Civic Intelligence

Pickett County Development Comm

990 • Fiscal year 2022 • EIN 62-1158638

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 17, 2023

Organization ProfileN/A
1104 England DriveCookeville, TN 38501

(931) 864-8664

Siviq Scores

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

Liabilities / Assets

97th percentile

1.98x

Higher debt load relative to assets than 97% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

4.11x

Higher debt load relative to revenue than 98% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

52nd percentile

6.1%

Higher net margin than 52% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

34th percentile

-7.7%

Faster asset growth than 34% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

53rd percentile

13%

Faster revenue growth than 53% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$358,279

Down $29,839 (-7.7%) from 2021

Net Assets

Up

-$352,592

Up $10,528 (+2.9%) from 2021

Liabilities

Down

$710,871

Down $40,367 (-5.4%) from 2021

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin52nd percentile

Revenue

Up

$173,162

Up $19,839 (+13%) from 2021

Expenses

Down

$162,635

Down $28,629 (-15%) from 2021

Net Income

Up

$10,527

Up $48,468 (+128%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$1.0M$500K$0-$500K-$1.0MAssets 2010: $48,364Liabilities 2010: $588,533Net Assets 2010: -$540,1692010Assets 2011: $79,028Liabilities 2011: $572,741Net Assets 2011: -$493,7132011Assets 2012: $307,034Liabilities 2012: $556,681Net Assets 2012: -$249,6472012Assets 2013: $271,450Liabilities 2013: $558,827Net Assets 2013: -$287,3772013Assets 2014: $651,616Liabilities 2014: $960,145Net Assets 2014: -$308,5292014Assets 2015: $610,215Liabilities 2015: $930,003Net Assets 2015: -$319,7882015Assets 2016: $589,055Liabilities 2016: $922,476Net Assets 2016: -$333,4212016Assets 2017: $492,974Liabilities 2017: $844,142Net Assets 2017: -$351,1682017Assets 2018: $467,145Liabilities 2018: $771,878Net Assets 2018: -$304,7332018Assets 2019: $442,027Liabilities 2019: $762,463Net Assets 2019: -$320,4362019Assets 2020: $419,121Liabilities 2020: $744,300Net Assets 2020: -$325,1792020Assets 2021: $388,118Liabilities 2021: $751,238Net Assets 2021: -$363,1202021Assets 2022: $358,279Liabilities 2022: $710,871Net Assets 2022: -$352,5922022Assets 2023: $328,796Liabilities 2023: $697,659Net Assets 2023: -$368,8632023Assets 2024: $307,853Liabilities 2024: $687,013Net Assets 2024: -$379,1602024

Highlighted filing

2022

Assets$358,279
Liabilities$710,871
Net Assets-$352,592
Open 2022 Filing

Operations Trend

Revenue Growth53rd percentile

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

$300K$200K$100K$0-$100KRevenue 2010: $111,072Expenses 2010: $101,636Net Income 2010: $9,4362010Revenue 2011: $154,738Expenses 2011: $108,284Net Income 2011: $46,4542011Revenue 2012: $130,965Expenses 2012: $135,894Net Income 2012: -$4,9292012Revenue 2013: $114,787Expenses 2013: $152,517Net Income 2013: -$37,7302013Revenue 2014: $108,974Expenses 2014: $144,388Net Income 2014: -$35,4142014Revenue 2015: $148,514Expenses 2015: $159,773Net Income 2015: -$11,2592015Revenue 2016: $166,660Expenses 2016: $180,293Net Income 2016: -$13,6332016Revenue 2017: $155,287Expenses 2017: $173,034Net Income 2017: -$17,7472017Revenue 2018: $205,940Expenses 2018: $159,505Net Income 2018: $46,4352018Revenue 2019: $170,358Expenses 2019: $186,061Net Income 2019: -$15,7032019Revenue 2020: $155,996Expenses 2020: $160,739Net Income 2020: -$4,7432020Revenue 2021: $153,323Expenses 2021: $191,264Net Income 2021: -$37,9412021Revenue 2022: $173,162Expenses 2022: $162,635Net Income 2022: $10,5272022Revenue 2023: $185,489Expenses 2023: $201,760Net Income 2023: -$16,2712023Revenue 2024: $182,342Expenses 2024: $192,639Net Income 2024: -$10,2972024

Highlighted filing

2022

Revenue$173,162
Expenses$162,635
Net Income$10,527
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 17, 2023
Return Version
2022v5.0
Gross Receipts
$173,162
Mission and Program Overview

Mission

This project has a commitment to serve the elderly and disabled through affordable housing and make every effort to provide an environment conducive to the well being of the individual.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$304,374$272,446▼ $31,928
Cash and Non-Interest-Bearing Accounts$254$5,338▲ $5,084
Prepaid Expenses and Deferred Charges$3,714$3,532▼ $182
Accounts Receivable$1,064$2,326▲ $1,262
Total Assets$388,118$358,279▼ $29,839
Other Assets Total$78,712$74,637▼ $4,075
Liabilities
Mortgage Notes Payable Secured by Investment Property$707,815$693,733▼ $14,082
Accounts Payable and Accrued Expenses$38,143$12,043▼ $26,100
Other Liabilities$5,280$5,095▼ $185
Total Liabilities$751,238$710,871▼ $40,367
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-363,120$-352,592▲ $10,528
Total Net Assets Fund Balance$-363,120$-352,592▲ $10,528
Total Liabilities and Net Assets / Fund Balance$388,118$358,279▼ $29,839

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$257,446$792,747$1,050,193
Equipment$0$37,788$37,788
Land$15,000-$15,000
Other Assets Org$320--
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
David HarerChairman
Billy RobbinsDirector
Eric ThomasDirector
Joette VickSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$113,101
Program Service Revenue
$57,541
Investment Income
$77
Other Revenue
$2,443
Change in Net Assets
$10,527

Audited Revenue Reconciliation

Revenue per Audited Statements
$173,162
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$7,277
Total Revenue per Audited Statements
$180,439
Total Revenue per Form 990
$173,162
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$162,635
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$31,928--$31,928
Fees for Services Other$30,590--$30,590
Interest$30,184--$30,184
Occupancy$19,731--$19,731
Fees for Services Management-$11,523-$11,523
Insurance$7,849--$7,849
Fees for Services Accounting-$6,156-$6,156
Office Expenses$4,662--$4,662
Other Expenses$875--$875
Total Functional Expenses$144,956$17,679$0$162,635

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$169,912
Expenses per Audited Statements$162,635
Total Expenses per Form 990$162,635
Expenses Not Reported on Form 990$7,277
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$4,348
Prepaid Revenue$747
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management of the organization is performed by cumberland regional development corporation.”

Form 990, Part VI, Section B, Line 11B

“The organization's board members review a draft copy of the form 990 prior to filing.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Pickett Co Development Commission
EIN
62-1158638
Phone
9318648664
Address
1104 ENGLAND DRIVE, COOKEVILLE, TN 38501
Doing Business As
Hillcrest Apartments Inc

Signing Officer

Name
Dave Harer
Title
Chairperson
Phone
9318648664
Signed
2023-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dave Harer
Formed
1975
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Johnson Hickey & Murchison Pc
Address
2215 OLAN MILLS DRIVE, CHATTANOOGA, TN 37421
Preparer
Derek Young
Phone
4237560052
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other professional fees: program service expenses 30,590. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,590.”

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the organization and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would be sustained upon examination by the internal revenue service. Management has analyzed the tax positions taken by the organization, and has concluded that as of december 31, 2022, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes the organization is not subject to income tax examinations for years prior to 2018.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Administrative rent free unit 7,277.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Administrative rent free unit 7,277.”

Raw XML AppendixShowing 400 of 435 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt038143
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt012043
IRS990/AccountsReceivableGrp/BOYAmt01064
IRS990/AccountsReceivableGrp/EOYAmt02326
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THIS PROJECT HAS A COMMITMENT TO SERVE THE ELDERLY AND DISABLED THROUGH AFFORDABLE HOUSING AND MAKE EVERY EFFORT TO PROVIDE AN ENVIRONMENT CONDUCIVE TO THE WELL BEING OF THE INDIVIDUAL.
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HILLCREST APARTMENTS
IRS990/BooksInCareOfDetail/PhoneNum09318648664
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0115 HILLCREST DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BYRDSTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038549
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0254
IRS990/CashNonInterestBearingGrp/EOYAmt05338
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0113101
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt077
IRS990/CYOtherExpensesAmt0162635
IRS990/CYOtherRevenueAmt02443
IRS990/CYProgramServiceRevenueAmt057541
IRS990/CYRevenuesLessExpensesAmt010527
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0162635
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0173162
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt031928
IRS990/DepreciationDepletionGrp/TotalAmt031928
IRS990/Desc0THE ORGANIZATION IS A 24-UNIT APARTMENT COMPLEX ORGANIZED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY HUD. TENANT RENTAL ASSISTANCE IS PROVIDED BY HUD.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0HILLCREST APARTMENTS INC
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0144956
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06156
IRS990/FeesForServicesAccountingGrp/TotalAmt06156
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt011523
IRS990/FeesForServicesManagementGrp/TotalAmt011523
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt030590
IRS990/FeesForServicesOtherGrp/TotalAmt030590
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID HARER
IRS990/Form990PartVIISectionAGrp/PersonNm1JOETTE VICK
IRS990/Form990PartVIISectionAGrp/PersonNm2BILLY ROBBINS
IRS990/Form990PartVIISectionAGrp/PersonNm3ERIC THOMAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01975
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt0113101
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0173162
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt07849
IRS990/InsuranceGrp/TotalAmt07849
IRS990/InterestGrp/ProgramServicesAmt030184
IRS990/InterestGrp/TotalAmt030184
IRS990/InvestmentIncomeGrp/ExclusionAmt077
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt077
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0830535
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0304374
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0272446
IRS990/LandBldgEquipCostOrOtherBssAmt01102981
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THIS PROJECT HAS A COMMITMENT TO SERVE THE ELDERLY AND DISABLED THROUGH AFFORDABLE HOUSING AND MAKE EVERY EFFORT TO PROVIDE AN ENVIRONMENT CONDUCIVE TO THE WELL BEING OF THE INDIVIDUAL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0707815
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0693733
IRS990/NetAssetsOrFundBalancesBOYAmt0-363120
IRS990/NetAssetsOrFundBalancesEOYAmt0-352592
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-363120
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-352592
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt019731
IRS990/OccupancyGrp/TotalAmt019731
IRS990/OfficeExpensesGrp/ProgramServicesAmt04662
IRS990/OfficeExpensesGrp/TotalAmt04662
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt078712
IRS990/OtherAssetsTotalGrp/EOYAmt074637
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONTRACTS
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2MORTGAGE INSURANCE PREM
IRS990/OtherExpensesGrp/Desc3CONVENTIONS AND MEETING
IRS990/OtherExpensesGrp/ProgramServicesAmt011376
IRS990/OtherExpensesGrp/ProgramServicesAmt14393
IRS990/OtherExpensesGrp/ProgramServicesAmt23368
IRS990/OtherExpensesGrp/ProgramServicesAmt3875
IRS990/OtherExpensesGrp/TotalAmt011376
IRS990/OtherExpensesGrp/TotalAmt14393
IRS990/OtherExpensesGrp/TotalAmt23368
IRS990/OtherExpensesGrp/TotalAmt3875
IRS990/OtherLiabilitiesGrp/BOYAmt05280
IRS990/OtherLiabilitiesGrp/EOYAmt05095
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02443
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02443
IRS990/OtherRevenueTotalAmt02443
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03714
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03532
IRS990/PrincipalOfficerNm0DAVE HARER
IRS990/PriorPeriodAdjustmentsAmt01
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt057541
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt057541
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt085020
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt068
IRS990/PYOtherExpensesAmt0191264
IRS990/PYOtherRevenueAmt015868
IRS990/PYProgramServiceRevenueAmt052367
IRS990/PYRevenuesLessExpensesAmt0-37941
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0191264
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0153323
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt010527
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt059984
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0113101
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt098061
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0100281
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0107689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt089998
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0509130
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt077
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt068
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt065
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt059
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt049
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0318
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0262382
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02443
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02827
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0878
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt010525
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt070276
IRS990ScheduleA/OtherIncome170Grp/TotalAmt086949
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85370
IRS990ScheduleA/PublicSupportPY170Pct00.84830
IRS990ScheduleA/PublicSupportTotal170Amt0509130
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0113101
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt098061
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0100281
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0107689
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt089998
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0509130
IRS990ScheduleA/TotalSupportAmt0596397
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0257446
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0792747
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01050193
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037788
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037788
IRS990ScheduleD/ExpensesNotReportedAmt07277
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0162635
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt015000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt015000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt062151
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14794
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt27372
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3320
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INSURANCE ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3UTILITY DEPOSITS
IRS990ScheduleD/OtherExpensesIncludedAmt07277
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04348
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1747
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID REVENUE
IRS990ScheduleD/OtherRevenueAmt07277
IRS990ScheduleD/RevenueNotReportedAmt07277
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0173162
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE ORGANIZATION IS NOT SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2018.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ADMINISTRATIVE RENT FREE UNIT 7,277.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2ADMINISTRATIVE RENT FREE UNIT 7,277.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0272446
IRS990ScheduleD/TotalBookValueOtherAssetsAmt074637
IRS990ScheduleD/TotalExpensesPerForm990Amt0162635
IRS990ScheduleD/TotalLiabilityAmt05095
IRS990ScheduleD/TotalRevenuePerForm990Amt0173162
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0180439
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0169912
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE ORGANIZATION IS PERFORMED BY CUMBERLAND REGIONAL DEVELOPMENT CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S BOARD MEMBERS REVIEW A DRAFT COPY OF THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 30,590. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,590.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CUMBERLAND REGIONAL DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0621651393
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MANAGEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01104 ENGLAND DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0COOKEVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd038501
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0388118
IRS990/TotalAssetsEOYAmt0358279
IRS990/TotalAssetsGrp/BOYAmt0388118
IRS990/TotalAssetsGrp/EOYAmt0358279
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0113101
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017679
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0144956
IRS990/TotalFunctionalExpensesGrp/TotalAmt0162635
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0751238
IRS990/TotalLiabilitiesEOYAmt0710871
IRS990/TotalLiabilitiesGrp/BOYAmt0751238
IRS990/TotalLiabilitiesGrp/EOYAmt0710871
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-363120
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-352592
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0144956
IRS990/TotalProgramServiceRevenueAmt057541
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt077
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt059984
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0173162
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0388118
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0358279
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01104 ENGLAND DRIVE
IRS990/USAddress/CityNm0COOKEVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038501
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$358,279
Liabilities
$710,871
Net assets
-$352,592
Revenue
$173,162
Expenses
$162,635
Net income
$10,527
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.08$6.87$3.79$1.82$1.93$0.10
2023Detailed filing. Detailed filing data is available for this year.$3.29$6.98$3.69$1.85$2.02$0.16
2022Detailed filing. Detailed filing data is available for this year.$3.58$7.11$3.53$1.73$1.63$0.11
2021Detailed filing. Detailed filing data is available for this year.$3.88$7.51$3.63$1.53$1.91$0.38
2020Detailed filing. Detailed filing data is available for this year.$4.19$7.44$3.25$1.56$1.61$0.05
2019Detailed filing. Detailed filing data is available for this year.$4.42$7.62$3.20$1.70$1.86$0.16
2018Detailed filing. Detailed filing data is available for this year.$4.67$7.72$3.05$2.06$1.60$0.46
2017Detailed filing. Detailed filing data is available for this year.$4.93$8.44$3.51$1.55$1.73$0.18
2016Detailed filing. Detailed filing data is available for this year.$5.89$9.22$3.33$1.67$1.80$0.14
2015Detailed filing. Detailed filing data is available for this year.$6.10$9.30$3.20$1.49$1.60$0.11
2014Detailed filing. Detailed filing data is available for this year.$6.52$9.60$3.09$1.09$1.44$0.35
2013Detailed filing. Detailed filing data is available for this year.$2.71$5.59$2.87$1.15$1.53$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$5.57$2.50$1.31$1.36$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$5.73$4.94$1.55$1.08$0.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$5.89$5.40$1.11$1.02$0.09