Civic Intelligence

Southwest Tennessee Community Development Corporation

990 • Fiscal year 2018 • EIN 51-0549810

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 26, 2019

1527A White AveHenderson, TN 38340-7625

(731) 989-5111

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

41st percentile

0.05x

Higher debt load relative to assets than 41% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

69th percentile

0.27x

Higher debt load relative to revenue than 69% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

69th percentile

12%

Higher net margin than 69% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

42nd percentile

-0.9%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

16th percentile

-16%

Faster revenue growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$2,753,696

Down $26,134 (-0.9%) from 2017

Net Assets

Up

$2,627,498

Up $55,154 (+2.1%) from 2017

Liabilities

Down

$126,198

Down $81,288 (-39%) from 2017

Revenue

Down

$464,562

Down $90,554 (-16%) from 2017

Expenses

Up

$409,409

Up $65,521 (+19%) from 2017

Net Income

Down

$55,153

Down $156,075 (-74%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $1,417,127Liabilities 2012: $77,587Net Assets 2012: $1,339,5402012Assets 2013: $1,264,200Liabilities 2013: $65,168Net Assets 2013: $1,199,0322013Assets 2014: $1,547,082Liabilities 2014: $146,789Net Assets 2014: $1,400,2932014Assets 2015: $2,476,621Liabilities 2015: $293,607Net Assets 2015: $2,183,0142015Assets 2016: $2,578,348Liabilities 2016: $217,232Net Assets 2016: $2,361,1162016Assets 2017: $2,779,830Liabilities 2017: $207,486Net Assets 2017: $2,572,3442017Assets 2018: $2,753,696Liabilities 2018: $126,198Net Assets 2018: $2,627,4982018Assets 2019: $2,343,218Liabilities 2019: $95,699Net Assets 2019: $2,247,5192019Assets 2020: $2,886,752Liabilities 2020: $206,134Net Assets 2020: $2,680,6182020Assets 2021: $2,946,282Liabilities 2021: $303,238Net Assets 2021: $2,643,0442021Assets 2022: $2,820,892Liabilities 2022: $255,324Net Assets 2022: $2,565,5682022Assets 2023: $2,336,217Liabilities 2023: $23,921Net Assets 2023: $2,312,2962023Assets 2024: $2,848,671Liabilities 2024: $334,729Net Assets 2024: $2,513,9422024Assets 2025: $3,002,591Liabilities 2025: $58,001Net Assets 2025: $2,944,5902025

Highlighted filing

2018

Assets$2,753,696
Liabilities$126,198
Net Assets$2,627,498

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2012: $109,0402012Revenue 2013: $108,088Expenses 2013: $248,596Net Income 2013: -$140,5082013Revenue 2014: $471,127Expenses 2014: $269,864Net Income 2014: $201,2632014Revenue 2015: $1,176,619Expenses 2015: $393,898Net Income 2015: $782,7212015Revenue 2016: $609,358Expenses 2016: $404,575Net Income 2016: $204,7832016Revenue 2017: $555,116Expenses 2017: $343,888Net Income 2017: $211,2282017Revenue 2018: $464,562Expenses 2018: $409,409Net Income 2018: $55,1532018Revenue 2019: $31,719Expenses 2019: $411,698Net Income 2019: -$379,9792019Revenue 2020: $849,759Expenses 2020: $416,660Net Income 2020: $433,0992020Revenue 2021: $410,415Expenses 2021: $447,989Net Income 2021: -$37,5742021Revenue 2022: $395,289Expenses 2022: $472,765Net Income 2022: -$77,4762022Revenue 2023: $328,596Expenses 2023: $327,722Net Income 2023: $8742023Revenue 2024: $588,419Expenses 2024: $386,773Net Income 2024: $201,6462024Revenue 2025: $856,228Expenses 2025: $425,580Net Income 2025: $430,6482025

Highlighted filing

2018

Revenue$464,562
Expenses$409,409
Net Income$55,153
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 26, 2019
Return Version
2017v2.3
Gross Receipts
$551,054
Mission and Program Overview

Mission

To provide decent affordable housing and community development for the low and moderate income citizens of eight counties in west tennessee.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,352,251$2,348,338▼ $3,913
Inventories for Sale or Use$299,270$276,506▼ $22,764
Pledges and Grants Receivable$77,106$58,404▼ $18,702
Cash and Non-Interest-Bearing Accounts$51,203$53,674▲ $2,471
Accounts Receivable-$16,774-
Total Assets$2,779,830$2,753,696▼ $26,134
Liabilities
Accounts Payable and Accrued Expenses$207,485$126,198▼ $81,287
Total Liabilities$207,485$126,198▼ $81,287
Net Assets / Fund Balance
Unrestricted Net Assets$2,498,100$2,553,253▲ $55,153
Temporarily Rstr Net Assets$74,245$74,245→ $0
Total Net Assets Fund Balance$2,572,345$2,627,498▲ $55,153
Total Liabilities and Net Assets / Fund Balance$2,779,830$2,753,696▼ $26,134

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,342,838$432,590$2,775,428
Other Land Buildings$2,185,407$430,420$2,615,827
Land$5,500-$5,500

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$74,245$393,118-$393,118$74,245
2014$74,245$1,050,369-$1,050,369$74,245
2013$16,332$1,999,656-$138,043$74,245
Compensation and Service Providers

Board Members and Trustees

NameTitle
Allen CherryBoard Member
Callessia SmithBoard Member
Camillia LittlefieldBoard Member
Cherrie PipkinBoard Member
Collis SpencerBoard Member
Franklin SmithBoard Member
Margaret MilamBoard Member
Melba JohnsonBoard Member
Mickey LarkinsBoard Member
Neal SmithBoard Member
Portia BurtonBoard Member
Robert GreenBoard Member
Tammy BuchananBoard Member
Tony WhiteBoard Member
Zain HakinBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$64,765
Program Service Revenue
$447,893
Investment Income
$-48,186
Other Revenue
$90
Change in Net Assets
$55,153

Audited Revenue Reconciliation

Revenue per Audited Statements
$464,562
Total Revenue per Audited Statements
$464,562
Total Revenue per Form 990
$464,562
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$285,021
Salaries, Compensation, and Employee Benefits$124,388
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$108,861--$108,861
Depreciation Depletion$108,615--$108,615
Occupancy$91,895--$91,895
Insurance$27,184--$27,184
Payroll Taxes$15,527--$15,527
Fees for Services Accounting-$9,060-$9,060
Fees for Services Legal$5,943--$5,943
Other Expenses$3,688$17,327-$3,688
Office Expenses$3,679--$3,679
All Other Expenses$3,536--$3,536
Travel$1,699--$1,699
Conferences and Meetings$350--$350
Total Functional Expenses$383,022$26,387$0$409,409

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$409,409
Total Expenses per Audited Statements$409,409
Total Expenses per Form 990$409,409
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board of directors reviews the 990 in their meeting prior to the filing of the 990.

Form 990, Page 6, Part VI, Line 12C

In the event of a conflict of interest, that board member is not allowed to vote on the issue.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request or when a matter is required to be published.

Filing and Contact Details

Filer

Filer Name
Southwest Tennessee Community
EIN
51-0549810
Phone
7319895111
Address
1527A WHITE AVE, HENDERSON, TN 38340-7625

Signing Officer

Name
Patti Pickler
Title
Executive Director
Phone
7319895111
Signed
2019-03-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patti Pickler
Formed
2005
Legal Domicile
Tn
Voting Board Members
15
Independent Board Members
15
Employees
0

Preparer

Firm
Alexander Thompson Arnold Pllc
Address
227 OIL WELL RD, JACKSON, TN 38305
Preparer
Michael M Hewitt
Phone
7314278571
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IRS990/PYContributionsGrantsAmt0355745
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IRS990/PYOtherExpensesAmt0212881
IRS990/PYOtherRevenueAmt07447
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IRS990/PYTotalRevenueAmt0555116
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IRS990/RelatedEntityInd0false
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0464472
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0410210
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01061545
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0395239
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02287504
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0199371
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0125769
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt076587
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01020538
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0555116
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01187314
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0471826
IRS990ScheduleA/Total509Grp/TotalAmt03308042
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0512748
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01187314
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03308042
IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/BuildingsGrp/BookValueAmt02342838
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0432590
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02775428
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt074245
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0393118
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt074245
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01999656
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IRS990ScheduleD/ExpensesSubtotalAmt0409409
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt05500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02185407
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0430420
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02615827
IRS990ScheduleD/RevenueSubtotalAmt0464562
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04533745
IRS990ScheduleD/TotalExpensesPerForm990Amt0409409
IRS990ScheduleD/TotalRevenuePerForm990Amt0464562
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0464562
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS THE 990 IN THEIR MEETING PRIOR TO THE FILING OF THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN THE EVENT OF A CONFLICT OF INTEREST, THAT BOARD MEMBER IS NOT ALLOWED TO VOTE ON THE ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST OR WHEN A MATTER IS REQUIRED TO BE PUBLISHED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TotalContributionsAmt064765
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0383022
IRS990/TotalFunctionalExpensesGrp/TotalAmt0409409
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0207485
IRS990/TotalLiabilitiesEOYAmt0126198
IRS990/TotalLiabilitiesGrp/BOYAmt0207485
IRS990/TotalLiabilitiesGrp/EOYAmt0126198
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02572345
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02627498
IRS990/TotalProgramServiceExpensesAmt0383022
IRS990/TotalProgramServiceRevenueAmt0447893
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0399797
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0464562
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02779830
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02753696
IRS990/TravelGrp/ProgramServicesAmt01699
IRS990/TravelGrp/TotalAmt01699
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02498100
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02553253
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01827A WHITE AVENUE
IRS990/USAddress/CityNm0HENDERSON
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038340
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0HTTP://WWW.SWHRA.ORG/SERVICES/SWTN-CO
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PATTI PICKLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07319895111
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHWEST TENNESSEE COMMUNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SOUT

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.00$0.06$2.94$0.86$0.43$0.43
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$0.33$2.51$0.59$0.39$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.34$0.02$2.31$0.33$0.33$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$0.26$2.57$0.40$0.47$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$0.30$2.64$0.41$0.45$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.89$0.21$2.68$0.85$0.42$0.43
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.34$0.10$2.25$0.03$0.41$0.38
2018Detailed filing. Detailed filing data is available for this year.$2.75$0.13$2.63$0.46$0.41$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$0.21$2.57$0.56$0.34$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.22$2.36$0.61$0.40$0.20
2015Summary only. Only limited summary data is available for this year.$2.48$0.29$2.18$1.18$0.39$0.78
2014Summary only. Only limited summary data is available for this year.$1.55$0.15$1.40$0.47$0.27$0.20
2013Summary only. Only limited summary data is available for this year.$1.26$0.07$1.20$0.11$0.25$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.08$1.34$0.11
Peer Organizations

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