Associated Valley Industries Inc
- Assets
- $100.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ooltewah, TN
- Founding
- 02/2002
- Data as of
- 12/2023
- EIN
- 62-1139049
Organization Overview
Associated Valley Industries Inc is located in Ooltewah, TN. The organization was established in 2002. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associated Valley Industries Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Associated Valley Industries Inc generated $108.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $100.1k during the year ending 12/2023. While expenses have increased by 0.5% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ASSOCIATED VALLEY INDUSTRIES HAS 45 PAYING MEMBER ORGANIZATIONS AND ACTIVELY REPRESENTS TENNESSEE VALLEY INDUSTRIES IN ENERGY AND UTILITY ISSUES, HELPING TO IMPROVE POLICIES AND RATES TO ENCOURAGE INDUSTRIAL GROWTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Odell Frye Executive Director | 20 | $73,700 | |
Leon Simar President | 0 | $0 | |
Steve Howell Vice President | 0 | $0 | |
Cyril Rager Secretary And Treasurer | 0 | $0 | |
Derek Bailey Director | 0 | $0 | |
Andy Bass Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $107,094 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $894 |
| Total Revenue | $107,988 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $73,700 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $393 |
| Other expenses | $25,966 |
| Total expenses | $100,059 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,170 |
| Other assets | $0 |
| Total assets | $100,170 |
| Total liabilities | $0 |
| Net assets or fund balances | $100,170 |