Kingsport Chamber Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Foundation was established for community service and promotion. It provides facilities for Kingsport Chamber of Commerce activities provides training to future community leaders helps unite local government, business and citizens in the beautification of Kingsport along with various other activities which enhance the Kingsport area.
- Income
- $4.6 million
- Spending
- $4.6 million
- Spent on programs
- 98%
- Reserves
- 2.9 months of spending
- Largest source of income
- government grants, 40%
- Employees
- 31
- Highest pay
- $304,391, ceo/secretary
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 68 out of 100. Higher than 43% of charities in its peer group (community improvement, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.9 months of spending.
Debt
16 of 20It owes 23% of what it owns.
Living within its means
12 of 15Income exceeded spending by 1% of income.
Income trend
15 of 15Income rose 23% on the year before.
Spending floor
15 of 1598% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 25% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 2537 of 37 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (11)
- $242,088 spent. Downtown Concert Series - provides quality of life services and promotes economic development in the downtown area through the Downtown Concert Series
- $252,068 spent. KOSBE - actively assists in the establishment of new small business and growth and development of existing small businesses
- $47,994 spent. Move to Kingsport - assists in residential recruitment
- Program Service Expenses 980,958, Grants and allocations 0, Revenue 0 General - Community service and promotion
- Program Service Expenses 94,764, Grants and allocations 0, Revenue 0 Keep Kingsport Beautiful - to promote community pride by establishing and maintaining programs to keep Kingsport clean and beautiful
- Program Service Expenses 118,057, Grants and allocations 0, Revenue 0 Leadership Kingsport - to provide training to future community leaders
- Program Service Expenses 92,733, Grants and allocations 0, Revenue 0 Education - oversees TN/VA Scholars program and serves as a bridge linking the business and educational communities served as coordinator of the Advanced Manufacturing Partnership
- Program Service Expenses 100,108, Grants and allocations 0, Revenue 0 Fun Fest - to promote community spirit during a nine day period each summer when various events take place
- Program Service Expenses 111,525, Grants and allocations 0, Revenue 0 Healthy Kingsport - committed to helping people who live in Sullivan County make positive changes when it comes to their health. Its primary focus is to make this area a healthier place to live, work and play through increased physical activity, healthier eating and a reduction in tobacco use.
- Program Service Expenses 68,320, Grants and allocations 0, Revenue 0 AccelNow - a community of volunteers organized to provide mentoring, training, networking and support to entrepreneurs in the eight counties of East Tennessee.
- Program Service Expenses 2,384,630, Grants and allocations 0, Revenue 0 Visit Kingsport - plans and conducts programs of information and publicity to attract visitors to the region KCVB promotes Kingsport through various advertising and hosting motorcoach tours and sporting tournaments.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1982.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.