Thrive Regional Partnership Inc
- Assets
- $851.5k
- Revenue
- $827.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Chattanooga, TN
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 81-4427391
Organization Overview
Thrive Regional Partnership Inc is located in Chattanooga, TN. The organization was established in 2016. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Thrive Regional Partnership Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thrive Regional Partnership Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP, IMPLEMENT AND SUSTAIN A VISION FOR RESPONSIBLE AND INSPIRED GROWTH FOR THE NEXT FOUR DECADES. THROUGH COLLABORATION, COMMUNICATION, ANALYTICS AND INNOVATION, THE THRIVE REGIONAL PARTNERSHIP WILL OPTIMIZE COMMUNITY ENHANCEMENT OPPORTUNITIES WHILE PROTECTING THE NATURAL TREASURES AND LANDSCAPES THAT DEFINE THIS SPECIAL PLACE. TO ACCOMPLISH THESE GOALS, THE THRIVE REGIONAL PARTNERSHIP WILL BUILD AND MAINTAIN A TEAM OF VOLUNTEERS AND STAFF DEDICATED TO FACTUAL INVESTIGATION, PRINCIPLES-BASED ANALYSIS, AND DISSEMINATION OF INFORMATION TO THE PUBLIC AND THE POLITICAL, BUSINESS, CULTURAL AND OTHER LEADERSHIP OF THE TRISTATE REGION SERVED BY THE PARTNERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THRIVING COMMUNITIES IS A PROGRAM THAT WORKS TO EQUIP COMMUNITIES WITH STRATEGY DEVELOPMENT PROGRAMS TO LEVERAGE THEIR DISTINCTIVE LOCAL ASSETS TO GENERATE ECONOMIC AND COMMUNITY VIBRANCY.
REGIONAL TRANSPORTATION & INFRASTRUCTURE IS A PROGRAM TO ADDRESS THE SAFE AND EFFICIENT MOVEMENT OF PEOPLE, PRODUCTS AND DATA ACROSS AND THROUGHOUT THE REGION.
NATURAL TREASURES IS A PROGRAM TO SUSTAIN LOCALLY SOURCED FOOD, RENEWABLE FORESTS, CLEAN AIR, FRESH WATER, AND OUTDOOR RECREATION FOR THE HEALTH AND WELL-BEING OF THE REGION'S PEOPLE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bridgett Massengill President/ceo | Officer | 40 | $126,146 |
Charles N Dobbins Jr Vice-Chair & Treasurer | OfficerTrustee | 1 | $0 |
Connie G Vaughan Chair | OfficerTrustee | 1 | $0 |
Mike Griffin Secretary | OfficerTrustee | 1 | $0 |
Rick A Roden Trustee | Trustee | 1 | $0 |
Whitney Coe Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $316,120 |
| All other contributions, gifts, grants, and similar amounts not included above | $499,282 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $815,402 |
| Total Program Service Revenue | $10,607 |
| Investment income | $30 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,036 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $827,075 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $126,146 |
| Compensation of current officers, directors, key employees. | $47,936 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $190,917 |
| Pension plan accruals and contributions | $22,852 |
| Other employee benefits | $22,531 |
| Payroll taxes | $23,977 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $44,874 |
| Office expenses | $16,964 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $72,481 |
| Travel | $5,102 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,622 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,434 |
| Total functional expenses | $580,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $726,863 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $100,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,005 |
| Net Land, buildings, and equipment | $13,672 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $851,540 |
| Accounts payable and accrued expenses | $14,479 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,479 |
| Net assets without donor restrictions | $439,488 |
| Net assets with donor restrictions | $397,573 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $851,540 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Thrive Regional Partnership Inc has recieved totaling $12,524.
| Awarding Organization | Amount |
|---|---|
Climate Conservation Bozeman, MT PURPOSE: BUILDING NETWORKS | $12,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Conservative Union Alexandria, VA | $4,885,240 | $15,442,633 |
Members Choice Credit Union Ashland, KY | $332,356,623 | $13,811,738 |
International Association Of Refrigerated Warehouses Arlington, VA | $5,555,867 | $6,081,078 |
State Engagement Fund Raleigh, NC | $3,992,375 | $7,875,633 |
First Choice Community Cu Knoxville, TN | $47,507,286 | $1,528,915 |
Metric Media Foundation Harrisonville, MO | $333,905 | $1,765,390 |
Missouri Independent Bankers Association Incorporated Jefferson City, MO | $1,281,760 | $1,238,995 |
Providing Hope Va Fredericksburg, VA | $1,469,789 | $1,859,097 |
Crossroads Grassroots Policy Strategies Haymarket, VA | $336,324 | $3,046 |
1776 Action Arlington, VA | $326,100 | $1,190,055 |
Center For Freedom And Prosperity Inc Alexandria, VA | $181,279 | $705,680 |
Walkaway Foundation Alexandria, VA | $814,430 | $466,516 |