Northwest Tennessee Economic Development Council

Community Development · Dresden, Tennessee

231 S Wilson St, Dresden, TN 38225-1329

EIN: 620729622· Founded: Apr 1968· 58 years active· Filing Year: 2023

Annual Revenue

$22.6M

Total Expenses

$21.9M

Total Assets

$4.5M

Program Spending

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$7.5M

Total Payroll

$7.5M

34% of total expenses

Where the Money Goes

Programs: 0%

Payroll: 34%

Other overhead: 100%

Program Revenue$47K (0%)

Total Expenses$21.9M (97%)

Payroll$7.5M (34%)

Overhead (non-program)100%

Trust Score Breakdown

Program Spending Ratio

0% of expenses go to programs

40%

Revenue & Stability

$22.6M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$4.5M in assets

10%

Similar Community Development Nonprofits in Tennessee

Carter Street Corporation

Chattanooga · $12.2M

Woodbine Community Organization Wco Inc

Nashville · $25.3M

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.