DEVELOPMENT CORPORATION OF KNOX COUNTY
17 MARKET SQUARE 201, KNOXVILLE, TN 379021405 www.knoxdevelopment.org

Total Revenue
$1,402,856
Total Expenses
$1,034,917
Net Assets
$42,334,876

Organizations Filed Purposes: THE DEVELOPMENT CORPORATION WILL REPRESENT THE GREATER KNOXVILLE AREA IN MANAGING AND ALLOCATING LAND AND OTHER RESOURCES TO STRATEGICALLY PROMOTE LONG-TERM QUALITY BUSINESS DEVELOPMENT SPECIFICALLY, THE DEVELOPMENT CORPORATION WILL WORK WITH INTERESTED BUSINESSES, CREATE BUSINESS AND INDUSTRIAL LOCATION OPPORTUNITIES, ASSIST EXISTING BUSINESSES WITH LAND AND TRAINING NEEDS, FOSTER ENTREPRENEURIAL JOB CREATION, INCLUDING MANAGEMENT OF KNOX COUNTY'S BUSINESS INCUBATOR, FAIRVIEW TECHNOLOGY CENTER, AND ENSURE ALLOCATION OF RESOURCES FOR THE ENHANCEMENT OF THE LONG-TERM ECONOMIC CLIMATE FOR KNOXVILLE AND KNOX COUNTY.

TDC IS CHARGED WITH THE RESPONSIBILITY OF ENSURING THAT KNOX COUNTY HAS LAND RESOURCES AVAILABLE FOR POTENTIAL PROSPECTS. TDC CURRENTLY OWNS OR MANAGES ACREAGE AT CENTERPOINT BUSINESS PARK (APPROXIMATELY 6 ACRES), EASTBRIDGE BUSINESS PARK (APPROXIMATELY 162 DEVELOPABLE ACRES), WESTBRIDGE BUSINESS PARK (APPROXIMATELY 10 ACRES), PELLISIPPI CORPORATE CENTER (APPROXIMATELY 77 DEVELOPABLE ACRES), AND HARDIN BUSINESS PARK (APPROXIMATELY 18 DEVELOPABLE ACRES). TDC MAKES THIS LAND AVAILABLE TO NEW BUSINESSES OR FOR THE EXPANSION OF EXISTING BUSINESSES IN ACCORDANCE WITH ITS EXEMPT PURPOSE. TDC IS CONTINUALLY LOOKING FOR LAND TO PURCHASE FOR FUTURE BUSINESS PARKS. KEY COMPONENTS OF THIS SERVICE INCLUDE PROPERTY DEVELOPMENT, MANAGEMENT, AND MARKETING AND SALE OF PROPERTIES. TDC ALSO CURRENTLY OWNS THE MIDWAY PROPERTY (APPROXIMATELY 345 TOTAL ACRES)AND IS CURRENTLY WORKING ON THE DEVELOPMENT OF THIS PROPERTY INTO PHASE 1 OF MIDWAY BUSINESS PARK. TDC ADDITIONALLY OWNS APPROXIMATELY 80 ACRES NORTH OF KARNS HIGH SCHOOL AND IS CURRENTLY WORKING ON THE DEVELOPMENT OF THIS PROPERTY INTO KARNS VALLEY BUSINESS PARK. THE PROGRAMS, SERVICES AND ACTIVITIES THAT THE CORPORATION UNDERTAKES AND/OR MANAGES ARE AIMED AT FACILITATING CAPITAL INVESTMENT AND JOB CREATION IN KNOX COUNTY. IN ADDITION TO THE ACTIVITIES AND PROGRAMS THE TDC HAS UNDER ITS DIRECT PURVIEW, IT ALSO PROVIDES STAFF AND MANAGEMENT SERVICES TO SEVERAL QUASI-GOVERNMENTAL BOARDS THAT ALSO PROVIDE UNIQUE PROGRAMS AND SERVICES ON THE COUNTY AND CITY'S BEHALF TO PROMOTE JOB RETENTION AND GROWTH, INCREASING CAPITAL INVESTMENT IN KNOX COUNTY, AND UNDERTAKING SPECIAL PROJECTS FOR THE BENEFIT OF THE CITIZENS OF KNOX COUNTY.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Todd NapierPRESIDENT & CEO46$175,000
Indya KincannonDIRECTOR2$0
Michelle CarringerDIRECTOR2$0
William F FoxDIRECTOR2$0
Glenn JacobsDIRECTOR2$0
Hugh NystromDIRECTOR2$0
Louise FrazierDIRECTOR2$0
Tyvi SmallDIRECTOR2$0
Nancy BargerDIRECTOR2$0
Carolyn FairbankSECRETARY/TREASURER2$0
George H Heins IiiCHAIRMAN2$0
Justin BiggsDIRECTOR2$0
M Douglas Campbell JrVICE CHAIRMAN2$0
Jim NicholsDIRECTOR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202101379349307250_public.xml