Civic Intelligence

Fairview Housing Management Corp

EIN 54-1028264 • 501(c)3 • Johnson City, TN

Profile

The organization's mission is to provide safe, decent and quality affordable housing and services to the people of southern appalachia.

P O Box 5746Johnson City, TN 37602

www.fairviewhousing.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.45x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.51x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

70th percentile

16%

Higher net margin than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

18th percentile

$72,000

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

95th percentile

66%

Faster asset growth than 95% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

55%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$10,693,171

Up $4,245,095 (+66%) from 2023

Liabilities

Up

$4,814,273

Up $2,702,494 (+128%) from 2023

Net Assets

Up

$5,878,898

Up $1,542,601 (+36%) from 2023

Revenue

Up

$9,371,739

Up $3,308,805 (+55%) from 2023

Expenses

Up

$7,829,136

Up $2,731,996 (+54%) from 2023

Net Income

Up

$1,542,603

Up $576,809 (+60%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2012: $3,052,784Liabilities 2012: $2,804,093Net Assets 2012: $248,6912012Assets 2013: $533,855Liabilities 2013: $200,686Net Assets 2013: $333,1692013Assets 2014: $507,085Liabilities 2014: $253,980Net Assets 2014: $253,1052014Assets 2015: $208,630Liabilities 2015: $138,799Net Assets 2015: $69,8312015Assets 2016: $1,626,485Liabilities 2016: $171,332Net Assets 2016: $1,455,1532016Assets 2017: $1,758,368Liabilities 2017: $437,971Net Assets 2017: $1,320,3972017Assets 2018: $4,654,971Liabilities 2018: $820,982Net Assets 2018: $3,833,9892018Assets 2019: $5,083,733Liabilities 2019: $1,095,324Net Assets 2019: $3,988,4092019Assets 2020: $4,918,526Liabilities 2020: $1,731,591Net Assets 2020: $3,186,9352020Assets 2021: $5,280,773Liabilities 2021: $2,099,610Net Assets 2021: $3,181,1632021Assets 2022: $5,768,830Liabilities 2022: $2,398,327Net Assets 2022: $3,370,5032022Assets 2023: $6,448,076Liabilities 2023: $2,111,779Net Assets 2023: $4,336,2972023Assets 2024: $10,693,171Liabilities 2024: $4,814,273Net Assets 2024: $5,878,8982024

Highlighted filing

2024

Assets$10,693,171
Liabilities$4,814,273
Net Assets$5,878,898

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2012: $209,344Expenses 2012: $254,335Net Income 2012: -$44,9912012Revenue 2013: $316,487Expenses 2013: $232,009Net Income 2013: $84,4782013Revenue 2014: $202,305Expenses 2014: $282,369Net Income 2014: -$80,0642014Revenue 2015: $30,656Expenses 2015: $213,930Net Income 2015: -$183,2742015Revenue 2016: $1,617,935Expenses 2016: $232,613Net Income 2016: $1,385,3222016Revenue 2017: $495,944Expenses 2017: $630,700Net Income 2017: -$134,7562017Revenue 2018: $3,374,590Expenses 2018: $860,998Net Income 2018: $2,513,5922018Revenue 2019: $1,042,479Expenses 2019: $884,308Net Income 2019: $158,1712019Revenue 2020: $466,640Expenses 2020: $1,268,117Net Income 2020: -$801,4772020Revenue 2021: $2,090,712Expenses 2021: $2,096,483Net Income 2021: -$5,7712021Revenue 2022: $3,674,479Expenses 2022: $3,485,139Net Income 2022: $189,3402022Revenue 2023: $6,062,934Expenses 2023: $5,097,140Net Income 2023: $965,7942023Revenue 2024: $9,371,739Expenses 2024: $7,829,136Net Income 2024: $1,542,6032024

Highlighted filing

2024

Revenue$9,371,739
Expenses$7,829,136
Net Income$1,542,603

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 27, 2025
Return Version
2023v6.0
Gross Receipts
$9,467,353
Mission and Program Overview

Mission

The organization's mission is to provide safe, decent and quality affordable housing and services to the people of southern appalachia.

The organiztion provides emergency housing supportive services, recovery housing, transitional housing, supportive housing and substance abuse treatement services in northeast tennesse and southwest virginia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$708,309$4,457,106▲ $3,748,797
Investments Program Related$4,200,000$4,200,000→ $0
Cash and Non-Interest-Bearing Accounts$1,265,772$1,395,779▲ $130,007
Pledges and Grants Receivable$142,858$443,762▲ $300,904
Accounts Receivable$86,682$152,069▲ $65,387
Inventories for Sale or Use$30,900$30,900→ $0
Prepaid Expenses and Deferred Charges$768$768→ $0
Total Assets$6,448,076$10,693,171▲ $4,245,095
Other Assets Total$12,787$12,787→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,118,884$3,789,774▲ $2,670,890
Other Liabilities$771,032$771,032→ $0
Accounts Payable and Accrued Expenses$221,863$253,467▲ $31,604
Total Liabilities$2,111,779$4,814,273▲ $2,702,494
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,922,155$5,878,898▲ $1,956,743
Net Assets With Donor Restrictions$414,142--
Total Net Assets Fund Balance$4,336,297$5,878,898▲ $1,542,601
Total Liabilities and Net Assets / Fund Balance$6,448,076$10,693,171▲ $4,245,095

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,823,218$302,227$4,125,445
Leasehold Improvements$603,802$122,539$726,341
Equipment$30,086$198,026$228,112
Investment Program Related Org$4,200,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert J GarrettPresidentFT$72,000$72,000

Board Members and Trustees

NameTitle
Johnny HumpreysSecretary-tr
Rick BeesonVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Travis MartinContract Labor-$103,453
Revenue and Support

Revenue Composition

Contributions and Grants
$2,380,518
Program Service Revenue
$6,976,243
Investment Income
$2
Other Revenue
$14,976
All Other Contributions
$1,062,982
Change in Net Assets
$1,542,603

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,371,739
Total Revenue per Audited Statements
$9,371,739
Total Revenue per Form 990
$9,371,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,008,635
Other Expenses$3,820,501
Total Fundraising Expense$110,900
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,727,558--$3,727,558
Occupancy$1,831,397$45-$1,831,442
Fees for Services Other$590,977$3,109$110,900$704,986
Office Expenses$452,276$28,828-$481,104
Insurance$360,818$13,942-$374,760
Payroll Taxes$281,077--$281,077
Depreciation Depletion$144,270--$144,270
Information Technology$94,449$16,668-$111,117
Interest$69,173$1,412-$70,585
Travel$47,874$10,579-$58,453
Fees for Services Accounting$2,261$31,818-$34,079
Other Expenses$8,123--$8,123
Advertising-$1,582-$1,582
Total Functional Expenses$7,610,253$107,983$110,900$7,829,136

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,829,138
Expenses per Audited Statements$7,829,136
Total Expenses per Form 990$7,829,136
Expenses Not Reported on Form 990$2
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$110,590
Fundraising Direct Expenses$95,614
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Thrift Store$110,590$110,590$95,614$14,976
Total Events$110,590$110,590$95,614$14,976
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Bristol Nursing Home$771,032
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The board members review the tax return prior to signing

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

The director, third-party accounting/bookeeping company and key employees review the monthly financial statements and discuss any irregularities such as confilct of interest. Should there be a potential conflict, the director will notify the board of directors, fairview's auditor and third- party legal council specializing in not-for-profit oganizations. Results will be taken to board of directors for review and vote on needed action, if any.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Fairview Housing Management Corp
EIN
54-1028264
Phone
4236122995
Address
P O BOX 5746, JOHNSON CITY, TN 37602

Signing Officer

Name
Robert J Garrett
Title
President
Phone
4236122995
Signed
2025-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert J Garrett
Formed
1991
Legal Domicile
Tn
Voting Board Members
3
Independent Board Members
3
Employees
148
Volunteers
25

Preparer

Firm
Rodefer Moss & Co Pllc
Address
104 CONTINENTAL PL STE 150, BRENTWOOD, TN 37027
Preparer
Timothy L Van Cleve
Phone
6153703663
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book / tax depreciation difference -2

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

Book / tax depreciation difference 2

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS REVIEW THE TAX RETURN PRIOR TO SIGNING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTOR, THIRD-PARTY ACCOUNTING/BOOKEEPING COMPANY AND KEY EMPLOYEES REVIEW THE MONTHLY FINANCIAL STATEMENTS AND DISCUSS ANY IRREGULARITIES SUCH AS CONFILCT OF INTEREST. SHOULD THERE BE A POTENTIAL CONFLICT, THE DIRECTOR WILL NOTIFY THE BOARD OF DIRECTORS, FAIRVIEW'S AUDITOR AND THIRD- PARTY LEGAL COUNCIL SPECIALIZING IN NOT-FOR-PROFIT OGANIZATIONS. RESULTS WILL BE TAKEN TO BOARD OF DIRECTORS FOR REVIEW AND VOTE ON NEEDED ACTION, IF ANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK / TAX DEPRECIATION DIFFERENCE -2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT J GARRETT
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ReturnHeader/BusinessOfficerGrp/PhoneNum04236122995
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAIRVIEW HOUSING MANAGEMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0FAIR
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ReturnHeader/Filer/PhoneNum04236122995
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 5746
ReturnHeader/Filer/USAddress/CityNm0JOHNSON CITY
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