nonprofit logo

Tellico Reservoir Dev Agency

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621144094 ✦ Vonore, TN ✦ Designated as a 501(c)(3)

Overview

What is Tellico Reservoir Dev Agency?

Tellico Reservoir Development Agency is a nonprofit organization situated in Vonore, Tennessee. Established over four decades ago in 1982, its primary mission is to foster comprehensive growth in the Tellico Reservoir project area. The agency has successfully attracted 19 manufacturing, distribution, and commercial service businesses to Tellico West. Its primary activity involves devising and implementing plans to promote the overall development of the region. The agency operates with a team of 19 dedicated individuals, contributing to the economic and industrial growth of the Tellico Reservoir Project Area.


Official website here: www.tellico.com

Is Tellico Reservoir Dev Agency legitimate?

Tellico Reservoir Dev Agency is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tellico Reservoir Dev Agency submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $202,437
Professional Fundraising Fees: $0
Other Salaries and Wages: $572,077

For more financial information, click here


Official website here: www.tellico.com

What is the mission statement of Tellico Reservoir Dev Agency?

The Tellico Reservoir Development Agency's mission is centered around developing and implementing comprehensive plans for the advancement of a specific project area. Their primary objective is to foster the growth of various industries within this project zone, as demonstrated by their successful recruitment of 19 manufacturing and distribution companies, and 10 commercial service businesses since 1982. In essence, their role is to orchestrate the overall development of the project area, aiming to attract and support businesses within it.


Official website here: www.tellico.com

Who is the CEO of Tellico Reservoir Dev Agency?

Bryan Hall is the Board Member of Tellico Reservoir Dev Agency.


Official website here: www.tellico.com

What is the revenue of Tellico Reservoir Dev Agency?

Tellico Reservoir Dev Agency's revenue in 2022 was $4,452,112.


Official website here: www.tellico.com

Who are the executives of Tellico Reservoir Dev Agency and what are their salaries?

The average compensation at Tellico Reservoir Dev Agency during 2022 was $40,764. There are 19 employees at Tellico Reservoir Dev Agency.

Here are 11 key members and their salaries:

    Bryan Hall (Executive Di)
  • Compensation: $113,085
  • Related: $0
  • Other: $0

    • Susan Pangle (Secretary)
  • Compensation: $89,351
  • Related: $0
  • Other: $0

    • Mike Webb (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Black (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jimmy Matlock (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Mitchell (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patty Weaver (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Buddy Bradshaw (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Massey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitch Ingram (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Cullum (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tellico.com

    Where can I find the form 990 for Tellico Reservoir Dev Agency?

    The Tellico Reservoir Dev Agency’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tellico.com

    Learn more at the official website: www.tellico.com

    Mission Statement of Tellico Reservoir Dev Agency

    The Tellico Reservoir Development Agency is dedicated to designing and implementing comprehensive plans for the development of the Tellico Reservoir project area. This mission encompasses the recruitment and establishment of various industries, specifically manufacturing and distribution companies, as well as commercial service businesses, within the Tellico West region since 1982. The agency's initiatives aim to stimulate economic growth and foster industrial development within the designated project area.

    Impact

    This information is meant to be a general summary of Tellico Reservoir Dev Agency. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Tellico Reservoir Development Agency has had a significant impact on the comprehensive development of the Tellico Reservoir project area in Vonore, Tennessee. Since 1982, the agency has played a vital role in the industrial development program by successfully recruiting 19 manufacturing and distribution companies as well as 10 commercial service businesses to Tellico West. This has not only created job opportunities for the local community but has also contributed to the economic growth and prosperity of the region. The agency's efforts have been instrumental in improving the overall quality of life in the area and driving community improvement initiatives.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $790,585
  • Program Service Revenue: $3,433,978
  • Gross Receipts: $4,497,390

    • Assets and Liabilities:
  • Total Assets: $28,907,540
  • Total Liabilities: $8,461,599
  • Net Assets: $20,445,941
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CAMPGROUND FEES

    Revenue

    $1,566,486

    WASTEWATER TREATMENT FEES

    Revenue

    $718,287

    BUILDING PERMIT FEES

    Revenue

    $583,338

    LAND LEASES

    Revenue

    $476,985

    LICENSING FEES

    Revenue

    $76,064

    Organization Details

    Founding Year

    1982

    Principal Officer

    Bryan Hall

    Main Address

    165 DEER CROSSING, VONORE, TN, 37885

    NTEE Category

    Code: S300 - Community improvement

    If you are a representative of Tellico Reservoir Dev Agency and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.