Civic Intelligence

Cumberland Regional Development Corporation

990 • Fiscal year 2014 • EIN 62-1651393

Jul 01, 2013 to Jun 30, 2014 • Filed on May 13, 2015

Organization ProfileWWW.UCDD.ORG
1225 S Willow Avenue38506

(931) 432-4111

Siviq Scores

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

Liabilities / Assets

70th percentile

0.34x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

88th percentile

1.70x

Higher debt load relative to revenue than 88% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

4th percentile

-63%

Higher net margin than 4% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

51st percentile

$63,577

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

10th percentile

-13%

Faster asset growth than 10% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

74th percentile

19%

Faster revenue growth than 74% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$4,175,304

Down $604,357 (-13%) from 2013

Net Assets

Down

$2,770,331

Down $517,780 (-16%) from 2013

Liabilities

Down

$1,404,973

Down $86,577 (-5.8%) from 2013

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin4th percentile

Revenue

Up

$828,239

Up $131,312 (+19%) from 2013

Expenses

Up

$1,346,019

Up $525,545 (+64%) from 2013

Net Income

Down

-$517,780

Down $394,233 (-319%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$10M$5.0M$0Assets 2012: $4,730,754Liabilities 2012: $1,339,219Net Assets 2012: $3,391,5352012Assets 2013: $4,779,661Liabilities 2013: $1,491,550Net Assets 2013: $3,288,1112013Assets 2014: $4,175,304Liabilities 2014: $1,404,973Net Assets 2014: $2,770,3312014Assets 2015: $5,055,339Liabilities 2015: $1,345,192Net Assets 2015: $3,710,1472015Assets 2016: $5,738,262Liabilities 2016: $1,290,593Net Assets 2016: $4,447,6692016Assets 2017: $5,535,625Liabilities 2017: $1,257,611Net Assets 2017: $4,278,0142017Assets 2018: $5,389,098Liabilities 2018: $1,250,810Net Assets 2018: $4,138,2882018Assets 2019: $7,172,649Liabilities 2019: $3,052,876Net Assets 2019: $4,119,7732019Assets 2020: $8,708,439Liabilities 2020: $4,599,121Net Assets 2020: $4,109,3182020Assets 2021: $8,640,832Liabilities 2021: $4,539,335Net Assets 2021: $4,101,4972021Assets 2022: $8,472,846Liabilities 2022: $4,409,781Net Assets 2022: $4,063,0652022Assets 2023: $8,287,444Liabilities 2023: $4,485,180Net Assets 2023: $3,802,2642023Assets 2024: $8,416,733Liabilities 2024: $4,592,360Net Assets 2024: $3,824,3732024Assets 2025: $8,057,982Liabilities 2025: $4,432,345Net Assets 2025: $3,625,6372025

Highlighted filing

2014

Assets$4,175,304
Liabilities$1,404,973
Net Assets$2,770,331
Open 2014 Filing

Operations Trend

Revenue Growth74th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2012: $1,401,079Expenses 2012: $1,072,099Net Income 2012: $328,9802012Revenue 2013: $696,927Expenses 2013: $820,474Net Income 2013: -$123,5472013Revenue 2014: $828,239Expenses 2014: $1,346,019Net Income 2014: -$517,7802014Revenue 2015: $1,796,402Expenses 2015: $856,312Net Income 2015: $940,0902015Revenue 2016: $1,725,033Expenses 2016: $987,511Net Income 2016: $737,5222016Revenue 2017: $937,322Expenses 2017: $1,106,977Net Income 2017: -$169,6552017Revenue 2018: $1,071,549Expenses 2018: $1,117,868Net Income 2018: -$46,3192018Revenue 2019: $1,606,433Expenses 2019: $1,624,948Net Income 2019: -$18,5152019Revenue 2020: $1,414,065Expenses 2020: $1,424,520Net Income 2020: -$10,4552020Revenue 2021: $1,264,273Expenses 2021: $1,272,094Net Income 2021: -$7,8212021Revenue 2022: $1,264,639Expenses 2022: $1,303,071Net Income 2022: -$38,4322022Revenue 2023: $1,177,501Expenses 2023: $1,438,302Net Income 2023: -$260,8012023Revenue 2024: $1,714,324Expenses 2024: $1,692,215Net Income 2024: $22,1092024Revenue 2025: $1,346,558Expenses 2025: $1,545,294Net Income 2025: -$198,7362025

Highlighted filing

2014

Revenue$828,239
Expenses$1,346,019
Net Income-$517,780
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 13, 2015
Return Version
2013v4.0
Gross Receipts
$828,239
Mission and Program Overview

Mission

The entity was organized to construct and operate low income housing for the disabled and elderly in the upper cumberland district and to provide housing assistance to low income and homeless persons in the upper cumberland district

The entity was organized to construct and operate low income housing for the disabled and elderly in the upper cumberland district

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,537,722$3,446,351▼ $91,371
Other Notes and Loans Receivable, Net$521,641$0▼ $521,641
Accounts Receivable$431,463$475,008▲ $43,545
Cash and Non-Interest-Bearing Accounts$281,613$240,217▼ $41,396
Prepaid Expenses and Deferred Charges$7,222$8,393▲ $1,171
Total Assets$4,779,661$4,175,304▼ $604,357
Other Assets Total$0$5,335▲ $5,335
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,031,281$1,005,882▼ $25,399
Accounts Payable and Accrued Expenses$424,381$384,081▼ $40,300
Deferred Revenue$22,023$0▼ $22,023
Other Liabilities$13,865$15,010▲ $1,145
Total Liabilities$1,491,550$1,404,973▼ $86,577
Net Assets / Fund Balance
Unrestricted Net Assets$3,288,111$2,770,331▼ $517,780
Total Net Assets Fund Balance$3,288,111$2,770,331▼ $517,780
Total Liabilities and Net Assets / Fund Balance$4,779,661$4,175,304▼ $604,357

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,209,264$460,626$3,669,890
Land$216,526-$216,526
Equipment$20,561$9,384$29,945
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleOtherTotal
Sherry ThurmanSecretary$63,577$63,577

Board Members and Trustees

NameTitle
Marvin LuskChairman
Anita BowmanVice-chairman
Barbara WitzigmanBoard Member
David VidrineBoard Member
John HayesBoard Member
Mack JudkinsBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$154,698
Program Service Revenue
$655,440
Investment Income
$101
Other Revenue
$18,000
All Other Contributions
$10,000
Change in Net Assets
$-517,780

Audited Revenue Reconciliation

Revenue per Audited Statements
$828,239
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-25,870
Total Revenue per Audited Statements
$802,369
Total Revenue per Form 990
$828,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,295,476
Grants and Similar Amounts Paid$50,543
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$356,988--$356,988
Depreciation Depletion$91,371--$91,371
Grants to Domestic Individuals$50,543--$50,543
Office Expenses-$41,707-$41,707
Other Expenses$27,990--$27,990
Occupancy$22,514--$22,514
Insurance$20,209--$20,209
Travel$18,716--$18,716
Fees for Services Legal-$13,916-$13,916
Interest$12,310--$12,310
Fees for Services Accounting-$8,444-$8,444
All Other Expenses$4,322--$4,322
Fees for Services Management-$1,560-$1,560
Advertising$421--$421
Total Functional Expenses$1,280,392$65,627$0$1,346,019

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,346,019
Total Expenses per Audited Statements$951,372
Expenses per Audited Statements$824,378
Expenses Not Reported on Financial Statements$521,641
Other Expense Adjustments$521,641
Expenses Not Reported on Form 990$126,994
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
Security Deposits Held$15,010
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The board of directors reviews a draft copy of form 990 prior to filing.”

Form 990, Part VI, Section C, Line 19

“Documents available upon request.”

Filing and Contact Details

Filer

EIN
62-1651393
Phone
9314324111

Signing Officer

Name
Marvin Lusk
Title
President
Phone
9314764100
Signed
2015-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marvin Lusk
Formed
1996
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Preparer
Stephen L Keown
Phone
4237560052
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization has adopted professional guidance relating to uncertain tax positions. Under this guidance, an organization must recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination with taxing authorities. The organization does not believe there are any material uncertain tax positions and, accordingly, it will not recognize any liability for unrecognized tax benefits. For the year ended june 30, 2014, there were no interest or penalties recorded or included in its financial statements. The organization's information returns for tax years 2010 and beyond remain subject to examination.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Affiliate income - twin magnolias -25,870.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Affiliate expenses - twin magnolias 126,994.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Bad debt expense 521,641.”

Raw XML AppendixShowing 400 of 468 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/BOYAmt0424381
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0384081
IRS990/AccountsReceivableGrp/BOYAmt0431463
IRS990/AccountsReceivableGrp/EOYAmt0475008
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ENTITY WAS ORGANIZED TO CONSTRUCT AND OPERATE LOW INCOME HOUSING FOR THE DISABLED AND ELDERLY IN THE UPPER CUMBERLAND DISTRICT
IRS990/AdvertisingGrp/ProgramServicesAmt0421
IRS990/AdvertisingGrp/TotalAmt0421
IRS990/AllOtherContributionsAmt010000
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04322
IRS990/AllOtherExpensesGrp/TotalAmt04322
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10GINGER STOUT
IRS990/BooksInCareOfDetail/PhoneNum09314324111
IRS990/BooksInCareOfDetail/USAddress/AddressLine101225 S WILLOW AVENUE
IRS990/BooksInCareOfDetail/USAddress/City0COOKEVILLE
IRS990/BooksInCareOfDetail/USAddress/State0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCode038506
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0281613
IRS990/CashNonInterestBearingGrp/EOYAmt0240217
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0154698
IRS990/CYGrantsAndSimilarPaidAmt050543
IRS990/CYInvestmentIncomeAmt0101
IRS990/CYOtherExpensesAmt01295476
IRS990/CYOtherRevenueAmt018000
IRS990/CYProgramServiceRevenueAmt0655440
IRS990/CYRevenuesLessExpensesAmt0-517780
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01346019
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0828239
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt022023
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt091371
IRS990/DepreciationDepletionGrp/TotalAmt091371
IRS990/Desc0THE ORGANIZATION OWNS,OPERATES AND MANAGES VARIOUS HOUSING PROPERTIES AND COMPLEXES WHICH PROVIDE HOUSING TO LOW INCOME INDIVIDUALS IN THE UPPER CUMBERLAND DISTICT. THE HOUSING PROGRAMS ARE FUNDED BY VARIOUS FEDERAL AND STATE SUBIDIES SUCH AS HUD 202 LOANS AND GRANTS, THDA RENTAL ASSISTANCE, AND RURAL DEVELOPMENT SECTION 515 LOANS. UNDER THESE PROGRAMS, THE ORGANIZATION IS PROVIDING 263 AFFORDABLE HOUSING UNITS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01157717
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08444
IRS990/FeesForServicesAccountingGrp/TotalAmt08444
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt013916
IRS990/FeesForServicesLegalGrp/TotalAmt013916
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt01560
IRS990/FeesForServicesManagementGrp/TotalAmt01560
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt211529
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0MARVIN LUSK
IRS990/Form990PartVIISectionAGrp/PersonNm1ANITA BOWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2SHERRY THURMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID VIDRINE
IRS990/Form990PartVIISectionAGrp/PersonNm4BARBARA WITZIGMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN HAYES
IRS990/Form990PartVIISectionAGrp/PersonNm6MACK JUDKINS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt252048
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0144698
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt050543
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt050543
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0828239
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt020209
IRS990/InsuranceGrp/TotalAmt020209
IRS990/InterestGrp/ProgramServicesAmt012310
IRS990/InterestGrp/TotalAmt012310
IRS990/InvestmentIncomeGrp/ExclusionAmt0101
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0101
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0470010
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03537722
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03446351
IRS990/LandBldgEquipCostOrOtherBssAmt03916361
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ENTITY WAS ORGANIZED TO CONSTRUCT AND OPERATE LOW INCOME HOUSING FOR THE DISABLED AND ELDERLY IN THE UPPER CUMBERLAND DISTRICT AND TO PROVIDE HOUSING ASSISTANCE TO LOW INCOME AND HOMELESS PERSONS IN THE UPPER CUMBERLAND DISTRICT
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01031281
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01005882
IRS990/NetAssetsOrFundBalancesBOYAmt03288111
IRS990/NetAssetsOrFundBalancesEOYAmt02770331
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt022514
IRS990/OccupancyGrp/TotalAmt022514
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt041707
IRS990/OfficeExpensesGrp/TotalAmt041707
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt05335
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITES ON RENTAL PROP
IRS990/OtherExpensesGrp/Desc3PROPERTY TAXES ON RENTA
IRS990/OtherExpensesGrp/ProgramServicesAmt0521641
IRS990/OtherExpensesGrp/ProgramServicesAmt180572
IRS990/OtherExpensesGrp/ProgramServicesAmt272795
IRS990/OtherExpensesGrp/ProgramServicesAmt327990
IRS990/OtherExpensesGrp/TotalAmt0521641
IRS990/OtherExpensesGrp/TotalAmt180572
IRS990/OtherExpensesGrp/TotalAmt272795
IRS990/OtherExpensesGrp/TotalAmt327990
IRS990/OtherLiabilitiesGrp/BOYAmt013865
IRS990/OtherLiabilitiesGrp/EOYAmt015010
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt018000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018000
IRS990/OtherRevenueTotalAmt018000
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0521641
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0356988
IRS990/PaymentsToAffiliatesGrp/TotalAmt0356988
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07222
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08393
IRS990/PrincipalOfficerNm0MARVIN LUSK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1ELDERLY & DISABLED REN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0371678
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1283762
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0371678
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1283762
IRS990/ProgSrvcAccomActy2Grp/Desc0PROGRAM MANAGES A HOMELESS INFORMATION MANAGEMEMENT SYSTEM PROVIDING HUD WITH THE DATA NEEDED TO DEVELOP AND FUND PROGRAMS FOR THE UPPER CUMBERLAND DISTRICT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt043201
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION RECEIVES A STATE EMERGENCY SHELTER GRANT WHICH IS USED TO PROVIDE EMERGENCY SHELTER AND TRANSITIONAL HOUSING FOR HOMELESS INDIVIDUALS AND FAMILIES, INCLUDING THE OPERATION AND OR REHABILITATION OF THESE FACILITIES. ALSO PROVIDE ESSENTIAL SERVICES AND STREET OUTREACH SERVICES TO THE HOMELESS AND PROVIDE HOMELESS PREVENTION AND RAPID REHOUSING ACTIVITIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt079474
IRS990/ProgSrvcAccomActy3Grp/GrantAmt050543
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0207197
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09741
IRS990/PYOtherExpensesAmt0820474
IRS990/PYOtherRevenueAmt010338
IRS990/PYProgramServiceRevenueAmt0469651
IRS990/PYRevenuesLessExpensesAmt0-123547
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0820474
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0696927
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-517780
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0673440
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0154698
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0207197
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0901372
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01584427
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02847694
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0101
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0137
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0202
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0224
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0664
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02032987
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt018000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt010438
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt016334
IRS990ScheduleA/OtherIncome170Grp/TotalAmt044772
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98430
IRS990ScheduleA/PublicSupportPY170Pct00.99000
IRS990ScheduleA/PublicSupportTotal170Amt02847694
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0154698
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0207197
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0901372
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01584427
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02847694
IRS990ScheduleA/TotalSupportAmt02893130
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/BookValueAmt03209264
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0460626
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03669890
IRS990ScheduleD/EquipmentGrp/BookValueAmt020561
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09384
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029945
IRS990ScheduleD/ExpensesNotReportedAmt0126994
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0521641
IRS990ScheduleD/ExpensesSubtotalAmt0824378
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0216526
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0216526
IRS990ScheduleD/OtherExpensesIncludedAmt0126994
IRS990ScheduleD/OtherExpensesNotIncludedAmt0521641
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015010
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS HELD
IRS990ScheduleD/OtherRevenueAmt0-25870
IRS990ScheduleD/RevenueNotReportedAmt0-25870
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0828239
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED PROFESSIONAL GUIDANCE RELATING TO UNCERTAIN TAX POSITIONS. UNDER THIS GUIDANCE, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION WITH TAXING AUTHORITIES. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEAR ENDED JUNE 30, 2014, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN ITS FINANCIAL STATEMENTS. THE ORGANIZATION'S INFORMATION RETURNS FOR TAX YEARS 2010 AND BEYOND REMAIN SUBJECT TO EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1AFFILIATE INCOME - TWIN MAGNOLIAS -25,870.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2AFFILIATE EXPENSES - TWIN MAGNOLIAS 126,994.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3BAD DEBT EXPENSE 521,641.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03446351
IRS990ScheduleD/TotalExpensesPerForm990Amt01346019
IRS990ScheduleD/TotalLiabilityAmt015010
IRS990ScheduleD/TotalRevenuePerForm990Amt0828239
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0802369
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0951372
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt050543
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GRANTS PROVIDED TO HOMELESS AND LOW-INCOME INDIVIDUALS TO ASSIST WITH HOMELESS PREVENTION AND REHABILITATION. THIS INCLUDES PAYMENT OF UTILITIES, BACK RENT, TEMPORARY HOUSING, AND OTHER NEEDS TO ASSIST INDIVIDUALS IN OBTAINING AND RETAINING HOUSING.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt045
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS A DRAFT COPY OF FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10UPPER CUMBERLAND DEVELOPMENT DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11TWIN MAGNOLIA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0620801436
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1450927941
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SERVE PEOPLE OF THE UPPER CUMBERLAND REGION OF TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SERVE PEOPLE OF THE UPPER CUMBERLAND REGION OF TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(A)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine101225 SOUTH WILLOW AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine111225 SOUTH WILLOW AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0COOKEVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City1COOKEVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State1TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode038506
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode138506
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0376928
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1214419
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10UPPER CUMBERLAND DEVELOPMENT DISTRICT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine11UPPER CUMBERLAND DEVELOPMENT DISTRICT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04779661
IRS990/TotalAssetsEOYAmt04175304
IRS990/TotalAssetsGrp/BOYAmt04779661
IRS990/TotalAssetsGrp/EOYAmt04175304
IRS990/TotalCompGreaterThan150KInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,175,304
Liabilities
$1,404,973
Net assets
$2,770,331
Revenue
$828,239
Expenses
$1,346,019
Net income
-$517,780
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.06$4.43$3.63$1.35$1.55$0.20
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.42$4.59$3.82$1.71$1.69$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.29$4.49$3.80$1.18$1.44$0.26
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.47$4.41$4.06$1.26$1.30$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.64$4.54$4.10$1.26$1.27$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.71$4.60$4.11$1.41$1.42$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.17$3.05$4.12$1.61$1.62$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.39$1.25$4.14$1.07$1.12$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.54$1.26$4.28$0.94$1.11$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.74$1.29$4.45$1.73$0.99$0.74
2015Detailed filing. Detailed filing data is available for this year.$5.06$1.35$3.71$1.80$0.86$0.94
2014Detailed filing. Detailed filing data is available for this year.$4.18$1.40$2.77$0.83$1.35$0.52
2013Summary only. Only limited summary data is available for this year.$4.78$1.49$3.29$0.70$0.82$0.12
2012Summary only. Only limited summary data is available for this year.$4.73$1.34$3.39$1.40$1.07$0.33