Nonprofit · EIN 62-1300726
CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC
Tax-exempt · CHATTANOOGA, TN 37408
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,433,803 | $5,843,988 | -$410,185 | $39,906,022 | $25,258,867 | $14,647,155 |
| June 30, 2024 | 990 | $6,685,931 | $5,657,010 | $1,028,921 | $32,083,031 | $17,025,691 | $15,057,340 |
| June 30, 2023 | 990 | $4,725,730 | $3,846,947 | $878,783 | $29,047,998 | $15,019,579 | $14,028,419 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,454,678
- of which government grants
- $2,215,567
- Program service revenue
- $2,608,570
- Investment income
- $0
- Other revenue
- $370,555
Expenses
- Grants and similar amounts paid
- $50,726
- Compensation of officers, directors and key employees
- $349,037
- Other salaries and wages
- $1,223,618
- Salaries, compensation and benefits (total)
- $1,876,327
- Professional fundraising fees
- $0
- Legal fees
- $50,194
- Accounting fees
- $35,407
- Occupancy
- $682,538
- Travel
- $28,854
- Depreciation
- $801,239
- Program services (functional)
- $4,642,570
- Management and general (functional)
- $1,201,418
Balance sheet and other
- Total assets, start of year
- $32,083,031
- Total assets, end of year
- $39,906,022
- Total liabilities, end of year
- $25,258,867
- Net assets, end of year
- $14,647,155
- Land, buildings and equipment
- $29,990,070
- Net assets without donor restrictions
- $11,737,952
- Net assets with donor restrictions
- $2,909,203
- Gross receipts
- $5,433,803
- Employees
- 27
- Volunteers
- 175
- Year formed
- 1986
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARTINA GUILFOIL | EXECUTIVE DIRECTOR (THRU FEB 2025) Officer | 40 | $173,914 | $21,028 |
| DARLA BLAND | CHIEF FINANCIAL OFFICER Officer | 40 | $120,245 | $18,335 |
| MATT LYLE | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANDY LEFFLER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| FRANK HUGHES | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JERRY LEE | TREASURER (THRU OCT 2024) Trustee or director, Officer | 1 | $0 | $0 |
| MARIA NOEL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TAMEKIA BREWER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN CRAWFORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREA HARDAWAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNY HILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARY ANN SCHENK | DIRECTOR (THRU NOV 2024) Trustee or director | 1 | $0 | $0 |
| TD SCOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON STEELE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS THOMPSON | EXECUTIVE DIRECTOR Officer | 40 | $0 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARTINA GUILFOIL | EXECUTIVE DIRECTOR Officer | 40 | $173,018 | $20,824 |
| DARLA BLAND | CHIEF FINANCIAL OFFICER Officer | 40 | $121,179 | $17,266 |
| ANDREA HARDAWAY | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JERRY LEE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MATT LYLE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARIA NOEL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TAMEKIA BREWER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN CRAWFORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNY HILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK HUGHES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDY LEFFLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARY ANN SCHENK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TD SCOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GENE SHILES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON STEELE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARTINA GUILFOIL | EXECUTIVE DIRECTOR Officer | 40 | $165,646 | $18,275 |
| DARLA BLAND | CFO Officer | 40 | $115,058 | $15,487 |
| CARLENE CARRABINO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN CRAWFORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CRYSTAL SORRELLS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNY HILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIA NOEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIE HURLEY BLAIR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TD SCOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARY ANN SCHENK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREA HARDAWAY | VICE CHAIR Officer | 1 | $0 | $0 |
| JERRY LEE | TREASURER Officer | 1 | $0 | $0 |
| MATT LYLE | SECRETARY Officer | 1 | $0 | $0 |
| MICHAEL STEWART | CHAIR Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1500 CHESTNUT ST STE 102, CHATTANOOGA, TN 37408-1023
- In care of
- % DAWN SCATES
- Principal officer (990 for 2024)
- CHRIS THOMPSON, 1500 CHESTNUT STREEET 102, CHATTANOOGA, TN 37408
- Signed the 990
- DARLA BLAND, CFO
- Phone
- (423) 756-6201
- Website
- WWW.CNEINC.ORG
- Return prepared by
- WIPFLI ADVISORY LLC
Mission
MISSION: TO CREATE ECONOMICALLY DIVERSE NEIGHBORHOODS FILLED WITH FINANCIALLY EMPOWERED CITIZENS AND HOUSING FOR ALL.VISION: ALL CHATTANOOGANS CAN AFFORD A SAFE PLACE IN A STRONG NEIGHBORHOOD TO CALL HOME. BELIEF: WE BELIEVE THE FUTURE OF CHATTANOOGA IS ROOTED IN THE VIBRANCY OF ALL OUR NEIGHBORHOODS AND THE PROSPERITY OF ALL OUR PEOPLE.
Program accomplishments
- CHATTANOOGA NEIGHBORHOOD ENTERPRISE, INC. (CNE) OPERATES HOUSING DEVELOPMENT, LENDING, COUNSELING, AND COMMUNITY ENGAGEMENT PROGRAMS IN CHATTANOOGA, TENNESSEE. CNE DEVELOPS, OWNS, AND MANAGES SINGLE-FAMILY AND MULTIFAMILY HOUSING, INCLUDING RENTAL PROPERTIES, TO PROVIDE AFFORDABLE RESIDENTIAL OPTIONS.CNE SUPPORTS HOMEOWNERSHIP THROUGH EDUCATION, COUNSELING, LOAN ORIGINATION, AND LOAN SERVICING ACTIVITIES. AS A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI), CNE PROVIDES DOWN PAYMENT AND CLOSING COST ASSISTANCE, FORECLOSURE PREVENTION SERVICES, AND HOME REPAIR FINANCING FOR LOW- AND MODERATE-INCOME HOUSEHOLDS. CNE ALSO OPERATES A SMALL-DOLLAR LOAN PROGRAM THAT PROVIDES AN ALTERNATIVE TO PAYDAY LENDING THROUGH PARTICIPATING EMPLOYERS.IN ADDITION, CNE PROVIDES PROPERTY MANAGEMENT SERVICES FOR ITS HOUSING PORTFOLIO AND CONDUCTS COMMUNITY ENGAGEMENT INITIATIVES THAT SUPPORT NEIGHBORHOOD REVITALIZATION AND RESIDENT LEADERSHIP DEVELOPMENT.Expenses $4,642,570 · grants $50,726 · revenue $2,608,570
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 62-1300726
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L200)
- Assets (IRS master file)
- $39,906,022
- Income (IRS master file)
- $5,433,803
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,433,803 | $5,843,988 | $39,906,022 | IRS |
| 990 | June 2024 | $6,685,931 | $5,657,010 | $32,083,031 | IRS |
| 990 | June 2023 | $4,725,730 | $3,846,947 | $29,047,998 | XML |
| 990 | June 2022 | $4,089,367 | $3,579,071 | $25,801,135 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1300726).
Questions about CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC
- What is the EIN of CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC?
- The employer identification number (EIN) of CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC is 62-1300726.
- Is CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC?
- The 990 for the year ended June 30, 2025 names CHRIS THOMPSON.
- Who are the officers and directors of CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC?
- The 990 for the year ended June 30, 2025 lists 15 people; 2 received compensation from the organization, the highest $173,914 (MARTINA GUILFOIL, EXECUTIVE DIRECTOR (THRU FEB 2025)).
- How much revenue does CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,433,803, expenses of $5,843,988 and total assets of $39,906,022 at year end.
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All nonprofits in CHATTANOOGA · Tennessee · Housing and shelter