Chattanooga Area Food Bank Inc

Organization Overview

Chattanooga Area Food Bank Inc is located in Chattanooga, TN. The organization was established in 1973. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2021, Chattanooga Area Food Bank Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chattanooga Area Food Bank 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 06/2021, Chattanooga Area Food Bank Inc generated $40.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $35.8m during the year ending 06/2021. While expenses have increased by 3.2% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO LEAD A NETWORK OF PARTNERS IN ELIMINATING HUNGER AND PROMOTING BETTER NUTRITION IN OUR REGION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SERVICE CONSISTS OF FOOD DISTRIBUTION TO ELIMINATE HUNGER AND PROMOTE BETTER NUTRITION. VARIOUS ACTIVITIES WITHIN THE PROGRAM INCLUDE LEADING A MORE THAN 300 MEMBER NETWORK OF PARTNER AGENCIES, PROVIDING SUPPLEMENTAL FOOD TO CHILDREN AND SENIORS AT RISK, AND PROVIDING EMERGENCY FOOD TO INDIVIDUALS AND FAMILIES EXPERIENCING FINANCIAL HARDSHIP.


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Board, Officers & Key Employees

Name (title)Compensation
David Mccorkle
Chief Financial Officer
$83,463
Melissa Blevins
President And CEO
$30,744
Frank Hughes
First Vice Chairman
$0
Phil Harris
Treasurer
$0
Celeste Bandy Weaver
Second Vice Chairman
$0
Jim Catanzaro
Chairman
$0

Financial Statements

Statement of Revenue
Federated campaigns$9,326
Membership dues$0
Fundraising events$1,838,199
Related organizations$0
Government grants $6,419,335
All other contributions, gifts, grants, and similar amounts not included above$29,555,952
Noncash contributions included in lines 1a–1f $29,843,841
Total Revenue from Contributions, Gifts, Grants & Similar$37,822,812
Total Program Service Revenue$2,160,555
Investment income $2,495
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$843
Net Income from Fundraising Events $488,314
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $40,483,306

Grants Awarded

Over the last fiscal year, Chattanooga Area Food Bank Inc has awarded $17,350 in support to 3 organizations.

Grant RecipientAmount

HELPING HANDS ENDING HUNGER

Org PageRecipient Profile

Trion, GA

PURPOSE: TO PURCHASE CAPITAL ITEMS AND EXPAND PROGRAMS.

$10,350

JOYFULL SOUND

PURPOSE: TO PURCHASE EQUIPMENT.

$3,500

VALLEY VIEW STORE HOUSE

PURPOSE: TO PURCHASE EQUIPMENT.

$3,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 56 grants that Chattanooga Area Food Bank Inc has recieved totaling $1,915,676.

Awarding OrganizationAmount
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$918,674
Tennessee Health Foundation Inc

Chattanooga, TN

PURPOSE: COVID-19 RELIEF FUNDING

$250,000
Community Foundation Of Greater Chattanooga Inc

Chattanooga, TN

PURPOSE: PRODUCE EMPOWERMENT PROGRAM

$100,000
Community Foundation Of Northwest Georgia Inc

Dalton, GA

PURPOSE: WAREHOUSE AND CIVIC AND HUMAN SERVICES

$82,245
Mckenzie Foundation

Chattanooga, TN

PURPOSE: OPERATING FUNDS

$60,000
Steve and Lisa Frost Family Foundation

Signal Mountain, TN

PURPOSE: OPERATIONS

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,401,750
Net Contributions$3,623,185
Other Expense$2,484,538
Ending Balance$2,540,397

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