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Employer Identification Number 58-1966772

THE DEVELOPMENT CORPORATION OF KNOX COUNTY is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:THE DEVELOPMENT CORPORATION OF KNOX COUNTY
Employer identification number (EIN):58-1966772
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:531390
NAIC Description:Other Activities Related to Real Estate
401k Pension/Benefits registration THE DEVELOPMENT CORPORATION OF KNOX COUNTY 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE DEVELOPMENT CORPORATION WILL REPRESENT THE GREATER KNOXVILLE AREA IN MANAGING AND ALLOCATING LAND AND OTHER RESOURCES TO STRATEGICALLY PROMOTE LONG-TERM QUALITY BUSINESS DEVELOPMENT. SPECIFICALLY, THE DEVELOPMENT CORPORATION WILL: WORK WITH INTERESTED BUSINESSES; CREATE BUSINESS AND INDUSTRIAL LOCATION OPPORTUNITIES; ASSIST EXISTING BUSINESSES WITH LAND AND TRAINING NEEDS; FOSTER ENTREPRENEURIAL JOB CREATION, INCLUDING MANAGEMENT OF KNOX COUNTY'S BUSINESS INCUBATOR, FAIRVIEW TECHNOLOGY CENTER; AND ENSURE ALLOCATION OF RESOURCES FOR THE ENHANCEMENT OF THE LONG-TERM ECONOMIC CLIMATE FOR KNOXVILLE AND KNOX COUNTY.
Number of Employees4
Number of Volunteers13
Year Formed1991

Organization Governance

Legal DomicileTN
Voting Members - Governing Body13
Voting Members - Independent13

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 222,210
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 334,427
Program Service Revenue from current yearUSD $ 215,483
Investment Income from prior yearUSD $ 487,117
Investment Income from current yearUSD $ 6,727
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 632,758
Net assets / fund balances at end of fiscal yearUSD $ 41,866,629
Net assets / fund balances at beginning of fiscal yearUSD $ 43,352,883
Total liabilities at end of fiscal yearUSD $ 649,521
Total liabilities at beginning of fiscal yearUSD $ 685,009
Total assets at end of fiscal yearUSD $ 42,516,150
Total assets at beginning of fiscal yearUSD $ 44,037,892
Revenues less expenses for current yearUSD $ -1,486,254
Revenues less expenses for previous yearUSD $ 684,060
Total expenses for current yearUSD $ 2,119,012
Total expenses for previous yearUSD $ 1,009,283
Other expenses in current yearUSD $ 2,068,892
Other expenses in previous yearUSD $ 802,795
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 50,120
Employee salary and benefits paid in previous yearUSD $ 206,488
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 632,758
Total revenue in previous fiscal yearUSD $ 1,693,343
Contributions and grants from current yearUSD $ 410,548
Contributions and grants from previous yearUSD $ 871,799
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 478,101
Program Service Revenue from current yearUSD $ 334,427
Investment Income from prior yearUSD $ -96,326
Investment Income from current yearUSD $ 487,117
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 2,082,995
Net assets / fund balances at end of fiscal yearUSD $ 43,352,883
Net assets / fund balances at beginning of fiscal yearUSD $ 42,668,823
Total liabilities at end of fiscal yearUSD $ 685,009
Total liabilities at beginning of fiscal yearUSD $ 1,608,970
Total assets at end of fiscal yearUSD $ 44,037,892
Total assets at beginning of fiscal yearUSD $ 44,277,793
Revenues less expenses for current yearUSD $ 684,060
Revenues less expenses for previous yearUSD $ 333,947
Total expenses for current yearUSD $ 1,009,283
Total expenses for previous yearUSD $ 956,628
Other expenses in current yearUSD $ 802,795
Other expenses in previous yearUSD $ 508,036
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 206,488
Employee salary and benefits paid in previous yearUSD $ 448,592
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,693,343
Total revenue in previous fiscal yearUSD $ 1,290,575
Contributions and grants from current yearUSD $ 871,799
Contributions and grants from previous yearUSD $ 908,800
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 294,904
Program Service Revenue from current yearUSD $ 478,101
Investment Income from prior yearUSD $ 199,152
Investment Income from current yearUSD $ -96,326
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,883,263
Net assets / fund balances at end of fiscal yearUSD $ 42,668,823
Net assets / fund balances at beginning of fiscal yearUSD $ 42,334,876
Total liabilities at end of fiscal yearUSD $ 1,608,970
Total liabilities at beginning of fiscal yearUSD $ 1,821,370
Total assets at end of fiscal yearUSD $ 44,277,793
Total assets at beginning of fiscal yearUSD $ 44,156,246
Revenues less expenses for current yearUSD $ 333,947
Revenues less expenses for previous yearUSD $ 367,939
Total expenses for current yearUSD $ 956,628
Total expenses for previous yearUSD $ 1,034,917
Other expenses in current yearUSD $ 508,036
Other expenses in previous yearUSD $ 494,978
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 448,592
Employee salary and benefits paid in previous yearUSD $ 539,939
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,290,575
Total revenue in previous fiscal yearUSD $ 1,402,856
Contributions and grants from current yearUSD $ 908,800
Contributions and grants from previous yearUSD $ 908,800
2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 296,142
Program Service Revenue from current yearUSD $ 294,904
Investment Income from prior yearUSD $ 512,403
Investment Income from current yearUSD $ 199,152
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,488,206
Net assets / fund balances at end of fiscal yearUSD $ 42,334,876
Net assets / fund balances at beginning of fiscal yearUSD $ 41,966,937
Total liabilities at end of fiscal yearUSD $ 1,821,370
Total liabilities at beginning of fiscal yearUSD $ 2,224,620
Total assets at end of fiscal yearUSD $ 44,156,246
Total assets at beginning of fiscal yearUSD $ 44,191,557
Revenues less expenses for current yearUSD $ 367,939
Revenues less expenses for previous yearUSD $ 692,682
Total expenses for current yearUSD $ 1,034,917
Total expenses for previous yearUSD $ 1,019,153
Other expenses in current yearUSD $ 494,978
Other expenses in previous yearUSD $ 515,685
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 539,939
Employee salary and benefits paid in previous yearUSD $ 503,468
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,402,856
Total revenue in previous fiscal yearUSD $ 1,711,835
Contributions and grants from current yearUSD $ 908,800
Contributions and grants from previous yearUSD $ 903,290
2019-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 194,597
Program Service Revenue from current yearUSD $ 296,142
Investment Income from prior yearUSD $ -566,234
Investment Income from current yearUSD $ 512,403
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,712,185
Net assets / fund balances at end of fiscal yearUSD $ 41,966,937
Net assets / fund balances at beginning of fiscal yearUSD $ 41,274,255
Total liabilities at end of fiscal yearUSD $ 2,224,620
Total liabilities at beginning of fiscal yearUSD $ 585,096
Total assets at end of fiscal yearUSD $ 44,191,557
Total assets at beginning of fiscal yearUSD $ 41,859,351
Revenues less expenses for current yearUSD $ 692,682
Revenues less expenses for previous yearUSD $ 2,749,374
Total expenses for current yearUSD $ 1,019,153
Total expenses for previous yearUSD $ 943,913
Other expenses in current yearUSD $ 515,685
Other expenses in previous yearUSD $ 499,800
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 503,468
Employee salary and benefits paid in previous yearUSD $ 444,113
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,711,835
Total revenue in previous fiscal yearUSD $ 3,693,287
Contributions and grants from current yearUSD $ 903,290
Contributions and grants from previous yearUSD $ 4,064,924
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 142,987
Program Service Revenue from current yearUSD $ 194,597
Investment Income from prior yearUSD $ -889,519
Investment Income from current yearUSD $ -566,234
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 5,718,568
Net assets / fund balances at end of fiscal yearUSD $ 41,274,255
Net assets / fund balances at beginning of fiscal yearUSD $ 38,524,881
Total liabilities at end of fiscal yearUSD $ 585,096
Total liabilities at beginning of fiscal yearUSD $ 880,175
Total assets at end of fiscal yearUSD $ 41,859,351
Total assets at beginning of fiscal yearUSD $ 39,405,056
Revenues less expenses for current yearUSD $ 2,749,374
Revenues less expenses for previous yearUSD $ -911,408
Total expenses for current yearUSD $ 943,913
Total expenses for previous yearUSD $ 1,003,396
Other expenses in current yearUSD $ 499,800
Other expenses in previous yearUSD $ 519,494
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 444,113
Employee salary and benefits paid in previous yearUSD $ 483,902
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,693,287
Total revenue in previous fiscal yearUSD $ 91,988
Contributions and grants from current yearUSD $ 4,064,924
Contributions and grants from previous yearUSD $ 838,520
2017-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 122,474
Program Service Revenue from current yearUSD $ 142,987
Investment Income from prior yearUSD $ 90,888
Investment Income from current yearUSD $ -889,519
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,811,478
Net assets / fund balances at end of fiscal yearUSD $ 38,524,881
Net assets / fund balances at beginning of fiscal yearUSD $ 39,436,289
Total liabilities at end of fiscal yearUSD $ 880,175
Total liabilities at beginning of fiscal yearUSD $ 818,027
Total assets at end of fiscal yearUSD $ 39,405,056
Total assets at beginning of fiscal yearUSD $ 40,254,316
Revenues less expenses for current yearUSD $ -911,408
Revenues less expenses for previous yearUSD $ -313,589
Total expenses for current yearUSD $ 1,003,396
Total expenses for previous yearUSD $ 1,597,246
Other expenses in current yearUSD $ 519,494
Other expenses in previous yearUSD $ 1,039,461
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 483,902
Employee salary and benefits paid in previous yearUSD $ 457,785
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 100,000
Total revenue in current fiscal yearUSD $ 91,988
Total revenue in previous fiscal yearUSD $ 1,283,657
Contributions and grants from current yearUSD $ 838,520
Contributions and grants from previous yearUSD $ 1,070,295
2016-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 95,432
Program Service Revenue from current yearUSD $ 122,474
Investment Income from prior yearUSD $ 670,713
Investment Income from current yearUSD $ 90,888
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,283,657
Net assets / fund balances at end of fiscal yearUSD $ 39,436,289
Net assets / fund balances at beginning of fiscal yearUSD $ 39,749,878
Total liabilities at end of fiscal yearUSD $ 818,027
Total liabilities at beginning of fiscal yearUSD $ 214,675
Total assets at end of fiscal yearUSD $ 40,254,316
Total assets at beginning of fiscal yearUSD $ 39,964,553
Revenues less expenses for current yearUSD $ -313,589
Revenues less expenses for previous yearUSD $ 6,169,217
Total expenses for current yearUSD $ 1,597,246
Total expenses for previous yearUSD $ 854,802
Other expenses in current yearUSD $ 1,039,461
Other expenses in previous yearUSD $ 431,172
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 457,785
Employee salary and benefits paid in previous yearUSD $ 423,630
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 100,000
Total revenue in current fiscal yearUSD $ 1,283,657
Total revenue in previous fiscal yearUSD $ 7,024,019
Contributions and grants from current yearUSD $ 1,070,295
Contributions and grants from previous yearUSD $ 6,257,874
2015-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 73,705
Program Service Revenue from current yearUSD $ 95,432
Investment Income from prior yearUSD $ 8,238
Investment Income from current yearUSD $ 670,713
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 10,912,663
Net assets / fund balances at end of fiscal yearUSD $ 39,749,878
Net assets / fund balances at beginning of fiscal yearUSD $ 33,580,661
Total liabilities at end of fiscal yearUSD $ 214,675
Total liabilities at beginning of fiscal yearUSD $ 222,439
Total assets at end of fiscal yearUSD $ 39,964,553
Total assets at beginning of fiscal yearUSD $ 33,803,100
Revenues less expenses for current yearUSD $ 6,169,217
Revenues less expenses for previous yearUSD $ 25,378
Total expenses for current yearUSD $ 854,802
Total expenses for previous yearUSD $ 766,645
Other expenses in current yearUSD $ 431,172
Other expenses in previous yearUSD $ 429,081
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 423,630
Employee salary and benefits paid in previous yearUSD $ 337,564
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 7,024,019
Total revenue in previous fiscal yearUSD $ 792,023
Contributions and grants from current yearUSD $ 6,257,874
Contributions and grants from previous yearUSD $ 710,080

Other Company Names associated with EIN

THE DEVELOPMENT CORPORATION

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 581966772

USA Location Address
17 MARKET SQUARE, SUITE 201
KNOXVILLE
TN
37902
Date first seen: 2010-01-01
Date last seen: 2025-07-31
USA Mailing Address
17 MARKET SQUARE 201
KNOXVILLE
TN
379021405
Date first seen: 2015-05-08
Date last seen: 2024-06-07
401k Sponsor USA Address
17 MARKET SQUARE, SUITE 201
KNOXVILLE
TN
37902
Date first seen: 2010-01-01
Date last seen: 2025-02-12

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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