2024-03-25T11:19:06-00:00 2022-12-31 200104471 Foster Ballard Foster 1455 Lincoln Parkway suite 425 Atlanta GA 30346 990 2022-01-01 591778757 Metrocenter Teachers Apartment Inc METR 6152594332 451 Ponder Place Nashville TN 37228 Gwen McFarland Managing Partner 6152594332 2024-03-25 true Gwen McFarland XXX-XX-XXXX Terry L Foster P03197912 6787332518 2024-03-25 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z Gwen McFarland 451 Ponder Place Nashville TN 37228 2094236 false X X Non Profit 1976 TN To provided quality and affordable low income housing for the Elderly 8 8 10 10 0 0 2056147 2079067 1577 4352 45961 10817 2103685 2094236 0 0 0 0 0 2245195 2279696 2245195 2279696 -141510 -185460 6740501 6434390 7521927 7401276 -781426 -966886 The mission of the organization is to provide quality and affordable housing to low income tenants false false 2279696 2094236 Housing for Low income Tenants 2279696 true false false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 10 true false false false false false false false false false false false false false X 8 8 false true false false false false false true false false false false true true false false true false false false X Taliafaro Inc 6152594332 1227 9th Avenue North Nashville TN 37207 X Debra Edwards DeFrance Manager 040.00 040.00 X X X 50003 0 0 Alfred Coleman Chairman 002.00 002.00 X X 0 0 0 Ernestine Hazelwood Vice Chair 002.00 002.00 X X 0 0 0 Ola G Hudson Secretary 002.00 002.00 X X 0 0 0 Rose Marie Howell Member 000.50 000.50 X 0 0 0 Mary Lanier Member 000.50 000.50 X 0 0 0 Geroge Cate Jr Attorney 000.50 000.50 X 0 0 0 George Kersey Member 000.50 000.50 X 0 0 0 Robert W Gogen member 000.50 000.50 X 0 0 0 Clarence C White Jr Member 000.50 000.50 X 0 0 0 50003 false false false Tenant Rent 532000 2079067 2079067 2079067 4352 4352 Laundry and Vending 900099 2547 2547 Tenant Charges 900099 3884 3884 Service Coordinator/Comcast 900099 4386 4386 10817 2094236 2094236 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 226297 226297 0 633178 633178 0 Administrative 288222 288222 Utilities 404898 404898 Operating 519477 519477 Taxes and Insurance 207034 207034 590 590 2279696 2279696 0 0 537385 581108 12137 12816 41867 16618 15361202 12654254 3132873 2706948 3016239 3116900 6740501 6434390 1330849 1205565 6133457 6133893 57621 61818 7521927 7401276 X -781426 -966886 -781426 -966886 6740501 6434390 -185460 X false false X true true true X 1895819 2039348 3935167 1895819 2039348 3935167 3935167 2172 6813 8985 116818 56730 173548 4117700 0.95570 0.95900 X false 465989 465989 13317599 11088786 2228813 1130022 1122740 7282 447592 442728 4864 2706948 Financial derivatives and other financial products Closely-held equity interests Replacement Reserve 1184491 Deferred Finance Costs 44554 Tenant Security Deposits 93954 Escrow Deposit 253835 Residual Receipts 546680 Other Reserves 993386 3116900 Federal income taxes Tenant Security Deposit 61818 61818 Form 990, Part VII, Section B, Line 11A The IRS form 990 is given to the management Agent and the President to review. The form 8879-EO is signed and returned to me as an indication that the return was reviewed and approved. Form 990, Part VI, Section 11, Line C The financials are electronically submitted to HUD. All related parties who would like to receive a copy of the financials may request it. A copy will be provided upon request. Form 990, Part VI, Section B, Line 12A12B The board members are required to complete a conflict of interest form each year. If a conflict of interest occurs the board is notified immediately. Form 990, Part VI, Section B, Line 14 The company has a written retension and destruction policy.