Knoxville Technology Council
- Assets
- $109.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 83-3557101
Organization Overview
Knoxville Technology Council is located in Knoxville, TN. The organization was established in 2019. 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. Knoxville Technology Council 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, Knoxville Technology Council generated $197.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.9% each year . All expenses for the organization totaled $234.6k during the year ending 12/2023. 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
TO BUILD AN INFLUENTIAL COMMUNITY OF TECHNOLOGY LEADERS UNITED AND COMMITTED TO HELPING THE GREATER KNOXVILLE REGION GROW AND THRIVE. WE ARE ADVANCING KNOXVILLE AS A TECHNOLOGY HUB AND CENTER OF INNOVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mcneely President | 0 | $0 | |
Brandon Bruce Vice Preside | 0 | $0 | |
C Scott Jones Secretary | 0 | $0 | |
Tom Lakins Chair | 0 | $0 | |
Stephanie Flood Director | 0 | $0 | |
Ron Grohman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $195,935 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,245 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $197,180 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $84,426 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $150,199 |
| Total expenses | $234,625 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,999 |
| Other assets | $0 |
| Total assets | $109,635 |
| Total liabilities | $2,035 |
| Net assets or fund balances | $107,600 |