Public Charity

Southeast Industrial Development Association

Southeast Industrial Development Association is a Public Charity headquartered in Chattanooga, TN. Financial data from the 2025 filing: $538K revenue, $460K expenses, $1.7M total assets. 2 publicly reported grants to this organization, totaling roughly $37K, appear in IRS filings.

EIN: 621410505 Chattanooga, TN Latest filing: 2025
Total Revenue$538K
Total Expenses$460K
Total Assets$1.7M
Grant Records2
Funding Total$37K
Filing Years2021–2025

Mission

CREATE JOBS THROUGH THE ATTRACTION OF NEW BUSINESS AND INDUSTRY AND THROUGH THE EXPANSION OF EXISTING INDUSTRY IN THE POWER-SERVED AREA OF THE TENNESSEE VALLEY AUTHORITY, ENCOMPASSING 22 COUNTIES OF THREE STATES IN THE CHATTENOOGA AREA OF GEORGIA, NORTH CAROLINA, AND TENNESSEE.

Officers & Directors

DIRECTOR Allan Glidewell
EXECUTIVE DIRECTOR Chuck Hammonds
DIRECTOR David Wade
DIRECTOR Dion Cooper
DIRECTOR Eric Newberry
DIRECTOR Harold Masengil

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY IMPROVEMENT
$31,000 1 grant
GENERAL SUPPORT
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $538K $460K $1.7M
2024 $588K $460K $1.6M
2023 $527K $386K $1.5M
2022 $485K $438K $1.3M
2021 $458K $484K $1.3M

Between 2021 and 2025, reported annual revenue grew from $458K to $538K (+17%), with total assets most recently reported at $1.7M.

Interactive year-over-year charts and full filing details available with membership.

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