOYMENT OF ADVANCED TECHNOLOGIES. THE ENTERPRISE CENTER CO-LEADS EFFORTS LIKE THE CHATTANOOGA SMART COMMUNITY COLLABORATIVE, INVESTS IN THE BUILT ENVIRONMENT AND AGING-FRIENDLY COMMUNITIES AND INCUBATES PROJECTS WITH POTENTIAL FOR ECONOMIC, PUBLIC HEALTH AND EDUCATIONAL BENEFITS TO THE CHATTANOOGA COMMUNITY AND BEYOND. THE ENTERPRISE CENTER FURTHER SUPPORTS SMART AND CONNECTED COMMUNITIES THROUGH PUBLIC WIFI EXPANSION AND HCS EDCONNECT POWERED BY EPB, A COUNTY-WIDE BROADBAND ACCESS INITIATIVE FOR HAMILTON COUNTY SCHOOLS FAMILIES WITH ECONOMIC NEED.Expenses $650,341
- WORKFORCE DEVELOPMENT & INNOVATION: THE ENTERPRISE CENTER SUPPORTS A RESILIENT, GROWING ECONOMY DRIVEN BY INNOVATION: THROUGH A VARIETY OF STRATEGIES. THE INNOVATION DISTRICT OF CHATTANOOGA, ESTABLISHED IN 2014, ENCOMPASSES ESTABLISHED BUSINESSES AND STARTUPS CLUSTERED WITH EDUCATIONAL AND CULTURAL INSTITUTIONS IN THE HEART OF DOWNTOWN CHATTANOOGA. THE ENTERPRISE CENTER PROVIDES A MULTI PURPOSE, FREE AND PUBLIC EVENT SPACES WITHIN THE DISTRICT, SUPPORTING A VIBRANT AND COLLABORATIVE ECOSYSTEM OF COMMUNITY LEADERS AND PARTNERS, AS WELL AS VISITS FROM OTHER CITIES ACROSS THE COUNTRY. THE ENTERPRISE CENTER'S VISION IS THAT THE SPACE WILL BRING TOGETHER COMMUNITY MEMBERS TO SHARE IDEAS AND CREATE PROJECTS, BUSINESSES, ART, AND INNOVATIVE SOLUTIONS OF ALL KINDS. THE ENTERPRISE CENTER ALSO SUPPORTS THE SMALL BUSINESS AND ENTREPRENEURIAL ECOSYSTEM THROUGH THE BUSINESS RESOURCE COLLABORATIVE, CHATTANOOGA ENTREPRENEUR WEEK AND TOOLS LIKE RESILIENCYCHECKLIST.COM. THE ENTERPRISE CENTER FURTHER INVESTS IN WORKFORCE DEVELOPMENT AND MOBILITY THROUGH EFFORTS LIKE TECH GOES HOME, THE ADVANCED TECHNOLOGY INITIATIVE AND THE LEARNING AGILITY ACCELERATOR.Expenses $516,531
- CIVIC ENGAGEMENT: CHATTAMATTERS IS A HYPERLOCAL STORYTELLING SERIES FOR THE PEOPLE OF CHATTANOOGA. CHATTAMATTERS WAS CREATED BY THE ENTERPRISE CENTER, IN PARTNERSHIP WITH THE CITY OF CHATTANOOGA. THE MULTIMEDIA SERIES AIMS TO INCREASE CIVIC ENGAGEMENT AND BUILD COMMUNITY BY USING SIMPLE AND ENGAGING TOOLS TO SHOW HOW LOCAL GOVERNMENT WORKS, AND HOW CERTAIN ISSUES IMPACT OUR COMMUNITY; LOOKING AT SOME OF OUR COMMUNITY'S BIGGEST CHALLENGES AND EXPLORING POSSIBLE SOLUTIONS; AND HIGHLIGHTING TAKING TIME TO APPRECIATE THE PEOPLE AND PLACES WHO MAKE CHATTANOOGA UNIQUE.Expenses $354,996
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0062024
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $3,149,220
- Income (IRS master file)
- $6,529,008
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,529,008 | $6,665,140 | $3,149,220 | IRS |
| 990 | June 2024 | $3,865,247 | $4,641,093 | $2,641,548 | XML |
| 990 | June 2023 | $4,737,195 | $4,905,052 | $3,609,826 | IRS |
| 990 | June 2022 | $2,620,320 | $2,952,773 | $3,389,204 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0062024).
Questions about ENTERPRISE CENTER INC
- What is the EIN of ENTERPRISE CENTER INC?
- The employer identification number (EIN) of ENTERPRISE CENTER INC is 20-0062024.
- Is ENTERPRISE CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to ENTERPRISE CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ENTERPRISE CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ENTERPRISE CENTER INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ENTERPRISE CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ENTERPRISE CENTER INC?
- The 990 for the year ended June 30, 2025 names SAMMY D LOWDERMILK.
- Who are the officers and directors of ENTERPRISE CENTER INC?
- The 990 for the year ended June 30, 2025 lists 23 people; 2 received compensation from the organization, the highest $145,115 (DEB SOCIA, PAST PRESIDENT/CHIEF EXECUTIVE OFFICER).
- How much revenue does ENTERPRISE CENTER INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,529,008, expenses of $6,665,140 and total assets of $3,149,220 at year end.
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