2024-10-31T14:20:52-05:00 2024-06-30 621046406 JOHNSON HICKEY & MURCHISON PC 2215 OLAN MILLS DRIVE CHATTANOOGA TN 37421 990 2023-07-01 273212345 PEYTON MANOR INC PEYT 9314324111 1104 ENGLAND DRIVE COOKEVILLE TN 38501 MYRA WALKER HOUSING DIRECTOR 9314324111 2024-10-31 1 DEREK YOUNG P01350589 4237560052 2024-10-31 2023 2024-10-15 13:58:12Z 1104 ENGLAND DRIVE COOKEVILLE TN 38501 224971 0 X N/A X 2010 TN THIS PROPERTY HAS A COMMITMENT TO SERVE THE ELDERLY THROUGH AFFORDABLE HOUSING AND MAKE EVERY EFFORT TO PROVIDE AN ENVIRONMENT CONDUCIVE TO THE WELL BEING OF THE INDIVIDUAL. 4 4 0 0 0 0 49197 54620 151284 157218 7 7 4841 13126 205329 224971 0 0 0 0 0 0 0 0 0 335644 310822 335644 310822 -130315 -85851 3356673 3269989 70779 69946 3285894 3200043 THIS PROPERTY HAS A COMMITMENT TO SERVE THE ELDERLY THROUGH AFFORDABLE HOUSING AND MAKE EVERY EFFORT TO PROVIDE AN ENVIRONMENT CONDUCIVE TO THE WELL BEING OF THE INDIVIDUAL. 0 0 284599 170344 THE PROPERTY IS A 35-UNIT APARTMENT COMPLEX FOR LOW-INCOME SENIOR ADULTS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT WITH RENT SUBSIDIZED BY HUD. 284599 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 TN X CUMBERLAND REGIONAL DEVELOPMENT CORPORATION 9314324111 1104 ENGLAND DRIVE COOKEVILLE TN 38501 X HOLLY WILLIAMS CHAIRPERSON 1.00 X X 0 0 0 MARIE FERRAN SECRETARY 1.00 X X 0 0 0 MARVIN LUSK MEMBER 1.00 X 0 0 0 PATRICK JOHNSON MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 54620 54620 RENT REVENUE 532000 157218 157218 157218 7 7 MISCELLANEOUS REVENUE 900099 7873 7873 LAUNDRY & VENDING 900099 4272 4272 TENANT CHARGES 900099 981 981 13126 224971 170344 0 7 19176 19176 175 175 6872 6872 24810 24810 1106 1106 4031 4031 76097 76097 78 78 103727 103727 12783 12783 CONTRACTS 31558 31558 REAL ESTATE TAXES 16745 16745 SUPPLIES 11843 11843 MISCELLANEOUS EXPENSE 1821 1821 310822 284599 26223 0 3970 3344 3852 4465 4255405 1070236 3271309 3185169 77542 77011 3356673 3269989 56672 55931 14107 14015 70779 69946 X 3285894 3200043 3285894 3200043 3356673 3269989 -85851 0 X 0 1 X 1 1 1 X 49343 50764 37971 49197 54620 241895 49343 50764 37971 49197 54620 241895 241895 36 8 7 7 7 65 3385 3453 2768 4841 13126 27573 269533 742016 0.89750 0.66490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 198472 198472 4028738 1042041 2986697 28195 28195 0 3185169 TENANT SECURITY DEPOSITS HELD 12897 PREPAID RENT 1118 14015 X 231319 6348 6348 224971 0 224971 317170 6348 6348 310822 0 310822 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 JUNE 30, 2024, 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 JUNE 30, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE RENT FREE UNIT 6,348. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE RENT FREE UNIT 6,348. FORM 990, PART VI, SECTION A, LINE 3 THE MANAGEMENT OF PEYTON MANOR, INC. IS PERFORMED BY CUMBERLAND REGIONAL DEVELOPMENT CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD MEMBERS REVIEW A DRAFT COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CUMBERLAND REGIONAL DEVELOPMENT CORPORATION 1104 ENGLAND DRIVE COOKEVILLE TN 38501 621651393 MANAGEMENT TN 501(C)(3) LINE 7 N/A 0 CLINCH RIVER APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 621873825 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 DOGWOOD MANOR APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 453946455 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 FAIRGROUND APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 621872705 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 FIDDLERS ANNEX APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 263782299 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 FIDDLERS MANOR APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 621837548 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 GOLDEN OAKS APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 204045133 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 HILLTOP MANOR APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 621783078 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 LAUREL CREEK APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 621874761 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 MACE APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 204044976 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 PEDIGO 1 APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 200543348 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 PEDIGO 2 APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 200576618 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 ROBERTSVILLE APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 134238401 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 SHENANDOAH APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 200487886 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 SHENANDOAH HAVEN APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 200488534 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 SOUTH CARTHAGE APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 204045065 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0