Douglas-Cherokee Economic Authority Inc

Organization Overview

Douglas-Cherokee Economic Authority Inc is located in Morristown, TN. The organization was established in 1968. As of 06/2022, Douglas-Cherokee Economic Authority Inc employed 707 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Douglas-Cherokee Economic Authority Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Douglas-Cherokee Economic Authority Inc generated $28.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $27.5m during the year ending 06/2022. While expenses have increased by 4.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

DOUGLAS-CHEROKEE ECONOMIC AUTHORITY, INC. IS A COMMUNITY ACTION AGENCY SERVING SIX (6) RURAL APPALACHIAN COUNTIES EAST TENNESSEE-COCKE, GRAINGER, HAMBLEN, JEFFERSON, MONROE AND SEVIER. THE PURPOSE OF THE AGENCY IS TO HELP FAMILIES LIVING IN POVERTY IMPROVE THEIR LIVES BY PROVIDING THEM WITH ASSISTANCE AND SERVICES THAT THEY ARE NOT ABLE TO PROVIDE FOR THEMSELVES. THE FOCUS OF THE AGENCY IS TO HELP PEOPLE HELP THEMSELVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

U.S DEPARTMENT OF HEALTH AND HUMAN SERVICES- HEADSTART PROGRAM- A COMPREHENSIVE PROGRAM DESIGNED TO PROVIDE SERVICES TO LOW INCOME CHILDREN AND FAMILIES, INCLUDING EDUCATIONAL, HEALTH AND NUTRITIONAL SERVICES.


U.S DEPARTMENT OF EDUCATION- THE PURPOSE OF THESE PROGRAMS IS TO PROVIDE EDUCATIONAL OPPORTUNITIY IN THE APPALACHIAN REGION TO POVERTY LEVEL FAMILIES.


U.S. DEPT. OF HEALTH & HUMAN SERVICES - LOW INCOME HOME ENERGY ASSISTANCE AND COMMUNITY SERVICES BLOCK GRANT - TO PROVIDE INCOME AND ADVISORY EDUCATIONAL ASSISTANCE TO LOW INCOME FAMILIES.


TN DEPT. OF AGRICULTURE, HUD, FEMA, EAST TN HUMAN RESOURCE AGENCY, AND OTHER PROGRAMS - TO PROVIDE NUTRITION, HOUSING, COUNSELING AND OTHER PROGRAMS TO LOW INCOME FAMILIES IN THE AGENCY'S SERVICE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Megan Barnard
Exec Directo
$73,363
David Sigler
Fiscal Offic
$65,068
Terry Acuff
Director
$0
Clay Blazer
Director
$0
Roxanne Bowen
Director
$0
Bill Brittain
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $23,061,449
All other contributions, gifts, grants, and similar amounts not included above$2,870,020
Noncash contributions included in lines 1a–1f $2,605,029
Total Revenue from Contributions, Gifts, Grants & Similar$25,931,469
Total Program Service Revenue$12,714
Investment income $3,653
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,197,437

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Douglas-Cherokee Economic Authority Inc has recieved totaling $318,303.

Awarding OrganizationAmount
Save The Children Federation Inc

Fairfield, CT

PURPOSE: EDUCATION ACTIVITY

$303,303
Sweetwater-Monroe County United Fd

Sweetwater, TN

PURPOSE: BASIC NEEDS

$8,500
Sweetwater-Monroe County United Fd

Sweetwater, TN

PURPOSE: HEALTH

$6,500
View Grant Recipient Profile

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