The Chattanooga Apartment Association
EIN: 383784329 · Chattanooga, TN · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $242K |
| Total Expenses | $146K |
| Net Assets | $63K |
Is The Chattanooga Apartment Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Chattanooga Apartment Association
The Chattanooga Apartment Association (EIN: 383784329) is a nonprofit organization based in Chattanooga, TN, classified under NTEE code S40. The organization reported total revenue of $242K and total assets of $330K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Chattanooga Apartment Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Chattanooga Apartment Association is a small nonprofit that has been operating for 6 years, with 6 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $146K |
| Surplus / Deficit | +$8K |
| Total Assets | $63K |
| Net Assets | $63K |
| Operating Margin | 5.2% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2023, The Chattanooga Apartment Association reported a surplus of $8K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate).
Financial Trends
Over 6 years of filings (2017–2023), The Chattanooga Apartment Association's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.1% | +2.5% | +14.6% |
| 2022 | +81.2% | +108.3% | +110.3% |
| 2021 | -3.4% | +12.1% | -29.1% |
| 2020 | -42.7% | -32.6% | -54.1% |
| 2019 | +18.1% | +4.9% | +37.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Chattanooga Apartment Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Chattanooga Apartment Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
Frequently Asked Questions about The Chattanooga Apartment Association
Is The Chattanooga Apartment Association a legitimate charity?
The Chattanooga Apartment Association (EIN: 383784329) is a registered tax-exempt nonprofit based in Tennessee. It has 6 years of IRS 990 filings on record. Total revenue: $242K. No red flags identified. Financial health grade: A.
How does The Chattanooga Apartment Association spend its money?
The Chattanooga Apartment Association reported $242K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Chattanooga Apartment Association tax-deductible?
The Chattanooga Apartment Association is registered as a tax-exempt nonprofit (EIN: 383784329). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Chattanooga Apartment Association located?
The Chattanooga Apartment Association is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 383784329. It is classified under NTEE code S40.
How many years of IRS 990 filings does The Chattanooga Apartment Association have?
The Chattanooga Apartment Association has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $242K in total revenue.
Filing History
IRS 990 filing history for The Chattanooga Apartment Association showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2023), The Chattanooga Apartment Association's revenue has grown by 6.5%, moving from $145K to $154K. Total assets increased by 7.8% over the same period, from $58K to $63K. Total functional expenses rose by 69.3%, from $86K to $146K. In its most recent filing year (2023), The Chattanooga Apartment Association reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $146K | $63K | $0 | — | View 990 |
| 2022 | $171K | $142K | $55K | $0 | — | View 990 |
| 2021 | $95K | $68K | $26K | $0 | — | View 990 |
| 2020 | $98K | $61K | $37K | $0 | — | View 990 |
| 2019 | $171K | $91K | $80K | $0 | — | — |
| 2017 | $145K | $86K | $58K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $146K, and assets of $63K (revenue -10.1% year-over-year).
- 2022: Revenue of $171K, expenses of $142K, and assets of $55K (revenue +81.2% year-over-year).
- 2021: Revenue of $95K, expenses of $68K, and assets of $26K (revenue -3.4% year-over-year).
- 2020: Revenue of $98K, expenses of $61K, and assets of $37K (revenue -42.7% year-over-year).
- 2019: Revenue of $171K, expenses of $91K, and assets of $80K (revenue +18.1% year-over-year).
- 2017: Revenue of $145K, expenses of $86K, and assets of $58K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Chattanooga Apartment Association:
Data Sources and Methodology
This transparency report for The Chattanooga Apartment Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.