Nonprofit · EIN 62-1410505
SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION INC
Tax-exempt · CHATTANOOGA, TN 37405
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $537,780 | $459,509 | $78,271 | $1,689,085 | $696 | $1,688,389 |
| December 31, 2024 | 990 | $588,490 | $459,588 | $128,902 | $1,610,679 | $561 | $1,610,118 |
| December 31, 2023 | 990 | $526,948 | $385,766 | $141,182 | $1,481,216 | $0 | $1,481,216 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $483,180
- Investment income
- $54,600
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $120,439
- Compensation of officers, directors and key employees
- $5,000
- Salaries, compensation and benefits (total)
- $5,000
- Professional fundraising fees
- $0
- Accounting fees
- $10,200
- Program services (functional)
- $120,439
- Management and general (functional)
- $339,070
Balance sheet and other
- Total assets, start of year
- $1,610,679
- Total assets, end of year
- $1,689,085
- Total liabilities, end of year
- $696
- Net assets, end of year
- $1,688,389
- Net assets without donor restrictions
- $314,076
- Net assets with donor restrictions
- $1,374,313
- Gross receipts
- $537,780
- Employees
- 0
- Volunteers
- 13
- Year formed
- 1989
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHUCK HAMMONDS | EXECUTIVE DIRECTOR Officer | 2 | $5,000 |
| MIKE PARTIN | President/CEO, Board Chair Trustee or director, Officer | 2 | $0 |
| STACY CHASTAIN | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| TIM HENDERSON | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 |
| ALLAN GLIDEWELL | DIRECTOR Trustee or director | 2 | $0 |
| DAVID WADE | DIRECTOR Trustee or director | 2 | $0 |
| DION COOPER | DIRECTOR Trustee or director | 2 | $0 |
| ERIC NEWBERRY | DIRECTOR Trustee or director | 2 | $0 |
| HAROLD MASENGIL | DIRECTOR Trustee or director | 2 | $0 |
| KATHRYN WEST | DIRECTOR Trustee or director | 2 | $0 |
| LARRY KERNEA | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL HANEY | DIRECTOR Trustee or director | 2 | $0 |
| SCOTT COOPER | DIRECTOR Trustee or director | 2 | $0 |
| STEVE CLIFT | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHUCK HAMMONDS | EXECUTIVE DIRECTOR Officer | 2 | $5,000 |
| MIKE PARTIN | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| STACY CHASTAIN | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 |
| TIM HENDERSON | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 |
| LARRY KERNEA | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL HANEY | DIRECTOR Trustee or director | 2 | $0 |
| DAVID WADE | DIRECTOR Trustee or director | 2 | $0 |
| HAROLD MASENGIL | DIRECTOR Trustee or director | 2 | $0 |
| KATHRYN WEST | DIRECTOR Trustee or director | 2 | $0 |
| SCOTT COOPER | DIRECTOR Trustee or director | 2 | $0 |
| ALLAN GLIDEWELL | DIRECTOR Trustee or director | 2 | $0 |
| STEVE CLIFT | DIRECTOR Trustee or director | 2 | $0 |
| ERIC NEWBERRY | DIRECTOR Trustee or director | 2 | $0 |
| DION COOPER | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHUCK HAMMONDS | EXECUTIVE DIRECTOR Officer | 2 | $5,000 |
| MIKE PARTIN | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| STACY CHASTAIN | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 |
| TIM HENDERSON | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 |
| LARRY KERNEA | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL HANEY | DIRECTOR Trustee or director | 2 | $0 |
| DAVID WADE | DIRECTOR Trustee or director | 2 | $0 |
| HAROLD MASENGIL | DIRECTOR Trustee or director | 2 | $0 |
| KATHRYN WEST | DIRECTOR Trustee or director | 2 | $0 |
| SCOTT COOPER | DIRECTOR Trustee or director | 2 | $0 |
| ALLAN GLIDEWELL | DIRECTOR Trustee or director | 2 | $0 |
| STEVE CLIFT | DIRECTOR Trustee or director | 2 | $0 |
| ERIC NEWBERRY | DIRECTOR Trustee or director | 2 | $0 |
| DION COOPER | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 4757, CHATTANOOGA, TN 37405-0757
- In care of
- % TOM WHEELER
- Principal officer (990 for 2025)
- Mike Partin, PO Box 4757, Chattanooga, TN 37405
- Signed the 990
- Mike Partin, President and CEO, Board Chair
- Phone
- (423) 424-4204
- Website
- SEIDA.INFO
- Return prepared by
- MAULDIN & JENKINS LLC
Mission
CREATE JOBS THROUGH THE ATTRACTION OF NEW BUSINESS AND INDUSTRY AND THROUGH THE EXPANSION OF EXISTING INDUSTRY IN THE POWER-SERVED AREA OF THE TENNESSEE VALLEY AUTHORITY, ENCOMPASSING 22 COUNTIES OF THREE STATES IN THE CHATTENOOGA AREA OF GEORGIA, NORTH CAROLINA, AND TENNESSEE.
Program accomplishments
- ALL PROGRAM EXPENSES ARE FOR INDUSTRIAL RECRUITING TO ATTRACT MORE JOBS TO THE CHATTANOOGA, TENNESSEE AREA.Expenses $120,439 · revenue $483,180
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 62-1410505
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,689,085
- Income (IRS master file)
- $537,780
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $537,780 | $459,509 | $1,689,085 | IRS |
| 990 | December 2024 | $588,490 | $459,588 | $1,610,679 | XML |
| 990 | December 2023 | $526,948 | $385,766 | $1,481,216 | XML |
| 990 | December 2022 | $484,969 | $437,802 | $1,340,034 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 62-1410505).
Questions about SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION INC
- What is the EIN of SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION INC?
- The employer identification number (EIN) of SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION INC is 62-1410505.
- Is SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION 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 SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names Mike Partin.
- Who are the officers and directors of SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 14 people; 1 received compensation from the organization, the highest $5,000 (CHUCK HAMMONDS, EXECUTIVE DIRECTOR).
- How much revenue does SOUTHEAST INDUSTRIAL DEVELOPMENT ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $537,780, expenses of $459,509 and total assets of $1,689,085 at year end.
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