Nonprofit · EIN 62-1356750
LOUDON COUNTY CHAMBER OF COMMERCE INC
Tax-exempt · LOUDON, TN 37774
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $606,303 | $692,009 | -$85,706 | $1,487,760 | $40,637 | $1,447,123 |
| December 31, 2024 | 990 | $573,800 | $618,999 | -$45,199 | $1,555,919 | $23,090 | $1,532,829 |
| December 31, 2023 | 990 | $552,160 | $697,212 | -$145,052 | $1,586,669 | $8,641 | $1,578,028 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $436,219
- of which government grants
- $158,743
- Membership dues
- $154,970
- Program service revenue
- $78,907
- Investment income
- $40,664
- Net income from fundraising events
- $50,513
- Other revenue
- $50,513
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $100,000
- Other salaries and wages
- $168,360
- Salaries, compensation and benefits (total)
- $296,497
- Professional fundraising fees
- $0
- Occupancy
- $14,069
- Travel
- $1,108
- Depreciation
- $62,355
- Program services (functional)
- $543,175
- Management and general (functional)
- $69,456
- Fundraising (functional)
- $79,378
Balance sheet and other
- Total assets, start of year
- $1,555,919
- Total assets, end of year
- $1,487,760
- Total liabilities, end of year
- $40,637
- Net assets, end of year
- $1,447,123
- Land, buildings and equipment
- $275,745
- Gross receipts
- $654,720
- Employees
- 5
- Year formed
- 1988
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RODNEY GRUGIN | CHAMBER EXEC Officer | 40 | $100,000 |
| BOARDS OF DIRECTORS ATTACHED | BOARD MEMBER Officer | – | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOARDS OF DIRECTORS ATTACHED | BOARD MEMBER Officer | – | $87,500 |
| RODNEY GRUGIN | CHAMBER EXEC Officer | 40 | $87,500 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RODNEY GRUGIN | CHAMBER EXEC Officer | 40 | $81,000 |
| BOARDS OF DIRECTORS ATTACHED | BOARD MEMBER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 87, LOUDON, TN 37774-0087
- Principal officer (990 for 2025)
- RODNEY GRUGIN, 410 WHARF ST, LOUDON, TN 37774
- Signed the 990
- RODNEY GRUGIN, CHAMBER EXECUTIVE
- Phone
- (865) 458-2067
- Website
- LOUDONCOUNTYCHAMBER.COM
- Return prepared by
- WARRENJACKSON CPAS PLLC
Mission
TO PROMOTE LOUDON COUNTY AS A GOOD BUSINESS ENVIRONMENT
Program accomplishments
- TO CARRY OUT ACTIVITIES WHICH ATTEMPT TO SET LOUDON COUNTY OUT AS A GOOD PLACE TO LOCATE AND CONDUCT BUSINESS. THIS IS ACCOMPLISHED BY PROMOTING VARIOUS ACTIVITIES THROUGH THE GENERAL MEMBERSHIP WHICH PLACES BUSINESS ACTIVITIES IN A POSITIVE LIGHT.Expenses $573,175
- TO CARRY OUT ACTIVITIES WHICH ATTEMPT TO SET LOUDON COUNTY OUT AS A GOOD PLACE TO LOCATE AND CONDUCT BUSINESS. THIS IS ACCOMPLISHED BY PROMOTING VARIOUS ACTIVITIES THROUGH THE GENERAL MEMBERSHIP WHICH PLACES BUSINESS ACTIVITIES IN A POSITIVE LIGHT.Expenses -$30,000
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 62-1356750
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $1,487,760
- Income (IRS master file)
- $654,720
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $606,303 | $692,009 | $1,487,760 | XML |
| 990 | December 2024 | $573,800 | $618,999 | $1,555,919 | XML |
| 990 | December 2023 | $552,160 | $697,212 | $1,586,669 | XML |
| 990 | December 2022 | $1,838,182 | $609,642 | $1,726,015 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 62-1356750).
Questions about LOUDON COUNTY CHAMBER OF COMMERCE INC
- What is the EIN of LOUDON COUNTY CHAMBER OF COMMERCE INC?
- The employer identification number (EIN) of LOUDON COUNTY CHAMBER OF COMMERCE INC is 62-1356750.
- Is LOUDON COUNTY CHAMBER OF COMMERCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1989.
- Are donations to LOUDON COUNTY CHAMBER OF COMMERCE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOUDON COUNTY CHAMBER OF COMMERCE 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 LOUDON COUNTY CHAMBER OF COMMERCE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOUDON COUNTY CHAMBER OF COMMERCE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LOUDON COUNTY CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2025 names RODNEY GRUGIN.
- Who are the officers and directors of LOUDON COUNTY CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $100,000 (RODNEY GRUGIN, CHAMBER EXEC).
- How much revenue does LOUDON COUNTY CHAMBER OF COMMERCE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $606,303, expenses of $692,009 and total assets of $1,487,760 at year end.
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- WATERSHED ASSOCIATION OF THE TELLICO RESERVOIR EIN 62-1849889 · last filed 990-N for 2025
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- ROTARY CLUB OF LOUDON FOUNDATION EIN 83-0596974 · last filed 990-N for 2025
- TELLICO VILLAGE POA INC EIN 62-1270164 · last filed 990 for 2024
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All nonprofits in LOUDON · Tennessee · Community improvement and capacity building