Stadium Corporation

Organization Overview

Stadium Corporation is located in Chattanooga, TN. The organization was established in 1996. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Stadium Corporation employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stadium Corporation 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, Stadium Corporation generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $3.2m during the year ending 06/2022. While expenses have increased by 6.8% 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

CIVIC STADIUM OPERATIONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CIVIC STADIUM BEGAN OPERATIONS ON OCTOBER 1, 1997. SINCE THAT DATE, NUMEROUS SPORTS AND CIVIC EVENTS HAVE BEEN HELD AT THE STADIUM.


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Board, Officers & Key Employees

Name (title)Compensation
Jermaine Freeman
Director
$0
Ryan Crimmins
Vice President
$0
Michael M Davis
Chairman
$0
Larry Parks
Treasurer
$0
Gerald Webb II
Director
$0
Hiren Desai
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $182,779
All other contributions, gifts, grants, and similar amounts not included above$232,788
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$415,567
Total Program Service Revenue$2,256,219
Investment income $0
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 $2,671,786

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Stadium Corporation has recieved totaling $300,000.

Awarding OrganizationAmount
Chattanooga Area Convention And Visitors Bureau Inc

Chattanooga, TN

PURPOSE: PROVIDE SUPPORT FOR SPORTS EVENTS THAT PROMOTE TOURISM IN THE LOCAL CHATTANOOGA AREA

$300,000
View Grant Recipient Profile

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