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The Development Corporation Of Knox County Tennessee

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Urban, Community Economic Development (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$633k (2023)

Expenses
$2.12M (2023)

Total Assets
$42.5M (2023)

Total Liabilities
$650k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$632,758
Expenses
$2,119,012
Net Income
-$1,486,254
Net Assets
$41,866,629
Notable Sources of Revenue Percent of Total Revenue
Contributions $410,548
64.9%
Program Services $215,483
34.1%
Investment Income $6,727
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $33,648
1.6%
Assets/Debt
Total Assets $42,516,150
Total Liabilities $649,521
Net Assets $41,866,629
Compensation
Key Employees and Officers Compensation Related Other
M Douglas Campbell Jr (Vice Chairman) $0 $0 $0
George H Heins Iii (Chairman) $0 $0 $0
Nancy Barger (Director) $0 $0 $0
Carolyn Fairbank (Secretary/Treasurer) $0 $0 $0
Indya Kincannon (Director) $0 $0 $0
Louise Frazier (Director) $0 $0 $0
Charles Morris (Director) $0 $0 $0
Glenn Jacobs (Director) $0 $0 $0
Courtney Durrett (Director) $0 $0 $0
William F Fox (Director) $0 $0 $0
Terry Mosley (Director) $0 $0 $0
Mayor Ron Williams (Director Non Voting) $0 $0 $0
Terry Hill (Vice Chairman) $0 $0 $0
Larsen Jay (Director) $0 $0 $0
Mike Odom (Interim President & Ceo) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,693,343
Expenses
$1,009,283
Net Income
$684,060
Net Assets
$43,352,883
Notable Sources of Revenue Percent of Total Revenue
Contributions $871,799
51.5%
Program Services $334,427
19.7%
Investment Income $26,769
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $460,348
27.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $185,508
18.4%
Assets/Debt
Total Assets $44,037,892
Total Liabilities $685,009
Net Assets $43,352,883
Compensation
Key Employees and Officers Compensation Related Other
M Douglas Campbell Jr (Vice Chairman) $0 $0 $0
Justin Biggs (Director) $0 $0 $0
George H Heins Iii (Chairman) $0 $0 $0
Nancy Barger (Director) $0 $0 $0
Carolyn Fairbank (Secretary/Treasurer) $0 $0 $0
Indya Kincannon (Director) $0 $0 $0
Louise Frazier (Director) $0 $0 $0
Charles Morris (Director) $0 $0 $0
Glenn Jacobs (Director) $0 $0 $0
Courtney Durrett (Director) $0 $0 $0
William F Fox (Director) $0 $0 $0
Richie Beeler (Director) $0 $0 $0
Terry Mosley (Director) $0 $0 $0
Mayor Ron Williams (Director Non Voting) $0 $0 $0
Mike Odom (President & Ceo) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,290,575
Expenses
$956,628
Net Income
$333,947
Net Assets
$42,668,823
Notable Sources of Revenue Percent of Total Revenue
Contributions $908,800
70.4%
Program Services $478,101
37.0%
Investment Income $97,937
7.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$194,263
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $356,362
37.3%
Assets/Debt
Total Assets $44,277,793
Total Liabilities $1,608,970
Net Assets $42,668,823
Compensation
Key Employees and Officers Compensation Related Other
Todd Napier (Former President & Ceo) $168,187 $0 $0
M Douglas Campbell Jr (Vice Chairman) $0 $0 $0
Justin Biggs (Director) $0 $0 $0
George H Heins Iii (Chairman) $0 $0 $0
Nancy Barger (Director) $0 $0 $0
Carolyn Fairbank (Secretary/Treasurer) $0 $0 $0
Indya Kincannon (Director) $0 $0 $0
Louise Frazier (Director) $0 $0 $0
Charles Morris (Director) $0 $0 $0
Glenn Jacobs (Director) $0 $0 $0
Courtney Durrett (Director) $0 $0 $0
William F Fox (Director) $0 $0 $0
Richie Beeler (Director) $0 $0 $0
Terry Mosley (Director) $0 $0 $0
Mayor Ron Williams (Director Non Voting) $0 $0 $0
Mike Odom (President & Ceo) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,402,856
Expenses
$1,034,917
Net Income
$367,939
Net Assets
$42,334,876
Notable Sources of Revenue Percent of Total Revenue
Contributions $908,800
64.8%
Program Services $294,904
21.0%
Investment Income $199,502
14.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$350
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $189,210
18.3%
Professional Fundraising Fees $0
Other Salaries and Wages $252,422
24.4%
Assets/Debt
Total Assets $44,156,246
Total Liabilities $1,821,370
Net Assets $42,334,876
Compensation
Key Employees and Officers Compensation Related Other
Todd Napier (President & Ceo) $175,000 $0 $10,710
Jim Nichols (Director) $0 $0 $0
M Douglas Campbell Jr (Vice Chairman) $0 $0 $0
Justin Biggs (Director) $0 $0 $0
George H Heins Iii (Chairman) $0 $0 $0
Carolyn Fairbank (Secretary/Treasurer) $0 $0 $0
Nancy Barger (Director) $0 $0 $0
Tyvi Small (Director) $0 $0 $0
Louise Frazier (Director) $0 $0 $0
Hugh Nystrom (Director) $0 $0 $0
Glenn Jacobs (Director) $0 $0 $0
William F Fox (Director) $0 $0 $0
Michelle Carringer (Director) $0 $0 $0
Indya Kincannon (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,711,835
Expenses
$1,019,153
Net Income
$692,682
Net Assets
$41,966,937
Notable Sources of Revenue Percent of Total Revenue
Contributions $903,290
52.8%
Program Services $296,142
17.3%
Investment Income $315,103
18.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $197,300
11.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $161,795
15.9%
Professional Fundraising Fees $0
Other Salaries and Wages $246,803
24.2%
Assets/Debt
Total Assets $44,191,557
Total Liabilities $2,224,620
Net Assets $41,966,937
Compensation
Key Employees and Officers Compensation Related Other
Todd Napier (President & Ceo) $161,795 $0 $10,080
Justin Biggs (Director) $0 $0 $0
George H Heins Iii (Vice Chairman) $0 $0 $0
M Douglas Campbell Jr (Director) $0 $0 $0
Jim Nichols (Chairman) $0 $0 $0
Tyvi T Small (Director) $0 $0 $0
Madeline Rogero (Director) $0 $0 $0
Carolyn Fairbank (Secretary/Treasurer) $0 $0 $0
Nancy Barger (Director) $0 $0 $0
Louise Frazier (Director) $0 $0 $0
Hugh Nystrom (Director) $0 $0 $0
Glenn Jacobs (Director) $0 $0 $0
William F Fox (Director) $0 $0 $0
Michelle Carringer (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,693,287
Expenses
$943,913
Net Income
$2,749,374
Net Assets
$41,274,255
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,064,924
> 100%
Program Services $194,597
5.3%
Investment Income $178,647
4.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$744,881
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $162,848
17.3%
Professional Fundraising Fees $0
Other Salaries and Wages $233,929
24.8%
Assets/Debt
Total Assets $41,859,351
Total Liabilities $585,096
Net Assets $41,274,255
Compensation
Key Employees and Officers Compensation Related Other
Todd Napier (President & Ceo) $162,848 $0 $28,281
Carson Dailey (Director) $0 $0 $0
Martha Wallen (Vice Chairman) $0 $0 $0
Mike Edwards (Director) $0 $0 $0
Jim Nichols (Chairman) $0 $0 $0
Tyvi T Small (Secretary/Treasurer) $0 $0 $0
Madeline Rogero (Director) $0 $0 $0
Carolyn Fairbank (Director) $0 $0 $0
Buddy Heins (Director) $0 $0 $0
Louise Frazier (Director) $0 $0 $0
Hugh Nystrom (Director) $0 $0 $0
Glenn Jacobs (Director) $0 $0 $0
Ron Williams (Director) $0 $0 $0
William F Fox (Director) $0 $0 $0
Michelle Carringer (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$91,988
Expenses
$1,003,396
Net Income
-$911,408
Net Assets
$38,524,881
Notable Sources of Revenue Percent of Total Revenue
Contributions $838,520
> 100%
Program Services $142,987
> 100%
Investment Income $101,311
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$990,830
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $158,848
15.8%
Professional Fundraising Fees $0
Other Salaries and Wages $233,238
23.2%
Assets/Debt
Total Assets $39,405,056
Total Liabilities $880,175
Net Assets $38,524,881
Compensation
Key Employees and Officers Compensation Related Other
Todd Napier (President &) $158,848 $0 $25,866
Roger Osborne (Director) $0 $0 $0
Martha Wallen (Vice Chairma) $0 $0 $0
Mike Edwards (Director) $0 $0 $0
Jim Nichols (Chairman) $0 $0 $0
Tyvi T Small (Secretary/Tr) $0 $0 $0
Madeline Rogero (Director) $0 $0 $0
Bob Thomas (Director) $0 $0 $0
Randy Smith (Director) $0 $0 $0
Gwendolyn Brown (Director) $0 $0 $0
Dave Wright (Director) $0 $0 $0
Tim Burchett (Director) $0 $0 $0
Ralph Mcgill (Director) $0 $0 $0
William F Fox (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,283,657
Expenses
$1,597,246
Net Income
-$313,589
Net Assets
$39,436,289
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,070,295
83.4%
Program Services $122,474
9.5%
Investment Income $90,888
7.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $249,440
15.6%
Professional Fundraising Fees $0
Other Salaries and Wages $124,709
7.8%
Assets/Debt
Total Assets $40,254,316
Total Liabilities $818,027
Net Assets $39,436,289
Compensation
Key Employees and Officers Compensation Related Other
Todd Napier (President &) $158,164 $0 $26,497
Robin Holt (Director Of) $91,276 $0 $5,477
Roger Osborne (Chairman) $0 $0 $0
Martha Wallen (Vice Chairma) $0 $0 $0
Tim Burchett (Director) $0 $0 $0
Richard Briggs (Director) $0 $0 $0
Madeline Rogero (Director) $0 $0 $0
Anthony L Spezia (Director) $0 $0 $0
R Larry Smith (Director) $0 $0 $0
Gwendolyn Brown (Director) $0 $0 $0
Brad Anders (Director) $0 $0 $0
Mike Edwards (Director) $0 $0 $0
Jim Nichols (Secretary Tr) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,024,019
Expenses
$854,802
Net Income
$6,169,217
Net Assets
$39,749,878
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,257,874
89.1%
Program Services $95,432
1.4%
Investment Income $59,357
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $611,356
8.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $274,381
32.1%
Professional Fundraising Fees $0
Other Salaries and Wages $149,249
17.5%
Assets/Debt
Total Assets $39,964,553
Total Liabilities $214,675
Net Assets $39,749,878
Compensation
Key Employees and Officers Compensation Related Other
Todd Napier (President &) $155,348 $0 $25,432
Robin Holt (Director Of) $88,303 $0 $5,298
Roger Osborne (Chairman) $0 $0 $0
Martha Wallen (Vice Chairma) $0 $0 $0
Tim Burchett (Director) $0 $0 $0
Richard Briggs (Director) $0 $0 $0
Tony Norman (Director) $0 $0 $0
Madeline Rogero (Director) $0 $0 $0
Anthony L Spezia (Director) $0 $0 $0
R Larry Smith (Director) $0 $0 $0
Gwendolyn Brown () $0 $0 $0
Mike Edwards (President/Ce) $0 $0 $0
Jim Nichols (Secretary Tr) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$792,023
Expenses
$766,645
Net Income
$25,378
Net Assets
$33,580,661
Notable Sources of Revenue Percent of Total Revenue
Contributions $710,080
89.7%
Program Services $73,705
9.3%
Investment Income $8,238
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $250,017
32.6%
Professional Fundraising Fees $0
Other Salaries and Wages $87,547
11.4%
Assets/Debt
Total Assets $33,803,100
Total Liabilities $222,439
Net Assets $33,580,661
Compensation
Key Employees and Officers Compensation Related Other
Todd Napier (President &) $139,623 $0 $24,217
Robin Holt (Director Of) $81,299 $0 $4,878
Roger Osborne (Chairman) $0 $0 $0
Martha Wallen (Vice Chairma) $0 $0 $0
Tim Burchett (Director) $0 $0 $0
Richard Briggs (Director) $0 $0 $0
Brad Anders (Director) $0 $0 $0
Madeline Rogero (Director) $0 $0 $0
Anthony L Spezia (Director) $0 $0 $0
R Larry Smith (Director) $0 $0 $0
Mike Edwards (Director) $0 $0 $0
Jim Nichols (Secretary Tr) $0 $0 $0
Gwendolyn Brown (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,292,359
Expenses
$1,920,261
Net Income
$372,098
Net Assets
$33,555,283
Notable Sources of Revenue Percent of Total Revenue
Contributions $753,725
32.9%
Program Services $1,525,643
66.6%
Investment Income $12,991
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $235,439
12.3%
Professional Fundraising Fees $0
Other Salaries and Wages $87,244
4.5%
Assets/Debt
Total Assets $33,781,758
Total Liabilities $226,475
Net Assets $33,555,283

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$821,134
Expenses
$719,395
Net Income
$101,739
Net Assets
$33,183,185
Notable Sources of Revenue Percent of Total Revenue
Contributions $679,100
82.7%
Program Services $127,210
15.5%
Investment Income $14,824
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $221,824
30.8%
Professional Fundraising Fees $0
Other Salaries and Wages $87,151
12.1%
Assets/Debt
Total Assets $33,392,517
Total Liabilities $209,332
Net Assets $33,183,185

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,297,204
Expenses
$4,040,765
Net Income
-$2,743,561
Net Assets
$33,081,446
Notable Sources of Revenue Percent of Total Revenue
Contributions $794,925
61.3%
Program Services $446,415
34.4%
Investment Income $55,944
4.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$80
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $237,282
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $120,746
3.0%
Assets/Debt
Total Assets $33,364,950
Total Liabilities $283,504
Net Assets $33,081,446

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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