EAST TENNESSEE ECONOMIC COUNCIL INC Charity Report

Public IRS 990 nonprofit record

EAST TENNESSEE ECONOMIC COUNCIL INC

EIN 62-1680075 · Chambers of Commerce & Business Leagues (S41)

What they do

PROMOTION of REGIONAL DEVELOPMENT of THE KNOXVILLE and OAK RIDGE AREA of EAST TENNESSEE BY EXPLORING BROAD OPPORTUNITIES for GROWTH, SPECIFICALLY IN ENERGY TECHNOLOGY and ENCOURAGING THE NEED for UNIFIED ACTION TOWARD COMMON COMMUNITY GOALS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders60 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

77.14%of revenue went to mission work84.3% of expenses · Program services

$91.51spent for every $100 of revenueRevenue covered expenses this year.

14.38%of revenue went to management and office costs15.7% of expenses

$0.45in assets for every $1 spent this yearSome assets cannot be spent right away.

34.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $163,105 for TRACY BOATNER (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$950,607

Mission workProgram services$733,25877.14% of revenue84.3% of expenses

ManagementOffice and general costs$136,65514.38% of revenue15.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$80,6948.49% of revenueShown in gray on the chart

Total expenses$869,91391.51% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.3% mission · 15.7% management · 0.0% fundraisingTotal expenses: 91.51% of revenue

2023Expense mix: 87.5% mission · 12.5% management · 0.0% fundraisingTotal expenses: 98.22% of revenue

2022Expense mix: 87.8% mission · 12.2% management · 0.0% fundraisingTotal expenses: 88.59% of revenue

2021Expense mix: 88.4% mission · 11.6% management · 0.0% fundraisingTotal expenses: 101.51% of revenue

2020Expense mix: 87.2% mission · 12.8% management · 0.0% fundraisingTotal expenses: 104.79% of revenue

2019Expense mix: 88.7% mission · 11.3% management · 0.0% fundraisingTotal expenses: 102.07% of revenue

2018Expense mix: 88.1% mission · 11.9% management · 0.0% fundraisingTotal expenses: 96.88% of revenue

2017Expense mix: 89.1% mission · 10.9% management · 0.0% fundraisingTotal expenses: 101.37% of revenue

Money in and money out

Revenue$950,607

Expenses$869,913

Annual surplus $80,694 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$733,258 · 84.3% of expenses

Management and office costs$136,655 · 15.7% of expenses

See all reported dollar amounts

Revenue$950,607

Expenses$869,913

Assets$395,226

Income$950,607

Contributions$330,375

Mission work (program services)$733,258

Management and general$136,655

Accounting fees$7,263

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

TRACY BOATNERPRESIDENT · 40 hrs/week $163,105Base $158,354 · Other $4,751

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (60)

TRACY BOATNERPRESIDENT

RICH TIGHEDIRECTOR

KELLI CHANEYDIRECTOR

KEN BARRYDIRECTOR

LEIGHA JUSTICEPAST CHAIR

LINDSEY TWARDYDIRECTOR

LOONG YONGDIRECTOR

MARK ELLISONDIRECTOR

MARTY GRAYDIRECTOR

MICHAEL RUSSELLDIRECTOR

MIKE LAUFERDIRECTOR

MISTY MAYESDIRECTOR

PATRICK BIRMINGHAMDIRECTOR

PHIL VOEGTLEDIRECTOR

RANDY INKLEBARGERDIRECTOR

RANDY MERRITT-RESIGNED IN DECDIRECTOR

JOSH PATTERSONDIRECTOR

RYAN OVERTONTREASURER

SASHA LITTLEDIRECTOR

SCOTT MCKINNEYDIRECTOR

SEAN GLEASONDIRECTOR

SHERRY BROWDERPAST CHAIR

STEPHEN STREIFFERDIRECTOR

STEVE HICKSDIRECTOR

STEVE JONESDIRECTOR

SUSANA NAVARRODIRECTOR

TOM BALLARDPAST CHAIR

TOM TUCKDIRECTOR

TRAVIS HOWERTONDIRECTOR

TRAVIS ROTHDIRECTOR

DAVID BRADHSAWPAST CHAIR

ALAN LIBYDIRECTOR

ANDY PAGEDIRECTOR

ANGELIQUE ADAMSDIRECTOR

BALENDRA SUTHARSHANDIRECTOR

BARRY STEPHENSONPAST CHAIR

BERT ROBINSONDIRECTOR

BILL TINDALCHAIR ELECT

BOB VAN HOOKPAST CHAIR

BONNIE CARROLLPAST CHAIR

BUDDY HEINSPAST CHAIR

CATHY TOTHPAST CHAIR

CHRIS WHALEYPAST CHAIR

CORTNEY PIPERCHAIR

DANNI VARLANDIRECTOR

ALAN ICENHOURPAST CHAIR

DAVID SHOLLDIRECTOR

DAVID WALLACEDIRECTOR

DEB CRAWFORDDIRECTOR

ERIC ABELQUISTPAST CHAIR

ERIC NOLANDIRECTOR

GENE SIEVERSDIRECTOR

GERALD BOYDPAST CHAIR

HARRY BOSTONPAST CHAIR

HARRY GROSSDIRECTOR

JACQUELINE WHITESIDEDIRECTOR

JOE AYLORDIRECTOR

JOE HECKMANPAST CHAIR

JOE STORCHDIRECTOR

JOEL DULINGDIRECTOR

About this charity

Recognized since: January 1998
Location: 1201 OAK RIDGE TPKE STE 100, OAK RIDGE, TN 37830-6411
County: Anderson
In care of: TRACY BOATNER
Primary officer: TRACY BOATNER, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailinfo@eteconline.org Phone(865) 483-4577

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: COULTER & JUSTUS PC
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues