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EIN 62-1652594

Community Reuse Organization of East Tennessee (CROET)

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Oak Ridge
State
Tennessee
Year formed
1995
Most recent tax filings
2023-09-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
The Community Reuse Organization of East Tennessee is an economic development Organization whose purpose is to assist the private sector in creating quality jobs in the region by using the underutilized land, facilities, equipment, personnel, and technology available at the department of energy's oak ridge complex. Reindustrialization of government facility.
Total revenues
$519,165
2023
Total expenses
$610,702
2023
Total assets
$7,910,282
2023
Num. employees
3
2023

Program areas at CROET

Organization has entered into subleases with private industry to Reuse the department of energy's k-25 plant in oak ridge, tn. It worked with local agencies to improve infrastructure and assist in job development for workers displaced by government cutbacks in the oak ridge, tn region. Direct expenses are shown as rental expense
Other programs include an energy parks iniative through the us department of energy, and growing switchgrass for an alternative fuel program through the university of Tennessee

Personnel at CROET

NameTitleCompensation
Teresa FradyPresident and Chief Executive Officer$125,000
Lawrence YoungFormer President$168,000
Tammy SullivanFormer Chief Financial Officer$122,500

Financials for CROET

RevenuesFYE 09/2023
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$68,524
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$8,062
Net gain from sale of non-inventory assets$392,355
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$50,224
Total revenues$519,165

Form 990s for CROET

Fiscal year endingDate received by IRSFormPDF link
2023-092024-05-20990View PDF
2022-092023-02-06990View PDF
2021-092022-03-23990View PDF
2020-092021-04-12990View PDF
2019-092020-11-13990View PDF
...and 10 more Form 990s
Data update history
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 16, 2023
Updated personnel
Identified 4 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 24, 2021
Posted financials
Added Form 990 for fiscal year 2020
June 21, 2021
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
LobbyingPartially liquidatedState / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
110 Novitas Pl
Oak Ridge, TN 37830
Metro area
Knoxville, TN
County
Anderson County, TN
Website URL
heritagectr.com/ 
Phone
(865) 482-9890
IRS details
EIN
62-1652594
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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