Nonprofit · EIN 27-2341083
CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE
Also known as CHALMERS CENTER
Tax-exempt · CHATTANOOGA, TN 37408
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,097,011 | $3,449,655 | $647,356 | $1,811,987 | $523,608 | $1,288,379 |
| June 30, 2024 | 990 | $3,773,966 | $3,264,508 | $509,458 | $929,666 | $288,643 | $641,023 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,790,470
- of which government grants
- $393,086
- Program service revenue
- $273,010
- Investment income
- $0
- Royalties
- $33,531
- Other revenue
- $33,531
Expenses
- Grants and similar amounts paid
- $193,242
- Compensation of officers, directors and key employees
- $365,609
- Other salaries and wages
- $1,154,366
- Salaries, compensation and benefits (total)
- $1,951,842
- Professional fundraising fees
- $0
- Legal fees
- $15,697
- Accounting fees
- $21,892
- Occupancy
- $159,497
- Travel
- $163,472
- Depreciation
- $2,723
- Program services (functional)
- $2,279,970
- Management and general (functional)
- $538,840
- Fundraising (functional)
- $630,845
Balance sheet and other
- Total assets, start of year
- $929,666
- Total assets, end of year
- $1,811,987
- Total liabilities, end of year
- $523,608
- Net assets, end of year
- $1,288,379
- Net assets without donor restrictions
- -$61,365
- Net assets with donor restrictions
- $1,349,744
- Gross receipts
- $4,097,011
- Employees
- 23
- Volunteers
- 8
- Year formed
- 2010
- State of legal domicile
- GA
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 |
|---|---|---|---|---|
| MICHAEL BRIGGS | CHIEF DEVELOPMENT OFFICER Officer | 40 | $160,803 | $35,189 |
| ROB PORTER | VP OF GENEROSITY Highest-paid employee | 40 | $119,301 | $34,173 |
| COY BUCKLEY | PRESIDENT, CEO, DIRECTOR Trustee or director, Officer | 40 | $109,700 | $13,024 |
| BRIAN FIKKERT | FOUNDER, AMBASSADOR, DIRECTOR Trustee or director, Officer | 20 | $23,885 | $0 |
| CRAIG STEPHENSON | SECRETARY, TREASURER, DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| JEFF GALLEY | DIRECTOR, BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| COLLIN MESSER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRAD VOYLES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JANE PLEACE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT TURNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARC ANTOINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONATHAN MITCHELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Michael Briggs | Chief Development Officer Highest-paid employee | 40 | $133,660 | $31,779 |
| Rob Porter | VP of Generosity Highest-paid employee | 40 | $118,880 | $23,567 |
| Brian Fikkert | Founder, Ambassador, President (Part Year), Director Trustee or director, Officer | 32 | $27,692 | $0 |
| Kevin O'Neal | Chief Operating Officer Officer | 40 | $26,830 | $0 |
| Coy Buckley | President, CEO, Director Trustee or director, Officer | 40 | $0 | $0 |
| Craig Stephenson | Secretary, Treasurer, Director Trustee or director, Officer | 1 | $0 | $0 |
| Brad Voyles | Director Trustee or director | 1 | $0 | $0 |
| Collin Messer | Director Trustee or director | 1 | $0 | $0 |
| Jane Pleace | Director Trustee or director | 1 | $0 | $0 |
| Jonathan Mitchell | Director Trustee or director | 1 | $0 | $0 |
| Karen Ellis | Director (Part-Year) Trustee or director | 1 | $0 | $0 |
| Marc Antoine | Director Trustee or director | 1 | $0 | $0 |
| Robert Turner | Director Trustee or director | 1 | $0 | $0 |
| Jeff Galley | Director, Board Chair Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1500 CHESTNUT ST STE 106, CHATTANOOGA, TN 37408-1023
- In care of
- % BRIAN FIKKERT
- Principal officer (990 for 2024)
- COY BUCKLEY, 1500 CHESTNUT ST 106, CHATTANOOGA, TN 37408
- Signed the 990
- COY BUCKLEY, PRESIDENT & CEO
- Phone
- (706) 956-4119
- Website
- WWW.CHALMERS.ORG
- Return prepared by
- CRI CAPIN CROUSE ADVISORS LLC
Mission
THE CHALMERS CENTER EQUIPS THE CHURCH TO ADDRESS THE BROKEN RELATIONSHIPS AT THE ROOT OF MATERIAL POVERTY, LIVING OUT JESUS' KINGDOM TODAY. WE SEEK TO COMMUNICATE GOD'S REDEEMING STORY AND HOW IT RELATES TO POVERTY ALLEVIATION, ENABLING PEOPLE WHO ARE MATERIALLY POOR TO ENJOY RECONCILED RELATIONSHIPS WITH GOD, SELF, OTHERS, AND THE REST OF CREATION.
Program accomplishments
- FOUNDATIONAL PRINCIPLES AND INNOVATION - THROUGH BOOKS, ONLINE COURSES, SPEAKING ENGAGEMENTS, AND THE AMBASSADORS PROGRAM, THE CHALMERS FRAMEWORK EQUIPS CHURCHES, CHRISTIAN NONPROFITS, AND INDIVIDUAL CHRISTIANS TO UNDERSTAND AND ADDRESS THE ROOT CAUSES OF MATERIAL POVERTY. THROUGH INNOVATION, CHRISTIAN LEADERS ARE EQUIPPED TO DEVELOP POVERTY ALLEVIATION MINISTRY THAT FOSTER REAL CHANGE.Expenses $1,391,381 · revenue $99,234
- FAITH AND FINANCES AND WORK LIFE: DEVELOPING CURRICULUM IN FINANCIAL EDUCATION, INDIVIDUAL DEVELOPMENT ACCOUNTS, AND JOB PREPAREDNESS FOR LOCAL CHURCHES AND CHRISTIAN NOPROFITS, EQUIPPING THEM TO IMPACT LOW-INCOME POPULATIONS. INCLUDING THE DEVELOPMENT AND DEPLOYMENT OF ONLINE CURRICULUM FOR THESE COURSES.Expenses $451,308 · revenue $152,911
- WEST AFRICA PROGRAM AND INTERNATIONAL PROGRAM: TRAINING LOCAL LEADERS IN ECONOMIC DEVELOPMENT STRATEGIES IN WEST AFRICAN COUNTRIES AND BEYOND, SPECIFICALLY SAVINGS-LED MICROFINANCE GROUPS IN LOCAL CHURCHES; DEVELOPING OF MATERIALS FOR USE BY HIGH IMPACT PARTNERS AND DENOMINATIONAL LEADERS.Expenses $437,281 · grants $193,242 · revenue $20,865
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
- 27-2341083
- 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
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q32)
- Assets (IRS master file)
- $1,811,987
- Income (IRS master file)
- $4,097,011
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,097,011 | $3,449,655 | $1,811,987 | IRS |
| 990 | June 2024 | $3,773,966 | $3,264,508 | $929,666 | XML |
| 990 | June 2023 | $2,658,963 | $3,101,276 | $287,349 | IRS |
| 990 | June 2022 | $2,540,039 | $2,943,575 | $698,141 | 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 27-2341083).
Questions about CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE
- What is the EIN of CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE?
- The employer identification number (EIN) of CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE is 27-2341083.
- Is CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE 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 CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE 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 CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE 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 CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE?
- The 990 for the year ended June 30, 2025 names COY BUCKLEY.
- Who are the officers and directors of CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE?
- The 990 for the year ended June 30, 2025 lists 12 people; 4 received compensation from the organization, the highest $160,803 (MICHAEL BRIGGS, CHIEF DEVELOPMENT OFFICER).
- How much revenue does CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,097,011, expenses of $3,449,655 and total assets of $1,811,987 at year end.
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