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Nonprofit · EIN 99-5081521

INVEST CHATTANOOGA

Tax-exempt · CHATTANOOGA, TN 37404

Financials

$20.8M$268K2025
Revenue Expenses · by fiscal year end
Financials of INVEST CHATTANOOGA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$20,777,763$268,056$20,509,707$20,559,997$50,290$20,509,707
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$20,110,000
of which government grants
$20,000,000
Program service revenue
$0
Investment income
$667,763
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$114,326
Salaries, compensation and benefits (total)
$114,326
Professional fundraising fees
$0
Accounting fees
$15,929
Occupancy
$5,530
Travel
$2,313
Program services (functional)
$27,255
Management and general (functional)
$240,801

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$20,559,997
Total liabilities, end of year
$50,290
Net assets, end of year
$20,509,707
Net assets without donor restrictions
$20,509,707
Gross receipts
$20,777,763
Employees
1
Volunteers
5
Year formed
2024
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.

NameTitleHours / weekCompensationOther / benefits
MATT BEDSOLEPRESIDENT AND CEO
Officer
40$93,560$20,766
SKIP SCHWARTZCHAIR
Trustee or director, Officer
1$0$0
ADAM KINSEYVICE CHAIR
Trustee or director, Officer
1$0$0
NICOLE HEYMANDIRECTOR
Trustee or director
1$0$0
MATT PHILLIPSDIRECTOR
Trustee or director
1$0$0
EDNA VARNERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
801 N HOLTZCLAW AVE, CHATTANOOGA, TN 37404-1236
Principal officer (990 for 2025)
MATT BEDSOLE, 1100 MARKET STREET SUITE 619, CHATTANOOGA, TN 37402
Signed the 990
MATT BEDSOLE, PRESIDENT AND CEO
Phone
(423) 763-8303
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

INVEST CHATTANOOGA USES FLEXIBLE, LOW-COST CAPITAL AND STRATEGIC PUBLIC-PRIVATE PARTNERSHIPS TO PRODUCE FINANCIALLY SUSTAINABLE, MIXED-INCOME HOUSING WITH DEEP PERMANENT AFFORDABILITY THAT THE MARKET ALONE CANNOT DELIVER.

990 for the year ended December 31, 2025

Program accomplishments

  • INVEST CHATTANOOGA ADVANCES THE DEVELOPMENT AND PRESERVATION OF AFFORDABLE AND MIXED-INCOME HOUSING IN CHATTANOOGA, TENNESSEE BY PROVIDING GAP FINANCING, BELOW-MARKET LOANS, AND OTHER CAPITAL TO HOUSING DEVELOPMENTS. THE ORGANIZATION PARTNERS WITH PUBLIC AND PRIVATE DEVELOPERS TO SUPPORT PROJECTS THAT CREATE AND MAINTAIN HOUSING AFFORDABLE TO LOW- AND MODERATE-INCOME HOUSEHOLDS, INCLUDING UNITS SERVING FAMILIES AT 30%-80% OF AREA MEDIAN INCOME (AMI). THESE INVESTMENTS HELP INCREASE THE SUPPLY OF AFFORDABLE HOUSING AND SUPPORT STABLE COMMUNITIES IN THE CITY OF CHATTANOOGA.
    Expenses $27,255

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
99-5081521
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,559,997
Income (IRS master file)
$20,777,763

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$20,777,763$268,056$20,559,997IRS

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 99-5081521).

Questions about INVEST CHATTANOOGA

What is the EIN of INVEST CHATTANOOGA?
The employer identification number (EIN) of INVEST CHATTANOOGA is 99-5081521.
Is INVEST CHATTANOOGA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to INVEST CHATTANOOGA tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does INVEST CHATTANOOGA 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 INVEST CHATTANOOGA 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 INVEST CHATTANOOGA 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 INVEST CHATTANOOGA?
The 990 for the year ended December 31, 2025 names MATT BEDSOLE.
Who are the officers and directors of INVEST CHATTANOOGA?
The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $93,560 (MATT BEDSOLE, PRESIDENT AND CEO).
How much revenue does INVEST CHATTANOOGA have?
On its 990 for the year ended December 31, 2025 it reported revenue of $20,777,763, expenses of $268,056 and total assets of $20,559,997 at year end.

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