Civic Intelligence

Midsouth Affordable Housing Solutions Inc

EIN 84-3594278 • 501(c)3 • Memphis, TN

Profile

Community revitalization through housing preservation

257 PandoraMemphis, TN 38117
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

85th percentile

$10,000

Higher top officer pay than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

11th percentile

-99%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Down

$61

Down $11,788 (-99%) from 2022

Liabilities

Down

$0

Down $249 (-100%) from 2022

Net Assets

Down

$61

Down $11,539 (-99%) from 2022

Revenue

Flat

$0

Flat from 2022

Expenses

Up

$10,855

Up $4,844 (+81%) from 2022

Net Income

Down

-$10,855

Down $4,844 (-81%) from 2022

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2020: $195,478Liabilities 2020: $180,209Net Assets 2020: $15,2692020Assets 2021: $72,751Liabilities 2021: $55,140Net Assets 2021: $17,6112021Assets 2022: $11,849Liabilities 2022: $249Net Assets 2022: $11,6002022Assets 2024: $61Liabilities 2024: $0Net Assets 2024: $612024

Highlighted filing

2024

Assets$61
Liabilities$0
Net Assets$61

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2020: $200,905Expenses 2020: $204,587Net Income 2020: -$3,6822020Revenue 2021: $23,583Expenses 2021: $21,241Net Income 2021: $2,3422021Revenue 2022: $0Expenses 2022: $6,011Net Income 2022: -$6,0112022Revenue 2024: $0Expenses 2024: $10,855Net Income 2024: -$10,8552024

Highlighted filing

2024

Revenue$0
Expenses$10,855
Net Income-$10,855

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

Community revitalization through housing preservation

Program Services

DescriptionGrantsExpenses
The organization provided warranty coverage for projects previously committed and did not start renovation of any new units in 2022 out of concerns that increased mortgage rates and rapidly accelerating construction costs would make it impossible to deliver adequate housing at an affordable price for the community we serve.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brad RaineyCEOPT$10,000-$10,000
Jack R TickleBoard Member-$0--
Julie C McNeilBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Midsouth Affordable Housing Solutions Inc
EIN
84-3594278
Phone
9014834796
Address
257 Pandora, Memphis, TN 38117

Signing Officer

Name
Brad Rainey
Title
CEO
Phone
9014834796
Signed
2025-05-13
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Payroll taxes $765 Bank fees $90

Raw XML Appendix224 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Memphis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd038117
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010916
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0855
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Community revitalization through housing preservation
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization provided warranty coverage for projects previously committed and did not start renovation of any new units in 2022 out of concerns that increased mortgage rates and rapidly accelerating construction costs would make it impossible to deliver adequate housing at an affordable price for the community we serve.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt010855
IRS990EZ/TotalProgramServiceExpensesAmt00
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IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0No other income
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0175493
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Payroll taxes $765 Bank fees $90
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Brad Rainey
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09014834796
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDSOUTH AFFORDABLE HOUSING SOLUTIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0MIDS
ReturnHeader/Filer/EIN0843594278
ReturnHeader/Filer/PhoneNum09014834796
ReturnHeader/Filer/USAddress/AddressLine1Txt0257 Pandora
ReturnHeader/Filer/USAddress/CityNm0Memphis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038117
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-05-14T08:42:32-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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