Civic Intelligence

Boscobel Heights Development Company Inc.

990 • Fiscal year 2021 • EIN 83-1126768

Oct 01, 2020 to Sep 30, 2021 • Filed on Jul 25, 2022

Organization ProfileN/A
701 S 6th StreetNashville, TN 37206

(615) 252-8442

Siviq Scores

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

Liabilities / Assets

95th percentile

1.02x

Higher debt load relative to assets than 95% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

28.89x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

2nd percentile

-111%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

17th percentile

-1.1%

Faster asset growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

28th percentile

0.0%

Faster revenue growth than 28% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$26,913,589

Down $300,719 (-1.1%) from 2020

Net Assets

Down

-$545,400

Down $268,238 (-97%) from 2020

Liabilities

Down

$27,458,989

Down $32,481 (-0.1%) from 2020

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin2nd percentile

Revenue

Up

$950,458

Up $458 (+0.0%) from 2020

Expenses

Up

$2,003,352

Up $214,376 (+12%) from 2020

Net Income

Down

-$1,052,894

Down $213,918 (-25%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2018: $27,894,056Liabilities 2018: $27,894,056Net Assets 2018: $02018Assets 2019: $30,679,781Liabilities 2019: $30,900,412Net Assets 2019: -$220,6312019Assets 2020: $27,214,308Liabilities 2020: $27,491,470Net Assets 2020: -$277,1622020Assets 2021: $26,913,589Liabilities 2021: $27,458,989Net Assets 2021: -$545,4002021Assets 2022: $26,709,682Liabilities 2022: $27,515,856Net Assets 2022: -$806,1742022Assets 2023: $26,506,724Liabilities 2023: $27,572,860Net Assets 2023: -$1,066,1362023Assets 2024: $26,302,790Liabilities 2024: $27,634,024Net Assets 2024: -$1,331,2342024

Highlighted filing

2021

Assets$26,913,589
Liabilities$27,458,989
Net Assets-$545,400
Open 2021 Filing

Operations Trend

Revenue Growth28th percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $211,298Net Income 2019: -$211,2982019Revenue 2020: $950,000Expenses 2020: $1,788,976Net Income 2020: -$838,9762020Revenue 2021: $950,458Expenses 2021: $2,003,352Net Income 2021: -$1,052,8942021Revenue 2022: $950,000Expenses 2022: $1,995,430Net Income 2022: -$1,045,4302022Revenue 2023: $952,128Expenses 2023: $1,996,746Net Income 2023: -$1,044,6182023Revenue 2024: $954,573Expenses 2024: $2,007,327Net Income 2024: -$1,052,7542024

Highlighted filing

2021

Revenue$950,458
Expenses$2,003,352
Net Income-$1,052,894
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Jul 25, 2022
Return Version
2020v4.2
Gross Receipts
$950,458
Mission and Program Overview

Mission

To support the metropolitan development and housing agency whose mission is to create affordable housing opportunities, support neighborhoods, strengthen communities and help build a greater nashville.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$24,657,520$23,814,360▼ $843,160
Cash and Non-Interest-Bearing Accounts$1,738,909$912,503▼ $826,406
Accounts Receivable-$588,468-
Intangible Assets$37,500$37,500→ $0
Total Assets$27,214,308$26,913,589▼ $300,719
Other Assets Total$780,379$1,560,758▲ $780,379
Liabilities
Mortgage Notes Payable Secured by Investment Property$27,403,122$27,457,498▲ $54,376
Accounts Payable and Accrued Expenses$88,348$1,491▼ $86,857
Total Liabilities$27,491,470$27,458,989▼ $32,481
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-277,162$-545,400▼ $268,238
Total Net Assets Fund Balance$-277,162$-545,400▼ $268,238
Total Liabilities and Net Assets / Fund Balance$27,214,308$26,913,589▼ $300,719

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,270,273$1,163,780$22,434,053
Other Land Buildings$2,544,087$447,942$2,992,029
Other Assets Org$1,560,758--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleOtherTotal
Melinda HatfieldDirector of Finance$142,989$142,989

Board Members and Trustees

NameTitle
Emily ThadenPresident
Danny HerronVice President
James HarbisonSecretary
Anna PageTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$950,458
Change in Net Assets
$-1,052,894

Audited Revenue Reconciliation

Revenue per Audited Statements
$950,458
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$780,379
Total Revenue per Audited Statements
$1,730,837
Total Revenue per Form 990
$950,458
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,003,352
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
Interest$1,092,507--$1,092,507
Depreciation Depletion$847,437--$847,437
Fees for Services Other$2,315$25,816-$28,131
Insurance-$19,286-$19,286
Fees for Services Accounting-$14,500-$14,500
Other Expenses-$1,491-$1,491
Total Functional Expenses$1,942,259$61,093$0$2,003,352

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,003,352
Expenses per Audited Statements$1,999,075
Total Expenses per Audited Statements$1,999,075
Expenses Not Reported on Financial Statements$4,277
Other Expense Adjustments$4,277
Expenses Not Reported on Form 990$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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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, Part VI, Section B, Line 11B

“A copy of form 990 was provided to the organization's governing body before it was filed.”

Form 990, Part VI, Section B, Line 12C

“Each director, officer and member of a committee with board delegated powers annually signs a statement which affirms that such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one more of its tax-exempt purposes.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Boscobel Heights Development
EIN
83-1126768
Phone
6152528442
Address
701 S 6TH STREET, NASHVILLE, TN 37206

Signing Officer

Name
Troy D White
Title
Secretary
Phone
6152528400
Signed
2022-07-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Troy D White
Formed
2018
Legal Domicile
Tn
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
211 EAST OCEAN BLVD SUITE 600, LONG BEACH, CA 90802
Preparer
Bryan Hung
Phone
5624329482
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Amortization book/tax difference 2,066. Deferred rent book/tax difference 780,379. Depreciation book/tax difference 2,211.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Deferred rent - book/tax difference 780,379.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Amortization - book/tax difference 2,066. Depreciation - book/tax difference 2,211.”

Raw XML Appendix397 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/BOYAmt088348
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01491
IRS990/AccountsReceivableGrp/EOYAmt0588468
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT THE METROPOLITAN DEVELOPMENT AND HOUSING AGENCY WHOSE MISSION IS TO CREATE AFFORDABLE HOUSING OPPORTUNITIES, SUPPORT NEIGHBORHOODS, STRENGTHEN COMMUNITIES AND HELP BUILD A GREATER NASHVILLE.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MELINDA HATFIELD
IRS990/BooksInCareOfDetail/PhoneNum06152528442
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0701 S 6TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NASHVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037206
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01738909
IRS990/CashNonInterestBearingGrp/EOYAmt0912503
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02003352
IRS990/CYOtherRevenueAmt0950458
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1052894
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02003352
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0950458
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0847437
IRS990/DepreciationDepletionGrp/TotalAmt0847437
IRS990/Desc0FINANCING BY COMMUNITY DEVELOPMENT ENTITIES TO CONSTRUCT A K-8 CHARTER SCHOOL FACILITY LEASED TO THE METROPOLITAN DEVELOPMENT AND HOUSING AGENCY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01942259
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt014500
IRS990/FeesForServicesAccountingGrp/TotalAmt014500
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt025816
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02315
IRS990/FeesForServicesOtherGrp/TotalAmt028131
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0EMILY THADEN
IRS990/Form990PartVIISectionAGrp/PersonNm1DANNY HERRON
IRS990/Form990PartVIISectionAGrp/PersonNm2ANNA PAGE
IRS990/Form990PartVIISectionAGrp/PersonNm3MELINDA HATFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES HARBISON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3142989
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0950458
IRS990/GrossRentsGrp/RealAmt0950458
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt019286
IRS990/InsuranceGrp/TotalAmt019286
IRS990/IntangibleAssetsGrp/BOYAmt037500
IRS990/IntangibleAssetsGrp/EOYAmt037500
IRS990/InterestGrp/ProgramServicesAmt01092507
IRS990/InterestGrp/TotalAmt01092507
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01611722
IRS990/LandBldgEquipBasisNetGrp/BOYAmt024657520
IRS990/LandBldgEquipBasisNetGrp/EOYAmt023814360
IRS990/LandBldgEquipCostOrOtherBssAmt025426082
IRS990/LegalDomicileStateCd0TN
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SUPPORT THE METROPOLITAN DEVELOPMENT AND HOUSING AGENCY WHOSE MISSION IS TO CREATE AFFORDABLE HOUSING OPPORTUNITIES, SUPPORT NEIGHBORHOODS, STRENGTHEN COMMUNITIES AND HELP BUILD A GREATER NASHVILLE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt027403122
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt027457498
IRS990/NetAssetsOrFundBalancesBOYAmt0-277162
IRS990/NetAssetsOrFundBalancesEOYAmt0-545400
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0950458
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0950458
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-277162
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-545400
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0780379
IRS990/OtherAssetsTotalGrp/EOYAmt01560758
IRS990/OtherChangesInNetAssetsAmt0784656
IRS990/OtherExpensesGrp/Desc0FIDELITY BOND
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01491
IRS990/OtherExpensesGrp/TotalAmt01491
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TROY D WHITE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01788976
IRS990/PYOtherRevenueAmt0950000
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-838976
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01788976
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0950000
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1052894
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0950458
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0950458
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0BOSCOBEL HEIGHTS DEVELOPMENT COMPANY, INC (THE ORGANIZATION") SHARES ONE DIRECTOR WITH THE SUPPORTED ORGANIZATION, METROPOLITAN DEVELOPMENT AND HOUSING AGENCY ("MDHA"). THEREFORE, MDHA HAS A SIGNIFICANT VOICE IN THE ORGANIZATION'S INVESTMENT POLICIES AND HAS CONTROL OVER THE INCOME AND ASSETS OF THE ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1BOSCOBEL HEIGHTS DEVELOPMENT COMPANY, INC'S (THE ORGANIZATION") HAD AN ACTIVITY TO LEASE A CHARTER SCHOOL FACILITY TO SUPPORT METROPOLITAN DEVELOPMENT AND HOUSING AGENCY'S ("MDHA") MISSION, WHICH IS TO CREATE AFFORDABLE HOUSING OPPORTUNITIES. MDHA HAS A SIGNIFICANT VOICE IN DIRECTING THE USE OF THE ORGANIZATION'S ASSETS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2BUT FOR THE ACTIVITIES OF METROPOLITAN DEVELOPMENT AND HOUSING AGENCY, BOSCOBEL HEIGHTS DEVELOPMENT COMPANY, INC WOULD NORMALLY ENGAGE IN THE LEASING OF A CHARTER SCHOOL FACILITY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2A:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 2B:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0626001585
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0METROPOLITAN DEVELOPMENT AND HOUSING AGENCY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt021270273
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01163780
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt022434053
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt04277
IRS990ScheduleD/ExpensesSubtotalAmt01999075
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01560758
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED RENT
IRS990ScheduleD/OtherExpensesNotIncludedAmt04277
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02544087
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0447942
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02992029
IRS990ScheduleD/OtherRevenueAmt0780379
IRS990ScheduleD/RevenueNotReportedAmt0780379
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0950458
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DEFERRED RENT - BOOK/TAX DIFFERENCE 780,379.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1AMORTIZATION - BOOK/TAX DIFFERENCE 2,066. DEPRECIATION - BOOK/TAX DIFFERENCE 2,211.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt023814360
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01560758
IRS990ScheduleD/TotalExpensesPerForm990Amt02003352
IRS990ScheduleD/TotalRevenuePerForm990Amt0950458
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01730837
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01999075
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AMORTIZATION BOOK/TAX DIFFERENCE 2,066. DEFERRED RENT BOOK/TAX DIFFERENCE 780,379. DEPRECIATION BOOK/TAX DIFFERENCE 2,211.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0METROPOLITAN DEVELOPMENT AND HOUSING AGENCY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0626001585
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0SECTION 115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CREATE AFFORDABLE HOUSING, SUPPORT NEIGHBORHOODS AND COMMUNITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0701 SOUTH SIXTH STREET PO BOX 846
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NASHVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd037202
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd01
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/TotalAssetsBOYAmt027214308
IRS990/TotalAssetsEOYAmt026913589
IRS990/TotalAssetsGrp/BOYAmt027214308
IRS990/TotalAssetsGrp/EOYAmt026913589
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt061093
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01942259
IRS990/TotalFunctionalExpensesGrp/TotalAmt02003352
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt027491470
IRS990/TotalLiabilitiesEOYAmt027458989
IRS990/TotalLiabilitiesGrp/BOYAmt027491470
IRS990/TotalLiabilitiesGrp/EOYAmt027458989
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-277162
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-545400
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01942259
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0950458
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0950458
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt027214308
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt026913589
IRS990/TotReportableCompRltdOrgAmt0142989
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0701 S 6TH STREET
IRS990/USAddress/CityNm0NASHVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037206
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TROY D WHITE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum06152528400
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOSCOBEL HEIGHTS DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt0BOSC
ReturnHeader/Filer/EIN0831126768
ReturnHeader/Filer/PhoneNum06152528442
ReturnHeader/Filer/USAddress/AddressLine1Txt0701 S 6TH STREET
ReturnHeader/Filer/USAddress/CityNm0NASHVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037206
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0943108253
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NOVOGRADAC & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0211 EAST OCEAN BLVD SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LONG BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090802
ReturnHeader/PreparerPersonGrp/PhoneNum05624329482
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRYAN HUNG
ReturnHeader/ReturnTs02022-07-25T20:25:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TROY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WHITE
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,913,589
Liabilities
$27,458,989
Net assets
-$545,400
Revenue
$950,458
Expenses
$2,003,352
Net income
-$1,052,894
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.3$27.6$1.33$0.95$2.01$1.05
2023Detailed filing. Detailed filing data is available for this year.$26.5$27.6$1.07$0.95$2.00$1.04
2022Detailed filing. Detailed filing data is available for this year.$26.7$27.5$0.81$0.95$2.00$1.05
2021Detailed filing. Detailed filing data is available for this year.$26.9$27.5$0.55$0.95$2.00$1.05
2020Detailed filing. Detailed filing data is available for this year.$27.2$27.5$0.28$0.95$1.79$0.84
2019Detailed filing. Detailed filing data is available for this year.$30.7$30.9$0.22$0.00$0.21$0.21
2018Detailed filing. Detailed filing data is available for this year.$27.9$27.9$0.00$0.00$0.00$0.00